National Australia BankNAUBF +18.20%66 Net Margin % is 25.25% as of Mar. 2026, which is 20% below its 10-year median of 31.39. GuruFocus rates NAUBF with a GF Score™ of 66/100 and a GF Value™ of $33.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,526 Banks companies, National Australia Bank ranks better than 55.7% on this metric.
The historical rank and industry rank for National Australia Bank's Net Margin % or its related term are showing as below:
NAUBF'
s Net Margin % Range Over the Past 10 Years
Min: 1.64 Med: 31.39 Max: 38.15
Current: 28.4
NAUBF's Net Margin % is ranked better than 55.7% of 1526
companies
in the Banks industry
Industry Median: 26.97
vs NAUBF: 28.40
National Australia Bank (OTCPK:NAUBF) 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.
National Australia Bank Net Margin % Related Terms
National Australia Bank Net Margin % Historical Data
* 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 Banks - Diversified subindustry, National Australia Bank'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.
National Australia Bank Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, National Australia Bank's Net Margin % distribution charts can be found below:
* The bar in red indicates where National Australia Bank'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.
National Australia Bank (NAUBF) has a Net Margin % of 25.25% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on National Australia Bank and its competitors. This is 20% below median its historical median of 31.39. Over the past decade, National Australia Bank's Net Margin % has ranged from 1.64 to 38.15. According to the industry distribution chart, National Australia Bank ranks #676 out of 1526 companies in the Banks industry, placing it in the top 44.3%.
Is National Australia Bank's Net Margin % too high?
National Australia Bank's current Net Margin % of 25.25% is 20% below median its 10-year median of 31.39. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 38.15. The Banks industry median Net Margin % is 26.97. National Australia Bank's value of 25.25% is 6.4% below this industry median. Based on the distribution chart, National Australia Bank ranks #676 out of 1526 companies in the Banks industry, which is above the industry midpoint. Overall, National Australia Bank has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Australia Bank's Net Margin % compare to JPM and BAC?
According to the Banks industry distribution chart, National Australia Bank ranks #676 out of 1526 companies for Net Margin %. This puts National Australia Bank in the upper half of its industry. The industry median Net Margin % is 26.97. National Australia Bank's value of 25.25% is 6.4% below this benchmark. Historically, National Australia Bank's own Net Margin % has ranged from 1.64 to 38.15 over the past decade. While the company's 10-year median is 31.39 vs. the industry median of 26.97, National Australia Bank 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 Banks company?
The median Net Margin % among Banks companies is 26.97, based on 1,526 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. National Australia Bank's current Net Margin % of 25.25% is 6.4% 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 National Australia Bank and its competitors. For the Banks industry, the median Net Margin % is 26.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Australia Bank's current Net Margin % is 25.25%, which is 20% below median its own 10-year median of 31.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Australia Bank stock overvalued right now?
Based on GuruFocus' analysis, National Australia Bank (NAUBF) is currently considered Modestly Undervalued. The stock's GF Value™ is $33.62, compared to a current price of $27.60 — trading 17.9% below its estimated fair value. The current Net Margin % is 25.25%, which is 20% below median its 10-year median of 31.39 and 6.4% below the Banks industry median of 26.97. National Australia Bank's overall GF Score™ is 66/100 with 3 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 National Australia Bank (NAUBF), the current Net Margin % is 25.25% 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 National Australia Bank (NAUBF) Overvalued in 2026?
Based on GuruFocus' analysis, National Australia Bank stock appears to be undervalued.
The current stock price of $27.60 is trading 17.9% below its estimated GF Value™ of $33.62.
GuruFocus considers National Australia Bank to be Modestly Undervalued.
Key valuation signals for NAUBF:
Net Margin %: 25.25% (20% below median its 10-year median of 31.39)
GF Value™: $33.62 vs. price of $27.60 (17.9% below fair value)
Industry Position: 6.4% below the Banks median (#676 of 1526)
No single metric tells the full story. See the NAUBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Australia Bank is the most business-focused of the four major banks, holding the largest share of business loans and the number-three spot in home loans. National Australia Bank is currently the second-largest bank by market capitalization, with the franchise covering consumer, small business, corporate, and institutional sectors. Under the UBank brand the bank also owns one of Australia's largest digital-only banks. Offshore operations in New Zealand round out the group.
66GF Score
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