Fernheizwerk Neukoelln AGFRA:FHW 67 Pretax Margin % is 9.66% as of Dec. 2025, which is 56% below its 10-year median of 21.75. GuruFocus rates FRA:FHW with a GF Score™ of 67/100 and a GF Value™ of €26.62 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 422 Utilities - Independent Power Producers companies, Fernheizwerk Neukoelln AG ranks worse than 51.9% on this metric.
Fernheizwerk Neukoelln AG (FRA:FHW) 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.
Fernheizwerk Neukoelln AG Pretax Margin % Related Terms
Fernheizwerk Neukoelln AG Pretax Margin % Historical Data
* 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:FHW vs CEG, VST, NRG: Pretax Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Fernheizwerk Neukoelln AG'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.
Fernheizwerk Neukoelln AG Pretax Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fernheizwerk Neukoelln AG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Fernheizwerk Neukoelln AG'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.
Fernheizwerk Neukoelln AG (FRA:FHW) has a Pretax Margin % of 9.66% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fernheizwerk Neukoelln AG and its competitors. This is 56% below median its historical median of 21.75. According to the industry distribution chart, Fernheizwerk Neukoelln AG ranks #219 out of 422 companies in the Utilities - Independent Power Producers industry, placing it in the top 51.9%.
Is Fernheizwerk Neukoelln AG's Pretax Margin % too high?
Fernheizwerk Neukoelln AG's current Pretax Margin % of 9.66% is 56% below median its 10-year median of 21.75. The Utilities - Independent Power Producers industry median Pretax Margin % is 8.66. Fernheizwerk Neukoelln AG's value of 9.66% is 11.6% above this industry median. Based on the distribution chart, Fernheizwerk Neukoelln AG ranks #219 out of 422 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Fernheizwerk Neukoelln AG has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fernheizwerk Neukoelln AG's Pretax Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Fernheizwerk Neukoelln AG ranks #219 out of 422 companies for Pretax Margin %. This places Fernheizwerk Neukoelln AG in the lower half of its industry. The industry median Pretax Margin % is 8.66. Fernheizwerk Neukoelln AG's value of 9.66% is 11.6% above this benchmark. While the company's 10-year median is 21.75 vs. the industry median of 8.66, Fernheizwerk Neukoelln AG 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 Utilities - Independent Power Producers company?
The median Pretax Margin % among Utilities - Independent Power Producers companies is 8.66, based on 422 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. Fernheizwerk Neukoelln AG's current Pretax Margin % of 9.66% is 11.6% 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 Fernheizwerk Neukoelln AG and its competitors. For the Utilities - Independent Power Producers industry, the median Pretax Margin % is 8.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fernheizwerk Neukoelln AG's current Pretax Margin % is 9.66%, which is 56% below median its own 10-year median of 21.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fernheizwerk Neukoelln AG stock overvalued right now?
Based on GuruFocus' analysis, Fernheizwerk Neukoelln AG (FRA:FHW) is currently considered Significantly Undervalued. The stock's GF Value™ is €26.62, compared to a current price of €18.60 — trading 30.1% below its estimated fair value. The current Pretax Margin % is 9.66%, which is 56% below median its 10-year median of 21.75 and 11.6% above the Utilities - Independent Power Producers industry median of 8.66. Fernheizwerk Neukoelln AG's overall GF Score™ is 67/100 with 7 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 Fernheizwerk Neukoelln AG (FRA:FHW), the current Pretax Margin % is 9.66% 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.
Is Fernheizwerk Neukoelln AG (FRA:FHW) Overvalued in 2026?
Based on GuruFocus' analysis, Fernheizwerk Neukoelln AG stock appears to be undervalued.
The current stock price of €18.60 is trading 30.1% below its estimated GF Value™ of €26.62.
GuruFocus considers Fernheizwerk Neukoelln AG to be Significantly Undervalued.
Key valuation signals for FRA:FHW:
Pretax Margin %: 9.66% (56% below median its 10-year median of 21.75)
GF Value™: €26.62 vs. price of €18.60 (30.1% below fair value)
Industry Position: 11.6% above the Utilities - Independent Power Producers median (#219 of 422)
No single metric tells the full story. See the FRA:FHW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fernheizwerk Neukoelln AG is a German company which offers heating services to the city of Berlin. The company operates a grid of steam and hot water pipes throughout the city.
67GF Score
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