NictusJSE:NCS 40 Net Margin % is 66.54% as of Sep. 2025, which is 335% above its 10-year median of 15.29. GuruFocus rates JSE:NCS with a GF Score™ of 40/100 and a GF Value™ of R1.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,123 Retail - Cyclical companies, Nictus ranks better than 98.93% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Nictus's Net Income for the
six
months ended in Sep. 2025 was R21.94 Mil. Nictus's Revenue for the
six
months ended in Sep. 2025 was R32.96 Mil. Therefore, Nictus's net margin for the quarter that ended in Sep. 2025 was 66.54%.
The historical rank and industry rank for Nictus's Net Margin % or its related term are showing as below:
JSE:NCS'
s Net Margin % Range Over the Past 10 Years
Min: 6.83 Med: 15.29 Max: 45.35
Current: 45.35
JSE:NCS's Net Margin % is ranked better than 98.93% of 1123
companies
in the Retail - Cyclical industry
Industry Median: 2.34
vs JSE:NCS: 45.35
Nictus (JSE:NCS) 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.
Nictus Net Margin % Related Terms
Nictus Net Margin % Historical Data
* Premium members only.
The historical data trend for Nictus'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:NCS vs CASY, WSM, DKS: Net Margin % Comparison
For the Specialty Retail subindustry, Nictus'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.
Nictus Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nictus'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.
Nictus (JSE:NCS) has a Net Margin % of 66.54% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on Nictus and its competitors. This is 335% above median its historical median of 15.29. Over the past decade, Nictus' Net Margin % has ranged from 6.83 to 45.35. According to the industry distribution chart, Nictus ranks #12 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 1.1%.
Is Nictus' Net Margin % too high?
Nictus' current Net Margin % of 66.54% is 335% above median its 10-year median of 15.29. Over the past 10 years, this metric has ranged from a low of 6.83 to a high of 45.35. The Retail - Cyclical industry median Net Margin % is 2.34. Nictus' value of 66.54% is 2743.6% above this industry median. Based on the distribution chart, Nictus ranks #12 out of 1123 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Nictus has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nictus' Net Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nictus ranks #12 out of 1123 companies for Net Margin %. This places Nictus in the top 1% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.34. Nictus' value of 66.54% is 2743.6% above this benchmark. Historically, Nictus' own Net Margin % has ranged from 6.83 to 45.35 over the past decade. While the company's 10-year median is 15.29 vs. the industry median of 2.34, Nictus 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 Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.34, based on 1,123 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. Nictus's current Net Margin % of 66.54% is 2743.6% 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 Nictus and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nictus's current Net Margin % is 66.54%, which is 335% above median its own 10-year median of 15.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nictus stock overvalued right now?
Based on GuruFocus' analysis, Nictus (JSE:NCS) is currently considered Significantly Overvalued. The stock's GF Value™ is R1.09, compared to a current price of R2.99 — trading 174.3% above its estimated fair value. The current Net Margin % is 66.54%, which is 335% above median its 10-year median of 15.29 and 2743.6% above the Retail - Cyclical industry median of 2.34. Nictus' overall GF Score™ is 40/100 with 6 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 Nictus (JSE:NCS), the current Net Margin % is 66.54% as of Sep. 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 Nictus (JSE:NCS) Overvalued in 2026?
Based on GuruFocus' analysis, Nictus stock appears to be overvalued.
The current stock price of R2.99 is trading 174.3% above its estimated GF Value™ of R1.09.
GuruFocus considers Nictus to be Significantly Overvalued.
Key valuation signals for JSE:NCS:
Net Margin %: 66.54% (335% above median its 10-year median of 15.29)
GF Value™: R1.09 vs. price of R2.99 (174.3% above fair value)
Industry Position: 2743.6% above the Retail - Cyclical median (#12 of 1123)
No single metric tells the full story. See the JSE:NCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.
40GF Score
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