SygniaJSE:SYG 69 Net Margin % is 35.00% as of Mar. 2026, which is 10% above its 10-year median of 31.90. GuruFocus rates JSE:SYG with a GF Score™ of 69/100 and a GF Value™ of R28.33 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 112 Diversified Financial Services companies, Sygnia ranks better than 83.93% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Sygnia's Net Income for the
six
months ended in Mar. 2026 was R216 Mil. Sygnia's Revenue for the
six
months ended in Mar. 2026 was R616 Mil. Therefore, Sygnia's net margin for the quarter that ended in Mar. 2026 was 35.00%.
The historical rank and industry rank for Sygnia's Net Margin % or its related term are showing as below:
JSE:SYG'
s Net Margin % Range Over the Past 10 Years
Min: 1.88 Med: 31.9 Max: 36.64
Current: 35.84
JSE:SYG's Net Margin % is ranked better than 83.93% of 112
companies
in the Diversified Financial Services industry
Industry Median: 8.24
vs JSE:SYG: 35.84
Sygnia (JSE:SYG) 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.
Sygnia Net Margin % Related Terms
Sygnia Net Margin % Historical Data
* Premium members only.
The historical data trend for Sygnia'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.
For the Financial Conglomerates subindustry, Sygnia'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.
Sygnia Net Margin % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Sygnia's Net Margin % distribution charts can be found below:
* The bar in red indicates where Sygnia'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.
Sygnia (JSE:SYG) has a Net Margin % of 35.00% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Sygnia and its competitors. This is 10% above median its historical median of 31.90. Over the past decade, Sygnia's Net Margin % has ranged from 1.88 to 36.64. According to the industry distribution chart, Sygnia ranks #18 out of 112 companies in the Diversified Financial Services industry, placing it in the top 16.1%.
Is Sygnia's Net Margin % too high?
Sygnia's current Net Margin % of 35.00% is 10% above median its 10-year median of 31.90. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 36.64. The Diversified Financial Services industry median Net Margin % is 8.24. Sygnia's value of 35.00% is 324.8% above this industry median. Based on the distribution chart, Sygnia ranks #18 out of 112 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Sygnia has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sygnia's Net Margin % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Sygnia ranks #18 out of 112 companies for Net Margin %. This places Sygnia in the top 16% of its industry — outperforming the majority of peers. The industry median Net Margin % is 8.24. Sygnia's value of 35.00% is 324.8% above this benchmark. Historically, Sygnia's own Net Margin % has ranged from 1.88 to 36.64 over the past decade. While the company's 10-year median is 31.90 vs. the industry median of 8.24, Sygnia 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 Diversified Financial Services company?
The median Net Margin % among Diversified Financial Services companies is 8.24, based on 112 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. Sygnia's current Net Margin % of 35.00% is 324.8% 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 Sygnia and its competitors. For the Diversified Financial Services industry, the median Net Margin % is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sygnia's current Net Margin % is 35.00%, which is 10% above median its own 10-year median of 31.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sygnia stock overvalued right now?
Based on GuruFocus' analysis, Sygnia (JSE:SYG) is currently considered Modestly Overvalued. The stock's GF Value™ is R28.33, compared to a current price of R32.05 — trading 13.1% above its estimated fair value. The current Net Margin % is 35.00%, which is 10% above median its 10-year median of 31.90 and 324.8% above the Diversified Financial Services industry median of 8.24. Sygnia's overall GF Score™ is 69/100 with 4 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 Sygnia (JSE:SYG), the current Net Margin % is 35.00% 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 Sygnia (JSE:SYG) Overvalued in 2026?
Based on GuruFocus' analysis, Sygnia stock appears to be overvalued.
The current stock price of R32.05 is trading 13.1% above its estimated GF Value™ of R28.33.
GuruFocus considers Sygnia to be Modestly Overvalued.
Key valuation signals for JSE:SYG:
Net Margin %: 35.00% (10% above median its 10-year median of 31.90)
GF Value™: R28.33 vs. price of R32.05 (13.1% above fair value)
Industry Position: 324.8% above the Diversified Financial Services median (#18 of 112)
No single metric tells the full story. See the JSE:SYG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sygnia Ltd is a specialist financial services company. The company provides investment management and administration solutions to institutional and retail clients located predominantly in South Africa. Its main investment services include domestic and international multi-manager and index-tracking products, customized investment design and management, transition management, and investment administration services. The company operates in Cape Town, Johannesburg, Durban, London, with Maximum of its revenue from South Africa.
69GF Score
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