Amplifon SpAAMFPY 58 Pretax Margin % is 4.00% as of Mar. 2026, which is 57% below its 10-year median of 9.38. GuruFocus rates AMFPY with a GF Score™ of 58/100 and a GF Value™ of $171.05 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 119 Medical Distribution companies, Amplifon SpA ranks better than 69.75% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Amplifon SpA's Pre-Tax Income for the
three
months ended in Mar. 2026 was $27 Mil. Amplifon SpA's Revenue for the
three
months ended in Mar. 2026 was $670 Mil. Therefore, Amplifon SpA's pretax margin for the quarter that ended in Mar. 2026 was 4.00%.
The historical rank and industry rank for Amplifon SpA's Pretax Margin % or its related term are showing as below:
AMFPY'
s Pretax Margin % Range Over the Past 10 Years
Min: 4.54 Med: 9.38 Max: 11.5
Current: 4.54
AMFPY's Pretax Margin % is ranked better than 69.75% of 119
companies
in the Medical Distribution industry
Industry Median: 2.47
vs AMFPY: 4.54
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.
Amplifon SpA Pretax Margin % Related Terms
Amplifon SpA Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Amplifon SpA'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.
AMFPY vs MCK, COR, CAH: Pretax Margin % Comparison
For the Medical Distribution subindustry, Amplifon SpA'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.
Amplifon SpA Pretax Margin % vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Amplifon SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Amplifon SpA'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.
Amplifon SpA (AMFPY) has a Pretax Margin % of 4.00% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Amplifon SpA and its competitors. This is 57% below median its historical median of 9.38. Over the past decade, Amplifon SpA's Pretax Margin % has ranged from 4.54 to 11.50. According to the industry distribution chart, Amplifon SpA ranks #36 out of 119 companies in the Medical Distribution industry, placing it in the top 30.3%.
Is Amplifon SpA's Pretax Margin % too high?
Amplifon SpA's current Pretax Margin % of 4.00% is 57% below median its 10-year median of 9.38. Over the past 10 years, this metric has ranged from a low of 4.54 to a high of 11.50. The Medical Distribution industry median Pretax Margin % is 2.47. Amplifon SpA's value of 4.00% is 61.9% above this industry median. Based on the distribution chart, Amplifon SpA ranks #36 out of 119 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Amplifon SpA has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Amplifon SpA's Pretax Margin % compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Amplifon SpA ranks #36 out of 119 companies for Pretax Margin %. This puts Amplifon SpA in the upper half of its industry. The industry median Pretax Margin % is 2.47. Amplifon SpA's value of 4.00% is 61.9% above this benchmark. Historically, Amplifon SpA's own Pretax Margin % has ranged from 4.54 to 11.50 over the past decade. While the company's 10-year median is 9.38 vs. the industry median of 2.47, Amplifon SpA 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 a Medical Distribution company?
The median Pretax Margin % among Medical Distribution companies is 2.47, based on 119 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. Amplifon SpA's current Pretax Margin % of 4.00% is 61.9% 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 Amplifon SpA and its competitors. For the Medical Distribution industry, the median Pretax Margin % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amplifon SpA's current Pretax Margin % is 4.00%, which is 57% below median its own 10-year median of 9.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amplifon SpA stock overvalued right now?
Based on GuruFocus' analysis, Amplifon SpA (AMFPY) is currently considered Possible Value Trap. The stock's GF Value™ is $171.05, compared to a current price of $46.99 — trading 72.5% below its estimated fair value. The current Pretax Margin % is 4.00%, which is 57% below median its 10-year median of 9.38 and 61.9% above the Medical Distribution industry median of 2.47. Amplifon SpA's overall GF Score™ is 58/100 with 5 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 Amplifon SpA (AMFPY), the current Pretax Margin % is 4.00% as of Mar. 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 Amplifon SpA (AMFPY) Overvalued in 2026?
Based on GuruFocus' analysis, Amplifon SpA stock appears to be undervalued.
The current stock price of $46.99 is trading 72.5% below its estimated GF Value™ of $171.05.
GuruFocus considers Amplifon SpA to be Possible Value Trap.
Key valuation signals for AMFPY:
Pretax Margin %: 4.00% (57% below median its 10-year median of 9.38)
GF Value™: $171.05 vs. price of $46.99 (72.5% below fair value)
Industry Position: 61.9% above the Medical Distribution median (#36 of 119)
No single metric tells the full story. See the AMFPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amplifon SpA provides customizable hearing solutions and services through a distribution network of network affiliates, corporate shops, franchises, and shop-in-shops. The company operates in three segments based on geography: the Americas; Europe, the Middle East, and Africa; and Asia-Pacific. It generates the majority of its revenue in the EMEA region. It operates under a variety of brands in these regions, including Amplifon, Beter Horen, Maxtone, and Miracle-Ear.
58GF Score
Get the complete analysis for AMFPY
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AMFPY has been successfully added to your 
