AttacqJSE:ATT +0.29%54 Operating Margin % is 50.80% as of Dec. 2025, which is 5% below its 10-year median of 53.51. GuruFocus rates JSE:ATT with a GF Score™ of 54/100 and a GF Value™ of R7.19 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 749 REITs companies, Attacq ranks worse than 52.74% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Attacq's Operating Income for the
six
months ended in Dec. 2025 was R803 Mil. Attacq's Revenue for the
six
months ended in Dec. 2025 was R1,580 Mil. Therefore, Attacq's Operating Margin % for the quarter that ended in Dec. 2025 was 50.80%.
Good Sign:
Attacq Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Attacq's Operating Margin % or its related term are showing as below:
JSE:ATT'
s Operating Margin % Range Over the Past 10 Years
Min: 29.66 Med: 53.51 Max: 67.92
Current: 51.33
JSE:ATT's Operating Margin % is ranked worse than 52.74% of 749
companies
in the REITs industry
Industry Median: 52.71
vs JSE:ATT: 51.33
Attacq's 5-Year Average Operating Margin % Growth Rate was 5.90% per year.
Attacq's Operating Income for the
six
months ended in Dec. 2025 was R803 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was R1,538 Mil.
Attacq (JSE:ATT) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Attacq Operating Margin % Related Terms
Attacq Operating Margin % Historical Data
* Premium members only.
The historical data trend for Attacq's Operating 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.
JSE:ATT vs VICI, WPC: Operating Margin % Comparison
For the REIT - Diversified subindustry, Attacq's Operating Margin %, along with its competitors' market caps and Operating 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.
Attacq Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Attacq's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Attacq's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Attacq's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Attacq (JSE:ATT) has a Operating Margin % of 50.80% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Attacq and its competitors. This is near median its historical median of 53.51. Over the past decade, Attacq's Operating Margin % has ranged from 29.66 to 67.92. According to the industry distribution chart, Attacq ranks #395 out of 749 companies in the REITs industry, placing it in the top 52.7%.
Is Attacq's Operating Margin % too high?
Attacq's current Operating Margin % of 50.80% is near median its 10-year median of 53.51. Over the past 10 years, this metric has ranged from a low of 29.66 to a high of 67.92. The REITs industry median Operating Margin % is 52.71. Attacq's value of 50.80% is 3.6% below this industry median. Based on the distribution chart, Attacq ranks #395 out of 749 companies in the REITs industry, which is below the industry midpoint. Overall, Attacq has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Attacq's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Attacq ranks #395 out of 749 companies for Operating Margin %. This places Attacq in the lower half of its industry. The industry median Operating Margin % is 52.71. Attacq's value of 50.80% is 3.6% below this benchmark. Historically, Attacq's own Operating Margin % has ranged from 29.66 to 67.92 over the past decade. While the company's 10-year median is 53.51 vs. the industry median of 52.71, Attacq has consistently been below 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 Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.71, based on 749 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Attacq's current Operating Margin % of 50.80% is 3.6% below 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Attacq and its competitors. For the REITs industry, the median Operating Margin % is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Attacq's current Operating Margin % is 50.80%, which is near median its own 10-year median of 53.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attacq stock overvalued right now?
Based on GuruFocus' analysis, Attacq (JSE:ATT) is currently considered Significantly Overvalued. The stock's GF Value™ is R7.19, compared to a current price of R17.50 — trading 143.4% above its estimated fair value. The current Operating Margin % is 50.80%, which is near median its 10-year median of 53.51 and 3.6% below the REITs industry median of 52.71. Attacq's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Attacq (JSE:ATT), the current Operating Margin % is 50.80% 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 Attacq (JSE:ATT) Overvalued in 2026?
Based on GuruFocus' analysis, Attacq stock appears to be overvalued.
The current stock price of R17.50 is trading 143.4% above its estimated GF Value™ of R7.19.
GuruFocus considers Attacq to be Significantly Overvalued.
Key valuation signals for JSE:ATT:
Operating Margin %: 50.80% (near median its 10-year median of 53.51)
GF Value™: R7.19 vs. price of R17.50 (143.4% above fair value)
Industry Position: 3.6% below the REITs median (#395 of 749)
No single metric tells the full story. See the JSE:ATT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Attacq Ltd is a South Africa-based REIT company. It is principally engaged in property development and property investment. The company operates through four segments: Rest of South Africa, Waterfall City, Head office South Africa, and Other. The Rest of SA and Waterfall City segments comprise of retail-experience hubs, collaboration hubs, logistics hubs, and hotel segments that generate rental income from the underlying properties. Its Other segment comprises the results of its remaining investment in the Rest of African retail investments. It generates the majority of its total revenue from rental income.
54GF Score
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