Thorney OpportunitiesASX:TOP -0.92%28 Net Margin % is 62.27% as of Dec. 2025, which is 12% below its 10-year median of 71.07. GuruFocus rates ASX:TOP with a GF Score™ of 28/100 and a GF Value™ of A$0.96 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,576 Asset Management companies, Thorney Opportunities ranks worse than 59.45% on this metric.
The historical rank and industry rank for Thorney Opportunities's Net Margin % or its related term are showing as below:
ASX:TOP'
s Net Margin % Range Over the Past 10 Years
Min: 48.75 Med: 71.07 Max: 123.77
Current: 63.67
ASX:TOP's Net Margin % is ranked worse than 59.45% of 1576
companies
in the Asset Management industry
Industry Median: 84.895
vs ASX:TOP: 63.67
Thorney Opportunities (ASX:TOP) 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.
Thorney Opportunities Net Margin % Related Terms
Thorney Opportunities Net Margin % Historical Data
* Premium members only.
The historical data trend for Thorney Opportunities'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, Thorney Opportunities'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.
Thorney Opportunities Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Thorney Opportunities's Net Margin % distribution charts can be found below:
* The bar in red indicates where Thorney Opportunities'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.
Thorney Opportunities (ASX:TOP) has a Net Margin % of 62.27% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Thorney Opportunities and its competitors. This is 12% below median its historical median of 71.07. Over the past decade, Thorney Opportunities' Net Margin % has ranged from 48.75 to 123.77. According to the industry distribution chart, Thorney Opportunities ranks #937 out of 1576 companies in the Asset Management industry, placing it in the top 59.5%.
Is Thorney Opportunities' Net Margin % too high?
Thorney Opportunities' current Net Margin % of 62.27% is 12% below median its 10-year median of 71.07. Over the past 10 years, this metric has ranged from a low of 48.75 to a high of 123.77. The Asset Management industry median Net Margin % is 84.90. Thorney Opportunities' value of 62.27% is 26.7% below this industry median. Based on the distribution chart, Thorney Opportunities ranks #937 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. Overall, Thorney Opportunities has a GF Score™ of 28/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thorney Opportunities' Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Thorney Opportunities ranks #937 out of 1576 companies for Net Margin %. This places Thorney Opportunities in the lower half of its industry. The industry median Net Margin % is 84.90. Thorney Opportunities' value of 62.27% is 26.7% below this benchmark. Historically, Thorney Opportunities' own Net Margin % has ranged from 48.75 to 123.77 over the past decade. While the company's 10-year median is 71.07 vs. the industry median of 84.90, Thorney Opportunities 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 1,576 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. Thorney Opportunities's current Net Margin % of 62.27% is 26.7% 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 Thorney Opportunities 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. Thorney Opportunities's current Net Margin % is 62.27%, which is 12% below median its own 10-year median of 71.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thorney Opportunities stock overvalued right now?
Based on GuruFocus' analysis, Thorney Opportunities (ASX:TOP) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.96, compared to a current price of A$0.54 — trading 43.8% below its estimated fair value. The current Net Margin % is 62.27%, which is 12% below median its 10-year median of 71.07 and 26.7% below the Asset Management industry median of 84.90. Thorney Opportunities' overall GF Score™ is 28/100 with 1 warning sign 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 Thorney Opportunities (ASX:TOP), the current Net Margin % is 62.27% 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 Thorney Opportunities (ASX:TOP) Overvalued in 2026?
Based on GuruFocus' analysis, Thorney Opportunities stock appears to be undervalued.
The current stock price of A$0.54 is trading 43.8% below its estimated GF Value™ of A$0.96.
GuruFocus considers Thorney Opportunities to be Significantly Undervalued.
Key valuation signals for ASX:TOP:
Net Margin %: 62.27% (12% below median its 10-year median of 71.07)
GF Value™: A$0.96 vs. price of A$0.54 (43.8% below fair value)
Industry Position: 26.7% below the Asset Management median (#937 of 1576)
No single metric tells the full story. See the ASX:TOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thorney Opportunities Ltd is an investment company that concentrates on producing absolute returns for shareholders over the medium to long term. Its principal activity is making investments in listed and unlisted securities in a variety of sectors, including media, automotive, energy, and pharmaceutical.
28GF Score
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