H&G High Conviction (ASX:HCF) Net Margin %: 212.50% (As of Dec. 2025) — 186% Above Median


What is H&G High Conviction Net Margin %?

H&G High Conviction ASX:HCF Net Margin % is 212.50% as of Dec. 2025, which is 186% above its 10-year median of 74.20. The stock has 1 warning sign investors should review.

Net margin is calculated as Net Income divided by its Revenue. H&G High Conviction's Net Income for the six months ended in Dec. 2025 was A$-0.05 Mil. H&G High Conviction's Revenue for the six months ended in Dec. 2025 was A$-0.02 Mil. Therefore, H&G High Conviction's net margin for the quarter that ended in Dec. 2025 was 212.50%.

The historical rank and industry rank for H&G High Conviction's Net Margin % or its related term are showing as below:

ASX:HCF' s Net Margin % Range Over the Past 10 Years
Min: 61.79   Med: 74.2   Max: 108.15
Current: 108.15

ASX:HCF's Net Margin % is not ranked
in the Asset Management industry.
Industry Median: 84.895 vs ASX:HCF: 108.15

H&G High Conviction  (ASX:HCF) 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.

H&G High Conviction Net Margin % Related Terms

H&G High Conviction Net Margin % Historical Data

* Premium members only.

The historical data trend for H&G High Conviction'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.

H&G High Conviction Net Margin % Chart

H&G High Conviction Annual Data
Trend Jun24 Jun25
Net Margin %
61.79 86.60

H&G High Conviction Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % Get a 7-Day Free Trial 66.86 153.66 68.10 106.58 212.50

ASX:HCF vs BLK, BX, KKR: Net Margin % Comparison

For the Asset Management subindustry, H&G High Conviction'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.

H&G High Conviction Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, H&G High Conviction's Net Margin % distribution charts can be found below:

* The bar in red indicates where H&G High Conviction's Net Margin % falls into.


H&G High Conviction 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.

H&G High Conviction's Net Margin for the fiscal year that ended in Jun. 2025 is calculated as

Net Margin=Net Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=-2.875/-3.32
=86.60 %

H&G High Conviction'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 )
=-0.051/-0.024
=212.50 %

* 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 212.50% mean?
H&G High Conviction (ASX:HCF) has a Net Margin % of 212.50% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on H&G High Conviction and its competitors. This is 186% above median its historical median of 74.20. Over the past decade, H&G High Conviction's Net Margin % has ranged from 61.79 to 108.15.
Is H&G High Conviction's Net Margin % too high?
H&G High Conviction's current Net Margin % of 212.50% is 186% above median its 10-year median of 74.20. Over the past 10 years, this metric has ranged from a low of 61.79 to a high of 108.15. The Asset Management industry median Net Margin % is 84.90. H&G High Conviction's value of 212.50% is 150.3% above this industry median.
How does H&G High Conviction's Net Margin % compare to BLK and BX?
H&G High Conviction's Net Margin % of 212.50% can be compared against companies in the Asset Management industry. The industry median Net Margin % is 84.90. H&G High Conviction's value of 212.50% is 150.3% above this benchmark. Historically, H&G High Conviction's own Net Margin % has ranged from 61.79 to 108.15 over the past decade. While the company's 10-year median is 74.20 vs. the industry median of 84.90, H&G High Conviction 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 84.90, based on 1,580 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. H&G High Conviction's current Net Margin % of 212.50% is 150.3% 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 H&G High Conviction and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H&G High Conviction's current Net Margin % is 212.50%, which is 186% above median its own 10-year median of 74.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H&G High Conviction stock overvalued right now?
H&G High Conviction (ASX:HCF) has a current Net Margin % of 212.50%. The current Net Margin % is 212.50%, which is 186% above median its 10-year median of 74.20 and 150.3% above the Asset Management industry median of 84.90. 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 H&G High Conviction (ASX:HCF), the current Net Margin % is 212.50% 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.

H&G High Conviction Business Description

Address 68 Pitt Street, Level 11, Sydney, NSW, AUS, 2000
H&G High Conviction Ltd is an investment company that focuses on building a portfolio of microcap companies. The company aims to generate risk-adjusted returns by investing in companies with solid fundamental prospects that are undervalued by the market. It generates revenue through interest income and dividends from its portfolio investments. The company's investment activities are centered in the Australian market.