Growthpoint Properties (JSE:GRT) Net Margin %: 84.14% (As of Jun. 2026) — 77% Above Median

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JSE:GRT Growthpoint Properties Ltd JSE:GRT
59 GF Score
Price R15.73
GF Value R11.90
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Growthpoint Properties Net Margin %?

Growthpoint Properties JSE:GRT -1.69% 59 Net Margin % is 84.14% as of Jun. 2026, which is 77% above its 10-year median of 47.47. GuruFocus rates JSE:GRT with a GF Score™ of 59/100 and a GF Value™ of R11.90 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 922 REITs companies, Growthpoint Properties ranks better than 60.2% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Growthpoint Properties's Net Income for the six months ended in Jun. 2026 was R5,158 Mil. Growthpoint Properties's Revenue for the six months ended in Jun. 2026 was R6,130 Mil. Therefore, Growthpoint Properties's net margin for the quarter that ended in Jun. 2026 was 84.14%.

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

JSE:GRT' s Net Margin % Range Over the Past 10 Years
Min: -55.54   Med: 47.47   Max: 69.96
Current: 58.69


JSE:GRT's Net Margin % is ranked better than
60.2% of 922 companies
in the REITs industry
Industry Median: 45.5 vs JSE:GRT: 58.69

Growthpoint Properties  (JSE:GRT) 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.


Growthpoint Properties Net Margin % Related Terms


Growthpoint Properties Net Margin % Historical Data

* Premium members only.

The historical data trend for Growthpoint Properties'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.

Growthpoint Properties Net Margin % Chart

Growthpoint Properties Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.83 17.15 9.84 40.23 58.68

Growthpoint Properties Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 17.63 39.05 41.45 35.62 84.14

JSE:GRT vs VICI, WPC: Net Margin % Comparison

For the REIT - Diversified subindustry, Growthpoint Properties'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.


Growthpoint Properties Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Growthpoint Properties's Net Margin % distribution charts can be found below:

* The bar in red indicates where Growthpoint Properties's Net Margin % falls into.


JSE:GRT
59GF Score
Growthpoint Properties Ltd JSE:GRT
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Growthpoint Properties 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.

Growthpoint Properties's Net Margin for the fiscal year that ended in Jun. 2026 is calculated as

Net Margin=Net Income (A: Jun. 2026 )/Revenue (A: Jun. 2026 )
=7568/12896
=58.68 %

Growthpoint Properties's Net Margin for the quarter that ended in Jun. 2026 is calculated as

Net Margin=Net Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=5158/6130
=84.14 %

* 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 84.14% mean?
Growthpoint Properties (JSE:GRT) has a Net Margin % of 84.14% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Growthpoint Properties and its competitors. This is 77% above median its historical median of 47.47. According to the industry distribution chart, Growthpoint Properties ranks #367 out of 922 companies in the REITs industry, placing it in the top 39.8%.
Is Growthpoint Properties' Net Margin % too high?
Growthpoint Properties' current Net Margin % of 84.14% is 77% above median its 10-year median of 47.47. The REITs industry median Net Margin % is 45.50. Growthpoint Properties' value of 84.14% is 84.9% above this industry median. Based on the distribution chart, Growthpoint Properties ranks #367 out of 922 companies in the REITs industry, which is above the industry midpoint. Overall, Growthpoint Properties has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Growthpoint Properties' Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Growthpoint Properties ranks #367 out of 922 companies for Net Margin %. This puts Growthpoint Properties in the upper half of its industry. The industry median Net Margin % is 45.50. Growthpoint Properties' value of 84.14% is 84.9% above this benchmark. While the company's 10-year median is 47.47 vs. the industry median of 45.50, Growthpoint Properties 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 REITs company?
The median Net Margin % among REITs companies is 45.50, based on 922 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. Growthpoint Properties's current Net Margin % of 84.14% is 84.9% 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 Growthpoint Properties and its competitors. For the REITs industry, the median Net Margin % is 45.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Growthpoint Properties's current Net Margin % is 84.14%, which is 77% above median its own 10-year median of 47.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Growthpoint Properties stock overvalued right now?
Based on GuruFocus' analysis, Growthpoint Properties (JSE:GRT) is currently considered Significantly Overvalued. The stock's GF Value™ is R11.90, compared to a current price of R15.73 — trading 32.2% above its estimated fair value. The current Net Margin % is 84.14%, which is 77% above median its 10-year median of 47.47 and 84.9% above the REITs industry median of 45.50. Growthpoint Properties' overall GF Score™ is 59/100 with 8 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 Growthpoint Properties (JSE:GRT), the current Net Margin % is 84.14% as of Jun. 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 Growthpoint Properties (JSE:GRT) Overvalued in 2026?

Based on GuruFocus' analysis, Growthpoint Properties stock appears to be overvalued. The current stock price of R15.73 is trading 32.2% above its estimated GF Value™ of R11.90. GuruFocus considers Growthpoint Properties to be Significantly Overvalued.

Key valuation signals for JSE:GRT:

  • Net Margin %: 84.14% (77% above median its 10-year median of 47.47)
  • GF Value™: R11.90 vs. price of R15.73 (32.2% above fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 84.9% above the REITs median (#367 of 922)

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


Growthpoint Properties Business Description

Industry Real EstateREITs
Other Exchanges G5JA:Germany
Address 1 Sandton Drive, The Place, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Growthpoint Properties Ltd is an international property company mainly engaged in owning and managing property assets in South Africa, Eastern Europe, Australia, and the UK. Its portfolio comprises various kinds of properties such as office parks, office warehouses, motor outlets, logistics and industrial parks, shopping centres, etc. The group's operating segments are Retail, Office, Logistics and Industrial, Trading and Development, V&A Waterfront, GHPH, GSAH, Lango, GOZ, and GWI. Maximum revenue is generated from its Retail segment, which includes income generated from a portfolio of properties, comprising shopping centres, with the balance being standalone, single-tenanted properties. It includes regional, community, neighbourhood, retail warehouses and speciality centres.
59GF Score

Get the complete analysis for JSE:GRT

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

R15.73
Price
R11.90
GF Value