Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Spindox SpA's Pre-Tax Income for the
six
months ended in Jun. 2025 was €1.9 Mil. Spindox SpA's Revenue for the
six
months ended in Jun. 2025 was €51.7 Mil. Therefore, Spindox SpA's pretax margin for the quarter that ended in Jun. 2025 was 3.74%.
The historical rank and industry rank for Spindox SpA's Pretax Margin % or its related term are showing as below:
MIL:SPN'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.45 Med: 2.4 Max: 5.36
Current: 3.27
MIL:SPN's Pretax Margin % is not ranked
in the Software industry.
Industry Median: 3.53
vs MIL:SPN: 3.27
Spindox SpA (MIL:SPN) 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.
Spindox SpA Pretax Margin % Related Terms
Spindox SpA Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Spindox 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:SPN vs IBM, ACN, CTSH: Pretax Margin % Comparison
For the Information Technology Services subindustry, Spindox 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.
Spindox SpA Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Spindox SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Spindox 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.
Spindox SpA (MIL:SPN) has a Pretax Margin % of 3.74% as of Jun. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Spindox SpA and its competitors. This is 56% above median its historical median of 2.40. Over the past decade, Spindox SpA's Pretax Margin % has ranged from 1.45 to 5.36.
Is Spindox SpA's Pretax Margin % too high?
Spindox SpA's current Pretax Margin % of 3.74% is 56% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 5.36. The Software industry median Pretax Margin % is 3.53. Spindox SpA's value of 3.74% is 5.9% above this industry median. Overall, Spindox SpA has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Spindox SpA's Pretax Margin % compare to IBM and ACN?
Spindox SpA's Pretax Margin % of 3.74% can be compared against companies in the Software industry. The industry median Pretax Margin % is 3.53. Spindox SpA's value of 3.74% is 5.9% above this benchmark. Historically, Spindox SpA's own Pretax Margin % has ranged from 1.45 to 5.36 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 3.53, Spindox 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 Software company?
The median Pretax Margin % among Software companies is 3.53, based on 2,825 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. Spindox SpA's current Pretax Margin % of 3.74% is 5.9% 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 Spindox SpA and its competitors. For the Software industry, the median Pretax Margin % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindox SpA's current Pretax Margin % is 3.74%, which is 56% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindox SpA stock overvalued right now?
Spindox SpA (MIL:SPN) has a current Pretax Margin % of 3.74%. The stock's GF Value™ is €10.82, compared to a current price of €12.95 — trading 19.7% above its estimated fair value. The current Pretax Margin % is 3.74%, which is 56% above median its 10-year median of 2.40 and 5.9% above the Software industry median of 3.53. Spindox SpA's overall GF Score™ is 57/100 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 Spindox SpA (MIL:SPN), the current Pretax Margin % is 3.74% as of Jun. 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 Spindox SpA (MIL:SPN) Overvalued in 2026?
Based on GuruFocus' analysis, Spindox SpA stock appears to be overvalued.
The current stock price of €12.95 is trading 19.7% above its estimated GF Value™ of €10.82.
Key valuation signals for MIL:SPN:
Pretax Margin %: 3.74% (56% above median its 10-year median of 2.40)
GF Value™: €10.82 vs. price of €12.95 (19.7% above fair value)
No single metric tells the full story. See the MIL:SPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.
57GF Score
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