TwentyFour Select Monthlyome FundLSE:SMIF -0.35%44 Pretax Margin % is 23.59% as of Mar. 2026, which is 76% below its 10-year median of 96.79. GuruFocus rates LSE:SMIF with a GF Score™ of 44/100 and a GF Value™ of £0.41 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,571 Asset Management companies, TwentyFour Select Monthlyome Fund ranks better than 56.02% on this metric.
The historical rank and industry rank for TwentyFour Select Monthlyome Fund's Pretax Margin % or its related term are showing as below:
LSE:SMIF'
s Pretax Margin % Range Over the Past 10 Years
Min: 87.67 Med: 96.79 Max: 102.26
Current: 94.34
LSE:SMIF's Pretax Margin % is ranked better than 56.02% of 1571
companies
in the Asset Management industry
Industry Median: 89.59
vs LSE:SMIF: 94.34
TwentyFour Select Monthlyome Fund (LSE:SMIF) 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.
TwentyFour Select Monthlyome Fund Pretax Margin % Related Terms
TwentyFour Select Monthlyome Fund 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.
TwentyFour Select Monthlyome Fund Pretax Margin % Chart
LSE:SMIF vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, TwentyFour Select Monthlyome Fund'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.
TwentyFour Select Monthlyome Fund Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, TwentyFour Select Monthlyome Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TwentyFour Select Monthlyome Fund'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.
TwentyFour Select Monthlyome Fund (LSE:SMIF) has a Pretax Margin % of 23.59% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TwentyFour Select Monthlyome Fund and its competitors. This is 76% below median its historical median of 96.79. Over the past decade, TwentyFour Select Monthlyome Fund's Pretax Margin % has ranged from 87.67 to 102.26. According to the industry distribution chart, TwentyFour Select Monthlyome Fund ranks #691 out of 1571 companies in the Asset Management industry, placing it in the top 44%.
Is TwentyFour Select Monthlyome Fund's Pretax Margin % too high?
TwentyFour Select Monthlyome Fund's current Pretax Margin % of 23.59% is 76% below median its 10-year median of 96.79. Over the past 10 years, this metric has ranged from a low of 87.67 to a high of 102.26. The Asset Management industry median Pretax Margin % is 89.59. TwentyFour Select Monthlyome Fund's value of 23.59% is 73.7% below this industry median. Based on the distribution chart, TwentyFour Select Monthlyome Fund ranks #691 out of 1571 companies in the Asset Management industry, which is above the industry midpoint. Overall, TwentyFour Select Monthlyome Fund has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TwentyFour Select Monthlyome Fund's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, TwentyFour Select Monthlyome Fund ranks #691 out of 1571 companies for Pretax Margin %. This puts TwentyFour Select Monthlyome Fund in the upper half of its industry. The industry median Pretax Margin % is 89.59. TwentyFour Select Monthlyome Fund's value of 23.59% is 73.7% below this benchmark. Historically, TwentyFour Select Monthlyome Fund's own Pretax Margin % has ranged from 87.67 to 102.26 over the past decade. While the company's 10-year median is 96.79 vs. the industry median of 89.59, TwentyFour Select Monthlyome Fund 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 89.59, 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. TwentyFour Select Monthlyome Fund's current Pretax Margin % of 23.59% is 73.7% 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 TwentyFour Select Monthlyome Fund 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. TwentyFour Select Monthlyome Fund's current Pretax Margin % is 23.59%, which is 76% below median its own 10-year median of 96.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TwentyFour Select Monthlyome Fund stock overvalued right now?
Based on GuruFocus' analysis, TwentyFour Select Monthlyome Fund (LSE:SMIF) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.41, compared to a current price of £0.86 — trading 109.5% above its estimated fair value. The current Pretax Margin % is 23.59%, which is 76% below median its 10-year median of 96.79 and 73.7% below the Asset Management industry median of 89.59. TwentyFour Select Monthlyome Fund's overall GF Score™ is 44/100 with 7 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 TwentyFour Select Monthlyome Fund (LSE:SMIF), the current Pretax Margin % is 23.59% 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.
Is TwentyFour Select Monthlyome Fund (LSE:SMIF) Overvalued in 2026?
Based on GuruFocus' analysis, TwentyFour Select Monthlyome Fund stock appears to be overvalued.
The current stock price of £0.86 is trading 109.5% above its estimated GF Value™ of £0.41.
GuruFocus considers TwentyFour Select Monthlyome Fund to be Significantly Overvalued.
Key valuation signals for LSE:SMIF:
Pretax Margin %: 23.59% (76% below median its 10-year median of 96.79)
GF Value™: £0.41 vs. price of £0.86 (109.5% above fair value)
Industry Position: 73.7% below the Asset Management median (#691 of 1571)
No single metric tells the full story. See the LSE:SMIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TwentyFour Select Monthlyome Fund Business Description
TwentyFour Select Monthly Income Fund Ltd is a closed-ended investment company registered in Guernsey. Its investment objective is to generate attractive risk-adjusted returns, principally through income distributions. The company's investment policy is to invest in a diversified portfolio that comprises any category of credit security including bank capital, corporate bonds, high-yield bonds, leveraged loans, payment-in-kind notes, and asset-backed securities.
44GF Score
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