Conduit Holdings (LSE:CRE) Net Margin %: 31.06% (As of Dec. 2025) — 7123% Above Median


LSE:CRE Conduit Holdings Ltd LSE:CRE
75 GF Score
Price £4.67
GF Value £7.05
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Conduit Holdings Net Margin %?

Conduit Holdings LSE:CRE +1.41% 75 Net Margin % is 31.06% as of Dec. 2025, which is 7123% above its 10-year median of 0.43. GuruFocus rates LSE:CRE with a GF Score™ of 75/100 and a GF Value™ of £7.05 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 501 Insurance companies, Conduit Holdings ranks better than 69.66% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Conduit Holdings's Net Income for the six months ended in Dec. 2025 was £97.3 Mil. Conduit Holdings's Revenue for the six months ended in Dec. 2025 was £313.4 Mil. Therefore, Conduit Holdings's net margin for the quarter that ended in Dec. 2025 was 31.06%.

The historical rank and industry rank for Conduit Holdings's Net Margin % or its related term are showing as below:

LSE:CRE' s Net Margin % Range Over the Past 10 Years
Min: -2296.64   Med: 0.43   Max: 31.68
Current: 14.08


LSE:CRE's Net Margin % is ranked better than
69.66% of 501 companies
in the Insurance industry
Industry Median: 9.29 vs LSE:CRE: 14.08

Conduit Holdings  (LSE:CRE) 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.


Conduit Holdings Net Margin % Related Terms


Conduit Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for Conduit Holdings'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.

Conduit Holdings Net Margin % Chart

Conduit Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial -22.04 -13.11 31.68 16.83 13.97

Conduit Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 33.39 28.33 6.87 -3.24 31.06

LSE:CRE vs RGA, EG, RNR: Net Margin % Comparison

For the Insurance - Reinsurance subindustry, Conduit Holdings'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.


Conduit Holdings Net Margin % vs Insurance Industry

For the Insurance industry and Financial Services sector, Conduit Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Conduit Holdings's Net Margin % falls into.


LSE:CRE
75GF Score
Conduit Holdings Ltd LSE:CRE
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Conduit Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Conduit Holdings's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=87.25/624.716
=13.97 %

Conduit Holdings's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=97.334/313.366
=31.06 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 31.06% mean?
Conduit Holdings (LSE:CRE) has a Net Margin % of 31.06% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Conduit Holdings and its competitors. This is 7123% above median its historical median of 0.43. According to the industry distribution chart, Conduit Holdings ranks #152 out of 501 companies in the Insurance industry, placing it in the top 30.3%.
Is Conduit Holdings' Net Margin % too high?
Conduit Holdings' current Net Margin % of 31.06% is 7123% above median its 10-year median of 0.43. The Insurance industry median Net Margin % is 9.29. Conduit Holdings' value of 31.06% is 234.3% above this industry median. Based on the distribution chart, Conduit Holdings ranks #152 out of 501 companies in the Insurance industry, which is above the industry midpoint. Overall, Conduit Holdings has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Conduit Holdings' Net Margin % compare to RGA and EG?
According to the Insurance industry distribution chart, Conduit Holdings ranks #152 out of 501 companies for Net Margin %. This puts Conduit Holdings in the upper half of its industry. The industry median Net Margin % is 9.29. Conduit Holdings' value of 31.06% is 234.3% above this benchmark. While the company's 10-year median is 0.43 vs. the industry median of 9.29, Conduit Holdings 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 Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 501 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. Conduit Holdings's current Net Margin % of 31.06% is 234.3% 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 Conduit Holdings and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conduit Holdings's current Net Margin % is 31.06%, which is 7123% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conduit Holdings stock overvalued right now?
Based on GuruFocus' analysis, Conduit Holdings (LSE:CRE) is currently considered Significantly Undervalued. The stock's GF Value™ is £7.05, compared to a current price of £4.67 — trading 33.8% below its estimated fair value. The current Net Margin % is 31.06%, which is 7123% above median its 10-year median of 0.43 and 234.3% above the Insurance industry median of 9.29. Conduit Holdings' overall GF Score™ is 75/100 with 8 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 Conduit Holdings (LSE:CRE), the current Net Margin % is 31.06% 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 Conduit Holdings (LSE:CRE) Overvalued in 2026?

Based on GuruFocus' analysis, Conduit Holdings stock appears to be undervalued. The current stock price of £4.67 is trading 33.8% below its estimated GF Value™ of £7.05. GuruFocus considers Conduit Holdings to be Significantly Undervalued.

Key valuation signals for LSE:CRE:

  • Net Margin %: 31.06% (7123% above median its 10-year median of 0.43)
  • GF Value™: £7.05 vs. price of £4.67 (33.8% below fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 234.3% above the Insurance median (#152 of 501)

No single metric tells the full story. See the LSE:CRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Conduit Holdings Business Description

Other Exchanges CNDHF:USACREl:UKCHO:Germany
Address 94 Pitts Bay Road, Ideation House, Pembroke, BMU, HM08
Conduit Holdings Ltd operates in the insurance industry, engaged in providing reinsurance products and services to its clients around the world. It operates in three segments: property, casualty, and specialty. The majority is from the property division. Geographically, the majority is from the United States and also has its presence in Europe and other countries across the globe.
75GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£4.67
Price
£7.05
GF Value