Pick N Pay Stores (JSE:PIK) Net Margin %: -0.38% (As of Feb. 2026)


JSE:PIK Pick N Pay Stores Ltd JSE:PIK
65 GF Score
Price R20.76
GF Value R24.21
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Pick N Pay Stores Net Margin %?

Pick N Pay Stores JSE:PIK +1.86% 65 Net Margin % is -0.38% as of Feb. 2026. GuruFocus rates JSE:PIK with a GF Score™ of 65/100 and a GF Value™ of R24.21 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Pick N Pay Stores ranks worse than 74.29% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Pick N Pay Stores's Net Income for the six months ended in Feb. 2026 was R-232 Mil. Pick N Pay Stores's Revenue for the six months ended in Feb. 2026 was R61,472 Mil. Therefore, Pick N Pay Stores's net margin for the quarter that ended in Feb. 2026 was -0.38%.

The historical rank and industry rank for Pick N Pay Stores's Net Margin % or its related term are showing as below:

JSE:PIK' s Net Margin % Range Over the Past 10 Years
Min: -2.94   Med: 1.17   Max: 1.64
Current: -0.61


JSE:PIK's Net Margin % is ranked worse than
74.29% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 2.33 vs JSE:PIK: -0.61

Pick N Pay Stores  (JSE:PIK) 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.


Pick N Pay Stores Net Margin % Related Terms


Pick N Pay Stores Net Margin % Historical Data

* Premium members only.

The historical data trend for Pick N Pay Stores'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.

Pick N Pay Stores Net Margin % Chart

Pick N Pay Stores 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 1.24 1.10 -2.94 -0.62 -0.61

Pick N Pay Stores 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 -4.69 -1.48 0.14 -0.84 -0.38

JSE:PIK vs DDS, M: Net Margin % Comparison

For the Department Stores subindustry, Pick N Pay Stores'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.


Pick N Pay Stores Net Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pick N Pay Stores's Net Margin % distribution charts can be found below:

* The bar in red indicates where Pick N Pay Stores's Net Margin % falls into.


JSE:PIK
65GF Score
Pick N Pay Stores Ltd JSE:PIK
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pick N Pay Stores 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.

Pick N Pay Stores'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 )
=-728/120290
=-0.61 %

Pick N Pay Stores'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 )
=-232/61472
=-0.38 %

* 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 -0.38% mean?
Pick N Pay Stores (JSE:PIK) has a Net Margin % of -0.38% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Pick N Pay Stores and its competitors. According to the industry distribution chart, Pick N Pay Stores ranks #838 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 74.3%.
Is Pick N Pay Stores' Net Margin % too high?
Pick N Pay Stores' current Net Margin % is -0.38%. Based on the distribution chart, Pick N Pay Stores ranks #838 out of 1128 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Pick N Pay Stores has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pick N Pay Stores' Net Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Pick N Pay Stores ranks #838 out of 1128 companies for Net Margin %. This places Pick N Pay Stores in the lower half of its industry. The industry median Net Margin % is 2.33. 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 2.33, based on 1,128 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. 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 Pick N Pay Stores and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pick N Pay Stores's current Net Margin % is -0.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pick N Pay Stores stock overvalued right now?
Based on GuruFocus' analysis, Pick N Pay Stores (JSE:PIK) is currently considered Modestly Undervalued. The stock's GF Value™ is R24.21, compared to a current price of R20.76 — trading 14.3% below its estimated fair value. The current Net Margin % is -0.38%. Pick N Pay Stores' overall GF Score™ is 65/100 with 2 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 Pick N Pay Stores (JSE:PIK), the current Net Margin % is -0.38% 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 Pick N Pay Stores (JSE:PIK) Overvalued in 2026?

Based on GuruFocus' analysis, Pick N Pay Stores stock appears to be undervalued. The current stock price of R20.76 is trading 14.3% below its estimated GF Value™ of R24.21. GuruFocus considers Pick N Pay Stores to be Modestly Undervalued.

Key valuation signals for JSE:PIK:

  • Net Margin %: -0.38%
  • GF Value™: R24.21 vs. price of R20.76 (14.3% below fair value)
  • GF Score™: 65/100 with 2 warning signs

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


Pick N Pay Stores Business Description

Other Exchanges PKPYY:USAPIK:Germany
Address 101 Rosmead Avenue, Pick n Pay Office Park, Kenilworth, Cape Town, WC, ZAF, 7708
Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, and others.
65GF Score

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

R20.76
Price
R24.21
GF Value