Myer HoldingsASX:MYR +1.64%42 Net Margin % is 2.31% as of Jan. 2026, which is 74% above its 10-year median of 1.33. GuruFocus rates ASX:MYR with a GF Score™ of 42/100 and a GF Value™ of A$0.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Myer Holdings ranks worse than 84.49% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Myer Holdings's Net Income for the
six
months ended in Jan. 2026 was A$40 Mil. Myer Holdings's Revenue for the
six
months ended in Jan. 2026 was A$1,747 Mil. Therefore, Myer Holdings's net margin for the quarter that ended in Jan. 2026 was 2.31%.
The historical rank and industry rank for Myer Holdings's Net Margin % or its related term are showing as below:
ASX:MYR'
s Net Margin % Range Over the Past 10 Years
Min: -19.01 Med: 1.33 Max: 2.21
Current: -6.17
ASX:MYR's Net Margin % is ranked worse than 84.49% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.33
vs ASX:MYR: -6.17
Myer Holdings (ASX:MYR) 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.
Myer Holdings Net Margin % Related Terms
Myer Holdings Net Margin % Historical Data
* Premium members only.
The historical data trend for Myer Holdings'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.
For the Department Stores subindustry, Myer Holdings'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.
Myer Holdings Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where Myer Holdings'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.
Myer Holdings (ASX:MYR) has a Net Margin % of 2.31% as of Jan. 2026. Net margin is the ratio of total net income to net sales. View historical data on Myer Holdings and its competitors. This is 74% above median its historical median of 1.33. According to the industry distribution chart, Myer Holdings ranks #953 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 84.5%.
Is Myer Holdings' Net Margin % too high?
Myer Holdings' current Net Margin % of 2.31% is 74% above median its 10-year median of 1.33. The Retail - Cyclical industry median Net Margin % is 2.33. Myer Holdings' value of 2.31% is 0.9% below this industry median. Based on the distribution chart, Myer Holdings ranks #953 out of 1128 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Myer Holdings has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' Net Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #953 out of 1128 companies for Net Margin %. This places Myer Holdings in the lower half of its industry. The industry median Net Margin % is 2.33. Myer Holdings' value of 2.31% is 0.9% below this benchmark. While the company's 10-year median is 1.33 vs. the industry median of 2.33, Myer Holdings has consistently been below 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 Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.33, based on 1,128 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. Myer Holdings's current Net Margin % of 2.31% is 0.9% below 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 Myer Holdings and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current Net Margin % is 2.31%, which is 74% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Myer Holdings (ASX:MYR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.49, compared to a current price of A$0.31 — trading 36.7% below its estimated fair value. The current Net Margin % is 2.31%, which is 74% above median its 10-year median of 1.33 and 0.9% below the Retail - Cyclical industry median of 2.33. Myer Holdings' overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Myer Holdings (ASX:MYR), the current Net Margin % is 2.31% as of Jan. 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.
Is Myer Holdings (ASX:MYR) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of A$0.31 is trading 36.7% below its estimated GF Value™ of A$0.49.
GuruFocus considers Myer Holdings to be Possible Value Trap.
Key valuation signals for ASX:MYR:
Net Margin %: 2.31% (74% above median its 10-year median of 1.33)
GF Value™: A$0.49 vs. price of A$0.31 (36.7% below fair value)
Industry Position: 0.9% below the Retail - Cyclical median (#953 of 1128)
No single metric tells the full story. See the ASX:MYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
42GF Score
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