Seagate Technology HoldingsMEX:STX N 62 Pretax Margin % is 27.76% as of Mar. 2026, which is 147% above its 10-year median of 11.22. GuruFocus rates MEX:STX N with a GF Score™ of 62/100 and a GF Value™ of MXN2,623.48 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,476 Hardware companies, Seagate Technology Holdings ranks better than 94.22% on this metric.
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.
Seagate Technology Holdings Pretax Margin % Related Terms
Seagate Technology Holdings Pretax Margin % Historical Data
* 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:STX N vs WDC, ANET, DELL: Pretax Margin % Comparison
For the Computer Hardware subindustry, Seagate Technology Holdings'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.
Seagate Technology Holdings Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Seagate Technology Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Seagate Technology Holdings'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.
Seagate Technology Holdings (MEX:STX N) has a Pretax Margin % of 27.76% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Seagate Technology Holdings and its competitors. This is 147% above median its historical median of 11.22. According to the industry distribution chart, Seagate Technology Holdings ranks #143 out of 2476 companies in the Hardware industry, placing it in the top 5.8%.
Is Seagate Technology Holdings' Pretax Margin % too high?
Seagate Technology Holdings' current Pretax Margin % of 27.76% is 147% above median its 10-year median of 11.22. The Hardware industry median Pretax Margin % is 3.58. Seagate Technology Holdings' value of 27.76% is 675.4% above this industry median. Based on the distribution chart, Seagate Technology Holdings ranks #143 out of 2476 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Seagate Technology Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seagate Technology Holdings' Pretax Margin % compare to WDC and ANET?
According to the Hardware industry distribution chart, Seagate Technology Holdings ranks #143 out of 2476 companies for Pretax Margin %. This places Seagate Technology Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.58. Seagate Technology Holdings' value of 27.76% is 675.4% above this benchmark. While the company's 10-year median is 11.22 vs. the industry median of 3.58, Seagate Technology Holdings 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,476 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. Seagate Technology Holdings's current Pretax Margin % of 27.76% is 675.4% 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 Seagate Technology Holdings and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seagate Technology Holdings's current Pretax Margin % is 27.76%, which is 147% above median its own 10-year median of 11.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seagate Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Seagate Technology Holdings (MEX:STX N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,623.48, compared to a current price of MXN16,117.50 — trading 514.4% above its estimated fair value. The current Pretax Margin % is 27.76%, which is 147% above median its 10-year median of 11.22 and 675.4% above the Hardware industry median of 3.58. Seagate Technology Holdings' overall GF Score™ is 62/100 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 Seagate Technology Holdings (MEX:STX N), the current Pretax Margin % is 27.76% 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 Seagate Technology Holdings (MEX:STX N) Overvalued in 2026?
Based on GuruFocus' analysis, Seagate Technology Holdings stock appears to be overvalued.
The current stock price of MXN16,117.50 is trading 514.4% above its estimated GF Value™ of MXN2,623.48.
GuruFocus considers Seagate Technology Holdings to be Significantly Overvalued.
Key valuation signals for MEX:STX N:
Pretax Margin %: 27.76% (147% above median its 10-year median of 11.22)
GF Value™: MXN2,623.48 vs. price of MXN16,117.50 (514.4% above fair value)
Industry Position: 675.4% above the Hardware median (#143 of 2476)
No single metric tells the full story. See the MEX:STX N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seagate Technology is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
62GF Score
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