MustekJSE:MST -4.84%76 Net Margin % is 1.27% as of Dec. 2025, which is 10% below its 10-year median of 1.41. GuruFocus rates JSE:MST with a GF Score™ of 76/100 and a GF Value™ of R12.58 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,472 Hardware companies, Mustek ranks worse than 61.45% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Mustek's Net Income for the
six
months ended in Dec. 2025 was R45 Mil. Mustek's Revenue for the
six
months ended in Dec. 2025 was R3,545 Mil. Therefore, Mustek's net margin for the quarter that ended in Dec. 2025 was 1.27%.
The historical rank and industry rank for Mustek's Net Margin % or its related term are showing as below:
JSE:MST'
s Net Margin % Range Over the Past 10 Years
Min: 0.25 Med: 1.41 Max: 3.68
Current: 1.01
JSE:MST's Net Margin % is ranked worse than 61.45% of 2472
companies
in the Hardware industry
Industry Median: 2.7
vs JSE:MST: 1.01
Mustek (JSE:MST) 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.
Mustek Net Margin % Related Terms
Mustek Net Margin % Historical Data
* Premium members only.
The historical data trend for Mustek'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:MST vs DELL, SNDK, ANET: Net Margin % Comparison
For the Computer Hardware subindustry, Mustek'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.
Mustek Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Mustek's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mustek'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.
Mustek (JSE:MST) has a Net Margin % of 1.27% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Mustek and its competitors. This is 10% below median its historical median of 1.41. Over the past decade, Mustek's Net Margin % has ranged from 0.25 to 3.68. According to the industry distribution chart, Mustek ranks #1519 out of 2472 companies in the Hardware industry, placing it in the top 61.4%.
Is Mustek's Net Margin % too high?
Mustek's current Net Margin % of 1.27% is 10% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 3.68. The Hardware industry median Net Margin % is 2.70. Mustek's value of 1.27% is 53% below this industry median. Based on the distribution chart, Mustek ranks #1519 out of 2472 companies in the Hardware industry, which is below the industry midpoint. Overall, Mustek has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mustek's Net Margin % compare to DELL and SNDK?
According to the Hardware industry distribution chart, Mustek ranks #1519 out of 2472 companies for Net Margin %. This places Mustek in the lower half of its industry. The industry median Net Margin % is 2.70. Mustek's value of 1.27% is 53% below this benchmark. Historically, Mustek's own Net Margin % has ranged from 0.25 to 3.68 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 2.70, Mustek 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 Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,472 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. Mustek's current Net Margin % of 1.27% is 53% 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 Mustek and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mustek's current Net Margin % is 1.27%, which is 10% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustek stock overvalued right now?
Based on GuruFocus' analysis, Mustek (JSE:MST) is currently considered Modestly Overvalued. The stock's GF Value™ is R12.58, compared to a current price of R14.56 — trading 15.7% above its estimated fair value. The current Net Margin % is 1.27%, which is 10% below median its 10-year median of 1.41 and 53% below the Hardware industry median of 2.70. Mustek's overall GF Score™ is 76/100 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 Mustek (JSE:MST), the current Net Margin % is 1.27% 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 Mustek (JSE:MST) Overvalued in 2026?
Based on GuruFocus' analysis, Mustek stock appears to be overvalued.
The current stock price of R14.56 is trading 15.7% above its estimated GF Value™ of R12.58.
GuruFocus considers Mustek to be Modestly Overvalued.
Key valuation signals for JSE:MST:
Net Margin %: 1.27% (10% below median its 10-year median of 1.41)
GF Value™: R12.58 vs. price of R14.56 (15.7% above fair value)
Industry Position: 53% below the Hardware median (#1519 of 2472)
No single metric tells the full story. See the JSE:MST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mustek Ltd is an assembler and distributor of personal computers and complementary Information and Communication Technology (ICT) products in South Africa. The company's segments include Mustek, Rectron, MIE, and the Group. Mustek includes assembly and distribution of computer products and peripherals, including Mecer-branded products and related services. Rectron includes the distribution of computer components and peripherals. Mecer Inter-Ed (MIE) includes a training provider of accredited training programmes, and the group includes investments in associates and other investments, and loans. Geographically, operates in the region of South Africa. It derives a substantial part of its revenue from the Mustek segment.
76GF Score
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