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.
Elemental Royalty Pretax Margin % Related Terms
Elemental Royalty Pretax Margin % Historical Data
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The historical data trend for Elemental Royalty'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.
For the Other Precious Metals & Mining subindustry, Elemental Royalty'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.
Elemental Royalty Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Elemental Royalty's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Elemental Royalty'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.
Elemental Royalty (ELE) has a Pretax Margin % of 17.08% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Elemental Royalty and its competitors. According to the industry distribution chart, Elemental Royalty ranks #336 out of 843 companies in the Metals & Mining industry, placing it in the top 39.9%.
Is Elemental Royalty's Pretax Margin % too high?
Elemental Royalty's current Pretax Margin % is 17.08%. The Metals & Mining industry median Pretax Margin % is 4.83. Elemental Royalty's value of 17.08% is 253.6% above this industry median. Based on the distribution chart, Elemental Royalty ranks #336 out of 843 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Elemental Royalty has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elemental Royalty's Pretax Margin % compare to HL?
According to the Metals & Mining industry distribution chart, Elemental Royalty ranks #336 out of 843 companies for Pretax Margin %. This puts Elemental Royalty in the upper half of its industry. The industry median Pretax Margin % is 4.83. Elemental Royalty's value of 17.08% is 253.6% above this benchmark. 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 Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.83, based on 843 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. Elemental Royalty's current Pretax Margin % of 17.08% is 253.6% 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 Elemental Royalty and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elemental Royalty's current Pretax Margin % is 17.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elemental Royalty stock overvalued right now?
Based on GuruFocus' analysis, Elemental Royalty (ELE) is currently considered Fairly Valued. The stock's GF Value™ is $16.24, compared to a current price of $16.27 — trading 0.2% above its estimated fair value. The current Pretax Margin % is 17.08% and 253.6% above the Metals & Mining industry median of 4.83. Elemental Royalty's overall GF Score™ is 65/100 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 Elemental Royalty (ELE), the current Pretax Margin % is 17.08% 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 Elemental Royalty (ELE) Overvalued in 2026?
Based on GuruFocus' analysis, Elemental Royalty stock appears to be overvalued.
The current stock price of $16.27 is trading 0.2% above its estimated GF Value™ of $16.24.
GuruFocus considers Elemental Royalty to be Fairly Valued.
Key valuation signals for ELE:
Pretax Margin %: 17.08%
GF Value™: $16.24 vs. price of $16.27 (0.2% above fair value)
Industry Position: 253.6% above the Metals & Mining median (#336 of 843)
No single metric tells the full story. See the ELE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elemental Royalty Corp is engaged in exploration discovery, royalty generation, royalty acquisition, and strategic investments. It is the result of the strategic merger of Elemental Altus Royalties and EMX Royalty Corporation together creating a mid-tier gold-focused royalty company with the scale, diversification, and cash flow. Geographically, the company generates revenue from North America, South America, Europe, Australia and Africa.
65GF Score
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