Aker ASAHAM:FKM +0.80%68 Pretax Margin % is 47.05% as of Dec. 2025, which is 810% above its 10-year median of 5.17. GuruFocus rates HAM:FKM with a GF Score™ of 68/100 and a GF Value™ of €79.24. The stock has 5 warning signs investors should review. Among 548 Conglomerates companies, Aker ASA ranks better than 81.02% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Aker ASA's Pre-Tax Income for the
six
months ended in Dec. 2025 was €255 Mil. Aker ASA's Revenue for the
six
months ended in Dec. 2025 was €541 Mil. Therefore, Aker ASA's pretax margin for the quarter that ended in Dec. 2025 was 47.05%.
The historical rank and industry rank for Aker ASA's Pretax Margin % or its related term are showing as below:
HAM:FKM'
s Pretax Margin % Range Over the Past 10 Years
Min: -48.91 Med: 5.17 Max: 94.29
Current: 17.6
HAM:FKM's Pretax Margin % is ranked better than 81.02% of 548
companies
in the Conglomerates industry
Industry Median: 6.58
vs HAM:FKM: 17.60
Aker ASA (HAM:FKM) 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.
Aker ASA Pretax Margin % Related Terms
Aker ASA Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Aker ASA'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 Conglomerates subindustry, Aker ASA'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.
Aker ASA Pretax Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Aker ASA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Aker ASA'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.
Aker ASA (HAM:FKM) has a Pretax Margin % of 47.05% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Aker ASA and its competitors. This is 810% above median its historical median of 5.17. According to the industry distribution chart, Aker ASA ranks #104 out of 548 companies in the Conglomerates industry, placing it in the top 19%.
Is Aker ASA's Pretax Margin % too high?
Aker ASA's current Pretax Margin % of 47.05% is 810% above median its 10-year median of 5.17. The Conglomerates industry median Pretax Margin % is 6.58. Aker ASA's value of 47.05% is 615% above this industry median. Based on the distribution chart, Aker ASA ranks #104 out of 548 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Aker ASA has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Aker ASA's Pretax Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Aker ASA ranks #104 out of 548 companies for Pretax Margin %. This places Aker ASA in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.58. Aker ASA's value of 47.05% is 615% above this benchmark. While the company's 10-year median is 5.17 vs. the industry median of 6.58, Aker ASA 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 Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.58, based on 548 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. Aker ASA's current Pretax Margin % of 47.05% is 615% 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 Aker ASA and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker ASA's current Pretax Margin % is 47.05%, which is 810% above median its own 10-year median of 5.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker ASA stock overvalued right now?
Aker ASA (HAM:FKM) has a current Pretax Margin % of 47.05%. The stock's GF Value™ is €79.24, compared to a current price of €100.20 — trading 26.5% above its estimated fair value. The current Pretax Margin % is 47.05%, which is 810% above median its 10-year median of 5.17 and 615% above the Conglomerates industry median of 6.58. Aker ASA's overall GF Score™ is 68/100 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 Aker ASA (HAM:FKM), the current Pretax Margin % is 47.05% 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 Aker ASA (HAM:FKM) Overvalued in 2026?
Based on GuruFocus' analysis, Aker ASA stock appears to be overvalued.
The current stock price of €100.20 is trading 26.5% above its estimated GF Value™ of €79.24.
Key valuation signals for HAM:FKM:
Pretax Margin %: 47.05% (810% above median its 10-year median of 5.17)
GF Value™: €79.24 vs. price of €100.20 (26.5% above fair value)
Industry Position: 615% above the Conglomerates median (#104 of 548)
No single metric tells the full story. See the HAM:FKM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. The company's investment portfolio comprises two segments: Industrial holdings and Financial investments. The primary focus for businesses within Industrial holdings is long-term value creation. Businesses within Financial investments are managed as a portfolio with a focus on financial and strategic opportunities. The company generates the majority of its revenue from Industrial holdings. Geographically, the company generates the majority of its revenue from Norway.
68GF Score
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