Balwin Properties (JSE:BWN) Operating Margin %: 13.18% (As of Feb. 2026) — 22% Below Median


JSE:BWN Balwin Properties Ltd JSE:BWN
49 GF Score
Price R4.20
GF Value R2.32
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Balwin Properties Operating Margin %?

Balwin Properties JSE:BWN 49 Operating Margin % is 13.18% as of Feb. 2026, which is 22% below its 10-year median of 16.91. GuruFocus rates JSE:BWN with a GF Score™ of 49/100 and a GF Value™ of R2.32 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,745 Real Estate companies, Balwin Properties ranks worse than 50.37% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Balwin Properties's Operating Income for the six months ended in Feb. 2026 was R194 Mil. Balwin Properties's Revenue for the six months ended in Feb. 2026 was R1,469 Mil. Therefore, Balwin Properties's Operating Margin % for the quarter that ended in Feb. 2026 was 13.18%.

Warning Sign:

Balwin Properties Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5%.

The historical rank and industry rank for Balwin Properties's Operating Margin % or its related term are showing as below:

JSE:BWN' s Operating Margin % Range Over the Past 10 Years
Min: 12.98   Med: 16.91   Max: 32.6
Current: 12.98


JSE:BWN's Operating Margin % is ranked worse than
50.37% of 1745 companies
in the Real Estate industry
Industry Median: 13.21 vs JSE:BWN: 12.98

Balwin Properties's 5-Year Average Operating Margin % Growth Rate was -5.00% per year.

Balwin Properties's Operating Income for the six months ended in Feb. 2026 was R194 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was R350 Mil.


Balwin Properties  (JSE:BWN) 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 Nokia’s 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.


Balwin Properties Operating Margin % Related Terms


Balwin Properties Operating Margin % Historical Data

* Premium members only.

The historical data trend for Balwin Properties'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.

Balwin Properties Operating Margin % Chart

Balwin Properties Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.90 17.05 13.35 14.46 12.98

Balwin Properties Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Operating 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 7.28 13.64 14.98 12.73 13.18

Balwin Properties Operating Margin % Competitor Comparison

For the Real Estate - Development subindustry, Balwin Properties'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.


Balwin Properties Operating Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Balwin Properties's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Balwin Properties's Operating Margin % falls into.


JSE:BWN
49GF Score
Balwin Properties Ltd JSE:BWN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Balwin Properties Operating Margin % Calculation

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.

Balwin Properties's Operating Margin % for the fiscal year that ended in Feb. 2026 is calculated as

Operating Margin %=Operating Income (A: Feb. 2026 ) / Revenue (A: Feb. 2026 )
=349.506 / 2693.24
=12.98 %

Balwin Properties's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as

Operating Margin %=Operating Income (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=193.696 / 1469.106
=13.18 %

* 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 Operating Margin % →
What does a Operating Margin % of 13.18% mean?
Balwin Properties (JSE:BWN) has a Operating Margin % of 13.18% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Balwin Properties and its competitors. This is 22% below median its historical median of 16.91. Over the past decade, Balwin Properties' Operating Margin % has ranged from 12.98 to 32.60. According to the industry distribution chart, Balwin Properties ranks #879 out of 1745 companies in the Real Estate industry, placing it in the top 50.4%.
Is Balwin Properties' Operating Margin % too high?
Balwin Properties' current Operating Margin % of 13.18% is 22% below median its 10-year median of 16.91. Over the past 10 years, this metric has ranged from a low of 12.98 to a high of 32.60. The Real Estate industry median Operating Margin % is 13.21. Balwin Properties' value of 13.18% is 0.2% below this industry median. Based on the distribution chart, Balwin Properties ranks #879 out of 1745 companies in the Real Estate industry, which is below the industry midpoint. Overall, Balwin Properties has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balwin Properties' Operating Margin % compare to competitors?
According to the Real Estate industry distribution chart, Balwin Properties ranks #879 out of 1745 companies for Operating Margin %. This places Balwin Properties in the lower half of its industry. The industry median Operating Margin % is 13.21. Balwin Properties' value of 13.18% is 0.2% below this benchmark. Historically, Balwin Properties' own Operating Margin % has ranged from 12.98 to 32.60 over the past decade. While the company's 10-year median is 16.91 vs. the industry median of 13.21, Balwin Properties 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.21, based on 1,745 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. Balwin Properties's current Operating Margin % of 13.18% is 0.2% 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 Balwin Properties and its competitors. For the Real Estate industry, the median Operating Margin % is 13.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balwin Properties's current Operating Margin % is 13.18%, which is 22% below median its own 10-year median of 16.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balwin Properties stock overvalued right now?
Based on GuruFocus' analysis, Balwin Properties (JSE:BWN) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.32, compared to a current price of R4.20 — trading 81% above its estimated fair value. The current Operating Margin % is 13.18%, which is 22% below median its 10-year median of 16.91 and 0.2% below the Real Estate industry median of 13.21. Balwin Properties' overall GF Score™ is 49/100 with 9 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 Balwin Properties (JSE:BWN), the current Operating Margin % is 13.18% as of Feb. 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 Balwin Properties (JSE:BWN) Overvalued in 2026?

Based on GuruFocus' analysis, Balwin Properties stock appears to be overvalued. The current stock price of R4.20 is trading 81% above its estimated GF Value™ of R2.32. GuruFocus considers Balwin Properties to be Significantly Overvalued.

Key valuation signals for JSE:BWN:

  • Operating Margin %: 13.18% (22% below median its 10-year median of 16.91)
  • GF Value™: R2.32 vs. price of R4.20 (81% above fair value)
  • GF Score™: 49/100 with 9 warning signs
  • Industry Position: 0.2% below the Real Estate median (#879 of 1745)

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


Balwin Properties Business Description

Address 105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196
Balwin Properties Ltd is engaged in residential property development and sale of sectional title estates, bond origination, information and communication technology services, rental of commercial property and other annuity based services provided to the residential developments. Its operating segments include Sale of apartments and land; Provision of services to residential estates; Bond commission; property rental; and Balwin Foundation. It derives majority of the revenue from Residential and commercial property rental segment.
49GF Score

Get the complete analysis for JSE:BWN

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

R4.20
Price
R2.32
GF Value