E SplitFRA:784 +2.56%31 Pretax Margin % is 99.13% as of Dec. 2025, which is 0% above its 10-year median of 98.99. GuruFocus rates FRA:784 with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 1,572 Asset Management companies, E Split ranks better than 70.74% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. E Split's Pre-Tax Income for the
six
months ended in Dec. 2025 was €30.51 Mil. E Split's Revenue for the
six
months ended in Dec. 2025 was €30.78 Mil. Therefore, E Split's pretax margin for the quarter that ended in Dec. 2025 was 99.13%.
The historical rank and industry rank for E Split's Pretax Margin % or its related term are showing as below:
FRA:784'
s Pretax Margin % Range Over the Past 10 Years
Min: 97.72 Med: 98.99 Max: 111.6
Current: 98.49
FRA:784's Pretax Margin % is ranked better than 70.74% of 1572
companies
in the Asset Management industry
Industry Median: 89.62
vs FRA:784: 98.49
E Split (FRA:784) 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.
E Split Pretax Margin % Related Terms
E Split Pretax Margin % Historical Data
* Premium members only.
The historical data trend for E Split'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:784 vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, E Split'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.
E Split Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, E Split's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where E Split'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.
E Split (FRA:784) has a Pretax Margin % of 99.13% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on E Split and its competitors. This is near median its historical median of 98.99. Over the past decade, E Split's Pretax Margin % has ranged from 97.72 to 111.60. According to the industry distribution chart, E Split ranks #460 out of 1572 companies in the Asset Management industry, placing it in the top 29.3%.
Is E Split's Pretax Margin % too high?
E Split's current Pretax Margin % of 99.13% is near median its 10-year median of 98.99. Over the past 10 years, this metric has ranged from a low of 97.72 to a high of 111.60. The Asset Management industry median Pretax Margin % is 89.62. E Split's value of 99.13% is 10.6% above this industry median. Based on the distribution chart, E Split ranks #460 out of 1572 companies in the Asset Management industry, which is above the industry midpoint. Overall, E Split has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does E Split's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, E Split ranks #460 out of 1572 companies for Pretax Margin %. This puts E Split in the upper half of its industry. The industry median Pretax Margin % is 89.62. E Split's value of 99.13% is 10.6% above this benchmark. Historically, E Split's own Pretax Margin % has ranged from 97.72 to 111.60 over the past decade. While the company's 10-year median is 98.99 vs. the industry median of 89.62, E Split 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, based on 1,572 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. E Split's current Pretax Margin % of 99.13% is 10.6% 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 E Split and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E Split's current Pretax Margin % is 99.13%, which is near median its own 10-year median of 98.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Split stock overvalued right now?
E Split (FRA:784) has a current Pretax Margin % of 99.13%. The current Pretax Margin % is 99.13%, which is near median its 10-year median of 98.99 and 10.6% above the Asset Management industry median of 89.62. E Split's overall GF Score™ is 31/100 with 6 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 E Split (FRA:784), the current Pretax Margin % is 99.13% as of Dec. 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.
E Split Corp is a mutual fund company. The company has a portfolio comprised of common shares of Enbridge, a North American oil and gas pipeline, gas processing, and natural gas distribution company. Its investment objectives for the Preferred Shares are to provide holders with fixed cumulative preferential quarterly cash distributions, and for Class A Shares, to give the holders non-cumulative monthly cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the Portfolio.
31GF Score
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