London City EquitiesASX:LCE 68 Net Margin % is 17.81% as of Dec. 2025, which is 115% above its 10-year median of 8.29. GuruFocus rates ASX:LCE with a GF Score™ of 68/100 and a GF Value™ of A$1.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,572 Asset Management companies, London City Equities ranks worse than 72.58% on this metric.
The historical rank and industry rank for London City Equities's Net Margin % or its related term are showing as below:
ASX:LCE'
s Net Margin % Range Over the Past 10 Years
Min: -5.42 Med: 8.29 Max: 258.86
Current: 19.31
ASX:LCE's Net Margin % is ranked worse than 72.58% of 1572
companies
in the Asset Management industry
Industry Median: 85.08
vs ASX:LCE: 19.31
London City Equities (ASX:LCE) 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.
London City Equities Net Margin % Related Terms
London City Equities Net Margin % Historical Data
* Premium members only.
The historical data trend for London City Equities'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, London City Equities'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.
London City Equities Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, London City Equities's Net Margin % distribution charts can be found below:
* The bar in red indicates where London City Equities'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.
London City Equities (ASX:LCE) has a Net Margin % of 17.81% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on London City Equities and its competitors. This is 115% above median its historical median of 8.29. According to the industry distribution chart, London City Equities ranks #1141 out of 1572 companies in the Asset Management industry, placing it in the top 72.6%.
Is London City Equities' Net Margin % too high?
London City Equities' current Net Margin % of 17.81% is 115% above median its 10-year median of 8.29. The Asset Management industry median Net Margin % is 85.08. London City Equities' value of 17.81% is 79.1% below this industry median. Based on the distribution chart, London City Equities ranks #1141 out of 1572 companies in the Asset Management industry, which is below the industry midpoint. Overall, London City Equities has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London City Equities' Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, London City Equities ranks #1141 out of 1572 companies for Net Margin %. This places London City Equities in the lower half of its industry. The industry median Net Margin % is 85.08. London City Equities' value of 17.81% is 79.1% below this benchmark. While the company's 10-year median is 8.29 vs. the industry median of 85.08, London City Equities 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 85.08, based on 1,572 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. London City Equities's current Net Margin % of 17.81% is 79.1% 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 London City Equities and its competitors. For the Asset Management industry, the median Net Margin % is 85.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London City Equities's current Net Margin % is 17.81%, which is 115% above median its own 10-year median of 8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London City Equities stock overvalued right now?
Based on GuruFocus' analysis, London City Equities (ASX:LCE) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.08, compared to a current price of A$0.85 — trading 21.3% below its estimated fair value. The current Net Margin % is 17.81%, which is 115% above median its 10-year median of 8.29 and 79.1% below the Asset Management industry median of 85.08. London City Equities' overall GF Score™ is 68/100 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 London City Equities (ASX:LCE), the current Net Margin % is 17.81% 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 London City Equities (ASX:LCE) Overvalued in 2026?
Based on GuruFocus' analysis, London City Equities stock appears to be undervalued.
The current stock price of A$0.85 is trading 21.3% below its estimated GF Value™ of A$1.08.
GuruFocus considers London City Equities to be Modestly Undervalued.
Key valuation signals for ASX:LCE:
Net Margin %: 17.81% (115% above median its 10-year median of 8.29)
GF Value™: A$1.08 vs. price of A$0.85 (21.3% below fair value)
Industry Position: 79.1% below the Asset Management median (#1141 of 1572)
No single metric tells the full story. See the ASX:LCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
London City Equities Ltd is a holding company engaged in investing in Australian equities with market shares and offering growth. The company focuses on providing shareholders with attractive investment returns over the medium to longer terms by enhancing capital growth and paying dividends that, over time, grow faster than the rate of inflation. Its operating segments are Equity Investment, which is the company's key revenue-generating segment, and Other.
68GF Score
Get the complete analysis for ASX:LCE
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:LCE has been successfully added to your 
