Newcap Holding ASOCSE:NEWCAP +1.64%46 Pretax Margin % is 67.96% as of Dec. 2025, which is 32% above its 10-year median of 51.33. GuruFocus rates OCSE:NEWCAP with a GF Score™ of 46/100 and a GF Value™ of kr7,347.47 (Significantly Undervalued). Among 1,569 Asset Management companies, Newcap Holding AS ranks worse than 65.07% on this metric.
The historical rank and industry rank for Newcap Holding AS's Pretax Margin % or its related term are showing as below:
OCSE:NEWCAP'
s Pretax Margin % Range Over the Past 10 Years
Min: -5324.29 Med: 51.33 Max: 1258.73
Current: 51.54
OCSE:NEWCAP's Pretax Margin % is ranked worse than 65.07% of 1569
companies
in the Asset Management industry
Industry Median: 89.52
vs OCSE:NEWCAP: 51.54
Newcap Holding AS (OCSE:NEWCAP) 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.
Newcap Holding AS Pretax Margin % Related Terms
Newcap Holding AS Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Newcap Holding AS'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.
OCSE:NEWCAP vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Newcap Holding AS'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.
Newcap Holding AS Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Newcap Holding AS's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Newcap Holding AS'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.
Newcap Holding AS (OCSE:NEWCAP) has a Pretax Margin % of 67.96% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Newcap Holding AS and its competitors. This is 32% above median its historical median of 51.33. According to the industry distribution chart, Newcap Holding AS ranks #1021 out of 1569 companies in the Asset Management industry, placing it in the top 65.1%.
Is Newcap Holding AS's Pretax Margin % too high?
Newcap Holding AS's current Pretax Margin % of 67.96% is 32% above median its 10-year median of 51.33. The Asset Management industry median Pretax Margin % is 89.52. Newcap Holding AS's value of 67.96% is 24.1% below this industry median. Based on the distribution chart, Newcap Holding AS ranks #1021 out of 1569 companies in the Asset Management industry, which is below the industry midpoint. Overall, Newcap Holding AS has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Newcap Holding AS's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Newcap Holding AS ranks #1021 out of 1569 companies for Pretax Margin %. This places Newcap Holding AS in the lower half of its industry. The industry median Pretax Margin % is 89.52. Newcap Holding AS's value of 67.96% is 24.1% below this benchmark. While the company's 10-year median is 51.33 vs. the industry median of 89.52, Newcap Holding AS 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 89.52, based on 1,569 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. Newcap Holding AS's current Pretax Margin % of 67.96% is 24.1% 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 Newcap Holding AS and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newcap Holding AS's current Pretax Margin % is 67.96%, which is 32% above median its own 10-year median of 51.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newcap Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Newcap Holding AS (OCSE:NEWCAP) is currently considered Significantly Undervalued. The stock's GF Value™ is kr7,347.47, compared to a current price of kr404.00 — trading 94.5% below its estimated fair value. The current Pretax Margin % is 67.96%, which is 32% above median its 10-year median of 51.33 and 24.1% below the Asset Management industry median of 89.52. Newcap Holding AS's overall GF Score™ is 46/100. 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 Newcap Holding AS (OCSE:NEWCAP), the current Pretax Margin % is 67.96% as of Dec. 2025. 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 Newcap Holding AS (OCSE:NEWCAP) Overvalued in 2026?
Based on GuruFocus' analysis, Newcap Holding AS stock appears to be undervalued.
The current stock price of kr404.00 is trading 94.5% below its estimated GF Value™ of kr7,347.47.
GuruFocus considers Newcap Holding AS to be Significantly Undervalued.
Key valuation signals for OCSE:NEWCAP:
Pretax Margin %: 67.96% (32% above median its 10-year median of 51.33)
GF Value™: kr7,347.47 vs. price of kr404.00 (94.5% below fair value)
Industry Position: 24.1% below the Asset Management median (#1021 of 1569)
No single metric tells the full story. See the OCSE:NEWCAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newcap Holding AS through its subsidiaries is engaged in the financial sector. The company's activities are divided into three business areas, Private Financial Services, Broker Services and Asset Management. It provides asset management, savings and insurance services in Sweden.
46GF Score
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