RecordCHIX:RECL -2.11%55 Pretax Margin % is 25.67% as of Mar. 2026, which is 16% below its 10-year median of 30.51. GuruFocus rates CHIX:RECL with a GF Score™ of 55/100 and a GF Value™ of £0.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,576 Asset Management companies, Record ranks worse than 73.6% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Record's Pre-Tax Income for the
six
months ended in Mar. 2026 was £5.37 Mil. Record's Revenue for the
six
months ended in Mar. 2026 was £20.90 Mil. Therefore, Record's pretax margin for the quarter that ended in Mar. 2026 was 25.67%.
The historical rank and industry rank for Record's Pretax Margin % or its related term are showing as below:
CHIX:RECl'
s Pretax Margin % Range Over the Past 10 Years
Min: 24.21 Med: 30.51 Max: 34.23
Current: 24.49
CHIX:RECl's Pretax Margin % is ranked worse than 73.6% of 1576
companies
in the Asset Management industry
Industry Median: 89.475
vs CHIX:RECl: 24.49
Record (CHIX:RECl) 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.
Record Pretax Margin % Related Terms
Record Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Record'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.
CHIX:RECL vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Record'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.
Record Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Record's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Record'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.
Record (CHIX:RECL) has a Pretax Margin % of 25.67% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Record and its competitors. This is 16% below median its historical median of 30.51. Over the past decade, Record's Pretax Margin % has ranged from 24.21 to 34.23. According to the industry distribution chart, Record ranks #1160 out of 1576 companies in the Asset Management industry, placing it in the top 73.6%.
Is Record's Pretax Margin % too high?
Record's current Pretax Margin % of 25.67% is 16% below median its 10-year median of 30.51. Over the past 10 years, this metric has ranged from a low of 24.21 to a high of 34.23. The Asset Management industry median Pretax Margin % is 89.48. Record's value of 25.67% is 71.3% below this industry median. Based on the distribution chart, Record ranks #1160 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. Overall, Record has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Record's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Record ranks #1160 out of 1576 companies for Pretax Margin %. This places Record in the lower half of its industry. The industry median Pretax Margin % is 89.48. Record's value of 25.67% is 71.3% below this benchmark. Historically, Record's own Pretax Margin % has ranged from 24.21 to 34.23 over the past decade. While the company's 10-year median is 30.51 vs. the industry median of 89.48, Record 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. Record's current Pretax Margin % of 25.67% is 71.3% 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 Record 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. Record's current Pretax Margin % is 25.67%, which is 16% below median its own 10-year median of 30.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Record stock overvalued right now?
Based on GuruFocus' analysis, Record (CHIX:RECL) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.59, compared to a current price of £0.46 — trading 21.5% below its estimated fair value. The current Pretax Margin % is 25.67%, which is 16% below median its 10-year median of 30.51 and 71.3% below the Asset Management industry median of 89.48. Record's overall GF Score™ is 55/100 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 Record (CHIX:RECL), the current Pretax Margin % is 25.67% 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 Record (CHIX:RECL) Overvalued in 2026?
Based on GuruFocus' analysis, Record stock appears to be undervalued.
The current stock price of £0.46 is trading 21.5% below its estimated GF Value™ of £0.59.
GuruFocus considers Record to be Modestly Undervalued.
Key valuation signals for CHIX:RECL:
Pretax Margin %: 25.67% (16% below median its 10-year median of 30.51)
GF Value™: £0.59 vs. price of £0.46 (21.5% below fair value)
Industry Position: 71.3% below the Asset Management median (#1160 of 1576)
No single metric tells the full story. See the CHIX:RECL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Record PLC is a United Kingdom-based company currency and asset management firm. The company provides services to clients such as pension funds, charities, foundations, endowments, family offices, and other fund managers and corporate entities. Geographically, it derives a majority of its revenue from the United States and also has a presence in the United Kingdom, Switzerland, Europe (excluding UK and Switzerland), and other countries. Revenue comprises mainly management fees and performance fees. Its reportable segments are Currency Management and Asset Management. The maximum revenue is derived from the currency management segment which comprises bespoke solutions for clients including Passive Hedging, Dynamic Hedging, Hedging for Asset Managers, and FX Alpha products.
55GF Score
Get the complete analysis for CHIX:RECL
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:RECL has been successfully added to your 
