ScalesNZSE:SCL -3.00%99 Net Margin % is 9.85% as of Dec. 2025, which is 48% above its 10-year median of 6.67. GuruFocus rates NZSE:SCL with a GF Score™ of 99/100 and a GF Value™ of NZ$6.67 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, Scales ranks better than 82.84% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Scales's Net Income for the
six
months ended in Dec. 2025 was NZ$52.4 Mil. Scales's Revenue for the
six
months ended in Dec. 2025 was NZ$531.9 Mil. Therefore, Scales's net margin for the quarter that ended in Dec. 2025 was 9.85%.
The historical rank and industry rank for Scales's Net Margin % or its related term are showing as below:
NZSE:SCL'
s Net Margin % Range Over the Past 10 Years
Min: 0.92 Med: 6.67 Max: 24.53
Current: 11.15
NZSE:SCL's Net Margin % is ranked better than 82.84% of 1952
companies
in the Consumer Packaged Goods industry
Industry Median: 3.495
vs NZSE:SCL: 11.15
Scales (NZSE:SCL) 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.
Scales Net Margin % Related Terms
Scales Net Margin % Historical Data
* Premium members only.
The historical data trend for Scales'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.
NZSE:SCL vs KHC, GIS, JBS: Net Margin % Comparison
For the Packaged Foods subindustry, Scales'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.
Scales Net Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Scales's Net Margin % distribution charts can be found below:
* The bar in red indicates where Scales'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.
Scales (NZSE:SCL) has a Net Margin % of 9.85% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Scales and its competitors. This is 48% above median its historical median of 6.67. Over the past decade, Scales' Net Margin % has ranged from 0.92 to 24.53. According to the industry distribution chart, Scales ranks #335 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 17.2%.
Is Scales' Net Margin % too high?
Scales' current Net Margin % of 9.85% is 48% above median its 10-year median of 6.67. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 24.53. The Consumer Packaged Goods industry median Net Margin % is 3.50. Scales' value of 9.85% is 181.8% above this industry median. Based on the distribution chart, Scales ranks #335 out of 1952 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Scales has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scales' Net Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Scales ranks #335 out of 1952 companies for Net Margin %. This places Scales in the top 17% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.50. Scales' value of 9.85% is 181.8% above this benchmark. Historically, Scales' own Net Margin % has ranged from 0.92 to 24.53 over the past decade. While the company's 10-year median is 6.67 vs. the industry median of 3.50, Scales 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 Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.50, based on 1,952 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. Scales's current Net Margin % of 9.85% is 181.8% 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 Scales and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scales's current Net Margin % is 9.85%, which is 48% above median its own 10-year median of 6.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scales stock overvalued right now?
Based on GuruFocus' analysis, Scales (NZSE:SCL) is currently considered Fairly Valued. The stock's GF Value™ is NZ$6.67, compared to a current price of NZ$6.15 — trading 7.8% below its estimated fair value. The current Net Margin % is 9.85%, which is 48% above median its 10-year median of 6.67 and 181.8% above the Consumer Packaged Goods industry median of 3.50. Scales' overall GF Score™ is 99/100 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 Scales (NZSE:SCL), the current Net Margin % is 9.85% 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 Scales (NZSE:SCL) Overvalued in 2026?
Based on GuruFocus' analysis, Scales stock appears to be undervalued.
The current stock price of NZ$6.15 is trading 7.8% below its estimated GF Value™ of NZ$6.67.
GuruFocus considers Scales to be Fairly Valued.
Key valuation signals for NZSE:SCL:
Net Margin %: 9.85% (48% above median its 10-year median of 6.67)
GF Value™: NZ$6.67 vs. price of NZ$6.15 (7.8% below fair value)
Industry Position: 181.8% above the Consumer Packaged Goods median (#335 of 1952)
No single metric tells the full story. See the NZSE:SCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scales Corp Ltd is a company engaged in agribusiness activities. It is principally engaged in the manufacture and trade of food ingredients, growing apples, operating processing facilities, exporting products, providing logistics services and providing insurance services to companies within the Group. The company's operating segments are Global Proteins, Horticulture, Logistics, and Others. The majority of the revenue for the company is generated from the Global Proteins segment, which is engaged in the processing and marketing of proteins such as pet food ingredients, edible meat, and offal products. Geographically, the company generates the maximum revenue from Asia and the rest from New Zealand, North America, Europe, and other regions.
99GF Score
Get the complete analysis for NZSE:SCL
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NZSE:SCL has been successfully added to your 
