Pengana Capital GroupASX:PCG +12.50%55 Gross Margin % is 313.69% as of Dec. 2025, which is 26% below its 10-year median of 421.29. GuruFocus rates ASX:PCG with a GF Score™ of 55/100 and a GF Value™ of A$0.35 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 553 Asset Management companies, Pengana Capital Group ranks better than 97.83% on this metric.
The historical rank and industry rank for Pengana Capital Group's Gross Margin % or its related term are showing as below:
ASX:PCG'
s Gross Margin % Range Over the Past 10 Years
Min: 311.44 Med: 421.29 Max: 421.29
Current: 311.44
During the past 13 years, the highestGross Margin % of Pengana Capital Group was 421.29%. The lowest was 311.44%. And the median was 421.29%.
ASX:PCG's Gross Margin % is ranked better than 97.83% of 553
companies
in the Asset Management industry
Industry Median: 58.4
vs ASX:PCG: 311.44
Pengana Capital Group had a gross margin of 313.69% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Pengana Capital Group was 0.00% per year.
Pengana Capital Group (ASX:PCG) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Pengana Capital Group had a gross margin of 313.69% for the quarter that ended in Dec. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Pengana Capital Group Gross Margin % Related Terms
Pengana Capital Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Pengana Capital Group's Gross 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.
ASX:PCG vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, Pengana Capital Group's Gross Margin %, along with its competitors' market caps and Gross 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.
Pengana Capital Group Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pengana Capital Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Pengana Capital Group's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Pengana Capital Group (ASX:PCG) has a Gross Margin % of 313.69% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Pengana Capital Group and its competitors. This is 26% below median its historical median of 421.29. Over the past decade, Pengana Capital Group's Gross Margin % has ranged from 311.44 to 421.29. According to the industry distribution chart, Pengana Capital Group ranks #12 out of 553 companies in the Asset Management industry, placing it in the top 2.2%.
Is Pengana Capital Group's Gross Margin % too high?
Pengana Capital Group's current Gross Margin % of 313.69% is 26% below median its 10-year median of 421.29. Over the past 10 years, this metric has ranged from a low of 311.44 to a high of 421.29. The Asset Management industry median Gross Margin % is 58.40. Pengana Capital Group's value of 313.69% is 437.1% above this industry median. Based on the distribution chart, Pengana Capital Group ranks #12 out of 553 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Pengana Capital Group has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pengana Capital Group's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Pengana Capital Group ranks #12 out of 553 companies for Gross Margin %. This places Pengana Capital Group in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 58.40. Pengana Capital Group's value of 313.69% is 437.1% above this benchmark. Historically, Pengana Capital Group's own Gross Margin % has ranged from 311.44 to 421.29 over the past decade. While the company's 10-year median is 421.29 vs. the industry median of 58.40, Pengana Capital Group 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 Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 58.40, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pengana Capital Group's current Gross Margin % of 313.69% is 437.1% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Pengana Capital Group and its competitors. For the Asset Management industry, the median Gross Margin % is 58.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pengana Capital Group's current Gross Margin % is 313.69%, which is 26% below median its own 10-year median of 421.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pengana Capital Group stock overvalued right now?
Based on GuruFocus' analysis, Pengana Capital Group (ASX:PCG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.35, compared to a current price of A$0.90 — trading 157.1% above its estimated fair value. The current Gross Margin % is 313.69%, which is 26% below median its 10-year median of 421.29 and 437.1% above the Asset Management industry median of 58.40. Pengana Capital Group's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Pengana Capital Group (ASX:PCG), the current Gross Margin % is 313.69% 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 Pengana Capital Group (ASX:PCG) Overvalued in 2026?
Based on GuruFocus' analysis, Pengana Capital Group stock appears to be overvalued.
The current stock price of A$0.90 is trading 157.1% above its estimated GF Value™ of A$0.35.
GuruFocus considers Pengana Capital Group to be Significantly Overvalued.
Key valuation signals for ASX:PCG:
Gross Margin %: 313.69% (26% below median its 10-year median of 421.29)
GF Value™: A$0.35 vs. price of A$0.90 (157.1% above fair value)
Industry Position: 437.1% above the Asset Management median (#12 of 553)
No single metric tells the full story. See the ASX:PCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pengana Capital Group Ltd is a diversified fund management company. Its objective is to increase investor wealth by developing, offering, and managing investment funds in Australia and globally as opportunities arise. It operates in one operating segment being the development, offering of, and management of investment funds.
55GF Score
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