Hera SpAMEX:HERN 56 Pretax Margin % is 6.67% as of Mar. 2026, which is 13% above its 10-year median of 5.89. GuruFocus rates MEX:HERN with a GF Score™ of 56/100 and a GF Value™ of MXN70.12 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 501 Utilities - Regulated companies, Hera SpA ranks worse than 71.86% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hera SpA's Pre-Tax Income for the
three
months ended in Mar. 2026 was MXN4,889 Mil. Hera SpA's Revenue for the
three
months ended in Mar. 2026 was MXN73,332 Mil. Therefore, Hera SpA's pretax margin for the quarter that ended in Mar. 2026 was 6.67%.
The historical rank and industry rank for Hera SpA's Pretax Margin % or its related term are showing as below:
MEX:HERN'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.06 Med: 5.89 Max: 7.64
Current: 5.85
MEX:HERN's Pretax Margin % is ranked worse than 71.86% of 501
companies
in the Utilities - Regulated industry
Industry Median: 12.12
vs MEX:HERN: 5.85
Hera SpA (MEX:HERN) 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.
Hera SpA Pretax Margin % Related Terms
Hera SpA Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Hera 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.
For the Utilities - Diversified subindustry, Hera 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.
Hera SpA Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hera SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hera 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.
Hera SpA (MEX:HERN) has a Pretax Margin % of 6.67% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hera SpA and its competitors. This is 13% above median its historical median of 5.89. Over the past decade, Hera SpA's Pretax Margin % has ranged from 2.06 to 7.64. According to the industry distribution chart, Hera SpA ranks #360 out of 501 companies in the Utilities - Regulated industry, placing it in the top 71.9%.
Is Hera SpA's Pretax Margin % too high?
Hera SpA's current Pretax Margin % of 6.67% is 13% above median its 10-year median of 5.89. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 7.64. The Utilities - Regulated industry median Pretax Margin % is 12.12. Hera SpA's value of 6.67% is 45% below this industry median. Based on the distribution chart, Hera SpA ranks #360 out of 501 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Hera SpA has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hera SpA's Pretax Margin % compare to SRE?
According to the Utilities - Regulated industry distribution chart, Hera SpA ranks #360 out of 501 companies for Pretax Margin %. This places Hera SpA in the lower half of its industry. The industry median Pretax Margin % is 12.12. Hera SpA's value of 6.67% is 45% below this benchmark. Historically, Hera SpA's own Pretax Margin % has ranged from 2.06 to 7.64 over the past decade. While the company's 10-year median is 5.89 vs. the industry median of 12.12, Hera SpA has consistently been below 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 an Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.12, based on 501 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. Hera SpA's current Pretax Margin % of 6.67% is 45% below 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 Hera SpA and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hera SpA's current Pretax Margin % is 6.67%, which is 13% above median its own 10-year median of 5.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hera SpA stock overvalued right now?
Based on GuruFocus' analysis, Hera SpA (MEX:HERN) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN70.12, compared to a current price of MXN81.23 — trading 15.8% above its estimated fair value. The current Pretax Margin % is 6.67%, which is 13% above median its 10-year median of 5.89 and 45% below the Utilities - Regulated industry median of 12.12. Hera SpA's overall GF Score™ is 56/100 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 Hera SpA (MEX:HERN), the current Pretax Margin % is 6.67% 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 Hera SpA (MEX:HERN) Overvalued in 2026?
Based on GuruFocus' analysis, Hera SpA stock appears to be overvalued.
The current stock price of MXN81.23 is trading 15.8% above its estimated GF Value™ of MXN70.12.
GuruFocus considers Hera SpA to be Modestly Overvalued.
Key valuation signals for MEX:HERN:
Pretax Margin %: 6.67% (13% above median its 10-year median of 5.89)
GF Value™: MXN70.12 vs. price of MXN81.23 (15.8% above fair value)
Industry Position: 45% below the Utilities - Regulated median (#360 of 501)
No single metric tells the full story. See the MEX:HERN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hera SpA is an Italian coalescence of municipally owned companies that manages the supply of energy, water and environmental services, as well as public lighting and telecommunications to citizens and businesses. The company operates mainly in Italy in the waste management (waste management and treatment), water (aqueduct, sewerage and purification) and energy (distribution and sale of electricity, gas and energy services) sectors; it also offers services for public lighting and telecommunications.
56GF Score
Get the complete analysis for MEX:HERN
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:HERN has been successfully added to your 
