Pennant Park InvestmentFRA:12P +0.97%18 Pretax Margin % is 438.01% as of Mar. 2026, which is 359% above its 10-year median of 95.44. GuruFocus rates FRA:12P with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,571 Asset Management companies, Pennant Park Investment ranks worse than 62.44% on this metric.
The historical rank and industry rank for Pennant Park Investment's Pretax Margin % or its related term are showing as below:
FRA:12P'
s Pretax Margin % Range Over the Past 10 Years
Min: 59.14 Med: 95.44 Max: 339.94
Current: 63.2
FRA:12P's Pretax Margin % is ranked worse than 62.44% of 1571
companies
in the Asset Management industry
Industry Median: 89.59
vs FRA:12P: 63.20
Pennant Park Investment (FRA:12P) 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.
Pennant Park Investment Pretax Margin % Related Terms
Pennant Park Investment 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.
FRA:12P vs BXSY, TSI, IIF: Pretax Margin % Comparison
For the Asset Management subindustry, Pennant Park Investment'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.
Pennant Park Investment Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pennant Park Investment's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Pennant Park Investment'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.
Pennant Park Investment (FRA:12P) has a Pretax Margin % of 438.01% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Pennant Park Investment and its competitors. This is 359% above median its historical median of 95.44. Over the past decade, Pennant Park Investment's Pretax Margin % has ranged from 59.14 to 339.94. According to the industry distribution chart, Pennant Park Investment ranks #981 out of 1571 companies in the Asset Management industry, placing it in the top 62.4%.
Is Pennant Park Investment's Pretax Margin % too high?
Pennant Park Investment's current Pretax Margin % of 438.01% is 359% above median its 10-year median of 95.44. Over the past 10 years, this metric has ranged from a low of 59.14 to a high of 339.94. The Asset Management industry median Pretax Margin % is 89.59. Pennant Park Investment's value of 438.01% is 388.9% above this industry median. Based on the distribution chart, Pennant Park Investment ranks #981 out of 1571 companies in the Asset Management industry, which is below the industry midpoint. Overall, Pennant Park Investment has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Pennant Park Investment's Pretax Margin % compare to BXSY and TSI?
According to the Asset Management industry distribution chart, Pennant Park Investment ranks #981 out of 1571 companies for Pretax Margin %. This places Pennant Park Investment in the lower half of its industry. The industry median Pretax Margin % is 89.59. Pennant Park Investment's value of 438.01% is 388.9% above this benchmark. Historically, Pennant Park Investment's own Pretax Margin % has ranged from 59.14 to 339.94 over the past decade. While the company's 10-year median is 95.44 vs. the industry median of 89.59, Pennant Park Investment 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 89.59, based on 1,571 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. Pennant Park Investment's current Pretax Margin % of 438.01% is 388.9% 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 Pennant Park Investment and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pennant Park Investment's current Pretax Margin % is 438.01%, which is 359% above median its own 10-year median of 95.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pennant Park Investment stock overvalued right now?
Pennant Park Investment (FRA:12P) has a current Pretax Margin % of 438.01%. The current Pretax Margin % is 438.01%, which is 359% above median its 10-year median of 95.44 and 388.9% above the Asset Management industry median of 89.59. Pennant Park Investment's overall GF Score™ is 18/100 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 Pennant Park Investment (FRA:12P), the current Pretax Margin % is 438.01% 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.
Pennant Park Investment Corp is a closed-end, non-diversified investment company. Its investment objective is to generate current income and capital appreciation also seeking to preserve capital through debt and equity investments. The company focuses on investing in United States middle-market companies that offer attractive risk-reward to investors and to create a diversified portfolio that includes senior secured debt, mezzanine debt, and equity investments. It generates majority of its revenue from interest and dividends received from investments made.
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