Highome Securities FundPCF +0.37%35 Pretax Margin % is 246.09% as of Feb. 2026, which is 175% above its 10-year median of 89.61. GuruFocus rates PCF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 1,580 Asset Management companies, Highome Securities Fund ranks better than 50.57% on this metric.
The historical rank and industry rank for Highome Securities Fund's Pretax Margin % or its related term are showing as below:
PCF'
s Pretax Margin % Range Over the Past 10 Years
Min: 26.55 Med: 89.61 Max: 152.53
Current: 90.02
PCF's Pretax Margin % is ranked better than 50.57% of 1580
companies
in the Asset Management industry
Industry Median: 89.475
vs PCF: 90.02
Highome Securities Fund (NYSE:PCF) 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.
Highome Securities Fund Pretax Margin % Related Terms
Highome Securities 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.
For the Asset Management subindustry, Highome Securities 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.
Highome Securities Fund Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Highome Securities Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Highome Securities 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.
Highome Securities Fund (PCF) has a Pretax Margin % of 246.09% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Highome Securities Fund and its competitors. This is 175% above median its historical median of 89.61. Over the past decade, Highome Securities Fund's Pretax Margin % has ranged from 26.55 to 152.53. According to the industry distribution chart, Highome Securities Fund ranks #781 out of 1580 companies in the Asset Management industry, placing it in the top 49.4%.
Is Highome Securities Fund's Pretax Margin % too high?
Highome Securities Fund's current Pretax Margin % of 246.09% is 175% above median its 10-year median of 89.61. Over the past 10 years, this metric has ranged from a low of 26.55 to a high of 152.53. The Asset Management industry median Pretax Margin % is 89.48. Highome Securities Fund's value of 246.09% is 175% above this industry median. Based on the distribution chart, Highome Securities Fund ranks #781 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, Highome Securities Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Highome Securities Fund's Pretax Margin % compare to ERH and PGP?
According to the Asset Management industry distribution chart, Highome Securities Fund ranks #781 out of 1580 companies for Pretax Margin %. This puts Highome Securities Fund in the upper half of its industry. The industry median Pretax Margin % is 89.48. Highome Securities Fund's value of 246.09% is 175% above this benchmark. Historically, Highome Securities Fund's own Pretax Margin % has ranged from 26.55 to 152.53 over the past decade. While the company's 10-year median is 89.61 vs. the industry median of 89.48, Highome Securities 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 89.48, based on 1,580 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. Highome Securities Fund's current Pretax Margin % of 246.09% is 175% 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 Highome Securities Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highome Securities Fund's current Pretax Margin % is 246.09%, which is 175% above median its own 10-year median of 89.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highome Securities Fund stock overvalued right now?
Highome Securities Fund (PCF) has a current Pretax Margin % of 246.09%. The current Pretax Margin % is 246.09%, which is 175% above median its 10-year median of 89.61 and 175% above the Asset Management industry median of 89.48. Highome Securities Fund's overall GF Score™ is 35/100 with 1 warning sign 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 Highome Securities Fund (PCF), the current Pretax Margin % is 246.09% 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.
High Income Securities Fund is a closed-end management investment company. Its primary objective is to provide high current income and capital appreciation is the secondary objective. The Fund pursues its objective mainly by investing in both convertible bonds and convertible preferred stocks. The Fund also invests significantly in high-yielding non-convertible securities with the potential for capital appreciation.
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