Texton Property FundJSE:TEX 53 Net Margin % is 18.04% as of Dec. 2025, which is 440% above its 10-year median of 3.34. GuruFocus rates JSE:TEX with a GF Score™ of 53/100 and a GF Value™ of R2.45 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 928 REITs companies, Texton Property Fund ranks worse than 59.05% on this metric.
The historical rank and industry rank for Texton Property Fund's Net Margin % or its related term are showing as below:
JSE:TEX'
s Net Margin % Range Over the Past 10 Years
Min: -96.81 Med: 3.34 Max: 56.6
Current: 36.66
JSE:TEX's Net Margin % is ranked worse than 59.05% of 928
companies
in the REITs industry
Industry Median: 44.95
vs JSE:TEX: 36.66
Texton Property Fund (JSE:TEX) 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.
Texton Property Fund Net Margin % Related Terms
Texton Property Fund Net Margin % Historical Data
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The historical data trend for Texton Property Fund'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 REIT - Office subindustry, Texton Property Fund'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.
Texton Property Fund Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Texton Property Fund's Net Margin % distribution charts can be found below:
* The bar in red indicates where Texton Property Fund'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.
Texton Property Fund (JSE:TEX) has a Net Margin % of 18.04% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Texton Property Fund and its competitors. This is 440% above median its historical median of 3.34. According to the industry distribution chart, Texton Property Fund ranks #548 out of 928 companies in the REITs industry, placing it in the top 59.1%.
Is Texton Property Fund's Net Margin % too high?
Texton Property Fund's current Net Margin % of 18.04% is 440% above median its 10-year median of 3.34. The REITs industry median Net Margin % is 44.95. Texton Property Fund's value of 18.04% is 59.9% below this industry median. Based on the distribution chart, Texton Property Fund ranks #548 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Texton Property Fund has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texton Property Fund's Net Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Texton Property Fund ranks #548 out of 928 companies for Net Margin %. This places Texton Property Fund in the lower half of its industry. The industry median Net Margin % is 44.95. Texton Property Fund's value of 18.04% is 59.9% below this benchmark. While the company's 10-year median is 3.34 vs. the industry median of 44.95, Texton Property Fund 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 44.95, 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. Texton Property Fund's current Net Margin % of 18.04% is 59.9% 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 Texton Property Fund and its competitors. For the REITs industry, the median Net Margin % is 44.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texton Property Fund's current Net Margin % is 18.04%, which is 440% above median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texton Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Texton Property Fund (JSE:TEX) is currently considered Modestly Overvalued. The stock's GF Value™ is R2.45, compared to a current price of R3.00 — trading 22.4% above its estimated fair value. The current Net Margin % is 18.04%, which is 440% above median its 10-year median of 3.34 and 59.9% below the REITs industry median of 44.95. Texton Property Fund's overall GF Score™ is 53/100 with 6 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 Texton Property Fund (JSE:TEX), the current Net Margin % is 18.04% 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 Texton Property Fund (JSE:TEX) Overvalued in 2026?
Based on GuruFocus' analysis, Texton Property Fund stock appears to be overvalued.
The current stock price of R3.00 is trading 22.4% above its estimated GF Value™ of R2.45.
GuruFocus considers Texton Property Fund to be Modestly Overvalued.
Key valuation signals for JSE:TEX:
Net Margin %: 18.04% (440% above median its 10-year median of 3.34)
GF Value™: R2.45 vs. price of R3.00 (22.4% above fair value)
Industry Position: 59.9% below the REITs median (#548 of 928)
No single metric tells the full story. See the JSE:TEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texton Property Fund Ltd is a Real Estate Investment Trust that provides shareholders with access to a diversified portfolio of direct and indirect global real estate investments. The portfolio aims to deliver long-term income and capital growth. The core objective is to deliver sustainable, risk-adjusted returns to stakeholders through disciplined capital allocation, strategic asset management, and value-driven investments. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and international investments. Direct property investments are split into office, retail, and industrial.
53GF Score
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