Boxer Retail (JSE:BOX) Net Income: R1,556 Mil (TTM As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:BOX Boxer Retail Ltd JSE:BOX
21 GF Score
Price R79.50
! 4 Warning Signs
View Full Analysis

What is Boxer Retail Net Income?

Boxer Retail JSE:BOX -0.59% 21 Net Income is R1,556 Mil as of Feb. 2026. GuruFocus rates JSE:BOX with a GF Score™ of 21/100. The stock has 4 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Boxer Retail's Net Income for the six months ended in Feb. 2026 was R1,054 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2026 was R1,556 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Boxer Retail's Earnings per Share (Diluted) for the six months ended in Feb. 2026 was R2.30.


Boxer Retail  (JSE:BOX) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Boxer Retail's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Boxer Retail Net Income Related Terms


Boxer Retail Net Income Historical Data

* Premium members only.

The historical data trend for Boxer Retail's Net Income 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.

Boxer Retail Net Income Chart

Boxer Retail Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Net Income
854.00 1,104.00 1,385.00 1,383.00 1,556.00

Boxer Retail Semi-Annual Data
Feb22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Net Income Get a 7-Day Free Trial 944.00 491.00 892.00 502.00 1,054.00
JSE:BOX
21GF Score
Boxer Retail Ltd JSE:BOX
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boxer Retail Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Boxer Retail's Net Income for the fiscal year that ended in Feb. 2026 is calculated as

Net Income(A: Feb. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2112+-556+0+0
=1,556

Boxer Retail's Net Income for the quarter that ended in Feb. 2026 is calculated as

Net Income(Q: Feb. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1432+-378+0+0
=1,054

Net Income for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,556 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of R1,556 Mil mean?
Boxer Retail (JSE:BOX) has a Net Income of R1,556 Mil as of Feb. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Boxer Retail and its competitors.
Is Boxer Retail's Net Income too high?
Boxer Retail's current Net Income is R1,556 Mil. Overall, Boxer Retail has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's Net Income compare to DDS and M?
Boxer Retail's Net Income of R1,556 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Retail - Cyclical company?
A good Net Income depends on the Retail - Cyclical industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Boxer Retail and its competitors. Boxer Retail's current Net Income is R1,556 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current Net Income of R1,556 Mil. The current Net Income is R1,556 Mil. Boxer Retail's overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Boxer Retail (JSE:BOX), the current Net Income is R1,556 Mil as of Feb. 2026. 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.

Boxer Retail Business Description

Address 41 The Boulevard, PO Box 370, Westend Office Park, Westville, NL, ZAF, 3630
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
21GF Score

Get the complete analysis for JSE:BOX

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

R79.50
Price