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.
Vistance Networks Pretax Margin % Related Terms
Vistance Networks Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Vistance Networks'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:CM9 vs DGII, HLIT, ONDS: Pretax Margin % Comparison
For the Communication Equipment subindustry, Vistance Networks'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.
Vistance Networks Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Vistance Networks's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Vistance Networks'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.
Vistance Networks (FRA:CM9) has a Pretax Margin % of 9.86% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Vistance Networks and its competitors. According to the industry distribution chart, Vistance Networks ranks #555 out of 2476 companies in the Hardware industry, placing it in the top 22.4%.
Is Vistance Networks' Pretax Margin % too high?
Vistance Networks' current Pretax Margin % is 9.86%. The Hardware industry median Pretax Margin % is 3.58. Vistance Networks' value of 9.86% is 175.4% above this industry median. Based on the distribution chart, Vistance Networks ranks #555 out of 2476 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Vistance Networks has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vistance Networks' Pretax Margin % compare to DGII and HLIT?
According to the Hardware industry distribution chart, Vistance Networks ranks #555 out of 2476 companies for Pretax Margin %. This places Vistance Networks in the top 22% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.58. Vistance Networks' value of 9.86% is 175.4% above 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. Vistance Networks's current Pretax Margin % of 9.86% is 175.4% 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 Vistance Networks 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. Vistance Networks's current Pretax Margin % is 9.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vistance Networks stock overvalued right now?
Based on GuruFocus' analysis, Vistance Networks (FRA:CM9) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.65, compared to a current price of €10.99 — trading 314.7% above its estimated fair value. The current Pretax Margin % is 9.86% and 175.4% above the Hardware industry median of 3.58. Vistance Networks' overall GF Score™ is 52/100 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 Vistance Networks (FRA:CM9), the current Pretax Margin % is 9.86% 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 Vistance Networks (FRA:CM9) Overvalued in 2026?
Based on GuruFocus' analysis, Vistance Networks stock appears to be overvalued.
The current stock price of €10.99 is trading 314.7% above its estimated GF Value™ of €2.65.
GuruFocus considers Vistance Networks to be Significantly Overvalued.
Key valuation signals for FRA:CM9:
Pretax Margin %: 9.86%
GF Value™: €2.65 vs. price of €10.99 (314.7% above fair value)
Industry Position: 175.4% above the Hardware median (#555 of 2476)
No single metric tells the full story. See the FRA:CM9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vistance Networks Inc operates in the communications technology sector, providing solutions designed to support the delivery and management of communications services. It serves customers globally through teams involved in product development, implementation, and customer support. The company designs and develops network infrastructure and connectivity solutions focused on reliability and performance. Its offerings include intelligent networking technologies intended to support evolving communication requirements.
52GF Score
Get the complete analysis for FRA:CM9
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:CM9 has been successfully added to your 
