Stor-Age Property REITJSE:SSS +0.88%77 Net Margin % is 83.26% as of Mar. 2026, which is 7% below its 10-year median of 89.30. GuruFocus rates JSE:SSS with a GF Score™ of 77/100 and a GF Value™ of R16.22 (Fairly Valued). The stock has 7 warning signs investors should review. Among 928 REITs companies, Stor-Age Property REIT ranks better than 69.94% on this metric.
The historical rank and industry rank for Stor-Age Property REIT's Net Margin % or its related term are showing as below:
JSE:SSS'
s Net Margin % Range Over the Past 10 Years
Min: 14.91 Med: 89.3 Max: 173.59
Current: 77.09
JSE:SSS's Net Margin % is ranked better than 69.94% of 928
companies
in the REITs industry
Industry Median: 45.23
vs JSE:SSS: 77.09
Stor-Age Property REIT (JSE:SSS) 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.
Stor-Age Property REIT Net Margin % Related Terms
Stor-Age Property REIT Net Margin % Historical Data
* 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.
For the REIT - Industrial subindustry, Stor-Age Property REIT'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.
Stor-Age Property REIT Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Stor-Age Property REIT's Net Margin % distribution charts can be found below:
* The bar in red indicates where Stor-Age Property REIT'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.
Stor-Age Property REIT (JSE:SSS) has a Net Margin % of 83.26% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Stor-Age Property REIT and its competitors. This is near median its historical median of 89.30. Over the past decade, Stor-Age Property REIT's Net Margin % has ranged from 14.91 to 173.59. According to the industry distribution chart, Stor-Age Property REIT ranks #279 out of 928 companies in the REITs industry, placing it in the top 30.1%.
Is Stor-Age Property REIT's Net Margin % too high?
Stor-Age Property REIT's current Net Margin % of 83.26% is near median its 10-year median of 89.30. Over the past 10 years, this metric has ranged from a low of 14.91 to a high of 173.59. The REITs industry median Net Margin % is 45.23. Stor-Age Property REIT's value of 83.26% is 84.1% above this industry median. Based on the distribution chart, Stor-Age Property REIT ranks #279 out of 928 companies in the REITs industry, which is above the industry midpoint. Overall, Stor-Age Property REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stor-Age Property REIT's Net Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Stor-Age Property REIT ranks #279 out of 928 companies for Net Margin %. This puts Stor-Age Property REIT in the upper half of its industry. The industry median Net Margin % is 45.23. Stor-Age Property REIT's value of 83.26% is 84.1% above this benchmark. Historically, Stor-Age Property REIT's own Net Margin % has ranged from 14.91 to 173.59 over the past decade. While the company's 10-year median is 89.30 vs. the industry median of 45.23, Stor-Age Property REIT 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 45.23, 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. Stor-Age Property REIT's current Net Margin % of 83.26% is 84.1% 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 Stor-Age Property REIT 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. Stor-Age Property REIT's current Net Margin % is 83.26%, which is near median its own 10-year median of 89.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stor-Age Property REIT stock overvalued right now?
Based on GuruFocus' analysis, Stor-Age Property REIT (JSE:SSS) is currently considered Fairly Valued. The stock's GF Value™ is R16.22, compared to a current price of R17.20 — trading 6% above its estimated fair value. The current Net Margin % is 83.26%, which is near median its 10-year median of 89.30 and 84.1% above the REITs industry median of 45.23. Stor-Age Property REIT's overall GF Score™ is 77/100 with 7 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 Stor-Age Property REIT (JSE:SSS), the current Net Margin % is 83.26% as of Mar. 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 Stor-Age Property REIT (JSE:SSS) Overvalued in 2026?
Based on GuruFocus' analysis, Stor-Age Property REIT stock appears to be overvalued.
The current stock price of R17.20 is trading 6% above its estimated GF Value™ of R16.22.
GuruFocus considers Stor-Age Property REIT to be Fairly Valued.
Key valuation signals for JSE:SSS:
Net Margin %: 83.26% (near median its 10-year median of 89.30)
GF Value™: R16.22 vs. price of R17.20 (6% above fair value)
Industry Position: 84.1% above the REITs median (#279 of 928)
No single metric tells the full story. See the JSE:SSS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.
77GF Score
Get the complete analysis for JSE:SSS
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:SSS has been successfully added to your 
