JseJSEJF 70 Pretax Margin % is 39.54% as of Dec. 2025, which is 8% below its 10-year median of 43.02. GuruFocus rates JSEJF with a GF Score™ of 70/100 and a GF Value™ of $8.32 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 777 Capital Markets companies, Jse ranks better than 71.69% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Jse's Pre-Tax Income for the
six
months ended in Dec. 2025 was $41.1 Mil. Jse's Revenue for the
six
months ended in Dec. 2025 was $104.0 Mil. Therefore, Jse's pretax margin for the quarter that ended in Dec. 2025 was 39.54%.
The historical rank and industry rank for Jse's Pretax Margin % or its related term are showing as below:
JSEJF'
s Pretax Margin % Range Over the Past 10 Years
Min: 39.13 Med: 43.02 Max: 55.83
Current: 42.69
JSEJF's Pretax Margin % is ranked better than 71.69% of 777
companies
in the Capital Markets industry
Industry Median: 20.36
vs JSEJF: 42.69
Jse (OTCPK:JSEJF) 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.
Jse Pretax Margin % Related Terms
Jse Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Jse'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.
JSEJF vs SPGI, CME, MCO: Pretax Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, Jse'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.
Jse Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Jse's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Jse'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.
Jse (JSEJF) has a Pretax Margin % of 39.54% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Jse and its competitors. This is near median its historical median of 43.02. Over the past decade, Jse's Pretax Margin % has ranged from 39.13 to 55.83. According to the industry distribution chart, Jse ranks #220 out of 777 companies in the Capital Markets industry, placing it in the top 28.3%.
Is Jse's Pretax Margin % too high?
Jse's current Pretax Margin % of 39.54% is near median its 10-year median of 43.02. Over the past 10 years, this metric has ranged from a low of 39.13 to a high of 55.83. The Capital Markets industry median Pretax Margin % is 20.36. Jse's value of 39.54% is 94.2% above this industry median. Based on the distribution chart, Jse ranks #220 out of 777 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Jse has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jse's Pretax Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Jse ranks #220 out of 777 companies for Pretax Margin %. This puts Jse in the upper half of its industry. The industry median Pretax Margin % is 20.36. Jse's value of 39.54% is 94.2% above this benchmark. Historically, Jse's own Pretax Margin % has ranged from 39.13 to 55.83 over the past decade. While the company's 10-year median is 43.02 vs. the industry median of 20.36, Jse 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.36, based on 777 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. Jse's current Pretax Margin % of 39.54% is 94.2% 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 Jse and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jse's current Pretax Margin % is 39.54%, which is near median its own 10-year median of 43.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jse stock overvalued right now?
Based on GuruFocus' analysis, Jse (JSEJF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.32, compared to a current price of $9.40 — trading 13% above its estimated fair value. The current Pretax Margin % is 39.54%, which is near median its 10-year median of 43.02 and 94.2% above the Capital Markets industry median of 20.36. Jse's overall GF Score™ is 70/100 with 7 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 Jse (JSEJF), the current Pretax Margin % is 39.54% as of Dec. 2025. 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 Jse (JSEJF) Overvalued in 2026?
Based on GuruFocus' analysis, Jse stock appears to be overvalued.
The current stock price of $9.40 is trading 13% above its estimated GF Value™ of $8.32.
GuruFocus considers Jse to be Modestly Overvalued.
Key valuation signals for JSEJF:
Pretax Margin %: 39.54% (near median its 10-year median of 43.02)
GF Value™: $8.32 vs. price of $9.40 (13% above fair value)
Industry Position: 94.2% above the Capital Markets median (#220 of 777)
No single metric tells the full story. See the JSEJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jse Ltd is a critical service provider to South Africa's financial markets, providing regulated, transparent, and trusted platforms for financial transactions. It is a multi-asset class stock exchange that provides platforms for raising capital and trading in equities, bonds, derivatives, currencies, and commodities, while JSE Clear Proprietary Limited (JSE Clear) provides clearing services for listed derivatives. The Group generates maximum revenue from the provision of capital markets services (comprising primary market, equity trading, colocation fees, equity derivatives trading, etc.), and the rest from post-trade services, JSE Clear, information services, and other sources.
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