PSG Financial ServicesNAM:KFS 81 Pretax Margin % is 30.47% as of Feb. 2026, which is 39% above its 10-year median of 21.93. GuruFocus rates NAM:KFS with a GF Score™ of 81/100 and a GF Value™ of R21.58 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,576 Asset Management companies, PSG Financial Services ranks worse than 71.89% 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.
PSG Financial Services Pretax Margin % Related Terms
PSG Financial Services Pretax Margin % Historical Data
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The historical data trend for PSG Financial Services'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.
NAM:KFS vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, PSG Financial Services'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.
PSG Financial Services Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PSG Financial Services's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PSG Financial Services'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.
PSG Financial Services (NAM:KFS) has a Pretax Margin % of 30.47% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PSG Financial Services and its competitors. This is 39% above median its historical median of 21.93. Over the past decade, PSG Financial Services' Pretax Margin % has ranged from 21.12 to 27.76. According to the industry distribution chart, PSG Financial Services ranks #1133 out of 1576 companies in the Asset Management industry, placing it in the top 71.9%.
Is PSG Financial Services' Pretax Margin % too high?
PSG Financial Services' current Pretax Margin % of 30.47% is 39% above median its 10-year median of 21.93. Over the past 10 years, this metric has ranged from a low of 21.12 to a high of 27.76. The Asset Management industry median Pretax Margin % is 89.48. PSG Financial Services' value of 30.47% is 65.9% below this industry median. Based on the distribution chart, PSG Financial Services ranks #1133 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. Overall, PSG Financial Services has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PSG Financial Services' Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, PSG Financial Services ranks #1133 out of 1576 companies for Pretax Margin %. This places PSG Financial Services in the lower half of its industry. The industry median Pretax Margin % is 89.48. PSG Financial Services' value of 30.47% is 65.9% below this benchmark. Historically, PSG Financial Services' own Pretax Margin % has ranged from 21.12 to 27.76 over the past decade. While the company's 10-year median is 21.93 vs. the industry median of 89.48, PSG Financial Services has consistently been below 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,576 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. PSG Financial Services's current Pretax Margin % of 30.47% is 65.9% below 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 PSG Financial Services and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSG Financial Services's current Pretax Margin % is 30.47%, which is 39% above median its own 10-year median of 21.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSG Financial Services stock overvalued right now?
Based on GuruFocus' analysis, PSG Financial Services (NAM:KFS) is currently considered Significantly Overvalued. The stock's GF Value™ is R21.58, compared to a current price of R30.41 — trading 40.9% above its estimated fair value. The current Pretax Margin % is 30.47%, which is 39% above median its 10-year median of 21.93 and 65.9% below the Asset Management industry median of 89.48. PSG Financial Services' overall GF Score™ is 81/100 with 6 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 PSG Financial Services (NAM:KFS), the current Pretax Margin % is 30.47% as of Feb. 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 PSG Financial Services (NAM:KFS) Overvalued in 2026?
Based on GuruFocus' analysis, PSG Financial Services stock appears to be overvalued.
The current stock price of R30.41 is trading 40.9% above its estimated GF Value™ of R21.58.
GuruFocus considers PSG Financial Services to be Significantly Overvalued.
Key valuation signals for NAM:KFS:
Pretax Margin %: 30.47% (39% above median its 10-year median of 21.93)
GF Value™: R21.58 vs. price of R30.41 (40.9% above fair value)
Industry Position: 65.9% below the Asset Management median (#1133 of 1576)
No single metric tells the full story. See the NAM:KFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PSG Financial Services Ltd is an independent financial services company. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. PSG is structured into three segments which are PSG Wealth, generating income from managed and platform assets; PSG Asset Management, deriving income from assets under management; PSG Insure, earning income from premiums and underwriting.
81GF Score
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