Adcorp HoldingsJSE:ADR +3.12%62 Pretax Margin % is 1.50% as of Feb. 2026, which is 79% above its 10-year median of 0.84. GuruFocus rates JSE:ADR with a GF Score™ of 62/100 and a GF Value™ of R4.60 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,074 Business Services companies, Adcorp Holdings ranks worse than 70.39% on this metric.
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.
Adcorp Holdings Pretax Margin % Related Terms
Adcorp Holdings Pretax Margin % Historical Data
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The historical data trend for Adcorp Holdings'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.
JSE:ADR vs KFY, RHI, TNET: Pretax Margin % Comparison
For the Staffing & Employment Services subindustry, Adcorp Holdings'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.
Adcorp Holdings Pretax Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Adcorp Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Adcorp Holdings'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.
Adcorp Holdings (JSE:ADR) has a Pretax Margin % of 1.50% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Adcorp Holdings and its competitors. This is 79% above median its historical median of 0.84. According to the industry distribution chart, Adcorp Holdings ranks #756 out of 1074 companies in the Business Services industry, placing it in the top 70.4%.
Is Adcorp Holdings' Pretax Margin % too high?
Adcorp Holdings' current Pretax Margin % of 1.50% is 79% above median its 10-year median of 0.84. The Business Services industry median Pretax Margin % is 5.33. Adcorp Holdings' value of 1.50% is 71.8% below this industry median. Based on the distribution chart, Adcorp Holdings ranks #756 out of 1074 companies in the Business Services industry, which is below the industry midpoint. Overall, Adcorp Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adcorp Holdings' Pretax Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, Adcorp Holdings ranks #756 out of 1074 companies for Pretax Margin %. This places Adcorp Holdings in the lower half of its industry. The industry median Pretax Margin % is 5.33. Adcorp Holdings' value of 1.50% is 71.8% below this benchmark. While the company's 10-year median is 0.84 vs. the industry median of 5.33, Adcorp Holdings 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 Business Services company?
The median Pretax Margin % among Business Services companies is 5.33, based on 1,074 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. Adcorp Holdings's current Pretax Margin % of 1.50% is 71.8% 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 Adcorp Holdings and its competitors. For the Business Services industry, the median Pretax Margin % is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adcorp Holdings's current Pretax Margin % is 1.50%, which is 79% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adcorp Holdings (JSE:ADR) is currently considered Significantly Overvalued. The stock's GF Value™ is R4.60, compared to a current price of R6.60 — trading 43.5% above its estimated fair value. The current Pretax Margin % is 1.50%, which is 79% above median its 10-year median of 0.84 and 71.8% below the Business Services industry median of 5.33. Adcorp Holdings' overall GF Score™ is 62/100 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 Adcorp Holdings (JSE:ADR), the current Pretax Margin % is 1.50% as of Feb. 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 Adcorp Holdings (JSE:ADR) Overvalued in 2026?
Based on GuruFocus' analysis, Adcorp Holdings stock appears to be overvalued.
The current stock price of R6.60 is trading 43.5% above its estimated GF Value™ of R4.60.
GuruFocus considers Adcorp Holdings to be Significantly Overvalued.
Key valuation signals for JSE:ADR:
Pretax Margin %: 1.50% (79% above median its 10-year median of 0.84)
GF Value™: R4.60 vs. price of R6.60 (43.5% above fair value)
Industry Position: 71.8% below the Business Services median (#756 of 1074)
No single metric tells the full story. See the JSE:ADR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adcorp Holdings Ltd is engaged in providing workplace solutions. The company renders services in the fields of permanent recruitment and flexible staffing sectors, professional IT services, as well as the provision of business process outsourcing, training, and financial services. Its operating segments are Contingent staffing, Professional Services, Business support. and Contingent staffing Australia. The geographical segments are South Africa and International.
62GF Score
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