DeFi TechnologiesFRA:R9B -5.69%49 Net Margin % is 273.99% as of Mar. 2026, which is 622% above its 10-year median of 37.96. GuruFocus rates FRA:R9B with a GF Score™ of 49/100 and a GF Value™ of €0.40 (Fairly Valued). The stock has 9 warning signs investors should review. Among 774 Capital Markets companies, DeFi Technologies ranks better than 92.64% on this metric.
The historical rank and industry rank for DeFi Technologies's Net Margin % or its related term are showing as below:
FRA:R9B'
s Net Margin % Range Over the Past 10 Years
Min: -691.41 Med: 37.96 Max: 181.17
Current: 78.73
FRA:R9B's Net Margin % is ranked better than 92.64% of 774
companies
in the Capital Markets industry
Industry Median: 14.305
vs FRA:R9B: 78.73
DeFi Technologies (FRA:R9B) 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.
DeFi Technologies Net Margin % Related Terms
DeFi Technologies Net Margin % Historical Data
* Premium members only.
The historical data trend for DeFi Technologies'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.
For the Capital Markets subindustry, DeFi Technologies'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.
DeFi Technologies Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, DeFi Technologies's Net Margin % distribution charts can be found below:
* The bar in red indicates where DeFi Technologies'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.
DeFi Technologies (FRA:R9B) has a Net Margin % of 273.99% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on DeFi Technologies and its competitors. This is 622% above median its historical median of 37.96. According to the industry distribution chart, DeFi Technologies ranks #57 out of 774 companies in the Capital Markets industry, placing it in the top 7.4%.
Is DeFi Technologies' Net Margin % too high?
DeFi Technologies' current Net Margin % of 273.99% is 622% above median its 10-year median of 37.96. The Capital Markets industry median Net Margin % is 14.31. DeFi Technologies' value of 273.99% is 1815.3% above this industry median. Based on the distribution chart, DeFi Technologies ranks #57 out of 774 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, DeFi Technologies has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DeFi Technologies' Net Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, DeFi Technologies ranks #57 out of 774 companies for Net Margin %. This places DeFi Technologies in the top 7% of its industry — outperforming the majority of peers. The industry median Net Margin % is 14.31. DeFi Technologies' value of 273.99% is 1815.3% above this benchmark. While the company's 10-year median is 37.96 vs. the industry median of 14.31, DeFi Technologies 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 Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.31, based on 774 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. DeFi Technologies's current Net Margin % of 273.99% is 1815.3% 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 DeFi Technologies and its competitors. For the Capital Markets industry, the median Net Margin % is 14.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DeFi Technologies's current Net Margin % is 273.99%, which is 622% above median its own 10-year median of 37.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeFi Technologies stock overvalued right now?
Based on GuruFocus' analysis, DeFi Technologies (FRA:R9B) is currently considered Fairly Valued. The stock's GF Value™ is €0.40, compared to a current price of €0.42 — trading 5.3% above its estimated fair value. The current Net Margin % is 273.99%, which is 622% above median its 10-year median of 37.96 and 1815.3% above the Capital Markets industry median of 14.31. DeFi Technologies' overall GF Score™ is 49/100 with 9 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 DeFi Technologies (FRA:R9B), the current Net Margin % is 273.99% 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 DeFi Technologies (FRA:R9B) Overvalued in 2026?
Based on GuruFocus' analysis, DeFi Technologies stock appears to be overvalued.
The current stock price of €0.42 is trading 5.3% above its estimated GF Value™ of €0.40.
GuruFocus considers DeFi Technologies to be Fairly Valued.
Key valuation signals for FRA:R9B:
Net Margin %: 273.99% (622% above median its 10-year median of 37.96)
GF Value™: €0.40 vs. price of €0.42 (5.3% above fair value)
Industry Position: 1815.3% above the Capital Markets median (#57 of 774)
No single metric tells the full story. See the FRA:R9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DeFi Technologies Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets, providing premium membership for research reports to investors and offering node management of decentralized protocols to support governance, security and transaction validation.
49GF Score
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