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Royce Global Value TrustRGT -1.45%52 Pretax Margin % is 99.68% as of Jun. 2026, which is 1% above its 10-year median of 98.75. GuruFocus rates RGT with a GF Score™ of 52/100 and a GF Value™ of $133.39 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,559 Asset Management companies, Royce Global Value Trust ranks better than 81.72% on this metric.
Royce Global Value Trust (NYSE:RGT) 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.
Royce Global Value Trust Pretax Margin % Related Terms
Royce Global Value Trust 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, Royce Global Value Trust'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.
Royce Global Value Trust Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Royce Global Value Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Royce Global Value Trust'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.
Royce Global Value Trust (RGT) has a Pretax Margin % of 99.68% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Royce Global Value Trust and its competitors. This is near median its historical median of 98.75. Over the past decade, Royce Global Value Trust's Pretax Margin % has ranged from 87.02 to 118.98. According to the industry distribution chart, Royce Global Value Trust ranks #285 out of 1559 companies in the Asset Management industry, placing it in the top 18.3%.
Is Royce Global Value Trust's Pretax Margin % too high?
Royce Global Value Trust's current Pretax Margin % of 99.68% is near median its 10-year median of 98.75. Over the past 10 years, this metric has ranged from a low of 87.02 to a high of 118.98. The Asset Management industry median Pretax Margin % is 91.78. Royce Global Value Trust's value of 99.68% is 8.6% above this industry median. Based on the distribution chart, Royce Global Value Trust ranks #285 out of 1559 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Royce Global Value Trust has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Royce Global Value Trust's Pretax Margin % compare to ERH and PGP?
According to the Asset Management industry distribution chart, Royce Global Value Trust ranks #285 out of 1559 companies for Pretax Margin %. This places Royce Global Value Trust in the top 18% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 91.78. Royce Global Value Trust's value of 99.68% is 8.6% above this benchmark. Historically, Royce Global Value Trust's own Pretax Margin % has ranged from 87.02 to 118.98 over the past decade. While the company's 10-year median is 98.75 vs. the industry median of 91.78, Royce Global Value Trust 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 91.78, based on 1,559 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. Royce Global Value Trust's current Pretax Margin % of 99.68% is 8.6% 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 Royce Global Value Trust and its competitors. For the Asset Management industry, the median Pretax Margin % is 91.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royce Global Value Trust's current Pretax Margin % is 99.68%, which is near median its own 10-year median of 98.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royce Global Value Trust stock overvalued right now?
Based on GuruFocus' analysis, Royce Global Value Trust (RGT) is currently considered Possible Value Trap. The stock's GF Value™ is $133.39, compared to a current price of $14.96 — trading 88.8% below its estimated fair value. The current Pretax Margin % is 99.68%, which is near median its 10-year median of 98.75 and 8.6% above the Asset Management industry median of 91.78. Royce Global Value Trust's overall GF Score™ is 52/100 with 4 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 Royce Global Value Trust (RGT), the current Pretax Margin % is 99.68% as of Jun. 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 Royce Global Value Trust (RGT) Overvalued in 2026?
Based on GuruFocus' analysis, Royce Global Value Trust stock appears to be undervalued.
The current stock price of $14.96 is trading 88.8% below its estimated GF Value™ of $133.39.
GuruFocus considers Royce Global Value Trust to be Possible Value Trap.
Key valuation signals for RGT:
Pretax Margin %: 99.68% (near median its 10-year median of 98.75)
GF Value™: $133.39 vs. price of $14.96 (88.8% below fair value)
Industry Position: 8.6% above the Asset Management median (#285 of 1559)
No single metric tells the full story. See the RGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royce Global Value Trust Inc is a diversified closed-end investment company. The Fund spreads its investments across diversified sectors such as information technology, consumer discretionary, health care, materials, consumer staples and energy. Geographically, it has presence in the United Kingdom, Japan, the United States, Canada, France, Hong Kong and Germany.
52GF Score
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