SEALSQLAES -2.85%40 Pretax Margin % is -105.83% as of Dec. 2025. GuruFocus rates LAES with a GF Score™ of 40/100 and a GF Value™ of $0.33 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,023 Semiconductors companies, SEALSQ ranks worse than 96.68% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SEALSQ's Pre-Tax Income for the
six
months ended in Dec. 2025 was $-14.21 Mil. SEALSQ's Revenue for the
six
months ended in Dec. 2025 was $13.43 Mil. Therefore, SEALSQ's pretax margin for the quarter that ended in Dec. 2025 was -105.83%.
The historical rank and industry rank for SEALSQ's Pretax Margin % or its related term are showing as below:
LAES'
s Pretax Margin % Range Over the Past 10 Years
Min: -187.42 Med: -46.3 Max: 10.88
Current: -187.42
LAES's Pretax Margin % is ranked worse than 96.68% of 1023
companies
in the Semiconductors industry
Industry Median: 5.08
vs LAES: -187.42
SEALSQ (NAS:LAES) 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.
SEALSQ Pretax Margin % Related Terms
SEALSQ Pretax Margin % Historical Data
* Premium members only.
The historical data trend for SEALSQ'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.
LAES vs MRAM, INDI, NVEC: Pretax Margin % Comparison
For the Semiconductors subindustry, SEALSQ'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.
SEALSQ Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SEALSQ's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where SEALSQ'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.
SEALSQ (LAES) has a Pretax Margin % of -105.83% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on SEALSQ and its competitors. According to the industry distribution chart, SEALSQ ranks #989 out of 1023 companies in the Semiconductors industry, placing it in the top 96.7%.
Is SEALSQ's Pretax Margin % too high?
SEALSQ's current Pretax Margin % is -105.83%. Based on the distribution chart, SEALSQ ranks #989 out of 1023 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, SEALSQ has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SEALSQ's Pretax Margin % compare to MRAM and INDI?
According to the Semiconductors industry distribution chart, SEALSQ ranks #989 out of 1023 companies for Pretax Margin %. This places SEALSQ in the lower half of its industry. The industry median Pretax Margin % is 5.08. 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.08, based on 1,023 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 SEALSQ and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SEALSQ's current Pretax Margin % is -105.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEALSQ stock overvalued right now?
Based on GuruFocus' analysis, SEALSQ (LAES) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.33, compared to a current price of $3.23 — trading 878.8% above its estimated fair value. The current Pretax Margin % is -105.83%. SEALSQ's overall GF Score™ is 40/100 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 SEALSQ (LAES), the current Pretax Margin % is -105.83% 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 SEALSQ (LAES) Overvalued in 2026?
Based on GuruFocus' analysis, SEALSQ stock appears to be overvalued.
The current stock price of $3.23 is trading 878.8% above its estimated GF Value™ of $0.33.
GuruFocus considers SEALSQ to be Significantly Overvalued.
Key valuation signals for LAES:
Pretax Margin %: -105.83%
GF Value™: $0.33 vs. price of $3.23 (878.8% above fair value)
No single metric tells the full story. See the LAES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SEALSQ Corp develops certified secure microcontrollers and implements post-quantum cryptography. The company develops solutions including post-quantum microchips and devices that can be used in a variety of applications, from multi-factor authentication, home automation, and IT network infrastructure to automotive, industrial automation, and control systems. The company's vaultIC range offers a set of ready-to-use secure elements designed to implement embedded security for any kind of device with fast time-to-market and high flexibility. The company's products include VaultIC155, VaultIV18x, VaultIC292, and VaultIC40x. The company generates a majority of its revenue from North America, while it also has its presence in Europe, Middle East & Africa, Asia Pacific, and Latin America.
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