VBLMAL:VBL 62 Net Margin % is 36.48% as of Dec. 2025, which is 5% above its 10-year median of 34.80. GuruFocus rates MAL:VBL with a GF Score™ of 62/100 and a GF Value™ of €0.15 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,754 Real Estate companies, VBL ranks better than 73.09% on this metric.
Net margin is calculated as Net Income divided by its Revenue. VBL's Net Income for the
six
months ended in Dec. 2025 was €1.46 Mil. VBL's Revenue for the
six
months ended in Dec. 2025 was €3.99 Mil. Therefore, VBL's net margin for the quarter that ended in Dec. 2025 was 36.48%.
The historical rank and industry rank for VBL's Net Margin % or its related term are showing as below:
MAL:VBL'
s Net Margin % Range Over the Past 10 Years
Min: -65.94 Med: 34.8 Max: 544.78
Current: 25.73
MAL:VBL's Net Margin % is ranked better than 73.09% of 1754
companies
in the Real Estate industry
Industry Median: 8.035
vs MAL:VBL: 25.73
VBL (MAL:VBL) 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.
VBL Net Margin % Related Terms
VBL Net Margin % Historical Data
* Premium members only.
The historical data trend for VBL'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 - Diversified subindustry, VBL'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.
VBL Net Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, VBL's Net Margin % distribution charts can be found below:
* The bar in red indicates where VBL'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.
VBL (MAL:VBL) has a Net Margin % of 36.48% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on VBL and its competitors. This is near median its historical median of 34.80. According to the industry distribution chart, VBL ranks #472 out of 1754 companies in the Real Estate industry, placing it in the top 26.9%.
Is VBL's Net Margin % too high?
VBL's current Net Margin % of 36.48% is near median its 10-year median of 34.80. The Real Estate industry median Net Margin % is 8.04. VBL's value of 36.48% is 354% above this industry median. Based on the distribution chart, VBL ranks #472 out of 1754 companies in the Real Estate industry, which is above the industry midpoint. Overall, VBL has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VBL's Net Margin % compare to competitors?
According to the Real Estate industry distribution chart, VBL ranks #472 out of 1754 companies for Net Margin %. This puts VBL in the upper half of its industry. The industry median Net Margin % is 8.04. VBL's value of 36.48% is 354% above this benchmark. While the company's 10-year median is 34.80 vs. the industry median of 8.04, VBL 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 8.04, based on 1,754 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. VBL's current Net Margin % of 36.48% is 354% 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 VBL and its competitors. For the Real Estate industry, the median Net Margin % is 8.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VBL's current Net Margin % is 36.48%, which is near median its own 10-year median of 34.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VBL stock overvalued right now?
Based on GuruFocus' analysis, VBL (MAL:VBL) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.15, compared to a current price of €0.23 — trading 52% above its estimated fair value. The current Net Margin % is 36.48%, which is near median its 10-year median of 34.80 and 354% above the Real Estate industry median of 8.04. VBL's overall GF Score™ is 62/100 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 VBL (MAL:VBL), the current Net Margin % is 36.48% 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 VBL (MAL:VBL) Overvalued in 2026?
Based on GuruFocus' analysis, VBL stock appears to be overvalued.
The current stock price of €0.23 is trading 52% above its estimated GF Value™ of €0.15.
GuruFocus considers VBL to be Significantly Overvalued.
Key valuation signals for MAL:VBL:
Net Margin %: 36.48% (near median its 10-year median of 34.80)
GF Value™: €0.15 vs. price of €0.23 (52% above fair value)
Industry Position: 354% above the Real Estate median (#472 of 1754)
No single metric tells the full story. See the MAL:VBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VBL PLC is a private owner of real estate in Valletta with a diversified portfolio of residential, hospitality, commercial, and office space. It is involved in property ownership and the full process of real estate acquisitions, integrated real estate development, property management, operations, utilisation (rental), and disposal of properties. Some of its projects include Palazzo Stella Valletta, Casa San Domenico, Orangery Phase 1, Silver Horse Phase 1 - The Gut, Dormitory, Palazzo Zoe, and Old Lodge. Its services include Hospitality Management, Property Management and Operations, and Development. The firm generates the majority of its revenue from Rental Income.
62GF Score
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