Singapore ExchangeSTU:SOU -2.99%78 Net Margin % is 46.55% as of Dec. 2025, which is 8% above its 10-year median of 43.00. GuruFocus rates STU:SOU with a GF Score™ of 78/100 and a GF Value™ of €8.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 774 Capital Markets companies, Singapore Exchange ranks better than 82.3% on this metric.
The historical rank and industry rank for Singapore Exchange's Net Margin % or its related term are showing as below:
STU:SOU'
s Net Margin % Range Over the Past 10 Years
Min: 41.07 Med: 43 Max: 48.54
Current: 45.68
STU:SOU's Net Margin % is ranked better than 82.3% of 774
companies
in the Capital Markets industry
Industry Median: 14.305
vs STU:SOU: 45.68
Singapore Exchange (STU:SOU) 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.
Singapore Exchange Net Margin % Related Terms
Singapore Exchange Net Margin % Historical Data
* Premium members only.
The historical data trend for Singapore Exchange'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.
STU:SOU vs SPGI, CME, ICE: Net Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, Singapore Exchange'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.
Singapore Exchange Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Singapore Exchange's Net Margin % distribution charts can be found below:
* The bar in red indicates where Singapore Exchange'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.
Singapore Exchange (STU:SOU) has a Net Margin % of 46.55% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Singapore Exchange and its competitors. This is near median its historical median of 43.00. Over the past decade, Singapore Exchange's Net Margin % has ranged from 41.07 to 48.54. According to the industry distribution chart, Singapore Exchange ranks #137 out of 774 companies in the Capital Markets industry, placing it in the top 17.7%.
Is Singapore Exchange's Net Margin % too high?
Singapore Exchange's current Net Margin % of 46.55% is near median its 10-year median of 43.00. Over the past 10 years, this metric has ranged from a low of 41.07 to a high of 48.54. The Capital Markets industry median Net Margin % is 14.31. Singapore Exchange's value of 46.55% is 225.4% above this industry median. Based on the distribution chart, Singapore Exchange ranks #137 out of 774 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Singapore Exchange has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Exchange's Net Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Singapore Exchange ranks #137 out of 774 companies for Net Margin %. This places Singapore Exchange in the top 18% of its industry — outperforming the majority of peers. The industry median Net Margin % is 14.31. Singapore Exchange's value of 46.55% is 225.4% above this benchmark. Historically, Singapore Exchange's own Net Margin % has ranged from 41.07 to 48.54 over the past decade. While the company's 10-year median is 43.00 vs. the industry median of 14.31, Singapore Exchange 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 Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.31, based on 774 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. Singapore Exchange's current Net Margin % of 46.55% is 225.4% 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 Singapore Exchange and its competitors. For the Capital Markets industry, the median Net Margin % is 14.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Exchange's current Net Margin % is 46.55%, which is near median its own 10-year median of 43.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Exchange stock overvalued right now?
Based on GuruFocus' analysis, Singapore Exchange (STU:SOU) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.61, compared to a current price of €16.20 — trading 88.2% above its estimated fair value. The current Net Margin % is 46.55%, which is near median its 10-year median of 43.00 and 225.4% above the Capital Markets industry median of 14.31. Singapore Exchange's overall GF Score™ is 78/100 with 5 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 Singapore Exchange (STU:SOU), the current Net Margin % is 46.55% 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 Singapore Exchange (STU:SOU) Overvalued in 2026?
Based on GuruFocus' analysis, Singapore Exchange stock appears to be overvalued.
The current stock price of €16.20 is trading 88.2% above its estimated GF Value™ of €8.61.
GuruFocus considers Singapore Exchange to be Significantly Overvalued.
Key valuation signals for STU:SOU:
Net Margin %: 46.55% (near median its 10-year median of 43.00)
GF Value™: €8.61 vs. price of €16.20 (88.2% above fair value)
Industry Position: 225.4% above the Capital Markets median (#137 of 774)
No single metric tells the full story. See the STU:SOU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Singapore Exchange is a vertically integrated securities exchange business, offering listing-, data-, trading-, clearing- and settlement services across equities, debt and derivatives. Singapore Exchange, like Singapore itself, is remarkably outward-facing and offers some of the most liquid and widely traded equity derivative products for various regional markets, including the FTSE China A50 Index Futures.
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