MINISO Group Holding (FRA:MIF0) Net Margin %: 7.60% (As of Sep. 2025) — 344% Above Median


FRA:MIF0 MINISO Group Holding Ltd FRA:MIF0
72 GF Score
Price €2.40
GF Value €7.10
Valuation Significantly Undervalued
! 2 Warning Signs
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What is MINISO Group Holding Net Margin %?

MINISO Group Holding FRA:MIF0 -0.91% 72 Net Margin % is 7.60% as of Sep. 2025, which is 344% above its 10-year median of 1.71. GuruFocus rates FRA:MIF0 with a GF Score™ of 72/100 and a GF Value™ of €7.10 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,128 Retail - Cyclical companies, MINISO Group Holding ranks better than 88.12% on this metric.

Net margin is calculated as Net Income divided by its Revenue. MINISO Group Holding's Net Income for the three months ended in Sep. 2025 was €53 Mil. MINISO Group Holding's Revenue for the three months ended in Sep. 2025 was €693 Mil. Therefore, MINISO Group Holding's net margin for the quarter that ended in Sep. 2025 was 7.60%.

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

FRA:MIF0' s Net Margin % Range Over the Past 10 Years
Min: -15.6   Med: 1.71   Max: 15.42
Current: 10.79


FRA:MIF0's Net Margin % is ranked better than
88.12% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 2.33 vs FRA:MIF0: 10.79

MINISO Group Holding  (FRA:MIF0) 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.


MINISO Group Holding Net Margin % Related Terms


MINISO Group Holding Net Margin % Historical Data

* Premium members only.

The historical data trend for MINISO Group Holding'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.

MINISO Group Holding Net Margin % Chart

MINISO Group Holding Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Dec24
Net Margin %
Get a 7-Day Free Trial -2.92 -15.60 6.33 15.42 15.40

MINISO Group Holding Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 14.19 17.10 9.40 9.86 7.60

FRA:MIF0 vs BBWI, ASO, RH: Net Margin % Comparison

For the Specialty Retail subindustry, MINISO Group Holding'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.


MINISO Group Holding Net Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MINISO Group Holding's Net Margin % distribution charts can be found below:

* The bar in red indicates where MINISO Group Holding's Net Margin % falls into.


FRA:MIF0
72GF Score
MINISO Group Holding Ltd FRA:MIF0
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MINISO Group Holding 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.

MINISO Group Holding's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=343.342/2229.084
=15.40 %

MINISO Group Holding's Net Margin for the quarter that ended in Sep. 2025 is calculated as

Net Margin=Net Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=52.69/693.303
=7.60 %

* 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 7.60% mean?
MINISO Group Holding (FRA:MIF0) has a Net Margin % of 7.60% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on MINISO Group Holding and its competitors. This is 344% above median its historical median of 1.71. According to the industry distribution chart, MINISO Group Holding ranks #134 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 11.9%.
Is MINISO Group Holding's Net Margin % too high?
MINISO Group Holding's current Net Margin % of 7.60% is 344% above median its 10-year median of 1.71. The Retail - Cyclical industry median Net Margin % is 2.33. MINISO Group Holding's value of 7.60% is 226.2% above this industry median. Based on the distribution chart, MINISO Group Holding ranks #134 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, MINISO Group Holding has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MINISO Group Holding's Net Margin % compare to BBWI and ASO?
According to the Retail - Cyclical industry distribution chart, MINISO Group Holding ranks #134 out of 1128 companies for Net Margin %. This places MINISO Group Holding in the top 12% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.33. MINISO Group Holding's value of 7.60% is 226.2% above this benchmark. While the company's 10-year median is 1.71 vs. the industry median of 2.33, MINISO Group Holding 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. MINISO Group Holding's current Net Margin % of 7.60% is 226.2% 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 MINISO Group Holding 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. MINISO Group Holding's current Net Margin % is 7.60%, which is 344% above median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MINISO Group Holding stock overvalued right now?
Based on GuruFocus' analysis, MINISO Group Holding (FRA:MIF0) is currently considered Significantly Undervalued. The stock's GF Value™ is €7.10, compared to a current price of €2.40 — trading 66.2% below its estimated fair value. The current Net Margin % is 7.60%, which is 344% above median its 10-year median of 1.71 and 226.2% above the Retail - Cyclical industry median of 2.33. MINISO Group Holding's overall GF Score™ is 72/100 with 2 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 MINISO Group Holding (FRA:MIF0), the current Net Margin % is 7.60% as of Sep. 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 MINISO Group Holding (FRA:MIF0) Overvalued in 2026?

Based on GuruFocus' analysis, MINISO Group Holding stock appears to be undervalued. The current stock price of €2.40 is trading 66.2% below its estimated GF Value™ of €7.10. GuruFocus considers MINISO Group Holding to be Significantly Undervalued.

Key valuation signals for FRA:MIF0:

  • Net Margin %: 7.60% (344% above median its 10-year median of 1.71)
  • GF Value™: €7.10 vs. price of €2.40 (66.2% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 226.2% above the Retail - Cyclical median (#134 of 1128)

No single metric tells the full story. See the FRA:MIF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MINISO Group Holding Business Description

Address No. 109, Pazhou Avenue, 8th Floor, M Plaza, Haizhu District, Guangdong Province, Guangzhou, CHN, 510000
MINISO Group Holding Ltd is a value retailer offering a variety of trendy lifestyle products featuring IP design. The principal activity of the Company is investment holding. The company's product categories include home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment includes the MINISO brand -Chinese Mainland and MINISO brand-Overseas which is engaged in the Design, buying, and sale of lifestyle products, and the TOP TOY brand, which is engaged in the Design, buying, and sale of pop toys. The company generates maximum revenue from theMINISO brand -Chinese Mainland segment. Geographically, it derives a majority of its revenue from Chinese Mainland.
72GF Score

Get the complete analysis for FRA:MIF0

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

€2.40
Price
€7.10
GF Value