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Royce Small-Cap Trust (NYSE:RVT) 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.
Royce Small-Cap Trust Net Margin % Related Terms
Royce Small-Cap Trust Net Margin % Historical Data
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The historical data trend for Royce Small-Cap 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.
For the Asset Management subindustry, Royce Small-Cap 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.
Royce Small-Cap Trust Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Royce Small-Cap Trust's Net Margin % distribution charts can be found below:
* The bar in red indicates where Royce Small-Cap Trust'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.
Royce Small-Cap Trust (RVT) has a Net Margin % of 0.00% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Royce Small-Cap Trust and its competitors. Over the past decade, Royce Small-Cap Trust's Net Margin % has ranged from 87.02 to 101.26. According to the industry distribution chart, Royce Small-Cap Trust ranks #772 out of 1568 companies in the Asset Management industry, placing it in the top 49.2%.
Is Royce Small-Cap Trust's Net Margin % too high?
Royce Small-Cap Trust's current Net Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 87.02 to a high of 101.26. Based on the distribution chart, Royce Small-Cap Trust ranks #772 out of 1568 companies in the Asset Management industry, which is above the industry midpoint. Overall, Royce Small-Cap Trust has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royce Small-Cap Trust's Net Margin % compare to NMZ and GOF?
According to the Asset Management industry distribution chart, Royce Small-Cap Trust ranks #772 out of 1568 companies for Net Margin %. This puts Royce Small-Cap Trust in the upper half of its industry. The industry median Net Margin % is 85.25. Historically, Royce Small-Cap Trust's own Net Margin % has ranged from 87.02 to 101.26 over the past decade. 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 85.25, based on 1,568 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 Royce Small-Cap Trust and its competitors. For the Asset Management industry, the median Net Margin % is 85.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royce Small-Cap Trust's current Net Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royce Small-Cap Trust stock overvalued right now?
Based on GuruFocus' analysis, Royce Small-Cap Trust (RVT) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.62, compared to a current price of $18.82 — trading 13.2% above its estimated fair value. The current Net Margin % is 0.00%. Royce Small-Cap Trust's overall GF Score™ is 60/100 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 Royce Small-Cap Trust (RVT), the current Net Margin % is 0.00% 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.
Is Royce Small-Cap Trust (RVT) Overvalued in 2026?
Based on GuruFocus' analysis, Royce Small-Cap Trust stock appears to be overvalued.
The current stock price of $18.82 is trading 13.2% above its estimated GF Value™ of $16.62.
GuruFocus considers Royce Small-Cap Trust to be Modestly Overvalued.
Key valuation signals for RVT:
Net Margin %: 0.00%
GF Value™: $16.62 vs. price of $18.82 (13.2% above fair value)
No single metric tells the full story. See the RVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royce Small-Cap Trust Inc is a diversified closed-end investment company that invests in equity securities of small-cap companies. The company portfolio includes sectors such as Industrials, Financials, Information Technology, Health Care, and Consumer Discretionary.
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