Nick ScaliASX:NCK +0.57%90 Net Margin % is 15.22% as of Dec. 2025, which is 6% below its 10-year median of 16.19. GuruFocus rates ASX:NCK with a GF Score™ of 90/100 and a GF Value™ of A$16.45 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Nick Scali ranks better than 92.11% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Nick Scali's Net Income for the
six
months ended in Dec. 2025 was A$41.0 Mil. Nick Scali's Revenue for the
six
months ended in Dec. 2025 was A$269.3 Mil. Therefore, Nick Scali's net margin for the quarter that ended in Dec. 2025 was 15.22%.
The historical rank and industry rank for Nick Scali's Net Margin % or its related term are showing as below:
ASX:NCK'
s Net Margin % Range Over the Past 10 Years
Min: 11.65 Med: 16.19 Max: 22.58
Current: 13.36
ASX:NCK's Net Margin % is ranked better than 92.11% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.33
vs ASX:NCK: 13.36
Nick Scali (ASX:NCK) 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.
Nick Scali Net Margin % Related Terms
Nick Scali Net Margin % Historical Data
* Premium members only.
The historical data trend for Nick Scali'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:NCK vs CASY, WSM, ULTA: Net Margin % Comparison
For the Specialty Retail subindustry, Nick Scali'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.
Nick Scali Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Nick Scali's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nick Scali'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.
Nick Scali (ASX:NCK) has a Net Margin % of 15.22% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Nick Scali and its competitors. This is near median its historical median of 16.19. Over the past decade, Nick Scali's Net Margin % has ranged from 11.65 to 22.58. According to the industry distribution chart, Nick Scali ranks #89 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 7.9%.
Is Nick Scali's Net Margin % too high?
Nick Scali's current Net Margin % of 15.22% is near median its 10-year median of 16.19. Over the past 10 years, this metric has ranged from a low of 11.65 to a high of 22.58. The Retail - Cyclical industry median Net Margin % is 2.33. Nick Scali's value of 15.22% is 553.2% above this industry median. Based on the distribution chart, Nick Scali ranks #89 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Nick Scali has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nick Scali's Net Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nick Scali ranks #89 out of 1128 companies for Net Margin %. This places Nick Scali in the top 8% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.33. Nick Scali's value of 15.22% is 553.2% above this benchmark. Historically, Nick Scali's own Net Margin % has ranged from 11.65 to 22.58 over the past decade. While the company's 10-year median is 16.19 vs. the industry median of 2.33, Nick Scali 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 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. Nick Scali's current Net Margin % of 15.22% is 553.2% 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 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 Nick Scali 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. Nick Scali's current Net Margin % is 15.22%, which is near median its own 10-year median of 16.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nick Scali stock overvalued right now?
Based on GuruFocus' analysis, Nick Scali (ASX:NCK) is currently considered Fairly Valued. The stock's GF Value™ is A$16.45, compared to a current price of A$15.99 — trading 2.8% below its estimated fair value. The current Net Margin % is 15.22%, which is near median its 10-year median of 16.19 and 553.2% above the Retail - Cyclical industry median of 2.33. Nick Scali's overall GF Score™ is 90/100 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 Nick Scali (ASX:NCK), the current Net Margin % is 15.22% 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 Nick Scali (ASX:NCK) Overvalued in 2026?
Based on GuruFocus' analysis, Nick Scali stock appears to be undervalued.
The current stock price of A$15.99 is trading 2.8% below its estimated GF Value™ of A$16.45.
GuruFocus considers Nick Scali to be Fairly Valued.
Key valuation signals for ASX:NCK:
Net Margin %: 15.22% (near median its 10-year median of 16.19)
GF Value™: A$16.45 vs. price of A$15.99 (2.8% below fair value)
Industry Position: 553.2% above the Retail - Cyclical median (#89 of 1128)
No single metric tells the full story. See the ASX:NCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nick Scali Ltd engages in the sourcing and retailing of household furniture and related accessories in Australia and New Zealand. It offers products of Sofas & Armchairs, Living Room, Dining Room, Bedroom, and Rugs & Accessories. The Company has two reportable segments, being the retailing of furniture in Australia and New Zealand, as well as the United Kingdom.
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