VBT Yazilim AS (IST:VBTYZ) Pretax Margin %: 9.04% (As of Mar. 2026) — Near Median


IST:VBTYZ VBT Yazilim AS IST:VBTYZ
83 GF Score
Price ₺28.00
GF Value ₺23.29
Valuation Modestly Overvalued
! 6 Warning Signs
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What is VBT Yazilim AS Pretax Margin %?

VBT Yazilim AS IST:VBTYZ -2.10% 83 Pretax Margin % is 9.04% as of Mar. 2026, which is 2% above its 10-year median of 8.87. GuruFocus rates IST:VBTYZ with a GF Score™ of 83/100 and a GF Value™ of ₺23.29 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,823 Software companies, VBT Yazilim AS ranks better than 65.32% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. VBT Yazilim AS's Pre-Tax Income for the three months ended in Mar. 2026 was ₺70 Mil. VBT Yazilim AS's Revenue for the three months ended in Mar. 2026 was ₺774 Mil. Therefore, VBT Yazilim AS's pretax margin for the quarter that ended in Mar. 2026 was 9.04%.

The historical rank and industry rank for VBT Yazilim AS's Pretax Margin % or its related term are showing as below:

IST:VBTYZ' s Pretax Margin % Range Over the Past 10 Years
Min: 1.19   Med: 8.87   Max: 19.76
Current: 8.58


IST:VBTYZ's Pretax Margin % is ranked better than
65.32% of 2823 companies
in the Software industry
Industry Median: 3.54 vs IST:VBTYZ: 8.58

VBT Yazilim AS  (IST:VBTYZ) 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.


VBT Yazilim AS Pretax Margin % Related Terms


VBT Yazilim AS Pretax Margin % Historical Data

* Premium members only.

The historical data trend for VBT Yazilim AS'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.

VBT Yazilim AS Pretax Margin % Chart

VBT Yazilim AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial 19.76 3.13 5.70 1.19 10.36

VBT Yazilim AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.71 -12.92 -17.45 19.37 9.04

IST:VBTYZ vs IBM, ACN, FISV: Pretax Margin % Comparison

For the Information Technology Services subindustry, VBT Yazilim AS'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.


VBT Yazilim AS Pretax Margin % vs Software Industry

For the Software industry and Technology sector, VBT Yazilim AS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where VBT Yazilim AS's Pretax Margin % falls into.


IST:VBTYZ
83GF Score
VBT Yazilim AS IST:VBTYZ
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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VBT Yazilim AS Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

VBT Yazilim AS's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=251.545/2427.624
=10.36 %

VBT Yazilim AS's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=69.991/774.319
=9.04 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 9.04% mean?
VBT Yazilim AS (IST:VBTYZ) has a Pretax Margin % of 9.04% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on VBT Yazilim AS and its competitors. This is near median its historical median of 8.87. Over the past decade, VBT Yazilim AS's Pretax Margin % has ranged from 1.19 to 19.76. According to the industry distribution chart, VBT Yazilim AS ranks #979 out of 2823 companies in the Software industry, placing it in the top 34.7%.
Is VBT Yazilim AS's Pretax Margin % too high?
VBT Yazilim AS's current Pretax Margin % of 9.04% is near median its 10-year median of 8.87. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 19.76. The Software industry median Pretax Margin % is 3.54. VBT Yazilim AS's value of 9.04% is 155.4% above this industry median. Based on the distribution chart, VBT Yazilim AS ranks #979 out of 2823 companies in the Software industry, which is above the industry midpoint. Overall, VBT Yazilim AS has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VBT Yazilim AS's Pretax Margin % compare to IBM and ACN?
According to the Software industry distribution chart, VBT Yazilim AS ranks #979 out of 2823 companies for Pretax Margin %. This puts VBT Yazilim AS in the upper half of its industry. The industry median Pretax Margin % is 3.54. VBT Yazilim AS's value of 9.04% is 155.4% above this benchmark. Historically, VBT Yazilim AS's own Pretax Margin % has ranged from 1.19 to 19.76 over the past decade. While the company's 10-year median is 8.87 vs. the industry median of 3.54, VBT Yazilim AS 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 Software company?
The median Pretax Margin % among Software companies is 3.54, based on 2,823 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. VBT Yazilim AS's current Pretax Margin % of 9.04% is 155.4% 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 VBT Yazilim AS and its competitors. For the Software industry, the median Pretax Margin % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VBT Yazilim AS's current Pretax Margin % is 9.04%, which is near median its own 10-year median of 8.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VBT Yazilim AS stock overvalued right now?
Based on GuruFocus' analysis, VBT Yazilim AS (IST:VBTYZ) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺23.29, compared to a current price of ₺28.00 — trading 20.2% above its estimated fair value. The current Pretax Margin % is 9.04%, which is near median its 10-year median of 8.87 and 155.4% above the Software industry median of 3.54. VBT Yazilim AS's overall GF Score™ is 83/100 with 6 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 VBT Yazilim AS (IST:VBTYZ), the current Pretax Margin % is 9.04% 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 VBT Yazilim AS (IST:VBTYZ) Overvalued in 2026?

Based on GuruFocus' analysis, VBT Yazilim AS stock appears to be overvalued. The current stock price of ₺28.00 is trading 20.2% above its estimated GF Value™ of ₺23.29. GuruFocus considers VBT Yazilim AS to be Modestly Overvalued.

Key valuation signals for IST:VBTYZ:

  • Pretax Margin %: 9.04% (near median its 10-year median of 8.87)
  • GF Value™: ₺23.29 vs. price of ₺28.00 (20.2% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 155.4% above the Software median (#979 of 2823)

No single metric tells the full story. See the IST:VBTYZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VBT Yazilim AS Business Description

Address Icerenkoy Mh. Umut Sk. No:10-12, AND Plaza, K:13 D:57-60, Atasehir, Istanbul, TUR, 34752
VBT Yazilim AS is an information technology company. Its products include E-Transformation Applications, Energy and Utility Applications, Public Applications, Commercial Applications, Application Modernization, BMC Software, IBM, MICRO FOCUS, Jennifer. Its services include Outsource, Training, Consultancy Services, and Modernization.
83GF Score

Get the complete analysis for IST:VBTYZ

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺28.00
Price
₺23.29
GF Value