Kokusai ElectricFRA:69B 32 Pretax Margin % is 14.78% as of Mar. 2026, which is 30% below its 10-year median of 21.26. GuruFocus rates FRA:69B with a GF Score™ of 32/100 and a GF Value™ of €22.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,021 Semiconductors companies, Kokusai Electric ranks better than 76.3% on this metric.
The historical rank and industry rank for Kokusai Electric's Pretax Margin % or its related term are showing as below:
FRA:69B'
s Pretax Margin % Range Over the Past 10 Years
Min: 16.46 Med: 21.26 Max: 28.22
Current: 17.33
FRA:69B's Pretax Margin % is ranked better than 76.3% of 1021
companies
in the Semiconductors industry
Industry Median: 5.07
vs FRA:69B: 17.33
Kokusai Electric (FRA:69B) 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.
Kokusai Electric Pretax Margin % Related Terms
Kokusai Electric Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Kokusai Electric'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.
FRA:69B vs AMAT, LRCX, KLAC: Pretax Margin % Comparison
For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.
Kokusai Electric Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Kokusai Electric's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kokusai Electric'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.
Kokusai Electric (FRA:69B) has a Pretax Margin % of 14.78% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kokusai Electric and its competitors. This is 30% below median its historical median of 21.26. Over the past decade, Kokusai Electric's Pretax Margin % has ranged from 16.46 to 28.22. According to the industry distribution chart, Kokusai Electric ranks #242 out of 1021 companies in the Semiconductors industry, placing it in the top 23.7%.
Is Kokusai Electric's Pretax Margin % too high?
Kokusai Electric's current Pretax Margin % of 14.78% is 30% below median its 10-year median of 21.26. Over the past 10 years, this metric has ranged from a low of 16.46 to a high of 28.22. The Semiconductors industry median Pretax Margin % is 5.07. Kokusai Electric's value of 14.78% is 191.5% above this industry median. Based on the distribution chart, Kokusai Electric ranks #242 out of 1021 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Kokusai Electric has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokusai Electric's Pretax Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Kokusai Electric ranks #242 out of 1021 companies for Pretax Margin %. This places Kokusai Electric in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.07. Kokusai Electric's value of 14.78% is 191.5% above this benchmark. Historically, Kokusai Electric's own Pretax Margin % has ranged from 16.46 to 28.22 over the past decade. While the company's 10-year median is 21.26 vs. the industry median of 5.07, Kokusai Electric 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.07, based on 1,021 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. Kokusai Electric's current Pretax Margin % of 14.78% is 191.5% 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 Kokusai Electric and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kokusai Electric's current Pretax Margin % is 14.78%, which is 30% below median its own 10-year median of 21.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokusai Electric stock overvalued right now?
Based on GuruFocus' analysis, Kokusai Electric (FRA:69B) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.42, compared to a current price of €53.50 — trading 138.6% above its estimated fair value. The current Pretax Margin % is 14.78%, which is 30% below median its 10-year median of 21.26 and 191.5% above the Semiconductors industry median of 5.07. Kokusai Electric's overall GF Score™ is 32/100 with 5 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 Kokusai Electric (FRA:69B), the current Pretax Margin % is 14.78% 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 Kokusai Electric (FRA:69B) Overvalued in 2026?
Based on GuruFocus' analysis, Kokusai Electric stock appears to be overvalued.
The current stock price of €53.50 is trading 138.6% above its estimated GF Value™ of €22.42.
GuruFocus considers Kokusai Electric to be Significantly Overvalued.
Key valuation signals for FRA:69B:
Pretax Margin %: 14.78% (30% below median its 10-year median of 21.26)
GF Value™: €22.42 vs. price of €53.50 (138.6% above fair value)
Industry Position: 191.5% above the Semiconductors median (#242 of 1021)
No single metric tells the full story. See the FRA:69B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kokusai Electric Corp is engaged in the semiconductor manufacturing equipment business. The company operates as a single business segment focused on the development, manufacture, and supply of semiconductor production equipment used in the fabrication of electronic components. The main products include batch film deposition equipment, treatment equipment for film quality improvement, units for measuring instruments and cleaning equipment, and others.
32GF Score
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