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Neuberger Energy Infrastructure andome Fund (AMEX:NML) 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.
Neuberger Energy Infrastructure andome Fund Pretax Margin % Related Terms
Neuberger Energy Infrastructure andome 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.
Neuberger Energy Infrastructure andome Fund Pretax Margin % Chart
Neuberger Energy Infrastructure andome Fund Annual Data
For the Asset Management subindustry, Neuberger Energy Infrastructure andome 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.
Neuberger Energy Infrastructure andome Fund Pretax Margin % vs Asset Management Industry
* 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.
Neuberger Energy Infrastructure andome Fund (NML) has a Pretax Margin % of 98.76% as of May. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Neuberger Energy Infrastructure andome Fund and its competitors. This is near median its historical median of 98.67. According to the industry distribution chart, Neuberger Energy Infrastructure andome Fund ranks #530 out of 1558 companies in the Asset Management industry, placing it in the top 34%.
Is Neuberger Energy Infrastructure andome Fund's Pretax Margin % too high?
Neuberger Energy Infrastructure andome Fund's current Pretax Margin % of 98.76% is near median its 10-year median of 98.67. The Asset Management industry median Pretax Margin % is 91.85. Neuberger Energy Infrastructure andome Fund's value of 98.76% is 7.5% above this industry median. Based on the distribution chart, Neuberger Energy Infrastructure andome Fund ranks #530 out of 1558 companies in the Asset Management industry, which is above the industry midpoint. Overall, Neuberger Energy Infrastructure andome Fund has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Energy Infrastructure andome Fund's Pretax Margin % compare to DSU and MHD?
According to the Asset Management industry distribution chart, Neuberger Energy Infrastructure andome Fund ranks #530 out of 1558 companies for Pretax Margin %. This puts Neuberger Energy Infrastructure andome Fund in the upper half of its industry. The industry median Pretax Margin % is 91.85. Neuberger Energy Infrastructure andome Fund's value of 98.76% is 7.5% above this benchmark. While the company's 10-year median is 98.67 vs. the industry median of 91.85, Neuberger Energy Infrastructure andome Fund 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 91.85, based on 1,558 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. Neuberger Energy Infrastructure andome Fund's current Pretax Margin % of 98.76% is 7.5% 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 Neuberger Energy Infrastructure andome Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 91.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Energy Infrastructure andome Fund's current Pretax Margin % is 98.76%, which is near median its own 10-year median of 98.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Energy Infrastructure andome Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Energy Infrastructure andome Fund (NML) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.49, compared to a current price of $10.85 — trading 2114.3% above its estimated fair value. The current Pretax Margin % is 98.76%, which is near median its 10-year median of 98.67 and 7.5% above the Asset Management industry median of 91.85. Neuberger Energy Infrastructure andome Fund's overall GF Score™ is 31/100 with 9 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 Neuberger Energy Infrastructure andome Fund (NML), the current Pretax Margin % is 98.76% as of May. 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 Neuberger Energy Infrastructure andome Fund (NML) Overvalued in 2026?
Based on GuruFocus' analysis, Neuberger Energy Infrastructure andome Fund stock appears to be overvalued.
The current stock price of $10.85 is trading 2114.3% above its estimated GF Value™ of $0.49.
GuruFocus considers Neuberger Energy Infrastructure andome Fund to be Significantly Overvalued.
Key valuation signals for NML:
Pretax Margin %: 98.76% (near median its 10-year median of 98.67)
GF Value™: $0.49 vs. price of $10.85 (2114.3% above fair value)
Industry Position: 7.5% above the Asset Management median (#530 of 1558)
No single metric tells the full story. See the NML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neuberger Berman Energy Infrastructure & Income Fund Inc is a closed-end investment management company based in the United States. Invest in Capital Markets, Chemicals, Oil, Gas & Consumable Fuels, Electric Utilities, Independent Power and Renewable Electricity Producers, Multi Utilities. Maximum is done in Oil, Gas & Consumable Fuels.
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