Future (FRA:FNWA) Net Margin %: 3.49% (As of Mar. 2026) — 63% Below Median


FRA:FNWA Future PLC FRA:FNWA
61 GF Score
Price €3.30
GF Value €9.11
Valuation Possible Value Trap
! 6 Warning Signs
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What is Future Net Margin %?

Future FRA:FNWA 61 Net Margin % is 3.49% as of Mar. 2026, which is 63% below its 10-year median of 9.36. GuruFocus rates FRA:FNWA with a GF Score™ of 61/100 and a GF Value™ of €9.11 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,024 Media - Diversified companies, Future ranks better than 66.8% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Future's Net Income for the six months ended in Mar. 2026 was €14.1 Mil. Future's Revenue for the six months ended in Mar. 2026 was €402.6 Mil. Therefore, Future's net margin for the quarter that ended in Mar. 2026 was 3.49%.

The historical rank and industry rank for Future's Net Margin % or its related term are showing as below:

FRA:FNWA' s Net Margin % Range Over the Past 10 Years
Min: -24.07   Med: 9.36   Max: 14.8
Current: 5.14


FRA:FNWA's Net Margin % is ranked better than
66.8% of 1024 companies
in the Media - Diversified industry
Industry Median: 1.225 vs FRA:FNWA: 5.14

Future  (FRA:FNWA) 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.


Future Net Margin % Related Terms


Future Net Margin % Historical Data

* Premium members only.

The historical data trend for Future'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.

Future Net Margin % Chart

Future Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.89 14.80 14.37 9.74 8.97

Future Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.61 10.86 11.10 6.74 3.49

FRA:FNWA vs NYT, WLY: Net Margin % Comparison

For the Publishing subindustry, Future'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.


Future Net Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Future's Net Margin % distribution charts can be found below:

* The bar in red indicates where Future's Net Margin % falls into.


FRA:FNWA
61GF Score
Future PLC FRA:FNWA
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Future Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Future's Net Margin for the fiscal year that ended in Sep. 2025 is calculated as

Net Margin=Net Income (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=76.335/851.079
=8.97 %

Future's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=14.071/402.629
=3.49 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 3.49% mean?
Future (FRA:FNWA) has a Net Margin % of 3.49% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Future and its competitors. This is 63% below median its historical median of 9.36. According to the industry distribution chart, Future ranks #340 out of 1024 companies in the Media - Diversified industry, placing it in the top 33.2%.
Is Future's Net Margin % too high?
Future's current Net Margin % of 3.49% is 63% below median its 10-year median of 9.36. The Media - Diversified industry median Net Margin % is 1.23. Future's value of 3.49% is 184.9% above this industry median. Based on the distribution chart, Future ranks #340 out of 1024 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Future has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future's Net Margin % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Future ranks #340 out of 1024 companies for Net Margin %. This puts Future in the upper half of its industry. The industry median Net Margin % is 1.23. Future's value of 3.49% is 184.9% above this benchmark. While the company's 10-year median is 9.36 vs. the industry median of 1.23, Future 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 Media - Diversified company?
The median Net Margin % among Media - Diversified companies is 1.23, based on 1,024 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. Future's current Net Margin % of 3.49% is 184.9% 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 Future and its competitors. For the Media - Diversified industry, the median Net Margin % is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current Net Margin % is 3.49%, which is 63% below median its own 10-year median of 9.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Based on GuruFocus' analysis, Future (FRA:FNWA) is currently considered Possible Value Trap. The stock's GF Value™ is €9.11, compared to a current price of €3.30 — trading 63.8% below its estimated fair value. The current Net Margin % is 3.49%, which is 63% below median its 10-year median of 9.36 and 184.9% above the Media - Diversified industry median of 1.23. Future's overall GF Score™ is 61/100 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 Future (FRA:FNWA), the current Net Margin % is 3.49% 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 Future (FRA:FNWA) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of €3.30 is trading 63.8% below its estimated GF Value™ of €9.11. GuruFocus considers Future to be Possible Value Trap.

Key valuation signals for FRA:FNWA:

  • Net Margin %: 3.49% (63% below median its 10-year median of 9.36)
  • GF Value™: €9.11 vs. price of €3.30 (63.8% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 184.9% above the Media - Diversified median (#340 of 1024)

No single metric tells the full story. See the FRA:FNWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Future Business Description

Other Exchanges FUTRl:UKFUTR:UK
Address Quay House, The Ambury, Bath, GBR, BA1 1UA
Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States.
61GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.30
Price
€9.11
GF Value