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IST:BRSAN'
s Pretax Margin % Range Over the Past 10 Years
Min: -0.12 Med: 4.93 Max: 11.77
Current: 3.34
IST:BRSAN's Pretax Margin % is ranked better than 54.5% of 611
companies
in the Steel industry
Industry Median: 2.58
vs IST:BRSAN: 3.34
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) 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.
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Pretax Margin % Related Terms
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS 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.
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Pretax Margin % Chart
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Annual Data
* 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.
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Pretax Margin % vs Steel Industry
* 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.
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) has a Pretax Margin % of 1.89% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS and its competitors. This is 62% below median its historical median of 4.93. According to the industry distribution chart, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS ranks #278 out of 611 companies in the Steel industry, placing it in the top 45.5%.
Is Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Pretax Margin % too high?
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's current Pretax Margin % of 1.89% is 62% below median its 10-year median of 4.93. The Steel industry median Pretax Margin % is 2.58. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's value of 1.89% is 26.7% below this industry median. Based on the distribution chart, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS ranks #278 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS ranks #278 out of 611 companies for Pretax Margin %. This puts Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS in the upper half of its industry. The industry median Pretax Margin % is 2.58. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's value of 1.89% is 26.7% below this benchmark. While the company's 10-year median is 4.93 vs. the industry median of 2.58, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS 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 Steel company?
The median Pretax Margin % among Steel companies is 2.58, based on 611 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. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's current Pretax Margin % of 1.89% is 26.7% 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 Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS and its competitors. For the Steel industry, the median Pretax Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's current Pretax Margin % is 1.89%, which is 62% below median its own 10-year median of 4.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺696.34, compared to a current price of ₺564.00 — trading 19% below its estimated fair value. The current Pretax Margin % is 1.89%, which is 62% below median its 10-year median of 4.93 and 26.7% below the Steel industry median of 2.58. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's overall GF Score™ is 67/100 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 Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN), the current Pretax Margin % is 1.89% 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 Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Overvalued in 2026?
Based on GuruFocus' analysis, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS stock appears to be undervalued.
The current stock price of ₺564.00 is trading 19% below its estimated GF Value™ of ₺696.34.
GuruFocus considers Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS to be Modestly Undervalued.
Key valuation signals for IST:BRSAN:
Pretax Margin %: 1.89% (62% below median its 10-year median of 4.93)
GF Value™: ₺696.34 vs. price of ₺564.00 (19% below fair value)
Industry Position: 26.7% below the Steel median (#278 of 611)
No single metric tells the full story. See the IST:BRSAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Business Description
Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS Formerly Borusan Mannesmann Boru Sanayi ve Ticaret AS is a steel tube and pipes manufacturer. The company's product portfolio includes gas pipes, water pipes, general purpose pipes, OCTG pipes, line pipe, precision tubes, heavy wall welded tubes, first fire protection systems, and easy flow fire protection sprinkler pipes. It provides products for various projects such as The NK1 Oil Pipeline, The Sahdeniz, The Blue Stream, Hungary Gas Pipeline, and TANAP projects. It exports products to various countries in Americas, Europe, Africa and Asia.
67GF Score
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