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Macau E&M HoldingHKSE:01408 -1.47%55 Pretax Margin % is 6.47% as of Dec. 2025, which is 40% below its 10-year median of 10.75. GuruFocus rates HKSE:01408 with a GF Score™ of 55/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,771 Construction companies, Macau E&M Holding ranks worse than 63.98% 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.
Macau E&M Holding Pretax Margin % Related Terms
Macau E&M Holding Pretax Margin % Historical Data
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The historical data trend for Macau E&M Holding'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.
HKSE:01408 vs PWR, FIX, EME: Pretax Margin % Comparison
For the Engineering & Construction subindustry, Macau E&M Holding'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.
Macau E&M Holding Pretax Margin % vs Construction Industry
For the Construction industry and Industrials sector, Macau E&M Holding's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Macau E&M Holding'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.
Macau E&M Holding (HKSE:01408) has a Pretax Margin % of 6.47% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Macau E&M Holding and its competitors. This is 40% below median its historical median of 10.75. According to the industry distribution chart, Macau E&M Holding ranks #1133 out of 1771 companies in the Construction industry, placing it in the top 64%.
Is Macau E&M Holding's Pretax Margin % too high?
Macau E&M Holding's current Pretax Margin % of 6.47% is 40% below median its 10-year median of 10.75. The Construction industry median Pretax Margin % is 5.46. Macau E&M Holding's value of 6.47% is 18.5% above this industry median. Based on the distribution chart, Macau E&M Holding ranks #1133 out of 1771 companies in the Construction industry, which is below the industry midpoint. Overall, Macau E&M Holding has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macau E&M Holding's Pretax Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Macau E&M Holding ranks #1133 out of 1771 companies for Pretax Margin %. This places Macau E&M Holding in the lower half of its industry. The industry median Pretax Margin % is 5.46. Macau E&M Holding's value of 6.47% is 18.5% above this benchmark. While the company's 10-year median is 10.75 vs. the industry median of 5.46, Macau E&M Holding 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 Construction company?
The median Pretax Margin % among Construction companies is 5.46, based on 1,771 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. Macau E&M Holding's current Pretax Margin % of 6.47% is 18.5% 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 Macau E&M Holding and its competitors. For the Construction industry, the median Pretax Margin % is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau E&M Holding's current Pretax Margin % is 6.47%, which is 40% below median its own 10-year median of 10.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macau E&M Holding stock overvalued right now?
Based on GuruFocus' analysis, Macau E&M Holding (HKSE:01408) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.34 — trading 235% above its estimated fair value. The current Pretax Margin % is 6.47%, which is 40% below median its 10-year median of 10.75 and 18.5% above the Construction industry median of 5.46. Macau E&M Holding's overall GF Score™ is 55/100 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 Macau E&M Holding (HKSE:01408), the current Pretax Margin % is 6.47% 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 Macau E&M Holding (HKSE:01408) Overvalued in 2026?
Based on GuruFocus' analysis, Macau E&M Holding stock appears to be overvalued.
The current stock price of HK$0.34 is trading 235% above its estimated GF Value™ of HK$0.10.
GuruFocus considers Macau E&M Holding to be Significantly Overvalued.
Key valuation signals for HKSE:01408:
Pretax Margin %: 6.47% (40% below median its 10-year median of 10.75)
GF Value™: HK$0.10 vs. price of HK$0.34 (235% above fair value)
Industry Position: 18.5% above the Construction median (#1133 of 1771)
No single metric tells the full story. See the HKSE:01408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macau E&M Holding Ltd is an Electrical & Mechanical engineering services works contractor in Macau. The company provides a comprehensive mix of E&M engineering services works based on the contractual needs of its customers in Macau, which involve a combination of the supply and/or installation of LV systems works; HVAC systems work; and ELV systems work, and the relevant testing and commissioning thereof, as well as management and monitoring of quality and delivery of its E&M engineering services, works. It also provides maintenance and repair services to its customers.
55GF Score
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