Gildan ActivewearFRA:VGA +1.79%88 Net Margin % is -5.64% as of Mar. 2026. GuruFocus rates FRA:VGA with a GF Score™ of 88/100 and a GF Value™ of €54.03 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, Gildan Activewear ranks better than 70.47% on this metric.
Gildan Activewear (FRA:VGA) 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.
Gildan Activewear Net Margin % Related Terms
Gildan Activewear Net Margin % Historical Data
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The historical data trend for Gildan Activewear'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 Apparel Manufacturing subindustry, Gildan Activewear'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.
Gildan Activewear Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Net Margin % distribution charts can be found below:
* The bar in red indicates where Gildan Activewear'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.
Gildan Activewear (FRA:VGA) has a Net Margin % of -5.64% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Gildan Activewear and its competitors. According to the industry distribution chart, Gildan Activewear ranks #308 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29.5%.
Is Gildan Activewear's Net Margin % too high?
Gildan Activewear's current Net Margin % is -5.64%. Based on the distribution chart, Gildan Activewear ranks #308 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Gildan Activewear has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gildan Activewear's Net Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gildan Activewear ranks #308 out of 1043 companies for Net Margin %. This puts Gildan Activewear in the upper half of its industry. The industry median Net Margin % is 2.60. 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 Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.60, based on 1,043 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 Gildan Activewear and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gildan Activewear's current Net Margin % is -5.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gildan Activewear stock overvalued right now?
Based on GuruFocus' analysis, Gildan Activewear (FRA:VGA) is currently considered Modestly Undervalued. The stock's GF Value™ is €54.03, compared to a current price of €45.40 — trading 16% below its estimated fair value. The current Net Margin % is -5.64%. Gildan Activewear's overall GF Score™ is 88/100 with 5 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 Gildan Activewear (FRA:VGA), the current Net Margin % is -5.64% 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 Gildan Activewear (FRA:VGA) Overvalued in 2026?
Based on GuruFocus' analysis, Gildan Activewear stock appears to be undervalued.
The current stock price of €45.40 is trading 16% below its estimated GF Value™ of €54.03.
GuruFocus considers Gildan Activewear to be Modestly Undervalued.
Key valuation signals for FRA:VGA:
Net Margin %: -5.64%
GF Value™: €54.03 vs. price of €45.40 (16% below fair value)
No single metric tells the full story. See the FRA:VGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. It is a leader in blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels, a business that has been greatly enhanced by the Hanesbrands acquisition. Gildan's brands include Hanes, Bali, Maidenform, Playtex, Gildan, American Apparel, Comfort Colors, and Goldtoe. Gildan produces most of its clothing at factories in Latin America but has been ramping up production at its new facility in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generated 90% of its sales in the US in 2025.
88GF Score
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