IGB Real Estate Investment Trust (XKLS:5227) Net Margin %: 62.30% (As of Mar. 2026) — Near Median


XKLS:5227 IGB Real Estate Investment Trust XKLS:5227
91 GF Score
Price RM2.74
GF Value RM2.62
Valuation Fairly Valued
! 2 Warning Signs
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What is IGB Real Estate Investment Trust Net Margin %?

IGB Real Estate Investment Trust XKLS:5227 +0.37% 91 Net Margin % is 62.30% as of Mar. 2026, which is 2% below its 10-year median of 63.86. GuruFocus rates XKLS:5227 with a GF Score™ of 91/100 and a GF Value™ of RM2.62 (Fairly Valued). The stock has 2 warning signs investors should review. Among 928 REITs companies, IGB Real Estate Investment Trust ranks better than 77.8% on this metric.

Net margin is calculated as Net Income divided by its Revenue. IGB Real Estate Investment Trust's Net Income for the three months ended in Mar. 2026 was RM162.8 Mil. IGB Real Estate Investment Trust's Revenue for the three months ended in Mar. 2026 was RM261.3 Mil. Therefore, IGB Real Estate Investment Trust's net margin for the quarter that ended in Mar. 2026 was 62.30%.

The historical rank and industry rank for IGB Real Estate Investment Trust's Net Margin % or its related term are showing as below:

XKLS:5227' s Net Margin % Range Over the Past 10 Years
Min: 50.1   Med: 63.86   Max: 93.68
Current: 90.16


XKLS:5227's Net Margin % is ranked better than
77.8% of 928 companies
in the REITs industry
Industry Median: 44.95 vs XKLS:5227: 90.16

IGB Real Estate Investment Trust  (XKLS:5227) 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.


IGB Real Estate Investment Trust Net Margin % Related Terms


IGB Real Estate Investment Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for IGB Real Estate Investment Trust'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.

IGB Real Estate Investment Trust Net Margin % Chart

IGB Real Estate Investment Trust 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 50.10 71.20 85.66 92.60 93.68

IGB Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 62.17 57.78 57.88 175.57 62.30

XKLS:5227 vs SPG, O, KIM: Net Margin % Comparison

For the REIT - Retail subindustry, IGB Real Estate Investment Trust'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.


IGB Real Estate Investment Trust Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, IGB Real Estate Investment Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where IGB Real Estate Investment Trust's Net Margin % falls into.


XKLS:5227
91GF Score
IGB Real Estate Investment Trust XKLS:5227
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGB Real Estate Investment Trust 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.

IGB Real Estate Investment Trust'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 )
=660.491/705.066
=93.68 %

IGB Real Estate Investment Trust's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=162.806/261.339
=62.30 %

* 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 62.30% mean?
IGB Real Estate Investment Trust (XKLS:5227) has a Net Margin % of 62.30% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on IGB Real Estate Investment Trust and its competitors. This is near median its historical median of 63.86. Over the past decade, IGB Real Estate Investment Trust's Net Margin % has ranged from 50.10 to 93.68. According to the industry distribution chart, IGB Real Estate Investment Trust ranks #206 out of 928 companies in the REITs industry, placing it in the top 22.2%.
Is IGB Real Estate Investment Trust's Net Margin % too high?
IGB Real Estate Investment Trust's current Net Margin % of 62.30% is near median its 10-year median of 63.86. Over the past 10 years, this metric has ranged from a low of 50.10 to a high of 93.68. The REITs industry median Net Margin % is 44.95. IGB Real Estate Investment Trust's value of 62.30% is 38.6% above this industry median. Based on the distribution chart, IGB Real Estate Investment Trust ranks #206 out of 928 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, IGB Real Estate Investment Trust has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Real Estate Investment Trust's Net Margin % compare to SPG and O?
According to the REITs industry distribution chart, IGB Real Estate Investment Trust ranks #206 out of 928 companies for Net Margin %. This places IGB Real Estate Investment Trust in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 44.95. IGB Real Estate Investment Trust's value of 62.30% is 38.6% above this benchmark. Historically, IGB Real Estate Investment Trust's own Net Margin % has ranged from 50.10 to 93.68 over the past decade. While the company's 10-year median is 63.86 vs. the industry median of 44.95, IGB Real Estate Investment Trust 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 REITs company?
The median Net Margin % among REITs companies is 44.95, based on 928 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. IGB Real Estate Investment Trust's current Net Margin % of 62.30% is 38.6% 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 IGB Real Estate Investment Trust and its competitors. For the REITs industry, the median Net Margin % is 44.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Real Estate Investment Trust's current Net Margin % is 62.30%, which is near median its own 10-year median of 63.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, IGB Real Estate Investment Trust (XKLS:5227) is currently considered Fairly Valued. The stock's GF Value™ is RM2.62, compared to a current price of RM2.74 — trading 4.6% above its estimated fair value. The current Net Margin % is 62.30%, which is near median its 10-year median of 63.86 and 38.6% above the REITs industry median of 44.95. IGB Real Estate Investment Trust's overall GF Score™ is 91/100 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 IGB Real Estate Investment Trust (XKLS:5227), the current Net Margin % is 62.30% 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 IGB Real Estate Investment Trust (XKLS:5227) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Real Estate Investment Trust stock appears to be overvalued. The current stock price of RM2.74 is trading 4.6% above its estimated GF Value™ of RM2.62. GuruFocus considers IGB Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5227:

  • Net Margin %: 62.30% (near median its 10-year median of 63.86)
  • GF Value™: RM2.62 vs. price of RM2.74 (4.6% above fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 38.6% above the REITs median (#206 of 928)

No single metric tells the full story. See the XKLS:5227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address Level 32, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 59200
IGB Real Estate Investment Trust is a Malaysian retail property investment company. The company's portfolio includes retail properties and mixed-use developments which have a retail component. Properties are located both domestically and internationally. The company has two retail malls in its portfolio: MVM, which is the Mid Valley Megamall; and TGM, which refers to the Gardens Mall. MVM delivers more than twice as much revenue as TGM. The trust generates the majority of revenue from leasing its properties, in addition to service and promotional charges from tenants.
91GF Score

Get the complete analysis for XKLS:5227

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

RM2.74
Price
RM2.62
GF Value