North Atlantic Smaller Inv TrustCHIX:NASL 43 Pretax Margin % is 112.80% as of Jan. 2026, which is 15% above its 10-year median of 97.82. GuruFocus rates CHIX:NASL with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 1,576 Asset Management companies, North Atlantic Smaller Inv Trust ranks better than 53.49% on this metric.
The historical rank and industry rank for North Atlantic Smaller Inv Trust's Pretax Margin % or its related term are showing as below:
CHIX:NASl'
s Pretax Margin % Range Over the Past 10 Years
Min: 60.05 Med: 97.82 Max: 101.74
Current: 92.55
CHIX:NASl's Pretax Margin % is ranked better than 53.49% of 1576
companies
in the Asset Management industry
Industry Median: 89.475
vs CHIX:NASl: 92.55
North Atlantic Smaller Inv Trust (CHIX:NASl) 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.
North Atlantic Smaller Inv Trust Pretax Margin % Related Terms
North Atlantic Smaller Inv 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.
North Atlantic Smaller Inv Trust Pretax Margin % Chart
CHIX:NASL vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, North Atlantic Smaller Inv 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.
North Atlantic Smaller Inv Trust Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, North Atlantic Smaller Inv Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where North Atlantic Smaller Inv 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.
North Atlantic Smaller Inv Trust (CHIX:NASL) has a Pretax Margin % of 112.80% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on North Atlantic Smaller Inv Trust and its competitors. This is 15% above median its historical median of 97.82. Over the past decade, North Atlantic Smaller Inv Trust's Pretax Margin % has ranged from 60.05 to 101.74. According to the industry distribution chart, North Atlantic Smaller Inv Trust ranks #733 out of 1576 companies in the Asset Management industry, placing it in the top 46.5%.
Is North Atlantic Smaller Inv Trust's Pretax Margin % too high?
North Atlantic Smaller Inv Trust's current Pretax Margin % of 112.80% is 15% above median its 10-year median of 97.82. Over the past 10 years, this metric has ranged from a low of 60.05 to a high of 101.74. The Asset Management industry median Pretax Margin % is 89.48. North Atlantic Smaller Inv Trust's value of 112.80% is 26.1% above this industry median. Based on the distribution chart, North Atlantic Smaller Inv Trust ranks #733 out of 1576 companies in the Asset Management industry, which is above the industry midpoint. Overall, North Atlantic Smaller Inv Trust has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does North Atlantic Smaller Inv Trust's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, North Atlantic Smaller Inv Trust ranks #733 out of 1576 companies for Pretax Margin %. This puts North Atlantic Smaller Inv Trust in the upper half of its industry. The industry median Pretax Margin % is 89.48. North Atlantic Smaller Inv Trust's value of 112.80% is 26.1% above this benchmark. Historically, North Atlantic Smaller Inv Trust's own Pretax Margin % has ranged from 60.05 to 101.74 over the past decade. While the company's 10-year median is 97.82 vs. the industry median of 89.48, North Atlantic Smaller Inv 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. North Atlantic Smaller Inv Trust's current Pretax Margin % of 112.80% is 26.1% 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 North Atlantic Smaller Inv 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. North Atlantic Smaller Inv Trust's current Pretax Margin % is 112.80%, which is 15% above median its own 10-year median of 97.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Atlantic Smaller Inv Trust stock overvalued right now?
North Atlantic Smaller Inv Trust (CHIX:NASL) has a current Pretax Margin % of 112.80%. The current Pretax Margin % is 112.80%, which is 15% above median its 10-year median of 97.82 and 26.1% above the Asset Management industry median of 89.48. North Atlantic Smaller Inv Trust's overall GF Score™ is 43/100 with 5 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 North Atlantic Smaller Inv Trust (CHIX:NASL), the current Pretax Margin % is 112.80% as of Jan. 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.
North Atlantic Smaller Inv Trust Business Description
North Atlantic Smaller Companies Inv Trust PLC is a United Kingdom-based investment trust. The company's objective is to provide capital appreciation through investment in a portfolio of smaller companies mainly based in countries bordering the North Atlantic Ocean. Its only operating segment is the Investment business. The company invests in a diversified range of companies, both quoted and unquoted, on both sides of the Atlantic.
43GF Score
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