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Nforce Secure PCLBKK:SECURE -1.39%92 Pretax Margin % is 14.14% as of Mar. 2026, which is 43% above its 10-year median of 9.91. GuruFocus rates BKK:SECURE with a GF Score™ of 92/100 and a GF Value™ of ฿15.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,477 Hardware companies, Nforce Secure PCL ranks better than 79.41% on this metric.
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.
Nforce Secure PCL Pretax Margin % Related Terms
Nforce Secure PCL Pretax Margin % Historical Data
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The historical data trend for Nforce Secure 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:SECURE vs MSFT, ORCL, PLTR: Pretax Margin % Comparison
For the Electronics & Computer Distribution subindustry, Nforce Secure 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.
Nforce Secure PCL Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Nforce Secure PCL's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nforce Secure 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.
Nforce Secure PCL (BKK:SECURE) has a Pretax Margin % of 14.14% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nforce Secure PCL and its competitors. This is 43% above median its historical median of 9.91. Over the past decade, Nforce Secure PCL's Pretax Margin % has ranged from 4.82 to 12.10. According to the industry distribution chart, Nforce Secure PCL ranks #510 out of 2477 companies in the Hardware industry, placing it in the top 20.6%.
Is Nforce Secure PCL's Pretax Margin % too high?
Nforce Secure PCL's current Pretax Margin % of 14.14% is 43% above median its 10-year median of 9.91. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 12.10. The Hardware industry median Pretax Margin % is 3.58. Nforce Secure PCL's value of 14.14% is 295% above this industry median. Based on the distribution chart, Nforce Secure PCL ranks #510 out of 2477 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nforce Secure PCL has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nforce Secure PCL's Pretax Margin % compare to MSFT and ORCL?
According to the Hardware industry distribution chart, Nforce Secure PCL ranks #510 out of 2477 companies for Pretax Margin %. This places Nforce Secure PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.58. Nforce Secure PCL's value of 14.14% is 295% above this benchmark. Historically, Nforce Secure PCL's own Pretax Margin % has ranged from 4.82 to 12.10 over the past decade. While the company's 10-year median is 9.91 vs. the industry median of 3.58, Nforce Secure 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 a Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,477 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. Nforce Secure PCL's current Pretax Margin % of 14.14% is 295% 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 Nforce Secure PCL and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nforce Secure PCL's current Pretax Margin % is 14.14%, which is 43% above median its own 10-year median of 9.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nforce Secure PCL stock overvalued right now?
Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE) is currently considered Fairly Valued. The stock's GF Value™ is ฿15.00, compared to a current price of ฿14.20 — trading 5.3% below its estimated fair value. The current Pretax Margin % is 14.14%, which is 43% above median its 10-year median of 9.91 and 295% above the Hardware industry median of 3.58. Nforce Secure PCL's overall GF Score™ is 92/100 with 3 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 Nforce Secure PCL (BKK:SECURE), the current Pretax Margin % is 14.14% 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 Nforce Secure PCL (BKK:SECURE) Overvalued in 2026?
Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be undervalued.
The current stock price of ฿14.20 is trading 5.3% below its estimated GF Value™ of ฿15.00.
GuruFocus considers Nforce Secure PCL to be Fairly Valued.
Key valuation signals for BKK:SECURE:
Pretax Margin %: 14.14% (43% above median its 10-year median of 9.91)
GF Value™: ฿15.00 vs. price of ฿14.20 (5.3% below fair value)
Industry Position: 295% above the Hardware median (#510 of 2477)
No single metric tells the full story. See the BKK:SECURE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management, and providing services for business consulting, risk assessment, planning, and training.
92GF Score
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