Technology OneASX:TNE +2.45%100 Pretax Margin % is 27.97% as of Mar. 2026, which is 3% below its 10-year median of 28.92. GuruFocus rates ASX:TNE with a GF Score™ of 100/100 and a GF Value™ of A$30.00 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,823 Software companies, Technology One ranks better than 93.02% on this metric.
The historical rank and industry rank for Technology One's Pretax Margin % or its related term are showing as below:
ASX:TNE'
s Pretax Margin % Range Over the Past 10 Years
Min: 21.36 Med: 28.92 Max: 31.43
Current: 29.89
ASX:TNE's Pretax Margin % is ranked better than 93.02% of 2823
companies
in the Software industry
Industry Median: 3.54
vs ASX:TNE: 29.89
Technology One (ASX:TNE) 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.
Technology One Pretax Margin % Related Terms
Technology One Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Technology One'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:TNE vs CRM, SHOP, UBER: Pretax Margin % Comparison
For the Software - Application subindustry, Technology One'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.
Technology One Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Technology One's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Technology One'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.
Technology One (ASX:TNE) has a Pretax Margin % of 27.97% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Technology One and its competitors. This is near median its historical median of 28.92. Over the past decade, Technology One's Pretax Margin % has ranged from 21.36 to 31.43. According to the industry distribution chart, Technology One ranks #197 out of 2823 companies in the Software industry, placing it in the top 7%.
Is Technology One's Pretax Margin % too high?
Technology One's current Pretax Margin % of 27.97% is near median its 10-year median of 28.92. Over the past 10 years, this metric has ranged from a low of 21.36 to a high of 31.43. The Software industry median Pretax Margin % is 3.54. Technology One's value of 27.97% is 690.1% above this industry median. Based on the distribution chart, Technology One ranks #197 out of 2823 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Technology One has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Technology One's Pretax Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Technology One ranks #197 out of 2823 companies for Pretax Margin %. This places Technology One in the top 7% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.54. Technology One's value of 27.97% is 690.1% above this benchmark. Historically, Technology One's own Pretax Margin % has ranged from 21.36 to 31.43 over the past decade. While the company's 10-year median is 28.92 vs. the industry median of 3.54, Technology One 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 Software company?
The median Pretax Margin % among Software companies is 3.54, based on 2,823 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. Technology One's current Pretax Margin % of 27.97% is 690.1% 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 Technology One and its competitors. For the Software industry, the median Pretax Margin % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technology One's current Pretax Margin % is 27.97%, which is near median its own 10-year median of 28.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technology One stock overvalued right now?
Based on GuruFocus' analysis, Technology One (ASX:TNE) is currently considered Fairly Valued. The stock's GF Value™ is A$30.00, compared to a current price of A$28.41 — trading 5.3% below its estimated fair value. The current Pretax Margin % is 27.97%, which is near median its 10-year median of 28.92 and 690.1% above the Software industry median of 3.54. Technology One's overall GF Score™ is 100/100 with 1 warning sign 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 Technology One (ASX:TNE), the current Pretax Margin % is 27.97% as of Mar. 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 Technology One (ASX:TNE) Overvalued in 2026?
Based on GuruFocus' analysis, Technology One stock appears to be undervalued.
The current stock price of A$28.41 is trading 5.3% below its estimated GF Value™ of A$30.00.
GuruFocus considers Technology One to be Fairly Valued.
Key valuation signals for ASX:TNE:
Pretax Margin %: 27.97% (near median its 10-year median of 28.92)
GF Value™: A$30.00 vs. price of A$28.41 (5.3% below fair value)
Industry Position: 690.1% above the Software median (#197 of 2823)
No single metric tells the full story. See the ASX:TNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technology One is a technology company providing enterprise resource planning software, primarily to governmental organizations, education institutions, and healthcare organizations in Australia, New Zealand, and the United Kingdom. Over the past three decades, Technology One has successfully carved out its niche, boasting dominant market shares in some of its key verticals, world-leading annual customer retention rates of over 99%, and a consistently growing number of products used per customer.
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