Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AA Tech SpA's Pre-Tax Income for the
six
months ended in Dec. 2025 was €-1.41 Mil. AA Tech SpA's Revenue for the
six
months ended in Dec. 2025 was €12.44 Mil. Therefore, AA Tech SpA's pretax margin for the quarter that ended in Dec. 2025 was -11.32%.
The historical rank and industry rank for AA Tech SpA's Pretax Margin % or its related term are showing as below:
MIL:AAT'
s Pretax Margin % Range Over the Past 10 Years
Min: -29.37 Med: -18.59 Max: 6.32
Current: -18.59
MIL:AAT's Pretax Margin % is ranked worse than 76.33% of 2822
companies
in the Software industry
Industry Median: 3.5
vs MIL:AAT: -18.59
AA Tech SpA (MIL:AAT) 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.
AA Tech SpA Pretax Margin % Related Terms
AA Tech SpA Pretax Margin % Historical Data
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The historical data trend for AA Tech 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.
MIL:AAT vs MSFT, ORCL, PLTR: Pretax Margin % Comparison
For the Software - Infrastructure subindustry, AA Tech 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.
AA Tech SpA Pretax Margin % vs Software Industry
For the Software industry and Technology sector, AA Tech SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where AA Tech 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.
AA Tech SpA (MIL:AAT) has a Pretax Margin % of -11.32% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on AA Tech SpA and its competitors. According to the industry distribution chart, AA Tech SpA ranks #2154 out of 2822 companies in the Software industry, placing it in the top 76.3%.
Is AA Tech SpA's Pretax Margin % too high?
AA Tech SpA's current Pretax Margin % is -11.32%. Based on the distribution chart, AA Tech SpA ranks #2154 out of 2822 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, AA Tech SpA has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AA Tech SpA's Pretax Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, AA Tech SpA ranks #2154 out of 2822 companies for Pretax Margin %. This places AA Tech SpA in the lower half of its industry. The industry median Pretax Margin % is 3.50. 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 Software company?
The median Pretax Margin % among Software companies is 3.50, based on 2,822 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. 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 AA Tech SpA and its competitors. For the Software industry, the median Pretax Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AA Tech SpA's current Pretax Margin % is -11.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AA Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, AA Tech SpA (MIL:AAT) is currently considered Possible Value Trap. The stock's GF Value™ is €4.02, compared to a current price of €1.02 — trading 74.6% below its estimated fair value. The current Pretax Margin % is -11.32%. AA Tech SpA's overall GF Score™ is 21/100 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 AA Tech SpA (MIL:AAT), the current Pretax Margin % is -11.32% as of Dec. 2025. 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 AA Tech SpA (MIL:AAT) Overvalued in 2026?
Based on GuruFocus' analysis, AA Tech SpA stock appears to be undervalued.
The current stock price of €1.02 is trading 74.6% below its estimated GF Value™ of €4.02.
GuruFocus considers AA Tech SpA to be Possible Value Trap.
Key valuation signals for MIL:AAT:
Pretax Margin %: -11.32%
GF Value™: €4.02 vs. price of €1.02 (74.6% below fair value)
No single metric tells the full story. See the MIL:AAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AA Tech SpA is a venture tech builder in the digital sector, with the constant aiming of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries, Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.
21GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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