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FOPE SpAMIL:FPE +6.87%92 Pretax Margin % is 16.08% as of Dec. 2025, which is 4% above its 10-year median of 15.42. GuruFocus rates MIL:FPE with a GF Score™ of 92/100 and a GF Value™ of €45.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,124 Retail - Cyclical companies, FOPE SpA ranks better than 90.84% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. FOPE SpA's Pre-Tax Income for the
six
months ended in Dec. 2025 was €8.13 Mil. FOPE SpA's Revenue for the
six
months ended in Dec. 2025 was €50.56 Mil. Therefore, FOPE SpA's pretax margin for the quarter that ended in Dec. 2025 was 16.08%.
The historical rank and industry rank for FOPE SpA's Pretax Margin % or its related term are showing as below:
MIL:FPE'
s Pretax Margin % Range Over the Past 10 Years
Min: 6.53 Med: 15.42 Max: 21.17
Current: 17.19
MIL:FPE's Pretax Margin % is ranked better than 90.84% of 1124
companies
in the Retail - Cyclical industry
Industry Median: 3.135
vs MIL:FPE: 17.19
FOPE SpA (MIL:FPE) 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.
FOPE SpA Pretax Margin % Related Terms
FOPE SpA Pretax Margin % Historical Data
* Premium members only.
The historical data trend for FOPE 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:FPE vs TPR, SIG, CPRI: Pretax Margin % Comparison
For the Luxury Goods subindustry, FOPE 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.
FOPE SpA Pretax Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, FOPE SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where FOPE 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.
FOPE SpA (MIL:FPE) has a Pretax Margin % of 16.08% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on FOPE SpA and its competitors. This is near median its historical median of 15.42. Over the past decade, FOPE SpA's Pretax Margin % has ranged from 6.53 to 21.17. According to the industry distribution chart, FOPE SpA ranks #103 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 9.2%.
Is FOPE SpA's Pretax Margin % too high?
FOPE SpA's current Pretax Margin % of 16.08% is near median its 10-year median of 15.42. Over the past 10 years, this metric has ranged from a low of 6.53 to a high of 21.17. The Retail - Cyclical industry median Pretax Margin % is 3.14. FOPE SpA's value of 16.08% is 412.9% above this industry median. Based on the distribution chart, FOPE SpA ranks #103 out of 1124 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, FOPE SpA has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FOPE SpA's Pretax Margin % compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, FOPE SpA ranks #103 out of 1124 companies for Pretax Margin %. This places FOPE SpA in the top 9% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.14. FOPE SpA's value of 16.08% is 412.9% above this benchmark. Historically, FOPE SpA's own Pretax Margin % has ranged from 6.53 to 21.17 over the past decade. While the company's 10-year median is 15.42 vs. the industry median of 3.14, FOPE 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 Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.14, based on 1,124 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. FOPE SpA's current Pretax Margin % of 16.08% is 412.9% 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 FOPE SpA and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FOPE SpA's current Pretax Margin % is 16.08%, which is near median its own 10-year median of 15.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FOPE SpA stock overvalued right now?
Based on GuruFocus' analysis, FOPE SpA (MIL:FPE) is currently considered Significantly Overvalued. The stock's GF Value™ is €45.03, compared to a current price of €70.00 — trading 55.5% above its estimated fair value. The current Pretax Margin % is 16.08%, which is near median its 10-year median of 15.42 and 412.9% above the Retail - Cyclical industry median of 3.14. FOPE SpA's overall GF Score™ is 92/100 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 FOPE SpA (MIL:FPE), the current Pretax Margin % is 16.08% 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 FOPE SpA (MIL:FPE) Overvalued in 2026?
Based on GuruFocus' analysis, FOPE SpA stock appears to be overvalued.
The current stock price of €70.00 is trading 55.5% above its estimated GF Value™ of €45.03.
GuruFocus considers FOPE SpA to be Significantly Overvalued.
Key valuation signals for MIL:FPE:
Pretax Margin %: 16.08% (near median its 10-year median of 15.42)
GF Value™: €45.03 vs. price of €70.00 (55.5% above fair value)
Industry Position: 412.9% above the Retail - Cyclical median (#103 of 1124)
No single metric tells the full story. See the MIL:FPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FOPE SpA is an Italy-based company engaged in the fashion industry. The Company designs, manufactures and markets jewelry. Its product's portfolio encompasses bracelets, necklaces, rings, earrings. The Company sells its products through jewelers from Europe and the United States to The United Arab Emirates, South Africa and Hong Kong.
92GF 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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