ComputershareASX:CPU -1.23%82 Pretax Margin % is 23.99% as of Dec. 2025, which is 39% above its 10-year median of 17.25. GuruFocus rates ASX:CPU with a GF Score™ of 82/100 and a GF Value™ of A$30.18 (Modestly Overvalued). Among 774 Capital Markets companies, Computershare ranks better than 55.43% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Computershare's Pre-Tax Income for the
six
months ended in Dec. 2025 was A$570 Mil. Computershare's Revenue for the
six
months ended in Dec. 2025 was A$2,377 Mil. Therefore, Computershare's pretax margin for the quarter that ended in Dec. 2025 was 23.99%.
The historical rank and industry rank for Computershare's Pretax Margin % or its related term are showing as below:
ASX:CPU'
s Pretax Margin % Range Over the Past 10 Years
Min: 11.84 Med: 17.25 Max: 25.8
Current: 25.24
ASX:CPU's Pretax Margin % is ranked better than 55.43% of 774
companies
in the Capital Markets industry
Industry Median: 20.32
vs ASX:CPU: 25.24
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.
Computershare Pretax Margin % Related Terms
Computershare Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Computershare'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.
ASX:CPU vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, Computershare'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.
Computershare Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Computershare's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Computershare'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.
Computershare (ASX:CPU) has a Pretax Margin % of 23.99% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Computershare and its competitors. This is 39% above median its historical median of 17.25. Over the past decade, Computershare's Pretax Margin % has ranged from 11.84 to 25.80. According to the industry distribution chart, Computershare ranks #345 out of 774 companies in the Capital Markets industry, placing it in the top 44.6%.
Is Computershare's Pretax Margin % too high?
Computershare's current Pretax Margin % of 23.99% is 39% above median its 10-year median of 17.25. Over the past 10 years, this metric has ranged from a low of 11.84 to a high of 25.80. The Capital Markets industry median Pretax Margin % is 20.32. Computershare's value of 23.99% is 18.1% above this industry median. Based on the distribution chart, Computershare ranks #345 out of 774 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Computershare has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Computershare's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Computershare ranks #345 out of 774 companies for Pretax Margin %. This puts Computershare in the upper half of its industry. The industry median Pretax Margin % is 20.32. Computershare's value of 23.99% is 18.1% above this benchmark. Historically, Computershare's own Pretax Margin % has ranged from 11.84 to 25.80 over the past decade. While the company's 10-year median is 17.25 vs. the industry median of 20.32, Computershare 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.32, based on 774 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. Computershare's current Pretax Margin % of 23.99% is 18.1% 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 Computershare and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Computershare's current Pretax Margin % is 23.99%, which is 39% above median its own 10-year median of 17.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computershare stock overvalued right now?
Based on GuruFocus' analysis, Computershare (ASX:CPU) is currently considered Modestly Overvalued. The stock's GF Value™ is A$30.18, compared to a current price of A$36.88 — trading 22.2% above its estimated fair value. The current Pretax Margin % is 23.99%, which is 39% above median its 10-year median of 17.25 and 18.1% above the Capital Markets industry median of 20.32. Computershare's overall GF Score™ is 82/100. 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 Computershare (ASX:CPU), the current Pretax Margin % is 23.99% 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 Computershare (ASX:CPU) Overvalued in 2026?
Based on GuruFocus' analysis, Computershare stock appears to be overvalued.
The current stock price of A$36.88 is trading 22.2% above its estimated GF Value™ of A$30.18.
GuruFocus considers Computershare to be Modestly Overvalued.
Key valuation signals for ASX:CPU:
Pretax Margin %: 23.99% (39% above median its 10-year median of 17.25)
GF Value™: A$30.18 vs. price of A$36.88 (22.2% above fair value)
Industry Position: 18.1% above the Capital Markets median (#345 of 774)
No single metric tells the full story. See the ASX:CPU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in Australia in 1978, Computershare has grown via acquisitions to become the world's leading provider of issuer services. Employee share plans and communications services are commonly sold together with issuer services to corporations. The company also has a business services offering and a corporate trust business, alongside a small mortgage administration business that's due to be divested. Over the medium term, around half of group EBITDA is expected to be generated from interest income on client cash balances, or margin income, which is exposed to interest-rate movements.
82GF Score
Get the complete analysis for ASX:CPU
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
ASX:CPU has been successfully added to your 
