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Northern 2 VCTLSE:NTV 21 Pretax Margin % is -763.47% as of Mar. 2026. GuruFocus rates LSE:NTV with a GF Score™ of 21/100. Among 1,562 Asset Management companies, Northern 2 VCT ranks better than 90.72% 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.
Northern 2 VCT Pretax Margin % Related Terms
Northern 2 VCT Pretax Margin % Historical Data
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The historical data trend for Northern 2 VCT'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.
LSE:NTV vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Northern 2 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.
Northern 2 VCT Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Northern 2 VCT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Northern 2 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.
Northern 2 VCT (LSE:NTV) has a Pretax Margin % of -763.47% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Northern 2 VCT and its competitors. Over the past decade, Northern 2 VCT's Pretax Margin % has ranged from 66.98 to 159.01. According to the industry distribution chart, Northern 2 VCT ranks #145 out of 1562 companies in the Asset Management industry, placing it in the top 9.3%.
Is Northern 2 VCT's Pretax Margin % too high?
Northern 2 VCT's current Pretax Margin % is -763.47%. Over the past 10 years, this metric has ranged from a low of 66.98 to a high of 159.01. Based on the distribution chart, Northern 2 VCT ranks #145 out of 1562 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Northern 2 VCT has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Northern 2 VCT's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Northern 2 VCT ranks #145 out of 1562 companies for Pretax Margin %. This places Northern 2 VCT in the top 9% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 92.17. Historically, Northern 2 VCT's own Pretax Margin % has ranged from 66.98 to 159.01 over the past decade. 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 92.17, based on 1,562 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. 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 Northern 2 VCT and its competitors. For the Asset Management industry, the median Pretax Margin % is 92.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern 2 VCT's current Pretax Margin % is -763.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern 2 VCT stock overvalued right now?
Northern 2 VCT (LSE:NTV) has a current Pretax Margin % of -763.47%. The current Pretax Margin % is -763.47%. Northern 2 VCT's overall GF Score™ is 21/100. 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 Northern 2 VCT (LSE:NTV), the current Pretax Margin % is -763.47% 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.
Northern 2 VCT PLC is an asset management company. The company invests mainly in unquoted venture capital holdings with its remaining assets invested in a portfolio of listed interest-bearing and equity investments and bank deposits. Its objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth.
21GF Score
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