McMillan ShakespeareFRA:NMN +3.48%75 Net Margin % is 17.23% as of Dec. 2025, which is 20% above its 10-year median of 14.37. GuruFocus rates FRA:NMN with a GF Score™ of 75/100 and a GF Value™ of €15.08 (Modestly Undervalued). The stock has 13 warning signs investors should review. Among 1,074 Business Services companies, McMillan Shakespeare ranks better than 91.62% on this metric.
The historical rank and industry rank for McMillan Shakespeare's Net Margin % or its related term are showing as below:
FRA:NMN'
s Net Margin % Range Over the Past 10 Years
Min: 0.31 Med: 14.37 Max: 21.89
Current: 21.74
FRA:NMN's Net Margin % is ranked better than 91.62% of 1074
companies
in the Business Services industry
Industry Median: 3.82
vs FRA:NMN: 21.74
McMillan Shakespeare (FRA:NMN) 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.
McMillan Shakespeare Net Margin % Related Terms
McMillan Shakespeare Net Margin % Historical Data
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The historical data trend for McMillan Shakespeare'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:NMN vs KFY, RHI, TNET: Net Margin % Comparison
For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.
McMillan Shakespeare Net Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, McMillan Shakespeare's Net Margin % distribution charts can be found below:
* The bar in red indicates where McMillan Shakespeare'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.
McMillan Shakespeare (FRA:NMN) has a Net Margin % of 17.23% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on McMillan Shakespeare and its competitors. This is 20% above median its historical median of 14.37. Over the past decade, McMillan Shakespeare's Net Margin % has ranged from 0.31 to 21.89. According to the industry distribution chart, McMillan Shakespeare ranks #90 out of 1074 companies in the Business Services industry, placing it in the top 8.4%.
Is McMillan Shakespeare's Net Margin % too high?
McMillan Shakespeare's current Net Margin % of 17.23% is 20% above median its 10-year median of 14.37. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 21.89. The Business Services industry median Net Margin % is 3.82. McMillan Shakespeare's value of 17.23% is 351% above this industry median. Based on the distribution chart, McMillan Shakespeare ranks #90 out of 1074 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, McMillan Shakespeare has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McMillan Shakespeare's Net Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, McMillan Shakespeare ranks #90 out of 1074 companies for Net Margin %. This places McMillan Shakespeare in the top 8% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.82. McMillan Shakespeare's value of 17.23% is 351% above this benchmark. Historically, McMillan Shakespeare's own Net Margin % has ranged from 0.31 to 21.89 over the past decade. While the company's 10-year median is 14.37 vs. the industry median of 3.82, McMillan Shakespeare 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 Business Services company?
The median Net Margin % among Business Services companies is 3.82, based on 1,074 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. McMillan Shakespeare's current Net Margin % of 17.23% is 351% 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 McMillan Shakespeare and its competitors. For the Business Services industry, the median Net Margin % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McMillan Shakespeare's current Net Margin % is 17.23%, which is 20% above median its own 10-year median of 14.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McMillan Shakespeare stock overvalued right now?
Based on GuruFocus' analysis, McMillan Shakespeare (FRA:NMN) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.08, compared to a current price of €11.90 — trading 21.1% below its estimated fair value. The current Net Margin % is 17.23%, which is 20% above median its 10-year median of 14.37 and 351% above the Business Services industry median of 3.82. McMillan Shakespeare's overall GF Score™ is 75/100 with 13 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 McMillan Shakespeare (FRA:NMN), the current Net Margin % is 17.23% 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 McMillan Shakespeare (FRA:NMN) Overvalued in 2026?
Based on GuruFocus' analysis, McMillan Shakespeare stock appears to be undervalued.
The current stock price of €11.90 is trading 21.1% below its estimated GF Value™ of €15.08.
GuruFocus considers McMillan Shakespeare to be Modestly Undervalued.
Key valuation signals for FRA:NMN:
Net Margin %: 17.23% (20% above median its 10-year median of 14.37)
GF Value™: €15.08 vs. price of €11.90 (21.1% below fair value)
Industry Position: 351% above the Business Services median (#90 of 1074)
No single metric tells the full story. See the FRA:NMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
75GF Score
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