Dis-Chem Pharmacies (JSE:DCP) Net Margin %: 1.60% (As of Feb. 2026) — 45% Below Median


JSE:DCP Dis-Chem Pharmacies Ltd JSE:DCP
88 GF Score
Price R32.89
GF Value R38.03
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Dis-Chem Pharmacies Net Margin %?

Dis-Chem Pharmacies JSE:DCP -0.51% 88 Net Margin % is 1.60% as of Feb. 2026, which is 45% below its 10-year median of 2.91. GuruFocus rates JSE:DCP with a GF Score™ of 88/100 and a GF Value™ of R38.03 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 668 Healthcare Providers & Services companies, Dis-Chem Pharmacies ranks worse than 52.84% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Dis-Chem Pharmacies's Net Income for the six months ended in Feb. 2026 was R346 Mil. Dis-Chem Pharmacies's Revenue for the six months ended in Feb. 2026 was R21,551 Mil. Therefore, Dis-Chem Pharmacies's net margin for the quarter that ended in Feb. 2026 was 1.60%.

The historical rank and industry rank for Dis-Chem Pharmacies's Net Margin % or its related term are showing as below:

JSE:DCP' s Net Margin % Range Over the Past 10 Years
Min: 2.29   Med: 2.91   Max: 3.55
Current: 2.29


JSE:DCP's Net Margin % is ranked worse than
52.84% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 2.885 vs JSE:DCP: 2.29

Dis-Chem Pharmacies  (JSE:DCP) 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.


Dis-Chem Pharmacies Net Margin % Related Terms


Dis-Chem Pharmacies Net Margin % Historical Data

* Premium members only.

The historical data trend for Dis-Chem Pharmacies'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.

Dis-Chem Pharmacies Net Margin % Chart

Dis-Chem Pharmacies Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 3.06 2.71 3.01 2.29

Dis-Chem Pharmacies Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 2.62 2.95 3.07 2.98 1.60

Dis-Chem Pharmacies Net Margin % Competitor Comparison

For the Pharmaceutical Retailers subindustry, Dis-Chem Pharmacies'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.


Dis-Chem Pharmacies Net Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dis-Chem Pharmacies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Dis-Chem Pharmacies's Net Margin % falls into.


JSE:DCP
88GF Score
Dis-Chem Pharmacies Ltd JSE:DCP
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dis-Chem Pharmacies 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.

Dis-Chem Pharmacies's Net Margin for the fiscal year that ended in Feb. 2026 is calculated as

Net Margin=Net Income (A: Feb. 2026 )/Revenue (A: Feb. 2026 )
=978.894/42825.777
=2.29 %

Dis-Chem Pharmacies's Net Margin for the quarter that ended in Feb. 2026 is calculated as

Net Margin=Net Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=345.776/21551.492
=1.60 %

* 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 1.60% mean?
Dis-Chem Pharmacies (JSE:DCP) has a Net Margin % of 1.60% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Dis-Chem Pharmacies and its competitors. This is 45% below median its historical median of 2.91. Over the past decade, Dis-Chem Pharmacies' Net Margin % has ranged from 2.29 to 3.55. According to the industry distribution chart, Dis-Chem Pharmacies ranks #353 out of 668 companies in the Healthcare Providers & Services industry, placing it in the top 52.8%.
Is Dis-Chem Pharmacies' Net Margin % too high?
Dis-Chem Pharmacies' current Net Margin % of 1.60% is 45% below median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 3.55. The Healthcare Providers & Services industry median Net Margin % is 2.89. Dis-Chem Pharmacies' value of 1.60% is 44.5% below this industry median. Based on the distribution chart, Dis-Chem Pharmacies ranks #353 out of 668 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Dis-Chem Pharmacies has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dis-Chem Pharmacies' Net Margin % compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Dis-Chem Pharmacies ranks #353 out of 668 companies for Net Margin %. This places Dis-Chem Pharmacies in the lower half of its industry. The industry median Net Margin % is 2.89. Dis-Chem Pharmacies' value of 1.60% is 44.5% below this benchmark. Historically, Dis-Chem Pharmacies' own Net Margin % has ranged from 2.29 to 3.55 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 2.89, Dis-Chem Pharmacies 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 a Healthcare Providers & Services company?
The median Net Margin % among Healthcare Providers & Services companies is 2.89, based on 668 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. Dis-Chem Pharmacies's current Net Margin % of 1.60% is 44.5% 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 Dis-Chem Pharmacies and its competitors. For the Healthcare Providers & Services industry, the median Net Margin % is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dis-Chem Pharmacies's current Net Margin % is 1.60%, which is 45% below median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dis-Chem Pharmacies stock overvalued right now?
Based on GuruFocus' analysis, Dis-Chem Pharmacies (JSE:DCP) is currently considered Modestly Undervalued. The stock's GF Value™ is R38.03, compared to a current price of R32.89 — trading 13.5% below its estimated fair value. The current Net Margin % is 1.60%, which is 45% below median its 10-year median of 2.91 and 44.5% below the Healthcare Providers & Services industry median of 2.89. Dis-Chem Pharmacies' overall GF Score™ is 88/100 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 Dis-Chem Pharmacies (JSE:DCP), the current Net Margin % is 1.60% 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 Dis-Chem Pharmacies (JSE:DCP) Overvalued in 2026?

Based on GuruFocus' analysis, Dis-Chem Pharmacies stock appears to be undervalued. The current stock price of R32.89 is trading 13.5% below its estimated GF Value™ of R38.03. GuruFocus considers Dis-Chem Pharmacies to be Modestly Undervalued.

Key valuation signals for JSE:DCP:

  • Net Margin %: 1.60% (45% below median its 10-year median of 2.91)
  • GF Value™: R38.03 vs. price of R32.89 (13.5% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 44.5% below the Healthcare Providers & Services median (#353 of 668)

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


Dis-Chem Pharmacies Business Description

Address 23 Stag Road, Glen Austin, Midrand, Johannesburg, GT, ZAF, 1685
Dis-Chem Pharmacies Ltd is a pharmaceutical company based in South Africa. Its product portfolio includes personal care products, beauty products, healthcare and nutrition products, and dispensary and baby care products. The operating segments of the group are Retail and Wholesale. It derives maximum revenue from the Retail segment, which includes company stores, retailers of pharmaceuticals and a variety of health and beauty products, as well as pharma-logistic services and oncology and retailers of pharmaceutical products. The Wholesale segment consists of the CJ wholesale and company distribution businesses, wholesalers of pharmaceuticals, and a variety of health and beauty products. Geographically, the group carries out its business operations principally in South Africa.
88GF Score

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

R32.89
Price
R38.03
GF Value