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.
Asia Grocery DistributionHKSE:08413 +1.89% Pretax Margin % is 1.75% as of Mar. 2026, which is 237% above its 10-year median of 0.52. The stock has 1 warning sign investors should review. Among 308 Retail - Defensive companies, Asia Grocery Distribution ranks worse than 74.03% on this metric.
The historical rank and industry rank for Asia Grocery Distribution's Pretax Margin % or its related term are showing as below:
HKSE:08413'
s Pretax Margin % Range Over the Past 10 Years
Min: -6.31 Med: 0.52 Max: 2.31
Current: 0.86
HKSE:08413's Pretax Margin % is ranked worse than 74.03% of 308
companies
in the Retail - Defensive industry
Industry Median: 3.015
vs HKSE:08413: 0.86
Asia Grocery Distribution (HKSE:08413) 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.
Asia Grocery Distribution Pretax Margin % Related Terms
Asia Grocery Distribution 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.
HKSE:08413 vs SYY, USFD, PFGC: Pretax Margin % Comparison
For the Food Distribution subindustry, Asia Grocery Distribution'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.
Asia Grocery Distribution Pretax Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Asia Grocery Distribution's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Asia Grocery Distribution'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.
Asia Grocery Distribution (HKSE:08413) has a Pretax Margin % of 1.75% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Asia Grocery Distribution and its competitors. This is 237% above median its historical median of 0.52. According to the industry distribution chart, Asia Grocery Distribution ranks #228 out of 308 companies in the Retail - Defensive industry, placing it in the top 74%.
Is Asia Grocery Distribution's Pretax Margin % too high?
Asia Grocery Distribution's current Pretax Margin % of 1.75% is 237% above median its 10-year median of 0.52. The Retail - Defensive industry median Pretax Margin % is 3.02. Asia Grocery Distribution's value of 1.75% is 42% below this industry median. Based on the distribution chart, Asia Grocery Distribution ranks #228 out of 308 companies in the Retail - Defensive industry, which is below the industry midpoint.
How does Asia Grocery Distribution's Pretax Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Asia Grocery Distribution ranks #228 out of 308 companies for Pretax Margin %. This places Asia Grocery Distribution in the lower half of its industry. The industry median Pretax Margin % is 3.02. Asia Grocery Distribution's value of 1.75% is 42% below this benchmark. While the company's 10-year median is 0.52 vs. the industry median of 3.02, Asia Grocery Distribution 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 Retail - Defensive company?
The median Pretax Margin % among Retail - Defensive companies is 3.02, based on 308 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. Asia Grocery Distribution's current Pretax Margin % of 1.75% is 42% 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 Asia Grocery Distribution and its competitors. For the Retail - Defensive industry, the median Pretax Margin % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Grocery Distribution's current Pretax Margin % is 1.75%, which is 237% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Grocery Distribution stock overvalued right now?
Based on GuruFocus' analysis, Asia Grocery Distribution (HKSE:08413) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.05 — trading 55% below its estimated fair value. The current Pretax Margin % is 1.75%, which is 237% above median its 10-year median of 0.52 and 42% below the Retail - Defensive industry median of 3.02. 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 Asia Grocery Distribution (HKSE:08413), the current Pretax Margin % is 1.75% 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.
Asia Grocery Distribution Ltd is engaged in distributing food and beverage groceries to a wide array of customers, including restaurants, non-commercial dining establishments, hotels, private clubs, food processing operators, and wholesalers in Hong Kong. It also offers Kitchen and hygiene products, including food wrap and food-related products such as cling film, baking sheet, and foil, cleaning products such as detergent, bleach, and liquid soap, and others such as tissue paper, toothpicks, and towels, hygiene products such as face masks and gloves. The company distributes its products to Hong Kong, China, Greece, and Italy.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:08413 has been successfully added to your 
