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Puma Alpha VCTLSE:PUAL 33 Net Margin % is 117.79% as of Feb. 2026, which is 4% above its 10-year median of 112.94. GuruFocus rates LSE:PUAL with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,574 Asset Management companies, Puma Alpha VCT ranks better than 88.95% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Puma Alpha VCT's Net Income for the
six
months ended in Feb. 2026 was £-1.57 Mil. Puma Alpha VCT's Revenue for the
six
months ended in Feb. 2026 was £-1.33 Mil. Therefore, Puma Alpha VCT's net margin for the quarter that ended in Feb. 2026 was 117.79%.
The historical rank and industry rank for Puma Alpha VCT's Net Margin % or its related term are showing as below:
LSE:PUAL'
s Net Margin % Range Over the Past 10 Years
Min: 90.12 Med: 112.94 Max: 419.57
Current: 115.8
LSE:PUAL's Net Margin % is ranked better than 88.95% of 1574
companies
in the Asset Management industry
Industry Median: 85.285
vs LSE:PUAL: 115.80
Puma Alpha VCT (LSE:PUAL) 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.
Puma Alpha VCT Net Margin % Related Terms
Puma Alpha VCT Net Margin % Historical Data
* Premium members only.
The historical data trend for Puma Alpha VCT'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.
For the Asset Management subindustry, Puma Alpha VCT'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.
Puma Alpha VCT Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Puma Alpha VCT's Net Margin % distribution charts can be found below:
* The bar in red indicates where Puma Alpha VCT's Net Margin % falls into.
* 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.
Puma Alpha VCT (LSE:PUAL) has a Net Margin % of 117.79% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Puma Alpha VCT and its competitors. This is near median its historical median of 112.94. Over the past decade, Puma Alpha VCT's Net Margin % has ranged from 90.12 to 419.57. According to the industry distribution chart, Puma Alpha VCT ranks #174 out of 1574 companies in the Asset Management industry, placing it in the top 11.1%.
Is Puma Alpha VCT's Net Margin % too high?
Puma Alpha VCT's current Net Margin % of 117.79% is near median its 10-year median of 112.94. Over the past 10 years, this metric has ranged from a low of 90.12 to a high of 419.57. The Asset Management industry median Net Margin % is 85.29. Puma Alpha VCT's value of 117.79% is 38.1% above this industry median. Based on the distribution chart, Puma Alpha VCT ranks #174 out of 1574 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Puma Alpha VCT has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Puma Alpha VCT's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Puma Alpha VCT ranks #174 out of 1574 companies for Net Margin %. This places Puma Alpha VCT in the top 11% of its industry — outperforming the majority of peers. The industry median Net Margin % is 85.29. Puma Alpha VCT's value of 117.79% is 38.1% above this benchmark. Historically, Puma Alpha VCT's own Net Margin % has ranged from 90.12 to 419.57 over the past decade. While the company's 10-year median is 112.94 vs. the industry median of 85.29, Puma Alpha VCT 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 85.29, based on 1,574 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. Puma Alpha VCT's current Net Margin % of 117.79% is 38.1% 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 Puma Alpha VCT and its competitors. For the Asset Management industry, the median Net Margin % is 85.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Puma Alpha VCT's current Net Margin % is 117.79%, which is near median its own 10-year median of 112.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puma Alpha VCT stock overvalued right now?
Puma Alpha VCT (LSE:PUAL) has a current Net Margin % of 117.79%. The current Net Margin % is 117.79%, which is near median its 10-year median of 112.94 and 38.1% above the Asset Management industry median of 85.29. Puma Alpha VCT's overall GF Score™ is 33/100 with 2 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 Puma Alpha VCT (LSE:PUAL), the current Net Margin % is 117.79% as of Feb. 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.
Puma Alpha VCT PLC is engaged in making investments in qualifying and non-qualifying holdings of shares or securities. The Company seeks to achieve its investment objective of proactively managing the assets of the fund with an emphasis on realising gains in the medium term and maximising distributions from capital gains and income generated from the Company's assets.
33GF Score
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