Newpark REITJSE:NRL 70 Operating Margin % is 75.31% as of Feb. 2026, which is 3% above its 10-year median of 73.41. GuruFocus rates JSE:NRL with a GF Score™ of 70/100 and a GF Value™ of R4.72 (Fairly Valued). The stock has 8 warning signs investors should review. Among 750 REITs companies, Newpark REIT ranks better than 80.13% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Newpark REIT's Operating Income for the
six
months ended in Feb. 2026 was R49.4 Mil. Newpark REIT's Revenue for the
six
months ended in Feb. 2026 was R65.6 Mil. Therefore, Newpark REIT's Operating Margin % for the quarter that ended in Feb. 2026 was 75.31%.
The historical rank and industry rank for Newpark REIT's Operating Margin % or its related term are showing as below:
JSE:NRL'
s Operating Margin % Range Over the Past 10 Years
Min: 68.78 Med: 73.41 Max: 76.53
Current: 72.6
JSE:NRL's Operating Margin % is ranked better than 80.13% of 750
companies
in the REITs industry
Industry Median: 52.67
vs JSE:NRL: 72.60
Newpark REIT's 5-Year Average Operating Margin % Growth Rate was -0.80% per year.
Newpark REIT's Operating Income for the
six
months ended in Feb. 2026 was R49.4 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was R93.9 Mil.
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.
Newpark REIT Operating Margin % Related Terms
Newpark REIT Operating Margin % Historical Data
* Premium members only.
The historical data trend for Newpark REIT'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:NRL vs VICI, WPC, BNL: Operating Margin % Comparison
For the REIT - Diversified subindustry, Newpark REIT'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.
Newpark REIT Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Newpark REIT's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Newpark REIT'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.
Newpark REIT's Operating Margin % for the fiscal year that ended in Feb. 2026 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.
Newpark REIT (JSE:NRL) has a Operating Margin % of 75.31% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Newpark REIT and its competitors. This is near median its historical median of 73.41. Over the past decade, Newpark REIT's Operating Margin % has ranged from 68.78 to 76.53. According to the industry distribution chart, Newpark REIT ranks #149 out of 750 companies in the REITs industry, placing it in the top 19.9%.
Is Newpark REIT's Operating Margin % too high?
Newpark REIT's current Operating Margin % of 75.31% is near median its 10-year median of 73.41. Over the past 10 years, this metric has ranged from a low of 68.78 to a high of 76.53. The REITs industry median Operating Margin % is 52.67. Newpark REIT's value of 75.31% is 43% above this industry median. Based on the distribution chart, Newpark REIT ranks #149 out of 750 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Newpark REIT has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Newpark REIT's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Newpark REIT ranks #149 out of 750 companies for Operating Margin %. This places Newpark REIT in the top 20% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 52.67. Newpark REIT's value of 75.31% is 43% above this benchmark. Historically, Newpark REIT's own Operating Margin % has ranged from 68.78 to 76.53 over the past decade. While the company's 10-year median is 73.41 vs. the industry median of 52.67, Newpark REIT 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 Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.67, based on 750 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. Newpark REIT's current Operating Margin % of 75.31% is 43% 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 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 Newpark REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newpark REIT's current Operating Margin % is 75.31%, which is near median its own 10-year median of 73.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newpark REIT stock overvalued right now?
Based on GuruFocus' analysis, Newpark REIT (JSE:NRL) is currently considered Fairly Valued. The stock's GF Value™ is R4.72, compared to a current price of R4.70 — trading 0.4% below its estimated fair value. The current Operating Margin % is 75.31%, which is near median its 10-year median of 73.41 and 43% above the REITs industry median of 52.67. Newpark REIT's overall GF Score™ is 70/100 with 8 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 Newpark REIT (JSE:NRL), the current Operating Margin % is 75.31% 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 Newpark REIT (JSE:NRL) Overvalued in 2026?
Based on GuruFocus' analysis, Newpark REIT stock appears to be undervalued.
The current stock price of R4.70 is trading 0.4% below its estimated GF Value™ of R4.72.
GuruFocus considers Newpark REIT to be Fairly Valued.
Key valuation signals for JSE:NRL:
Operating Margin %: 75.31% (near median its 10-year median of 73.41)
GF Value™: R4.72 vs. price of R4.70 (0.4% below fair value)
Industry Position: 43% above the REITs median (#149 of 750)
No single metric tells the full story. See the JSE:NRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newpark REIT Ltd is a real estate investment trust company in South Africa. The company focuses on investing in A-grade commercial properties. Its property portfolio comprises the JSE building, the 24 Central, and industrial buildings in Linbro Business Park and Crown City. The Company is organized into four main operating segments, which include Mixed use (office, retail, and storage), Head office, Office, and Industrial. It generates the majority of the revenue from the Office segment.
70GF Score
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