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Neco Insurance CoXNEP:NIL -0.39%98 Net Margin % is 21.81% as of Apr. 2026, which is 7% below its 10-year median of 23.37. GuruFocus rates XNEP:NIL with a GF Score™ of 98/100 and a GF Value™ of NPR735.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 499 Insurance companies, Neco Insurance Co ranks better than 70.14% on this metric.
Neco Insurance Co (XNEP:NIL) 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.
Neco Insurance Co Net Margin % Related Terms
Neco Insurance Co Net Margin % Historical Data
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The historical data trend for Neco Insurance Co'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.
XNEP:NIL vs BRK.A, AIG, HIG: Net Margin % Comparison
For the Insurance - Diversified subindustry, Neco Insurance Co'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.
Neco Insurance Co Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Neco Insurance Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Neco Insurance Co'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.
Neco Insurance Co (XNEP:NIL) has a Net Margin % of 21.81% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Neco Insurance Co and its competitors. This is near median its historical median of 23.37. Over the past decade, Neco Insurance Co's Net Margin % has ranged from 14.02 to 27.94. According to the industry distribution chart, Neco Insurance Co ranks #149 out of 499 companies in the Insurance industry, placing it in the top 29.9%.
Is Neco Insurance Co's Net Margin % too high?
Neco Insurance Co's current Net Margin % of 21.81% is near median its 10-year median of 23.37. Over the past 10 years, this metric has ranged from a low of 14.02 to a high of 27.94. The Insurance industry median Net Margin % is 9.10. Neco Insurance Co's value of 21.81% is 139.7% above this industry median. Based on the distribution chart, Neco Insurance Co ranks #149 out of 499 companies in the Insurance industry, which is above the industry midpoint. Overall, Neco Insurance Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neco Insurance Co's Net Margin % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Neco Insurance Co ranks #149 out of 499 companies for Net Margin %. This puts Neco Insurance Co in the upper half of its industry. The industry median Net Margin % is 9.10. Neco Insurance Co's value of 21.81% is 139.7% above this benchmark. Historically, Neco Insurance Co's own Net Margin % has ranged from 14.02 to 27.94 over the past decade. While the company's 10-year median is 23.37 vs. the industry median of 9.10, Neco Insurance Co 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 an Insurance company?
The median Net Margin % among Insurance companies is 9.10, based on 499 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. Neco Insurance Co's current Net Margin % of 21.81% is 139.7% 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 Neco Insurance Co and its competitors. For the Insurance industry, the median Net Margin % is 9.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neco Insurance Co's current Net Margin % is 21.81%, which is near median its own 10-year median of 23.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neco Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Neco Insurance Co (XNEP:NIL) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR735.70, compared to a current price of NPR617.10 — trading 16.1% below its estimated fair value. The current Net Margin % is 21.81%, which is near median its 10-year median of 23.37 and 139.7% above the Insurance industry median of 9.10. Neco Insurance Co's overall GF Score™ is 98/100 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 Neco Insurance Co (XNEP:NIL), the current Net Margin % is 21.81% as of Apr. 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 Neco Insurance Co (XNEP:NIL) Overvalued in 2026?
Based on GuruFocus' analysis, Neco Insurance Co stock appears to be undervalued.
The current stock price of NPR617.10 is trading 16.1% below its estimated GF Value™ of NPR735.70.
GuruFocus considers Neco Insurance Co to be Modestly Undervalued.
Key valuation signals for XNEP:NIL:
Net Margin %: 21.81% (near median its 10-year median of 23.37)
GF Value™: NPR735.70 vs. price of NPR617.10 (16.1% below fair value)
Industry Position: 139.7% above the Insurance median (#149 of 499)
No single metric tells the full story. See the XNEP:NIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neco Insurance Co Ltd is a non-life insurance company. The firm's business segment comprises Aviation, Engineering, Fire, Marine, Motor, Micro, Cattle and Crop, and Miscellaneous. The company underwrites all types of general insurance risk through different kinds of policies prevailing in the market under seven categories, i.e., Property, Motor, Aviation, Marine, Engineering, Agriculture, and Miscellaneous.
98GF Score
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