Technoprobe SpAMIL:TPRO -5.06%72 Pretax Margin % is 27.12% as of Dec. 2025, which is 28% below its 10-year median of 37.75. GuruFocus rates MIL:TPRO with a GF Score™ of 72/100 and a GF Value™ of €11.07 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,021 Semiconductors companies, Technoprobe SpA ranks better than 81.1% 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.
Technoprobe SpA Pretax Margin % Related Terms
Technoprobe SpA Pretax Margin % Historical Data
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The historical data trend for Technoprobe 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:TPRO vs NVDA, AVGO, MU: Pretax Margin % Comparison
For the Semiconductors subindustry, Technoprobe 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.
Technoprobe SpA Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Technoprobe SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Technoprobe 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.
Technoprobe SpA (MIL:TPRO) has a Pretax Margin % of 27.12% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Technoprobe SpA and its competitors. This is 28% below median its historical median of 37.75. Over the past decade, Technoprobe SpA's Pretax Margin % has ranged from 17.86 to 40.84. According to the industry distribution chart, Technoprobe SpA ranks #193 out of 1021 companies in the Semiconductors industry, placing it in the top 18.9%.
Is Technoprobe SpA's Pretax Margin % too high?
Technoprobe SpA's current Pretax Margin % of 27.12% is 28% below median its 10-year median of 37.75. Over the past 10 years, this metric has ranged from a low of 17.86 to a high of 40.84. The Semiconductors industry median Pretax Margin % is 5.07. Technoprobe SpA's value of 27.12% is 434.9% above this industry median. Based on the distribution chart, Technoprobe SpA ranks #193 out of 1021 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Technoprobe SpA has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technoprobe SpA's Pretax Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Technoprobe SpA ranks #193 out of 1021 companies for Pretax Margin %. This places Technoprobe SpA in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.07. Technoprobe SpA's value of 27.12% is 434.9% above this benchmark. Historically, Technoprobe SpA's own Pretax Margin % has ranged from 17.86 to 40.84 over the past decade. While the company's 10-year median is 37.75 vs. the industry median of 5.07, Technoprobe 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.07, based on 1,021 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. Technoprobe SpA's current Pretax Margin % of 27.12% is 434.9% 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 Technoprobe SpA and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technoprobe SpA's current Pretax Margin % is 27.12%, which is 28% below median its own 10-year median of 37.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technoprobe SpA stock overvalued right now?
Based on GuruFocus' analysis, Technoprobe SpA (MIL:TPRO) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.07, compared to a current price of €33.04 — trading 198.5% above its estimated fair value. The current Pretax Margin % is 27.12%, which is 28% below median its 10-year median of 37.75 and 434.9% above the Semiconductors industry median of 5.07. Technoprobe SpA's overall GF Score™ is 72/100 with 3 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 Technoprobe SpA (MIL:TPRO), the current Pretax Margin % is 27.12% 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 Technoprobe SpA (MIL:TPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Technoprobe SpA stock appears to be overvalued.
The current stock price of €33.04 is trading 198.5% above its estimated GF Value™ of €11.07.
GuruFocus considers Technoprobe SpA to be Significantly Overvalued.
Key valuation signals for MIL:TPRO:
Pretax Margin %: 27.12% (28% below median its 10-year median of 37.75)
GF Value™: €11.07 vs. price of €33.04 (198.5% above fair value)
Industry Position: 434.9% above the Semiconductors median (#193 of 1021)
No single metric tells the full story. See the MIL:TPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technoprobe SpA operates in the production of electronic circuits and mechanical interfaces for electrical contacting of hybrid circuits and semiconductor devices, and it specializes in the design, development, and production of probe cards used to test the operation of chips. The company operates in Asia, America, Europe, and Italy and derives a majority of its revenue from Asia.
72GF Score
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