The historical rank and industry rank for Netwealth Group's Pretax Margin % or its related term are showing as below:
ASX:NWL'
s Pretax Margin % Range Over the Past 10 Years
Min: 20.85 Med: 49.56 Max: 54.19
Current: 20.85
ASX:NWL's Pretax Margin % is ranked better than 87.42% of 2821
companies
in the Software industry
Industry Median: 3.5
vs ASX:NWL: 20.85
Netwealth Group (ASX:NWL) 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.
Netwealth Group Pretax Margin % Related Terms
Netwealth Group Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Netwealth Group'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:NWL vs UBER, SHOP, CRM: Pretax Margin % Comparison
For the Software - Application subindustry, Netwealth Group'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.
Netwealth Group Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Netwealth Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Netwealth Group'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.
Netwealth Group (ASX:NWL) has a Pretax Margin % of -4.97% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Netwealth Group and its competitors. Over the past decade, Netwealth Group's Pretax Margin % has ranged from 20.85 to 54.19. According to the industry distribution chart, Netwealth Group ranks #355 out of 2821 companies in the Software industry, placing it in the top 12.6%.
Is Netwealth Group's Pretax Margin % too high?
Netwealth Group's current Pretax Margin % is -4.97%. Over the past 10 years, this metric has ranged from a low of 20.85 to a high of 54.19. Based on the distribution chart, Netwealth Group ranks #355 out of 2821 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netwealth Group has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netwealth Group's Pretax Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Netwealth Group ranks #355 out of 2821 companies for Pretax Margin %. This places Netwealth Group in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.50. Historically, Netwealth Group's own Pretax Margin % has ranged from 20.85 to 54.19 over the past decade. 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 3.50, based on 2,821 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 Netwealth Group and its competitors. For the Software industry, the median Pretax Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netwealth Group's current Pretax Margin % is -4.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netwealth Group stock overvalued right now?
Based on GuruFocus' analysis, Netwealth Group (ASX:NWL) is currently considered Significantly Undervalued. The stock's GF Value™ is A$35.14, compared to a current price of A$19.89 — trading 43.4% below its estimated fair value. The current Pretax Margin % is -4.97%. Netwealth Group's overall GF Score™ is 83/100 with 2 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 Netwealth Group (ASX:NWL), the current Pretax Margin % is -4.97% 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 Netwealth Group (ASX:NWL) Overvalued in 2026?
Based on GuruFocus' analysis, Netwealth Group stock appears to be undervalued.
The current stock price of A$19.89 is trading 43.4% below its estimated GF Value™ of A$35.14.
GuruFocus considers Netwealth Group to be Significantly Undervalued.
Key valuation signals for ASX:NWL:
Pretax Margin %: -4.97%
GF Value™: A$35.14 vs. price of A$19.89 (43.4% below fair value)
No single metric tells the full story. See the ASX:NWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netwealth provides cloud-based investment administration software as a service in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform, which are managed by third-party investment managers.
83GF Score
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