ASA (ASA Gold And Precious Metals) Net Margin %: 99.85% (As of May. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASA ASA Gold And Precious Metals Ltd ASA
38 GF Score
Price $62.40
! 1 Warning Sign
View Full Analysis

What is ASA Gold And Precious Metals Net Margin %?

ASA Gold And Precious Metals ASA +8.12% 38 Net Margin % is 99.85% as of May. 2026, which is 3% above its 10-year median of 97.26. GuruFocus rates ASA with a GF Score™ of 38/100. The stock has 1 warning sign investors should review. Among 1,570 Asset Management companies, ASA Gold And Precious Metals ranks better than 80.89% on this metric.

Net margin is calculated as Net Income divided by its Revenue. ASA Gold And Precious Metals's Net Income for the six months ended in May. 2026 was $287.3 Mil. ASA Gold And Precious Metals's Revenue for the six months ended in May. 2026 was $287.8 Mil. Therefore, ASA Gold And Precious Metals's net margin for the quarter that ended in May. 2026 was 99.85%.

The historical rank and industry rank for ASA Gold And Precious Metals's Net Margin % or its related term are showing as below:

ASA' s Net Margin % Range Over the Past 10 Years
Min: 36.21   Med: 97.26   Max: 106.63
Current: 99.47


ASA's Net Margin % is ranked better than
80.89% of 1570 companies
in the Asset Management industry
Industry Median: 85.85 vs ASA: 99.47

ASA Gold And Precious Metals  (NYSE:ASA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


ASA Gold And Precious Metals Net Margin % Related Terms


ASA Gold And Precious Metals Net Margin % Historical Data

* Premium members only.

The historical data trend for ASA Gold And Precious Metals's Net 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.

ASA Gold And Precious Metals Net Margin % Chart

ASA Gold And Precious Metals Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.84 100.76 89.86 96.94 98.81

ASA Gold And Precious Metals Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Net 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 96.37 98.00 98.01 99.22 99.85

ASA vs BMEZ, BTX, PDX: Net Margin % Comparison

For the Asset Management subindustry, ASA Gold And Precious Metals's Net Margin %, along with its competitors' market caps and Net 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.


ASA Gold And Precious Metals Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, ASA Gold And Precious Metals's Net Margin % distribution charts can be found below:

* The bar in red indicates where ASA Gold And Precious Metals's Net Margin % falls into.


ASA
38GF Score
ASA Gold And Precious Metals Ltd ASA
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASA Gold And Precious Metals Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

ASA Gold And Precious Metals's Net Margin for the fiscal year that ended in Nov. 2025 is calculated as

Net Margin=Net Income (A: Nov. 2025 )/Revenue (A: Nov. 2025 )
=664.073/672.047
=98.81 %

ASA Gold And Precious Metals's Net Margin for the quarter that ended in May. 2026 is calculated as

Net Margin=Net Income (Q: May. 2026 )/Revenue (Q: May. 2026 )
=287.348/287.793
=99.85 %

* 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 Net Margin % →
What does a Net Margin % of 99.85% mean?
ASA Gold And Precious Metals (ASA) has a Net Margin % of 99.85% as of May. 2026. Net margin is the ratio of total net income to net sales. View historical data on ASA Gold And Precious Metals and its competitors. This is near median its historical median of 97.26. Over the past decade, ASA Gold And Precious Metals' Net Margin % has ranged from 36.21 to 106.63. According to the industry distribution chart, ASA Gold And Precious Metals ranks #300 out of 1570 companies in the Asset Management industry, placing it in the top 19.1%.
Is ASA Gold And Precious Metals' Net Margin % too high?
ASA Gold And Precious Metals' current Net Margin % of 99.85% is near median its 10-year median of 97.26. Over the past 10 years, this metric has ranged from a low of 36.21 to a high of 106.63. The Asset Management industry median Net Margin % is 85.85. ASA Gold And Precious Metals' value of 99.85% is 16.3% above this industry median. Based on the distribution chart, ASA Gold And Precious Metals ranks #300 out of 1570 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, ASA Gold And Precious Metals has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does ASA Gold And Precious Metals' Net Margin % compare to BMEZ and BTX?
According to the Asset Management industry distribution chart, ASA Gold And Precious Metals ranks #300 out of 1570 companies for Net Margin %. This places ASA Gold And Precious Metals in the top 19% of its industry — outperforming the majority of peers. The industry median Net Margin % is 85.85. ASA Gold And Precious Metals' value of 99.85% is 16.3% above this benchmark. Historically, ASA Gold And Precious Metals' own Net Margin % has ranged from 36.21 to 106.63 over the past decade. While the company's 10-year median is 97.26 vs. the industry median of 85.85, ASA Gold And Precious Metals 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 Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 85.85, based on 1,570 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASA Gold And Precious Metals's current Net Margin % of 99.85% is 16.3% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on ASA Gold And Precious Metals and its competitors. For the Asset Management industry, the median Net Margin % is 85.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASA Gold And Precious Metals's current Net Margin % is 99.85%, which is near median its own 10-year median of 97.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASA Gold And Precious Metals stock overvalued right now?
ASA Gold And Precious Metals (ASA) has a current Net Margin % of 99.85%. The current Net Margin % is 99.85%, which is near median its 10-year median of 97.26 and 16.3% above the Asset Management industry median of 85.85. ASA Gold And Precious Metals' overall GF Score™ is 38/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For ASA Gold And Precious Metals (ASA), the current Net Margin % is 99.85% as of May. 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.

ASA Gold And Precious Metals Business Description

Address Three Canal Plaza, Suite 600, Portland, ME, USA, 04101
ASA Gold And Precious Metals Ltd is a closed-end, non-diversified investment company. Its objective is to provide long-term capital appreciation through investing in companies engaged in the exploration for, development of projects, or mining of precious metals and minerals.
38GF Score

Get the complete analysis for ASA

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

$62.40
Price