EtherstackASX:ESK 44 Pretax Margin % is -49.45% as of Dec. 2025. GuruFocus rates ASX:ESK with a GF Score™ of 44/100 and a GF Value™ of A$0.43 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,825 Software companies, Etherstack ranks worse than 67.08% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Etherstack's Pre-Tax Income for the
six
months ended in Dec. 2025 was A$-2.81 Mil. Etherstack's Revenue for the
six
months ended in Dec. 2025 was A$5.67 Mil. Therefore, Etherstack's pretax margin for the quarter that ended in Dec. 2025 was -49.45%.
The historical rank and industry rank for Etherstack's Pretax Margin % or its related term are showing as below:
ASX:ESK'
s Pretax Margin % Range Over the Past 10 Years
Min: -64.2 Med: -13.22 Max: 21.67
Current: -5.22
ASX:ESK's Pretax Margin % is ranked worse than 67.08% of 2825
companies
in the Software industry
Industry Median: 3.53
vs ASX:ESK: -5.22
Etherstack (ASX:ESK) 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.
Etherstack Pretax Margin % Related Terms
Etherstack Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Etherstack'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:ESK vs CRM, SHOP, UBER: Pretax Margin % Comparison
For the Software - Application subindustry, Etherstack'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.
Etherstack Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Etherstack's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Etherstack'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.
Etherstack (ASX:ESK) has a Pretax Margin % of -49.45% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Etherstack and its competitors. According to the industry distribution chart, Etherstack ranks #1895 out of 2825 companies in the Software industry, placing it in the top 67.1%.
Is Etherstack's Pretax Margin % too high?
Etherstack's current Pretax Margin % is -49.45%. Based on the distribution chart, Etherstack ranks #1895 out of 2825 companies in the Software industry, which is below the industry midpoint. Overall, Etherstack has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Etherstack's Pretax Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Etherstack ranks #1895 out of 2825 companies for Pretax Margin %. This places Etherstack in the lower half of its industry. The industry median Pretax Margin % is 3.53. 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 Software company?
The median Pretax Margin % among Software companies is 3.53, based on 2,825 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. 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 Etherstack and its competitors. For the Software industry, the median Pretax Margin % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etherstack's current Pretax Margin % is -49.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etherstack stock overvalued right now?
Based on GuruFocus' analysis, Etherstack (ASX:ESK) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.43, compared to a current price of A$0.54 — trading 25.6% above its estimated fair value. The current Pretax Margin % is -49.45%. Etherstack's overall GF Score™ is 44/100 with 4 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 Etherstack (ASX:ESK), the current Pretax Margin % is -49.45% 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 Etherstack (ASX:ESK) Overvalued in 2026?
Based on GuruFocus' analysis, Etherstack stock appears to be overvalued.
The current stock price of A$0.54 is trading 25.6% above its estimated GF Value™ of A$0.43.
GuruFocus considers Etherstack to be Modestly Overvalued.
Key valuation signals for ASX:ESK:
Pretax Margin %: -49.45%
GF Value™: A$0.43 vs. price of A$0.54 (25.6% above fair value)
No single metric tells the full story. See the ASX:ESK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Etherstack PLC specializes in wireless communications technology. It designs, develops, and deploys wireless communications software and products. The company develops software for use in transceivers, which enables the transceiver to communicate with a radio network and other transceivers. In addition, it also licenses its software and designs to companies that manufacture telecommunication equipment for government, public safety agencies, and utilities. Geographically, the firm operates through the region of the United Kingdom, the United States, Japan, Australia, South Korea, and Canada.
44GF Score
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