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AfrimatJSE:AFT +1.74%71 Net Margin % is -0.74% as of Feb. 2026. GuruFocus rates JSE:AFT with a GF Score™ of 71/100 and a GF Value™ of R98.72 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 406 Building Materials companies, Afrimat ranks worse than 64.53% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Afrimat's Net Income for the
six
months ended in Feb. 2026 was R-35 Mil. Afrimat's Revenue for the
six
months ended in Feb. 2026 was R4,679 Mil. Therefore, Afrimat's net margin for the quarter that ended in Feb. 2026 was -0.74%.
The historical rank and industry rank for Afrimat's Net Margin % or its related term are showing as below:
JSE:AFT'
s Net Margin % Range Over the Past 10 Years
Min: 1.15 Med: 12.66 Max: 20.95
Current: 1.22
JSE:AFT's Net Margin % is ranked worse than 64.53% of 406
companies
in the Building Materials industry
Industry Median: 4.42
vs JSE:AFT: 1.22
Afrimat (JSE:AFT) 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.
Afrimat Net Margin % Related Terms
Afrimat Net Margin % Historical Data
* Premium members only.
The historical data trend for Afrimat'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 Building Materials subindustry, Afrimat'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.
Afrimat Net Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Afrimat's Net Margin % distribution charts can be found below:
* The bar in red indicates where Afrimat'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.
Afrimat (JSE:AFT) has a Net Margin % of -0.74% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Afrimat and its competitors. Over the past decade, Afrimat's Net Margin % has ranged from 1.15 to 20.95. According to the industry distribution chart, Afrimat ranks #262 out of 406 companies in the Building Materials industry, placing it in the top 64.5%.
Is Afrimat's Net Margin % too high?
Afrimat's current Net Margin % is -0.74%. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 20.95. Based on the distribution chart, Afrimat ranks #262 out of 406 companies in the Building Materials industry, which is below the industry midpoint. Overall, Afrimat has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afrimat's Net Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Afrimat ranks #262 out of 406 companies for Net Margin %. This places Afrimat in the lower half of its industry. The industry median Net Margin % is 4.42. Historically, Afrimat's own Net Margin % has ranged from 1.15 to 20.95 over the past decade. 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 Building Materials company?
The median Net Margin % among Building Materials companies is 4.42, based on 406 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 Afrimat and its competitors. For the Building Materials industry, the median Net Margin % is 4.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afrimat's current Net Margin % is -0.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrimat stock overvalued right now?
Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R98.72, compared to a current price of R27.47 — trading 72.2% below its estimated fair value. The current Net Margin % is -0.74%. Afrimat's overall GF Score™ is 71/100 with 6 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 Afrimat (JSE:AFT), the current Net Margin % is -0.74% as of Feb. 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 Afrimat (JSE:AFT) Overvalued in 2026?
Based on GuruFocus' analysis, Afrimat stock appears to be undervalued.
The current stock price of R27.47 is trading 72.2% below its estimated GF Value™ of R98.72.
GuruFocus considers Afrimat to be Significantly Undervalued.
Key valuation signals for JSE:AFT:
Net Margin %: -0.74%
GF Value™: R98.72 vs. price of R27.47 (72.2% below fair value)
No single metric tells the full story. See the JSE:AFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.
71GF Score
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