Traction ABFRA:J2R +0.48%43 Pretax Margin % is 105.19% as of Mar. 2026, which is 8% above its 10-year median of 97.49. GuruFocus rates FRA:J2R with a GF Score™ of 43/100 and a GF Value™ of €4.62. The stock has 4 warning signs investors should review. Among 1,576 Asset Management companies, Traction AB ranks worse than 61.36% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Traction AB's Pre-Tax Income for the
three
months ended in Mar. 2026 was €-9.60 Mil. Traction AB's Revenue for the
three
months ended in Mar. 2026 was €-9.13 Mil. Therefore, Traction AB's pretax margin for the quarter that ended in Mar. 2026 was 105.19%.
The historical rank and industry rank for Traction AB's Pretax Margin % or its related term are showing as below:
FRA:J2R'
s Pretax Margin % Range Over the Past 10 Years
Min: 66.53 Med: 97.49 Max: 243.42
Current: 66.53
FRA:J2R's Pretax Margin % is ranked worse than 61.36% of 1576
companies
in the Asset Management industry
Industry Median: 89.475
vs FRA:J2R: 66.53
Traction AB (FRA:J2R) 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.
Traction AB Pretax Margin % Related Terms
Traction AB Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Traction AB'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:J2R vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Traction AB'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.
Traction AB Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Traction AB's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Traction AB'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.
Traction AB (FRA:J2R) has a Pretax Margin % of 105.19% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Traction AB and its competitors. This is near median its historical median of 97.49. Over the past decade, Traction AB's Pretax Margin % has ranged from 66.53 to 243.42. According to the industry distribution chart, Traction AB ranks #967 out of 1576 companies in the Asset Management industry, placing it in the top 61.4%.
Is Traction AB's Pretax Margin % too high?
Traction AB's current Pretax Margin % of 105.19% is near median its 10-year median of 97.49. Over the past 10 years, this metric has ranged from a low of 66.53 to a high of 243.42. The Asset Management industry median Pretax Margin % is 89.48. Traction AB's value of 105.19% is 17.6% above this industry median. Based on the distribution chart, Traction AB ranks #967 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. Overall, Traction AB has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Traction AB's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Traction AB ranks #967 out of 1576 companies for Pretax Margin %. This places Traction AB in the lower half of its industry. The industry median Pretax Margin % is 89.48. Traction AB's value of 105.19% is 17.6% above this benchmark. Historically, Traction AB's own Pretax Margin % has ranged from 66.53 to 243.42 over the past decade. While the company's 10-year median is 97.49 vs. the industry median of 89.48, Traction AB 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 89.48, based on 1,576 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. Traction AB's current Pretax Margin % of 105.19% is 17.6% 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 Traction AB and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Traction AB's current Pretax Margin % is 105.19%, which is near median its own 10-year median of 97.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Traction AB stock overvalued right now?
Traction AB (FRA:J2R) has a current Pretax Margin % of 105.19%. The stock's GF Value™ is €4.62, compared to a current price of €20.90 — trading 352.4% above its estimated fair value. The current Pretax Margin % is 105.19%, which is near median its 10-year median of 97.49 and 17.6% above the Asset Management industry median of 89.48. Traction AB's overall GF Score™ is 43/100 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 Traction AB (FRA:J2R), the current Pretax Margin % is 105.19% 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 Traction AB (FRA:J2R) Overvalued in 2026?
Based on GuruFocus' analysis, Traction AB stock appears to be overvalued.
The current stock price of €20.90 is trading 352.4% above its estimated GF Value™ of €4.62.
Key valuation signals for FRA:J2R:
Pretax Margin %: 105.19% (near median its 10-year median of 97.49)
GF Value™: €4.62 vs. price of €20.90 (352.4% above fair value)
Industry Position: 17.6% above the Asset Management median (#967 of 1576)
No single metric tells the full story. See the FRA:J2R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Traction AB is a Sweden-based investment company engaged in the long-term business development of wholly and partially owned companies. Its core objective is to realize a good return on capital. Its activities are divided into three business divisions: Customer relationships, providing customer-focused business models; Capital flows, offering cost control; and Risk management, including sharing and reducing risk factors. Traction AB invests in listed active holdings, such as BE Group, Drillcon, Duroc, Hifab Group, Nordic Camping and Resort, OEM International, PartnerTech, Softronic, and SwitchCore, as well as in unlisted active entities, including Banking Automation, Modular Streams, Recco Holding, and Silicon.
43GF Score
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