Caltagirone SpAMIL:CALT +1.78%71 Pretax Margin % is 15.52% as of Dec. 2025, which is 10% above its 10-year median of 14.05. GuruFocus rates MIL:CALT with a GF Score™ of 71/100 and a GF Value™ of €7.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 405 Building Materials companies, Caltagirone SpA ranks better than 76.54% 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.
Caltagirone SpA Pretax Margin % Related Terms
Caltagirone SpA Pretax Margin % Historical Data
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The historical data trend for Caltagirone 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:CALT vs CRH, VMC, MLM: Pretax Margin % Comparison
For the Building Materials subindustry, Caltagirone 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.
Caltagirone SpA Pretax Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Caltagirone SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Caltagirone 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.
Caltagirone SpA (MIL:CALT) has a Pretax Margin % of 15.52% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Caltagirone SpA and its competitors. This is 10% above median its historical median of 14.05. Over the past decade, Caltagirone SpA's Pretax Margin % has ranged from 7.52 to 18.75. According to the industry distribution chart, Caltagirone SpA ranks #95 out of 405 companies in the Building Materials industry, placing it in the top 23.5%.
Is Caltagirone SpA's Pretax Margin % too high?
Caltagirone SpA's current Pretax Margin % of 15.52% is 10% above median its 10-year median of 14.05. Over the past 10 years, this metric has ranged from a low of 7.52 to a high of 18.75. The Building Materials industry median Pretax Margin % is 6.04. Caltagirone SpA's value of 15.52% is 157% above this industry median. Based on the distribution chart, Caltagirone SpA ranks #95 out of 405 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Caltagirone SpA has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caltagirone SpA's Pretax Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Caltagirone SpA ranks #95 out of 405 companies for Pretax Margin %. This places Caltagirone SpA in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.04. Caltagirone SpA's value of 15.52% is 157% above this benchmark. Historically, Caltagirone SpA's own Pretax Margin % has ranged from 7.52 to 18.75 over the past decade. While the company's 10-year median is 14.05 vs. the industry median of 6.04, Caltagirone SpA 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 Building Materials company?
The median Pretax Margin % among Building Materials companies is 6.04, based on 405 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. Caltagirone SpA's current Pretax Margin % of 15.52% is 157% 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 Caltagirone SpA and its competitors. For the Building Materials industry, the median Pretax Margin % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caltagirone SpA's current Pretax Margin % is 15.52%, which is 10% above median its own 10-year median of 14.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caltagirone SpA stock overvalued right now?
Based on GuruFocus' analysis, Caltagirone SpA (MIL:CALT) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.08, compared to a current price of €10.30 — trading 45.5% above its estimated fair value. The current Pretax Margin % is 15.52%, which is 10% above median its 10-year median of 14.05 and 157% above the Building Materials industry median of 6.04. Caltagirone SpA's overall GF Score™ is 71/100 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 Caltagirone SpA (MIL:CALT), the current Pretax Margin % is 15.52% 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 Caltagirone SpA (MIL:CALT) Overvalued in 2026?
Based on GuruFocus' analysis, Caltagirone SpA stock appears to be overvalued.
The current stock price of €10.30 is trading 45.5% above its estimated GF Value™ of €7.08.
GuruFocus considers Caltagirone SpA to be Significantly Overvalued.
Key valuation signals for MIL:CALT:
Pretax Margin %: 15.52% (10% above median its 10-year median of 14.05)
GF Value™: €7.08 vs. price of €10.30 (45.5% above fair value)
Industry Position: 157% above the Building Materials median (#95 of 405)
No single metric tells the full story. See the MIL:CALT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caltagirone SpA is a holding company which owns the Group's activities in the areas of large construction projects, cement, real estate, finance, and publishing. It generates a majority of its revenue from cement. Geographically operates through the region of Italy.
71GF Score
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