Pender Growth FundTSXV:PTF -0.68%47 Net Margin % is 180.82% as of Mar. 2026, which is 80% above its 10-year median of 100.54. GuruFocus rates TSXV:PTF with a GF Score™ of 47/100 and a GF Value™ of C$1.19 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,576 Asset Management companies, Pender Growth Fund ranks worse than 59.84% on this metric.
The historical rank and industry rank for Pender Growth Fund's Net Margin % or its related term are showing as below:
TSXV:PTF'
s Net Margin % Range Over the Past 10 Years
Min: 14.17 Med: 100.54 Max: 124.45
Current: 62.73
TSXV:PTF's Net Margin % is ranked worse than 59.84% of 1576
companies
in the Asset Management industry
Industry Median: 84.895
vs TSXV:PTF: 62.73
Pender Growth Fund (TSXV:PTF) 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.
Pender Growth Fund Net Margin % Related Terms
Pender Growth Fund Net Margin % Historical Data
* Premium members only.
The historical data trend for Pender Growth Fund'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, Pender Growth Fund'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.
Pender Growth Fund Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pender Growth Fund's Net Margin % distribution charts can be found below:
* The bar in red indicates where Pender Growth Fund'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.
Pender Growth Fund (TSXV:PTF) has a Net Margin % of 180.82% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Pender Growth Fund and its competitors. This is 80% above median its historical median of 100.54. Over the past decade, Pender Growth Fund's Net Margin % has ranged from 14.17 to 124.45. According to the industry distribution chart, Pender Growth Fund ranks #943 out of 1576 companies in the Asset Management industry, placing it in the top 59.8%.
Is Pender Growth Fund's Net Margin % too high?
Pender Growth Fund's current Net Margin % of 180.82% is 80% above median its 10-year median of 100.54. Over the past 10 years, this metric has ranged from a low of 14.17 to a high of 124.45. The Asset Management industry median Net Margin % is 84.90. Pender Growth Fund's value of 180.82% is 113% above this industry median. Based on the distribution chart, Pender Growth Fund ranks #943 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. Overall, Pender Growth Fund has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pender Growth Fund's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Pender Growth Fund ranks #943 out of 1576 companies for Net Margin %. This places Pender Growth Fund in the lower half of its industry. The industry median Net Margin % is 84.90. Pender Growth Fund's value of 180.82% is 113% above this benchmark. Historically, Pender Growth Fund's own Net Margin % has ranged from 14.17 to 124.45 over the past decade. While the company's 10-year median is 100.54 vs. the industry median of 84.90, Pender Growth Fund 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 1,576 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. Pender Growth Fund's current Net Margin % of 180.82% is 113% 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 Pender Growth Fund 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. Pender Growth Fund's current Net Margin % is 180.82%, which is 80% above median its own 10-year median of 100.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pender Growth Fund stock overvalued right now?
Based on GuruFocus' analysis, Pender Growth Fund (TSXV:PTF) is currently considered Significantly Overvalued. The stock's GF Value™ is C$1.19, compared to a current price of C$14.60 — trading 1126.9% above its estimated fair value. The current Net Margin % is 180.82%, which is 80% above median its 10-year median of 100.54 and 113% above the Asset Management industry median of 84.90. Pender Growth Fund's overall GF Score™ is 47/100 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 Pender Growth Fund (TSXV:PTF), the current Net Margin % is 180.82% 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 Pender Growth Fund (TSXV:PTF) Overvalued in 2026?
Based on GuruFocus' analysis, Pender Growth Fund stock appears to be overvalued.
The current stock price of C$14.60 is trading 1126.9% above its estimated GF Value™ of C$1.19.
GuruFocus considers Pender Growth Fund to be Significantly Overvalued.
Key valuation signals for TSXV:PTF:
Net Margin %: 180.82% (80% above median its 10-year median of 100.54)
GF Value™: C$1.19 vs. price of C$14.60 (1126.9% above fair value)
Industry Position: 113% above the Asset Management median (#943 of 1576)
No single metric tells the full story. See the TSXV:PTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pender Growth Fund Inc is an asset management firm. The investment objective of the company is to achieve long-term capital growth from investment in opportunities identified by the Manager. The company generates its revenue in the form of dividends and interest. Its solutions include: All Fund Solutions; Equity; Fixed Income; Multi-Asset; Liquid Alternative; and Venture Capital.
47GF Score
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