Kina Securities (ASX:KSL) Pretax Margin %: 35.98% (As of Dec. 2025) — Near Median

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ASX:KSL Kina Securities Ltd ASX:KSL
79 GF Score
Price A$1.25
GF Value A$1.18
Valuation Fairly Valued
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What is Kina Securities Pretax Margin %?

Kina Securities ASX:KSL +0.40% 79 Pretax Margin % is 35.98% as of Dec. 2025, which is 8% below its 10-year median of 38.95. GuruFocus rates ASX:KSL with a GF Score™ of 79/100 and a GF Value™ of A$1.18 (Fairly Valued). Among 110 Diversified Financial Services companies, Kina Securities ranks better than 80.91% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kina Securities's Pre-Tax Income for the six months ended in Dec. 2025 was A$33.6 Mil. Kina Securities's Revenue for the six months ended in Dec. 2025 was A$93.3 Mil. Therefore, Kina Securities's pretax margin for the quarter that ended in Dec. 2025 was 35.98%.

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

ASX:KSL' s Pretax Margin % Range Over the Past 10 Years
Min: 30.29   Med: 38.95   Max: 51.05
Current: 36.69


ASX:KSL's Pretax Margin % is ranked better than
80.91% of 110 companies
in the Diversified Financial Services industry
Industry Median: 11.115 vs ASX:KSL: 36.69

Kina Securities  (ASX:KSL) 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.


Kina Securities Pretax Margin % Related Terms


Kina Securities Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Kina Securities'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.

Kina Securities Pretax Margin % Chart

Kina Securities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.75 40.52 43.60 37.52 36.69

Kina Securities 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 44.83 32.38 41.99 37.51 35.98

ASX:KSL vs VOYA, FRHC: Pretax Margin % Comparison

For the Financial Conglomerates subindustry, Kina Securities'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.


Kina Securities Pretax Margin % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Kina Securities's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Kina Securities's Pretax Margin % falls into.


ASX:KSL
79GF Score
Kina Securities Ltd ASX:KSL
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kina Securities 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.

Kina Securities's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=63.406/172.835
=36.69 %

Kina Securities'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 )
=33.585/93.336
=35.98 %

* 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 35.98% mean?
Kina Securities (ASX:KSL) has a Pretax Margin % of 35.98% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kina Securities and its competitors. This is near median its historical median of 38.95. Over the past decade, Kina Securities' Pretax Margin % has ranged from 30.29 to 51.05. According to the industry distribution chart, Kina Securities ranks #21 out of 110 companies in the Diversified Financial Services industry, placing it in the top 19.1%.
Is Kina Securities' Pretax Margin % too high?
Kina Securities' current Pretax Margin % of 35.98% is near median its 10-year median of 38.95. Over the past 10 years, this metric has ranged from a low of 30.29 to a high of 51.05. The Diversified Financial Services industry median Pretax Margin % is 11.12. Kina Securities' value of 35.98% is 223.7% above this industry median. Based on the distribution chart, Kina Securities ranks #21 out of 110 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Kina Securities has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kina Securities' Pretax Margin % compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Kina Securities ranks #21 out of 110 companies for Pretax Margin %. This places Kina Securities in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 11.12. Kina Securities' value of 35.98% is 223.7% above this benchmark. Historically, Kina Securities' own Pretax Margin % has ranged from 30.29 to 51.05 over the past decade. While the company's 10-year median is 38.95 vs. the industry median of 11.12, Kina Securities 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 Diversified Financial Services company?
The median Pretax Margin % among Diversified Financial Services companies is 11.12, based on 110 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. Kina Securities's current Pretax Margin % of 35.98% is 223.7% 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 Kina Securities and its competitors. For the Diversified Financial Services industry, the median Pretax Margin % is 11.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kina Securities's current Pretax Margin % is 35.98%, which is near median its own 10-year median of 38.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kina Securities stock overvalued right now?
Based on GuruFocus' analysis, Kina Securities (ASX:KSL) is currently considered Fairly Valued. The stock's GF Value™ is A$1.18, compared to a current price of A$1.25 — trading 5.5% above its estimated fair value. The current Pretax Margin % is 35.98%, which is near median its 10-year median of 38.95 and 223.7% above the Diversified Financial Services industry median of 11.12. Kina Securities' overall GF Score™ is 79/100. 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 Kina Securities (ASX:KSL), the current Pretax Margin % is 35.98% 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 Kina Securities (ASX:KSL) Overvalued in 2026?

Based on GuruFocus' analysis, Kina Securities stock appears to be overvalued. The current stock price of A$1.25 is trading 5.5% above its estimated GF Value™ of A$1.18. GuruFocus considers Kina Securities to be Fairly Valued.

Key valuation signals for ASX:KSL:

  • Pretax Margin %: 35.98% (near median its 10-year median of 38.95)
  • GF Value™: A$1.18 vs. price of A$1.25 (5.5% above fair value)
  • GF Score™: 79/100
  • Industry Position: 223.7% above the Diversified Financial Services median (#21 of 110)

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


Kina Securities Business Description

Address Douglas Street, PO Box 1141, 9th Level, Kina Bank Haus, Port Moresby, PNG, NCD 121
Kina Securities Ltd provides diversified financial products and services. The company offers banking services, personal and commercial loans, money market operations, provision of share brokerage, fund administration, investment management services asset financing, and corporate advice. The Group's reportable segments include Banking & Finance and Wealth Management. The Banking & Finance segment includes the operations of the Bank while the Wealth Management segment includes fund management and fund administration business. It derives the majority of its revenues from the banking segment.
79GF Score

Get the complete analysis for ASX:KSL

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

A$1.25
Price
A$1.18
GF Value