KPELF (Keppel) Pretax Margin %: 23.93% (As of Dec. 2025) — 41% Above Median


KPELF Keppel Ltd KPELF
69 GF Score
Price $8.21
GF Value $4.71
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Keppel Pretax Margin %?

Keppel KPELF -2.32% 69 Pretax Margin % is 23.93% as of Dec. 2025, which is 41% above its 10-year median of 16.98. GuruFocus rates KPELF with a GF Score™ of 69/100 and a GF Value™ of $4.71 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 549 Conglomerates companies, Keppel ranks better than 84.7% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Keppel's Pre-Tax Income for the six months ended in Dec. 2025 was $614 Mil. Keppel's Revenue for the six months ended in Dec. 2025 was $2,566 Mil. Therefore, Keppel's pretax margin for the quarter that ended in Dec. 2025 was 23.93%.

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

KPELF' s Pretax Margin % Range Over the Past 10 Years
Min: -3.87   Med: 16.98   Max: 24.37
Current: 20.9


KPELF's Pretax Margin % is ranked better than
84.7% of 549 companies
in the Conglomerates industry
Industry Median: 6.57 vs KPELF: 20.90

Keppel  (OTCPK:KPELF) 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.


Keppel Pretax Margin % Related Terms


Keppel Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Keppel'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.

Keppel Pretax Margin % Chart

Keppel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.37 16.54 17.42 18.06 22.02

Keppel Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 18.80 13.45 21.79 17.61 23.93

KPELF vs HON, MMM: Pretax Margin % Comparison

For the Conglomerates subindustry, Keppel'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.


Keppel Pretax Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Keppel's Pretax Margin % distribution charts can be found below:

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


KPELF
69GF Score
Keppel Ltd KPELF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Keppel 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.

Keppel'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 )
=1020.6/4635.459
=22.02 %

Keppel's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=614.242/2566.455
=23.93 %

* 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 23.93% mean?
Keppel (KPELF) has a Pretax Margin % of 23.93% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Keppel and its competitors. This is 41% above median its historical median of 16.98. According to the industry distribution chart, Keppel ranks #84 out of 549 companies in the Conglomerates industry, placing it in the top 15.3%.
Is Keppel's Pretax Margin % too high?
Keppel's current Pretax Margin % of 23.93% is 41% above median its 10-year median of 16.98. The Conglomerates industry median Pretax Margin % is 6.57. Keppel's value of 23.93% is 264.2% above this industry median. Based on the distribution chart, Keppel ranks #84 out of 549 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Keppel has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keppel's Pretax Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Keppel ranks #84 out of 549 companies for Pretax Margin %. This places Keppel in the top 15% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.57. Keppel's value of 23.93% is 264.2% above this benchmark. While the company's 10-year median is 16.98 vs. the industry median of 6.57, Keppel 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 Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.57, based on 549 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. Keppel's current Pretax Margin % of 23.93% is 264.2% 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 Keppel and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keppel's current Pretax Margin % is 23.93%, which is 41% above median its own 10-year median of 16.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel stock overvalued right now?
Based on GuruFocus' analysis, Keppel (KPELF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.71, compared to a current price of $8.21 — trading 74.2% above its estimated fair value. The current Pretax Margin % is 23.93%, which is 41% above median its 10-year median of 16.98 and 264.2% above the Conglomerates industry median of 6.57. Keppel's overall GF Score™ is 69/100 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 Keppel (KPELF), the current Pretax Margin % is 23.93% 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 Keppel (KPELF) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel stock appears to be overvalued. The current stock price of $8.21 is trading 74.2% above its estimated GF Value™ of $4.71. GuruFocus considers Keppel to be Significantly Overvalued.

Key valuation signals for KPELF:

  • Pretax Margin %: 23.93% (41% above median its 10-year median of 16.98)
  • GF Value™: $4.71 vs. price of $8.21 (74.2% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 264.2% above the Conglomerates median (#84 of 549)

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


Keppel Business Description

Address 1 HarbourFront Avenue, No 18-01, Keppel Bay Tower, Singapore, SGP, 098632
Singapore-based Keppel is an alternative asset manager and operator with SGD 95 billion of funds under management as of the end of December 2025. The group's key segments are infrastructure, real estate, and connectivity (including telecommunication services and operation of data centers). Most of its earnings are derived from its infrastructure segment, where it invests and operates in a portfolio of infrastructure assets. The group also has a fund management platform comprising listed and unlisted investment trusts that generates recurring fee income.
69GF Score

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

$8.21
Price
$4.71
GF Value