Fidelity European TrustCHIX:FEVL 50 Pretax Margin % is 101.21% as of Dec. 2025, which is 2% above its 10-year median of 99.38. GuruFocus rates CHIX:FEVL with a GF Score™ of 50/100 and a GF Value™ of £3.67. The stock has 2 warning signs investors should review. Among 1,576 Asset Management companies, Fidelity European Trust ranks better than 83.31% on this metric.
The historical rank and industry rank for Fidelity European Trust's Pretax Margin % or its related term are showing as below:
CHIX:FEVl'
s Pretax Margin % Range Over the Past 10 Years
Min: 80.85 Med: 99.38 Max: 105.21
Current: 99.99
CHIX:FEVl's Pretax Margin % is ranked better than 83.31% of 1576
companies
in the Asset Management industry
Industry Median: 89.475
vs CHIX:FEVl: 99.99
Fidelity European Trust (CHIX:FEVl) 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.
Fidelity European Trust Pretax Margin % Related Terms
Fidelity European Trust 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.
CHIX:FEVL vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Fidelity European Trust'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.
Fidelity European Trust Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fidelity European Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Fidelity European Trust'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.
Fidelity European Trust (CHIX:FEVL) has a Pretax Margin % of 101.21% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fidelity European Trust and its competitors. This is near median its historical median of 99.38. Over the past decade, Fidelity European Trust's Pretax Margin % has ranged from 80.85 to 105.21. According to the industry distribution chart, Fidelity European Trust ranks #263 out of 1576 companies in the Asset Management industry, placing it in the top 16.7%.
Is Fidelity European Trust's Pretax Margin % too high?
Fidelity European Trust's current Pretax Margin % of 101.21% is near median its 10-year median of 99.38. Over the past 10 years, this metric has ranged from a low of 80.85 to a high of 105.21. The Asset Management industry median Pretax Margin % is 89.48. Fidelity European Trust's value of 101.21% is 13.1% above this industry median. Based on the distribution chart, Fidelity European Trust ranks #263 out of 1576 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Fidelity European Trust has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Fidelity European Trust's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Fidelity European Trust ranks #263 out of 1576 companies for Pretax Margin %. This places Fidelity European Trust in the top 17% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 89.48. Fidelity European Trust's value of 101.21% is 13.1% above this benchmark. Historically, Fidelity European Trust's own Pretax Margin % has ranged from 80.85 to 105.21 over the past decade. While the company's 10-year median is 99.38 vs. the industry median of 89.48, Fidelity European Trust 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 89.48, 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. Fidelity European Trust's current Pretax Margin % of 101.21% is 13.1% 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 Fidelity European Trust 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. Fidelity European Trust's current Pretax Margin % is 101.21%, which is near median its own 10-year median of 99.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity European Trust stock overvalued right now?
Fidelity European Trust (CHIX:FEVL) has a current Pretax Margin % of 101.21%. The stock's GF Value™ is £3.67, compared to a current price of £3.50 — trading 4.8% below its estimated fair value. The current Pretax Margin % is 101.21%, which is near median its 10-year median of 99.38 and 13.1% above the Asset Management industry median of 89.48. Fidelity European Trust's overall GF Score™ is 50/100 with 2 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 Fidelity European Trust (CHIX:FEVL), the current Pretax Margin % is 101.21% 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 Fidelity European Trust (CHIX:FEVL) Overvalued in 2026?
Based on GuruFocus' analysis, Fidelity European Trust stock appears to be undervalued.
The current stock price of £3.50 is trading 4.8% below its estimated GF Value™ of £3.67.
Key valuation signals for CHIX:FEVL:
Pretax Margin %: 101.21% (near median its 10-year median of 99.38)
GF Value™: £3.67 vs. price of £3.50 (4.8% below fair value)
Industry Position: 13.1% above the Asset Management median (#263 of 1576)
No single metric tells the full story. See the CHIX:FEVL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fidelity European Trust PLC is an externally managed investment company. Its investment objective is to achieve long-term growth in both capital and income by predominantly investing in equities (and their related securities) of continental European companies.
50GF Score
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