Goldfine Manufacturers (BKK:GFM-R) Pretax Margin %: 9.11% (As of Sep. 2014) — 54% Below Median


What is Goldfine Manufacturers Pretax Margin %?

Goldfine Manufacturers BKK:GFM-R Pretax Margin % is 9.11% as of Sep. 2014, which is 54% below its 10-year median of 20.00. The stock has 3 warning signs investors should review.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Goldfine Manufacturers's Pre-Tax Income for the three months ended in Sep. 2014 was ฿27.01 Mil. Goldfine Manufacturers's Revenue for the three months ended in Sep. 2014 was ฿296.62 Mil. Therefore, Goldfine Manufacturers's pretax margin for the quarter that ended in Sep. 2014 was 9.11%.

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

BKK:GFM-R' s Pretax Margin % Range Over the Past 10 Years
Min: 13.07   Med: 20   Max: 24.18
Current: 15.52


BKK:GFM-R's Pretax Margin % is not ranked
in the Retail - Cyclical industry.
Industry Median: 3.15 vs BKK:GFM-R: 15.52

Goldfine Manufacturers  (BKK:GFM-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.


Goldfine Manufacturers Pretax Margin % Related Terms


Goldfine Manufacturers Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Goldfine Manufacturers'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.

Goldfine Manufacturers Pretax Margin % Chart

Goldfine Manufacturers Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 22.89 20.72 20.00 15.19 13.63

Goldfine Manufacturers Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 7.91 21.77 21.51 9.09 9.11

Goldfine Manufacturers Pretax Margin % Competitor Comparison

For the Luxury Goods subindustry, Goldfine Manufacturers'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.


Goldfine Manufacturers Pretax Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldfine Manufacturers's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Goldfine Manufacturers's Pretax Margin % falls into.



Goldfine Manufacturers 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.

Goldfine Manufacturers's Pretax Margin for the fiscal year that ended in Dec. 2013 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2013 )/Revenue (A: Dec. 2013 )
=162.538/1192.718
=13.63 %

Goldfine Manufacturers's Pretax Margin for the quarter that ended in Sep. 2014 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2014 )/Revenue (Q: Sep. 2014 )
=27.01/296.615
=9.11 %

* 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 9.11% mean?
Goldfine Manufacturers (BKK:GFM-R) has a Pretax Margin % of 9.11% as of Sep. 2014. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Goldfine Manufacturers and its competitors. This is 54% below median its historical median of 20.00. Over the past decade, Goldfine Manufacturers' Pretax Margin % has ranged from 13.07 to 24.18.
Is Goldfine Manufacturers' Pretax Margin % too high?
Goldfine Manufacturers' current Pretax Margin % of 9.11% is 54% below median its 10-year median of 20.00. Over the past 10 years, this metric has ranged from a low of 13.07 to a high of 24.18. The Retail - Cyclical industry median Pretax Margin % is 3.15. Goldfine Manufacturers' value of 9.11% is 189.2% above this industry median.
How does Goldfine Manufacturers' Pretax Margin % compare to competitors?
Goldfine Manufacturers' Pretax Margin % of 9.11% can be compared against companies in the Retail - Cyclical industry. The industry median Pretax Margin % is 3.15. Goldfine Manufacturers' value of 9.11% is 189.2% above this benchmark. Historically, Goldfine Manufacturers' own Pretax Margin % has ranged from 13.07 to 24.18 over the past decade. While the company's 10-year median is 20.00 vs. the industry median of 3.15, Goldfine Manufacturers 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 3.15, 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. Goldfine Manufacturers's current Pretax Margin % of 9.11% is 189.2% 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 Goldfine Manufacturers and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldfine Manufacturers's current Pretax Margin % is 9.11%, which is 54% below median its own 10-year median of 20.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldfine Manufacturers stock overvalued right now?
Goldfine Manufacturers (BKK:GFM-R) has a current Pretax Margin % of 9.11%. The current Pretax Margin % is 9.11%, which is 54% below median its 10-year median of 20.00 and 189.2% above the Retail - Cyclical industry median of 3.15. 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 Goldfine Manufacturers (BKK:GFM-R), the current Pretax Margin % is 9.11% as of Sep. 2014. 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.

Goldfine Manufacturers Business Description

Goldfine Manufacturers Public Company Limited was incorporated on 26 September 1989 in Thailand. The Company is a manufacturer, importer and exporter of ornaments and jewelries. It manufactures and exports gold, silver, platinum jewelry sets with diamonds, precious stones, semi-precious stones and others.