Nickel AsiaNCKAF 93 Pretax Margin % is 28.88% as of Mar. 2026, which is 19% below its 10-year median of 35.76. GuruFocus rates NCKAF with a GF Score™ of 93/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 842 Metals & Mining companies, Nickel Asia ranks better than 86.46% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nickel Asia's Pre-Tax Income for the
three
months ended in Mar. 2026 was $14.3 Mil. Nickel Asia's Revenue for the
three
months ended in Mar. 2026 was $49.6 Mil. Therefore, Nickel Asia's pretax margin for the quarter that ended in Mar. 2026 was 28.88%.
The historical rank and industry rank for Nickel Asia's Pretax Margin % or its related term are showing as below:
NCKAF'
s Pretax Margin % Range Over the Past 10 Years
Min: 21.18 Med: 35.76 Max: 53.03
Current: 43.03
NCKAF's Pretax Margin % is ranked better than 86.46% of 842
companies
in the Metals & Mining industry
Industry Median: 4.825
vs NCKAF: 43.03
Nickel Asia (OTCPK:NCKAF) 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.
Nickel Asia Pretax Margin % Related Terms
Nickel Asia Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Nickel Asia'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.
For the Other Industrial Metals & Mining subindustry, Nickel Asia'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.
Nickel Asia Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Asia's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nickel Asia'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.
Nickel Asia (NCKAF) has a Pretax Margin % of 28.88% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nickel Asia and its competitors. This is 19% below median its historical median of 35.76. Over the past decade, Nickel Asia's Pretax Margin % has ranged from 21.18 to 53.03. According to the industry distribution chart, Nickel Asia ranks #114 out of 842 companies in the Metals & Mining industry, placing it in the top 13.5%.
Is Nickel Asia's Pretax Margin % too high?
Nickel Asia's current Pretax Margin % of 28.88% is 19% below median its 10-year median of 35.76. Over the past 10 years, this metric has ranged from a low of 21.18 to a high of 53.03. The Metals & Mining industry median Pretax Margin % is 4.83. Nickel Asia's value of 28.88% is 498.5% above this industry median. Based on the distribution chart, Nickel Asia ranks #114 out of 842 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nickel Asia has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Pretax Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Asia ranks #114 out of 842 companies for Pretax Margin %. This places Nickel Asia in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.83. Nickel Asia's value of 28.88% is 498.5% above this benchmark. Historically, Nickel Asia's own Pretax Margin % has ranged from 21.18 to 53.03 over the past decade. While the company's 10-year median is 35.76 vs. the industry median of 4.83, Nickel Asia 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 Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.83, based on 842 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. Nickel Asia's current Pretax Margin % of 28.88% is 498.5% 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 Nickel Asia and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel Asia's current Pretax Margin % is 28.88%, which is 19% below median its own 10-year median of 35.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (NCKAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.10 — trading 66.7% above its estimated fair value. The current Pretax Margin % is 28.88%, which is 19% below median its 10-year median of 35.76 and 498.5% above the Metals & Mining industry median of 4.83. Nickel Asia's overall GF Score™ is 93/100 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 Nickel Asia (NCKAF), the current Pretax Margin % is 28.88% 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 Nickel Asia (NCKAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Asia stock appears to be overvalued.
The current stock price of $0.10 is trading 66.7% above its estimated GF Value™ of $0.06.
GuruFocus considers Nickel Asia to be Significantly Overvalued.
Key valuation signals for NCKAF:
Pretax Margin %: 28.88% (19% below median its 10-year median of 35.76)
GF Value™: $0.06 vs. price of $0.10 (66.7% above fair value)
Industry Position: 498.5% above the Metals & Mining median (#114 of 842)
No single metric tells the full story. See the NCKAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
93GF Score
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