The RealRealFRA:6RR +4.04%58 Net Margin % is 20.52% as of Mar. 2026. GuruFocus rates FRA:6RR with a GF Score™ of 58/100 and a GF Value™ of €4.38 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,128 Retail - Cyclical companies, The RealReal ranks worse than 88.39% on this metric.
Net margin is calculated as Net Income divided by its Revenue. The RealReal's Net Income for the
three
months ended in Mar. 2026 was €33.7 Mil. The RealReal's Revenue for the
three
months ended in Mar. 2026 was €164.1 Mil. Therefore, The RealReal's net margin for the quarter that ended in Mar. 2026 was 20.52%.
The historical rank and industry rank for The RealReal's Net Margin % or its related term are showing as below:
FRA:6RR'
s Net Margin % Range Over the Past 10 Years
Min: -58.62 Med: -32.55 Max: -6.03
Current: -9.03
FRA:6RR's Net Margin % is ranked worse than 88.39% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.33
vs FRA:6RR: -9.03
The RealReal (FRA:6RR) 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.
The RealReal Net Margin % Related Terms
The RealReal Net Margin % Historical Data
* Premium members only.
The historical data trend for The RealReal'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.
FRA:6RR vs MOV, ELA, CPRI: Net Margin % Comparison
For the Luxury Goods subindustry, The RealReal'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.
The RealReal Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, The RealReal's Net Margin % distribution charts can be found below:
* The bar in red indicates where The RealReal'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.
The RealReal (FRA:6RR) has a Net Margin % of 20.52% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on The RealReal and its competitors. According to the industry distribution chart, The RealReal ranks #997 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 88.4%.
Is The RealReal's Net Margin % too high?
The RealReal's current Net Margin % is 20.52%. The Retail - Cyclical industry median Net Margin % is 2.33. The RealReal's value of 20.52% is 780.7% above this industry median. Based on the distribution chart, The RealReal ranks #997 out of 1128 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, The RealReal has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The RealReal's Net Margin % compare to MOV and ELA?
According to the Retail - Cyclical industry distribution chart, The RealReal ranks #997 out of 1128 companies for Net Margin %. This places The RealReal in the lower half of its industry. The industry median Net Margin % is 2.33. The RealReal's value of 20.52% is 780.7% above this benchmark. 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. The RealReal's current Net Margin % of 20.52% is 780.7% 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 The RealReal 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. The RealReal's current Net Margin % is 20.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The RealReal stock overvalued right now?
Based on GuruFocus' analysis, The RealReal (FRA:6RR) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.38, compared to a current price of €11.08 — trading 153% above its estimated fair value. The current Net Margin % is 20.52% and 780.7% above the Retail - Cyclical industry median of 2.33. The RealReal's overall GF Score™ is 58/100 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 The RealReal (FRA:6RR), the current Net Margin % is 20.52% 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 The RealReal (FRA:6RR) Overvalued in 2026?
Based on GuruFocus' analysis, The RealReal stock appears to be overvalued.
The current stock price of €11.08 is trading 153% above its estimated GF Value™ of €4.38.
GuruFocus considers The RealReal to be Significantly Overvalued.
Key valuation signals for FRA:6RR:
Net Margin %: 20.52%
GF Value™: €4.38 vs. price of €11.08 (153% above fair value)
Industry Position: 780.7% above the Retail - Cyclical median (#997 of 1128)
No single metric tells the full story. See the FRA:6RR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The RealReal Inc is an online marketplace for authenticated, resale luxury goods, providing an end-to-end service that unlocks supply and creates a trusted, curated marketplace for buyers globally. Since its inception, the company has cultivated a loyal and engaged consignor and buyer base through continuous investment in its technology platform, logistics infrastructure, brand and people. It offers a wide selection of authenticated, mainly pre-owned luxury goods bearing the brands of thousands of luxury and premium designers, including Cartier, Chanel, Christian Dior, Gucci, Hermes, Louis Vuitton and Rolex. The company offers products across women's fashion, men's fashion, jewelry, and watches, promoting the recirculation of luxury goods and contributing to a more sustainable world.
58GF Score
Get the complete analysis for FRA:6RR
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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