Bavarian Nordic AS (CHIX:BAVAC) Pretax Margin %: 2.20% (As of Mar. 2026) — 77% Below Median


CHIX:BAVAC Bavarian Nordic AS CHIX:BAVAC
84 GF Score
Price kr188.30
GF Value kr174.21
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Bavarian Nordic AS Pretax Margin %?

Bavarian Nordic AS CHIX:BAVAC 84 Pretax Margin % is 2.20% as of Mar. 2026, which is 77% below its 10-year median of 9.58. GuruFocus rates CHIX:BAVAC with a GF Score™ of 84/100 and a GF Value™ of kr174.21 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 946 Biotechnology companies, Bavarian Nordic AS ranks better than 89.43% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bavarian Nordic AS's Pre-Tax Income for the three months ended in Mar. 2026 was kr23 Mil. Bavarian Nordic AS's Revenue for the three months ended in Mar. 2026 was kr1,058 Mil. Therefore, Bavarian Nordic AS's pretax margin for the quarter that ended in Mar. 2026 was 2.20%.

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

CHIX:BAVAc' s Pretax Margin % Range Over the Past 10 Years
Min: -71.24   Med: 9.58   Max: 28.84
Current: 26.78


CHIX:BAVAc's Pretax Margin % is ranked better than
89.43% of 946 companies
in the Biotechnology industry
Industry Median: -90.5 vs CHIX:BAVAc: 26.78

Bavarian Nordic AS  (CHIX:BAVAc) 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.


Bavarian Nordic AS Pretax Margin % Related Terms


Bavarian Nordic AS Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Bavarian Nordic AS'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.

Bavarian Nordic AS Pretax Margin % Chart

Bavarian Nordic AS 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 -23.94 -10.52 21.00 16.99 28.84

Bavarian Nordic AS 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 17.05 22.61 65.18 1.94 2.20

CHIX:BAVAC vs VRTX, REGN, ALNY: Pretax Margin % Comparison

For the Biotechnology subindustry, Bavarian Nordic AS'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.


Bavarian Nordic AS Pretax Margin % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bavarian Nordic AS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Bavarian Nordic AS's Pretax Margin % falls into.


CHIX:BAVAC
84GF Score
Bavarian Nordic AS CHIX:BAVAC
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bavarian Nordic AS 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.

Bavarian Nordic AS'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 )
=1800.955/6243.956
=28.84 %

Bavarian Nordic AS'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 )
=23.318/1057.845
=2.20 %

* 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 2.20% mean?
Bavarian Nordic AS (CHIX:BAVAC) has a Pretax Margin % of 2.20% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Bavarian Nordic AS and its competitors. This is 77% below median its historical median of 9.58. According to the industry distribution chart, Bavarian Nordic AS ranks #100 out of 946 companies in the Biotechnology industry, placing it in the top 10.6%.
Is Bavarian Nordic AS's Pretax Margin % too high?
Bavarian Nordic AS's current Pretax Margin % of 2.20% is 77% below median its 10-year median of 9.58. Based on the distribution chart, Bavarian Nordic AS ranks #100 out of 946 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Bavarian Nordic AS has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bavarian Nordic AS's Pretax Margin % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Bavarian Nordic AS ranks #100 out of 946 companies for Pretax Margin %. This places Bavarian Nordic AS in the top 11% of its industry — outperforming the majority of peers. 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 Biotechnology company?
A good Pretax Margin % depends on the Biotechnology industry context. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Bavarian Nordic AS and its competitors. Bavarian Nordic AS's current Pretax Margin % is 2.20%, which is 77% below median its own 10-year median of 9.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bavarian Nordic AS stock overvalued right now?
Based on GuruFocus' analysis, Bavarian Nordic AS (CHIX:BAVAC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr174.21, compared to a current price of kr188.30 — trading 8.1% above its estimated fair value. The current Pretax Margin % is 2.20%, which is 77% below median its 10-year median of 9.58. Bavarian Nordic AS's overall GF Score™ is 84/100 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 Bavarian Nordic AS (CHIX:BAVAC), the current Pretax Margin % is 2.20% 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 Bavarian Nordic AS (CHIX:BAVAC) Overvalued in 2026?

Based on GuruFocus' analysis, Bavarian Nordic AS stock appears to be overvalued. The current stock price of kr188.30 is trading 8.1% above its estimated GF Value™ of kr174.21. GuruFocus considers Bavarian Nordic AS to be Modestly Overvalued.

Key valuation signals for CHIX:BAVAC:

  • Pretax Margin %: 2.20% (77% below median its 10-year median of 9.58)
  • GF Value™: kr174.21 vs. price of kr188.30 (8.1% above fair value)
  • GF Score™: 84/100 with 2 warning signs

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


Bavarian Nordic AS Business Description

Address Philip Heymans Alle 3, Hellerup, DNK, 2900
Bavarian Nordic AS is a biotechnology company focused on the research, development, manufacturing, and commercialization of life-saving vaccines. The group is a supplier of mpox and smallpox vaccines to governments to enhance public health preparedness and has a portfolio of travel vaccines. The vast majority of the company's revenue is generated in the United States, Germany, and other geographic markets. Its products include Encepur, Jynneos, Rabipur, Vaxchora, VIMKUNYA and Vivotif.
84GF Score

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

kr188.30
Price
kr174.21
GF Value