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Sao MartinhoBSP:SMTO3 -3.66%83 Net Margin % is 7.70% as of Mar. 2026, which is 48% below its 10-year median of 14.82. GuruFocus rates BSP:SMTO3 with a GF Score™ of 83/100 and a GF Value™ of R$25.49 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,579 Chemicals companies, Sao Martinho ranks better than 79.92% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Sao Martinho's Net Income for the
three
months ended in Mar. 2026 was R$173 Mil. Sao Martinho's Revenue for the
three
months ended in Mar. 2026 was R$2,244 Mil. Therefore, Sao Martinho's net margin for the quarter that ended in Mar. 2026 was 7.70%.
The historical rank and industry rank for Sao Martinho's Net Margin % or its related term are showing as below:
BSP:SMTO3'
s Net Margin % Range Over the Past 10 Years
Min: 7.77 Med: 14.82 Max: 25.89
Current: 11.25
BSP:SMTO3's Net Margin % is ranked better than 79.92% of 1579
companies
in the Chemicals industry
Industry Median: 3.92
vs BSP:SMTO3: 11.25
Sao Martinho (BSP:SMTO3) 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.
Sao Martinho Net Margin % Related Terms
Sao Martinho Net Margin % Historical Data
* Premium members only.
The historical data trend for Sao Martinho'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.
BSP:SMTO3 vs LIN, SHW, ECL: Net Margin % Comparison
For the Specialty Chemicals subindustry, Sao Martinho'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.
Sao Martinho Net Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sao Martinho's Net Margin % distribution charts can be found below:
* The bar in red indicates where Sao Martinho'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.
Sao Martinho (BSP:SMTO3) has a Net Margin % of 7.70% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Sao Martinho and its competitors. This is 48% below median its historical median of 14.82. Over the past decade, Sao Martinho's Net Margin % has ranged from 7.77 to 25.89. According to the industry distribution chart, Sao Martinho ranks #317 out of 1579 companies in the Chemicals industry, placing it in the top 20.1%.
Is Sao Martinho's Net Margin % too high?
Sao Martinho's current Net Margin % of 7.70% is 48% below median its 10-year median of 14.82. Over the past 10 years, this metric has ranged from a low of 7.77 to a high of 25.89. The Chemicals industry median Net Margin % is 3.92. Sao Martinho's value of 7.70% is 96.4% above this industry median. Based on the distribution chart, Sao Martinho ranks #317 out of 1579 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sao Martinho has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sao Martinho's Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sao Martinho ranks #317 out of 1579 companies for Net Margin %. This places Sao Martinho in the top 20% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.92. Sao Martinho's value of 7.70% is 96.4% above this benchmark. Historically, Sao Martinho's own Net Margin % has ranged from 7.77 to 25.89 over the past decade. While the company's 10-year median is 14.82 vs. the industry median of 3.92, Sao Martinho 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 Chemicals company?
The median Net Margin % among Chemicals companies is 3.92, based on 1,579 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. Sao Martinho's current Net Margin % of 7.70% is 96.4% 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 Sao Martinho and its competitors. For the Chemicals industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sao Martinho's current Net Margin % is 7.70%, which is 48% below median its own 10-year median of 14.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Martinho stock overvalued right now?
Based on GuruFocus' analysis, Sao Martinho (BSP:SMTO3) is currently considered Possible Value Trap. The stock's GF Value™ is R$25.49, compared to a current price of R$15.53 — trading 39.1% below its estimated fair value. The current Net Margin % is 7.70%, which is 48% below median its 10-year median of 14.82 and 96.4% above the Chemicals industry median of 3.92. Sao Martinho's overall GF Score™ is 83/100 with 8 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 Sao Martinho (BSP:SMTO3), the current Net Margin % is 7.70% as of Mar. 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 Sao Martinho (BSP:SMTO3) Overvalued in 2026?
Based on GuruFocus' analysis, Sao Martinho stock appears to be undervalued.
The current stock price of R$15.53 is trading 39.1% below its estimated GF Value™ of R$25.49.
GuruFocus considers Sao Martinho to be Possible Value Trap.
Key valuation signals for BSP:SMTO3:
Net Margin %: 7.70% (48% below median its 10-year median of 14.82)
GF Value™: R$25.49 vs. price of R$15.53 (39.1% below fair value)
Industry Position: 96.4% above the Chemicals median (#317 of 1579)
No single metric tells the full story. See the BSP:SMTO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.
83GF Score
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