Morphic Ethical Equity FundASX:MEC -1.09%35 Net Margin % is 56.65% as of Dec. 2025, which is 4% above its 10-year median of 54.31. GuruFocus rates ASX:MEC with a GF Score™ of 35/100 and a GF Value™ of A$0.78 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,579 Asset Management companies, Morphic Ethical Equity Fund ranks worse than 57.06% on this metric.
The historical rank and industry rank for Morphic Ethical Equity Fund's Net Margin % or its related term are showing as below:
ASX:MEC'
s Net Margin % Range Over the Past 10 Years
Min: -969.39 Med: 54.31 Max: 69.03
Current: 69.03
ASX:MEC's Net Margin % is ranked worse than 57.06% of 1579
companies
in the Asset Management industry
Industry Median: 84.88
vs ASX:MEC: 69.03
Morphic Ethical Equity Fund (ASX:MEC) 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.
Morphic Ethical Equity Fund Net Margin % Related Terms
Morphic Ethical Equity Fund Net Margin % Historical Data
* 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, Morphic Ethical Equity 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.
Morphic Ethical Equity Fund Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Morphic Ethical Equity Fund's Net Margin % distribution charts can be found below:
* The bar in red indicates where Morphic Ethical Equity Fund'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.
Morphic Ethical Equity Fund (ASX:MEC) has a Net Margin % of 56.65% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Morphic Ethical Equity Fund and its competitors. This is near median its historical median of 54.31. According to the industry distribution chart, Morphic Ethical Equity Fund ranks #901 out of 1579 companies in the Asset Management industry, placing it in the top 57.1%.
Is Morphic Ethical Equity Fund's Net Margin % too high?
Morphic Ethical Equity Fund's current Net Margin % of 56.65% is near median its 10-year median of 54.31. The Asset Management industry median Net Margin % is 84.88. Morphic Ethical Equity Fund's value of 56.65% is 33.3% below this industry median. Based on the distribution chart, Morphic Ethical Equity Fund ranks #901 out of 1579 companies in the Asset Management industry, which is below the industry midpoint. Overall, Morphic Ethical Equity Fund has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morphic Ethical Equity Fund's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Morphic Ethical Equity Fund ranks #901 out of 1579 companies for Net Margin %. This places Morphic Ethical Equity Fund in the lower half of its industry. The industry median Net Margin % is 84.88. Morphic Ethical Equity Fund's value of 56.65% is 33.3% below this benchmark. While the company's 10-year median is 54.31 vs. the industry median of 84.88, Morphic Ethical Equity Fund 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 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. Morphic Ethical Equity Fund's current Net Margin % of 56.65% is 33.3% 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 Morphic Ethical Equity 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. Morphic Ethical Equity Fund's current Net Margin % is 56.65%, which is near median its own 10-year median of 54.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morphic Ethical Equity Fund stock overvalued right now?
Based on GuruFocus' analysis, Morphic Ethical Equity Fund (ASX:MEC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.78, compared to a current price of A$1.36 — trading 73.7% above its estimated fair value. The current Net Margin % is 56.65%, which is near median its 10-year median of 54.31 and 33.3% below the Asset Management industry median of 84.88. Morphic Ethical Equity Fund's overall GF Score™ is 35/100 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 Morphic Ethical Equity Fund (ASX:MEC), the current Net Margin % is 56.65% 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 Morphic Ethical Equity Fund (ASX:MEC) Overvalued in 2026?
Based on GuruFocus' analysis, Morphic Ethical Equity Fund stock appears to be overvalued.
The current stock price of A$1.36 is trading 73.7% above its estimated GF Value™ of A$0.78.
GuruFocus considers Morphic Ethical Equity Fund to be Significantly Overvalued.
Key valuation signals for ASX:MEC:
Net Margin %: 56.65% (near median its 10-year median of 54.31)
GF Value™: A$0.78 vs. price of A$1.36 (73.7% above fair value)
Industry Position: 33.3% below the Asset Management median (#901 of 1579)
No single metric tells the full story. See the ASX:MEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morphic Ethical Equity Fund Ltd is an investment company. Its investment objective is to provide superior risk-adjusted returns to shareholders, comprising a combination of capital growth and income, thus allowing franked dividends to be paid to shareholders when prudent, and provided the company has sufficient profit reserves and franking credits available. The company invests in a portfolio of internationally listed securities screened to exclude entities involved in environmentally damaging activities (including coal and uranium, mining and oil and gas), intensive farming and aquaculture, tobacco, armaments, alcohol, and gambling. It earns revenue from dividend income, interest income, and other returns from the investment portfolio.
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