Rai Way SpALTS:0R40 +0.79%87 Pretax Margin % is 42.11% as of Mar. 2026, which is 6% above its 10-year median of 39.74. GuruFocus rates LTS:0R40 with a GF Score™ of 87/100 and a GF Value™ of €5.66 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,760 Construction companies, Rai Way SpA ranks better than 97.44% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Rai Way SpA's Pre-Tax Income for the
three
months ended in Mar. 2026 was €30.3 Mil. Rai Way SpA's Revenue for the
three
months ended in Mar. 2026 was €72.0 Mil. Therefore, Rai Way SpA's pretax margin for the quarter that ended in Mar. 2026 was 42.11%.
The historical rank and industry rank for Rai Way SpA's Pretax Margin % or its related term are showing as below:
LTS:0R40'
s Pretax Margin % Range Over the Past 10 Years
Min: 29.48 Med: 39.74 Max: 45.41
Current: 43.19
LTS:0R40's Pretax Margin % is ranked better than 97.44% of 1760
companies
in the Construction industry
Industry Median: 5.475
vs LTS:0R40: 43.19
Rai Way SpA (LTS:0R40) 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.
Rai Way SpA Pretax Margin % Related Terms
Rai Way SpA Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Rai Way SpA'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.
LTS:0R40 vs PWR, FIX, EME: Pretax Margin % Comparison
For the Engineering & Construction subindustry, Rai Way SpA'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.
Rai Way SpA Pretax Margin % vs Construction Industry
For the Construction industry and Industrials sector, Rai Way SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Rai Way SpA'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.
Rai Way SpA (LTS:0R40) has a Pretax Margin % of 42.11% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Rai Way SpA and its competitors. This is near median its historical median of 39.74. Over the past decade, Rai Way SpA's Pretax Margin % has ranged from 29.48 to 45.41. According to the industry distribution chart, Rai Way SpA ranks #45 out of 1760 companies in the Construction industry, placing it in the top 2.6%.
Is Rai Way SpA's Pretax Margin % too high?
Rai Way SpA's current Pretax Margin % of 42.11% is near median its 10-year median of 39.74. Over the past 10 years, this metric has ranged from a low of 29.48 to a high of 45.41. The Construction industry median Pretax Margin % is 5.48. Rai Way SpA's value of 42.11% is 669.1% above this industry median. Based on the distribution chart, Rai Way SpA ranks #45 out of 1760 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Rai Way SpA has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rai Way SpA's Pretax Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Rai Way SpA ranks #45 out of 1760 companies for Pretax Margin %. This places Rai Way SpA in the top 3% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.48. Rai Way SpA's value of 42.11% is 669.1% above this benchmark. Historically, Rai Way SpA's own Pretax Margin % has ranged from 29.48 to 45.41 over the past decade. While the company's 10-year median is 39.74 vs. the industry median of 5.48, Rai Way SpA 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 Construction company?
The median Pretax Margin % among Construction companies is 5.48, based on 1,760 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. Rai Way SpA's current Pretax Margin % of 42.11% is 669.1% 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 Rai Way SpA and its competitors. For the Construction industry, the median Pretax Margin % is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rai Way SpA's current Pretax Margin % is 42.11%, which is near median its own 10-year median of 39.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rai Way SpA stock overvalued right now?
Based on GuruFocus' analysis, Rai Way SpA (LTS:0R40) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.66, compared to a current price of €4.78 — trading 15.6% below its estimated fair value. The current Pretax Margin % is 42.11%, which is near median its 10-year median of 39.74 and 669.1% above the Construction industry median of 5.48. Rai Way SpA's overall GF Score™ is 87/100 with 2 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 Rai Way SpA (LTS:0R40), the current Pretax Margin % is 42.11% 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 Rai Way SpA (LTS:0R40) Overvalued in 2026?
Based on GuruFocus' analysis, Rai Way SpA stock appears to be undervalued.
The current stock price of €4.78 is trading 15.6% below its estimated GF Value™ of €5.66.
GuruFocus considers Rai Way SpA to be Modestly Undervalued.
Key valuation signals for LTS:0R40:
Pretax Margin %: 42.11% (near median its 10-year median of 39.74)
GF Value™: €5.66 vs. price of €4.78 (15.6% below fair value)
Industry Position: 669.1% above the Construction median (#45 of 1760)
No single metric tells the full story. See the LTS:0R40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rai Way SpA is an Italy-based company which operates activity of signal transmission and a broadcasting network of RAI group. The services provided by the company include broadcasting services, transmission services, tower Rental Services and network Services. The company serves its customer by providing implementation and management of the main broadcasting processes which include analog and digital, terrestrial and satellite, for audio, video and data signals, television signals through connecting network. The company allows its clients to have the availability of tower and civil infrastructures to install radio transmitters, planning, construction, installation, management of electronic and telecommunications networks. It provides services throughout Italy.
87GF Score
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