North Atlantic Smaller Inv Trust (LSE:NAS) Net Margin %: 112.86% (As of Jan. 2026) — 15% Above Median


LSE:NAS North Atlantic Smaller Companies Inv Trust PLC LSE:NAS
43 GF Score
Price £4.00
! 5 Warning Signs
View Full Analysis

What is North Atlantic Smaller Inv Trust Net Margin %?

North Atlantic Smaller Inv Trust LSE:NAS 43 Net Margin % is 112.86% as of Jan. 2026, which is 15% above its 10-year median of 97.80. GuruFocus rates LSE:NAS with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 1,580 Asset Management companies, North Atlantic Smaller Inv Trust ranks better than 56.77% on this metric.

Net margin is calculated as Net Income divided by its Revenue. North Atlantic Smaller Inv Trust's Net Income for the six months ended in Jan. 2026 was £-14.99 Mil. North Atlantic Smaller Inv Trust's Revenue for the six months ended in Jan. 2026 was £-13.28 Mil. Therefore, North Atlantic Smaller Inv Trust's net margin for the quarter that ended in Jan. 2026 was 112.86%.

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

LSE:NAS' s Net Margin % Range Over the Past 10 Years
Min: 59.22   Med: 97.8   Max: 101.8
Current: 92.51


LSE:NAS's Net Margin % is ranked better than
56.77% of 1580 companies
in the Asset Management industry
Industry Median: 84.895 vs LSE:NAS: 92.51

North Atlantic Smaller Inv Trust  (LSE:NAS) 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.


North Atlantic Smaller Inv Trust Net Margin % Related Terms


North Atlantic Smaller Inv Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for North Atlantic Smaller Inv 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.

North Atlantic Smaller Inv Trust Net Margin % Chart

North Atlantic Smaller Inv Trust Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.93 101.80 59.22 96.87 92.51

North Atlantic Smaller Inv Trust Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 97.24 98.89 103.11 98.52 112.86

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

For the Asset Management subindustry, North Atlantic Smaller Inv 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.


North Atlantic Smaller Inv Trust Net Margin % vs Asset Management Industry

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

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


LSE:NAS
43GF Score
North Atlantic Smaller Companies Inv Trust PLC LSE:NAS
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Atlantic Smaller Inv 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.

North Atlantic Smaller Inv Trust's Net Margin for the fiscal year that ended in Jan. 2026 is calculated as

Net Margin=Net Income (A: Jan. 2026 )/Revenue (A: Jan. 2026 )
=29.301/31.672
=92.51 %

North Atlantic Smaller Inv Trust's Net Margin for the quarter that ended in Jan. 2026 is calculated as

Net Margin=Net Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=-14.985/-13.278
=112.86 %

* 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 112.86% mean?
North Atlantic Smaller Inv Trust (LSE:NAS) has a Net Margin % of 112.86% as of Jan. 2026. Net margin is the ratio of total net income to net sales. View historical data on North Atlantic Smaller Inv Trust and its competitors. This is 15% above median its historical median of 97.80. Over the past decade, North Atlantic Smaller Inv Trust's Net Margin % has ranged from 59.22 to 101.80. According to the industry distribution chart, North Atlantic Smaller Inv Trust ranks #683 out of 1580 companies in the Asset Management industry, placing it in the top 43.2%.
Is North Atlantic Smaller Inv Trust's Net Margin % too high?
North Atlantic Smaller Inv Trust's current Net Margin % of 112.86% is 15% above median its 10-year median of 97.80. Over the past 10 years, this metric has ranged from a low of 59.22 to a high of 101.80. The Asset Management industry median Net Margin % is 84.90. North Atlantic Smaller Inv Trust's value of 112.86% is 32.9% above this industry median. Based on the distribution chart, North Atlantic Smaller Inv Trust ranks #683 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, North Atlantic Smaller Inv Trust has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does North Atlantic Smaller Inv Trust's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, North Atlantic Smaller Inv Trust ranks #683 out of 1580 companies for Net Margin %. This puts North Atlantic Smaller Inv Trust in the upper half of its industry. The industry median Net Margin % is 84.90. North Atlantic Smaller Inv Trust's value of 112.86% is 32.9% above this benchmark. Historically, North Atlantic Smaller Inv Trust's own Net Margin % has ranged from 59.22 to 101.80 over the past decade. While the company's 10-year median is 97.80 vs. the industry median of 84.90, North Atlantic Smaller Inv 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. North Atlantic Smaller Inv Trust's current Net Margin % of 112.86% is 32.9% 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 North Atlantic Smaller Inv 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. North Atlantic Smaller Inv Trust's current Net Margin % is 112.86%, which is 15% above median its own 10-year median of 97.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Atlantic Smaller Inv Trust stock overvalued right now?
North Atlantic Smaller Inv Trust (LSE:NAS) has a current Net Margin % of 112.86%. The current Net Margin % is 112.86%, which is 15% above median its 10-year median of 97.80 and 32.9% above the Asset Management industry median of 84.90. North Atlantic Smaller Inv Trust's overall GF Score™ is 43/100 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 North Atlantic Smaller Inv Trust (LSE:NAS), the current Net Margin % is 112.86% as of Jan. 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.

North Atlantic Smaller Inv Trust Business Description

Address 6 Stratton Street, Mayfair, London, GBR, W1J 8LD
North Atlantic Smaller Companies Inv Trust PLC is a United Kingdom-based investment trust. The company's objective is to provide capital appreciation through investment in a portfolio of smaller companies mainly based in countries bordering the North Atlantic Ocean. Its only operating segment is the Investment business. The company invests in a diversified range of companies, both quoted and unquoted, on both sides of the Atlantic.
43GF Score

Get the complete analysis for LSE:NAS

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

£4.00
Price