Baillie Gifford Japan Trust (The) (CHIX:BGFDL) Pretax Margin %: 98.78% (As of Feb. 2026) — Near Median


CHIX:BGFDL Baillie Gifford Japan Trust (The) PLC CHIX:BGFDL
34 GF Score
Price £6.94
! 4 Warning Signs
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What is Baillie Gifford Japan Trust (The) Pretax Margin %?

Baillie Gifford Japan Trust (The) CHIX:BGFDL 34 Pretax Margin % is 98.78% as of Feb. 2026, which is 1% below its 10-year median of 99.49. GuruFocus rates CHIX:BGFDL with a GF Score™ of 34/100. The stock has 4 warning signs investors should review. Among 1,572 Asset Management companies, Baillie Gifford Japan Trust (The) ranks better than 79.52% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Baillie Gifford Japan Trust (The)'s Pre-Tax Income for the six months ended in Feb. 2026 was £31.4 Mil. Baillie Gifford Japan Trust (The)'s Revenue for the six months ended in Feb. 2026 was £31.8 Mil. Therefore, Baillie Gifford Japan Trust (The)'s pretax margin for the quarter that ended in Feb. 2026 was 98.78%.

The historical rank and industry rank for Baillie Gifford Japan Trust (The)'s Pretax Margin % or its related term are showing as below:

CHIX:BGFDl' s Pretax Margin % Range Over the Past 10 Years
Min: 98.8   Med: 99.49   Max: 101.77
Current: 99.48


CHIX:BGFDl's Pretax Margin % is ranked better than
79.52% of 1572 companies
in the Asset Management industry
Industry Median: 89.62 vs CHIX:BGFDl: 99.48

Baillie Gifford Japan Trust (The)  (CHIX:BGFDl) 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.


Baillie Gifford Japan Trust (The) Pretax Margin % Related Terms


Baillie Gifford Japan Trust (The) Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Baillie Gifford Japan Trust (The)'s Pretax 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.

Baillie Gifford Japan Trust (The) Pretax Margin % Chart

Baillie Gifford Japan Trust (The) Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.59 100.49 101.69 98.92 99.38

Baillie Gifford Japan Trust (The) Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Pretax 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 99.34 97.31 88.47 99.66 98.78

CHIX:BGFDL vs BLK, BX, KKR: Pretax Margin % Comparison

For the Asset Management subindustry, Baillie Gifford Japan Trust (The)'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.


Baillie Gifford Japan Trust (The) Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Baillie Gifford Japan Trust (The)'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Baillie Gifford Japan Trust (The)'s Pretax Margin % falls into.


CHIX:BGFDL
34GF Score
Baillie Gifford Japan Trust (The) PLC CHIX:BGFDL
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Baillie Gifford Japan Trust (The) Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Baillie Gifford Japan Trust (The)'s Pretax Margin for the fiscal year that ended in Aug. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=124.917/125.698
=99.38 %

Baillie Gifford Japan Trust (The)'s Pretax Margin for the quarter that ended in Feb. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=31.417/31.806
=98.78 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 98.78% mean?
Baillie Gifford Japan Trust (The) (CHIX:BGFDL) has a Pretax Margin % of 98.78% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Baillie Gifford Japan Trust (The) and its competitors. This is near median its historical median of 99.49. Over the past decade, Baillie Gifford Japan Trust (The)'s Pretax Margin % has ranged from 98.80 to 101.77. According to the industry distribution chart, Baillie Gifford Japan Trust (The) ranks #322 out of 1572 companies in the Asset Management industry, placing it in the top 20.5%.
Is Baillie Gifford Japan Trust (The)'s Pretax Margin % too high?
Baillie Gifford Japan Trust (The)'s current Pretax Margin % of 98.78% is near median its 10-year median of 99.49. Over the past 10 years, this metric has ranged from a low of 98.80 to a high of 101.77. The Asset Management industry median Pretax Margin % is 89.62. Baillie Gifford Japan Trust (The)'s value of 98.78% is 10.2% above this industry median. Based on the distribution chart, Baillie Gifford Japan Trust (The) ranks #322 out of 1572 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Baillie Gifford Japan Trust (The) has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Baillie Gifford Japan Trust (The)'s Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Baillie Gifford Japan Trust (The) ranks #322 out of 1572 companies for Pretax Margin %. This places Baillie Gifford Japan Trust (The) in the top 21% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 89.62. Baillie Gifford Japan Trust (The)'s value of 98.78% is 10.2% above this benchmark. Historically, Baillie Gifford Japan Trust (The)'s own Pretax Margin % has ranged from 98.80 to 101.77 over the past decade. While the company's 10-year median is 99.49 vs. the industry median of 89.62, Baillie Gifford Japan Trust (The) 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 Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, based on 1,572 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. Baillie Gifford Japan Trust (The)'s current Pretax Margin % of 98.78% is 10.2% 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 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 Baillie Gifford Japan Trust (The) and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baillie Gifford Japan Trust (The)'s current Pretax Margin % is 98.78%, which is near median its own 10-year median of 99.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baillie Gifford Japan Trust (The) stock overvalued right now?
Baillie Gifford Japan Trust (The) (CHIX:BGFDL) has a current Pretax Margin % of 98.78%. The current Pretax Margin % is 98.78%, which is near median its 10-year median of 99.49 and 10.2% above the Asset Management industry median of 89.62. Baillie Gifford Japan Trust (The)'s overall GF Score™ is 34/100 with 4 warning signs 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 Baillie Gifford Japan Trust (The) (CHIX:BGFDL), the current Pretax Margin % is 98.78% as of Feb. 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.

Baillie Gifford Japan Trust (The) Business Description

Other Exchanges BGFD:UK
Address Calton Square, 1 Greenside Row, Edinburgh, GBR, EH1 3AN
Baillie Gifford Japan Trust (The) PLC is an investment company based in the United Kingdom. The company aims to achieve long-term capital growth principally through investment in medium to smaller-sized Japanese companies, which have above average prospects for growth. It invests in various sectors, such as commerce and services; manufacturing and machinery; electrical and electronics; retail; real estate and construction; information, communication and utilities, chemicals, financials, and pharmaceuticals among others. The company is engaged in a single segment of business, being an investment trust company.
34GF Score

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