CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Pretax Margin %: 20.01% (As of Mar. 2026) — Near Median


BSP:CGAS5 CIA de Gas de Sao Paulo - COMGAS BSP:CGAS5
62 GF Score
Price R$123.94
GF Value R$86.52
Valuation Significantly Overvalued
! 7 Warning Signs
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What is CIA de Gas deo Paulo - COMGAS Pretax Margin %?

CIA de Gas deo Paulo - COMGAS BSP:CGAS5 +0.76% 62 Pretax Margin % is 20.01% as of Mar. 2026, which is 7% above its 10-year median of 18.74. GuruFocus rates BSP:CGAS5 with a GF Score™ of 62/100 and a GF Value™ of R$86.52 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 501 Utilities - Regulated companies, CIA de Gas deo Paulo - COMGAS ranks better than 74.65% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CIA de Gas deo Paulo - COMGAS's Pre-Tax Income for the three months ended in Mar. 2026 was R$422 Mil. CIA de Gas deo Paulo - COMGAS's Revenue for the three months ended in Mar. 2026 was R$2,106 Mil. Therefore, CIA de Gas deo Paulo - COMGAS's pretax margin for the quarter that ended in Mar. 2026 was 20.01%.

The historical rank and industry rank for CIA de Gas deo Paulo - COMGAS's Pretax Margin % or its related term are showing as below:

BSP:CGAS5' s Pretax Margin % Range Over the Past 10 Years
Min: 12.43   Med: 18.74   Max: 28.1
Current: 19.49


BSP:CGAS5's Pretax Margin % is ranked better than
74.65% of 501 companies
in the Utilities - Regulated industry
Industry Median: 12.07 vs BSP:CGAS5: 19.49

CIA de Gas deo Paulo - COMGAS  (BSP:CGAS5) 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.


CIA de Gas deo Paulo - COMGAS Pretax Margin % Related Terms


CIA de Gas deo Paulo - COMGAS Pretax Margin % Historical Data

* Premium members only.

The historical data trend for CIA de Gas deo Paulo - COMGAS'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.

CIA de Gas deo Paulo - COMGAS Pretax Margin % Chart

CIA de Gas deo Paulo - COMGAS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.42 12.43 14.11 17.06 18.06

CIA de Gas deo Paulo - COMGAS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.33 17.94 20.83 19.36 20.01

BSP:CGAS5 vs ATO, NI, UGI: Pretax Margin % Comparison

For the Utilities - Regulated Gas subindustry, CIA de Gas deo Paulo - COMGAS'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.


CIA de Gas deo Paulo - COMGAS Pretax Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA de Gas deo Paulo - COMGAS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CIA de Gas deo Paulo - COMGAS's Pretax Margin % falls into.


BSP:CGAS5
62GF Score
CIA de Gas de Sao Paulo - COMGAS BSP:CGAS5
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CIA de Gas deo Paulo - COMGAS 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.

CIA de Gas deo Paulo - COMGAS's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2092.624/11589.616
=18.06 %

CIA de Gas deo Paulo - COMGAS's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=421.522/2106.329
=20.01 %

* 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 20.01% mean?
CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) has a Pretax Margin % of 20.01% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CIA de Gas deo Paulo - COMGAS and its competitors. This is near median its historical median of 18.74. Over the past decade, CIA de Gas deo Paulo - COMGAS's Pretax Margin % has ranged from 12.43 to 28.10. According to the industry distribution chart, CIA de Gas deo Paulo - COMGAS ranks #127 out of 501 companies in the Utilities - Regulated industry, placing it in the top 25.3%.
Is CIA de Gas deo Paulo - COMGAS's Pretax Margin % too high?
CIA de Gas deo Paulo - COMGAS's current Pretax Margin % of 20.01% is near median its 10-year median of 18.74. Over the past 10 years, this metric has ranged from a low of 12.43 to a high of 28.10. The Utilities - Regulated industry median Pretax Margin % is 12.07. CIA de Gas deo Paulo - COMGAS's value of 20.01% is 65.8% above this industry median. Based on the distribution chart, CIA de Gas deo Paulo - COMGAS ranks #127 out of 501 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, CIA de Gas deo Paulo - COMGAS has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Gas deo Paulo - COMGAS's Pretax Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, CIA de Gas deo Paulo - COMGAS ranks #127 out of 501 companies for Pretax Margin %. This puts CIA de Gas deo Paulo - COMGAS in the upper half of its industry. The industry median Pretax Margin % is 12.07. CIA de Gas deo Paulo - COMGAS's value of 20.01% is 65.8% above this benchmark. Historically, CIA de Gas deo Paulo - COMGAS's own Pretax Margin % has ranged from 12.43 to 28.10 over the past decade. While the company's 10-year median is 18.74 vs. the industry median of 12.07, CIA de Gas deo Paulo - COMGAS 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 Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.07, based on 501 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. CIA de Gas deo Paulo - COMGAS's current Pretax Margin % of 20.01% is 65.8% 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 CIA de Gas deo Paulo - COMGAS and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA de Gas deo Paulo - COMGAS's current Pretax Margin % is 20.01%, which is near median its own 10-year median of 18.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Gas deo Paulo - COMGAS stock overvalued right now?
Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) is currently considered Significantly Overvalued. The stock's GF Value™ is R$86.52, compared to a current price of R$123.94 — trading 43.3% above its estimated fair value. The current Pretax Margin % is 20.01%, which is near median its 10-year median of 18.74 and 65.8% above the Utilities - Regulated industry median of 12.07. CIA de Gas deo Paulo - COMGAS's overall GF Score™ is 62/100 with 7 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS5), the current Pretax Margin % is 20.01% 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Overvalued in 2026?

Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS stock appears to be overvalued. The current stock price of R$123.94 is trading 43.3% above its estimated GF Value™ of R$86.52. GuruFocus considers CIA de Gas deo Paulo - COMGAS to be Significantly Overvalued.

Key valuation signals for BSP:CGAS5:

  • Pretax Margin %: 20.01% (near median its 10-year median of 18.74)
  • GF Value™: R$86.52 vs. price of R$123.94 (43.3% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 65.8% above the Utilities - Regulated median (#127 of 501)

No single metric tells the full story. See the BSP:CGAS5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIA de Gas deo Paulo - COMGAS Business Description

Other Exchanges CGAS3:Brazil
Address Brigadeiro Faria Lima Avenue, 4,100, 4th floor, Itaim Bibi, SP, BRA, 04538-132
CIA de Gas de Sao Paulo - COMGAS distributes piped natural gas in part of the State of Sao Paulo for consumers in the industrial, residential, commercial, automotive, thermal generation and cogeneration sectors.
62GF Score

Get the complete analysis for BSP:CGAS5

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$123.94
Price
R$86.52
GF Value