Howa BankFSE:8559 54 Pretax Margin % is 12.85% as of Mar. 2026, which is 23% above its 10-year median of 10.42. GuruFocus rates FSE:8559 with a GF Score™ of 54/100 and a GF Value™ of 円530.30 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,528 Banks companies, Howa Bank ranks worse than 88.42% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Howa Bank's Pre-Tax Income for the
six
months ended in Mar. 2026 was 円568 Mil. Howa Bank's Revenue for the
six
months ended in Mar. 2026 was 円4,421 Mil. Therefore, Howa Bank's pretax margin for the quarter that ended in Mar. 2026 was 12.85%.
The historical rank and industry rank for Howa Bank's Pretax Margin % or its related term are showing as below:
FSE:8559'
s Pretax Margin % Range Over the Past 10 Years
Min: 4.83 Med: 10.42 Max: 17.71
Current: 13.02
FSE:8559's Pretax Margin % is ranked worse than 88.42% of 1528
companies
in the Banks industry
Industry Median: 34.715
vs FSE:8559: 13.02
Howa Bank (FSE:8559) 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.
Howa Bank Pretax Margin % Related Terms
Howa Bank Pretax Margin % Historical Data
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The historical data trend for Howa Bank'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.
For the Banks - Regional subindustry, Howa Bank'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.
Howa Bank Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Howa Bank's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Howa Bank'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.
Howa Bank (FSE:8559) has a Pretax Margin % of 12.85% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Howa Bank and its competitors. This is 23% above median its historical median of 10.42. Over the past decade, Howa Bank's Pretax Margin % has ranged from 4.83 to 17.71. According to the industry distribution chart, Howa Bank ranks #1351 out of 1528 companies in the Banks industry, placing it in the top 88.4%.
Is Howa Bank's Pretax Margin % too high?
Howa Bank's current Pretax Margin % of 12.85% is 23% above median its 10-year median of 10.42. Over the past 10 years, this metric has ranged from a low of 4.83 to a high of 17.71. The Banks industry median Pretax Margin % is 34.72. Howa Bank's value of 12.85% is 63% below this industry median. Based on the distribution chart, Howa Bank ranks #1351 out of 1528 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Howa Bank has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Howa Bank's Pretax Margin % compare to competitors?
According to the Banks industry distribution chart, Howa Bank ranks #1351 out of 1528 companies for Pretax Margin %. This places Howa Bank in the lower half of its industry. The industry median Pretax Margin % is 34.72. Howa Bank's value of 12.85% is 63% below this benchmark. Historically, Howa Bank's own Pretax Margin % has ranged from 4.83 to 17.71 over the past decade. While the company's 10-year median is 10.42 vs. the industry median of 34.72, Howa Bank has consistently been below 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 Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,528 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. Howa Bank's current Pretax Margin % of 12.85% is 63% below 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 Howa Bank and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howa Bank's current Pretax Margin % is 12.85%, which is 23% above median its own 10-year median of 10.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howa Bank stock overvalued right now?
Based on GuruFocus' analysis, Howa Bank (FSE:8559) is currently considered Modestly Undervalued. The stock's GF Value™ is 円530.30, compared to a current price of 円470.00 — trading 11.4% below its estimated fair value. The current Pretax Margin % is 12.85%, which is 23% above median its 10-year median of 10.42 and 63% below the Banks industry median of 34.72. Howa Bank's overall GF Score™ is 54/100 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 Howa Bank (FSE:8559), the current Pretax Margin % is 12.85% 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 Howa Bank (FSE:8559) Overvalued in 2026?
Based on GuruFocus' analysis, Howa Bank stock appears to be undervalued.
The current stock price of 円470.00 is trading 11.4% below its estimated GF Value™ of 円530.30.
GuruFocus considers Howa Bank to be Modestly Undervalued.
Key valuation signals for FSE:8559:
Pretax Margin %: 12.85% (23% above median its 10-year median of 10.42)
GF Value™: 円530.30 vs. price of 円470.00 (11.4% below fair value)
Industry Position: 63% below the Banks median (#1351 of 1528)
No single metric tells the full story. See the FSE:8559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Howa Bank Ltd is a Japan based regional bank. It provides banking products and services in Japan. Its deposit products include general account, saving account, current account, and property accumulation housing savings deposit. It offers housing loan, reform loan, card loan, free loan, education loan, auto loans and also provides insurance services.
54GF Score
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