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VietNam HoldingLSE:VNH +0.15%39 Net Margin % is 93.41% as of Dec. 2025, which is 8% below its 10-year median of 101.86. GuruFocus rates LSE:VNH with a GF Score™ of 39/100. The stock has 1 warning sign investors should review. Among 1,569 Asset Management companies, VietNam Holding ranks worse than 51.56% on this metric.
Net margin is calculated as Net Income divided by its Revenue. VietNam Holding's Net Income for the
six
months ended in Dec. 2025 was £10.15 Mil. VietNam Holding's Revenue for the
six
months ended in Dec. 2025 was £10.86 Mil. Therefore, VietNam Holding's net margin for the quarter that ended in Dec. 2025 was 93.41%.
The historical rank and industry rank for VietNam Holding's Net Margin % or its related term are showing as below:
LSE:VNH'
s Net Margin % Range Over the Past 10 Years
Min: 82.97 Med: 101.86 Max: 225.43
Current: 82.97
LSE:VNH's Net Margin % is ranked worse than 51.56% of 1569
companies
in the Asset Management industry
Industry Median: 85.27
vs LSE:VNH: 82.97
VietNam Holding (LSE:VNH) 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.
VietNam Holding Net Margin % Related Terms
VietNam Holding Net Margin % Historical Data
* Premium members only.
The historical data trend for VietNam Holding'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, VietNam Holding'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.
VietNam Holding Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, VietNam Holding's Net Margin % distribution charts can be found below:
* The bar in red indicates where VietNam Holding'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.
VietNam Holding (LSE:VNH) has a Net Margin % of 93.41% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on VietNam Holding and its competitors. This is near median its historical median of 101.86. Over the past decade, VietNam Holding's Net Margin % has ranged from 82.97 to 225.43. According to the industry distribution chart, VietNam Holding ranks #809 out of 1569 companies in the Asset Management industry, placing it in the top 51.6%.
Is VietNam Holding's Net Margin % too high?
VietNam Holding's current Net Margin % of 93.41% is near median its 10-year median of 101.86. Over the past 10 years, this metric has ranged from a low of 82.97 to a high of 225.43. The Asset Management industry median Net Margin % is 85.27. VietNam Holding's value of 93.41% is 9.5% above this industry median. Based on the distribution chart, VietNam Holding ranks #809 out of 1569 companies in the Asset Management industry, which is below the industry midpoint. Overall, VietNam Holding has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does VietNam Holding's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, VietNam Holding ranks #809 out of 1569 companies for Net Margin %. This places VietNam Holding in the lower half of its industry. The industry median Net Margin % is 85.27. VietNam Holding's value of 93.41% is 9.5% above this benchmark. Historically, VietNam Holding's own Net Margin % has ranged from 82.97 to 225.43 over the past decade. While the company's 10-year median is 101.86 vs. the industry median of 85.27, VietNam Holding 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 85.27, based on 1,569 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. VietNam Holding's current Net Margin % of 93.41% is 9.5% 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 VietNam Holding and its competitors. For the Asset Management industry, the median Net Margin % is 85.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VietNam Holding's current Net Margin % is 93.41%, which is near median its own 10-year median of 101.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VietNam Holding stock overvalued right now?
VietNam Holding (LSE:VNH) has a current Net Margin % of 93.41%. The current Net Margin % is 93.41%, which is near median its 10-year median of 101.86 and 9.5% above the Asset Management industry median of 85.27. VietNam Holding's overall GF Score™ is 39/100 with 1 warning sign 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 VietNam Holding (LSE:VNH), the current Net Margin % is 93.41% 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.
VietNam Holding Ltd is a closed-end investment company. Its investment objective is to achieve long-term capital appreciation by investing in a diversified portfolio of companies that have high growth potential at an attractive valuation. The company invests in the securities of publicly traded companies in Vietnam, as well as in the securities of foreign companies if a majority of their assets and/or operations are based in Vietnam.
39GF Score
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