KWIPF (Kiwi Property Group) Net Margin %: 30.63% (As of Mar. 2026) — 11% Below Median


KWIPF Kiwi Property Group Ltd KWIPF
41 GF Score
Price $0.54
GF Value $0.48
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Kiwi Property Group Net Margin %?

Kiwi Property Group KWIPF 41 Net Margin % is 30.63% as of Mar. 2026, which is 11% below its 10-year median of 34.44. GuruFocus rates KWIPF with a GF Score™ of 41/100 and a GF Value™ of $0.48 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 928 REITs companies, Kiwi Property Group ranks worse than 70.58% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Kiwi Property Group's Net Income for the six months ended in Mar. 2026 was $23.8 Mil. Kiwi Property Group's Revenue for the six months ended in Mar. 2026 was $77.6 Mil. Therefore, Kiwi Property Group's net margin for the quarter that ended in Mar. 2026 was 30.63%.

The historical rank and industry rank for Kiwi Property Group's Net Margin % or its related term are showing as below:

KWIPF' s Net Margin % Range Over the Past 10 Years
Min: -88.76   Med: 34.44   Max: 91.51
Current: 18.87


KWIPF's Net Margin % is ranked worse than
70.58% of 928 companies
in the REITs industry
Industry Median: 44.95 vs KWIPF: 18.87

Kiwi Property Group  (OTCPK:KWIPF) 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.


Kiwi Property Group Net Margin % Related Terms


Kiwi Property Group Net Margin % Historical Data

* Premium members only.

The historical data trend for Kiwi Property Group'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.

Kiwi Property Group Net Margin % Chart

Kiwi Property Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.51 -88.76 -0.88 21.96 18.87

Kiwi Property Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 27.58 34.19 10.35 7.29 30.63

KWIPF vs VICI, WPC, BNL: Net Margin % Comparison

For the REIT - Diversified subindustry, Kiwi Property Group'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.


Kiwi Property Group Net Margin % vs REITs Industry

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

* The bar in red indicates where Kiwi Property Group's Net Margin % falls into.


KWIPF
41GF Score
Kiwi Property Group Ltd KWIPF
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kiwi Property Group 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.

Kiwi Property Group's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=29.502/156.343
=18.87 %

Kiwi Property Group's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=23.758/77.557
=30.63 %

* 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 30.63% mean?
Kiwi Property Group (KWIPF) has a Net Margin % of 30.63% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Kiwi Property Group and its competitors. This is 11% below median its historical median of 34.44. According to the industry distribution chart, Kiwi Property Group ranks #655 out of 928 companies in the REITs industry, placing it in the top 70.6%.
Is Kiwi Property Group's Net Margin % too high?
Kiwi Property Group's current Net Margin % of 30.63% is 11% below median its 10-year median of 34.44. The REITs industry median Net Margin % is 44.95. Kiwi Property Group's value of 30.63% is 31.9% below this industry median. Based on the distribution chart, Kiwi Property Group ranks #655 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Kiwi Property Group has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #655 out of 928 companies for Net Margin %. This places Kiwi Property Group in the lower half of its industry. The industry median Net Margin % is 44.95. Kiwi Property Group's value of 30.63% is 31.9% below this benchmark. While the company's 10-year median is 34.44 vs. the industry median of 44.95, Kiwi Property Group 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. Kiwi Property Group's current Net Margin % of 30.63% is 31.9% 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 Kiwi Property Group 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. Kiwi Property Group's current Net Margin % is 30.63%, which is 11% below median its own 10-year median of 34.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.48, compared to a current price of $0.54 — trading 12.5% above its estimated fair value. The current Net Margin % is 30.63%, which is 11% below median its 10-year median of 34.44 and 31.9% below the REITs industry median of 44.95. Kiwi Property Group's overall GF Score™ is 41/100 with 10 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 Kiwi Property Group (KWIPF), the current Net Margin % is 30.63% 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 Kiwi Property Group (KWIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued. The current stock price of $0.54 is trading 12.5% above its estimated GF Value™ of $0.48. GuruFocus considers Kiwi Property Group to be Modestly Overvalued.

Key valuation signals for KWIPF:

  • Net Margin %: 30.63% (11% below median its 10-year median of 34.44)
  • GF Value™: $0.48 vs. price of $0.54 (12.5% above fair value)
  • GF Score™: 41/100 with 10 warning signs
  • Industry Position: 31.9% below the REITs median (#655 of 928)

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


Kiwi Property Group Business Description

Industry Real EstateREITs
Other Exchanges KPG:New Zealand
Address 48 Shortland Street, P.O. Box 2071, Level 7, Vero Centre, Auckland, NTL, NZL, 1140
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
41GF Score

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

$0.54
Price
$0.48
GF Value