Castleview Property Fund (JSE:CVW) Operating Margin %: 28.11% (As of Mar. 2026) — 36% Below Median

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JSE:CVW Castleview Property Fund Ltd JSE:CVW
58 GF Score
Price R10.40
GF Value R7.31
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Castleview Property Fund Operating Margin %?

Castleview Property Fund JSE:CVW 58 Operating Margin % is 28.11% as of Mar. 2026, which is 36% below its 10-year median of 43.83. GuruFocus rates JSE:CVW with a GF Score™ of 58/100 and a GF Value™ of R7.31 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 732 REITs companies, Castleview Property Fund ranks worse than 74.59% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Castleview Property Fund's Operating Income for the six months ended in Mar. 2026 was R298 Mil. Castleview Property Fund's Revenue for the six months ended in Mar. 2026 was R1,060 Mil. Therefore, Castleview Property Fund's Operating Margin % for the quarter that ended in Mar. 2026 was 28.11%.

Warning Sign:

Castleview Property Fund Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -8.7%.

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

JSE:CVW' s Operating Margin % Range Over the Past 10 Years
Min: 29.73   Med: 43.83   Max: 61.69
Current: 31.06


JSE:CVW's Operating Margin % is ranked worse than
74.59% of 732 companies
in the REITs industry
Industry Median: 52.58 vs JSE:CVW: 31.06

Castleview Property Fund's 5-Year Average Operating Margin % Growth Rate was -8.70% per year.

Castleview Property Fund's Operating Income for the six months ended in Mar. 2026 was R298 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was R585 Mil.


Castleview Property Fund  (JSE:CVW) 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.


Castleview Property Fund Operating Margin % Related Terms


Castleview Property Fund Operating Margin % Historical Data

* Premium members only.

The historical data trend for Castleview Property Fund'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.

Castleview Property Fund Operating Margin % Chart

Castleview Property Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 51.73 43.66 29.73 36.36 31.06

Castleview Property Fund Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 39.68 39.30 32.61 34.86 28.11

JSE:CVW vs SPG, O, KIM: Operating Margin % Comparison

For the REIT - Retail subindustry, Castleview Property Fund'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.


Castleview Property Fund Operating Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Castleview Property Fund's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Castleview Property Fund's Operating Margin % falls into.


JSE:CVW
58GF Score
Castleview Property Fund Ltd JSE:CVW
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Castleview Property Fund 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.

Castleview Property Fund's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=585.494 / 1884.913
=31.06 %

Castleview Property Fund's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=297.926 / 1060.011
=28.11 %

* 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 28.11% mean?
Castleview Property Fund (JSE:CVW) has a Operating Margin % of 28.11% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Castleview Property Fund and its competitors. This is 36% below median its historical median of 43.83. Over the past decade, Castleview Property Fund's Operating Margin % has ranged from 29.73 to 61.69. According to the industry distribution chart, Castleview Property Fund ranks #546 out of 732 companies in the REITs industry, placing it in the top 74.6%.
Is Castleview Property Fund's Operating Margin % too high?
Castleview Property Fund's current Operating Margin % of 28.11% is 36% below median its 10-year median of 43.83. Over the past 10 years, this metric has ranged from a low of 29.73 to a high of 61.69. The REITs industry median Operating Margin % is 52.58. Castleview Property Fund's value of 28.11% is 46.5% below this industry median. Based on the distribution chart, Castleview Property Fund ranks #546 out of 732 companies in the REITs industry, which is below the industry midpoint. Overall, Castleview Property Fund has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Castleview Property Fund's Operating Margin % compare to SPG and O?
According to the REITs industry distribution chart, Castleview Property Fund ranks #546 out of 732 companies for Operating Margin %. This places Castleview Property Fund in the lower half of its industry. The industry median Operating Margin % is 52.58. Castleview Property Fund's value of 28.11% is 46.5% below this benchmark. Historically, Castleview Property Fund's own Operating Margin % has ranged from 29.73 to 61.69 over the past decade. While the company's 10-year median is 43.83 vs. the industry median of 52.58, Castleview Property Fund 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 52.58, based on 732 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. Castleview Property Fund's current Operating Margin % of 28.11% is 46.5% 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 Castleview Property Fund and its competitors. For the REITs industry, the median Operating Margin % is 52.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Castleview Property Fund's current Operating Margin % is 28.11%, which is 36% below median its own 10-year median of 43.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castleview Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Castleview Property Fund (JSE:CVW) is currently considered Significantly Overvalued. The stock's GF Value™ is R7.31, compared to a current price of R10.40 — trading 42.3% above its estimated fair value. The current Operating Margin % is 28.11%, which is 36% below median its 10-year median of 43.83 and 46.5% below the REITs industry median of 52.58. Castleview Property Fund's overall GF Score™ is 58/100 with 11 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 Castleview Property Fund (JSE:CVW), the current Operating Margin % is 28.11% 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 Castleview Property Fund (JSE:CVW) Overvalued in 2026?

Based on GuruFocus' analysis, Castleview Property Fund stock appears to be overvalued. The current stock price of R10.40 is trading 42.3% above its estimated GF Value™ of R7.31. GuruFocus considers Castleview Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:CVW:

  • Operating Margin %: 28.11% (36% below median its 10-year median of 43.83)
  • GF Value™: R7.31 vs. price of R10.40 (42.3% above fair value)
  • GF Score™: 58/100 with 11 warning signs
  • Industry Position: 46.5% below the REITs median (#546 of 732)

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


Castleview Property Fund Business Description

Industry Real EstateREITs
Address 13 Hudson Street, De Waterkant, Woodstock, Cape Town, WC, ZAF, 8001
Castleview Property Fund Ltd is a property holding and investment company in South Africa. Principally, it invests in a diversified portfolio of retail properties situated in South Africa. The company also invests in regional shopping centers like Pier 14 Shopping Centre located in the Eastern Cape.
58GF Score

Get the complete analysis for JSE:CVW

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

R10.40
Price
R7.31
GF Value