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KT&GLUX:KT&GC 91 Pretax Margin % is 29.84% as of Mar. 2026, which is 5% above its 10-year median of 28.48. GuruFocus rates LUX:KT&GC with a GF Score™ of 91/100 and a GF Value™ of $23.37. The stock has 7 warning signs investors should review. Among 48 Tobacco Products companies, KT&G ranks better than 68.75% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. KT&G's Pre-Tax Income for the
three
months ended in Mar. 2026 was $341 Mil. KT&G's Revenue for the
three
months ended in Mar. 2026 was $1,143 Mil. Therefore, KT&G's pretax margin for the quarter that ended in Mar. 2026 was 29.84%.
The historical rank and industry rank for KT&G's Pretax Margin % or its related term are showing as below:
LUX:KT&GC'
s Pretax Margin % Range Over the Past 10 Years
Min: 21.29 Med: 28.48 Max: 35.14
Current: 23.94
LUX:KT&GC's Pretax Margin % is ranked better than 68.75% of 48
companies
in the Tobacco Products industry
Industry Median: 9.615
vs LUX:KT&GC: 23.94
KT&G (LUX:KT&GC) 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.
KT&G Pretax Margin % Related Terms
KT&G Pretax Margin % Historical Data
* Premium members only.
The historical data trend for KT&G'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.
LUX:KT&GC vs PM, MO, TPB: Pretax Margin % Comparison
For the Tobacco subindustry, KT&G'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.
KT&G Pretax Margin % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, KT&G's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where KT&G'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.
KT&G (LUX:KT&GC) has a Pretax Margin % of 29.84% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on KT&G and its competitors. This is near median its historical median of 28.48. Over the past decade, KT&G's Pretax Margin % has ranged from 21.29 to 35.14. According to the industry distribution chart, KT&G ranks #15 out of 48 companies in the Tobacco Products industry, placing it in the top 31.2%.
Is KT&G's Pretax Margin % too high?
KT&G's current Pretax Margin % of 29.84% is near median its 10-year median of 28.48. Over the past 10 years, this metric has ranged from a low of 21.29 to a high of 35.14. The Tobacco Products industry median Pretax Margin % is 9.62. KT&G's value of 29.84% is 210.3% above this industry median. Based on the distribution chart, KT&G ranks #15 out of 48 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, KT&G has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does KT&G's Pretax Margin % compare to PM and MO?
According to the Tobacco Products industry distribution chart, KT&G ranks #15 out of 48 companies for Pretax Margin %. This puts KT&G in the upper half of its industry. The industry median Pretax Margin % is 9.62. KT&G's value of 29.84% is 210.3% above this benchmark. Historically, KT&G's own Pretax Margin % has ranged from 21.29 to 35.14 over the past decade. While the company's 10-year median is 28.48 vs. the industry median of 9.62, KT&G 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 Tobacco Products company?
The median Pretax Margin % among Tobacco Products companies is 9.62, based on 48 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. KT&G's current Pretax Margin % of 29.84% is 210.3% 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 KT&G and its competitors. For the Tobacco Products industry, the median Pretax Margin % is 9.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KT&G's current Pretax Margin % is 29.84%, which is near median its own 10-year median of 28.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KT&G stock overvalued right now?
KT&G (LUX:KT&GC) has a current Pretax Margin % of 29.84%. The stock's GF Value™ is $23.37, compared to a current price of $31.80 — trading 36.1% above its estimated fair value. The current Pretax Margin % is 29.84%, which is near median its 10-year median of 28.48 and 210.3% above the Tobacco Products industry median of 9.62. KT&G's overall GF Score™ is 91/100 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 KT&G (LUX:KT&GC), the current Pretax Margin % is 29.84% 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 KT&G (LUX:KT&GC) Overvalued in 2026?
Based on GuruFocus' analysis, KT&G stock appears to be overvalued.
The current stock price of $31.80 is trading 36.1% above its estimated GF Value™ of $23.37.
Key valuation signals for LUX:KT&GC:
Pretax Margin %: 29.84% (near median its 10-year median of 28.48)
GF Value™: $23.37 vs. price of $31.80 (36.1% above fair value)
Industry Position: 210.3% above the Tobacco Products median (#15 of 48)
No single metric tells the full story. See the LUX:KT&GC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KT&G Corp manufactures and sells tobacco products in South Korea. Its flagship cigarette brand is Esse. Other brands include This, The One, Bohem, and Raison. The company has four reportable divisions: Tobacco Business, Ginseng Business, Real Estate Business, and Other Business divisions. The Tobacco division handles tobacco manufacturing and sales, the Ginseng division focuses on manufacturing and sales of red ginseng products, the Real Estate division engages in real estate sales and rental activities, and the Other Business division includes manufacturing and sales of pharmaceuticals and cosmetics. It generates the majority of its revenue from the Tobacco Business.
91GF Score
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