Bangkok Expressway (BKK:BECL-R) Pretax Margin %: 94.13% (As of Sep. 2015) — 202% Above Median


What is Bangkok Expressway Pretax Margin %?

Bangkok Expressway BKK:BECL-R Pretax Margin % is 94.13% as of Sep. 2015, which is 202% above its 10-year median of 31.19. The stock has 2 warning signs investors should review.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bangkok Expressway's Pre-Tax Income for the three months ended in Sep. 2015 was ฿2,092.36 Mil. Bangkok Expressway's Revenue for the three months ended in Sep. 2015 was ฿2,222.92 Mil. Therefore, Bangkok Expressway's pretax margin for the quarter that ended in Sep. 2015 was 94.13%.

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

BKK:BECL-R' s Pretax Margin % Range Over the Past 10 Years
Min: 25.76   Med: 31.19   Max: 69.89
Current: 57.59


BKK:BECL-R's Pretax Margin % is not ranked
in the Construction industry.
Industry Median: 5.56 vs BKK:BECL-R: 57.59

Bangkok Expressway  (BKK:BECL-R) 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.


Bangkok Expressway Pretax Margin % Related Terms


Bangkok Expressway Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway'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.

Bangkok Expressway Pretax Margin % Chart

Bangkok Expressway Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.77 25.76 39.08 69.89 46.64

Bangkok Expressway Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 43.22 60.81 41.24 35.86 94.13

BKK:BECL-R vs GVA, PRIM: Pretax Margin % Comparison

For the Engineering & Construction subindustry, Bangkok Expressway'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.


Bangkok Expressway Pretax Margin % vs Construction Industry

For the Construction industry and Industrials sector, Bangkok Expressway's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Bangkok Expressway's Pretax Margin % falls into.



Bangkok Expressway 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.

Bangkok Expressway's Pretax Margin for the fiscal year that ended in Dec. 2014 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2014 )/Revenue (A: Dec. 2014 )
=3957.316/8485.018
=46.64 %

Bangkok Expressway's Pretax Margin for the quarter that ended in Sep. 2015 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2015 )/Revenue (Q: Sep. 2015 )
=2092.356/2222.918
=94.13 %

* 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 94.13% mean?
Bangkok Expressway (BKK:BECL-R) has a Pretax Margin % of 94.13% as of Sep. 2015. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Bangkok Expressway and its competitors. This is 202% above median its historical median of 31.19. Over the past decade, Bangkok Expressway's Pretax Margin % has ranged from 25.76 to 69.89.
Is Bangkok Expressway's Pretax Margin % too high?
Bangkok Expressway's current Pretax Margin % of 94.13% is 202% above median its 10-year median of 31.19. Over the past 10 years, this metric has ranged from a low of 25.76 to a high of 69.89. The Construction industry median Pretax Margin % is 5.56. Bangkok Expressway's value of 94.13% is 1593% above this industry median.
How does Bangkok Expressway's Pretax Margin % compare to GVA and PRIM?
Bangkok Expressway's Pretax Margin % of 94.13% can be compared against companies in the Construction industry. The industry median Pretax Margin % is 5.56. Bangkok Expressway's value of 94.13% is 1593% above this benchmark. Historically, Bangkok Expressway's own Pretax Margin % has ranged from 25.76 to 69.89 over the past decade. While the company's 10-year median is 31.19 vs. the industry median of 5.56, Bangkok Expressway 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 Construction company?
The median Pretax Margin % among Construction companies is 5.56, based on 1,763 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. Bangkok Expressway's current Pretax Margin % of 94.13% is 1593% 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 Bangkok Expressway and its competitors. For the Construction industry, the median Pretax Margin % is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Expressway's current Pretax Margin % is 94.13%, which is 202% above median its own 10-year median of 31.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway stock overvalued right now?
Bangkok Expressway (BKK:BECL-R) has a current Pretax Margin % of 94.13%. The current Pretax Margin % is 94.13%, which is 202% above median its 10-year median of 31.19 and 1593% above the Construction industry median of 5.56. 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 Bangkok Expressway (BKK:BECL-R), the current Pretax Margin % is 94.13% as of Sep. 2015. 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.

Bangkok Expressway Business Description

Bangkok Expressway Public Company Limited engages in the design, construction, management, and operation of expressways in Thailand. The Company is engaged in the construction and management of Si Rat Expressway (Second Stage Expressway Project) and other extensions, including related businesses under the Second Stage Expressway agreement with the Expressway Authority of Thailand (EXAT); and the Udon Ratthaya Expressway under the Bang Pa-in-Pak Kret Expressway agreement entered into between EXAT and the Company.