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Bulgarian Stock Exchange ADXBUL:BSE 79 Net Margin % is 54.78% as of Mar. 2026, which is 44% above its 10-year median of 37.94. GuruFocus rates XBUL:BSE with a GF Score™ of 79/100 and a GF Value™ of €9.82 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 776 Capital Markets companies, Bulgarian Stock Exchange AD ranks better than 87.11% on this metric.
The historical rank and industry rank for Bulgarian Stock Exchange AD's Net Margin % or its related term are showing as below:
XBUL:BSE'
s Net Margin % Range Over the Past 10 Years
Min: 3.61 Med: 37.94 Max: 88.24
Current: 58.5
XBUL:BSE's Net Margin % is ranked better than 87.11% of 776
companies
in the Capital Markets industry
Industry Median: 14.81
vs XBUL:BSE: 58.50
Bulgarian Stock Exchange AD (XBUL:BSE) 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.
Bulgarian Stock Exchange AD Net Margin % Related Terms
Bulgarian Stock Exchange AD 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.
XBUL:BSE vs SPGI, CME, ICE: Net Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, Bulgarian Stock Exchange AD'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.
Bulgarian Stock Exchange AD Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bulgarian Stock Exchange AD's Net Margin % distribution charts can be found below:
* The bar in red indicates where Bulgarian Stock Exchange AD'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.
Bulgarian Stock Exchange AD (XBUL:BSE) has a Net Margin % of 54.78% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Bulgarian Stock Exchange AD and its competitors. This is 44% above median its historical median of 37.94. Over the past decade, Bulgarian Stock Exchange AD's Net Margin % has ranged from 3.61 to 88.24. According to the industry distribution chart, Bulgarian Stock Exchange AD ranks #100 out of 776 companies in the Capital Markets industry, placing it in the top 12.9%.
Is Bulgarian Stock Exchange AD's Net Margin % too high?
Bulgarian Stock Exchange AD's current Net Margin % of 54.78% is 44% above median its 10-year median of 37.94. Over the past 10 years, this metric has ranged from a low of 3.61 to a high of 88.24. The Capital Markets industry median Net Margin % is 14.81. Bulgarian Stock Exchange AD's value of 54.78% is 269.9% above this industry median. Based on the distribution chart, Bulgarian Stock Exchange AD ranks #100 out of 776 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bulgarian Stock Exchange AD has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Stock Exchange AD's Net Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bulgarian Stock Exchange AD ranks #100 out of 776 companies for Net Margin %. This places Bulgarian Stock Exchange AD in the top 13% of its industry — outperforming the majority of peers. The industry median Net Margin % is 14.81. Bulgarian Stock Exchange AD's value of 54.78% is 269.9% above this benchmark. Historically, Bulgarian Stock Exchange AD's own Net Margin % has ranged from 3.61 to 88.24 over the past decade. While the company's 10-year median is 37.94 vs. the industry median of 14.81, Bulgarian Stock Exchange AD 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 14.81, based on 776 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. Bulgarian Stock Exchange AD's current Net Margin % of 54.78% is 269.9% 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 Bulgarian Stock Exchange AD and its competitors. For the Capital Markets industry, the median Net Margin % is 14.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian Stock Exchange AD's current Net Margin % is 54.78%, which is 44% above median its own 10-year median of 37.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Stock Exchange AD stock overvalued right now?
Based on GuruFocus' analysis, Bulgarian Stock Exchange AD (XBUL:BSE) is currently considered Possible Value Trap. The stock's GF Value™ is €9.82, compared to a current price of €6.92 — trading 29.5% below its estimated fair value. The current Net Margin % is 54.78%, which is 44% above median its 10-year median of 37.94 and 269.9% above the Capital Markets industry median of 14.81. Bulgarian Stock Exchange AD's overall GF Score™ is 79/100 with 7 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 Bulgarian Stock Exchange AD (XBUL:BSE), the current Net Margin % is 54.78% 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 Bulgarian Stock Exchange AD (XBUL:BSE) Overvalued in 2026?
Based on GuruFocus' analysis, Bulgarian Stock Exchange AD stock appears to be undervalued.
The current stock price of €6.92 is trading 29.5% below its estimated GF Value™ of €9.82.
GuruFocus considers Bulgarian Stock Exchange AD to be Possible Value Trap.
Key valuation signals for XBUL:BSE:
Net Margin %: 54.78% (44% above median its 10-year median of 37.94)
GF Value™: €9.82 vs. price of €6.92 (29.5% below fair value)
Industry Position: 269.9% above the Capital Markets median (#100 of 776)
No single metric tells the full story. See the XBUL:BSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bulgarian Stock Exchange AD is functioning stock exchange in Bulgaria. The principal activity of the group is to organize trade in securities and other financial instruments; organize and maintain an information system for security deals; and establish and maintain a clearing system. It has aggregated its operations into three reportable segments - Trading in Financial Instruments, Information Services, and Registration of Issues for Trading. It offers a wide range of RSS information services to serve the corporate clients, such as data-vendors, investment intermediaries, and issuers. The group performs their activities in Bulgaria only.
79GF Score
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