VZ Holding AGCHIX:VZNZ -0.66%93 Net Margin % is 42.77% as of Dec. 2025, which is 14% above its 10-year median of 37.53. GuruFocus rates CHIX:VZNZ with a GF Score™ of 93/100 and a GF Value™ of CHF146.06 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,572 Asset Management companies, VZ Holding AG ranks worse than 65.71% on this metric.
Net margin is calculated as Net Income divided by its Revenue. VZ Holding AG's Net Income for the
six
months ended in Dec. 2025 was CHF124.1 Mil. VZ Holding AG's Revenue for the
six
months ended in Dec. 2025 was CHF290.1 Mil. Therefore, VZ Holding AG's net margin for the quarter that ended in Dec. 2025 was 42.77%.
The historical rank and industry rank for VZ Holding AG's Net Margin % or its related term are showing as below:
CHIX:VZNz'
s Net Margin % Range Over the Past 10 Years
Min: 32.45 Med: 37.53 Max: 39.51
Current: 39.51
CHIX:VZNz's Net Margin % is ranked worse than 65.71% of 1572
companies
in the Asset Management industry
Industry Median: 85.08
vs CHIX:VZNz: 39.51
VZ Holding AG (CHIX:VZNz) 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.
VZ Holding AG Net Margin % Related Terms
VZ Holding AG Net Margin % Historical Data
* Premium members only.
The historical data trend for VZ Holding AG'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.
CHIX:VZNZ vs BLK, BX, KKR: Net Margin % Comparison
For the Asset Management subindustry, VZ Holding AG'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.
VZ Holding AG Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, VZ Holding AG's Net Margin % distribution charts can be found below:
* The bar in red indicates where VZ Holding AG'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.
VZ Holding AG (CHIX:VZNZ) has a Net Margin % of 42.77% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on VZ Holding AG and its competitors. This is 14% above median its historical median of 37.53. Over the past decade, VZ Holding AG's Net Margin % has ranged from 32.45 to 39.51. According to the industry distribution chart, VZ Holding AG ranks #1033 out of 1572 companies in the Asset Management industry, placing it in the top 65.7%.
Is VZ Holding AG's Net Margin % too high?
VZ Holding AG's current Net Margin % of 42.77% is 14% above median its 10-year median of 37.53. Over the past 10 years, this metric has ranged from a low of 32.45 to a high of 39.51. The Asset Management industry median Net Margin % is 85.08. VZ Holding AG's value of 42.77% is 49.7% below this industry median. Based on the distribution chart, VZ Holding AG ranks #1033 out of 1572 companies in the Asset Management industry, which is below the industry midpoint. Overall, VZ Holding AG has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VZ Holding AG's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, VZ Holding AG ranks #1033 out of 1572 companies for Net Margin %. This places VZ Holding AG in the lower half of its industry. The industry median Net Margin % is 85.08. VZ Holding AG's value of 42.77% is 49.7% below this benchmark. Historically, VZ Holding AG's own Net Margin % has ranged from 32.45 to 39.51 over the past decade. While the company's 10-year median is 37.53 vs. the industry median of 85.08, VZ Holding AG 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 85.08, based on 1,572 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. VZ Holding AG's current Net Margin % of 42.77% is 49.7% 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 VZ Holding AG and its competitors. For the Asset Management industry, the median Net Margin % is 85.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VZ Holding AG's current Net Margin % is 42.77%, which is 14% above median its own 10-year median of 37.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VZ Holding AG stock overvalued right now?
Based on GuruFocus' analysis, VZ Holding AG (CHIX:VZNZ) is currently considered Fairly Valued. The stock's GF Value™ is CHF146.06, compared to a current price of CHF150.60 — trading 3.1% above its estimated fair value. The current Net Margin % is 42.77%, which is 14% above median its 10-year median of 37.53 and 49.7% below the Asset Management industry median of 85.08. VZ Holding AG's overall GF Score™ is 93/100 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 VZ Holding AG (CHIX:VZNZ), the current Net Margin % is 42.77% 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 VZ Holding AG (CHIX:VZNZ) Overvalued in 2026?
Based on GuruFocus' analysis, VZ Holding AG stock appears to be overvalued.
The current stock price of CHF150.60 is trading 3.1% above its estimated GF Value™ of CHF146.06.
GuruFocus considers VZ Holding AG to be Fairly Valued.
Key valuation signals for CHIX:VZNZ:
Net Margin %: 42.77% (14% above median its 10-year median of 37.53)
GF Value™: CHF146.06 vs. price of CHF150.60 (3.1% above fair value)
Industry Position: 49.7% below the Asset Management median (#1033 of 1572)
No single metric tells the full story. See the CHIX:VZNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VZ Holding AG offers financial advisory services for individuals and companies in many areas. It provides Independent, transparent advice, a Consultation process, and wide-ranging advice such as retirement, real estate, mortgages, shareholdings, and insurance advice. It generates the majority of its revenue from management fees on assets under management.
93GF Score
Get the complete analysis for CHIX:VZNZ
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:VZNZ has been successfully added to your 
