Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Goldmanchs BDCFRA:GSB -0.51%50 Net Margin % is 88.06% as of Jun. 2026, which is 1% below its 10-year median of 89.28. GuruFocus rates FRA:GSB with a GF Score™ of 50/100 and a GF Value™ of €6.44 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,559 Asset Management companies, Goldmanchs BDC ranks worse than 53.24% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Goldmanchs BDC's Net Income for the
three
months ended in Jun. 2026 was €20.56 Mil. Goldmanchs BDC's Revenue for the
three
months ended in Jun. 2026 was €23.35 Mil. Therefore, Goldmanchs BDC's net margin for the quarter that ended in Jun. 2026 was 88.06%.
The historical rank and industry rank for Goldmanchs BDC's Net Margin % or its related term are showing as below:
FRA:GSB'
s Net Margin % Range Over the Past 10 Years
Min: 79.87 Med: 89.28 Max: 120.14
Current: 82.31
FRA:GSB's Net Margin % is ranked worse than 53.24% of 1559
companies
in the Asset Management industry
Industry Median: 87.81
vs FRA:GSB: 82.31
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.
Goldmanchs BDC Net Margin % Related Terms
Goldmanchs BDC Net Margin % Historical Data
* Premium members only.
The historical data trend for Goldmanchs BDC'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.
FRA:GSB vs FRBP, AOD, OCSL: Net Margin % Comparison
For the Asset Management subindustry, Goldmanchs BDC'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.
Goldmanchs BDC Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Goldmanchs BDC's Net Margin % distribution charts can be found below:
* The bar in red indicates where Goldmanchs BDC'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.
Goldmanchs BDC (FRA:GSB) has a Net Margin % of 88.06% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Goldmanchs BDC and its competitors. This is near median its historical median of 89.28. Over the past decade, Goldmanchs BDC's Net Margin % has ranged from 79.87 to 120.14. According to the industry distribution chart, Goldmanchs BDC ranks #830 out of 1559 companies in the Asset Management industry, placing it in the top 53.2%.
Is Goldmanchs BDC's Net Margin % too high?
Goldmanchs BDC's current Net Margin % of 88.06% is near median its 10-year median of 89.28. Over the past 10 years, this metric has ranged from a low of 79.87 to a high of 120.14. The Asset Management industry median Net Margin % is 87.81. Goldmanchs BDC's value of 88.06% is 0.3% above this industry median. Based on the distribution chart, Goldmanchs BDC ranks #830 out of 1559 companies in the Asset Management industry, which is below the industry midpoint. Overall, Goldmanchs BDC has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goldmanchs BDC's Net Margin % compare to FRBP and AOD?
According to the Asset Management industry distribution chart, Goldmanchs BDC ranks #830 out of 1559 companies for Net Margin %. This places Goldmanchs BDC in the lower half of its industry. The industry median Net Margin % is 87.81. Goldmanchs BDC's value of 88.06% is 0.3% above this benchmark. Historically, Goldmanchs BDC's own Net Margin % has ranged from 79.87 to 120.14 over the past decade. While the company's 10-year median is 89.28 vs. the industry median of 87.81, Goldmanchs BDC 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 87.81, based on 1,559 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. Goldmanchs BDC's current Net Margin % of 88.06% is 0.3% 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 Goldmanchs BDC and its competitors. For the Asset Management industry, the median Net Margin % is 87.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldmanchs BDC's current Net Margin % is 88.06%, which is near median its own 10-year median of 89.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldmanchs BDC stock overvalued right now?
Based on GuruFocus' analysis, Goldmanchs BDC (FRA:GSB) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.44, compared to a current price of €8.27 — trading 28.3% above its estimated fair value. The current Net Margin % is 88.06%, which is near median its 10-year median of 89.28 and 0.3% above the Asset Management industry median of 87.81. Goldmanchs BDC's overall GF Score™ is 50/100 with 7 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 Goldmanchs BDC (FRA:GSB), the current Net Margin % is 88.06% as of Jun. 2026. 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 Goldmanchs BDC (FRA:GSB) Overvalued in 2026?
Based on GuruFocus' analysis, Goldmanchs BDC stock appears to be overvalued.
The current stock price of €8.27 is trading 28.3% above its estimated GF Value™ of €6.44.
GuruFocus considers Goldmanchs BDC to be Modestly Overvalued.
Key valuation signals for FRA:GSB:
Net Margin %: 88.06% (near median its 10-year median of 89.28)
GF Value™: €6.44 vs. price of €8.27 (28.3% above fair value)
Industry Position: 0.3% above the Asset Management median (#830 of 1559)
No single metric tells the full story. See the FRA:GSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests in U.S. middle-market companies such as banks and the public debt markets. The company focuses on the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.
50GF Score
Get the complete analysis for FRA:GSB
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
FRA:GSB has been successfully added to your 
