The European Smaller Trust (LSE:ESCT) Net Margin %: 98.14% (As of Dec. 2025) — Near Median


LSE:ESCT The European Smaller Companies Trust PLC LSE:ESCT
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What is The European Smaller Trust Net Margin %?

The European Smaller Trust LSE:ESCT +0.43% 40 Net Margin % is 98.14% as of Dec. 2025, which is 0% above its 10-year median of 97.70. GuruFocus rates LSE:ESCT with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 1,580 Asset Management companies, The European Smaller Trust ranks better than 73.8% on this metric.

Net margin is calculated as Net Income divided by its Revenue. The European Smaller Trust's Net Income for the six months ended in Dec. 2025 was £45.9 Mil. The European Smaller Trust's Revenue for the six months ended in Dec. 2025 was £46.8 Mil. Therefore, The European Smaller Trust's net margin for the quarter that ended in Dec. 2025 was 98.14%.

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

LSE:ESCT' s Net Margin % Range Over the Past 10 Years
Min: 84.84   Med: 97.7   Max: 104.55
Current: 98.4


LSE:ESCT's Net Margin % is ranked better than
73.8% of 1580 companies
in the Asset Management industry
Industry Median: 84.895 vs LSE:ESCT: 98.40

The European Smaller Trust  (LSE:ESCT) 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.


The European Smaller Trust Net Margin % Related Terms


The European Smaller Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for The European Smaller Trust'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.

The European Smaller Trust Net Margin % Chart

The European Smaller Trust 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 99.38 102.04 97.41 97.54 96.53

The European Smaller Trust 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 97.71 97.43 101.56 98.47 98.14

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

For the Asset Management subindustry, The European Smaller Trust'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.


The European Smaller Trust Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, The European Smaller Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where The European Smaller Trust's Net Margin % falls into.


LSE:ESCT
40GF Score
The European Smaller Companies Trust PLC LSE:ESCT
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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The European Smaller Trust 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.

The European Smaller Trust'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 )
=90.057/93.298
=96.53 %

The European Smaller Trust'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 )
=45.942/46.812
=98.14 %

* 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 98.14% mean?
The European Smaller Trust (LSE:ESCT) has a Net Margin % of 98.14% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on The European Smaller Trust and its competitors. This is near median its historical median of 97.70. Over the past decade, The European Smaller Trust's Net Margin % has ranged from 84.84 to 104.55. According to the industry distribution chart, The European Smaller Trust ranks #414 out of 1580 companies in the Asset Management industry, placing it in the top 26.2%.
Is The European Smaller Trust's Net Margin % too high?
The European Smaller Trust's current Net Margin % of 98.14% is near median its 10-year median of 97.70. Over the past 10 years, this metric has ranged from a low of 84.84 to a high of 104.55. The Asset Management industry median Net Margin % is 84.90. The European Smaller Trust's value of 98.14% is 15.6% above this industry median. Based on the distribution chart, The European Smaller Trust ranks #414 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, The European Smaller Trust has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does The European Smaller Trust's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, The European Smaller Trust ranks #414 out of 1580 companies for Net Margin %. This puts The European Smaller Trust in the upper half of its industry. The industry median Net Margin % is 84.90. The European Smaller Trust's value of 98.14% is 15.6% above this benchmark. Historically, The European Smaller Trust's own Net Margin % has ranged from 84.84 to 104.55 over the past decade. While the company's 10-year median is 97.70 vs. the industry median of 84.90, The European Smaller Trust 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. The European Smaller Trust's current Net Margin % of 98.14% is 15.6% 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 The European Smaller Trust 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. The European Smaller Trust's current Net Margin % is 98.14%, which is near median its own 10-year median of 97.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The European Smaller Trust stock overvalued right now?
The European Smaller Trust (LSE:ESCT) has a current Net Margin % of 98.14%. The current Net Margin % is 98.14%, which is near median its 10-year median of 97.70 and 15.6% above the Asset Management industry median of 84.90. The European Smaller Trust's overall GF Score™ is 40/100 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 The European Smaller Trust (LSE:ESCT), the current Net Margin % is 98.14% 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.

The European Smaller Trust Business Description

Address 201 Bishopsgate, London, GBR, EC2M 3AE
The European Smaller Companies Trust PLC is a United Kingdom-based trust focused on capital growth through equities in smaller and medium-sized European companies. It focuses on equities from smaller and medium-sized companies quoted, domiciled, listed, or operating across Europe, excluding the UK. Its portfolio includes industrial goods, technology, financials, business providers, basic materials, consumer goods, retail providers and natural resource sectors.
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