Samsonite GroupSMSGY -3.63%74 Net Margin % is 3.88% as of Mar. 2026, which is 55% below its 10-year median of 8.68. GuruFocus rates SMSGY with a GF Score™ of 74/100 and a GF Value™ of $15.03 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, Samsonite Group ranks better than 77.47% on this metric.
Samsonite Group (OTCPK:SMSGY) 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.
Samsonite Group Net Margin % Related Terms
Samsonite Group Net Margin % Historical Data
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The historical data trend for Samsonite 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 Footwear & Accessories subindustry, Samsonite 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.
Samsonite Group Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsonite Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Samsonite 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.
Samsonite Group (SMSGY) has a Net Margin % of 3.88% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Samsonite Group and its competitors. This is 55% below median its historical median of 8.68. According to the industry distribution chart, Samsonite Group ranks #235 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.5%.
Is Samsonite Group's Net Margin % too high?
Samsonite Group's current Net Margin % of 3.88% is 55% below median its 10-year median of 8.68. The Manufacturing - Apparel & Accessories industry median Net Margin % is 2.60. Samsonite Group's value of 3.88% is 49.2% above this industry median. Based on the distribution chart, Samsonite Group ranks #235 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Samsonite Group has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Samsonite Group's Net Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Samsonite Group ranks #235 out of 1043 companies for Net Margin %. This places Samsonite Group in the top 23% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.60. Samsonite Group's value of 3.88% is 49.2% above this benchmark. While the company's 10-year median is 8.68 vs. the industry median of 2.60, Samsonite 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 Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.60, based on 1,043 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. Samsonite Group's current Net Margin % of 3.88% is 49.2% 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 Samsonite Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samsonite Group's current Net Margin % is 3.88%, which is 55% below median its own 10-year median of 8.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samsonite Group stock overvalued right now?
Based on GuruFocus' analysis, Samsonite Group (SMSGY) is currently considered Possible Value Trap. The stock's GF Value™ is $15.03, compared to a current price of $9.16 — trading 39.1% below its estimated fair value. The current Net Margin % is 3.88%, which is 55% below median its 10-year median of 8.68 and 49.2% above the Manufacturing - Apparel & Accessories industry median of 2.60. Samsonite Group's overall GF Score™ is 74/100 with 2 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 Samsonite Group (SMSGY), the current Net Margin % is 3.88% 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 Samsonite Group (SMSGY) Overvalued in 2026?
Based on GuruFocus' analysis, Samsonite Group stock appears to be undervalued.
The current stock price of $9.16 is trading 39.1% below its estimated GF Value™ of $15.03.
GuruFocus considers Samsonite Group to be Possible Value Trap.
Key valuation signals for SMSGY:
Net Margin %: 3.88% (55% below median its 10-year median of 8.68)
GF Value™: $15.03 vs. price of $9.16 (39.1% below fair value)
Industry Position: 49.2% above the Manufacturing - Apparel & Accessories median (#235 of 1043)
No single metric tells the full story. See the SMSGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Samsonite holds approximately 19% of the global luggage market. The company produces and sells travel luggage under a portfolio of brands—including Tumi, Samsonite, and American Tourister—targeting a range of consumer segments. While the majority of its products are manufactured by third-party suppliers in China and Southeast Asia, Samsonite also produces select proprietary materials in-house.
74GF Score
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