NictusJSE:NCS 43 Pretax Margin % is 90.68% as of Mar. 2026, which is 419% above its 10-year median of 17.47. GuruFocus rates JSE:NCS with a GF Score™ of 43/100 and a GF Value™ of R1.17 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,121 Retail - Cyclical companies, Nictus ranks better than 99.2% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nictus's Pre-Tax Income for the
six
months ended in Mar. 2026 was R20.65 Mil. Nictus's Revenue for the
six
months ended in Mar. 2026 was R22.78 Mil. Therefore, Nictus's pretax margin for the quarter that ended in Mar. 2026 was 90.68%.
The historical rank and industry rank for Nictus's Pretax Margin % or its related term are showing as below:
JSE:NCS'
s Pretax Margin % Range Over the Past 10 Years
Min: 6.05 Med: 17.47 Max: 90.17
Current: 90.17
JSE:NCS's Pretax Margin % is ranked better than 99.2% of 1121
companies
in the Retail - Cyclical industry
Industry Median: 3.13
vs JSE:NCS: 90.17
Nictus (JSE:NCS) 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.
Nictus Pretax Margin % Related Terms
Nictus Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Nictus'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:NCS vs CASY, WSM, DKS: Pretax Margin % Comparison
For the Specialty Retail subindustry, Nictus'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.
Nictus Pretax Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nictus'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.
Nictus (JSE:NCS) has a Pretax Margin % of 90.68% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nictus and its competitors. This is 419% above median its historical median of 17.47. Over the past decade, Nictus' Pretax Margin % has ranged from 6.05 to 90.17. According to the industry distribution chart, Nictus ranks #9 out of 1121 companies in the Retail - Cyclical industry, placing it in the top 0.8%.
Is Nictus' Pretax Margin % too high?
Nictus' current Pretax Margin % of 90.68% is 419% above median its 10-year median of 17.47. Over the past 10 years, this metric has ranged from a low of 6.05 to a high of 90.17. The Retail - Cyclical industry median Pretax Margin % is 3.13. Nictus' value of 90.68% is 2797.1% above this industry median. Based on the distribution chart, Nictus ranks #9 out of 1121 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Nictus has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nictus' Pretax Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nictus ranks #9 out of 1121 companies for Pretax Margin %. This places Nictus in the top 1% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.13. Nictus' value of 90.68% is 2797.1% above this benchmark. Historically, Nictus' own Pretax Margin % has ranged from 6.05 to 90.17 over the past decade. While the company's 10-year median is 17.47 vs. the industry median of 3.13, Nictus 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 Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.13, based on 1,121 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. Nictus's current Pretax Margin % of 90.68% is 2797.1% 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 Nictus and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nictus's current Pretax Margin % is 90.68%, which is 419% above median its own 10-year median of 17.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nictus stock overvalued right now?
Based on GuruFocus' analysis, Nictus (JSE:NCS) is currently considered Significantly Overvalued. The stock's GF Value™ is R1.17, compared to a current price of R2.99 — trading 155.6% above its estimated fair value. The current Pretax Margin % is 90.68%, which is 419% above median its 10-year median of 17.47 and 2797.1% above the Retail - Cyclical industry median of 3.13. Nictus' overall GF Score™ is 43/100 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 Nictus (JSE:NCS), the current Pretax Margin % is 90.68% 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 Nictus (JSE:NCS) Overvalued in 2026?
Based on GuruFocus' analysis, Nictus stock appears to be overvalued.
The current stock price of R2.99 is trading 155.6% above its estimated GF Value™ of R1.17.
GuruFocus considers Nictus to be Significantly Overvalued.
Key valuation signals for JSE:NCS:
Pretax Margin %: 90.68% (419% above median its 10-year median of 17.47)
GF Value™: R1.17 vs. price of R2.99 (155.6% above fair value)
Industry Position: 2797.1% above the Retail - Cyclical median (#9 of 1121)
No single metric tells the full story. See the JSE:NCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.
43GF Score
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