DSV ASFRA:DS81 +1.13%87 Net Margin % is 2.31% as of Mar. 2026, which is 49% below its 10-year median of 4.52. GuruFocus rates FRA:DS81 with a GF Score™ of 87/100 and a GF Value™ of €255.31 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,008 Transportation companies, DSV AS ranks worse than 65.58% on this metric.
Net margin is calculated as Net Income divided by its Revenue. DSV AS's Net Income for the
three
months ended in Mar. 2026 was €217 Mil. DSV AS's Revenue for the
three
months ended in Mar. 2026 was €9,421 Mil. Therefore, DSV AS's net margin for the quarter that ended in Mar. 2026 was 2.31%.
The historical rank and industry rank for DSV AS's Net Margin % or its related term are showing as below:
FRA:DS81'
s Net Margin % Range Over the Past 10 Years
Min: 2.46 Med: 4.52 Max: 8.17
Current: 2.51
FRA:DS81's Net Margin % is ranked worse than 65.58% of 1008
companies
in the Transportation industry
Industry Median: 4.98
vs FRA:DS81: 2.51
DSV AS (FRA:DS81) 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.
DSV AS Net Margin % Related Terms
DSV AS Net Margin % Historical Data
* Premium members only.
The historical data trend for DSV AS'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:DS81 vs FDX, UPS, JBHT: Net Margin % Comparison
For the Integrated Freight & Logistics subindustry, DSV AS'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.
DSV AS Net Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, DSV AS's Net Margin % distribution charts can be found below:
* The bar in red indicates where DSV AS'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.
DSV AS (FRA:DS81) has a Net Margin % of 2.31% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on DSV AS and its competitors. This is 49% below median its historical median of 4.52. Over the past decade, DSV AS's Net Margin % has ranged from 2.46 to 8.17. According to the industry distribution chart, DSV AS ranks #661 out of 1008 companies in the Transportation industry, placing it in the top 65.6%.
Is DSV AS's Net Margin % too high?
DSV AS's current Net Margin % of 2.31% is 49% below median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 8.17. The Transportation industry median Net Margin % is 4.98. DSV AS's value of 2.31% is 53.6% below this industry median. Based on the distribution chart, DSV AS ranks #661 out of 1008 companies in the Transportation industry, which is below the industry midpoint. Overall, DSV AS has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DSV AS's Net Margin % compare to FDX and UPS?
According to the Transportation industry distribution chart, DSV AS ranks #661 out of 1008 companies for Net Margin %. This places DSV AS in the lower half of its industry. The industry median Net Margin % is 4.98. DSV AS's value of 2.31% is 53.6% below this benchmark. Historically, DSV AS's own Net Margin % has ranged from 2.46 to 8.17 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 4.98, DSV AS has consistently been below 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 Transportation company?
The median Net Margin % among Transportation companies is 4.98, based on 1,008 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. DSV AS's current Net Margin % of 2.31% is 53.6% below 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 DSV AS and its competitors. For the Transportation industry, the median Net Margin % is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DSV AS's current Net Margin % is 2.31%, which is 49% below median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSV AS stock overvalued right now?
Based on GuruFocus' analysis, DSV AS (FRA:DS81) is currently considered Modestly Undervalued. The stock's GF Value™ is €255.31, compared to a current price of €206.70 — trading 19% below its estimated fair value. The current Net Margin % is 2.31%, which is 49% below median its 10-year median of 4.52 and 53.6% below the Transportation industry median of 4.98. DSV AS's overall GF Score™ is 87/100 with 4 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 DSV AS (FRA:DS81), the current Net Margin % is 2.31% 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 DSV AS (FRA:DS81) Overvalued in 2026?
Based on GuruFocus' analysis, DSV AS stock appears to be undervalued.
The current stock price of €206.70 is trading 19% below its estimated GF Value™ of €255.31.
GuruFocus considers DSV AS to be Modestly Undervalued.
Key valuation signals for FRA:DS81:
Net Margin %: 2.31% (49% below median its 10-year median of 4.52)
GF Value™: €255.31 vs. price of €206.70 (19% below fair value)
Industry Position: 53.6% below the Transportation median (#661 of 1008)
No single metric tells the full story. See the FRA:DS81 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, and sea, with the bulk of its activities coming from airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has experienced rapid growth, primarily through strategic acquisitions. Its most recent acquisition, DB Schenker, occurred in the second quarter of 2025, making DSV the largest sea freight forwarder.
87GF Score
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