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IPA Investment Group JSCHSTC:IPA 85 Pretax Margin % is 82.51% as of Mar. 2026, which is 1% below its 10-year median of 83.21. GuruFocus rates HSTC:IPA with a GF Score™ of 85/100 and a GF Value™ of ₫23,275.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 776 Capital Markets companies, IPA Investment Group JSC ranks better than 94.07% on this metric.
The historical rank and industry rank for IPA Investment Group JSC's Pretax Margin % or its related term are showing as below:
HSTC:IPA'
s Pretax Margin % Range Over the Past 10 Years
Min: 7.07 Med: 83.21 Max: 670.34
Current: 102.15
HSTC:IPA's Pretax Margin % is ranked better than 94.07% of 776
companies
in the Capital Markets industry
Industry Median: 20.695
vs HSTC:IPA: 102.15
IPA Investment Group JSC (HSTC:IPA) 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.
IPA Investment Group JSC Pretax Margin % Related Terms
IPA Investment Group JSC 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.
HSTC:IPA vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, IPA Investment Group JSC'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.
IPA Investment Group JSC Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, IPA Investment Group JSC's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where IPA Investment Group JSC'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.
IPA Investment Group JSC (HSTC:IPA) has a Pretax Margin % of 82.51% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on IPA Investment Group JSC and its competitors. This is near median its historical median of 83.21. Over the past decade, IPA Investment Group JSC's Pretax Margin % has ranged from 7.07 to 670.34. According to the industry distribution chart, IPA Investment Group JSC ranks #46 out of 776 companies in the Capital Markets industry, placing it in the top 5.9%.
Is IPA Investment Group JSC's Pretax Margin % too high?
IPA Investment Group JSC's current Pretax Margin % of 82.51% is near median its 10-year median of 83.21. Over the past 10 years, this metric has ranged from a low of 7.07 to a high of 670.34. The Capital Markets industry median Pretax Margin % is 20.70. IPA Investment Group JSC's value of 82.51% is 298.7% above this industry median. Based on the distribution chart, IPA Investment Group JSC ranks #46 out of 776 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, IPA Investment Group JSC has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IPA Investment Group JSC's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, IPA Investment Group JSC ranks #46 out of 776 companies for Pretax Margin %. This places IPA Investment Group JSC in the top 6% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.70. IPA Investment Group JSC's value of 82.51% is 298.7% above this benchmark. Historically, IPA Investment Group JSC's own Pretax Margin % has ranged from 7.07 to 670.34 over the past decade. While the company's 10-year median is 83.21 vs. the industry median of 20.70, IPA Investment Group JSC 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.70, based on 776 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. IPA Investment Group JSC's current Pretax Margin % of 82.51% is 298.7% 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 IPA Investment Group JSC and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPA Investment Group JSC's current Pretax Margin % is 82.51%, which is near median its own 10-year median of 83.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPA Investment Group JSC stock overvalued right now?
Based on GuruFocus' analysis, IPA Investment Group JSC (HSTC:IPA) is currently considered Possible Value Trap. The stock's GF Value™ is ₫23,275.23, compared to a current price of ₫15,200.00 — trading 34.7% below its estimated fair value. The current Pretax Margin % is 82.51%, which is near median its 10-year median of 83.21 and 298.7% above the Capital Markets industry median of 20.70. IPA Investment Group JSC's overall GF Score™ is 85/100 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 IPA Investment Group JSC (HSTC:IPA), the current Pretax Margin % is 82.51% 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.
Is IPA Investment Group JSC (HSTC:IPA) Overvalued in 2026?
Based on GuruFocus' analysis, IPA Investment Group JSC stock appears to be undervalued.
The current stock price of ₫15,200.00 is trading 34.7% below its estimated GF Value™ of ₫23,275.23.
GuruFocus considers IPA Investment Group JSC to be Possible Value Trap.
Key valuation signals for HSTC:IPA:
Pretax Margin %: 82.51% (near median its 10-year median of 83.21)
GF Value™: ₫23,275.23 vs. price of ₫15,200.00 (34.7% below fair value)
Industry Position: 298.7% above the Capital Markets median (#46 of 776)
No single metric tells the full story. See the HSTC:IPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPA Investment Group JSC is a multi-sector investment group building and operating a business ecosystem under the Capability Bank model. It operates diversified business lines directly and/or through subsidiaries, associated companies, and enterprises within the IPA Group ecosystem in Vietnam. The Group's operating business segments are: Financial Services, Investment, Commercial electricity production, Business solutions, F&B, and Others: other services, real estate, goods, etc. The majority of its revenue is derived from its Business solutions and Commercial electricity production segments. These segments offer technology and digital solutions to businesses and engage in construction investment, power facilities development, and the trading of commercial electricity.
85GF Score
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