Garden StageGSIW +1.60%12 Net Margin % is -195.75% as of Sep. 2025. GuruFocus rates GSIW with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 774 Capital Markets companies, Garden Stage ranks worse than 89.41% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Garden Stage's Net Income for the
six
months ended in Sep. 2025 was $-6.50 Mil. Garden Stage's Revenue for the
six
months ended in Sep. 2025 was $3.32 Mil. Therefore, Garden Stage's net margin for the quarter that ended in Sep. 2025 was -195.75%.
The historical rank and industry rank for Garden Stage's Net Margin % or its related term are showing as below:
GSIW'
s Net Margin % Range Over the Past 10 Years
Min: -336.19 Med: -22.79 Max: -5.49
Current: -93.59
GSIW's Net Margin % is ranked worse than 89.41% of 774
companies
in the Capital Markets industry
Industry Median: 14.305
vs GSIW: -93.59
Garden Stage (NAS:GSIW) 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.
Garden Stage Net Margin % Related Terms
Garden Stage Net Margin % Historical Data
* Premium members only.
The historical data trend for Garden Stage'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 Capital Markets subindustry, Garden Stage'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.
Garden Stage Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Garden Stage's Net Margin % distribution charts can be found below:
* The bar in red indicates where Garden Stage'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.
Garden Stage (GSIW) has a Net Margin % of -195.75% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on Garden Stage and its competitors. According to the industry distribution chart, Garden Stage ranks #692 out of 774 companies in the Capital Markets industry, placing it in the top 89.4%.
Is Garden Stage's Net Margin % too high?
Garden Stage's current Net Margin % is -195.75%. Based on the distribution chart, Garden Stage ranks #692 out of 774 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Garden Stage has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Garden Stage's Net Margin % compare to BGDE and HGBL?
According to the Capital Markets industry distribution chart, Garden Stage ranks #692 out of 774 companies for Net Margin %. This places Garden Stage in the lower half of its industry. The industry median Net Margin % is 14.31. 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 a Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.31, based on 774 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. 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 Garden Stage and its competitors. For the Capital Markets industry, the median Net Margin % is 14.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garden Stage's current Net Margin % is -195.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garden Stage stock overvalued right now?
Garden Stage (GSIW) has a current Net Margin % of -195.75%. The current Net Margin % is -195.75%. Garden Stage's overall GF Score™ is 12/100 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 Garden Stage (GSIW), the current Net Margin % is -195.75% as of Sep. 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.
Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong; and I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.
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