Victrex (LSE:VCT) Net Margin %: -21.81% (As of Mar. 2026)


LSE:VCT Victrex PLC LSE:VCT
71 GF Score
Price £5.99
GF Value £9.89
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Victrex Net Margin %?

Victrex LSE:VCT -0.83% 71 Net Margin % is -21.81% as of Mar. 2026. GuruFocus rates LSE:VCT with a GF Score™ of 71/100 and a GF Value™ of £9.89 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,585 Chemicals companies, Victrex ranks worse than 84.42% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Victrex's Net Income for the six months ended in Mar. 2026 was £-32.3 Mil. Victrex's Revenue for the six months ended in Mar. 2026 was £148.1 Mil. Therefore, Victrex's net margin for the quarter that ended in Mar. 2026 was -21.81%.

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

LSE:VCT' s Net Margin % Range Over the Past 10 Years
Min: -6.65   Med: 22.94   Max: 34.29
Current: -6.65


LSE:VCT's Net Margin % is ranked worse than
84.42% of 1585 companies
in the Chemicals industry
Industry Median: 3.89 vs LSE:VCT: -6.65

Victrex  (LSE:VCT) 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.


Victrex Net Margin % Related Terms


Victrex Net Margin % Historical Data

* Premium members only.

The historical data trend for Victrex'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.

Victrex Net Margin % Chart

Victrex 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 23.52 22.35 20.10 5.81 9.38

Victrex 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 1.90 9.39 10.26 8.50 -21.81

LSE:VCT vs LIN, SHW, ECL: Net Margin % Comparison

For the Specialty Chemicals subindustry, Victrex'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.


Victrex Net Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Victrex's Net Margin % distribution charts can be found below:

* The bar in red indicates where Victrex's Net Margin % falls into.


LSE:VCT
71GF Score
Victrex PLC LSE:VCT
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Victrex 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.

Victrex'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 )
=27.8/296.4
=9.38 %

Victrex'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 )
=-32.3/148.1
=-21.81 %

* 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 -21.81% mean?
Victrex (LSE:VCT) has a Net Margin % of -21.81% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Victrex and its competitors. According to the industry distribution chart, Victrex ranks #1338 out of 1585 companies in the Chemicals industry, placing it in the top 84.4%.
Is Victrex's Net Margin % too high?
Victrex's current Net Margin % is -21.81%. Based on the distribution chart, Victrex ranks #1338 out of 1585 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Victrex has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Victrex's Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Victrex ranks #1338 out of 1585 companies for Net Margin %. This places Victrex in the lower half of its industry. The industry median Net Margin % is 3.89. 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 a Chemicals company?
The median Net Margin % among Chemicals companies is 3.89, based on 1,585 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. 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 Victrex and its competitors. For the Chemicals industry, the median Net Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victrex's current Net Margin % is -21.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victrex stock overvalued right now?
Based on GuruFocus' analysis, Victrex (LSE:VCT) is currently considered Significantly Undervalued. The stock's GF Value™ is £9.89, compared to a current price of £5.99 — trading 39.4% below its estimated fair value. The current Net Margin % is -21.81%. Victrex's overall GF Score™ is 71/100 with 7 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 Victrex (LSE:VCT), the current Net Margin % is -21.81% 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 Victrex (LSE:VCT) Overvalued in 2026?

Based on GuruFocus' analysis, Victrex stock appears to be undervalued. The current stock price of £5.99 is trading 39.4% below its estimated GF Value™ of £9.89. GuruFocus considers Victrex to be Significantly Undervalued.

Key valuation signals for LSE:VCT:

  • Net Margin %: -21.81%
  • GF Value™: £9.89 vs. price of £5.99 (39.4% below fair value)
  • GF Score™: 71/100 with 7 warning signs

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


Victrex Business Description

Other Exchanges VTXPF:USAVCTl:UK1OY:Germany
Address Victrex Technology Centre, Hillhouse International, Thornton Cleveleys, Lancashire, GBR, FY5 4QD
Victrex PLC is a British specialty chemicals company whose business is based predominantly on manufacturing and creating solutions using polyetheretherketone, or PEEK, an ultra-high-performance lightweight plastic. The business has two segments. The Sustainable Solutions targets transportation, energy, electronics, and manufacturing, while the Medical Segment provides healthcare solutions for the implantable device markets. Geographically operates in the United Kingdom, Europe, the Middle East and Africa (EMEA), America, and Asia-Pacific. Its maximum sales are generated from the Middle East and Africa (EMEA).
71GF Score

Get the complete analysis for LSE:VCT

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

£5.99
Price
£9.89
GF Value