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TBK & Sons HoldingsHKSE:01960 -5.71%41 Pretax Margin % is 1.44% as of Dec. 2025, which is 79% below its 10-year median of 6.72. GuruFocus rates HKSE:01960 with a GF Score™ of 41/100 and a GF Value™ of HK$0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 928 Oil & Gas companies, TBK & Sons Holdings ranks worse than 82.44% on this metric.
TBK & Sons Holdings (HKSE:01960) 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.
TBK & Sons Holdings Pretax Margin % Related Terms
TBK & Sons Holdings Pretax Margin % Historical Data
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The historical data trend for TBK & Sons Holdings'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:01960 vs MPC, VLO, PSX: Pretax Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, TBK & Sons Holdings'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.
TBK & Sons Holdings Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TBK & Sons Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TBK & Sons Holdings'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.
TBK & Sons Holdings (HKSE:01960) has a Pretax Margin % of 1.44% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TBK & Sons Holdings and its competitors. This is 79% below median its historical median of 6.72. According to the industry distribution chart, TBK & Sons Holdings ranks #765 out of 928 companies in the Oil & Gas industry, placing it in the top 82.4%.
Is TBK & Sons Holdings' Pretax Margin % too high?
TBK & Sons Holdings' current Pretax Margin % of 1.44% is 79% below median its 10-year median of 6.72. The Oil & Gas industry median Pretax Margin % is 6.15. TBK & Sons Holdings' value of 1.44% is 76.6% below this industry median. Based on the distribution chart, TBK & Sons Holdings ranks #765 out of 928 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TBK & Sons Holdings has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBK & Sons Holdings' Pretax Margin % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, TBK & Sons Holdings ranks #765 out of 928 companies for Pretax Margin %. This places TBK & Sons Holdings in the lower half of its industry. The industry median Pretax Margin % is 6.15. TBK & Sons Holdings' value of 1.44% is 76.6% below this benchmark. While the company's 10-year median is 6.72 vs. the industry median of 6.15, TBK & Sons Holdings 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 Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 6.15, based on 928 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. TBK & Sons Holdings's current Pretax Margin % of 1.44% is 76.6% 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 TBK & Sons Holdings and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBK & Sons Holdings's current Pretax Margin % is 1.44%, which is 79% below median its own 10-year median of 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBK & Sons Holdings stock overvalued right now?
Based on GuruFocus' analysis, TBK & Sons Holdings (HKSE:01960) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.33 — trading 312.5% above its estimated fair value. The current Pretax Margin % is 1.44%, which is 79% below median its 10-year median of 6.72 and 76.6% below the Oil & Gas industry median of 6.15. TBK & Sons Holdings' overall GF Score™ is 41/100 with 4 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 TBK & Sons Holdings (HKSE:01960), the current Pretax Margin % is 1.44% 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 TBK & Sons Holdings (HKSE:01960) Overvalued in 2026?
Based on GuruFocus' analysis, TBK & Sons Holdings stock appears to be overvalued.
The current stock price of HK$0.33 is trading 312.5% above its estimated GF Value™ of HK$0.08.
GuruFocus considers TBK & Sons Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01960:
Pretax Margin %: 1.44% (79% below median its 10-year median of 6.72)
GF Value™: HK$0.08 vs. price of HK$0.33 (312.5% above fair value)
Industry Position: 76.6% below the Oil & Gas median (#765 of 928)
No single metric tells the full story. See the HKSE:01960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TBK & Sons Holdings Ltd is an investment holding company. Its reportable operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products, Construction and renovation works project. The majority of revenue is fromCivil works projectsCivil works projects. Geographically, it derives key revenue from the People's Republic of China, and rest from Hong Kong, and Malaysia.
41GF Score
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