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NetcapitalNCPL -2.53%34 Pretax Margin % is -1,928.72% as of Jan. 2026. GuruFocus rates NCPL with a GF Score™ of 34/100 and a GF Value™ of $0.07 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 776 Capital Markets companies, Netcapital ranks worse than 98.07% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Netcapital's Pre-Tax Income for the
three
months ended in Jan. 2026 was $-1.81 Mil. Netcapital's Revenue for the
three
months ended in Jan. 2026 was $0.09 Mil. Therefore, Netcapital's pretax margin for the quarter that ended in Jan. 2026 was -1,928.72%.
The historical rank and industry rank for Netcapital's Pretax Margin % or its related term are showing as below:
NCPL'
s Pretax Margin % Range Over the Past 10 Years
Min: -3806.63 Med: 44.48 Max: 118.02
Current: -3806.63
NCPL's Pretax Margin % is ranked worse than 98.07% of 776
companies
in the Capital Markets industry
Industry Median: 20.77
vs NCPL: -3806.63
Netcapital (NAS:NCPL) 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.
Netcapital Pretax Margin % Related Terms
Netcapital Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Netcapital'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.
NCPL vs WAI, ITEX, PMAX: Pretax Margin % Comparison
For the Capital Markets subindustry, Netcapital'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.
Netcapital Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Netcapital's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Netcapital'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.
Netcapital (NCPL) has a Pretax Margin % of -1,928.72% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Netcapital and its competitors. According to the industry distribution chart, Netcapital ranks #761 out of 776 companies in the Capital Markets industry, placing it in the top 98.1%.
Is Netcapital's Pretax Margin % too high?
Netcapital's current Pretax Margin % is -1,928.72%. Based on the distribution chart, Netcapital ranks #761 out of 776 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Netcapital has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Netcapital's Pretax Margin % compare to WAI and ITEX?
According to the Capital Markets industry distribution chart, Netcapital ranks #761 out of 776 companies for Pretax Margin %. This places Netcapital in the lower half of its industry. The industry median Pretax Margin % is 20.77. 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.77, based on 776 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. 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 Netcapital and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcapital's current Pretax Margin % is -1,928.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcapital stock overvalued right now?
Based on GuruFocus' analysis, Netcapital (NCPL) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.07, compared to a current price of $0.42 — trading 500.1% above its estimated fair value. The current Pretax Margin % is -1,928.72%. Netcapital's overall GF Score™ is 34/100 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 Netcapital (NCPL), the current Pretax Margin % is -1,928.72% as of Jan. 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 Netcapital (NCPL) Overvalued in 2026?
Based on GuruFocus' analysis, Netcapital stock appears to be overvalued.
The current stock price of $0.42 is trading 500.1% above its estimated GF Value™ of $0.07.
GuruFocus considers Netcapital to be Significantly Overvalued.
Key valuation signals for NCPL:
Pretax Margin %: -1,928.72%
GF Value™: $0.07 vs. price of $0.42 (500.1% above fair value)
No single metric tells the full story. See the NCPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netcapital Inc is a financial technology company. The company facilitates the growth of private companies by providing fundraising services and other consulting services. The company's online private investment platform connects entrepreneurs and investors, enabling companies to raise capital digitally. The Company operates in a single operating segment, which is the provision of fintech services.
34GF Score
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