First Property GroupLSE:FPO +3.77%43 Net Margin % is 29.92% as of Mar. 2026, which is 12% above its 10-year median of 26.76. GuruFocus rates LSE:FPO with a GF Score™ of 43/100 and a GF Value™ of £0.16 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,755 Real Estate companies, First Property Group ranks better than 76.35% on this metric.
The historical rank and industry rank for First Property Group's Net Margin % or its related term are showing as below:
LSE:FPO'
s Net Margin % Range Over the Past 10 Years
Min: -61.47 Med: 26.76 Max: 78.42
Current: 31.27
LSE:FPO's Net Margin % is ranked better than 76.35% of 1755
companies
in the Real Estate industry
Industry Median: 8.03
vs LSE:FPO: 31.27
First Property Group (LSE:FPO) 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.
First Property Group Net Margin % Related Terms
First Property Group Net Margin % Historical Data
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The historical data trend for First 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.
For the Real Estate Services subindustry, First 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.
First Property Group Net Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, First Property Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where First Property Group'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.
First Property Group (LSE:FPO) has a Net Margin % of 29.92% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on First Property Group and its competitors. This is 12% above median its historical median of 26.76. According to the industry distribution chart, First Property Group ranks #415 out of 1755 companies in the Real Estate industry, placing it in the top 23.6%.
Is First Property Group's Net Margin % too high?
First Property Group's current Net Margin % of 29.92% is 12% above median its 10-year median of 26.76. The Real Estate industry median Net Margin % is 8.03. First Property Group's value of 29.92% is 272.6% above this industry median. Based on the distribution chart, First Property Group ranks #415 out of 1755 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, First Property Group has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Property Group's Net Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, First Property Group ranks #415 out of 1755 companies for Net Margin %. This places First Property Group in the top 24% of its industry — outperforming the majority of peers. The industry median Net Margin % is 8.03. First Property Group's value of 29.92% is 272.6% above this benchmark. While the company's 10-year median is 26.76 vs. the industry median of 8.03, First Property Group 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 Real Estate company?
The median Net Margin % among Real Estate companies is 8.03, based on 1,755 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. First Property Group's current Net Margin % of 29.92% is 272.6% 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 First Property Group and its competitors. For the Real Estate industry, the median Net Margin % is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Property Group's current Net Margin % is 29.92%, which is 12% above median its own 10-year median of 26.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Property Group stock overvalued right now?
Based on GuruFocus' analysis, First Property Group (LSE:FPO) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.16, compared to a current price of £0.14 — trading 14.1% below its estimated fair value. The current Net Margin % is 29.92%, which is 12% above median its 10-year median of 26.76 and 272.6% above the Real Estate industry median of 8.03. First Property Group's overall GF Score™ is 43/100 with 5 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 First Property Group (LSE:FPO), the current Net Margin % is 29.92% 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 First Property Group (LSE:FPO) Overvalued in 2026?
Based on GuruFocus' analysis, First Property Group stock appears to be undervalued.
The current stock price of £0.14 is trading 14.1% below its estimated GF Value™ of £0.16.
GuruFocus considers First Property Group to be Modestly Undervalued.
Key valuation signals for LSE:FPO:
Net Margin %: 29.92% (12% above median its 10-year median of 26.76)
GF Value™: £0.16 vs. price of £0.14 (14.1% below fair value)
Industry Position: 272.6% above the Real Estate median (#415 of 1755)
No single metric tells the full story. See the LSE:FPO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Property Group PLC is a property fund manager and investor with operations in the United Kingdom and Central Europe mainly in Poland. The company is organized into three segments including Property Fund Management, Group Properties, and the Associates and Investments. It generates the majority of its revenue from the Group Properties segment. The Group Properties segment comprises the revenues and profits from its trading in its properties including rental and service charge income from the properties owned by the company.
43GF Score
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