Cerved Group SpA (MEX:CERVN) Pretax Margin %: -1.35% (As of Sep. 2021)


What is Cerved Group SpA Pretax Margin %?

Cerved Group SpA MEX:CERVN 8 Pretax Margin % is -1.35% as of Sep. 2021. GuruFocus rates MEX:CERVN with a GF Score™ of 8/100. The stock has 8 warning signs investors should review.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cerved Group SpA's Pre-Tax Income for the three months ended in Sep. 2021 was MXN-35.71 Mil. Cerved Group SpA's Revenue for the three months ended in Sep. 2021 was MXN2,653.13 Mil. Therefore, Cerved Group SpA's pretax margin for the quarter that ended in Sep. 2021 was -1.35%.

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

MEX:CERVN' s Pretax Margin % Range Over the Past 10 Years
Min: -0.49   Med: 11.47   Max: 24.41
Current: 9.13


MEX:CERVN's Pretax Margin % is not ranked
in the Capital Markets industry.
Industry Median: 20.36 vs MEX:CERVN: 9.13

Cerved Group SpA  (MEX:CERVN) 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.


Cerved Group SpA Pretax Margin % Related Terms


Cerved Group SpA Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Cerved Group 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.

Cerved Group SpA Pretax Margin % Chart

Cerved Group SpA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.03 21.55 24.41 16.42 11.30

Cerved Group SpA Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 16.58 4.73 22.80 9.54 -1.35

MEX:CERVN vs VALU: Pretax Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, Cerved Group 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.


Cerved Group SpA Pretax Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cerved Group SpA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cerved Group SpA's Pretax Margin % falls into.



Cerved Group SpA 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.

Cerved Group SpA's Pretax Margin for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=1325.916/11736.256
=11.30 %

Cerved Group SpA's Pretax Margin for the quarter that ended in Sep. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2021 )/Revenue (Q: Sep. 2021 )
=-35.705/2653.127
=-1.35 %

* 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 -1.35% mean?
Cerved Group SpA (MEX:CERVN) has a Pretax Margin % of -1.35% as of Sep. 2021. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Cerved Group SpA and its competitors.
Is Cerved Group SpA's Pretax Margin % too high?
Cerved Group SpA's current Pretax Margin % is -1.35%. Overall, Cerved Group SpA has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cerved Group SpA's Pretax Margin % compare to VALU?
Cerved Group SpA's Pretax Margin % of -1.35% can be compared against companies in the Capital Markets industry. The industry median Pretax Margin % is 20.36. 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.36, based on 777 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 Cerved Group SpA and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerved Group SpA's current Pretax Margin % is -1.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerved Group SpA stock overvalued right now?
Cerved Group SpA (MEX:CERVN) has a current Pretax Margin % of -1.35%. The current Pretax Margin % is -1.35%. Cerved Group SpA's overall GF Score™ is 8/100 with 8 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 Cerved Group SpA (MEX:CERVN), the current Pretax Margin % is -1.35% as of Sep. 2021. 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.

Cerved Group SpA Business Description

Address Via Dell’Unione Europea, 6A, 6B, San Donato Milanese, Milan, ITA, 20097
Cerved Group SpA is a holding company that owns the Cerved Group, an Italian credit information service provider. It operates through three segments. The Risk Management segment, which accounts for the majority of the Cerved Group's revenue, offers products and services that help businesses and financial institutions to assess the credit status of their customers, business counterparties, and potential customers. The Growth Services segment offers information and analyses that help customers to understand the target market and regions, develop businesses, and improve customer satisfaction. The credit management segment assesses and manages troubled receivables and assets. It generates the majority of its revenue from the Italian domestic market.