The historical rank and industry rank for Nuernberger Beteiligungs AG's Pretax Margin % or its related term are showing as below:
HAM:NBG6'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.51 Med: 2.08 Max: 4.68
Current: 4.68
HAM:NBG6's Pretax Margin % is ranked worse than 77.73% of 503
companies
in the Insurance industry
Industry Median: 12
vs HAM:NBG6: 4.68
Nuernberger Beteiligungs AG (HAM:NBG6) 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.
Nuernberger Beteiligungs AG Pretax Margin % Related Terms
Nuernberger Beteiligungs AG Pretax Margin % Historical Data
* 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:NBG6 vs BRK.A, AIG, HIG: Pretax Margin % Comparison
For the Insurance - Diversified subindustry, Nuernberger Beteiligungs AG'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.
Nuernberger Beteiligungs AG Pretax Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Nuernberger Beteiligungs AG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nuernberger Beteiligungs AG'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.
Nuernberger Beteiligungs AG (HAM:NBG6) has a Pretax Margin % of 5.76% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuernberger Beteiligungs AG and its competitors. This is 177% above median its historical median of 2.08. Over the past decade, Nuernberger Beteiligungs AG's Pretax Margin % has ranged from 0.51 to 4.68. According to the industry distribution chart, Nuernberger Beteiligungs AG ranks #391 out of 503 companies in the Insurance industry, placing it in the top 77.7%.
Is Nuernberger Beteiligungs AG's Pretax Margin % too high?
Nuernberger Beteiligungs AG's current Pretax Margin % of 5.76% is 177% above median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 4.68. The Insurance industry median Pretax Margin % is 12.00. Nuernberger Beteiligungs AG's value of 5.76% is 52% below this industry median. Based on the distribution chart, Nuernberger Beteiligungs AG ranks #391 out of 503 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Nuernberger Beteiligungs AG has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Nuernberger Beteiligungs AG's Pretax Margin % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Nuernberger Beteiligungs AG ranks #391 out of 503 companies for Pretax Margin %. This places Nuernberger Beteiligungs AG in the lower half of its industry. The industry median Pretax Margin % is 12.00. Nuernberger Beteiligungs AG's value of 5.76% is 52% below this benchmark. Historically, Nuernberger Beteiligungs AG's own Pretax Margin % has ranged from 0.51 to 4.68 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 12.00, Nuernberger Beteiligungs AG 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 an Insurance company?
The median Pretax Margin % among Insurance companies is 12.00, based on 503 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. Nuernberger Beteiligungs AG's current Pretax Margin % of 5.76% is 52% 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 Nuernberger Beteiligungs AG and its competitors. For the Insurance industry, the median Pretax Margin % is 12.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuernberger Beteiligungs AG's current Pretax Margin % is 5.76%, which is 177% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuernberger Beteiligungs AG stock overvalued right now?
Nuernberger Beteiligungs AG (HAM:NBG6) has a current Pretax Margin % of 5.76%. The stock's GF Value™ is €65.97, compared to a current price of €121.50 — trading 84.2% above its estimated fair value. The current Pretax Margin % is 5.76%, which is 177% above median its 10-year median of 2.08 and 52% below the Insurance industry median of 12.00. Nuernberger Beteiligungs AG's overall GF Score™ is 54/100 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 Nuernberger Beteiligungs AG (HAM:NBG6), the current Pretax Margin % is 5.76% 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 Nuernberger Beteiligungs AG (HAM:NBG6) Overvalued in 2026?
Based on GuruFocus' analysis, Nuernberger Beteiligungs AG stock appears to be overvalued.
The current stock price of €121.50 is trading 84.2% above its estimated GF Value™ of €65.97.
Key valuation signals for HAM:NBG6:
Pretax Margin %: 5.76% (177% above median its 10-year median of 2.08)
GF Value™: €65.97 vs. price of €121.50 (84.2% above fair value)
Industry Position: 52% below the Insurance median (#391 of 503)
No single metric tells the full story. See the HAM:NBG6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuernberger Beteiligungs AG operates in the German financial services domain. Its prime focus is on offering insurance products that span the life, health, and property insurance products. The Life business area comprises of the company's subsidiaries engaged in the provision of life insurances, disability insurance, occupational pensions and various forms of risk insurance, and pension funds. The Health segment is concerned with the provision of health and supplementary insurance and the property insurance segment is responsible for the activities related to in property, casualty, accident insurance, as well as reinsurance. In addition, it provides banking services encompassing financial products, asset management, and investment services.
54GF Score
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