Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Watts International Maritime Co (HKSE:02258) 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.
Watts International Maritime Co Pretax Margin % Related Terms
Watts International Maritime Co 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.
Watts International Maritime Co Pretax Margin % Chart
Watts International Maritime Co Pretax Margin % Competitor Comparison
For the Infrastructure Operations subindustry, Watts International Maritime Co'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.
Watts International Maritime Co Pretax Margin % vs Construction Industry
For the Construction industry and Industrials sector, Watts International Maritime Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Watts International Maritime Co'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.
Watts International Maritime Co (HKSE:02258) has a Pretax Margin % of 3.18% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Watts International Maritime Co and its competitors. This is near median its historical median of 3.07. According to the industry distribution chart, Watts International Maritime Co ranks #1128 out of 1770 companies in the Construction industry, placing it in the top 63.7%.
Is Watts International Maritime Co's Pretax Margin % too high?
Watts International Maritime Co's current Pretax Margin % of 3.18% is near median its 10-year median of 3.07. The Construction industry median Pretax Margin % is 5.49. Watts International Maritime Co's value of 3.18% is 42.1% below this industry median. Based on the distribution chart, Watts International Maritime Co ranks #1128 out of 1770 companies in the Construction industry, which is below the industry midpoint. Overall, Watts International Maritime Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Watts International Maritime Co's Pretax Margin % compare to competitors?
According to the Construction industry distribution chart, Watts International Maritime Co ranks #1128 out of 1770 companies for Pretax Margin %. This places Watts International Maritime Co in the lower half of its industry. The industry median Pretax Margin % is 5.49. Watts International Maritime Co's value of 3.18% is 42.1% below this benchmark. While the company's 10-year median is 3.07 vs. the industry median of 5.49, Watts International Maritime Co 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 a Construction company?
The median Pretax Margin % among Construction companies is 5.49, based on 1,770 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. Watts International Maritime Co's current Pretax Margin % of 3.18% is 42.1% 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 Watts International Maritime Co and its competitors. For the Construction industry, the median Pretax Margin % is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watts International Maritime Co's current Pretax Margin % is 3.18%, which is near median its own 10-year median of 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watts International Maritime Co stock overvalued right now?
Based on GuruFocus' analysis, Watts International Maritime Co (HKSE:02258) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.32 — trading 52.4% above its estimated fair value. The current Pretax Margin % is 3.18%, which is near median its 10-year median of 3.07 and 42.1% below the Construction industry median of 5.49. Watts International Maritime Co's overall GF Score™ is 46/100 with 6 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 Watts International Maritime Co (HKSE:02258), the current Pretax Margin % is 3.18% 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 Watts International Maritime Co (HKSE:02258) Overvalued in 2026?
Based on GuruFocus' analysis, Watts International Maritime Co stock appears to be overvalued.
The current stock price of HK$0.32 is trading 52.4% above its estimated GF Value™ of HK$0.21.
GuruFocus considers Watts International Maritime Co to be Significantly Overvalued.
Key valuation signals for HKSE:02258:
Pretax Margin %: 3.18% (near median its 10-year median of 3.07)
GF Value™: HK$0.21 vs. price of HK$0.32 (52.4% above fair value)
Industry Position: 42.1% below the Construction median (#1128 of 1770)
No single metric tells the full story. See the HKSE:02258 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Watts International Maritime Co Ltd is a port, waterway, maritime engineering and municipal public engineering services provider in the PRC and provides services of port infrastructure, waterway engineering, construction of public infrastructure within cities, urban greening and construction of buildings. Its segments include Marine construction, including infrastructure construction of ports, waterway engineering and other services; and Municipal public construction, including construction of public infrastructure within cities, urban greening and construction of buildings.
46GF Score
Get the complete analysis for HKSE:02258
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02258 has been successfully added to your 
