Pick N Pay Stores (JSE:PIK) Operating Margin %: 0.00% (As of Feb. 2026)


JSE:PIK Pick N Pay Stores Ltd JSE:PIK
65 GF Score
Price R20.76
GF Value R24.21
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Pick N Pay Stores Operating Margin %?

Pick N Pay Stores JSE:PIK +1.86% 65 Operating Margin % is 0.00% as of Feb. 2026. GuruFocus rates JSE:PIK with a GF Score™ of 65/100 and a GF Value™ of R24.21 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Pick N Pay Stores ranks worse than 78.01% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pick N Pay Stores's Operating Income for the six months ended in Feb. 2026 was R2 Mil. Pick N Pay Stores's Revenue for the six months ended in Feb. 2026 was R61,472 Mil. Therefore, Pick N Pay Stores's Operating Margin % for the quarter that ended in Feb. 2026 was 0.00%.

The historical rank and industry rank for Pick N Pay Stores's Operating Margin % or its related term are showing as below:

JSE:PIK' s Operating Margin % Range Over the Past 10 Years
Min: -1.99   Med: 0.22   Max: 1.8
Current: -0.98


JSE:PIK's Operating Margin % is ranked worse than
78.01% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.905 vs JSE:PIK: -0.98

Pick N Pay Stores's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Pick N Pay Stores's Operating Income for the six months ended in Feb. 2026 was R2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was R-1,177 Mil.


Pick N Pay Stores  (JSE:PIK) 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.


Pick N Pay Stores Operating Margin % Related Terms


Pick N Pay Stores Operating Margin % Historical Data

* Premium members only.

The historical data trend for Pick N Pay Stores'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.

Pick N Pay Stores Operating Margin % Chart

Pick N Pay Stores 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 0.39 0.73 -1.99 -0.91 -0.98

Pick N Pay Stores 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 -1.89 -2.39 0.41 -2.00 0.00

JSE:PIK vs DDS, M: Operating Margin % Comparison

For the Department Stores subindustry, Pick N Pay Stores'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.


Pick N Pay Stores Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pick N Pay Stores's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Pick N Pay Stores's Operating Margin % falls into.


JSE:PIK
65GF Score
Pick N Pay Stores Ltd JSE:PIK
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pick N Pay Stores 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.

Pick N Pay Stores'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 )
=-1177 / 120290
=-0.98 %

Pick N Pay Stores'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 )
=2 / 61472
=0.00 %

* 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 0.00% mean?
Pick N Pay Stores (JSE:PIK) has a Operating Margin % of 0.00% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Pick N Pay Stores and its competitors. According to the industry distribution chart, Pick N Pay Stores ranks #880 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 78%.
Is Pick N Pay Stores' Operating Margin % too high?
Pick N Pay Stores' current Operating Margin % is 0.00%. Based on the distribution chart, Pick N Pay Stores ranks #880 out of 1128 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Pick N Pay Stores has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pick N Pay Stores' Operating Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Pick N Pay Stores ranks #880 out of 1128 companies for Operating Margin %. This places Pick N Pay Stores in the lower half of its industry. The industry median Operating Margin % is 3.91. 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,128 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. 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 Pick N Pay Stores and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pick N Pay Stores's current Operating Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pick N Pay Stores stock overvalued right now?
Based on GuruFocus' analysis, Pick N Pay Stores (JSE:PIK) is currently considered Modestly Undervalued. The stock's GF Value™ is R24.21, compared to a current price of R20.76 — trading 14.3% below its estimated fair value. The current Operating Margin % is 0.00%. Pick N Pay Stores' overall GF Score™ is 65/100 with 2 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 Pick N Pay Stores (JSE:PIK), the current Operating Margin % is 0.00% 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 Pick N Pay Stores (JSE:PIK) Overvalued in 2026?

Based on GuruFocus' analysis, Pick N Pay Stores stock appears to be undervalued. The current stock price of R20.76 is trading 14.3% below its estimated GF Value™ of R24.21. GuruFocus considers Pick N Pay Stores to be Modestly Undervalued.

Key valuation signals for JSE:PIK:

  • Operating Margin %: 0.00%
  • GF Value™: R24.21 vs. price of R20.76 (14.3% below fair value)
  • GF Score™: 65/100 with 2 warning signs

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


Pick N Pay Stores Business Description

Other Exchanges PKPYY:USAPIK:Germany
Address 101 Rosmead Avenue, Pick n Pay Office Park, Kenilworth, Cape Town, WC, ZAF, 7708
Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, and others.
65GF Score

Get the complete analysis for JSE:PIK

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

R20.76
Price
R24.21
GF Value