Scottish Oriental Smaller Trust (The) (LSE:SST) Pretax Margin %: 104.78% (As of Feb. 2026) — Near Median


LSE:SST Scottish Oriental Smaller Companies Trust (The) PLC LSE:SST
53 GF Score
Price £2.74
GF Value £6.23
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Scottish Oriental Smaller Trust (The) Pretax Margin %?

Scottish Oriental Smaller Trust (The) LSE:SST +1.11% 53 Pretax Margin % is 104.78% as of Feb. 2026, which is 6% above its 10-year median of 98.97. GuruFocus rates LSE:SST with a GF Score™ of 53/100 and a GF Value™ of £6.23 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,572 Asset Management companies, Scottish Oriental Smaller Trust (The) ranks better than 87.09% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Scottish Oriental Smaller Trust (The)'s Pre-Tax Income for the six months ended in Feb. 2026 was £-10.84 Mil. Scottish Oriental Smaller Trust (The)'s Revenue for the six months ended in Feb. 2026 was £-10.34 Mil. Therefore, Scottish Oriental Smaller Trust (The)'s pretax margin for the quarter that ended in Feb. 2026 was 104.78%.

The historical rank and industry rank for Scottish Oriental Smaller Trust (The)'s Pretax Margin % or its related term are showing as below:

LSE:SST' s Pretax Margin % Range Over the Past 10 Years
Min: 85.56   Med: 98.97   Max: 113.1
Current: 109.06


LSE:SST's Pretax Margin % is ranked better than
87.09% of 1572 companies
in the Asset Management industry
Industry Median: 89.62 vs LSE:SST: 109.06

Scottish Oriental Smaller Trust (The)  (LSE:SST) 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.


Scottish Oriental Smaller Trust (The) Pretax Margin % Related Terms


Scottish Oriental Smaller Trust (The) Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Scottish Oriental Smaller Trust (The)'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.

Scottish Oriental Smaller Trust (The) Pretax Margin % Chart

Scottish Oriental Smaller Trust (The) Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.98 97.81 97.13 98.96 112.67

Scottish Oriental Smaller Trust (The) Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.69 99.14 106.87 148.15 104.78

LSE:SST vs BLK, BX, KKR: Pretax Margin % Comparison

For the Asset Management subindustry, Scottish Oriental Smaller Trust (The)'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.


Scottish Oriental Smaller Trust (The) Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Scottish Oriental Smaller Trust (The)'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Scottish Oriental Smaller Trust (The)'s Pretax Margin % falls into.


LSE:SST
53GF Score
Scottish Oriental Smaller Companies Trust (The) PLC LSE:SST
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scottish Oriental Smaller Trust (The) Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Scottish Oriental Smaller Trust (The)'s Pretax Margin for the fiscal year that ended in Aug. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=-9.097/-8.074
=112.67 %

Scottish Oriental Smaller Trust (The)'s Pretax Margin for the quarter that ended in Feb. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=-10.838/-10.344
=104.78 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 104.78% mean?
Scottish Oriental Smaller Trust (The) (LSE:SST) has a Pretax Margin % of 104.78% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Scottish Oriental Smaller Trust (The) and its competitors. This is near median its historical median of 98.97. Over the past decade, Scottish Oriental Smaller Trust (The)'s Pretax Margin % has ranged from 85.56 to 113.10. According to the industry distribution chart, Scottish Oriental Smaller Trust (The) ranks #203 out of 1572 companies in the Asset Management industry, placing it in the top 12.9%.
Is Scottish Oriental Smaller Trust (The)'s Pretax Margin % too high?
Scottish Oriental Smaller Trust (The)'s current Pretax Margin % of 104.78% is near median its 10-year median of 98.97. Over the past 10 years, this metric has ranged from a low of 85.56 to a high of 113.10. The Asset Management industry median Pretax Margin % is 89.62. Scottish Oriental Smaller Trust (The)'s value of 104.78% is 16.9% above this industry median. Based on the distribution chart, Scottish Oriental Smaller Trust (The) ranks #203 out of 1572 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Scottish Oriental Smaller Trust (The) has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Scottish Oriental Smaller Trust (The)'s Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Scottish Oriental Smaller Trust (The) ranks #203 out of 1572 companies for Pretax Margin %. This places Scottish Oriental Smaller Trust (The) in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 89.62. Scottish Oriental Smaller Trust (The)'s value of 104.78% is 16.9% above this benchmark. Historically, Scottish Oriental Smaller Trust (The)'s own Pretax Margin % has ranged from 85.56 to 113.10 over the past decade. While the company's 10-year median is 98.97 vs. the industry median of 89.62, Scottish Oriental Smaller Trust (The) 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. Scottish Oriental Smaller Trust (The)'s current Pretax Margin % of 104.78% is 16.9% 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 Scottish Oriental Smaller Trust (The) 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. Scottish Oriental Smaller Trust (The)'s current Pretax Margin % is 104.78%, which is near median its own 10-year median of 98.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scottish Oriental Smaller Trust (The) stock overvalued right now?
Based on GuruFocus' analysis, Scottish Oriental Smaller Trust (The) (LSE:SST) is currently considered Significantly Undervalued. The stock's GF Value™ is £6.23, compared to a current price of £2.74 — trading 56% below its estimated fair value. The current Pretax Margin % is 104.78%, which is near median its 10-year median of 98.97 and 16.9% above the Asset Management industry median of 89.62. Scottish Oriental Smaller Trust (The)'s overall GF Score™ is 53/100 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 Scottish Oriental Smaller Trust (The) (LSE:SST), the current Pretax Margin % is 104.78% as of Feb. 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 Scottish Oriental Smaller Trust (The) (LSE:SST) Overvalued in 2026?

Based on GuruFocus' analysis, Scottish Oriental Smaller Trust (The) stock appears to be undervalued. The current stock price of £2.74 is trading 56% below its estimated GF Value™ of £6.23. GuruFocus considers Scottish Oriental Smaller Trust (The) to be Significantly Undervalued.

Key valuation signals for LSE:SST:

  • Pretax Margin %: 104.78% (near median its 10-year median of 98.97)
  • GF Value™: £6.23 vs. price of £2.74 (56% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 16.9% above the Asset Management median (#203 of 1572)

No single metric tells the full story. See the LSE:SST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scottish Oriental Smaller Trust (The) Business Description

Address 28 Walker Street, Edinburgh, GBR, EH3 7HR
Scottish Oriental Smaller Companies Trust (The) PLC is a investment trusts in the Asian equity category with a specialist focus on smaller companies. The objective of the Company is to achieve long-term capital growth by carefully selecting quality companies with franchises at reasonable valuations.
53GF Score

Get the complete analysis for LSE:SST

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£2.74
Price
£6.23
GF Value