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Montanaro UK Smaller Inv TrLSE:MTU 35 Pretax Margin % is 103.87% as of Mar. 2026, which is 3% above its 10-year median of 100.91. GuruFocus rates LSE:MTU with a GF Score™ of 35/100. The stock has 3 warning signs investors should review. Among 1,571 Asset Management companies, Montanaro UK Smaller Inv Tr ranks worse than 87.78% on this metric.
The historical rank and industry rank for Montanaro UK Smaller Inv Tr's Pretax Margin % or its related term are showing as below:
LSE:MTU'
s Pretax Margin % Range Over the Past 10 Years
Min: -16.77 Med: 100.91 Max: 122.91
Current: -16.77
LSE:MTU's Pretax Margin % is ranked worse than 87.78% of 1571
companies
in the Asset Management industry
Industry Median: 89.65
vs LSE:MTU: -16.77
Montanaro UK Smaller Inv Tr (LSE:MTU) 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.
Montanaro UK Smaller Inv Tr Pretax Margin % Related Terms
Montanaro UK Smaller Inv Tr 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:MTU vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Montanaro UK Smaller Inv Tr'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.
Montanaro UK Smaller Inv Tr Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Montanaro UK Smaller Inv Tr's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Montanaro UK Smaller Inv Tr'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.
Montanaro UK Smaller Inv Tr (LSE:MTU) has a Pretax Margin % of 103.87% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Montanaro UK Smaller Inv Tr and its competitors. This is near median its historical median of 100.91. According to the industry distribution chart, Montanaro UK Smaller Inv Tr ranks #1379 out of 1571 companies in the Asset Management industry, placing it in the top 87.8%.
Is Montanaro UK Smaller Inv Tr's Pretax Margin % too high?
Montanaro UK Smaller Inv Tr's current Pretax Margin % of 103.87% is near median its 10-year median of 100.91. The Asset Management industry median Pretax Margin % is 89.65. Montanaro UK Smaller Inv Tr's value of 103.87% is 15.9% above this industry median. Based on the distribution chart, Montanaro UK Smaller Inv Tr ranks #1379 out of 1571 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Montanaro UK Smaller Inv Tr has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Montanaro UK Smaller Inv Tr's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Montanaro UK Smaller Inv Tr ranks #1379 out of 1571 companies for Pretax Margin %. This places Montanaro UK Smaller Inv Tr in the lower half of its industry. The industry median Pretax Margin % is 89.65. Montanaro UK Smaller Inv Tr's value of 103.87% is 15.9% above this benchmark. While the company's 10-year median is 100.91 vs. the industry median of 89.65, Montanaro UK Smaller Inv Tr 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 89.65, 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. Montanaro UK Smaller Inv Tr's current Pretax Margin % of 103.87% is 15.9% 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 Montanaro UK Smaller Inv Tr and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Montanaro UK Smaller Inv Tr's current Pretax Margin % is 103.87%, which is near median its own 10-year median of 100.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montanaro UK Smaller Inv Tr stock overvalued right now?
Montanaro UK Smaller Inv Tr (LSE:MTU) has a current Pretax Margin % of 103.87%. The current Pretax Margin % is 103.87%, which is near median its 10-year median of 100.91 and 15.9% above the Asset Management industry median of 89.65. Montanaro UK Smaller Inv Tr's overall GF Score™ is 35/100 with 3 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 Montanaro UK Smaller Inv Tr (LSE:MTU), the current Pretax Margin % is 103.87% 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.
Montanaro UK Smaller Companies Inv Tr PLC is a United Kingdom-based company. Its investment objective is capital appreciation through investing in small quoted companies, which are listed on the London Stock Exchange or traded on the Alternative Investment Market and to outperform its benchmark, the Deutsche Numis Smaller Companies Index. The company seeks to achieve its objective by investing in a diversified portfolio of quoted UK small companies.
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