Polar Capital Global Healthcare Trust (LSE:PCGH) Net Margin %: 96.06% (As of Mar. 2026) — Near Median


LSE:PCGH Polar Capital Global Healthcare Trust PLC LSE:PCGH
54 GF Score
Price £4.38
GF Value £9.07
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Polar Capital Global Healthcare Trust Net Margin %?

Polar Capital Global Healthcare Trust LSE:PCGH +1.86% 54 Net Margin % is 96.06% as of Mar. 2026, which is 0% above its 10-year median of 95.79. GuruFocus rates LSE:PCGH with a GF Score™ of 54/100 and a GF Value™ of £9.07 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,580 Asset Management companies, Polar Capital Global Healthcare Trust ranks better than 63.1% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Polar Capital Global Healthcare Trust's Net Income for the six months ended in Mar. 2026 was £25.55 Mil. Polar Capital Global Healthcare Trust's Revenue for the six months ended in Mar. 2026 was £26.60 Mil. Therefore, Polar Capital Global Healthcare Trust's net margin for the quarter that ended in Mar. 2026 was 96.06%.

The historical rank and industry rank for Polar Capital Global Healthcare Trust's Net Margin % or its related term are showing as below:

LSE:PCGH' s Net Margin % Range Over the Past 10 Years
Min: 45.64   Med: 95.79   Max: 234.65
Current: 96.2


LSE:PCGH's Net Margin % is ranked better than
63.1% of 1580 companies
in the Asset Management industry
Industry Median: 84.895 vs LSE:PCGH: 96.20

Polar Capital Global Healthcare Trust  (LSE:PCGH) 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.


Polar Capital Global Healthcare Trust Net Margin % Related Terms


Polar Capital Global Healthcare Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for Polar Capital Global Healthcare 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.

Polar Capital Global Healthcare Trust Net Margin % Chart

Polar Capital Global Healthcare Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.77 90.40 84.23 95.86 105.21

Polar Capital Global Healthcare Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 98.65 135.05 101.23 96.36 96.06

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

For the Asset Management subindustry, Polar Capital Global Healthcare 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.


Polar Capital Global Healthcare Trust Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Polar Capital Global Healthcare Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Polar Capital Global Healthcare Trust's Net Margin % falls into.


LSE:PCGH
54GF Score
Polar Capital Global Healthcare Trust PLC LSE:PCGH
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Polar Capital Global Healthcare 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.

Polar Capital Global Healthcare Trust's Net Margin for the fiscal year that ended in Sep. 2025 is calculated as

Net Margin=Net Income (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=-28.053/-26.663
=105.21 %

Polar Capital Global Healthcare Trust's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=25.55/26.597
=96.06 %

* 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 96.06% mean?
Polar Capital Global Healthcare Trust (LSE:PCGH) has a Net Margin % of 96.06% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Polar Capital Global Healthcare Trust and its competitors. This is near median its historical median of 95.79. Over the past decade, Polar Capital Global Healthcare Trust's Net Margin % has ranged from 45.64 to 234.65. According to the industry distribution chart, Polar Capital Global Healthcare Trust ranks #583 out of 1580 companies in the Asset Management industry, placing it in the top 36.9%.
Is Polar Capital Global Healthcare Trust's Net Margin % too high?
Polar Capital Global Healthcare Trust's current Net Margin % of 96.06% is near median its 10-year median of 95.79. Over the past 10 years, this metric has ranged from a low of 45.64 to a high of 234.65. The Asset Management industry median Net Margin % is 84.90. Polar Capital Global Healthcare Trust's value of 96.06% is 13.2% above this industry median. Based on the distribution chart, Polar Capital Global Healthcare Trust ranks #583 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, Polar Capital Global Healthcare Trust has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Global Healthcare Trust's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Global Healthcare Trust ranks #583 out of 1580 companies for Net Margin %. This puts Polar Capital Global Healthcare Trust in the upper half of its industry. The industry median Net Margin % is 84.90. Polar Capital Global Healthcare Trust's value of 96.06% is 13.2% above this benchmark. Historically, Polar Capital Global Healthcare Trust's own Net Margin % has ranged from 45.64 to 234.65 over the past decade. While the company's 10-year median is 95.79 vs. the industry median of 84.90, Polar Capital Global Healthcare 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. Polar Capital Global Healthcare Trust's current Net Margin % of 96.06% is 13.2% 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 Polar Capital Global Healthcare 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. Polar Capital Global Healthcare Trust's current Net Margin % is 96.06%, which is near median its own 10-year median of 95.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Global Healthcare Trust stock overvalued right now?
Based on GuruFocus' analysis, Polar Capital Global Healthcare Trust (LSE:PCGH) is currently considered Significantly Undervalued. The stock's GF Value™ is £9.07, compared to a current price of £4.38 — trading 51.7% below its estimated fair value. The current Net Margin % is 96.06%, which is near median its 10-year median of 95.79 and 13.2% above the Asset Management industry median of 84.90. Polar Capital Global Healthcare Trust's overall GF Score™ is 54/100 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 Polar Capital Global Healthcare Trust (LSE:PCGH), the current Net Margin % is 96.06% 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 Polar Capital Global Healthcare Trust (LSE:PCGH) Overvalued in 2026?

Based on GuruFocus' analysis, Polar Capital Global Healthcare Trust stock appears to be undervalued. The current stock price of £4.38 is trading 51.7% below its estimated GF Value™ of £9.07. GuruFocus considers Polar Capital Global Healthcare Trust to be Significantly Undervalued.

Key valuation signals for LSE:PCGH:

  • Net Margin %: 96.06% (near median its 10-year median of 95.79)
  • GF Value™: £9.07 vs. price of £4.38 (51.7% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 13.2% above the Asset Management median (#583 of 1580)

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


Polar Capital Global Healthcare Trust Business Description

Address 16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Global Healthcare Trust PLC is a United Kingdom-based investment trust company. The company's investment objective is the generation of capital growth through investments in a portfolio of healthcare stocks. The purpose of the company is to provide an investment vehicle for investors which aims to deliver long term capital growth to shareholders from a range of diversified healthcare stocks.
54GF Score

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

£4.38
Price
£9.07
GF Value