Coronation Fund Managers (JSE:CML) Net Margin %: 36.88% (As of Mar. 2026) — Near Median


JSE:CML Coronation Fund Managers Ltd JSE:CML
76 GF Score
Price R39.87
GF Value R42.09
Valuation Fairly Valued
! 5 Warning Signs
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What is Coronation Fund Managers Net Margin %?

Coronation Fund Managers JSE:CML +1.58% 76 Net Margin % is 36.88% as of Mar. 2026, which is 4% below its 10-year median of 38.57. GuruFocus rates JSE:CML with a GF Score™ of 76/100 and a GF Value™ of R42.09 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,580 Asset Management companies, Coronation Fund Managers ranks worse than 65.51% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Coronation Fund Managers's Net Income for the six months ended in Mar. 2026 was R770 Mil. Coronation Fund Managers's Revenue for the six months ended in Mar. 2026 was R2,088 Mil. Therefore, Coronation Fund Managers's net margin for the quarter that ended in Mar. 2026 was 36.88%.

The historical rank and industry rank for Coronation Fund Managers's Net Margin % or its related term are showing as below:

JSE:CML' s Net Margin % Range Over the Past 10 Years
Min: 17.55   Med: 38.57   Max: 56.35
Current: 39.64


JSE:CML's Net Margin % is ranked worse than
65.51% of 1580 companies
in the Asset Management industry
Industry Median: 84.895 vs JSE:CML: 39.64

Coronation Fund Managers  (JSE:CML) 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.


Coronation Fund Managers Net Margin % Related Terms


Coronation Fund Managers Net Margin % Historical Data

* Premium members only.

The historical data trend for Coronation Fund Managers'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.

Coronation Fund Managers Net Margin % Chart

Coronation Fund Managers Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.04 34.27 17.55 56.35 39.06

Coronation Fund Managers Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.03 74.46 35.59 42.19 36.88

JSE:CML vs BLK, BX, KKR: Net Margin % Comparison

For the Asset Management subindustry, Coronation Fund Managers'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.


Coronation Fund Managers Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Coronation Fund Managers's Net Margin % distribution charts can be found below:

* The bar in red indicates where Coronation Fund Managers's Net Margin % falls into.


JSE:CML
76GF Score
Coronation Fund Managers Ltd JSE:CML
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Coronation Fund Managers Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Coronation Fund Managers's Net Margin for the fiscal year that ended in Sep. 2025 is calculated as

Net Margin=Net Income (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=1676/4291
=39.06 %

Coronation Fund Managers's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=770/2088
=36.88 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 36.88% mean?
Coronation Fund Managers (JSE:CML) has a Net Margin % of 36.88% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Coronation Fund Managers and its competitors. This is near median its historical median of 38.57. Over the past decade, Coronation Fund Managers' Net Margin % has ranged from 17.55 to 56.35. According to the industry distribution chart, Coronation Fund Managers ranks #1035 out of 1580 companies in the Asset Management industry, placing it in the top 65.5%.
Is Coronation Fund Managers' Net Margin % too high?
Coronation Fund Managers' current Net Margin % of 36.88% is near median its 10-year median of 38.57. Over the past 10 years, this metric has ranged from a low of 17.55 to a high of 56.35. The Asset Management industry median Net Margin % is 84.90. Coronation Fund Managers' value of 36.88% is 56.6% below this industry median. Based on the distribution chart, Coronation Fund Managers ranks #1035 out of 1580 companies in the Asset Management industry, which is below the industry midpoint. Overall, Coronation Fund Managers has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coronation Fund Managers' Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Coronation Fund Managers ranks #1035 out of 1580 companies for Net Margin %. This places Coronation Fund Managers in the lower half of its industry. The industry median Net Margin % is 84.90. Coronation Fund Managers' value of 36.88% is 56.6% below this benchmark. Historically, Coronation Fund Managers' own Net Margin % has ranged from 17.55 to 56.35 over the past decade. While the company's 10-year median is 38.57 vs. the industry median of 84.90, Coronation Fund Managers has consistently been below 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 Asset Management company?
The median Net Margin % among Asset Management companies is 84.90, based on 1,580 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. Coronation Fund Managers's current Net Margin % of 36.88% is 56.6% below 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 Coronation Fund Managers and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coronation Fund Managers's current Net Margin % is 36.88%, which is near median its own 10-year median of 38.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coronation Fund Managers stock overvalued right now?
Based on GuruFocus' analysis, Coronation Fund Managers (JSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is R42.09, compared to a current price of R39.87 — trading 5.3% below its estimated fair value. The current Net Margin % is 36.88%, which is near median its 10-year median of 38.57 and 56.6% below the Asset Management industry median of 84.90. Coronation Fund Managers' overall GF Score™ is 76/100 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 Coronation Fund Managers (JSE:CML), the current Net Margin % is 36.88% 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 Coronation Fund Managers (JSE:CML) Overvalued in 2026?

Based on GuruFocus' analysis, Coronation Fund Managers stock appears to be undervalued. The current stock price of R39.87 is trading 5.3% below its estimated GF Value™ of R42.09. GuruFocus considers Coronation Fund Managers to be Fairly Valued.

Key valuation signals for JSE:CML:

  • Net Margin %: 36.88% (near median its 10-year median of 38.57)
  • GF Value™: R42.09 vs. price of R39.87 (5.3% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 56.6% below the Asset Management median (#1035 of 1580)

No single metric tells the full story. See the JSE:CML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coronation Fund Managers Business Description

Address Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.
76GF Score

Get the complete analysis for JSE:CML

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R39.87
Price
R42.09
GF Value