Mapletree Industrial Trust (FRA:M2L) Net Margin %: -39.87% (As of Mar. 2026)

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FRA:M2L Mapletree Industrial Trust FRA:M2L
71 GF Score
Price €1.28
GF Value €1.37
Valuation Fairly Valued
! 7 Warning Signs
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What is Mapletree Industrial Trust Net Margin %?

Mapletree Industrial Trust FRA:M2L +1.59% 71 Net Margin % is -39.87% as of Mar. 2026. GuruFocus rates FRA:M2L with a GF Score™ of 71/100 and a GF Value™ of €1.37 (Fairly Valued). The stock has 7 warning signs investors should review. Among 930 REITs companies, Mapletree Industrial Trust ranks worse than 60.86% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Mapletree Industrial Trust's Net Income for the three months ended in Mar. 2026 was €-42.2 Mil. Mapletree Industrial Trust's Revenue for the three months ended in Mar. 2026 was €105.8 Mil. Therefore, Mapletree Industrial Trust's net margin for the quarter that ended in Mar. 2026 was -39.87%.

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

FRA:M2L' s Net Margin % Range Over the Past 10 Years
Min: 18.24   Med: 64.04   Max: 96.84
Current: 34.39


FRA:M2L's Net Margin % is ranked worse than
60.86% of 930 companies
in the REITs industry
Industry Median: 45.63 vs FRA:M2L: 34.39

Mapletree Industrial Trust  (FRA:M2L) 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.


Mapletree Industrial Trust Net Margin % Related Terms


Mapletree Industrial Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for Mapletree Industrial Trust'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.

Mapletree Industrial Trust Net Margin % Chart

Mapletree Industrial Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.32 47.63 18.24 50.68 34.39

Mapletree Industrial Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 31.61 60.08 55.70 58.85 -39.87

FRA:M2L vs PLD, PSA, EXR: Net Margin % Comparison

For the REIT - Industrial subindustry, Mapletree Industrial Trust'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.


Mapletree Industrial Trust Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Mapletree Industrial Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mapletree Industrial Trust's Net Margin % falls into.


FRA:M2L
71GF Score
Mapletree Industrial Trust FRA:M2L
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mapletree Industrial Trust 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.

Mapletree Industrial Trust's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=149.66/435.239
=34.39 %

Mapletree Industrial Trust'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 )
=-42.168/105.769
=-39.87 %

* 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 -39.87% mean?
Mapletree Industrial Trust (FRA:M2L) has a Net Margin % of -39.87% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mapletree Industrial Trust and its competitors. Over the past decade, Mapletree Industrial Trust's Net Margin % has ranged from 18.24 to 96.84. According to the industry distribution chart, Mapletree Industrial Trust ranks #566 out of 930 companies in the REITs industry, placing it in the top 60.9%.
Is Mapletree Industrial Trust's Net Margin % too high?
Mapletree Industrial Trust's current Net Margin % is -39.87%. Over the past 10 years, this metric has ranged from a low of 18.24 to a high of 96.84. Based on the distribution chart, Mapletree Industrial Trust ranks #566 out of 930 companies in the REITs industry, which is below the industry midpoint. Overall, Mapletree Industrial Trust has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mapletree Industrial Trust's Net Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Mapletree Industrial Trust ranks #566 out of 930 companies for Net Margin %. This places Mapletree Industrial Trust in the lower half of its industry. The industry median Net Margin % is 45.63. Historically, Mapletree Industrial Trust's own Net Margin % has ranged from 18.24 to 96.84 over the past decade. 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 REITs company?
The median Net Margin % among REITs companies is 45.63, based on 930 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. 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 Mapletree Industrial Trust and its competitors. For the REITs industry, the median Net Margin % is 45.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mapletree Industrial Trust's current Net Margin % is -39.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Industrial Trust stock overvalued right now?
Based on GuruFocus' analysis, Mapletree Industrial Trust (FRA:M2L) is currently considered Fairly Valued. The stock's GF Value™ is €1.37, compared to a current price of €1.28 — trading 6.8% below its estimated fair value. The current Net Margin % is -39.87%. Mapletree Industrial Trust's overall GF Score™ is 71/100 with 7 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 Mapletree Industrial Trust (FRA:M2L), the current Net Margin % is -39.87% 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 Mapletree Industrial Trust (FRA:M2L) Overvalued in 2026?

Based on GuruFocus' analysis, Mapletree Industrial Trust stock appears to be undervalued. The current stock price of €1.28 is trading 6.8% below its estimated GF Value™ of €1.37. GuruFocus considers Mapletree Industrial Trust to be Fairly Valued.

Key valuation signals for FRA:M2L:

  • Net Margin %: -39.87%
  • GF Value™: €1.37 vs. price of €1.28 (6.8% below fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the FRA:M2L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mapletree Industrial Trust Business Description

Industry Real EstateREITs
Other Exchanges MAPIF:USAME8U:Singapore
Address 10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focused on industrial properties and data centers. Its property portfolio consists of 136 properties in Singapore, North America, and Japan. Types of property owned include data centers, high-tech buildings, business parks, and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.
71GF Score

Get the complete analysis for FRA:M2L

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

€1.28
Price
€1.37
GF Value