SAorate Real Estate (JSE:SAC) Net Margin %: 12.73% (As of Dec. 2025) — 61% Below Median


JSE:SAC SA Corporate Real Estate Ltd JSE:SAC
67 GF Score
Price R3.63
GF Value R2.36
Valuation Significantly Overvalued
! 9 Warning Signs
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What is SAorate Real Estate Net Margin %?

SAorate Real Estate JSE:SAC +0.55% 67 Net Margin % is 12.73% as of Dec. 2025, which is 61% below its 10-year median of 32.99. GuruFocus rates JSE:SAC with a GF Score™ of 67/100 and a GF Value™ of R2.36 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 928 REITs companies, SAorate Real Estate ranks worse than 70.37% on this metric.

Net margin is calculated as Net Income divided by its Revenue. SAorate Real Estate's Net Income for the six months ended in Dec. 2025 was R187 Mil. SAorate Real Estate's Revenue for the six months ended in Dec. 2025 was R1,466 Mil. Therefore, SAorate Real Estate's net margin for the quarter that ended in Dec. 2025 was 12.73%.

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

JSE:SAC' s Net Margin % Range Over the Past 10 Years
Min: -72.43   Med: 32.99   Max: 135.29
Current: 19.3


JSE:SAC's Net Margin % is ranked worse than
70.37% of 928 companies
in the REITs industry
Industry Median: 45.23 vs JSE:SAC: 19.30

SAorate Real Estate  (JSE:SAC) 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.


SAorate Real Estate Net Margin % Related Terms


SAorate Real Estate Net Margin % Historical Data

* Premium members only.

The historical data trend for SAorate Real Estate'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.

SAorate Real Estate Net Margin % Chart

SAorate Real Estate Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.27 40.11 48.74 21.96 19.30

SAorate Real Estate Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 57.73 27.79 16.21 25.91 12.73

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

For the REIT - Diversified subindustry, SAorate Real Estate'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.


SAorate Real Estate Net Margin % vs REITs Industry

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

* The bar in red indicates where SAorate Real Estate's Net Margin % falls into.


JSE:SAC
67GF Score
SA Corporate Real Estate Ltd JSE:SAC
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SAorate Real Estate 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.

SAorate Real Estate's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=564.012/2922.446
=19.30 %

SAorate Real Estate's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=186.692/1466.171
=12.73 %

* 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 12.73% mean?
SAorate Real Estate (JSE:SAC) has a Net Margin % of 12.73% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on SAorate Real Estate and its competitors. This is 61% below median its historical median of 32.99. According to the industry distribution chart, SAorate Real Estate ranks #653 out of 928 companies in the REITs industry, placing it in the top 70.4%.
Is SAorate Real Estate's Net Margin % too high?
SAorate Real Estate's current Net Margin % of 12.73% is 61% below median its 10-year median of 32.99. The REITs industry median Net Margin % is 45.23. SAorate Real Estate's value of 12.73% is 71.9% below this industry median. Based on the distribution chart, SAorate Real Estate ranks #653 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, SAorate Real Estate has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAorate Real Estate's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, SAorate Real Estate ranks #653 out of 928 companies for Net Margin %. This places SAorate Real Estate in the lower half of its industry. The industry median Net Margin % is 45.23. SAorate Real Estate's value of 12.73% is 71.9% below this benchmark. While the company's 10-year median is 32.99 vs. the industry median of 45.23, SAorate Real Estate 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 REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 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. SAorate Real Estate's current Net Margin % of 12.73% is 71.9% 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 SAorate Real Estate and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAorate Real Estate's current Net Margin % is 12.73%, which is 61% below median its own 10-year median of 32.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAorate Real Estate stock overvalued right now?
Based on GuruFocus' analysis, SAorate Real Estate (JSE:SAC) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.36, compared to a current price of R3.63 — trading 53.8% above its estimated fair value. The current Net Margin % is 12.73%, which is 61% below median its 10-year median of 32.99 and 71.9% below the REITs industry median of 45.23. SAorate Real Estate's overall GF Score™ is 67/100 with 9 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 SAorate Real Estate (JSE:SAC), the current Net Margin % is 12.73% 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 SAorate Real Estate (JSE:SAC) Overvalued in 2026?

Based on GuruFocus' analysis, SAorate Real Estate stock appears to be overvalued. The current stock price of R3.63 is trading 53.8% above its estimated GF Value™ of R2.36. GuruFocus considers SAorate Real Estate to be Significantly Overvalued.

Key valuation signals for JSE:SAC:

  • Net Margin %: 12.73% (61% below median its 10-year median of 32.99)
  • GF Value™: R2.36 vs. price of R3.63 (53.8% above fair value)
  • GF Score™: 67/100 with 9 warning signs
  • Industry Position: 71.9% below the REITs median (#653 of 928)

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


SAorate Real Estate Business Description

Industry Real EstateREITs
Address Corner Lower Road and West Road South, GreenPark Corner, 16th Floor, Morningside, Johannesburg, GT, ZAF, 2196
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder of inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one-third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees. Its reportable segments are Retail, Industrial, Commercial, Residential, and Corporate. The company generates the maximum of its revenue from the Residential segment.
67GF Score

Get the complete analysis for JSE:SAC

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

R3.63
Price
R2.36
GF Value