Forum MarketsFRA:L270 +2.35%26 Pretax Margin % is -2,711.97% as of Mar. 2026. GuruFocus rates FRA:L270 with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 2,822 Software companies, Forum Markets ranks worse than 98.26% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Forum Markets's Pre-Tax Income for the
three
months ended in Mar. 2026 was €-67.07 Mil. Forum Markets's Revenue for the
three
months ended in Mar. 2026 was €2.47 Mil. Therefore, Forum Markets's pretax margin for the quarter that ended in Mar. 2026 was -2,711.97%.
The historical rank and industry rank for Forum Markets's Pretax Margin % or its related term are showing as below:
FRA:L270'
s Pretax Margin % Range Over the Past 10 Years
Min: -6774.57 Med: -6774.57 Max: -5522.59
Current: -5522.59
FRA:L270's Pretax Margin % is ranked worse than 98.26% of 2822
companies
in the Software industry
Industry Median: 3.5
vs FRA:L270: -5522.59
Forum Markets (FRA:L270) 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.
Forum Markets Pretax Margin % Related Terms
Forum Markets Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Forum Markets'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:L270 vs HIT, NTCL, RSSS: Pretax Margin % Comparison
For the Software - Application subindustry, Forum Markets'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.
Forum Markets Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Forum Markets's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Forum Markets'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.
Forum Markets (FRA:L270) has a Pretax Margin % of -2,711.97% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Forum Markets and its competitors. According to the industry distribution chart, Forum Markets ranks #2773 out of 2822 companies in the Software industry, placing it in the top 98.3%.
Is Forum Markets' Pretax Margin % too high?
Forum Markets' current Pretax Margin % is -2,711.97%. Based on the distribution chart, Forum Markets ranks #2773 out of 2822 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Forum Markets has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Forum Markets' Pretax Margin % compare to HIT and NTCL?
According to the Software industry distribution chart, Forum Markets ranks #2773 out of 2822 companies for Pretax Margin %. This places Forum Markets in the lower half of its industry. The industry median Pretax Margin % is 3.50. 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 Software company?
The median Pretax Margin % among Software companies is 3.50, based on 2,822 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 Forum Markets and its competitors. For the Software industry, the median Pretax Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Markets's current Pretax Margin % is -2,711.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Markets stock overvalued right now?
Forum Markets (FRA:L270) has a current Pretax Margin % of -2,711.97%. The current Pretax Margin % is -2,711.97%. Forum Markets' overall GF Score™ is 26/100 with 2 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 Forum Markets (FRA:L270), the current Pretax Margin % is -2,711.97% 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.
Forum Markets Inc is a financial technology company focused on developing infrastructure that supports the origination, financing, and distribution of RWAs through blockchain-enabled capital markets. The company's business approach is centered on integrating traditional financial asset markets with blockchain-based infrastructure to enable the tokenization of income-generating real-world assets such as consumer credit, equipment finance assets, and other contractual cash-flow streams. It utilizes blockchain infrastructure, including Ethereum and related Layer-2 scaling protocols, to support the issuance, management, and potential secondary trading of tokenized financial instruments.
26GF Score
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