ASG (Liberty All Star Growth Fund) Net Margin %: 94.98% (As of Dec. 2025) — Near Median


ASG Liberty All Star Growth Fund Inc ASG
36 GF Score
Price $5.35
GF Value $1.61
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Liberty All Star Growth Fund Net Margin %?

Liberty All Star Growth Fund ASG +0.66% 36 Net Margin % is 94.98% as of Dec. 2025, which is 3% below its 10-year median of 98.17. GuruFocus rates ASG with a GF Score™ of 36/100 and a GF Value™ of $1.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,579 Asset Management companies, Liberty All Star Growth Fund ranks better than 56.55% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Liberty All Star Growth Fund's Net Income for the six months ended in Dec. 2025 was $10.93 Mil. Liberty All Star Growth Fund's Revenue for the six months ended in Dec. 2025 was $11.51 Mil. Therefore, Liberty All Star Growth Fund's net margin for the quarter that ended in Dec. 2025 was 94.98%.

The historical rank and industry rank for Liberty All Star Growth Fund's Net Margin % or its related term are showing as below:

ASG' s Net Margin % Range Over the Past 10 Years
Min: 92.34   Med: 98.17   Max: 116.89
Current: 92.34


ASG's Net Margin % is ranked better than
56.55% of 1579 companies
in the Asset Management industry
Industry Median: 84.88 vs ASG: 92.34

Liberty All Star Growth Fund  (NYSE:ASG) 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.


Liberty All Star Growth Fund Net Margin % Related Terms


Liberty All Star Growth Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for Liberty All Star Growth Fund'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.

Liberty All Star Growth Fund Net Margin % Chart

Liberty All Star Growth Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only 97.85 100.83 98.13 97.31 92.35

Liberty All Star Growth Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 96.97 96.93 97.54 85.48 94.98

ASG vs JOF, CION, PPT: Net Margin % Comparison

For the Asset Management subindustry, Liberty All Star Growth Fund'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.


Liberty All Star Growth Fund Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Liberty All Star Growth Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Liberty All Star Growth Fund's Net Margin % falls into.


ASG
36GF Score
Liberty All Star Growth Fund Inc ASG
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Liberty All Star Growth Fund 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.

Liberty All Star Growth Fund's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=14.701/15.919
=92.35 %

Liberty All Star Growth Fund's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=10.927/11.505
=94.98 %

* 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 94.98% mean?
Liberty All Star Growth Fund (ASG) has a Net Margin % of 94.98% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Liberty All Star Growth Fund and its competitors. This is near median its historical median of 98.17. Over the past decade, Liberty All Star Growth Fund's Net Margin % has ranged from 92.34 to 116.89. According to the industry distribution chart, Liberty All Star Growth Fund ranks #686 out of 1579 companies in the Asset Management industry, placing it in the top 43.4%.
Is Liberty All Star Growth Fund's Net Margin % too high?
Liberty All Star Growth Fund's current Net Margin % of 94.98% is near median its 10-year median of 98.17. Over the past 10 years, this metric has ranged from a low of 92.34 to a high of 116.89. The Asset Management industry median Net Margin % is 84.88. Liberty All Star Growth Fund's value of 94.98% is 11.9% above this industry median. Based on the distribution chart, Liberty All Star Growth Fund ranks #686 out of 1579 companies in the Asset Management industry, which is above the industry midpoint. Overall, Liberty All Star Growth Fund has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liberty All Star Growth Fund's Net Margin % compare to JOF and CION?
According to the Asset Management industry distribution chart, Liberty All Star Growth Fund ranks #686 out of 1579 companies for Net Margin %. This puts Liberty All Star Growth Fund in the upper half of its industry. The industry median Net Margin % is 84.88. Liberty All Star Growth Fund's value of 94.98% is 11.9% above this benchmark. Historically, Liberty All Star Growth Fund's own Net Margin % has ranged from 92.34 to 116.89 over the past decade. While the company's 10-year median is 98.17 vs. the industry median of 84.88, Liberty All Star Growth Fund 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 84.88, based on 1,579 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. Liberty All Star Growth Fund's current Net Margin % of 94.98% is 11.9% 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 Liberty All Star Growth Fund and its competitors. For the Asset Management industry, the median Net Margin % is 84.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty All Star Growth Fund's current Net Margin % is 94.98%, which is near median its own 10-year median of 98.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty All Star Growth Fund stock overvalued right now?
Based on GuruFocus' analysis, Liberty All Star Growth Fund (ASG) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.61, compared to a current price of $5.35 — trading 232% above its estimated fair value. The current Net Margin % is 94.98%, which is near median its 10-year median of 98.17 and 11.9% above the Asset Management industry median of 84.88. Liberty All Star Growth Fund's overall GF Score™ is 36/100 with 5 warning signs 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 Liberty All Star Growth Fund (ASG), the current Net Margin % is 94.98% 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 Liberty All Star Growth Fund (ASG) Overvalued in 2026?

Based on GuruFocus' analysis, Liberty All Star Growth Fund stock appears to be overvalued. The current stock price of $5.35 is trading 232% above its estimated GF Value™ of $1.61. GuruFocus considers Liberty All Star Growth Fund to be Significantly Overvalued.

Key valuation signals for ASG:

  • Net Margin %: 94.98% (near median its 10-year median of 98.17)
  • GF Value™: $1.61 vs. price of $5.35 (232% above fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 11.9% above the Asset Management median (#686 of 1579)

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


Liberty All Star Growth Fund Business Description

Address 1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Liberty All Star Growth Fund Inc is the United States based diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment in a diversified portfolio of equity securities. The company's portfolio of investments consists of different industries such as consumer discretionary, consumer staples, healthcare, industrial, information technology and others.
36GF Score

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

$5.35
Price
$1.61
GF Value