Hokuriku Electric Power Co (FRA:6HO) Pretax Margin %: -2.76% (As of Mar. 2026)


FRA:6HO Hokuriku Electric Power Co Inc FRA:6HO
64 GF Score
Price €4.84
GF Value €4.34
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Hokuriku Electric Power Co Pretax Margin %?

Hokuriku Electric Power Co FRA:6HO -0.41% 64 Pretax Margin % is -2.76% as of Mar. 2026. GuruFocus rates FRA:6HO with a GF Score™ of 64/100 and a GF Value™ of €4.34 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 501 Utilities - Regulated companies, Hokuriku Electric Power Co ranks worse than 56.89% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hokuriku Electric Power Co's Pre-Tax Income for the three months ended in Mar. 2026 was €-31 Mil. Hokuriku Electric Power Co's Revenue for the three months ended in Mar. 2026 was €1,109 Mil. Therefore, Hokuriku Electric Power Co's pretax margin for the quarter that ended in Mar. 2026 was -2.76%.

The historical rank and industry rank for Hokuriku Electric Power Co's Pretax Margin % or its related term are showing as below:

FRA:6HO' s Pretax Margin % Range Over the Past 10 Years
Min: -11.46   Med: 1.52   Max: 11.21
Current: 9.96


FRA:6HO's Pretax Margin % is ranked worse than
56.89% of 501 companies
in the Utilities - Regulated industry
Industry Median: 12.06 vs FRA:6HO: 9.96

Hokuriku Electric Power Co  (FRA:6HO) 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.


Hokuriku Electric Power Co Pretax Margin % Related Terms


Hokuriku Electric Power Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Hokuriku Electric Power Co'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.

Hokuriku Electric Power Co Pretax Margin % Chart

Hokuriku Electric Power Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -11.46 7.80 11.21 9.96

Hokuriku Electric Power Co 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 4.03 20.00 13.86 9.24 -2.76

FRA:6HO vs NEE, SO, DUK: Pretax Margin % Comparison

For the Utilities - Regulated Electric subindustry, Hokuriku Electric Power Co'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.


Hokuriku Electric Power Co Pretax Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokuriku Electric Power Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hokuriku Electric Power Co's Pretax Margin % falls into.


FRA:6HO
64GF Score
Hokuriku Electric Power Co Inc FRA:6HO
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hokuriku Electric Power Co 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.

Hokuriku Electric Power Co's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=426.998/4287.597
=9.96 %

Hokuriku Electric Power Co'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 )
=-30.559/1108.972
=-2.76 %

* 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 -2.76% mean?
Hokuriku Electric Power Co (FRA:6HO) has a Pretax Margin % of -2.76% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hokuriku Electric Power Co and its competitors. According to the industry distribution chart, Hokuriku Electric Power Co ranks #285 out of 501 companies in the Utilities - Regulated industry, placing it in the top 56.9%.
Is Hokuriku Electric Power Co's Pretax Margin % too high?
Hokuriku Electric Power Co's current Pretax Margin % is -2.76%. Based on the distribution chart, Hokuriku Electric Power Co ranks #285 out of 501 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Hokuriku Electric Power Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electric Power Co's Pretax Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Hokuriku Electric Power Co ranks #285 out of 501 companies for Pretax Margin %. This places Hokuriku Electric Power Co in the lower half of its industry. The industry median Pretax Margin % is 12.06. 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 12.06, 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. 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 Hokuriku Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Electric Power Co's current Pretax Margin % is -2.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electric Power Co (FRA:6HO) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.34, compared to a current price of €4.84 — trading 11.5% above its estimated fair value. The current Pretax Margin % is -2.76%. Hokuriku Electric Power Co's overall GF Score™ is 64/100 with 4 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 Hokuriku Electric Power Co (FRA:6HO), the current Pretax Margin % is -2.76% 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 Hokuriku Electric Power Co (FRA:6HO) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Electric Power Co stock appears to be overvalued. The current stock price of €4.84 is trading 11.5% above its estimated GF Value™ of €4.34. GuruFocus considers Hokuriku Electric Power Co to be Modestly Overvalued.

Key valuation signals for FRA:6HO:

  • Pretax Margin %: -2.76%
  • GF Value™: €4.34 vs. price of €4.84 (11.5% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the FRA:6HO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuriku Electric Power Co Business Description

Other Exchanges 9505:Japan6HO:Germany
Address 15-1 Ushijima-cho, Toyama, JPN, 930-8686
Hokuriku Electric Power Co Inc is an electric utility company that functions as a regulated monopoly in the Hokuriku region of Japan's main island of Honshu. Hokuriku Electric supplies electricity through power generation, transmission, and distribution. To do this, the company operates a portfolio of hydroelectric, thermal, and nuclear power plants located throughout Japan's Hokuriku region. Most of the total energy produced by Hokuriku Electric comes from its thermal facilities that utilize coal fuel sources. The company primarily generates revenue through the sale of electric power to residential and large-scale industrial customers in the machinery, chemical, and textile sectors.
64GF Score

Get the complete analysis for FRA:6HO

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

€4.84
Price
€4.34
GF Value