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Kandal M VentureFMFC -1.00%21 Pretax Margin % is 2.82% as of Sep. 2025, which is 56% below its 10-year median of 6.35. GuruFocus rates FMFC with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Kandal M Venture ranks worse than 76.9% on this metric.
Kandal M Venture (NAS:FMFC) 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.
Kandal M Venture Pretax Margin % Related Terms
Kandal M Venture Pretax Margin % Historical Data
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The historical data trend for Kandal M Venture'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.
FMFC vs AREB, NKE, DECK: Pretax Margin % Comparison
For the Footwear & Accessories subindustry, Kandal M Venture'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.
Kandal M Venture Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kandal M Venture's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kandal M Venture'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.
Kandal M Venture (FMFC) has a Pretax Margin % of 2.82% as of Sep. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kandal M Venture and its competitors. This is 56% below median its historical median of 6.35. According to the industry distribution chart, Kandal M Venture ranks #799 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 76.9%.
Is Kandal M Venture's Pretax Margin % too high?
Kandal M Venture's current Pretax Margin % of 2.82% is 56% below median its 10-year median of 6.35. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.52. Kandal M Venture's value of 2.82% is 19.9% below this industry median. Based on the distribution chart, Kandal M Venture ranks #799 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Kandal M Venture has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Kandal M Venture's Pretax Margin % compare to AREB and NKE?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kandal M Venture ranks #799 out of 1039 companies for Pretax Margin %. This places Kandal M Venture in the lower half of its industry. The industry median Pretax Margin % is 3.52. Kandal M Venture's value of 2.82% is 19.9% below this benchmark. While the company's 10-year median is 6.35 vs. the industry median of 3.52, Kandal M Venture has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.52, based on 1,039 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. Kandal M Venture's current Pretax Margin % of 2.82% is 19.9% below 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 Kandal M Venture and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kandal M Venture's current Pretax Margin % is 2.82%, which is 56% below median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kandal M Venture stock overvalued right now?
Kandal M Venture (FMFC) has a current Pretax Margin % of 2.82%. The current Pretax Margin % is 2.82%, which is 56% below median its 10-year median of 6.35 and 19.9% below the Manufacturing - Apparel & Accessories industry median of 3.52. Kandal M Venture's overall GF Score™ is 21/100 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 Kandal M Venture (FMFC), the current Pretax Margin % is 2.82% as of Sep. 2025. 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.
Kandal M Venture Ltd is engaged in manufacturing affordable luxury leather goods. The company manufactures handbags, such as shoulder bags, crossbody bags, tote bags, backpacks, top-handle handbags, satchels, and other smaller leather goods, such as wallets. Geographically, the company derives maximum revenue from the United States, and it also has its presence in Europe, Canada, Japan, and Other countries.
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