Kumba Iron OreFRA:KUI +1.32%73 Pretax Margin % is 36.53% as of Dec. 2025, which is 13% below its 10-year median of 42.20. GuruFocus rates FRA:KUI with a GF Score™ of 73/100 and a GF Value™ of €17.65 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 615 Steel companies, Kumba Iron Ore ranks better than 96.91% on this metric.
The historical rank and industry rank for Kumba Iron Ore's Pretax Margin % or its related term are showing as below:
FRA:KUI'
s Pretax Margin % Range Over the Past 10 Years
Min: 36.16 Med: 42.2 Max: 58.77
Current: 37.43
FRA:KUI's Pretax Margin % is ranked better than 96.91% of 615
companies
in the Steel industry
Industry Median: 2.56
vs FRA:KUI: 37.43
Kumba Iron Ore (FRA:KUI) 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.
Kumba Iron Ore Pretax Margin % Related Terms
Kumba Iron Ore Pretax Margin % Historical Data
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The historical data trend for Kumba Iron Ore'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:KUI vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Kumba Iron Ore'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.
Kumba Iron Ore Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Kumba Iron Ore's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kumba Iron Ore'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.
Kumba Iron Ore (FRA:KUI) has a Pretax Margin % of 36.53% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kumba Iron Ore and its competitors. This is 13% below median its historical median of 42.20. Over the past decade, Kumba Iron Ore's Pretax Margin % has ranged from 36.16 to 58.77. According to the industry distribution chart, Kumba Iron Ore ranks #19 out of 615 companies in the Steel industry, placing it in the top 3.1%.
Is Kumba Iron Ore's Pretax Margin % too high?
Kumba Iron Ore's current Pretax Margin % of 36.53% is 13% below median its 10-year median of 42.20. Over the past 10 years, this metric has ranged from a low of 36.16 to a high of 58.77. The Steel industry median Pretax Margin % is 2.56. Kumba Iron Ore's value of 36.53% is 1327% above this industry median. Based on the distribution chart, Kumba Iron Ore ranks #19 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Kumba Iron Ore has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kumba Iron Ore's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Kumba Iron Ore ranks #19 out of 615 companies for Pretax Margin %. This places Kumba Iron Ore in the top 3% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 2.56. Kumba Iron Ore's value of 36.53% is 1327% above this benchmark. Historically, Kumba Iron Ore's own Pretax Margin % has ranged from 36.16 to 58.77 over the past decade. While the company's 10-year median is 42.20 vs. the industry median of 2.56, Kumba Iron Ore 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 a Steel company?
The median Pretax Margin % among Steel companies is 2.56, based on 615 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. Kumba Iron Ore's current Pretax Margin % of 36.53% is 1327% 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 Kumba Iron Ore and its competitors. For the Steel industry, the median Pretax Margin % is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kumba Iron Ore's current Pretax Margin % is 36.53%, which is 13% below median its own 10-year median of 42.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumba Iron Ore stock overvalued right now?
Based on GuruFocus' analysis, Kumba Iron Ore (FRA:KUI) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.65, compared to a current price of €15.40 — trading 12.7% below its estimated fair value. The current Pretax Margin % is 36.53%, which is 13% below median its 10-year median of 42.20 and 1327% above the Steel industry median of 2.56. Kumba Iron Ore's overall GF Score™ is 73/100 with 5 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 Kumba Iron Ore (FRA:KUI), the current Pretax Margin % is 36.53% 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 Kumba Iron Ore (FRA:KUI) Overvalued in 2026?
Based on GuruFocus' analysis, Kumba Iron Ore stock appears to be undervalued.
The current stock price of €15.40 is trading 12.7% below its estimated GF Value™ of €17.65.
GuruFocus considers Kumba Iron Ore to be Modestly Undervalued.
Key valuation signals for FRA:KUI:
Pretax Margin %: 36.53% (13% below median its 10-year median of 42.20)
GF Value™: €17.65 vs. price of €15.40 (12.7% below fair value)
Industry Position: 1327% above the Steel median (#19 of 615)
No single metric tells the full story. See the FRA:KUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing, blending, and sale of iron ore to the steel industry. The company operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake in, located near the town of Kathu in the Northern Cape Province. The Sishen mine is opencast and produces the bulk of the group's iron ore, which is exported. It also holds an interest in the Kolomela mine. The company also generates revenue from Shipping operations. The majority of the company's revenue is generated from its products.
73GF Score
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