SpurJSE:SUR +3.22%90 Net Margin % is 7.52% as of Dec. 2025, which is 5% below its 10-year median of 7.93. GuruFocus rates JSE:SUR with a GF Score™ of 90/100 and a GF Value™ of R40.24 (Fairly Valued). The stock has 9 warning signs investors should review. Among 365 Restaurants companies, Spur ranks better than 81.37% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Spur's Net Income for the
six
months ended in Dec. 2025 was R164 Mil. Spur's Revenue for the
six
months ended in Dec. 2025 was R2,180 Mil. Therefore, Spur's net margin for the quarter that ended in Dec. 2025 was 7.52%.
The historical rank and industry rank for Spur's Net Margin % or its related term are showing as below:
JSE:SUR'
s Net Margin % Range Over the Past 10 Years
Min: 5.07 Med: 7.93 Max: 21.42
Current: 7.24
JSE:SUR's Net Margin % is ranked better than 81.37% of 365
companies
in the Restaurants industry
Industry Median: 2.12
vs JSE:SUR: 7.24
Spur (JSE:SUR) 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.
Spur Net Margin % Related Terms
Spur Net Margin % Historical Data
* Premium members only.
The historical data trend for Spur'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:SUR vs MCD, SBUX, YUM: Net Margin % Comparison
For the Restaurants subindustry, Spur'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.
Spur Net Margin % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Spur's Net Margin % distribution charts can be found below:
* The bar in red indicates where Spur'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.
Spur (JSE:SUR) has a Net Margin % of 7.52% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Spur and its competitors. This is near median its historical median of 7.93. Over the past decade, Spur's Net Margin % has ranged from 5.07 to 21.42. According to the industry distribution chart, Spur ranks #68 out of 365 companies in the Restaurants industry, placing it in the top 18.6%.
Is Spur's Net Margin % too high?
Spur's current Net Margin % of 7.52% is near median its 10-year median of 7.93. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 21.42. The Restaurants industry median Net Margin % is 2.12. Spur's value of 7.52% is 254.7% above this industry median. Based on the distribution chart, Spur ranks #68 out of 365 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Spur has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spur's Net Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Spur ranks #68 out of 365 companies for Net Margin %. This places Spur in the top 19% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.12. Spur's value of 7.52% is 254.7% above this benchmark. Historically, Spur's own Net Margin % has ranged from 5.07 to 21.42 over the past decade. While the company's 10-year median is 7.93 vs. the industry median of 2.12, Spur 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 Restaurants company?
The median Net Margin % among Restaurants companies is 2.12, based on 365 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. Spur's current Net Margin % of 7.52% is 254.7% 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 Spur and its competitors. For the Restaurants industry, the median Net Margin % is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spur's current Net Margin % is 7.52%, which is near median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spur stock overvalued right now?
Based on GuruFocus' analysis, Spur (JSE:SUR) is currently considered Fairly Valued. The stock's GF Value™ is R40.24, compared to a current price of R41.71 — trading 3.7% above its estimated fair value. The current Net Margin % is 7.52%, which is near median its 10-year median of 7.93 and 254.7% above the Restaurants industry median of 2.12. Spur's overall GF Score™ is 90/100 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 Spur (JSE:SUR), the current Net Margin % is 7.52% 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 Spur (JSE:SUR) Overvalued in 2026?
Based on GuruFocus' analysis, Spur stock appears to be overvalued.
The current stock price of R41.71 is trading 3.7% above its estimated GF Value™ of R40.24.
GuruFocus considers Spur to be Fairly Valued.
Key valuation signals for JSE:SUR:
Net Margin %: 7.52% (near median its 10-year median of 7.93)
GF Value™: R40.24 vs. price of R41.71 (3.7% above fair value)
Industry Position: 254.7% above the Restaurants median (#68 of 365)
No single metric tells the full story. See the JSE:SUR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spur Corp Ltd is a South African multi-brand restaurant franchisor. The group operates as franchisor for the Spur Steak Ranches, Panarottis Pizza Pasta, John Dory's Fish Grill Sushi, The Hussar Grill, RocoMamas (including RocoGo), Casa Bella, Nikos, Doppio Zero and Piza e Vino brands. The company's segment includes South Africa and International segment. South Africa segment include: Franchise, Manufacturing and distribution, Retail company stores, Marketing and Other. International segment include Australasia, Rest of Africa and Middle East and Marketing. Key revenue is generated from South Africa segment.
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