Bellevue Group AGXSWX:BBN +2.34%63 Pretax Margin % is 11.71% as of Dec. 2025, which is 58% below its 10-year median of 27.75. GuruFocus rates XSWX:BBN with a GF Score™ of 63/100 and a GF Value™ of CHF9.81 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,572 Asset Management companies, Bellevue Group AG ranks worse than 81.11% on this metric.
The historical rank and industry rank for Bellevue Group AG's Pretax Margin % or its related term are showing as below:
XSWX:BBN'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.18 Med: 27.75 Max: 37.58
Current: 6.62
XSWX:BBN's Pretax Margin % is ranked worse than 81.11% of 1572
companies
in the Asset Management industry
Industry Median: 89.62
vs XSWX:BBN: 6.62
Bellevue Group AG (XSWX:BBN) 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.
Bellevue Group AG Pretax Margin % Related Terms
Bellevue Group AG Pretax Margin % Historical Data
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The historical data trend for Bellevue Group AG'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.
XSWX:BBN vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Bellevue Group AG'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.
Bellevue Group AG Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Bellevue Group AG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Bellevue Group AG'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.
Bellevue Group AG (XSWX:BBN) has a Pretax Margin % of 11.71% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Bellevue Group AG and its competitors. This is 58% below median its historical median of 27.75. Over the past decade, Bellevue Group AG's Pretax Margin % has ranged from 2.18 to 37.58. According to the industry distribution chart, Bellevue Group AG ranks #1275 out of 1572 companies in the Asset Management industry, placing it in the top 81.1%.
Is Bellevue Group AG's Pretax Margin % too high?
Bellevue Group AG's current Pretax Margin % of 11.71% is 58% below median its 10-year median of 27.75. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 37.58. The Asset Management industry median Pretax Margin % is 89.62. Bellevue Group AG's value of 11.71% is 86.9% below this industry median. Based on the distribution chart, Bellevue Group AG ranks #1275 out of 1572 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Bellevue Group AG has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bellevue Group AG's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Bellevue Group AG ranks #1275 out of 1572 companies for Pretax Margin %. This places Bellevue Group AG in the lower half of its industry. The industry median Pretax Margin % is 89.62. Bellevue Group AG's value of 11.71% is 86.9% below this benchmark. Historically, Bellevue Group AG's own Pretax Margin % has ranged from 2.18 to 37.58 over the past decade. While the company's 10-year median is 27.75 vs. the industry median of 89.62, Bellevue Group AG 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 89.62, based on 1,572 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. Bellevue Group AG's current Pretax Margin % of 11.71% is 86.9% 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 Bellevue Group AG and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellevue Group AG's current Pretax Margin % is 11.71%, which is 58% below median its own 10-year median of 27.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellevue Group AG stock overvalued right now?
Based on GuruFocus' analysis, Bellevue Group AG (XSWX:BBN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF9.81, compared to a current price of CHF7.00 — trading 28.6% below its estimated fair value. The current Pretax Margin % is 11.71%, which is 58% below median its 10-year median of 27.75 and 86.9% below the Asset Management industry median of 89.62. Bellevue Group AG's overall GF Score™ is 63/100 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 Bellevue Group AG (XSWX:BBN), the current Pretax Margin % is 11.71% 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 Bellevue Group AG (XSWX:BBN) Overvalued in 2026?
Based on GuruFocus' analysis, Bellevue Group AG stock appears to be undervalued.
The current stock price of CHF7.00 is trading 28.6% below its estimated GF Value™ of CHF9.81.
GuruFocus considers Bellevue Group AG to be Modestly Undervalued.
Key valuation signals for XSWX:BBN:
Pretax Margin %: 11.71% (58% below median its 10-year median of 27.75)
GF Value™: CHF9.81 vs. price of CHF7.00 (28.6% below fair value)
Industry Position: 86.9% below the Asset Management median (#1275 of 1572)
No single metric tells the full story. See the XSWX:BBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bellevue Group AG is a Switzerland-based company operating in the finance industry. It is principally engaged in the field of asset management. The business operates in one segment. The segment consists of the operating business units Bellevue Asset Management, StarCapital, and Bellevue Private Markets. It focuses on managing equity portfolios for selected sectors and regional strategies.
63GF Score
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