Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ferroglobe's Pre-Tax Income for the
three
months ended in Mar. 2026 was MXN-201 Mil. Ferroglobe's Revenue for the
three
months ended in Mar. 2026 was MXN6,271 Mil. Therefore, Ferroglobe's pretax margin for the quarter that ended in Mar. 2026 was -3.21%.
The historical rank and industry rank for Ferroglobe's Pretax Margin % or its related term are showing as below:
MEX:GSMN'
s Pretax Margin % Range Over the Past 10 Years
Min: -25.72 Med: -3.81 Max: 22.78
Current: -8.69
MEX:GSMN's Pretax Margin % is ranked worse than 69.99% of 843
companies
in the Metals & Mining industry
Industry Median: 4.83
vs MEX:GSMN: -8.69
Ferroglobe (MEX:GSMN) 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.
Ferroglobe Pretax Margin % Related Terms
Ferroglobe Pretax Margin % Historical Data
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The historical data trend for Ferroglobe'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.
MEX:GSMN vs NB, TMCR, ALOY: Pretax Margin % Comparison
For the Other Industrial Metals & Mining subindustry, Ferroglobe'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.
Ferroglobe Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ferroglobe's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Ferroglobe'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.
Ferroglobe (MEX:GSMN) has a Pretax Margin % of -3.21% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ferroglobe and its competitors. According to the industry distribution chart, Ferroglobe ranks #590 out of 843 companies in the Metals & Mining industry, placing it in the top 70%.
Is Ferroglobe's Pretax Margin % too high?
Ferroglobe's current Pretax Margin % is -3.21%. Based on the distribution chart, Ferroglobe ranks #590 out of 843 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Ferroglobe has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Ferroglobe's Pretax Margin % compare to NB and TMCR?
According to the Metals & Mining industry distribution chart, Ferroglobe ranks #590 out of 843 companies for Pretax Margin %. This places Ferroglobe in the lower half of its industry. The industry median Pretax Margin % is 4.83. 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 Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.83, based on 843 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 Ferroglobe and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferroglobe's current Pretax Margin % is -3.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferroglobe stock overvalued right now?
Ferroglobe (MEX:GSMN) has a current Pretax Margin % of -3.21%. The stock's GF Value™ is MXN96.12, compared to a current price of MXN83.00 — trading 13.6% below its estimated fair value. The current Pretax Margin % is -3.21%. Ferroglobe's overall GF Score™ is 71/100 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 Ferroglobe (MEX:GSMN), the current Pretax Margin % is -3.21% 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 Ferroglobe (MEX:GSMN) Overvalued in 2026?
Based on GuruFocus' analysis, Ferroglobe stock appears to be undervalued.
The current stock price of MXN83.00 is trading 13.6% below its estimated GF Value™ of MXN96.12.
Key valuation signals for MEX:GSMN:
Pretax Margin %: -3.21%
GF Value™: MXN96.12 vs. price of MXN83.00 (13.6% below fair value)
No single metric tells the full story. See the MEX:GSMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferroglobe PLC provides silicon-based alloys and specialty metals. It produces silicon metal and silicon and manganese-based alloy, serving customers in the specialty chemical, aluminum, solar, steel, and ductile iron foundry industries. The company's operating segments include Canada - Silicon Metals, Canada - Silicon Alloys, U.S. - Silicon Metals, U.S. - Silicon Alloys, Europe - Manganese Alloys, Europe - Silicon Metals, Europe - Silicon Alloys, South Africa - Silicon Metals, South Africa - Silicon Alloys, and Other segments. The primary raw materials the company uses to produce its electrometallurgy products include its coal and quartz mining operations and its silicon metal and ferroalloy production. The firm generates key revenue from Silicon metal and Manganese-based alloys.
71GF Score
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