City of London Investment Trust (The) (LSE:CTY) Net Margin %: 99.72% (As of Dec. 2025) — Near Median


LSE:CTY City of London Investment Trust (The) PLC LSE:CTY
44 GF Score
Price £5.62
GF Value £13.96
Valuation Significantly Undervalued
! 4 Warning Signs
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What is City of London Investment Trust (The) Net Margin %?

City of London Investment Trust (The) LSE:CTY +0.54% 44 Net Margin % is 99.72% as of Dec. 2025, which is 1% above its 10-year median of 98.45. GuruFocus rates LSE:CTY with a GF Score™ of 44/100 and a GF Value™ of £13.96 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,580 Asset Management companies, City of London Investment Trust (The) ranks better than 82.78% on this metric.

Net margin is calculated as Net Income divided by its Revenue. City of London Investment Trust (The)'s Net Income for the six months ended in Dec. 2025 was £280.6 Mil. City of London Investment Trust (The)'s Revenue for the six months ended in Dec. 2025 was £281.4 Mil. Therefore, City of London Investment Trust (The)'s net margin for the quarter that ended in Dec. 2025 was 99.72%.

The historical rank and industry rank for City of London Investment Trust (The)'s Net Margin % or its related term are showing as below:

LSE:CTY' s Net Margin % Range Over the Past 10 Years
Min: 95.5   Med: 98.45   Max: 100.86
Current: 99.62


LSE:CTY's Net Margin % is ranked better than
82.78% of 1580 companies
in the Asset Management industry
Industry Median: 84.895 vs LSE:CTY: 99.62

City of London Investment Trust (The)  (LSE:CTY) 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.


City of London Investment Trust (The) Net Margin % Related Terms


City of London Investment Trust (The) Net Margin % Historical Data

* Premium members only.

The historical data trend for City of London Investment Trust (The)'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.

City of London Investment Trust (The) Net Margin % Chart

City of London Investment Trust (The) Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.24 97.91 96.25 99.45 99.38

City of London Investment Trust (The) Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.50 99.42 98.67 99.52 99.72

LSE:CTY vs BLK, BX, KKR: Net Margin % Comparison

For the Asset Management subindustry, City of London Investment Trust (The)'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.


City of London Investment Trust (The) Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, City of London Investment Trust (The)'s Net Margin % distribution charts can be found below:

* The bar in red indicates where City of London Investment Trust (The)'s Net Margin % falls into.


LSE:CTY
44GF Score
City of London Investment Trust (The) PLC LSE:CTY
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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City of London Investment Trust (The) 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.

City of London Investment Trust (The)'s Net Margin for the fiscal year that ended in Jun. 2025 is calculated as

Net Margin=Net Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=342.116/344.238
=99.38 %

City of London Investment Trust (The)'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 )
=280.629/281.404
=99.72 %

* 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 99.72% mean?
City of London Investment Trust (The) (LSE:CTY) has a Net Margin % of 99.72% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on City of London Investment Trust (The) and its competitors. This is near median its historical median of 98.45. Over the past decade, City of London Investment Trust (The)'s Net Margin % has ranged from 95.50 to 100.86. According to the industry distribution chart, City of London Investment Trust (The) ranks #272 out of 1580 companies in the Asset Management industry, placing it in the top 17.2%.
Is City of London Investment Trust (The)'s Net Margin % too high?
City of London Investment Trust (The)'s current Net Margin % of 99.72% is near median its 10-year median of 98.45. Over the past 10 years, this metric has ranged from a low of 95.50 to a high of 100.86. The Asset Management industry median Net Margin % is 84.90. City of London Investment Trust (The)'s value of 99.72% is 17.5% above this industry median. Based on the distribution chart, City of London Investment Trust (The) ranks #272 out of 1580 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, City of London Investment Trust (The) has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does City of London Investment Trust (The)'s Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, City of London Investment Trust (The) ranks #272 out of 1580 companies for Net Margin %. This places City of London Investment Trust (The) in the top 17% of its industry — outperforming the majority of peers. The industry median Net Margin % is 84.90. City of London Investment Trust (The)'s value of 99.72% is 17.5% above this benchmark. Historically, City of London Investment Trust (The)'s own Net Margin % has ranged from 95.50 to 100.86 over the past decade. While the company's 10-year median is 98.45 vs. the industry median of 84.90, City of London Investment Trust (The) 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 1,580 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. City of London Investment Trust (The)'s current Net Margin % of 99.72% is 17.5% 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 City of London Investment Trust (The) 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. City of London Investment Trust (The)'s current Net Margin % is 99.72%, which is near median its own 10-year median of 98.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City of London Investment Trust (The) stock overvalued right now?
Based on GuruFocus' analysis, City of London Investment Trust (The) (LSE:CTY) is currently considered Significantly Undervalued. The stock's GF Value™ is £13.96, compared to a current price of £5.62 — trading 59.7% below its estimated fair value. The current Net Margin % is 99.72%, which is near median its 10-year median of 98.45 and 17.5% above the Asset Management industry median of 84.90. City of London Investment Trust (The)'s overall GF Score™ is 44/100 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 City of London Investment Trust (The) (LSE:CTY), the current Net Margin % is 99.72% 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 City of London Investment Trust (The) (LSE:CTY) Overvalued in 2026?

Based on GuruFocus' analysis, City of London Investment Trust (The) stock appears to be undervalued. The current stock price of £5.62 is trading 59.7% below its estimated GF Value™ of £13.96. GuruFocus considers City of London Investment Trust (The) to be Significantly Undervalued.

Key valuation signals for LSE:CTY:

  • Net Margin %: 99.72% (near median its 10-year median of 98.45)
  • GF Value™: £13.96 vs. price of £5.62 (59.7% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 17.5% above the Asset Management median (#272 of 1580)

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


City of London Investment Trust (The) Business Description

Address 201 Bishopsgate, London, GBR, EC2M 3AE
City of London Investment Trust (The) PLC is an investment trust which aims to provide long-term growth in income and capital through investments in equities listed on the London Stock Exchange. While the company mainly invests in equities, there is the flexibility to invest in debt securities, such as convertibles, corporate bonds, or government debt. It generates key revenue from investing in the UK market.
44GF Score

Get the complete analysis for LSE:CTY

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

£5.62
Price
£13.96
GF Value