GM Leather SpA (MIL:GML) Pre-Tax Income: €0.15 Mil (TTM As of Dec. 2025)

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MIL:GML GM Leather SpA MIL:GML
64 GF Score
Price €0.72
GF Value €1.22
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is GM Leather SpA Pre-Tax Income?

GM Leather SpA MIL:GML 64 Pre-Tax Income is €0.15 Mil as of Dec. 2025. GuruFocus rates MIL:GML with a GF Score™ of 64/100 and a GF Value™ of €1.22 (Possible Value Trap). The stock has 9 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. GM Leather SpA's pretax income for the six months ended in Dec. 2025 was €-0.22 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was €0.15 Mil. GM Leather SpA's pretax margin was -1.13%.

During the past 6 years, GM Leather SpA's highest Pretax Margin was 7.88%. The lowest was 0.38%. And the median was 6.15%.


GM Leather SpA  (MIL:GML) Pre-Tax Income Explanation

GM Leather SpA's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.217/19.249
=-1.13%

During the past 6 years, GM Leather SpA's highest Pretax Margin was 7.88%. The lowest was 0.38%. And the median was 6.15%.

* 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.


GM Leather SpA Pre-Tax Income Related Terms


GM Leather SpA Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for GM Leather SpA's Pre-Tax Income 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.

GM Leather SpA Pre-Tax Income Chart

GM Leather SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial 3.28 2.32 2.77 0.95 0.15

GM Leather SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 0.65 0.30 0.37 -0.22

GM Leather SpA Pre-Tax Income Competitor Comparison

For the Textile Manufacturing subindustry, GM Leather SpA's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


GM Leather SpA Pre-Tax Income vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GM Leather SpA's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where GM Leather SpA's Pre-Tax Income falls into.


MIL:GML
64GF Score
GM Leather SpA MIL:GML
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GM Leather SpA Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

GM Leather SpA's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1.826+0+-2.43+0.001+0.757
=0.15

GM Leather SpA's Pretax Income for the quarter that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=0.074+0+-1.259+-0.001+0.969
=-0.22

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.15 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of €0.15 Mil mean?
GM Leather SpA (MIL:GML) has a Pre-Tax Income of €0.15 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on GM Leather SpA and its competitors.
Is GM Leather SpA's Pre-Tax Income too high?
GM Leather SpA's current Pre-Tax Income is €0.15 Mil. Overall, GM Leather SpA has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GM Leather SpA's Pre-Tax Income compare to competitors?
GM Leather SpA's Pre-Tax Income of €0.15 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Manufacturing - Apparel & Accessories company?
A good Pre-Tax Income depends on the Manufacturing - Apparel & Accessories industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on GM Leather SpA and its competitors. GM Leather SpA's current Pre-Tax Income is €0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GM Leather SpA stock overvalued right now?
Based on GuruFocus' analysis, GM Leather SpA (MIL:GML) is currently considered Possible Value Trap. The stock's GF Value™ is €1.22, compared to a current price of €0.72 — trading 41.4% below its estimated fair value. The current Pre-Tax Income is €0.15 Mil. GM Leather SpA's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For GM Leather SpA (MIL:GML), the current Pre-Tax Income is €0.15 Mil 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 GM Leather SpA (MIL:GML) Overvalued in 2026?

Based on GuruFocus' analysis, GM Leather SpA stock appears to be undervalued. The current stock price of €0.72 is trading 41.4% below its estimated GF Value™ of €1.22. GuruFocus considers GM Leather SpA to be Possible Value Trap.

Key valuation signals for MIL:GML:

  • Pre-Tax Income: €0.15 Mil
  • GF Value™: €1.22 vs. price of €0.72 (41.4% below fair value)
  • GF Score™: 64/100 with 9 warning signs

No single metric tells the full story. See the MIL:GML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GM Leather SpA Business Description

Address Via Olimpica 11, Arzignano, ITA, 36071
GM Leather SpA engages in the treatment, processing, and marketing of bovine leather. Its products are predominantly intended for the furniture, leather goods, and footwear industries. Geographically, the company derives its maximum revenue from non-EU countries followed by Italy and EU countries.
64GF Score

Get the complete analysis for MIL:GML

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.72
Price
€1.22
GF Value