Myer HoldingsASX:MYR +1.64%42 Pretax Margin % is 3.39% as of Jan. 2026, which is 77% above its 10-year median of 1.91. GuruFocus rates ASX:MYR with a GF Score™ of 42/100 and a GF Value™ of A$0.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Myer Holdings ranks worse than 84.66% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Myer Holdings's Pre-Tax Income for the
six
months ended in Jan. 2026 was A$59 Mil. Myer Holdings's Revenue for the
six
months ended in Jan. 2026 was A$1,747 Mil. Therefore, Myer Holdings's pretax margin for the quarter that ended in Jan. 2026 was 3.39%.
The historical rank and industry rank for Myer Holdings's Pretax Margin % or its related term are showing as below:
ASX:MYR'
s Pretax Margin % Range Over the Past 10 Years
Min: -19.36 Med: 1.91 Max: 3.26
Current: -5.77
ASX:MYR's Pretax Margin % is ranked worse than 84.66% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 3.135
vs ASX:MYR: -5.77
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.
Myer Holdings Pretax Margin % Related Terms
Myer Holdings Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Myer Holdings'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.
For the Department Stores subindustry, Myer Holdings'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.
Myer Holdings Pretax Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Myer Holdings'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.
Myer Holdings (ASX:MYR) has a Pretax Margin % of 3.39% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Myer Holdings and its competitors. This is 77% above median its historical median of 1.91. According to the industry distribution chart, Myer Holdings ranks #955 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 84.7%.
Is Myer Holdings' Pretax Margin % too high?
Myer Holdings' current Pretax Margin % of 3.39% is 77% above median its 10-year median of 1.91. The Retail - Cyclical industry median Pretax Margin % is 3.14. Myer Holdings' value of 3.39% is 8.1% above this industry median. Based on the distribution chart, Myer Holdings ranks #955 out of 1128 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Myer Holdings has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' Pretax Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #955 out of 1128 companies for Pretax Margin %. This places Myer Holdings in the lower half of its industry. The industry median Pretax Margin % is 3.14. Myer Holdings' value of 3.39% is 8.1% above this benchmark. While the company's 10-year median is 1.91 vs. the industry median of 3.14, Myer Holdings 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 3.14, 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. Myer Holdings's current Pretax Margin % of 3.39% is 8.1% 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 Myer Holdings and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current Pretax Margin % is 3.39%, which is 77% above median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Myer Holdings (ASX:MYR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.49, compared to a current price of A$0.31 — trading 36.7% below its estimated fair value. The current Pretax Margin % is 3.39%, which is 77% above median its 10-year median of 1.91 and 8.1% above the Retail - Cyclical industry median of 3.14. Myer Holdings' overall GF Score™ is 42/100 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 Myer Holdings (ASX:MYR), the current Pretax Margin % is 3.39% as of Jan. 2026. 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 Myer Holdings (ASX:MYR) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of A$0.31 is trading 36.7% below its estimated GF Value™ of A$0.49.
GuruFocus considers Myer Holdings to be Possible Value Trap.
Key valuation signals for ASX:MYR:
Pretax Margin %: 3.39% (77% above median its 10-year median of 1.91)
GF Value™: A$0.49 vs. price of A$0.31 (36.7% below fair value)
Industry Position: 8.1% above the Retail - Cyclical median (#955 of 1128)
No single metric tells the full story. See the ASX:MYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
42GF Score
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