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AMCILASX:AMH -0.54%61 Net Margin % is 75.36% as of Dec. 2025, which is 9% below its 10-year median of 82.53. GuruFocus rates ASX:AMH with a GF Score™ of 61/100 and a GF Value™ of A$1.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,569 Asset Management companies, AMCIL ranks worse than 52.39% on this metric.
Net margin is calculated as Net Income divided by its Revenue. AMCIL's Net Income for the
six
months ended in Dec. 2025 was A$4.10 Mil. AMCIL's Revenue for the
six
months ended in Dec. 2025 was A$5.44 Mil. Therefore, AMCIL's net margin for the quarter that ended in Dec. 2025 was 75.36%.
The historical rank and industry rank for AMCIL's Net Margin % or its related term are showing as below:
ASX:AMH'
s Net Margin % Range Over the Past 10 Years
Min: 72.37 Med: 82.53 Max: 88.47
Current: 81.79
ASX:AMH's Net Margin % is ranked worse than 52.39% of 1569
companies
in the Asset Management industry
Industry Median: 85.27
vs ASX:AMH: 81.79
AMCIL (ASX:AMH) 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.
AMCIL Net Margin % Related Terms
AMCIL Net Margin % Historical Data
* Premium members only.
The historical data trend for AMCIL'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.
For the Asset Management subindustry, AMCIL'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.
AMCIL Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AMCIL's Net Margin % distribution charts can be found below:
* The bar in red indicates where AMCIL's Net 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.
AMCIL (ASX:AMH) has a Net Margin % of 75.36% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on AMCIL and its competitors. This is near median its historical median of 82.53. Over the past decade, AMCIL's Net Margin % has ranged from 72.37 to 88.47. According to the industry distribution chart, AMCIL ranks #822 out of 1569 companies in the Asset Management industry, placing it in the top 52.4%.
Is AMCIL's Net Margin % too high?
AMCIL's current Net Margin % of 75.36% is near median its 10-year median of 82.53. Over the past 10 years, this metric has ranged from a low of 72.37 to a high of 88.47. The Asset Management industry median Net Margin % is 85.27. AMCIL's value of 75.36% is 11.6% below this industry median. Based on the distribution chart, AMCIL ranks #822 out of 1569 companies in the Asset Management industry, which is below the industry midpoint. Overall, AMCIL has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AMCIL's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, AMCIL ranks #822 out of 1569 companies for Net Margin %. This places AMCIL in the lower half of its industry. The industry median Net Margin % is 85.27. AMCIL's value of 75.36% is 11.6% below this benchmark. Historically, AMCIL's own Net Margin % has ranged from 72.37 to 88.47 over the past decade. While the company's 10-year median is 82.53 vs. the industry median of 85.27, AMCIL has consistently been below 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 85.27, based on 1,569 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. AMCIL's current Net Margin % of 75.36% is 11.6% below 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 AMCIL and its competitors. For the Asset Management industry, the median Net Margin % is 85.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMCIL's current Net Margin % is 75.36%, which is near median its own 10-year median of 82.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMCIL stock overvalued right now?
Based on GuruFocus' analysis, AMCIL (ASX:AMH) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.08, compared to a current price of A$0.93 — trading 14.4% below its estimated fair value. The current Net Margin % is 75.36%, which is near median its 10-year median of 82.53 and 11.6% below the Asset Management industry median of 85.27. AMCIL's overall GF Score™ is 61/100 with 3 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 AMCIL (ASX:AMH), the current Net Margin % is 75.36% 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 AMCIL (ASX:AMH) Overvalued in 2026?
Based on GuruFocus' analysis, AMCIL stock appears to be undervalued.
The current stock price of A$0.93 is trading 14.4% below its estimated GF Value™ of A$1.08.
GuruFocus considers AMCIL to be Modestly Undervalued.
Key valuation signals for ASX:AMH:
Net Margin %: 75.36% (near median its 10-year median of 82.53)
GF Value™: A$1.08 vs. price of A$0.93 (14.4% below fair value)
Industry Position: 11.6% below the Asset Management median (#822 of 1569)
No single metric tells the full story. See the ASX:AMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AMCIL Ltd is an Australia-based investment company focused on managing a portfolio that covers large and small companies in the Australian equity market. The group invests in sectors such as Industrials, Materials, Healthcare, Consumer Discretionary, Consumer Staples, Information Technology, Banks, Other Financials, Telecom Services, Property Trusts, Utilities, Cash, and Energy. It derives the majority of the revenue from the receipt of dividends and distributions and interest income, and income arising from the trading portfolio and realised income from the options portfolio.
61GF Score
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