ClienteleJSE:CLI 58 Net Margin % is 14.80% as of Dec. 2025, which is 21% below its 10-year median of 18.79. GuruFocus rates JSE:CLI with a GF Score™ of 58/100 and a GF Value™ of R18.41 (Fairly Valued). The stock has 7 warning signs investors should review. Among 501 Insurance companies, Clientele ranks better than 75.85% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Clientele's Net Income for the
six
months ended in Dec. 2025 was R469 Mil. Clientele's Revenue for the
six
months ended in Dec. 2025 was R3,172 Mil. Therefore, Clientele's net margin for the quarter that ended in Dec. 2025 was 14.80%.
The historical rank and industry rank for Clientele's Net Margin % or its related term are showing as below:
JSE:CLI'
s Net Margin % Range Over the Past 10 Years
Min: 11.14 Med: 18.79 Max: 23.01
Current: 15.77
JSE:CLI's Net Margin % is ranked better than 75.85% of 501
companies
in the Insurance industry
Industry Median: 9.29
vs JSE:CLI: 15.77
Clientele (JSE:CLI) 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.
Clientele Net Margin % Related Terms
Clientele Net Margin % Historical Data
* Premium members only.
The historical data trend for Clientele'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.
JSE:CLI vs BRK.A, AIG, HIG: Net Margin % Comparison
For the Insurance - Diversified subindustry, Clientele'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.
Clientele Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Clientele's Net Margin % distribution charts can be found below:
* The bar in red indicates where Clientele'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.
Clientele (JSE:CLI) has a Net Margin % of 14.80% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Clientele and its competitors. This is 21% below median its historical median of 18.79. Over the past decade, Clientele's Net Margin % has ranged from 11.14 to 23.01. According to the industry distribution chart, Clientele ranks #121 out of 501 companies in the Insurance industry, placing it in the top 24.2%.
Is Clientele's Net Margin % too high?
Clientele's current Net Margin % of 14.80% is 21% below median its 10-year median of 18.79. Over the past 10 years, this metric has ranged from a low of 11.14 to a high of 23.01. The Insurance industry median Net Margin % is 9.29. Clientele's value of 14.80% is 59.3% above this industry median. Based on the distribution chart, Clientele ranks #121 out of 501 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Clientele has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Clientele's Net Margin % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Clientele ranks #121 out of 501 companies for Net Margin %. This places Clientele in the top 24% of its industry — outperforming the majority of peers. The industry median Net Margin % is 9.29. Clientele's value of 14.80% is 59.3% above this benchmark. Historically, Clientele's own Net Margin % has ranged from 11.14 to 23.01 over the past decade. While the company's 10-year median is 18.79 vs. the industry median of 9.29, Clientele 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 an Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 501 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. Clientele's current Net Margin % of 14.80% is 59.3% 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 Clientele and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clientele's current Net Margin % is 14.80%, which is 21% below median its own 10-year median of 18.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clientele stock overvalued right now?
Based on GuruFocus' analysis, Clientele (JSE:CLI) is currently considered Fairly Valued. The stock's GF Value™ is R18.41, compared to a current price of R19.71 — trading 7.1% above its estimated fair value. The current Net Margin % is 14.80%, which is 21% below median its 10-year median of 18.79 and 59.3% above the Insurance industry median of 9.29. Clientele's overall GF Score™ is 58/100 with 7 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 Clientele (JSE:CLI), the current Net Margin % is 14.80% as of Dec. 2025. 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 Clientele (JSE:CLI) Overvalued in 2026?
Based on GuruFocus' analysis, Clientele stock appears to be overvalued.
The current stock price of R19.71 is trading 7.1% above its estimated GF Value™ of R18.41.
GuruFocus considers Clientele to be Fairly Valued.
Key valuation signals for JSE:CLI:
Net Margin %: 14.80% (21% below median its 10-year median of 18.79)
GF Value™: R18.41 vs. price of R19.71 (7.1% above fair value)
Industry Position: 59.3% above the Insurance median (#121 of 501)
No single metric tells the full story. See the JSE:CLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clientele Ltd is a diversified financial services group. It markets, distributes, and underwrites insurance and investment products. The company's operating segment includes Clientele Life Insurance, 1Life Insurance, Non-Life Insurance, Emerald Life Insurance, and CBC Rewards, Mobile & Direct Rewards. Its insurance products and services include Legal, Mobile, Wealth, Credit Life, Investments, and others. It generates maximum revenue from the 1Life insurance segment, which involves the sale and administration of long-term insurance risk policies. The group currently operates in the South African market only.
58GF Score
Get the complete analysis for JSE:CLI
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:CLI has been successfully added to your 
