Victoria's SecretFRA:8FR +1.99%64 Net Margin % is 3.08% as of Apr. 2026, which is 20% above its 10-year median of 2.56. GuruFocus rates FRA:8FR with a GF Score™ of 64/100 and a GF Value™ of €21.04 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Victoria's Secret ranks better than 56.12% on this metric.
The historical rank and industry rank for Victoria's Secret's Net Margin % or its related term are showing as below:
FRA:8FR'
s Net Margin % Range Over the Past 10 Years
Min: -11.95 Med: 2.56 Max: 9.52
Current: 3.12
FRA:8FR's Net Margin % is ranked better than 56.12% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.33
vs FRA:8FR: 3.12
Victoria's Secret (FRA:8FR) 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.
Victoria's Secret Net Margin % Related Terms
Victoria's Secret Net Margin % Historical Data
* Premium members only.
The historical data trend for Victoria's Secret'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:8FR vs BOOT, ANF, AEO: Net Margin % Comparison
For the Apparel Retail subindustry, Victoria's Secret'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.
Victoria's Secret Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Victoria's Secret's Net Margin % distribution charts can be found below:
* The bar in red indicates where Victoria's Secret'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.
Victoria's Secret (FRA:8FR) has a Net Margin % of 3.08% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Victoria's Secret and its competitors. This is 20% above median its historical median of 2.56. According to the industry distribution chart, Victoria's Secret ranks #495 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 43.9%.
Is Victoria's Secret's Net Margin % too high?
Victoria's Secret's current Net Margin % of 3.08% is 20% above median its 10-year median of 2.56. The Retail - Cyclical industry median Net Margin % is 2.33. Victoria's Secret's value of 3.08% is 32.2% above this industry median. Based on the distribution chart, Victoria's Secret ranks #495 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Victoria's Secret has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Victoria's Secret's Net Margin % compare to BOOT and ANF?
According to the Retail - Cyclical industry distribution chart, Victoria's Secret ranks #495 out of 1128 companies for Net Margin %. This puts Victoria's Secret in the upper half of its industry. The industry median Net Margin % is 2.33. Victoria's Secret's value of 3.08% is 32.2% above this benchmark. While the company's 10-year median is 2.56 vs. the industry median of 2.33, Victoria's Secret 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. Victoria's Secret's current Net Margin % of 3.08% is 32.2% 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 Victoria's Secret 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. Victoria's Secret's current Net Margin % is 3.08%, which is 20% above median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victoria's Secret stock overvalued right now?
Based on GuruFocus' analysis, Victoria's Secret (FRA:8FR) is currently considered Significantly Overvalued. The stock's GF Value™ is €21.04, compared to a current price of €70.60 — trading 235.6% above its estimated fair value. The current Net Margin % is 3.08%, which is 20% above median its 10-year median of 2.56 and 32.2% above the Retail - Cyclical industry median of 2.33. Victoria's Secret's overall GF Score™ is 64/100 with 6 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 Victoria's Secret (FRA:8FR), the current Net Margin % is 3.08% as of Apr. 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 Victoria's Secret (FRA:8FR) Overvalued in 2026?
Based on GuruFocus' analysis, Victoria's Secret stock appears to be overvalued.
The current stock price of €70.60 is trading 235.6% above its estimated GF Value™ of €21.04.
GuruFocus considers Victoria's Secret to be Significantly Overvalued.
Key valuation signals for FRA:8FR:
Net Margin %: 3.08% (20% above median its 10-year median of 2.56)
GF Value™: €21.04 vs. price of €70.60 (235.6% above fair value)
Industry Position: 32.2% above the Retail - Cyclical median (#495 of 1128)
No single metric tells the full story. See the FRA:8FR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Victoria's Secret & Co is a retailer of women's intimate and other apparel and beauty products marketed under the Victoria's Secret, PINK, and Adore Me brand names. It also includes the merchandise sourcing and production function serving the Company and its international partners. The Company operates as a single segment designed to serve customers seamlessly through stores and online channels. The Company also includes the merchandise sourcing and production function serving the Company and its international partners.
64GF Score
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