Intercede GroupIRCDF 82 Net Margin % is 23.86% as of Mar. 2026, which is 132% above its 10-year median of 10.28. GuruFocus rates IRCDF with a GF Score™ of 82/100 and a GF Value™ of $1.85. The stock has 2 warning signs investors should review. Among 2,827 Software companies, Intercede Group ranks better than 89.81% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Intercede Group's Net Income for the
six
months ended in Mar. 2026 was $2.85 Mil. Intercede Group's Revenue for the
six
months ended in Mar. 2026 was $11.93 Mil. Therefore, Intercede Group's net margin for the quarter that ended in Mar. 2026 was 23.86%.
The historical rank and industry rank for Intercede Group's Net Margin % or its related term are showing as below:
IRCDF'
s Net Margin % Range Over the Past 10 Years
Min: -46.95 Med: 10.28 Max: 30.17
Current: 19.68
IRCDF's Net Margin % is ranked better than 89.81% of 2827
companies
in the Software industry
Industry Median: 2.54
vs IRCDF: 19.68
Intercede Group (OTCPK:IRCDF) 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.
Intercede Group Net Margin % Related Terms
Intercede Group Net Margin % Historical Data
* Premium members only.
The historical data trend for Intercede Group'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 Software - Application subindustry, Intercede Group'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.
Intercede Group Net Margin % vs Software Industry
For the Software industry and Technology sector, Intercede Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Intercede Group'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.
Intercede Group (IRCDF) has a Net Margin % of 23.86% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Intercede Group and its competitors. This is 132% above median its historical median of 10.28. According to the industry distribution chart, Intercede Group ranks #288 out of 2827 companies in the Software industry, placing it in the top 10.2%.
Is Intercede Group's Net Margin % too high?
Intercede Group's current Net Margin % of 23.86% is 132% above median its 10-year median of 10.28. The Software industry median Net Margin % is 2.54. Intercede Group's value of 23.86% is 839.4% above this industry median. Based on the distribution chart, Intercede Group ranks #288 out of 2827 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Intercede Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Intercede Group's Net Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Intercede Group ranks #288 out of 2827 companies for Net Margin %. This places Intercede Group in the top 10% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. Intercede Group's value of 23.86% is 839.4% above this benchmark. While the company's 10-year median is 10.28 vs. the industry median of 2.54, Intercede Group 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 Software company?
The median Net Margin % among Software companies is 2.54, based on 2,827 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. Intercede Group's current Net Margin % of 23.86% is 839.4% 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 Intercede Group and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercede Group's current Net Margin % is 23.86%, which is 132% above median its own 10-year median of 10.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercede Group stock overvalued right now?
Intercede Group (IRCDF) has a current Net Margin % of 23.86%. The stock's GF Value™ is $1.85, compared to a current price of $1.37 — trading 25.9% below its estimated fair value. The current Net Margin % is 23.86%, which is 132% above median its 10-year median of 10.28 and 839.4% above the Software industry median of 2.54. Intercede Group's overall GF Score™ is 82/100 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 Intercede Group (IRCDF), the current Net Margin % is 23.86% 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 Intercede Group (IRCDF) Overvalued in 2026?
Based on GuruFocus' analysis, Intercede Group stock appears to be undervalued.
The current stock price of $1.37 is trading 25.9% below its estimated GF Value™ of $1.85.
Key valuation signals for IRCDF:
Net Margin %: 23.86% (132% above median its 10-year median of 10.28)
GF Value™: $1.85 vs. price of $1.37 (25.9% below fair value)
Industry Position: 839.4% above the Software median (#288 of 2827)
No single metric tells the full story. See the IRCDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment simply and cost-effectively. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, the Rest of Europe, the Americas, and the Rest of the world. The majority of its revenue is derived from the Americas.
82GF Score
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