Tecnicas ReunidasMEX:TREN 65 Pretax Margin % is 1.36% as of Mar. 2026, which is 5% below its 10-year median of 1.43. GuruFocus rates MEX:TREN with a GF Score™ of 65/100 and a GF Value™ of MXN162.43. The stock has 2 warning signs investors should review. Among 1,758 Construction companies, Tecnicas Reunidas ranks worse than 61.83% 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.
Tecnicas Reunidas Pretax Margin % Related Terms
Tecnicas Reunidas Pretax Margin % Historical Data
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The historical data trend for Tecnicas Reunidas'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:TREN vs PWR, FIX, EME: Pretax Margin % Comparison
For the Engineering & Construction subindustry, Tecnicas Reunidas'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.
Tecnicas Reunidas Pretax Margin % vs Construction Industry
For the Construction industry and Industrials sector, Tecnicas Reunidas's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Tecnicas Reunidas'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.
Tecnicas Reunidas (MEX:TREN) has a Pretax Margin % of 1.36% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tecnicas Reunidas and its competitors. This is near median its historical median of 1.43. According to the industry distribution chart, Tecnicas Reunidas ranks #1087 out of 1758 companies in the Construction industry, placing it in the top 61.8%.
Is Tecnicas Reunidas' Pretax Margin % too high?
Tecnicas Reunidas' current Pretax Margin % of 1.36% is near median its 10-year median of 1.43. The Construction industry median Pretax Margin % is 5.52. Tecnicas Reunidas' value of 1.36% is 75.3% below this industry median. Based on the distribution chart, Tecnicas Reunidas ranks #1087 out of 1758 companies in the Construction industry, which is below the industry midpoint. Overall, Tecnicas Reunidas has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tecnicas Reunidas' Pretax Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Tecnicas Reunidas ranks #1087 out of 1758 companies for Pretax Margin %. This places Tecnicas Reunidas in the lower half of its industry. The industry median Pretax Margin % is 5.52. Tecnicas Reunidas' value of 1.36% is 75.3% below this benchmark. While the company's 10-year median is 1.43 vs. the industry median of 5.52, Tecnicas Reunidas 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 a Construction company?
The median Pretax Margin % among Construction companies is 5.52, based on 1,758 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. Tecnicas Reunidas's current Pretax Margin % of 1.36% is 75.3% 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 Tecnicas Reunidas and its competitors. For the Construction industry, the median Pretax Margin % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecnicas Reunidas's current Pretax Margin % is 1.36%, which is near median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnicas Reunidas stock overvalued right now?
Tecnicas Reunidas (MEX:TREN) has a current Pretax Margin % of 1.36%. The stock's GF Value™ is MXN162.43, compared to a current price of MXN244.58 — trading 50.6% above its estimated fair value. The current Pretax Margin % is 1.36%, which is near median its 10-year median of 1.43 and 75.3% below the Construction industry median of 5.52. Tecnicas Reunidas' overall GF Score™ is 65/100 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 Tecnicas Reunidas (MEX:TREN), the current Pretax Margin % is 1.36% 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 Tecnicas Reunidas (MEX:TREN) Overvalued in 2026?
Based on GuruFocus' analysis, Tecnicas Reunidas stock appears to be overvalued.
The current stock price of MXN244.58 is trading 50.6% above its estimated GF Value™ of MXN162.43.
Key valuation signals for MEX:TREN:
Pretax Margin %: 1.36% (near median its 10-year median of 1.43)
GF Value™: MXN162.43 vs. price of MXN244.58 (50.6% above fair value)
Industry Position: 75.3% below the Construction median (#1087 of 1758)
No single metric tells the full story. See the MEX:TREN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.
65GF Score
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