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Palasino HoldingsHKSE:02536 43 Pretax Margin % is 2.77% as of Mar. 2026, which is 46% below its 10-year median of 5.13. GuruFocus rates HKSE:02536 with a GF Score™ of 43/100. The stock has 4 warning signs investors should review. Among 843 Travel & Leisure companies, Palasino Holdings ranks worse than 56.7% 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.
Palasino Holdings Pretax Margin % Related Terms
Palasino Holdings Pretax Margin % Historical Data
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The historical data trend for Palasino 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:02536 vs LVS, MGM, WYNN: Pretax Margin % Comparison
For the Resorts & Casinos subindustry, Palasino 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.
Palasino Holdings Pretax Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Palasino Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Palasino 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.
Palasino Holdings (HKSE:02536) has a Pretax Margin % of 2.77% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Palasino Holdings and its competitors. This is 46% below median its historical median of 5.13. Over the past decade, Palasino Holdings' Pretax Margin % has ranged from 2.41 to 13.97. According to the industry distribution chart, Palasino Holdings ranks #478 out of 843 companies in the Travel & Leisure industry, placing it in the top 56.7%.
Is Palasino Holdings' Pretax Margin % too high?
Palasino Holdings' current Pretax Margin % of 2.77% is 46% below median its 10-year median of 5.13. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 13.97. The Travel & Leisure industry median Pretax Margin % is 6.37. Palasino Holdings' value of 2.77% is 56.5% below this industry median. Based on the distribution chart, Palasino Holdings ranks #478 out of 843 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Palasino Holdings has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Palasino Holdings' Pretax Margin % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Palasino Holdings ranks #478 out of 843 companies for Pretax Margin %. This places Palasino Holdings in the lower half of its industry. The industry median Pretax Margin % is 6.37. Palasino Holdings' value of 2.77% is 56.5% below this benchmark. Historically, Palasino Holdings' own Pretax Margin % has ranged from 2.41 to 13.97 over the past decade. While the company's 10-year median is 5.13 vs. the industry median of 6.37, Palasino 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 a Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.37, based on 843 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. Palasino Holdings's current Pretax Margin % of 2.77% is 56.5% 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 Palasino Holdings and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palasino Holdings's current Pretax Margin % is 2.77%, which is 46% below median its own 10-year median of 5.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palasino Holdings stock overvalued right now?
Palasino Holdings (HKSE:02536) has a current Pretax Margin % of 2.77%. The current Pretax Margin % is 2.77%, which is 46% below median its 10-year median of 5.13 and 56.5% below the Travel & Leisure industry median of 6.37. Palasino Holdings' overall GF Score™ is 43/100 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 Palasino Holdings (HKSE:02536), the current Pretax Margin % is 2.77% as of Mar. 2026. 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.
Palasino Holdings Ltd is an entertainment, gaming, and leisure group comprising one integrated land-based casino and resort and two full-service land-based casinos operating in the Czech Republic, offering slot machines and table games, and three hotels in Germany and one hotel in Austria that offer accommodation, catering, conference, and leisure services. It operates into two reportable segments: Gaming operations comprising the operation of casinos; and Hotel, catering and leasing operations segment, which includes the operation of hotels, catering, and related services. Maximum revenue is generated from its Gaming operations segment. Geographically, the group generates maximum revenue from the Czech Republic.
43GF Score
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