The historical rank and industry rank for Northcoders Group's Pretax Margin % or its related term are showing as below:
LSE:CODE'
s Pretax Margin % Range Over the Past 10 Years
Min: -92.92 Med: -8.5 Max: 21.1
Current: -59.6
LSE:CODE's Pretax Margin % is ranked worse than 92.55% of 255
companies
in the Education industry
Industry Median: 8.25
vs LSE:CODE: -59.60
Northcoders Group (LSE:CODE) 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.
Northcoders Group Pretax Margin % Related Terms
Northcoders Group Pretax Margin % Historical Data
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The historical data trend for Northcoders Group'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.
LSE:CODE vs EDU, TAL, GHC: Pretax Margin % Comparison
For the Education & Training Services subindustry, Northcoders Group'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.
Northcoders Group Pretax Margin % vs Education Industry
For the Education industry and Consumer Defensive sector, Northcoders Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Northcoders Group'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.
Northcoders Group (LSE:CODE) has a Pretax Margin % of -235.57% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Northcoders Group and its competitors. According to the industry distribution chart, Northcoders Group ranks #236 out of 255 companies in the Education industry, placing it in the top 92.5%.
Is Northcoders Group's Pretax Margin % too high?
Northcoders Group's current Pretax Margin % is -235.57%. Based on the distribution chart, Northcoders Group ranks #236 out of 255 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Northcoders Group has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northcoders Group's Pretax Margin % compare to EDU and TAL?
According to the Education industry distribution chart, Northcoders Group ranks #236 out of 255 companies for Pretax Margin %. This places Northcoders Group in the lower half of its industry. The industry median Pretax Margin % is 8.25. 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 Education company?
The median Pretax Margin % among Education companies is 8.25, based on 255 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 Northcoders Group and its competitors. For the Education industry, the median Pretax Margin % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northcoders Group's current Pretax Margin % is -235.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northcoders Group stock overvalued right now?
Based on GuruFocus' analysis, Northcoders Group (LSE:CODE) is currently considered Possible Value Trap. The stock's GF Value™ is £0.97, compared to a current price of £0.26 — trading 73.7% below its estimated fair value. The current Pretax Margin % is -235.57%. Northcoders Group's overall GF Score™ is 39/100 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 Northcoders Group (LSE:CODE), the current Pretax Margin % is -235.57% 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 Northcoders Group (LSE:CODE) Overvalued in 2026?
Based on GuruFocus' analysis, Northcoders Group stock appears to be undervalued.
The current stock price of £0.26 is trading 73.7% below its estimated GF Value™ of £0.97.
GuruFocus considers Northcoders Group to be Possible Value Trap.
Key valuation signals for LSE:CODE:
Pretax Margin %: -235.57%
GF Value™: £0.97 vs. price of £0.26 (73.7% below fair value)
No single metric tells the full story. See the LSE:CODE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northcoders Group PLC is an independent provider of training programs for software coding. It offers a range of training and software development solutions to individual and corporate customers. Its offering includes bootcamp training courses, government-funded apprenticeships, bespoke training courses, and software development solutions.
39GF Score
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