ITM PowerFRA:IJ8 +0.07%77 Pretax Margin % is -78.14% as of Oct. 2025. GuruFocus rates FRA:IJ8 with a GF Score™ of 77/100 and a GF Value™ of €2.17 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 3,025 Industrial Products companies, ITM Power ranks worse than 95.8% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ITM Power's Pre-Tax Income for the
six
months ended in Oct. 2025 was €-16.15 Mil. ITM Power's Revenue for the
six
months ended in Oct. 2025 was €20.67 Mil. Therefore, ITM Power's pretax margin for the quarter that ended in Oct. 2025 was -78.14%.
The historical rank and industry rank for ITM Power's Pretax Margin % or its related term are showing as below:
FRA:IJ8'
s Pretax Margin % Range Over the Past 10 Years
Min: -1934.77 Med: -214.45 Max: -107.44
Current: -107.44
FRA:IJ8's Pretax Margin % is ranked worse than 95.8% of 3025
companies
in the Industrial Products industry
Industry Median: 5.82
vs FRA:IJ8: -107.44
ITM Power (FRA:IJ8) 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.
ITM Power Pretax Margin % Related Terms
ITM Power Pretax Margin % Historical Data
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The historical data trend for ITM Power'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:IJ8 vs GEV, ETN, PH: Pretax Margin % Comparison
For the Specialty Industrial Machinery subindustry, ITM Power'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.
ITM Power Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ITM Power's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where ITM Power'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.
ITM Power (FRA:IJ8) has a Pretax Margin % of -78.14% as of Oct. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ITM Power and its competitors. According to the industry distribution chart, ITM Power ranks #2898 out of 3025 companies in the Industrial Products industry, placing it in the top 95.8%.
Is ITM Power's Pretax Margin % too high?
ITM Power's current Pretax Margin % is -78.14%. Based on the distribution chart, ITM Power ranks #2898 out of 3025 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, ITM Power has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Pretax Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITM Power ranks #2898 out of 3025 companies for Pretax Margin %. This places ITM Power in the lower half of its industry. The industry median Pretax Margin % is 5.82. 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 Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.82, based on 3,025 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 ITM Power and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITM Power's current Pretax Margin % is -78.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (FRA:IJ8) is currently considered Possible Value Trap. The stock's GF Value™ is €2.17, compared to a current price of €1.45 — trading 33.1% below its estimated fair value. The current Pretax Margin % is -78.14%. ITM Power's overall GF Score™ is 77/100 with 1 warning sign 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 ITM Power (FRA:IJ8), the current Pretax Margin % is -78.14% as of Oct. 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 ITM Power (FRA:IJ8) Overvalued in 2026?
Based on GuruFocus' analysis, ITM Power stock appears to be undervalued.
The current stock price of €1.45 is trading 33.1% below its estimated GF Value™ of €2.17.
GuruFocus considers ITM Power to be Possible Value Trap.
Key valuation signals for FRA:IJ8:
Pretax Margin %: -78.14%
GF Value™: €2.17 vs. price of €1.45 (33.1% below fair value)
No single metric tells the full story. See the FRA:IJ8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
77GF Score
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