TMK PAO (MIC:TRMK) Pretax Margin %: 8.58% (As of Jun. 2022)


MIC:TRMK TMK PAO MIC:TRMK
17 GF Score
Price ₽59.74
View Full Analysis

What is TMK PAO Pretax Margin %?

TMK PAO MIC:TRMK -1.29% 17 Pretax Margin % is 8.58% as of Jun. 2022. GuruFocus rates MIC:TRMK with a GF Score™ of 17/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TMK PAO's Pre-Tax Income for the six months ended in Jun. 2022 was ₽25,800 Mil. TMK PAO's Revenue for the six months ended in Jun. 2022 was ₽300,837 Mil. Therefore, TMK PAO's pretax margin for the quarter that ended in Jun. 2022 was 8.58%.

The historical rank and industry rank for TMK PAO's Pretax Margin % or its related term are showing as below:


MIC:TRMK's Pretax Margin % is not ranked *
in the Steel industry.
Industry Median: 2.58
* Ranked among companies with meaningful Pretax Margin % only.

TMK PAO  (MIC:TRMK) 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.

TMK PAO Pretax Margin % Related Terms

TMK PAO Pretax Margin % Historical Data

* Premium members only.

The historical data trend for TMK PAO'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.

TMK PAO Pretax Margin % Chart

TMK PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 -1.11 1.95 13.64 2.71

TMK PAO Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.41 27.03 -1.03 5.26 8.58

MIC:TRMK vs NUE, STLD, RS: Pretax Margin % Comparison

For the Steel subindustry, TMK PAO'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.

TMK PAO Pretax Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, TMK PAO's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where TMK PAO's Pretax Margin % falls into.


MIC:TRMK
17GF Score
TMK PAO MIC:TRMK
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TMK PAO 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.

TMK PAO's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=11609/428981
=2.71 %

TMK PAO's Pretax Margin for the quarter that ended in Jun. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2022 )/Revenue (Q: Jun. 2022 )
=25800/300837
=8.58 %

* 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 8.58% mean?
TMK PAO (MIC:TRMK) has a Pretax Margin % of 8.58% as of Jun. 2022. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TMK PAO and its competitors.
Is TMK PAO's Pretax Margin % too high?
TMK PAO's current Pretax Margin % is 8.58%. The Steel industry median Pretax Margin % is 2.58. TMK PAO's value of 8.58% is 232.6% above this industry median. Overall, TMK PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does TMK PAO's Pretax Margin % compare to NUE and STLD?
TMK PAO's Pretax Margin % of 8.58% can be compared against companies in the Steel industry. The industry median Pretax Margin % is 2.58. TMK PAO's value of 8.58% is 232.6% above 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 a Steel company?
The median Pretax Margin % among Steel companies is 2.58, based on 611 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. TMK PAO's current Pretax Margin % of 8.58% is 232.6% 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 TMK PAO and its competitors. For the Steel industry, the median Pretax Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMK PAO's current Pretax Margin % is 8.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMK PAO stock overvalued right now?
TMK PAO (MIC:TRMK) has a current Pretax Margin % of 8.58%. The current Pretax Margin % is 8.58% and 232.6% above the Steel industry median of 2.58. TMK PAO's overall GF Score™ is 17/100. 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 TMK PAO (MIC:TRMK), the current Pretax Margin % is 8.58% as of Jun. 2022. 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.

TMK PAO Business Description

Address 40/2a, Pokrovka Street, Moscow, RUS, 101000
TMK PAO produces and supplies steel pipes for the oil and gas industry. The company integrates production assets in Russia, the United States, Canada, Oman, Romania, and Kazakhstan. TMK's core business is the production and sale of seamless and welded pipe, including large-diameter pipe, and pipe with premium connections, combined with an extensive range of services in heat treatment, protective coating, premium connections threading, pipe storage, and repair. Seamless pipe sales account for the majority of the company's revenue with the majority of sales generated in Russia.
17GF Score

Get the complete analysis for MIC:TRMK

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽59.74
Price