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Murata Manufacturing CoMRAAF +14.56%70 Pretax Margin % is 18.31% as of Mar. 2026, which is 6% above its 10-year median of 17.22. GuruFocus rates MRAAF with a GF Score™ of 70/100 and a GF Value™ of $22.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,474 Hardware companies, Murata Manufacturing Co ranks better than 87.47% on this metric.
Murata Manufacturing Co (OTCPK:MRAAF) 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.
Murata Manufacturing Co Pretax Margin % Related Terms
Murata Manufacturing Co Pretax Margin % Historical Data
* 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.
MRAAF vs APH, GLW, TEL: Pretax Margin % Comparison
For the Electronic Components subindustry, Murata Manufacturing Co'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.
Murata Manufacturing Co Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Murata Manufacturing Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Murata Manufacturing Co'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.
Murata Manufacturing Co (MRAAF) has a Pretax Margin % of 18.31% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Murata Manufacturing Co and its competitors. This is near median its historical median of 17.22. Over the past decade, Murata Manufacturing Co's Pretax Margin % has ranged from 12.23 to 23.87. According to the industry distribution chart, Murata Manufacturing Co ranks #310 out of 2474 companies in the Hardware industry, placing it in the top 12.5%.
Is Murata Manufacturing Co's Pretax Margin % too high?
Murata Manufacturing Co's current Pretax Margin % of 18.31% is near median its 10-year median of 17.22. Over the past 10 years, this metric has ranged from a low of 12.23 to a high of 23.87. The Hardware industry median Pretax Margin % is 3.66. Murata Manufacturing Co's value of 18.31% is 401% above this industry median. Based on the distribution chart, Murata Manufacturing Co ranks #310 out of 2474 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Murata Manufacturing Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Murata Manufacturing Co's Pretax Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Murata Manufacturing Co ranks #310 out of 2474 companies for Pretax Margin %. This places Murata Manufacturing Co in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.66. Murata Manufacturing Co's value of 18.31% is 401% above this benchmark. Historically, Murata Manufacturing Co's own Pretax Margin % has ranged from 12.23 to 23.87 over the past decade. While the company's 10-year median is 17.22 vs. the industry median of 3.66, Murata Manufacturing Co 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.66, based on 2,474 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. Murata Manufacturing Co's current Pretax Margin % of 18.31% is 401% 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 Murata Manufacturing Co and its competitors. For the Hardware industry, the median Pretax Margin % is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Murata Manufacturing Co's current Pretax Margin % is 18.31%, which is near median its own 10-year median of 17.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Murata Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Murata Manufacturing Co (MRAAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.06, compared to a current price of $44.46 — trading 101.6% above its estimated fair value. The current Pretax Margin % is 18.31%, which is near median its 10-year median of 17.22 and 401% above the Hardware industry median of 3.66. Murata Manufacturing Co's overall GF Score™ is 70/100 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 Murata Manufacturing Co (MRAAF), the current Pretax Margin % is 18.31% as of Mar. 2026. 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 Murata Manufacturing Co (MRAAF) Overvalued in 2026?
Based on GuruFocus' analysis, Murata Manufacturing Co stock appears to be overvalued.
The current stock price of $44.46 is trading 101.6% above its estimated GF Value™ of $22.06.
GuruFocus considers Murata Manufacturing Co to be Significantly Overvalued.
Key valuation signals for MRAAF:
Pretax Margin %: 18.31% (near median its 10-year median of 17.22)
GF Value™: $22.06 vs. price of $44.46 (101.6% above fair value)
Industry Position: 401% above the Hardware median (#310 of 2474)
No single metric tells the full story. See the MRAAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the world's leading supplier of passive components, such as MLCC and SAW filters.
70GF Score
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