Hearts And Minds InvestmentsASX:HM1 37 Pretax Margin % is 46.99% as of Dec. 2025, which is 47% below its 10-year median of 89.04. GuruFocus rates ASX:HM1 with a GF Score™ of 37/100 and a GF Value™ of A$1.51 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,576 Asset Management companies, Hearts And Minds Investments ranks worse than 61.55% on this metric.
The historical rank and industry rank for Hearts And Minds Investments's Pretax Margin % or its related term are showing as below:
ASX:HM1'
s Pretax Margin % Range Over the Past 10 Years
Min: -109.07 Med: 89.04 Max: 356.14
Current: 66.35
ASX:HM1's Pretax Margin % is ranked worse than 61.55% of 1576
companies
in the Asset Management industry
Industry Median: 89.475
vs ASX:HM1: 66.35
Hearts And Minds Investments (ASX:HM1) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Hearts And Minds Investments Pretax Margin % Related Terms
Hearts And Minds Investments Pretax Margin % Historical Data
* 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.
Hearts And Minds Investments Pretax Margin % Chart
ASX:HM1 vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Hearts And Minds Investments's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Hearts And Minds Investments Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hearts And Minds Investments's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hearts And Minds Investments's Pretax 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.
Hearts And Minds Investments (ASX:HM1) has a Pretax Margin % of 46.99% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hearts And Minds Investments and its competitors. This is 47% below median its historical median of 89.04. According to the industry distribution chart, Hearts And Minds Investments ranks #970 out of 1576 companies in the Asset Management industry, placing it in the top 61.5%.
Is Hearts And Minds Investments' Pretax Margin % too high?
Hearts And Minds Investments' current Pretax Margin % of 46.99% is 47% below median its 10-year median of 89.04. The Asset Management industry median Pretax Margin % is 89.48. Hearts And Minds Investments' value of 46.99% is 47.5% below this industry median. Based on the distribution chart, Hearts And Minds Investments ranks #970 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. Overall, Hearts And Minds Investments has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hearts And Minds Investments' Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Hearts And Minds Investments ranks #970 out of 1576 companies for Pretax Margin %. This places Hearts And Minds Investments in the lower half of its industry. The industry median Pretax Margin % is 89.48. Hearts And Minds Investments' value of 46.99% is 47.5% below this benchmark. While the company's 10-year median is 89.04 vs. the industry median of 89.48, Hearts And Minds Investments has consistently been below 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 Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hearts And Minds Investments's current Pretax Margin % of 46.99% is 47.5% below 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hearts And Minds Investments and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hearts And Minds Investments's current Pretax Margin % is 46.99%, which is 47% below median its own 10-year median of 89.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hearts And Minds Investments stock overvalued right now?
Based on GuruFocus' analysis, Hearts And Minds Investments (ASX:HM1) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.51, compared to a current price of A$2.86 — trading 89.4% above its estimated fair value. The current Pretax Margin % is 46.99%, which is 47% below median its 10-year median of 89.04 and 47.5% below the Asset Management industry median of 89.48. Hearts And Minds Investments' overall GF Score™ is 37/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Hearts And Minds Investments (ASX:HM1), the current Pretax Margin % is 46.99% 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 Hearts And Minds Investments (ASX:HM1) Overvalued in 2026?
Based on GuruFocus' analysis, Hearts And Minds Investments stock appears to be overvalued.
The current stock price of A$2.86 is trading 89.4% above its estimated GF Value™ of A$1.51.
GuruFocus considers Hearts And Minds Investments to be Significantly Overvalued.
Key valuation signals for ASX:HM1:
Pretax Margin %: 46.99% (47% below median its 10-year median of 89.04)
GF Value™: A$1.51 vs. price of A$2.86 (89.4% above fair value)
Industry Position: 47.5% below the Asset Management median (#970 of 1576)
No single metric tells the full story. See the ASX:HM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, the company has investments in the United States, Australia, Hong Kong, Germany, Canada, and the United Kingdom.
37GF Score
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