ITCFY (Investec) Pretax Margin %: 43.59% (As of Mar. 2026) — Near Median


ITCFY Investec Ltd ITCFY
67 GF Score
Price $18.15
GF Value $20.25
Valuation Fairly Valued
! 4 Warning Signs
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What is Investec Pretax Margin %?

Investec ITCFY 67 Pretax Margin % is 43.59% as of Mar. 2026, which is 2% below its 10-year median of 44.68. GuruFocus rates ITCFY with a GF Score™ of 67/100 and a GF Value™ of $20.25 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,530 Banks companies, Investec ranks better than 74.51% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Investec's Pre-Tax Income for the six months ended in Mar. 2026 was $335 Mil. Investec's Revenue for the six months ended in Mar. 2026 was $769 Mil. Therefore, Investec's pretax margin for the quarter that ended in Mar. 2026 was 43.59%.

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

ITCFY' s Pretax Margin % Range Over the Past 10 Years
Min: 32.82   Med: 44.68   Max: 47.92
Current: 45.07


ITCFY's Pretax Margin % is ranked better than
74.51% of 1530 companies
in the Banks industry
Industry Median: 34.715 vs ITCFY: 45.07

Investec  (OTCPK:ITCFY) 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.


Investec Pretax Margin % Related Terms


Investec Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Investec'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.

Investec Pretax Margin % Chart

Investec Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.92 46.96 41.32 45.67 45.07

Investec Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 40.05 48.46 42.66 46.63 43.59

ITCFY vs PNC, USB: Pretax Margin % Comparison

For the Banks - Regional subindustry, Investec'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.


Investec Pretax Margin % vs Banks Industry

For the Banks industry and Financial Services sector, Investec's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Investec's Pretax Margin % falls into.


ITCFY
67GF Score
Investec Ltd ITCFY
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Investec 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.

Investec's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=675.427/1498.74
=45.07 %

Investec'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 )
=335.296/769.281
=43.59 %

* 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 43.59% mean?
Investec (ITCFY) has a Pretax Margin % of 43.59% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Investec and its competitors. This is near median its historical median of 44.68. Over the past decade, Investec's Pretax Margin % has ranged from 32.82 to 47.92. According to the industry distribution chart, Investec ranks #390 out of 1530 companies in the Banks industry, placing it in the top 25.5%.
Is Investec's Pretax Margin % too high?
Investec's current Pretax Margin % of 43.59% is near median its 10-year median of 44.68. Over the past 10 years, this metric has ranged from a low of 32.82 to a high of 47.92. The Banks industry median Pretax Margin % is 34.72. Investec's value of 43.59% is 25.6% above this industry median. Based on the distribution chart, Investec ranks #390 out of 1530 companies in the Banks industry, which is above the industry midpoint. Overall, Investec has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Investec's Pretax Margin % compare to PNC and USB?
According to the Banks industry distribution chart, Investec ranks #390 out of 1530 companies for Pretax Margin %. This puts Investec in the upper half of its industry. The industry median Pretax Margin % is 34.72. Investec's value of 43.59% is 25.6% above this benchmark. Historically, Investec's own Pretax Margin % has ranged from 32.82 to 47.92 over the past decade. While the company's 10-year median is 44.68 vs. the industry median of 34.72, Investec 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 Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,530 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. Investec's current Pretax Margin % of 43.59% is 25.6% 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 Investec and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Investec's current Pretax Margin % is 43.59%, which is near median its own 10-year median of 44.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investec stock overvalued right now?
Based on GuruFocus' analysis, Investec (ITCFY) is currently considered Fairly Valued. The stock's GF Value™ is $20.25, compared to a current price of $18.15 — trading 10.4% below its estimated fair value. The current Pretax Margin % is 43.59%, which is near median its 10-year median of 44.68 and 25.6% above the Banks industry median of 34.72. Investec'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 Investec (ITCFY), the current Pretax Margin % is 43.59% 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 Investec (ITCFY) Overvalued in 2026?

Based on GuruFocus' analysis, Investec stock appears to be undervalued. The current stock price of $18.15 is trading 10.4% below its estimated GF Value™ of $20.25. GuruFocus considers Investec to be Fairly Valued.

Key valuation signals for ITCFY:

  • Pretax Margin %: 43.59% (near median its 10-year median of 44.68)
  • GF Value™: $20.25 vs. price of $18.15 (10.4% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 25.6% above the Banks median (#390 of 1530)

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


Investec Business Description

Address 100 Grayston Drive, Sandown, Sandton, ZAF, 2196
Investec Ltd offers specialist banking and wealth & investment services. It provides Investment advisory services, financial planning, stockbroking, lending, treasury solutions, transactional banking, investment activities, and deposit-raising activities.
67GF Score

Get the complete analysis for ITCFY

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

$18.15
Price
$20.25
GF Value