Super Group (JSE:SPG) Gross Margin %: 96.22% (As of Dec. 2025) — 675% Above Median


JSE:SPG Super Group Ltd JSE:SPG
84 GF Score
Price R19.46
GF Value R23.64
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Super Group Gross Margin %?

Super Group JSE:SPG +2.96% 84 Gross Margin % is 96.22% as of Dec. 2025, which is 675% above its 10-year median of 12.41. GuruFocus rates JSE:SPG with a GF Score™ of 84/100 and a GF Value™ of R23.64 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 977 Transportation companies, Super Group ranks worse than 64.89% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Super Group's Gross Profit for the six months ended in Dec. 2025 was R21,824 Mil. Super Group's Revenue for the six months ended in Dec. 2025 was R22,681 Mil. Therefore, Super Group's Gross Margin % for the quarter that ended in Dec. 2025 was 96.22%.


The historical rank and industry rank for Super Group's Gross Margin % or its related term are showing as below:

JSE:SPG' s Gross Margin % Range Over the Past 10 Years
Min: 11.73   Med: 12.41   Max: 14.53
Current: 14.53


During the past 13 years, the highest Gross Margin % of Super Group was 14.53%. The lowest was 11.73%. And the median was 12.41%.

JSE:SPG's Gross Margin % is ranked worse than
64.89% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs JSE:SPG: 14.53

Super Group had a gross margin of 96.22% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Super Group was -0.40% per year.


Super Group  (JSE:SPG) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Super Group had a gross margin of 96.22% for the quarter that ended in Dec. 2025 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Super Group Gross Margin % Related Terms


Super Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Super Group's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Super Group Gross Margin % Chart

Super Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.32 12.65 12.59 11.82 11.73

Super Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.70 -99.64 96.05 -64.95 96.22

JSE:SPG vs UPS, FDX, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, Super Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Super Group Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Super Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Super Group's Gross Margin % falls into.


JSE:SPG
84GF Score
Super Group Ltd JSE:SPG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Super Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Super Group's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=5222.3 / 44510.295
=(Revenue - Cost of Goods Sold) / Revenue
=(44510.295 - 39288.005) / 44510.295
=11.73 %

Super Group's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=21823.6 / 22681.041
=(Revenue - Cost of Goods Sold) / Revenue
=(22681.041 - 857.444) / 22681.041
=96.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 96.22% mean?
Super Group (JSE:SPG) has a Gross Margin % of 96.22% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Super Group and its competitors. This is 675% above median its historical median of 12.41. Over the past decade, Super Group's Gross Margin % has ranged from 11.73 to 14.53. According to the industry distribution chart, Super Group ranks #634 out of 977 companies in the Transportation industry, placing it in the top 64.9%.
Is Super Group's Gross Margin % too high?
Super Group's current Gross Margin % of 96.22% is 675% above median its 10-year median of 12.41. Over the past 10 years, this metric has ranged from a low of 11.73 to a high of 14.53. The Transportation industry median Gross Margin % is 20.42. Super Group's value of 96.22% is 371.2% above this industry median. Based on the distribution chart, Super Group ranks #634 out of 977 companies in the Transportation industry, which is below the industry midpoint. Overall, Super Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Super Group's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, Super Group ranks #634 out of 977 companies for Gross Margin %. This places Super Group in the lower half of its industry. The industry median Gross Margin % is 20.42. Super Group's value of 96.22% is 371.2% above this benchmark. Historically, Super Group's own Gross Margin % has ranged from 11.73 to 14.53 over the past decade. While the company's 10-year median is 12.41 vs. the industry median of 20.42, Super Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Super Group's current Gross Margin % of 96.22% is 371.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Super Group and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Group's current Gross Margin % is 96.22%, which is 675% above median its own 10-year median of 12.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Group stock overvalued right now?
Based on GuruFocus' analysis, Super Group (JSE:SPG) is currently considered Modestly Undervalued. The stock's GF Value™ is R23.64, compared to a current price of R19.46 — trading 17.7% below its estimated fair value. The current Gross Margin % is 96.22%, which is 675% above median its 10-year median of 12.41 and 371.2% above the Transportation industry median of 20.42. Super Group's overall GF Score™ is 84/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Super Group (JSE:SPG), the current Gross Margin % is 96.22% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Super Group (JSE:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Super Group stock appears to be undervalued. The current stock price of R19.46 is trading 17.7% below its estimated GF Value™ of R23.64. GuruFocus considers Super Group to be Modestly Undervalued.

Key valuation signals for JSE:SPG:

  • Gross Margin %: 96.22% (675% above median its 10-year median of 12.41)
  • GF Value™: R23.64 vs. price of R19.46 (17.7% below fair value)
  • GF Score™: 84/100 with 11 warning signs
  • Industry Position: 371.2% above the Transportation median (#634 of 977)

No single metric tells the full story. See the JSE:SPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Super Group Business Description

Other Exchanges S8G1:Germany
Address 27 Impala Road, Chislehurston, Sandton, Johannesburg, ZAF, 2196
Super Group Ltd provides logistics and mobility solutions across sub-Saharan Africa, the United Kingdom, Europe, and Australasia through several key segments. Its Supply Chain divisions offer distribution, warehousing, and courier services. The Dealerships divisions manage the sale and servicing of passenger and commercial vehicles in South Africa and the United Kingdom, representing key vehicle brands. The Fleet Solutions divisions provide fleet management and vehicle leasing services. The principal segments of the company are Supply Chain Africa, Supply Chain Europe, Fleet Africa, SG Fleet, Dealerships SA, Dealerships UK and Services. Geographically, the company generates the majority of its revenue from South Africa.
84GF Score

Get the complete analysis for JSE:SPG

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R19.46
Price
R23.64
GF Value