Accent Group (ASX:AX1) Pretax Margin %: 5.02% (As of Dec. 2025) — 42% Below Median


ASX:AX1 Accent Group Ltd ASX:AX1
78 GF Score
Price A$0.70
GF Value A$1.97
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Accent Group Pretax Margin %?

Accent Group ASX:AX1 78 Pretax Margin % is 5.02% as of Dec. 2025, which is 42% below its 10-year median of 8.73. GuruFocus rates ASX:AX1 with a GF Score™ of 78/100 and a GF Value™ of A$1.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Accent Group ranks better than 52.57% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Accent Group's Pre-Tax Income for the six months ended in Dec. 2025 was A$41 Mil. Accent Group's Revenue for the six months ended in Dec. 2025 was A$815 Mil. Therefore, Accent Group's pretax margin for the quarter that ended in Dec. 2025 was 5.02%.

The historical rank and industry rank for Accent Group's Pretax Margin % or its related term are showing as below:

ASX:AX1' s Pretax Margin % Range Over the Past 10 Years
Min: 3.71   Med: 8.73   Max: 11.21
Current: 3.71


ASX:AX1's Pretax Margin % is ranked better than
52.57% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.15 vs ASX:AX1: 3.71

Accent Group  (ASX:AX1) 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.


Accent Group Pretax Margin % Related Terms


Accent Group Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Accent Group'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.

Accent Group Pretax Margin % Chart

Accent Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.21 4.13 8.43 5.81 5.55

Accent Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.09 3.45 8.61 2.19 5.02

ASX:AX1 vs TJX, ROST, BURL: Pretax Margin % Comparison

For the Apparel Retail subindustry, Accent Group'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.


Accent Group Pretax Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Accent Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Accent Group's Pretax Margin % falls into.


ASX:AX1
78GF Score
Accent Group Ltd ASX:AX1
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Accent Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Accent Group's Pretax Margin for the fiscal year that ended in Jun. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=81.996/1476.262
=5.55 %

Accent Group's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=40.892/815.02
=5.02 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 5.02% mean?
Accent Group (ASX:AX1) has a Pretax Margin % of 5.02% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Accent Group and its competitors. This is 42% below median its historical median of 8.73. Over the past decade, Accent Group's Pretax Margin % has ranged from 3.71 to 11.21. According to the industry distribution chart, Accent Group ranks #535 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 47.4%.
Is Accent Group's Pretax Margin % too high?
Accent Group's current Pretax Margin % of 5.02% is 42% below median its 10-year median of 8.73. Over the past 10 years, this metric has ranged from a low of 3.71 to a high of 11.21. The Retail - Cyclical industry median Pretax Margin % is 3.15. Accent Group's value of 5.02% is 59.4% above this industry median. Based on the distribution chart, Accent Group ranks #535 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Accent Group has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accent Group's Pretax Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Accent Group ranks #535 out of 1128 companies for Pretax Margin %. This puts Accent Group in the upper half of its industry. The industry median Pretax Margin % is 3.15. Accent Group's value of 5.02% is 59.4% above this benchmark. Historically, Accent Group's own Pretax Margin % has ranged from 3.71 to 11.21 over the past decade. While the company's 10-year median is 8.73 vs. the industry median of 3.15, Accent Group 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 Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.15, based on 1,128 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. Accent Group's current Pretax Margin % of 5.02% is 59.4% 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 Accent Group and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accent Group's current Pretax Margin % is 5.02%, which is 42% below median its own 10-year median of 8.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accent Group stock overvalued right now?
Based on GuruFocus' analysis, Accent Group (ASX:AX1) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.97, compared to a current price of A$0.70 — trading 64.5% below its estimated fair value. The current Pretax Margin % is 5.02%, which is 42% below median its 10-year median of 8.73 and 59.4% above the Retail - Cyclical industry median of 3.15. Accent Group's overall GF Score™ is 78/100 with 7 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 Accent Group (ASX:AX1), the current Pretax Margin % is 5.02% 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 Accent Group (ASX:AX1) Overvalued in 2026?

Based on GuruFocus' analysis, Accent Group stock appears to be undervalued. The current stock price of A$0.70 is trading 64.5% below its estimated GF Value™ of A$1.97. GuruFocus considers Accent Group to be Possible Value Trap.

Key valuation signals for ASX:AX1:

  • Pretax Margin %: 5.02% (42% below median its 10-year median of 8.73)
  • GF Value™: A$1.97 vs. price of A$0.70 (64.5% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 59.4% above the Retail - Cyclical median (#535 of 1128)

No single metric tells the full story. See the ASX:AX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Accent Group Business Description

Address 2/64 Balmain Street, Richmond, Melbourne, VIC, AUS, 3121
Accent Group is a retailer and wholesaler of footwear and apparel. It is the exclusive distributor of range of global brands, including Skechers, Vans, and Doctor Martens in Australia and New Zealand. Accent operates both monobranded stores and multibrand banners, such as Platypus, Hype DC, and The Athlete's Foot. With a network of more than 800 physical stores and 30 websites, Accent is the largest footwear retailer in Australia.
78GF Score

Get the complete analysis for ASX:AX1

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.70
Price
A$1.97
GF Value