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.
Adtran Holdings Pretax Margin % Related Terms
Adtran Holdings Pretax Margin % Historical Data
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The historical data trend for Adtran Holdings'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:ATN vs GILT, FEIM, NTGR: Pretax Margin % Comparison
For the Communication Equipment subindustry, Adtran Holdings'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.
Adtran Holdings Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Adtran Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Adtran Holdings'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.
Adtran Holdings (FRA:ATN) has a Pretax Margin % of 1.00% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Adtran Holdings and its competitors. According to the industry distribution chart, Adtran Holdings ranks #1747 out of 2476 companies in the Hardware industry, placing it in the top 70.6%.
Is Adtran Holdings' Pretax Margin % too high?
Adtran Holdings' current Pretax Margin % is 1.00%. The Hardware industry median Pretax Margin % is 3.58. Adtran Holdings' value of 1.00% is 72.1% below this industry median. Based on the distribution chart, Adtran Holdings ranks #1747 out of 2476 companies in the Hardware industry, which is below the industry midpoint. Overall, Adtran Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adtran Holdings' Pretax Margin % compare to GILT and FEIM?
According to the Hardware industry distribution chart, Adtran Holdings ranks #1747 out of 2476 companies for Pretax Margin %. This places Adtran Holdings in the lower half of its industry. The industry median Pretax Margin % is 3.58. Adtran Holdings' value of 1.00% is 72.1% below 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,476 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. Adtran Holdings's current Pretax Margin % of 1.00% is 72.1% 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 Adtran Holdings and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adtran Holdings's current Pretax Margin % is 1.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adtran Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adtran Holdings (FRA:ATN) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.09, compared to a current price of €11.30 — trading 39.7% above its estimated fair value. The current Pretax Margin % is 1.00% and 72.1% below the Hardware industry median of 3.58. Adtran Holdings' overall GF Score™ is 62/100 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 Adtran Holdings (FRA:ATN), the current Pretax Margin % is 1.00% 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 Adtran Holdings (FRA:ATN) Overvalued in 2026?
Based on GuruFocus' analysis, Adtran Holdings stock appears to be overvalued.
The current stock price of €11.30 is trading 39.7% above its estimated GF Value™ of €8.09.
GuruFocus considers Adtran Holdings to be Significantly Overvalued.
Key valuation signals for FRA:ATN:
Pretax Margin %: 1.00%
GF Value™: €8.09 vs. price of €11.30 (39.7% above fair value)
Industry Position: 72.1% below the Hardware median (#1747 of 2476)
No single metric tells the full story. See the FRA:ATN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adtran Holdings Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions segment, which includes hardware and software products that enable a digital future that supports the company's Subscriber, Access & Aggregation, and Optical Networking Solutions; and Services & Support segment, which includes network design, implementation, maintenance and cloud-hosted services supporting the company's Subscriber, Access & Aggregation, and Optical Networking Solutions. It generates the majority of its revenue from the Network Solutions segment.
62GF Score
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