Internet Initiative JapanIIJIF -3.09%94 Pretax Margin % is 11.05% as of Mar. 2026, which is 40% above its 10-year median of 7.90. GuruFocus rates IIJIF with a GF Score™ of 94/100 and a GF Value™ of $19.66 (Fairly Valued). The stock has 5 warning signs investors should review. Among 365 Telecommunication Services companies, Internet Initiative Japan ranks better than 56.99% on this metric.
The historical rank and industry rank for Internet Initiative Japan's Pretax Margin % or its related term are showing as below:
IIJIF'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.04 Med: 7.9 Max: 10.81
Current: 10.2
IIJIF's Pretax Margin % is ranked better than 56.99% of 365
companies
in the Telecommunication Services industry
Industry Median: 7.63
vs IIJIF: 10.20
Internet Initiative Japan (OTCPK:IIJIF) 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.
Internet Initiative Japan Pretax Margin % Related Terms
Internet Initiative Japan 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.
For the Telecom Services subindustry, Internet Initiative Japan'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.
Internet Initiative Japan Pretax Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Internet Initiative Japan'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.
Internet Initiative Japan (IIJIF) has a Pretax Margin % of 11.05% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Internet Initiative Japan and its competitors. This is 40% above median its historical median of 7.90. Over the past decade, Internet Initiative Japan's Pretax Margin % has ranged from 3.04 to 10.81. According to the industry distribution chart, Internet Initiative Japan ranks #157 out of 365 companies in the Telecommunication Services industry, placing it in the top 43%.
Is Internet Initiative Japan's Pretax Margin % too high?
Internet Initiative Japan's current Pretax Margin % of 11.05% is 40% above median its 10-year median of 7.90. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 10.81. The Telecommunication Services industry median Pretax Margin % is 7.63. Internet Initiative Japan's value of 11.05% is 44.8% above this industry median. Based on the distribution chart, Internet Initiative Japan ranks #157 out of 365 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Internet Initiative Japan has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Internet Initiative Japan's Pretax Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Internet Initiative Japan ranks #157 out of 365 companies for Pretax Margin %. This puts Internet Initiative Japan in the upper half of its industry. The industry median Pretax Margin % is 7.63. Internet Initiative Japan's value of 11.05% is 44.8% above this benchmark. Historically, Internet Initiative Japan's own Pretax Margin % has ranged from 3.04 to 10.81 over the past decade. While the company's 10-year median is 7.90 vs. the industry median of 7.63, Internet Initiative Japan 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 Telecommunication Services company?
The median Pretax Margin % among Telecommunication Services companies is 7.63, based on 365 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. Internet Initiative Japan's current Pretax Margin % of 11.05% is 44.8% 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 Internet Initiative Japan and its competitors. For the Telecommunication Services industry, the median Pretax Margin % is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Internet Initiative Japan's current Pretax Margin % is 11.05%, which is 40% above median its own 10-year median of 7.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internet Initiative Japan stock overvalued right now?
Based on GuruFocus' analysis, Internet Initiative Japan (IIJIF) is currently considered Fairly Valued. The stock's GF Value™ is $19.66, compared to a current price of $18.51 — trading 5.8% below its estimated fair value. The current Pretax Margin % is 11.05%, which is 40% above median its 10-year median of 7.90 and 44.8% above the Telecommunication Services industry median of 7.63. Internet Initiative Japan's overall GF Score™ is 94/100 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 Internet Initiative Japan (IIJIF), the current Pretax Margin % is 11.05% 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 Internet Initiative Japan (IIJIF) Overvalued in 2026?
Based on GuruFocus' analysis, Internet Initiative Japan stock appears to be undervalued.
The current stock price of $18.51 is trading 5.8% below its estimated GF Value™ of $19.66.
GuruFocus considers Internet Initiative Japan to be Fairly Valued.
Key valuation signals for IIJIF:
Pretax Margin %: 11.05% (40% above median its 10-year median of 7.90)
GF Value™: $19.66 vs. price of $18.51 (5.8% below fair value)
Industry Position: 44.8% above the Telecommunication Services median (#157 of 365)
No single metric tells the full story. See the IIJIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.
94GF Score
Get the complete analysis for IIJIF
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
IIJIF has been successfully added to your 
