Arena REITASX:ARF 85 Net Margin % is 192.04% as of Dec. 2025, which is 50% above its 10-year median of 128.40. GuruFocus rates ASX:ARF with a GF Score™ of 85/100 and a GF Value™ of A$3.54 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 928 REITs companies, Arena REIT ranks better than 92.78% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Arena REIT's Net Income for the
six
months ended in Dec. 2025 was A$109.7 Mil. Arena REIT's Revenue for the
six
months ended in Dec. 2025 was A$57.1 Mil. Therefore, Arena REIT's net margin for the quarter that ended in Dec. 2025 was 192.04%.
The historical rank and industry rank for Arena REIT's Net Margin % or its related term are showing as below:
ASX:ARF'
s Net Margin % Range Over the Past 10 Years
Min: 58.98 Med: 128.4 Max: 405.5
Current: 134.74
ASX:ARF's Net Margin % is ranked better than 92.78% of 928
companies
in the REITs industry
Industry Median: 45.23
vs ASX:ARF: 134.74
Arena REIT (ASX:ARF) Net Margin % Explanation
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.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Arena REIT Net Margin % Related Terms
Arena REIT Net Margin % Historical Data
* Premium members only.
The historical data trend for Arena REIT's Net 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.
ASX:ARF vs EQIX, AMT, DLR: Net Margin % Comparison
For the REIT - Specialty subindustry, Arena REIT's Net Margin %, along with its competitors' market caps and Net 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.
Arena REIT Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Arena REIT's Net Margin % distribution charts can be found below:
* The bar in red indicates where Arena REIT's Net Margin % falls into.
* 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.
Arena REIT (ASX:ARF) has a Net Margin % of 192.04% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Arena REIT and its competitors. This is 50% above median its historical median of 128.40. Over the past decade, Arena REIT's Net Margin % has ranged from 58.98 to 405.50. According to the industry distribution chart, Arena REIT ranks #67 out of 928 companies in the REITs industry, placing it in the top 7.2%.
Is Arena REIT's Net Margin % too high?
Arena REIT's current Net Margin % of 192.04% is 50% above median its 10-year median of 128.40. Over the past 10 years, this metric has ranged from a low of 58.98 to a high of 405.50. The REITs industry median Net Margin % is 45.23. Arena REIT's value of 192.04% is 324.6% above this industry median. Based on the distribution chart, Arena REIT ranks #67 out of 928 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Arena REIT has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arena REIT's Net Margin % compare to EQIX and AMT?
According to the REITs industry distribution chart, Arena REIT ranks #67 out of 928 companies for Net Margin %. This places Arena REIT in the top 7% of its industry — outperforming the majority of peers. The industry median Net Margin % is 45.23. Arena REIT's value of 192.04% is 324.6% above this benchmark. Historically, Arena REIT's own Net Margin % has ranged from 58.98 to 405.50 over the past decade. While the company's 10-year median is 128.40 vs. the industry median of 45.23, Arena REIT 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arena REIT's current Net Margin % of 192.04% is 324.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Arena REIT and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arena REIT's current Net Margin % is 192.04%, which is 50% above median its own 10-year median of 128.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arena REIT stock overvalued right now?
Based on GuruFocus' analysis, Arena REIT (ASX:ARF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.54, compared to a current price of A$3.19 — trading 9.9% below its estimated fair value. The current Net Margin % is 192.04%, which is 50% above median its 10-year median of 128.40 and 324.6% above the REITs industry median of 45.23. Arena REIT's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Arena REIT (ASX:ARF), the current Net Margin % is 192.04% 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 Arena REIT (ASX:ARF) Overvalued in 2026?
Based on GuruFocus' analysis, Arena REIT stock appears to be undervalued.
The current stock price of A$3.19 is trading 9.9% below its estimated GF Value™ of A$3.54.
GuruFocus considers Arena REIT to be Modestly Undervalued.
Key valuation signals for ASX:ARF:
Net Margin %: 192.04% (50% above median its 10-year median of 128.40)
GF Value™: A$3.54 vs. price of A$3.19 (9.9% below fair value)
Industry Position: 324.6% above the REITs median (#67 of 928)
No single metric tells the full story. See the ASX:ARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arena REIT is an internally managed Australian property trust. The REIT specializes in leasing social infrastructure properties, with close to 300 childcare centers and about a dozen healthcare facilities in its portfolio. Typically, tenants enter into long-term leases with inflation-linked or fixed rental escalations every year. All leases are "triple net," meaning tenants pay for all statutory and operating outgoings and costs, such as land tax, insurance, electricity, and maintenance. The tenant profile is concentrated—almost three quarters of rents are generated from the top five tenants. Arena actively grows its property book through acquisitions and developments, and historically added on average 10 sites, net of divestments, per year.
85GF Score
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