National Australia BankNAUBF 66 Pretax Margin % is 35.42% as of Mar. 2026, which is 26% below its 10-year median of 47.80. GuruFocus rates NAUBF with a GF Score™ of 66/100 and a GF Value™ of $31.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,530 Banks companies, National Australia Bank ranks better than 63.99% on this metric.
The historical rank and industry rank for National Australia Bank's Pretax Margin % or its related term are showing as below:
NAUBF'
s Pretax Margin % Range Over the Past 10 Years
Min: 30.21 Med: 47.8 Max: 54.36
Current: 40.28
NAUBF's Pretax Margin % is ranked better than 63.99% of 1530
companies
in the Banks industry
Industry Median: 34.715
vs NAUBF: 40.28
National Australia Bank (OTCPK:NAUBF) 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.
National Australia Bank Pretax Margin % Related Terms
National Australia Bank 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.
NAUBF vs JPM, BAC, WFC: Pretax Margin % Comparison
For the Banks - Diversified subindustry, National Australia Bank'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.
National Australia Bank Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, National Australia Bank's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where National Australia Bank'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.
National Australia Bank (NAUBF) has a Pretax Margin % of 35.42% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on National Australia Bank and its competitors. This is 26% below median its historical median of 47.80. Over the past decade, National Australia Bank's Pretax Margin % has ranged from 30.21 to 54.36. According to the industry distribution chart, National Australia Bank ranks #551 out of 1530 companies in the Banks industry, placing it in the top 36%.
Is National Australia Bank's Pretax Margin % too high?
National Australia Bank's current Pretax Margin % of 35.42% is 26% below median its 10-year median of 47.80. Over the past 10 years, this metric has ranged from a low of 30.21 to a high of 54.36. The Banks industry median Pretax Margin % is 34.72. National Australia Bank's value of 35.42% is 2% above this industry median. Based on the distribution chart, National Australia Bank ranks #551 out of 1530 companies in the Banks industry, which is above the industry midpoint. Overall, National Australia Bank has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Australia Bank's Pretax Margin % compare to JPM and BAC?
According to the Banks industry distribution chart, National Australia Bank ranks #551 out of 1530 companies for Pretax Margin %. This puts National Australia Bank in the upper half of its industry. The industry median Pretax Margin % is 34.72. National Australia Bank's value of 35.42% is 2% above this benchmark. Historically, National Australia Bank's own Pretax Margin % has ranged from 30.21 to 54.36 over the past decade. While the company's 10-year median is 47.80 vs. the industry median of 34.72, National Australia Bank 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 Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,530 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. National Australia Bank's current Pretax Margin % of 35.42% is 2% 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 National Australia Bank and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Australia Bank's current Pretax Margin % is 35.42%, which is 26% below median its own 10-year median of 47.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Australia Bank stock overvalued right now?
Based on GuruFocus' analysis, National Australia Bank (NAUBF) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.07, compared to a current price of $27.60 — trading 11.2% below its estimated fair value. The current Pretax Margin % is 35.42%, which is 26% below median its 10-year median of 47.80 and 2% above the Banks industry median of 34.72. National Australia Bank's overall GF Score™ is 66/100 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 National Australia Bank (NAUBF), the current Pretax Margin % is 35.42% 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 National Australia Bank (NAUBF) Overvalued in 2026?
Based on GuruFocus' analysis, National Australia Bank stock appears to be undervalued.
The current stock price of $27.60 is trading 11.2% below its estimated GF Value™ of $31.07.
GuruFocus considers National Australia Bank to be Modestly Undervalued.
Key valuation signals for NAUBF:
Pretax Margin %: 35.42% (26% below median its 10-year median of 47.80)
GF Value™: $31.07 vs. price of $27.60 (11.2% below fair value)
Industry Position: 2% above the Banks median (#551 of 1530)
No single metric tells the full story. See the NAUBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Australia Bank is the most business-focused of the four major banks, holding the largest share of business loans and the number-three spot in home loans. National Australia Bank is currently the second-largest bank by market capitalization, with the franchise covering consumer, small business, corporate, and institutional sectors. Under the UBank brand the bank also owns one of Australia's largest digital-only banks. Offshore operations in New Zealand round out the group.
66GF Score
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