BHG Retail REIT (SGX:BMGU) Net Margin %: -9.42% (As of Dec. 2025)


SGX:BMGU BHG Retail REIT SGX:BMGU
38 GF Score
Price S$0.45
GF Value S$0.40
Valuation Modestly Overvalued
! 11 Warning Signs
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What is BHG Retail REIT Net Margin %?

BHG Retail REIT SGX:BMGU 38 Net Margin % is -9.42% as of Dec. 2025. GuruFocus rates SGX:BMGU with a GF Score™ of 38/100 and a GF Value™ of S$0.40 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 930 REITs companies, BHG Retail REIT ranks worse than 83.33% on this metric.

Net margin is calculated as Net Income divided by its Revenue. BHG Retail REIT's Net Income for the six months ended in Dec. 2025 was S$-2.55 Mil. BHG Retail REIT's Revenue for the six months ended in Dec. 2025 was S$27.02 Mil. Therefore, BHG Retail REIT's net margin for the quarter that ended in Dec. 2025 was -9.42%.

The historical rank and industry rank for BHG Retail REIT's Net Margin % or its related term are showing as below:

SGX:BMGU' s Net Margin % Range Over the Past 10 Years
Min: -6.12   Med: 9.18   Max: 60.72
Current: -3.3


SGX:BMGU's Net Margin % is ranked worse than
83.33% of 930 companies
in the REITs industry
Industry Median: 45.23 vs SGX:BMGU: -3.30

BHG Retail REIT  (SGX:BMGU) 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.


BHG Retail REIT Net Margin % Related Terms


BHG Retail REIT Net Margin % Historical Data

* Premium members only.

The historical data trend for BHG Retail REIT'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.

BHG Retail REIT Net Margin % Chart

BHG Retail REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.63 9.18 -6.12 -3.75 -3.30

BHG Retail REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -17.18 3.23 -11.12 2.59 -9.42

SGX:BMGU vs SPG, O, KIM: Net Margin % Comparison

For the REIT - Retail subindustry, BHG Retail REIT'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.


BHG Retail REIT Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, BHG Retail REIT's Net Margin % distribution charts can be found below:

* The bar in red indicates where BHG Retail REIT's Net Margin % falls into.


SGX:BMGU
38GF Score
BHG Retail REIT SGX:BMGU
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BHG Retail REIT 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.

BHG Retail REIT's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-1.818/55.106
=-3.30 %

BHG Retail REIT's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-2.546/27.017
=-9.42 %

* 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 -9.42% mean?
BHG Retail REIT (SGX:BMGU) has a Net Margin % of -9.42% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on BHG Retail REIT and its competitors. According to the industry distribution chart, BHG Retail REIT ranks #775 out of 930 companies in the REITs industry, placing it in the top 83.3%.
Is BHG Retail REIT's Net Margin % too high?
BHG Retail REIT's current Net Margin % is -9.42%. Based on the distribution chart, BHG Retail REIT ranks #775 out of 930 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, BHG Retail REIT has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHG Retail REIT's Net Margin % compare to SPG and O?
According to the REITs industry distribution chart, BHG Retail REIT ranks #775 out of 930 companies for Net Margin %. This places BHG Retail REIT in the lower half of its industry. The industry median Net Margin % is 45.23. 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 45.23, based on 930 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. 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 BHG Retail REIT and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHG Retail REIT's current Net Margin % is -9.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHG Retail REIT stock overvalued right now?
Based on GuruFocus' analysis, BHG Retail REIT (SGX:BMGU) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.40, compared to a current price of S$0.45 — trading 12.5% above its estimated fair value. The current Net Margin % is -9.42%. BHG Retail REIT's overall GF Score™ is 38/100 with 11 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 BHG Retail REIT (SGX:BMGU), the current Net Margin % is -9.42% 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 BHG Retail REIT (SGX:BMGU) Overvalued in 2026?

Based on GuruFocus' analysis, BHG Retail REIT stock appears to be overvalued. The current stock price of S$0.45 is trading 12.5% above its estimated GF Value™ of S$0.40. GuruFocus considers BHG Retail REIT to be Modestly Overvalued.

Key valuation signals for SGX:BMGU:

  • Net Margin %: -9.42%
  • GF Value™: S$0.40 vs. price of S$0.45 (12.5% above fair value)
  • GF Score™: 38/100 with 11 warning signs

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


BHG Retail REIT Business Description

Industry Real EstateREITs
Address 12 Marina Boulevard, Level 44, Marina Bay Financial Centre, Tower 3, Singapore, SGP, 018982
BHG Retail REIT invests directly or indirectly, in a diversified portfolio of income-producing real estate that is used for retail purposes. Its portfolio comprises six retail properties, Beijing Wanliu Mall, Chengdu Konggang Mall, Hefei Mengchenglu Mall, Hefei Changjiangxilu, Xining Huayuan Mall and Dalian Jinsanjiao Property.
38GF Score

Get the complete analysis for SGX:BMGU

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

S$0.45
Price
S$0.40
GF Value