Canoe EITome FundTSX:EIT.UN -0.06%49 Pretax Margin % is 94.84% as of Dec. 2025, which is 2% above its 10-year median of 93.25. GuruFocus rates TSX:EIT.UN with a GF Score™ of 49/100 and a GF Value™ of C$14.16 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,579 Asset Management companies, Canoe EITome Fund ranks better than 56.93% on this metric.
The historical rank and industry rank for Canoe EITome Fund's Pretax Margin % or its related term are showing as below:
TSX:EIT.UN'
s Pretax Margin % Range Over the Past 10 Years
Min: 73.98 Med: 93.25 Max: 137.54
Current: 94.68
TSX:EIT.UN's Pretax Margin % is ranked better than 56.93% of 1579
companies
in the Asset Management industry
Industry Median: 89.43
vs TSX:EIT.UN: 94.68
Canoe EITome Fund (TSX:EIT.UN) 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.
Canoe EITome Fund Pretax Margin % Related Terms
Canoe EITome Fund Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Canoe EITome Fund'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.
TSX:EIT.UN vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Canoe EITome 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.
Canoe EITome Fund Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Canoe EITome Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Canoe EITome 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.
Canoe EITome Fund (TSX:EIT.UN) has a Pretax Margin % of 94.84% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Canoe EITome Fund and its competitors. This is near median its historical median of 93.25. Over the past decade, Canoe EITome Fund's Pretax Margin % has ranged from 73.98 to 137.54. According to the industry distribution chart, Canoe EITome Fund ranks #680 out of 1579 companies in the Asset Management industry, placing it in the top 43.1%.
Is Canoe EITome Fund's Pretax Margin % too high?
Canoe EITome Fund's current Pretax Margin % of 94.84% is near median its 10-year median of 93.25. Over the past 10 years, this metric has ranged from a low of 73.98 to a high of 137.54. The Asset Management industry median Pretax Margin % is 89.43. Canoe EITome Fund's value of 94.84% is 6% above this industry median. Based on the distribution chart, Canoe EITome Fund ranks #680 out of 1579 companies in the Asset Management industry, which is above the industry midpoint. Overall, Canoe EITome Fund has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canoe EITome Fund's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Canoe EITome Fund ranks #680 out of 1579 companies for Pretax Margin %. This puts Canoe EITome Fund in the upper half of its industry. The industry median Pretax Margin % is 89.43. Canoe EITome Fund's value of 94.84% is 6% above this benchmark. Historically, Canoe EITome Fund's own Pretax Margin % has ranged from 73.98 to 137.54 over the past decade. While the company's 10-year median is 93.25 vs. the industry median of 89.43, Canoe EITome 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 89.43, based on 1,579 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. Canoe EITome Fund's current Pretax Margin % of 94.84% is 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 Canoe EITome Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canoe EITome Fund's current Pretax Margin % is 94.84%, which is near median its own 10-year median of 93.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canoe EITome Fund stock overvalued right now?
Based on GuruFocus' analysis, Canoe EITome Fund (TSX:EIT.UN) is currently considered Modestly Overvalued. The stock's GF Value™ is C$14.16, compared to a current price of C$17.16 — trading 21.2% above its estimated fair value. The current Pretax Margin % is 94.84%, which is near median its 10-year median of 93.25 and 6% above the Asset Management industry median of 89.43. Canoe EITome Fund's overall GF Score™ is 49/100 with 6 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 Canoe EITome Fund (TSX:EIT.UN), the current Pretax Margin % is 94.84% 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 Canoe EITome Fund (TSX:EIT.UN) Overvalued in 2026?
Based on GuruFocus' analysis, Canoe EITome Fund stock appears to be overvalued.
The current stock price of C$17.16 is trading 21.2% above its estimated GF Value™ of C$14.16.
GuruFocus considers Canoe EITome Fund to be Modestly Overvalued.
Key valuation signals for TSX:EIT.UN:
Pretax Margin %: 94.84% (near median its 10-year median of 93.25)
GF Value™: C$14.16 vs. price of C$17.16 (21.2% above fair value)
Industry Position: 6% above the Asset Management median (#680 of 1579)
No single metric tells the full story. See the TSX:EIT.UN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canoe EIT Income Fund is a Canadian closed-end investment trust. Its investment objective is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio of high quality securities. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.
49GF Score
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