Innovatec SpAMIL:INC -1.41%30 Pretax Margin % is -27.50% as of Dec. 2025. GuruFocus rates MIL:INC with a GF Score™ of 30/100 and a GF Value™ of €0.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 503 Utilities - Regulated companies, Innovatec SpA ranks worse than 95.23% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Innovatec SpA's Pre-Tax Income for the
six
months ended in Dec. 2025 was €-3.91 Mil. Innovatec SpA's Revenue for the
six
months ended in Dec. 2025 was €14.22 Mil. Therefore, Innovatec SpA's pretax margin for the quarter that ended in Dec. 2025 was -27.50%.
The historical rank and industry rank for Innovatec SpA's Pretax Margin % or its related term are showing as below:
MIL:INC'
s Pretax Margin % Range Over the Past 10 Years
Min: -86.4 Med: 5.19 Max: 58.49
Current: -21.08
MIL:INC's Pretax Margin % is ranked worse than 95.23% of 503
companies
in the Utilities - Regulated industry
Industry Median: 12.07
vs MIL:INC: -21.08
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.
Innovatec SpA Pretax Margin % Related Terms
Innovatec SpA Pretax Margin % Historical Data
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The historical data trend for Innovatec 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:INC vs NEE, SO, DUK: Pretax Margin % Comparison
For the Utilities - Regulated Electric subindustry, Innovatec 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.
Innovatec SpA Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Innovatec SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Innovatec 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.
Innovatec SpA (MIL:INC) has a Pretax Margin % of -27.50% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Innovatec SpA and its competitors. According to the industry distribution chart, Innovatec SpA ranks #479 out of 503 companies in the Utilities - Regulated industry, placing it in the top 95.2%.
Is Innovatec SpA's Pretax Margin % too high?
Innovatec SpA's current Pretax Margin % is -27.50%. Based on the distribution chart, Innovatec SpA ranks #479 out of 503 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Innovatec SpA has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovatec SpA's Pretax Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Innovatec SpA ranks #479 out of 503 companies for Pretax Margin %. This places Innovatec SpA in the lower half of its industry. The industry median Pretax Margin % is 12.07. 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 - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.07, based on 503 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 Innovatec SpA and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovatec SpA's current Pretax Margin % is -27.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovatec SpA stock overvalued right now?
Based on GuruFocus' analysis, Innovatec SpA (MIL:INC) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.18 — trading 356% above its estimated fair value. The current Pretax Margin % is -27.50%. Innovatec SpA's overall GF Score™ is 30/100 with 8 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 Innovatec SpA (MIL:INC), the current Pretax Margin % is -27.50% 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 Innovatec SpA (MIL:INC) Overvalued in 2026?
Based on GuruFocus' analysis, Innovatec SpA stock appears to be overvalued.
The current stock price of €0.18 is trading 356% above its estimated GF Value™ of €0.04.
GuruFocus considers Innovatec SpA to be Significantly Overvalued.
Key valuation signals for MIL:INC:
Pretax Margin %: -27.50%
GF Value™: €0.04 vs. price of €0.18 (356% above fair value)
No single metric tells the full story. See the MIL:INC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovatec SpA is engaged in the field of energy efficiency and renewable energies. The group is an integrated energy service provider which develops and operates technology, products and services.
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