Spheria Emerging CoASX:SEC 50 Net Margin % is 68.81% as of Dec. 2025, which is 2% below its 10-year median of 70.41. GuruFocus rates ASX:SEC with a GF Score™ of 50/100 and a GF Value™ of A$3.51 (Significantly Undervalued). Among 1,580 Asset Management companies, Spheria Emerging Co ranks worse than 56.46% on this metric.
The historical rank and industry rank for Spheria Emerging Co's Net Margin % or its related term are showing as below:
ASX:SEC'
s Net Margin % Range Over the Past 10 Years
Min: 69.14 Med: 70.41 Max: 83.93
Current: 70.71
ASX:SEC's Net Margin % is ranked worse than 56.46% of 1580
companies
in the Asset Management industry
Industry Median: 84.895
vs ASX:SEC: 70.71
Spheria Emerging Co (ASX:SEC) 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.
Spheria Emerging Co Net Margin % Related Terms
Spheria Emerging Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Spheria Emerging Co'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, Spheria Emerging Co'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.
Spheria Emerging Co Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Spheria Emerging Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Spheria Emerging Co'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.
Spheria Emerging Co (ASX:SEC) has a Net Margin % of 68.81% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Spheria Emerging Co and its competitors. This is near median its historical median of 70.41. Over the past decade, Spheria Emerging Co's Net Margin % has ranged from 69.14 to 83.93. According to the industry distribution chart, Spheria Emerging Co ranks #892 out of 1580 companies in the Asset Management industry, placing it in the top 56.5%.
Is Spheria Emerging Co's Net Margin % too high?
Spheria Emerging Co's current Net Margin % of 68.81% is near median its 10-year median of 70.41. Over the past 10 years, this metric has ranged from a low of 69.14 to a high of 83.93. The Asset Management industry median Net Margin % is 84.90. Spheria Emerging Co's value of 68.81% is 18.9% below this industry median. Based on the distribution chart, Spheria Emerging Co ranks #892 out of 1580 companies in the Asset Management industry, which is below the industry midpoint. Overall, Spheria Emerging Co has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spheria Emerging Co's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Spheria Emerging Co ranks #892 out of 1580 companies for Net Margin %. This places Spheria Emerging Co in the lower half of its industry. The industry median Net Margin % is 84.90. Spheria Emerging Co's value of 68.81% is 18.9% below this benchmark. Historically, Spheria Emerging Co's own Net Margin % has ranged from 69.14 to 83.93 over the past decade. While the company's 10-year median is 70.41 vs. the industry median of 84.90, Spheria Emerging Co 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 84.90, 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. Spheria Emerging Co's current Net Margin % of 68.81% is 18.9% 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 Spheria Emerging Co 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. Spheria Emerging Co's current Net Margin % is 68.81%, which is near median its own 10-year median of 70.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spheria Emerging Co stock overvalued right now?
Based on GuruFocus' analysis, Spheria Emerging Co (ASX:SEC) is currently considered Significantly Undervalued. The stock's GF Value™ is A$3.51, compared to a current price of A$2.34 — trading 33.3% below its estimated fair value. The current Net Margin % is 68.81%, which is near median its 10-year median of 70.41 and 18.9% below the Asset Management industry median of 84.90. Spheria Emerging Co's overall GF Score™ is 50/100. 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 Spheria Emerging Co (ASX:SEC), the current Net Margin % is 68.81% 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 Spheria Emerging Co (ASX:SEC) Overvalued in 2026?
Based on GuruFocus' analysis, Spheria Emerging Co stock appears to be undervalued.
The current stock price of A$2.34 is trading 33.3% below its estimated GF Value™ of A$3.51.
GuruFocus considers Spheria Emerging Co to be Significantly Undervalued.
Key valuation signals for ASX:SEC:
Net Margin %: 68.81% (near median its 10-year median of 70.41)
GF Value™: A$3.51 vs. price of A$2.34 (33.3% below fair value)
Industry Position: 18.9% below the Asset Management median (#892 of 1580)
No single metric tells the full story. See the ASX:SEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spheria Emerging Co Ltd is an investment management company focus specializing in small and microcap companies. The company's investment objective is to provide total returns over the Benchmark; and capital growth, over each full investment cycle. the company operates in a single segment which is investment activities & Geographically it operates from Australia only.
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