Ivision Tech SpAMIL:IVN 31 Pretax Margin % is -0.51% as of Dec. 2025. GuruFocus rates MIL:IVN with a GF Score™ of 31/100 and a GF Value™ of €3.12 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Ivision Tech SpA ranks worse than 71.41% on this metric.
The historical rank and industry rank for Ivision Tech SpA's Pretax Margin % or its related term are showing as below:
MIL:IVN'
s Pretax Margin % Range Over the Past 10 Years
Min: -0.21 Med: 0.56 Max: 2.44
Current: -0.21
MIL:IVN's Pretax Margin % is ranked worse than 71.41% of 1039
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.52
vs MIL:IVN: -0.21
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.
Ivision Tech SpA Pretax Margin % Related Terms
Ivision Tech SpA Pretax Margin % Historical Data
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The historical data trend for Ivision 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:IVN vs NKE, DECK, ONON: Pretax Margin % Comparison
For the Footwear & Accessories subindustry, Ivision 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.
Ivision Tech SpA Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ivision Tech SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Ivision 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.
Ivision Tech SpA (MIL:IVN) has a Pretax Margin % of -0.51% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ivision Tech SpA and its competitors. According to the industry distribution chart, Ivision Tech SpA ranks #742 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 71.4%.
Is Ivision Tech SpA's Pretax Margin % too high?
Ivision Tech SpA's current Pretax Margin % is -0.51%. Based on the distribution chart, Ivision Tech SpA ranks #742 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ivision Tech SpA has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ivision Tech SpA's Pretax Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ivision Tech SpA ranks #742 out of 1039 companies for Pretax Margin %. This places Ivision Tech SpA in the lower half of its industry. The industry median Pretax Margin % is 3.52. 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.52, based on 1,039 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 Ivision Tech SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ivision Tech SpA's current Pretax Margin % is -0.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ivision Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, Ivision Tech SpA (MIL:IVN) is currently considered Possible Value Trap. The stock's GF Value™ is €3.12, compared to a current price of €1.80 — trading 42.3% below its estimated fair value. The current Pretax Margin % is -0.51%. Ivision Tech SpA's overall GF Score™ is 31/100 with 2 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 Ivision Tech SpA (MIL:IVN), the current Pretax Margin % is -0.51% 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 Ivision Tech SpA (MIL:IVN) Overvalued in 2026?
Based on GuruFocus' analysis, Ivision Tech SpA stock appears to be undervalued.
The current stock price of €1.80 is trading 42.3% below its estimated GF Value™ of €3.12.
GuruFocus considers Ivision Tech SpA to be Possible Value Trap.
Key valuation signals for MIL:IVN:
Pretax Margin %: -0.51%
GF Value™: €3.12 vs. price of €1.80 (42.3% below fair value)
No single metric tells the full story. See the MIL:IVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ivision Tech SpA is an SME active in the sector of design and production of eyeglass frames, prescription and sunglasses, in acetate and combined, representing a reality of excellence in Made in Italy manufacturing. The company operates in two divisions: iVision Eyewear and iVision R&D. iVision Eyewear is active in the design, development of prototypes, industrialization, and mass production phases of acetate eyewear, for which it uses cutting-edge machinery and software. iVision R&D is active in research and development with the aiming of applying increasingly advance technologies to eyewear.
31GF Score
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