Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. KRM22's Pre-Tax Income for the
six
months ended in Dec. 2025 was $-0.75 Mil. KRM22's Revenue for the
six
months ended in Dec. 2025 was $5.08 Mil. Therefore, KRM22's pretax margin for the quarter that ended in Dec. 2025 was -14.69%.
The historical rank and industry rank for KRM22's Pretax Margin % or its related term are showing as below:
KRMCF'
s Pretax Margin % Range Over the Past 10 Years
Min: -421.82 Med: -87.77 Max: -21.08
Current: -28.81
KRMCF's Pretax Margin % is ranked worse than 89.14% of 1575
companies
in the Asset Management industry
Industry Median: 90.32
vs KRMCF: -28.81
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.
KRM22 Pretax Margin % Related Terms
KRM22 Pretax Margin % Historical Data
* Premium members only.
The historical data trend for KRM22'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.
For the Asset Management subindustry, KRM22'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.
KRM22 Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, KRM22's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where KRM22'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.
KRM22 (KRMCF) has a Pretax Margin % of -14.69% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on KRM22 and its competitors. According to the industry distribution chart, KRM22 ranks #1404 out of 1575 companies in the Asset Management industry, placing it in the top 89.1%.
Is KRM22's Pretax Margin % too high?
KRM22's current Pretax Margin % is -14.69%. Based on the distribution chart, KRM22 ranks #1404 out of 1575 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, KRM22 has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does KRM22's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, KRM22 ranks #1404 out of 1575 companies for Pretax Margin %. This places KRM22 in the lower half of its industry. The industry median Pretax Margin % is 90.32. 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 90.32, based on 1,575 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. 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 KRM22 and its competitors. For the Asset Management industry, the median Pretax Margin % is 90.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KRM22's current Pretax Margin % is -14.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KRM22 stock overvalued right now?
KRM22 (KRMCF) has a current Pretax Margin % of -14.69%. The stock's GF Value™ is $0.43, compared to a current price of $0.44 — trading 2.3% above its estimated fair value. The current Pretax Margin % is -14.69%. KRM22's overall GF Score™ is 42/100 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 KRM22 (KRMCF), the current Pretax Margin % is -14.69% 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 KRM22 (KRMCF) Overvalued in 2026?
Based on GuruFocus' analysis, KRM22 stock appears to be overvalued.
The current stock price of $0.44 is trading 2.3% above its estimated GF Value™ of $0.43.
Key valuation signals for KRMCF:
Pretax Margin %: -14.69%
GF Value™: $0.43 vs. price of $0.44 (2.3% above fair value)
No single metric tells the full story. See the KRMCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KRM22 PLC is a closed-ended investment company. The principal activity of the company, along with its subsidiaries, is to develop and invest in risk tools to support enterprise, market, compliance, operational and technology risks. Geographically, the majority of the company's revenue is derived from the USA, followed by the UK, Europe, and the Rest of the world.
42GF Score
Get the complete analysis for KRMCF
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KRMCF has been successfully added to your 
