British Smaller VCTLSE:BSV 34 Net Margin % is 113.58% as of Mar. 2026, which is 22% above its 10-year median of 92.82. GuruFocus rates LSE:BSV with a GF Score™ of 34/100 and a GF Value™ of £0.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,576 Asset Management companies, British Smaller VCT ranks worse than 63.2% on this metric.
The historical rank and industry rank for British Smaller VCT's Net Margin % or its related term are showing as below:
LSE:BSV'
s Net Margin % Range Over the Past 10 Years
Min: 48.35 Med: 92.82 Max: 111.55
Current: 48.35
LSE:BSV's Net Margin % is ranked worse than 63.2% of 1576
companies
in the Asset Management industry
Industry Median: 84.895
vs LSE:BSV: 48.35
British Smaller VCT (LSE:BSV) 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.
British Smaller VCT Net Margin % Related Terms
British Smaller VCT Net Margin % Historical Data
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The historical data trend for British Smaller VCT'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, British Smaller VCT'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.
British Smaller VCT Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, British Smaller VCT's Net Margin % distribution charts can be found below:
* The bar in red indicates where British Smaller VCT'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.
British Smaller VCT (LSE:BSV) has a Net Margin % of 113.58% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on British Smaller VCT and its competitors. This is 22% above median its historical median of 92.82. Over the past decade, British Smaller VCT's Net Margin % has ranged from 48.35 to 111.55. According to the industry distribution chart, British Smaller VCT ranks #996 out of 1576 companies in the Asset Management industry, placing it in the top 63.2%.
Is British Smaller VCT's Net Margin % too high?
British Smaller VCT's current Net Margin % of 113.58% is 22% above median its 10-year median of 92.82. Over the past 10 years, this metric has ranged from a low of 48.35 to a high of 111.55. The Asset Management industry median Net Margin % is 84.90. British Smaller VCT's value of 113.58% is 33.8% above this industry median. Based on the distribution chart, British Smaller VCT ranks #996 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. Overall, British Smaller VCT has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does British Smaller VCT's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, British Smaller VCT ranks #996 out of 1576 companies for Net Margin %. This places British Smaller VCT in the lower half of its industry. The industry median Net Margin % is 84.90. British Smaller VCT's value of 113.58% is 33.8% above this benchmark. Historically, British Smaller VCT's own Net Margin % has ranged from 48.35 to 111.55 over the past decade. While the company's 10-year median is 92.82 vs. the industry median of 84.90, British Smaller VCT 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 1,576 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. British Smaller VCT's current Net Margin % of 113.58% is 33.8% 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 British Smaller VCT 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. British Smaller VCT's current Net Margin % is 113.58%, which is 22% above median its own 10-year median of 92.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British Smaller VCT stock overvalued right now?
Based on GuruFocus' analysis, British Smaller VCT (LSE:BSV) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.09, compared to a current price of £0.72 — trading 694.4% above its estimated fair value. The current Net Margin % is 113.58%, which is 22% above median its 10-year median of 92.82 and 33.8% above the Asset Management industry median of 84.90. British Smaller VCT's overall GF Score™ is 34/100 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 British Smaller VCT (LSE:BSV), the current Net Margin % is 113.58% as of Mar. 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 British Smaller VCT (LSE:BSV) Overvalued in 2026?
Based on GuruFocus' analysis, British Smaller VCT stock appears to be overvalued.
The current stock price of £0.72 is trading 694.4% above its estimated GF Value™ of £0.09.
GuruFocus considers British Smaller VCT to be Significantly Overvalued.
Key valuation signals for LSE:BSV:
Net Margin %: 113.58% (22% above median its 10-year median of 92.82)
GF Value™: £0.09 vs. price of £0.72 (694.4% above fair value)
Industry Position: 33.8% above the Asset Management median (#996 of 1576)
No single metric tells the full story. See the LSE:BSV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
British Smaller Companies VCT PLC is a United Kingdom-based company. The company operates as a venture capital trust. The principal activity of the Company is the making of long-term equity and loan investments, mainly in unquoted businesses. The Company has engaged in a single operating segment: investing in equity and debt securities within the United Kingdom.
34GF Score
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