Fidelity Emerging MarketsCHIX:FEMLL +0.53%35 Net Margin % is 98.47% as of Dec. 2025, which is 3% above its 10-year median of 95.47. GuruFocus rates CHIX:FEMLL with a GF Score™ of 35/100 and a GF Value™ of £32.38 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,580 Asset Management companies, Fidelity Emerging Markets ranks better than 64.68% on this metric.
The historical rank and industry rank for Fidelity Emerging Markets's Net Margin % or its related term are showing as below:
CHIX:FEMLl'
s Net Margin % Range Over the Past 10 Years
Min: 62.14 Med: 95.47 Max: 106.83
Current: 96.7
CHIX:FEMLl's Net Margin % is ranked better than 64.68% of 1580
companies
in the Asset Management industry
Industry Median: 84.895
vs CHIX:FEMLl: 96.70
Fidelity Emerging Markets (CHIX:FEMLl) 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.
Fidelity Emerging Markets Net Margin % Related Terms
Fidelity Emerging Markets 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.
CHIX:FEMLL vs BLK, BX, KKR: Net Margin % Comparison
For the Asset Management subindustry, Fidelity Emerging Markets'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.
Fidelity Emerging Markets Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fidelity Emerging Markets's Net Margin % distribution charts can be found below:
* The bar in red indicates where Fidelity Emerging Markets'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.
Fidelity Emerging Markets (CHIX:FEMLL) has a Net Margin % of 98.47% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Fidelity Emerging Markets and its competitors. This is near median its historical median of 95.47. Over the past decade, Fidelity Emerging Markets' Net Margin % has ranged from 62.14 to 106.83. According to the industry distribution chart, Fidelity Emerging Markets ranks #558 out of 1580 companies in the Asset Management industry, placing it in the top 35.3%.
Is Fidelity Emerging Markets' Net Margin % too high?
Fidelity Emerging Markets' current Net Margin % of 98.47% is near median its 10-year median of 95.47. Over the past 10 years, this metric has ranged from a low of 62.14 to a high of 106.83. The Asset Management industry median Net Margin % is 84.90. Fidelity Emerging Markets' value of 98.47% is 16% above this industry median. Based on the distribution chart, Fidelity Emerging Markets ranks #558 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, Fidelity Emerging Markets has a GF Score™ of 35/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fidelity Emerging Markets' Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Fidelity Emerging Markets ranks #558 out of 1580 companies for Net Margin %. This puts Fidelity Emerging Markets in the upper half of its industry. The industry median Net Margin % is 84.90. Fidelity Emerging Markets' value of 98.47% is 16% above this benchmark. Historically, Fidelity Emerging Markets' own Net Margin % has ranged from 62.14 to 106.83 over the past decade. While the company's 10-year median is 95.47 vs. the industry median of 84.90, Fidelity Emerging Markets 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 84.90, 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. Fidelity Emerging Markets's current Net Margin % of 98.47% is 16% 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 Fidelity Emerging Markets 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. Fidelity Emerging Markets's current Net Margin % is 98.47%, which is near median its own 10-year median of 95.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity Emerging Markets stock overvalued right now?
Based on GuruFocus' analysis, Fidelity Emerging Markets (CHIX:FEMLL) is currently considered Significantly Undervalued. The stock's GF Value™ is £32.38, compared to a current price of £15.20 — trading 53.1% below its estimated fair value. The current Net Margin % is 98.47%, which is near median its 10-year median of 95.47 and 16% above the Asset Management industry median of 84.90. Fidelity Emerging Markets' overall GF Score™ is 35/100 with 4 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 Fidelity Emerging Markets (CHIX:FEMLL), the current Net Margin % is 98.47% 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 Fidelity Emerging Markets (CHIX:FEMLL) Overvalued in 2026?
Based on GuruFocus' analysis, Fidelity Emerging Markets stock appears to be undervalued.
The current stock price of £15.20 is trading 53.1% below its estimated GF Value™ of £32.38.
GuruFocus considers Fidelity Emerging Markets to be Significantly Undervalued.
Key valuation signals for CHIX:FEMLL:
Net Margin %: 98.47% (near median its 10-year median of 95.47)
GF Value™: £32.38 vs. price of £15.20 (53.1% below fair value)
Industry Position: 16% above the Asset Management median (#558 of 1580)
No single metric tells the full story. See the CHIX:FEMLL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fidelity Emerging Markets Ltd is a closed-ended investment fund. Its investment objective is to achieve long-term capital growth from an actively managed portfolio made up of securities and financial instruments providing exposure to Emerging Market companies, both listed and unlisted.
35GF Score
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