Benefit Systems (LTS:0Q3J) Pretax Margin %: 20.91% (As of Mar. 2026) — 67% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

LTS:0Q3J Benefit Systems SA LTS:0Q3J
94 GF Score
Price zł4,500.00
GF Value zł4,607.95
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Benefit Systems Pretax Margin %?

Benefit Systems LTS:0Q3J 94 Pretax Margin % is 20.91% as of Mar. 2026, which is 67% above its 10-year median of 12.54. GuruFocus rates LTS:0Q3J with a GF Score™ of 94/100 and a GF Value™ of zł4,607.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 841 Travel & Leisure companies, Benefit Systems ranks better than 78.83% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Benefit Systems's Pre-Tax Income for the three months ended in Mar. 2026 was zł289 Mil. Benefit Systems's Revenue for the three months ended in Mar. 2026 was zł1,384 Mil. Therefore, Benefit Systems's pretax margin for the quarter that ended in Mar. 2026 was 20.91%.

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

LTS:0Q3J' s Pretax Margin % Range Over the Past 10 Years
Min: -8.77   Med: 12.54   Max: 19.95
Current: 18.82


LTS:0Q3J's Pretax Margin % is ranked better than
78.83% of 841 companies
in the Travel & Leisure industry
Industry Median: 6.11 vs LTS:0Q3J: 18.82

Benefit Systems  (LTS:0Q3J) 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.


Benefit Systems Pretax Margin % Related Terms


Benefit Systems Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Benefit Systems'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.

Benefit Systems Pretax Margin % Chart

Benefit Systems 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 -1.79 9.25 19.95 17.67 16.06

Benefit Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.73 16.17 22.30 15.65 20.91

LTS:0Q3J vs AS, HAS, LTH: Pretax Margin % Comparison

For the Leisure subindustry, Benefit Systems'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.


Benefit Systems Pretax Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Benefit Systems's Pretax Margin % distribution charts can be found below:

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


LTS:0Q3J
94GF Score
Benefit Systems SA LTS:0Q3J
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Benefit Systems 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.

Benefit Systems'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 )
=726.36/4522.683
=16.06 %

Benefit Systems's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=289.369/1383.914
=20.91 %

* 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 20.91% mean?
Benefit Systems (LTS:0Q3J) has a Pretax Margin % of 20.91% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Benefit Systems and its competitors. This is 67% above median its historical median of 12.54. According to the industry distribution chart, Benefit Systems ranks #178 out of 841 companies in the Travel & Leisure industry, placing it in the top 21.2%.
Is Benefit Systems' Pretax Margin % too high?
Benefit Systems' current Pretax Margin % of 20.91% is 67% above median its 10-year median of 12.54. The Travel & Leisure industry median Pretax Margin % is 6.11. Benefit Systems' value of 20.91% is 242.2% above this industry median. Based on the distribution chart, Benefit Systems ranks #178 out of 841 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Benefit Systems has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Benefit Systems' Pretax Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Benefit Systems ranks #178 out of 841 companies for Pretax Margin %. This places Benefit Systems in the top 21% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.11. Benefit Systems' value of 20.91% is 242.2% above this benchmark. While the company's 10-year median is 12.54 vs. the industry median of 6.11, Benefit Systems 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 Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.11, based on 841 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. Benefit Systems's current Pretax Margin % of 20.91% is 242.2% 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 Benefit Systems and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Benefit Systems's current Pretax Margin % is 20.91%, which is 67% above median its own 10-year median of 12.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benefit Systems stock overvalued right now?
Based on GuruFocus' analysis, Benefit Systems (LTS:0Q3J) is currently considered Fairly Valued. The stock's GF Value™ is zł4,607.95, compared to a current price of zł4,500.00 — trading 2.3% below its estimated fair value. The current Pretax Margin % is 20.91%, which is 67% above median its 10-year median of 12.54 and 242.2% above the Travel & Leisure industry median of 6.11. Benefit Systems' overall GF Score™ is 94/100 with 5 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 Benefit Systems (LTS:0Q3J), the current Pretax Margin % is 20.91% as of Mar. 2026. 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 Benefit Systems (LTS:0Q3J) Overvalued in 2026?

Based on GuruFocus' analysis, Benefit Systems stock appears to be undervalued. The current stock price of zł4,500.00 is trading 2.3% below its estimated GF Value™ of zł4,607.95. GuruFocus considers Benefit Systems to be Fairly Valued.

Key valuation signals for LTS:0Q3J:

  • Pretax Margin %: 20.91% (67% above median its 10-year median of 12.54)
  • GF Value™: zł4,607.95 vs. price of zł4,500.00 (2.3% below fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 242.2% above the Travel & Leisure median (#178 of 841)

No single metric tells the full story. See the LTS:0Q3J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Benefit Systems Business Description

Other Exchanges BFT:Poland3ZV:Germany
Address European Square 2, Warsaw, POL, 00-844
Benefit Systems SA is Poland based company which is engaged in providing work benefits in the area of sport, recreations, culture and entertainment. Its products portfolio includes MultiSport Plus card, program that allows access to the sport and recreation clubs and multi-purpose facilities as well as Mybenefit, Benefitlunch, Multibilet, Multikafeteria and others.
94GF Score

Get the complete analysis for LTS:0Q3J

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

zł4,500.00
Price
zł4,607.95
GF Value