MerinoASX:MNC Pretax Margin % is -162.21% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Merino ranks worse than 97.31% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Merino's Pre-Tax Income for the
six
months ended in Dec. 2025 was A$-1.53 Mil. Merino's Revenue for the
six
months ended in Dec. 2025 was A$0.94 Mil. Therefore, Merino's pretax margin for the quarter that ended in Dec. 2025 was -162.21%.
The historical rank and industry rank for Merino's Pretax Margin % or its related term are showing as below:
ASX:MNC'
s Pretax Margin % Range Over the Past 10 Years
Min: -125.59 Med: 2.88 Max: 4.98
Current: -125.59
ASX:MNC's Pretax Margin % is ranked worse than 97.31% of 1039
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.52
vs ASX:MNC: -125.59
Merino (ASX:MNC) 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.
Merino Pretax Margin % Related Terms
Merino Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Merino'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:MNC vs RL, LEVI, VFC: Pretax Margin % Comparison
For the Apparel Manufacturing subindustry, Merino'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.
Merino Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Merino's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Merino'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.
Merino (ASX:MNC) has a Pretax Margin % of -162.21% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Merino and its competitors. According to the industry distribution chart, Merino ranks #1011 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 97.3%.
Is Merino's Pretax Margin % too high?
Merino's current Pretax Margin % is -162.21%. Based on the distribution chart, Merino ranks #1011 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers.
How does Merino's Pretax Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Merino ranks #1011 out of 1039 companies for Pretax Margin %. This places Merino in the lower half of its industry. The industry median Pretax Margin % is 3.52. 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.52, based on 1,039 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 Merino and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merino's current Pretax Margin % is -162.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merino stock overvalued right now?
Merino (ASX:MNC) has a current Pretax Margin % of -162.21%. The current Pretax Margin % is -162.21%. 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 Merino (ASX:MNC), the current Pretax Margin % is -162.21% 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.
Merino & Co Ltd Export and distribution of merino wool products. It manufactures, markets, and sells wool apparel and accessories, predominantly featuring fine Merino wool, to both Australian and international markets. The Entity has two reporting segments, Australia and China, and the majority of its revenue is generated from Australia.
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