DiscoveryFRA:D3H +0.67%84 Net Margin % is 11.18% as of Dec. 2025, which is 26% above its 10-year median of 8.85. GuruFocus rates FRA:D3H with a GF Score™ of 84/100 and a GF Value™ of €13.79. The stock has 5 warning signs investors should review. Among 501 Insurance companies, Discovery ranks worse than 50.3% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Discovery's Net Income for the
six
months ended in Dec. 2025 was €292 Mil. Discovery's Revenue for the
six
months ended in Dec. 2025 was €2,614 Mil. Therefore, Discovery's net margin for the quarter that ended in Dec. 2025 was 11.18%.
The historical rank and industry rank for Discovery's Net Margin % or its related term are showing as below:
FRA:D3H'
s Net Margin % Range Over the Past 10 Years
Min: 0.28 Med: 8.85 Max: 11.78
Current: 9.26
FRA:D3H's Net Margin % is ranked worse than 50.3% of 501
companies
in the Insurance industry
Industry Median: 9.29
vs FRA:D3H: 9.26
Discovery (FRA:D3H) 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.
Discovery Net Margin % Related Terms
Discovery Net Margin % Historical Data
* Premium members only.
The historical data trend for Discovery'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 Insurance - Life subindustry, Discovery'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.
Discovery Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Discovery's Net Margin % distribution charts can be found below:
* The bar in red indicates where Discovery'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.
Discovery (FRA:D3H) has a Net Margin % of 11.18% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Discovery and its competitors. This is 26% above median its historical median of 8.85. Over the past decade, Discovery's Net Margin % has ranged from 0.28 to 11.78. According to the industry distribution chart, Discovery ranks #252 out of 501 companies in the Insurance industry, placing it in the top 50.3%.
Is Discovery's Net Margin % too high?
Discovery's current Net Margin % of 11.18% is 26% above median its 10-year median of 8.85. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 11.78. The Insurance industry median Net Margin % is 9.29. Discovery's value of 11.18% is 20.3% above this industry median. Based on the distribution chart, Discovery ranks #252 out of 501 companies in the Insurance industry, which is below the industry midpoint. Overall, Discovery has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Discovery's Net Margin % compare to AFL and MET?
According to the Insurance industry distribution chart, Discovery ranks #252 out of 501 companies for Net Margin %. This places Discovery in the lower half of its industry. The industry median Net Margin % is 9.29. Discovery's value of 11.18% is 20.3% above this benchmark. Historically, Discovery's own Net Margin % has ranged from 0.28 to 11.78 over the past decade. While the company's 10-year median is 8.85 vs. the industry median of 9.29, Discovery 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 an Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 501 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. Discovery's current Net Margin % of 11.18% is 20.3% 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 Discovery and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Discovery's current Net Margin % is 11.18%, which is 26% above median its own 10-year median of 8.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery stock overvalued right now?
Discovery (FRA:D3H) has a current Net Margin % of 11.18%. The stock's GF Value™ is €13.79, compared to a current price of €15.10 — trading 9.5% above its estimated fair value. The current Net Margin % is 11.18%, which is 26% above median its 10-year median of 8.85 and 20.3% above the Insurance industry median of 9.29. Discovery's overall GF Score™ is 84/100 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 Discovery (FRA:D3H), the current Net Margin % is 11.18% 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 Discovery (FRA:D3H) Overvalued in 2026?
Based on GuruFocus' analysis, Discovery stock appears to be overvalued.
The current stock price of €15.10 is trading 9.5% above its estimated GF Value™ of €13.79.
Key valuation signals for FRA:D3H:
Net Margin %: 11.18% (26% above median its 10-year median of 8.85)
GF Value™: €13.79 vs. price of €15.10 (9.5% above fair value)
Industry Position: 20.3% above the Insurance median (#252 of 501)
No single metric tells the full story. See the FRA:D3H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Discovery Ltd is a financial services organization. It operates in the healthcare, life insurance, short-term insurance, long-term savings, banking and wellness markets. It specializes in health insurance, life assurance, wellness, investments and savings, short-term insurance, and banking. The company generates revenue through its insurance and financial services, with primary markets in South Africa and the UK, and presence in Canada, the USA, Singapore, Australia, and China.
84GF Score
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