Corticeira Amorim SGPSHAM:AS4 -0.48%61 Pretax Margin % is 10.45% as of Mar. 2026, which is 12% below its 10-year median of 11.91. GuruFocus rates HAM:AS4 with a GF Score™ of 61/100 and a GF Value™ of €7.29. The stock has 5 warning signs investors should review. Among 283 Forest Products companies, Corticeira Amorim SGPS ranks better than 84.1% on this metric.
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.
Corticeira Amorim SGPS Pretax Margin % Related Terms
Corticeira Amorim SGPS Pretax Margin % Historical Data
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The historical data trend for Corticeira Amorim SGPS'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.
HAM:AS4 vs SSD, UFPI, BCC: Pretax Margin % Comparison
For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.
Corticeira Amorim SGPS Pretax Margin % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Corticeira Amorim SGPS'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.
Corticeira Amorim SGPS (HAM:AS4) has a Pretax Margin % of 10.45% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Corticeira Amorim SGPS and its competitors. This is 12% below median its historical median of 11.91. Over the past decade, Corticeira Amorim SGPS's Pretax Margin % has ranged from 9.10 to 22.23. According to the industry distribution chart, Corticeira Amorim SGPS ranks #45 out of 283 companies in the Forest Products industry, placing it in the top 15.9%.
Is Corticeira Amorim SGPS's Pretax Margin % too high?
Corticeira Amorim SGPS's current Pretax Margin % of 10.45% is 12% below median its 10-year median of 11.91. Over the past 10 years, this metric has ranged from a low of 9.10 to a high of 22.23. The Forest Products industry median Pretax Margin % is 1.77. Corticeira Amorim SGPS's value of 10.45% is 490.4% above this industry median. Based on the distribution chart, Corticeira Amorim SGPS ranks #45 out of 283 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Corticeira Amorim SGPS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Corticeira Amorim SGPS's Pretax Margin % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Corticeira Amorim SGPS ranks #45 out of 283 companies for Pretax Margin %. This places Corticeira Amorim SGPS in the top 16% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 1.77. Corticeira Amorim SGPS's value of 10.45% is 490.4% above this benchmark. Historically, Corticeira Amorim SGPS's own Pretax Margin % has ranged from 9.10 to 22.23 over the past decade. While the company's 10-year median is 11.91 vs. the industry median of 1.77, Corticeira Amorim SGPS 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 Forest Products company?
The median Pretax Margin % among Forest Products companies is 1.77, based on 283 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. Corticeira Amorim SGPS's current Pretax Margin % of 10.45% is 490.4% 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 Corticeira Amorim SGPS and its competitors. For the Forest Products industry, the median Pretax Margin % is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corticeira Amorim SGPS's current Pretax Margin % is 10.45%, which is 12% below median its own 10-year median of 11.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corticeira Amorim SGPS stock overvalued right now?
Corticeira Amorim SGPS (HAM:AS4) has a current Pretax Margin % of 10.45%. The stock's GF Value™ is €7.29, compared to a current price of €6.25 — trading 14.3% below its estimated fair value. The current Pretax Margin % is 10.45%, which is 12% below median its 10-year median of 11.91 and 490.4% above the Forest Products industry median of 1.77. Corticeira Amorim SGPS's overall GF Score™ is 61/100 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 Corticeira Amorim SGPS (HAM:AS4), the current Pretax Margin % is 10.45% 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 Corticeira Amorim SGPS (HAM:AS4) Overvalued in 2026?
Based on GuruFocus' analysis, Corticeira Amorim SGPS stock appears to be undervalued.
The current stock price of €6.25 is trading 14.3% below its estimated GF Value™ of €7.29.
Key valuation signals for HAM:AS4:
Pretax Margin %: 10.45% (12% below median its 10-year median of 11.91)
GF Value™: €7.29 vs. price of €6.25 (14.3% below fair value)
Industry Position: 490.4% above the Forest Products median (#45 of 283)
No single metric tells the full story. See the HAM:AS4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Corticeira Amorim SGPS SA is mainly engaged in the acquisition and transformation of cork into a numerous set of cork and cork-related products, which are distributed through its network of sales companies. Its business units are Amorim Florestal, Amorim Cork, and Amorim Cork Solutions. It derives the majority of the revenue from Amorim Cork segment which produces different types of existing cork stoppers. The main markets are the bottling countries, from the traditional ones like France, Italy, Germany, Spain and Portugal, to the new markets like USA, Australia, Chile, South Africa and Argentina. Geographically, its operations are spread across EU, USA, Rest of America, Australasia, Portugal, Africa, and Rest of Europe.
61GF Score
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