Polynet PCLBKK:POLY -1.47%91 Pretax Margin % is 26.79% as of Mar. 2026, which is 36% above its 10-year median of 19.65. GuruFocus rates BKK:POLY with a GF Score™ of 91/100 and a GF Value™ of ฿8.97 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,032 Industrial Products companies, Polynet PCL ranks better than 94.1% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Polynet PCL's Pre-Tax Income for the
three
months ended in Mar. 2026 was ฿78 Mil. Polynet PCL's Revenue for the
three
months ended in Mar. 2026 was ฿291 Mil. Therefore, Polynet PCL's pretax margin for the quarter that ended in Mar. 2026 was 26.79%.
The historical rank and industry rank for Polynet PCL's Pretax Margin % or its related term are showing as below:
BKK:POLY'
s Pretax Margin % Range Over the Past 10 Years
Min: 4.91 Med: 19.65 Max: 24.64
Current: 24.56
BKK:POLY's Pretax Margin % is ranked better than 94.1% of 3032
companies
in the Industrial Products industry
Industry Median: 5.83
vs BKK:POLY: 24.56
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.
Polynet PCL Pretax Margin % Related Terms
Polynet PCL Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Polynet PCL'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.
BKK:POLY vs CRS, ATI, MLI: Pretax Margin % Comparison
For the Metal Fabrication subindustry, Polynet PCL'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.
Polynet PCL Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polynet PCL's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Polynet PCL'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.
Polynet PCL (BKK:POLY) has a Pretax Margin % of 26.79% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Polynet PCL and its competitors. This is 36% above median its historical median of 19.65. Over the past decade, Polynet PCL's Pretax Margin % has ranged from 4.91 to 24.64. According to the industry distribution chart, Polynet PCL ranks #179 out of 3032 companies in the Industrial Products industry, placing it in the top 5.9%.
Is Polynet PCL's Pretax Margin % too high?
Polynet PCL's current Pretax Margin % of 26.79% is 36% above median its 10-year median of 19.65. Over the past 10 years, this metric has ranged from a low of 4.91 to a high of 24.64. The Industrial Products industry median Pretax Margin % is 5.83. Polynet PCL's value of 26.79% is 359.5% above this industry median. Based on the distribution chart, Polynet PCL ranks #179 out of 3032 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Polynet PCL has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polynet PCL's Pretax Margin % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Polynet PCL ranks #179 out of 3032 companies for Pretax Margin %. This places Polynet PCL in the top 6% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.83. Polynet PCL's value of 26.79% is 359.5% above this benchmark. Historically, Polynet PCL's own Pretax Margin % has ranged from 4.91 to 24.64 over the past decade. While the company's 10-year median is 19.65 vs. the industry median of 5.83, Polynet PCL 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 an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.83, based on 3,032 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. Polynet PCL's current Pretax Margin % of 26.79% is 359.5% 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 Polynet PCL and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polynet PCL's current Pretax Margin % is 26.79%, which is 36% above median its own 10-year median of 19.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polynet PCL stock overvalued right now?
Based on GuruFocus' analysis, Polynet PCL (BKK:POLY) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿8.97, compared to a current price of ฿6.70 — trading 25.3% below its estimated fair value. The current Pretax Margin % is 26.79%, which is 36% above median its 10-year median of 19.65 and 359.5% above the Industrial Products industry median of 5.83. Polynet PCL's overall GF Score™ is 91/100 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 Polynet PCL (BKK:POLY), the current Pretax Margin % is 26.79% 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 Polynet PCL (BKK:POLY) Overvalued in 2026?
Based on GuruFocus' analysis, Polynet PCL stock appears to be undervalued.
The current stock price of ฿6.70 is trading 25.3% below its estimated GF Value™ of ฿8.97.
GuruFocus considers Polynet PCL to be Modestly Undervalued.
Key valuation signals for BKK:POLY:
Pretax Margin %: 26.79% (36% above median its 10-year median of 19.65)
GF Value™: ฿8.97 vs. price of ฿6.70 (25.3% below fair value)
Industry Position: 359.5% above the Industrial Products median (#179 of 3032)
No single metric tells the full story. See the BKK:POLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polynet PCL is engaged in the forming, manufacturing and distributing of products related to rubber, plastic, silicone, and molds for the automotive industry, medical tools and equipment, and consumer products. The company generates majority of its revenue from automotive industry.
91GF Score
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