Central SecuritiesCET +0.50%49 Net Margin % is 97.72% as of Dec. 2025, which is 1% above its 10-year median of 97.22. GuruFocus rates CET with a GF Score™ of 49/100 and a GF Value™ of $48.47 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,579 Asset Management companies, Central Securities ranks better than 67.07% on this metric.
The historical rank and industry rank for Central Securities's Net Margin % or its related term are showing as below:
CET'
s Net Margin % Range Over the Past 10 Years
Min: 92.27 Med: 97.22 Max: 120.34
Current: 97.22
CET's Net Margin % is ranked better than 67.07% of 1579
companies
in the Asset Management industry
Industry Median: 84.88
vs CET: 97.22
Central Securities (AMEX:CET) 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.
Central Securities Net Margin % Related Terms
Central Securities Net Margin % Historical Data
* Premium members only.
The historical data trend for Central Securities'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, Central Securities'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.
Central Securities Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Central Securities's Net Margin % distribution charts can be found below:
* The bar in red indicates where Central Securities'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.
Central Securities (CET) has a Net Margin % of 97.72% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Central Securities and its competitors. This is near median its historical median of 97.22. Over the past decade, Central Securities' Net Margin % has ranged from 92.27 to 120.34. According to the industry distribution chart, Central Securities ranks #520 out of 1579 companies in the Asset Management industry, placing it in the top 32.9%.
Is Central Securities' Net Margin % too high?
Central Securities' current Net Margin % of 97.72% is near median its 10-year median of 97.22. Over the past 10 years, this metric has ranged from a low of 92.27 to a high of 120.34. The Asset Management industry median Net Margin % is 84.88. Central Securities' value of 97.72% is 15.1% above this industry median. Based on the distribution chart, Central Securities ranks #520 out of 1579 companies in the Asset Management industry, which is above the industry midpoint. Overall, Central Securities has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Central Securities' Net Margin % compare to ECAT and DXYZ?
According to the Asset Management industry distribution chart, Central Securities ranks #520 out of 1579 companies for Net Margin %. This puts Central Securities in the upper half of its industry. The industry median Net Margin % is 84.88. Central Securities' value of 97.72% is 15.1% above this benchmark. Historically, Central Securities' own Net Margin % has ranged from 92.27 to 120.34 over the past decade. While the company's 10-year median is 97.22 vs. the industry median of 84.88, Central Securities 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 84.88, 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. Central Securities's current Net Margin % of 97.72% is 15.1% 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 Central Securities 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. Central Securities's current Net Margin % is 97.72%, which is near median its own 10-year median of 97.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Securities stock overvalued right now?
Based on GuruFocus' analysis, Central Securities (CET) is currently considered Fairly Valued. The stock's GF Value™ is $48.47, compared to a current price of $51.83 — trading 6.9% above its estimated fair value. The current Net Margin % is 97.72%, which is near median its 10-year median of 97.22 and 15.1% above the Asset Management industry median of 84.88. Central Securities' overall GF Score™ is 49/100 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 Central Securities (CET), the current Net Margin % is 97.72% 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 Central Securities (CET) Overvalued in 2026?
Based on GuruFocus' analysis, Central Securities stock appears to be overvalued.
The current stock price of $51.83 is trading 6.9% above its estimated GF Value™ of $48.47.
GuruFocus considers Central Securities to be Fairly Valued.
Key valuation signals for CET:
Net Margin %: 97.72% (near median its 10-year median of 97.22)
GF Value™: $48.47 vs. price of $51.83 (6.9% above fair value)
Industry Position: 15.1% above the Asset Management median (#520 of 1579)
No single metric tells the full story. See the CET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central Securities Corp is a non-diversified closed-end management investment company. The company's investment objective is long-term growth of capital. It invests in common stocks, bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks, and corporations.
49GF Score
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