Jardine Matheson HoldingsLSE:JAR 69 Pretax Margin % is 14.26% as of Dec. 2025, which is 23% above its 10-year median of 11.60. GuruFocus rates LSE:JAR with a GF Score™ of 69/100 and a GF Value™ of $41.68 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 550 Conglomerates companies, Jardine Matheson Holdings ranks better than 70% on this metric.
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.
Jardine Matheson Holdings Pretax Margin % Related Terms
Jardine Matheson Holdings Pretax Margin % Historical Data
* 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 Conglomerates subindustry, Jardine Matheson Holdings'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.
Jardine Matheson Holdings Pretax Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Jardine Matheson Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Jardine Matheson Holdings'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.
Jardine Matheson Holdings (LSE:JAR) has a Pretax Margin % of 14.26% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Jardine Matheson Holdings and its competitors. This is 23% above median its historical median of 11.60. According to the industry distribution chart, Jardine Matheson Holdings ranks #165 out of 550 companies in the Conglomerates industry, placing it in the top 30%.
Is Jardine Matheson Holdings' Pretax Margin % too high?
Jardine Matheson Holdings' current Pretax Margin % of 14.26% is 23% above median its 10-year median of 11.60. The Conglomerates industry median Pretax Margin % is 6.57. Jardine Matheson Holdings' value of 14.26% is 117% above this industry median. Based on the distribution chart, Jardine Matheson Holdings ranks #165 out of 550 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Jardine Matheson Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jardine Matheson Holdings' Pretax Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Jardine Matheson Holdings ranks #165 out of 550 companies for Pretax Margin %. This puts Jardine Matheson Holdings in the upper half of its industry. The industry median Pretax Margin % is 6.57. Jardine Matheson Holdings' value of 14.26% is 117% above this benchmark. While the company's 10-year median is 11.60 vs. the industry median of 6.57, Jardine Matheson Holdings 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 550 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. Jardine Matheson Holdings's current Pretax Margin % of 14.26% is 117% 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 Jardine Matheson Holdings 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. Jardine Matheson Holdings's current Pretax Margin % is 14.26%, which is 23% above median its own 10-year median of 11.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jardine Matheson Holdings stock overvalued right now?
Based on GuruFocus' analysis, Jardine Matheson Holdings (LSE:JAR) is currently considered Significantly Overvalued. The stock's GF Value™ is $41.68, compared to a current price of $62.50 — trading 50% above its estimated fair value. The current Pretax Margin % is 14.26%, which is 23% above median its 10-year median of 11.60 and 117% above the Conglomerates industry median of 6.57. Jardine Matheson Holdings' overall GF Score™ is 69/100 with 3 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 Jardine Matheson Holdings (LSE:JAR), the current Pretax Margin % is 14.26% 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 Jardine Matheson Holdings (LSE:JAR) Overvalued in 2026?
Based on GuruFocus' analysis, Jardine Matheson Holdings stock appears to be overvalued.
The current stock price of $62.50 is trading 50% above its estimated GF Value™ of $41.68.
GuruFocus considers Jardine Matheson Holdings to be Significantly Overvalued.
Key valuation signals for LSE:JAR:
Pretax Margin %: 14.26% (23% above median its 10-year median of 11.60)
GF Value™: $41.68 vs. price of $62.50 (50% above fair value)
Industry Position: 117% above the Conglomerates median (#165 of 550)
No single metric tells the full story. See the LSE:JAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jardine Matheson Holdings Ltd is a conglomerate of businesses operating in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, key businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.
69GF Score
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