Boxer RetailJSE:BOX -0.02%18 Net Margin % is 4.36% as of Feb. 2026, which is 31% above its 10-year median of 3.33. GuruFocus rates JSE:BOX with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Boxer Retail ranks better than 57.71% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Boxer Retail's Net Income for the
six
months ended in Feb. 2026 was R1,054 Mil. Boxer Retail's Revenue for the
six
months ended in Feb. 2026 was R24,164 Mil. Therefore, Boxer Retail's net margin for the quarter that ended in Feb. 2026 was 4.36%.
The historical rank and industry rank for Boxer Retail's Net Margin % or its related term are showing as below:
JSE:BOX'
s Net Margin % Range Over the Past 10 Years
Min: 3.21 Med: 3.33 Max: 3.7
Current: 3.33
JSE:BOX's Net Margin % is ranked better than 57.71% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.335
vs JSE:BOX: 3.33
Boxer Retail (JSE:BOX) 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.
Boxer Retail Net Margin % Related Terms
Boxer Retail Net Margin % Historical Data
* Premium members only.
The historical data trend for Boxer Retail'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 Department Stores subindustry, Boxer Retail'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.
Boxer Retail Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Boxer Retail's Net Margin % distribution charts can be found below:
* The bar in red indicates where Boxer Retail'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.
Boxer Retail (JSE:BOX) has a Net Margin % of 4.36% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Boxer Retail and its competitors. This is 31% above median its historical median of 3.33. Over the past decade, Boxer Retail's Net Margin % has ranged from 3.21 to 3.70. According to the industry distribution chart, Boxer Retail ranks #477 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 42.3%.
Is Boxer Retail's Net Margin % too high?
Boxer Retail's current Net Margin % of 4.36% is 31% above median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 3.70. The Retail - Cyclical industry median Net Margin % is 2.34. Boxer Retail's value of 4.36% is 86.7% above this industry median. Based on the distribution chart, Boxer Retail ranks #477 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Boxer Retail has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's Net Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Boxer Retail ranks #477 out of 1128 companies for Net Margin %. This puts Boxer Retail in the upper half of its industry. The industry median Net Margin % is 2.34. Boxer Retail's value of 4.36% is 86.7% above this benchmark. Historically, Boxer Retail's own Net Margin % has ranged from 3.21 to 3.70 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 2.34, Boxer Retail 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 Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.34, based on 1,128 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. Boxer Retail's current Net Margin % of 4.36% is 86.7% 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 Boxer Retail and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxer Retail's current Net Margin % is 4.36%, which is 31% above median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current Net Margin % of 4.36%. The current Net Margin % is 4.36%, which is 31% above median its 10-year median of 3.33 and 86.7% above the Retail - Cyclical industry median of 2.34. Boxer Retail's overall GF Score™ is 18/100 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 Boxer Retail (JSE:BOX), the current Net Margin % is 4.36% 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.
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
18GF Score
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