Pacific Assets TrustLSE:PAC -1.40%52 Pretax Margin % is 93.46% as of Jan. 2026, which is 4% below its 10-year median of 97.84. GuruFocus rates LSE:PAC with a GF Score™ of 52/100 and a GF Value™ of £7.00 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,572 Asset Management companies, Pacific Assets Trust ranks better than 90.27% 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.
Pacific Assets Trust Pretax Margin % Related Terms
Pacific Assets Trust Pretax Margin % Historical Data
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The historical data trend for Pacific Assets Trust'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:PAC vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Pacific Assets Trust'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.
Pacific Assets Trust Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pacific Assets Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Pacific Assets Trust'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.
Pacific Assets Trust (LSE:PAC) has a Pretax Margin % of 93.46% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Pacific Assets Trust and its competitors. This is near median its historical median of 97.84. According to the industry distribution chart, Pacific Assets Trust ranks #153 out of 1572 companies in the Asset Management industry, placing it in the top 9.7%.
Is Pacific Assets Trust's Pretax Margin % too high?
Pacific Assets Trust's current Pretax Margin % of 93.46% is near median its 10-year median of 97.84. The Asset Management industry median Pretax Margin % is 89.62. Pacific Assets Trust's value of 93.46% is 4.3% above this industry median. Based on the distribution chart, Pacific Assets Trust ranks #153 out of 1572 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Pacific Assets Trust has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pacific Assets Trust's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Pacific Assets Trust ranks #153 out of 1572 companies for Pretax Margin %. This places Pacific Assets Trust in the top 10% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 89.62. Pacific Assets Trust's value of 93.46% is 4.3% above this benchmark. While the company's 10-year median is 97.84 vs. the industry median of 89.62, Pacific Assets Trust 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 89.62, based on 1,572 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. Pacific Assets Trust's current Pretax Margin % of 93.46% is 4.3% 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 Pacific Assets Trust 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. Pacific Assets Trust's current Pretax Margin % is 93.46%, which is near median its own 10-year median of 97.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Assets Trust stock overvalued right now?
Based on GuruFocus' analysis, Pacific Assets Trust (LSE:PAC) is currently considered Significantly Undervalued. The stock's GF Value™ is £7.00, compared to a current price of £4.22 — trading 39.7% below its estimated fair value. The current Pretax Margin % is 93.46%, which is near median its 10-year median of 97.84 and 4.3% above the Asset Management industry median of 89.62. Pacific Assets Trust's overall GF Score™ is 52/100 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 Pacific Assets Trust (LSE:PAC), the current Pretax Margin % is 93.46% as of Jan. 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 Pacific Assets Trust (LSE:PAC) Overvalued in 2026?
Based on GuruFocus' analysis, Pacific Assets Trust stock appears to be undervalued.
The current stock price of £4.22 is trading 39.7% below its estimated GF Value™ of £7.00.
GuruFocus considers Pacific Assets Trust to be Significantly Undervalued.
Key valuation signals for LSE:PAC:
Pretax Margin %: 93.46% (near median its 10-year median of 97.84)
GF Value™: £7.00 vs. price of £4.22 (39.7% below fair value)
Industry Position: 4.3% above the Asset Management median (#153 of 1572)
No single metric tells the full story. See the LSE:PAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pacific Assets Trust PLC is a UK-based investment trust. It aims to achieve long-term capital growth through investment in selected companies in the Asia-Pacific region and the Indian sub-continent excluding Japan, Australia, and New Zealand.
52GF Score
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