Foresight Enterprise VCTLSE:FTF 30 Pretax Margin % is 88.09% as of Dec. 2025, which is 3% below its 10-year median of 91.11. GuruFocus rates LSE:FTF with a GF Score™ of 30/100 and a GF Value™ of £0.21 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,570 Asset Management companies, Foresight Enterprise VCT ranks worse than 55.99% on this metric.
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.
Foresight Enterprise VCT Pretax Margin % Related Terms
Foresight Enterprise VCT 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.
LSE:FTF vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Foresight Enterprise VCT'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.
Foresight Enterprise VCT Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Foresight Enterprise VCT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Foresight Enterprise VCT'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.
Foresight Enterprise VCT (LSE:FTF) has a Pretax Margin % of 88.09% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Foresight Enterprise VCT and its competitors. This is near median its historical median of 91.11. Over the past decade, Foresight Enterprise VCT's Pretax Margin % has ranged from 12.68 to 109.88. According to the industry distribution chart, Foresight Enterprise VCT ranks #879 out of 1570 companies in the Asset Management industry, placing it in the top 56%.
Is Foresight Enterprise VCT's Pretax Margin % too high?
Foresight Enterprise VCT's current Pretax Margin % of 88.09% is near median its 10-year median of 91.11. Over the past 10 years, this metric has ranged from a low of 12.68 to a high of 109.88. The Asset Management industry median Pretax Margin % is 89.62. Foresight Enterprise VCT's value of 88.09% is 1.7% below this industry median. Based on the distribution chart, Foresight Enterprise VCT ranks #879 out of 1570 companies in the Asset Management industry, which is below the industry midpoint. Overall, Foresight Enterprise VCT has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Foresight Enterprise VCT's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Foresight Enterprise VCT ranks #879 out of 1570 companies for Pretax Margin %. This places Foresight Enterprise VCT in the lower half of its industry. The industry median Pretax Margin % is 89.62. Foresight Enterprise VCT's value of 88.09% is 1.7% below this benchmark. Historically, Foresight Enterprise VCT's own Pretax Margin % has ranged from 12.68 to 109.88 over the past decade. While the company's 10-year median is 91.11 vs. the industry median of 89.62, Foresight Enterprise VCT 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 89.62, based on 1,570 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. Foresight Enterprise VCT's current Pretax Margin % of 88.09% is 1.7% 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 Foresight Enterprise VCT 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. Foresight Enterprise VCT's current Pretax Margin % is 88.09%, which is near median its own 10-year median of 91.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foresight Enterprise VCT stock overvalued right now?
Based on GuruFocus' analysis, Foresight Enterprise VCT (LSE:FTF) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.21, compared to a current price of £0.46 — trading 120% above its estimated fair value. The current Pretax Margin % is 88.09%, which is near median its 10-year median of 91.11 and 1.7% below the Asset Management industry median of 89.62. Foresight Enterprise VCT's overall GF Score™ is 30/100 with 6 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 Foresight Enterprise VCT (LSE:FTF), the current Pretax Margin % is 88.09% 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 Foresight Enterprise VCT (LSE:FTF) Overvalued in 2026?
Based on GuruFocus' analysis, Foresight Enterprise VCT stock appears to be overvalued.
The current stock price of £0.46 is trading 120% above its estimated GF Value™ of £0.21.
GuruFocus considers Foresight Enterprise VCT to be Significantly Overvalued.
Key valuation signals for LSE:FTF:
Pretax Margin %: 88.09% (near median its 10-year median of 91.11)
GF Value™: £0.21 vs. price of £0.46 (120% above fair value)
Industry Position: 1.7% below the Asset Management median (#879 of 1570)
No single metric tells the full story. See the LSE:FTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Foresight Enterprise VCT PLC is a Venture Capital Trust. The company's investment objective is to provide investors with regular dividends and capital growth from a portfolio of investments in fast-growing unquoted companies in the United Kingdom.
30GF Score
Get the complete analysis for LSE:FTF
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
LSE:FTF has been successfully added to your 
