TGC No 2 PJSC (MIC:TGKB) Pretax Margin %: 4.20% (As of Jun. 2023)

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What is TGC No 2 PJSC Pretax Margin %?

TGC No 2 PJSC MIC:TGKB +7.26% Pretax Margin % is 4.20% as of Jun. 2023.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TGC No 2 PJSC's Pre-Tax Income for the six months ended in Jun. 2023 was ₽1,174 Mil. TGC No 2 PJSC's Revenue for the six months ended in Jun. 2023 was ₽27,934 Mil. Therefore, TGC No 2 PJSC's pretax margin for the quarter that ended in Jun. 2023 was 4.20%.

The historical rank and industry rank for TGC No 2 PJSC's Pretax Margin % or its related term are showing as below:


MIC:TGKB's Pretax Margin % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 8.425
* Ranked among companies with meaningful Pretax Margin % only.

TGC No 2 PJSC  (MIC:TGKB) 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.


TGC No 2 PJSC Pretax Margin % Related Terms


TGC No 2 PJSC Pretax Margin % Historical Data

* Premium members only.

The historical data trend for TGC No 2 PJSC'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.

TGC No 2 PJSC Pretax Margin % Chart

TGC No 2 PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 6.82 -3.33 -7.30 2.81

TGC No 2 PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 6.40 -26.08 18.61 -15.86 4.20

MIC:TGKB vs VST, NRG: Pretax Margin % Comparison

For the Utilities - Independent Power Producers subindustry, TGC No 2 PJSC'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.


TGC No 2 PJSC Pretax Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TGC No 2 PJSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where TGC No 2 PJSC's Pretax Margin % falls into.



TGC No 2 PJSC 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.

TGC No 2 PJSC's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=1334.109/47438.418
=2.81 %

TGC No 2 PJSC's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=1174.176/27933.625
=4.20 %

* 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 4.20% mean?
TGC No 2 PJSC (MIC:TGKB) has a Pretax Margin % of 4.20% as of Jun. 2023. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TGC No 2 PJSC and its competitors.
Is TGC No 2 PJSC's Pretax Margin % too high?
TGC No 2 PJSC's current Pretax Margin % is 4.20%. The Utilities - Independent Power Producers industry median Pretax Margin % is 8.43. TGC No 2 PJSC's value of 4.20% is 50.1% below this industry median.
How does TGC No 2 PJSC's Pretax Margin % compare to VST and NRG?
TGC No 2 PJSC's Pretax Margin % of 4.20% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Pretax Margin % is 8.43. TGC No 2 PJSC's value of 4.20% is 50.1% below this benchmark. 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 - Independent Power Producers company?
The median Pretax Margin % among Utilities - Independent Power Producers companies is 8.43, based on 426 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. TGC No 2 PJSC's current Pretax Margin % of 4.20% is 50.1% 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 TGC No 2 PJSC and its competitors. For the Utilities - Independent Power Producers industry, the median Pretax Margin % is 8.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGC No 2 PJSC's current Pretax Margin % is 4.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGC No 2 PJSC stock overvalued right now?
TGC No 2 PJSC (MIC:TGKB) has a current Pretax Margin % of 4.20%. The current Pretax Margin % is 4.20% and 50.1% below the Utilities - Independent Power Producers industry median of 8.43. 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 TGC No 2 PJSC (MIC:TGKB), the current Pretax Margin % is 4.20% as of Jun. 2023. 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.

TGC No 2 PJSC Business Description

Address Pyatnitskaya Street 6, Yaroslavl, RUS, 150003
TGC No 2 PJSC is a heat and power-generating company in the Northern and Northwest parts of Russia. The company's activities involve heat and power production as well as the sale of heat (steam and hot water) to consumers. Its enterprises are in Arkhangelsk, Vologda, Kostroma, Novgorod, and Yaroslavl regions of Russia, and in Skopje (Macedonia).