Nitto DenkoNDEKY 81 Pretax Margin % is 15.00% as of Mar. 2026, which is 0% above its 10-year median of 14.95. GuruFocus rates NDEKY with a GF Score™ of 81/100 and a GF Value™ of $19.10 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,574 Chemicals companies, Nitto Denko ranks better than 87.1% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nitto Denko's Pre-Tax Income for the
three
months ended in Mar. 2026 was $229 Mil. Nitto Denko's Revenue for the
three
months ended in Mar. 2026 was $1,525 Mil. Therefore, Nitto Denko's pretax margin for the quarter that ended in Mar. 2026 was 15.00%.
The historical rank and industry rank for Nitto Denko's Pretax Margin % or its related term are showing as below:
NDEKY'
s Pretax Margin % Range Over the Past 10 Years
Min: 9.31 Med: 14.95 Max: 18.28
Current: 17.99
NDEKY's Pretax Margin % is ranked better than 87.1% of 1574
companies
in the Chemicals industry
Industry Median: 5.34
vs NDEKY: 17.99
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.
Nitto Denko Pretax Margin % Related Terms
Nitto Denko Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Nitto Denko'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.
NDEKY vs LIN, SHW, ECL: Pretax Margin % Comparison
For the Specialty Chemicals subindustry, Nitto Denko'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.
Nitto Denko Pretax Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nitto Denko's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nitto Denko'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.
Nitto Denko (NDEKY) has a Pretax Margin % of 15.00% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nitto Denko and its competitors. This is near median its historical median of 14.95. Over the past decade, Nitto Denko's Pretax Margin % has ranged from 9.31 to 18.28. According to the industry distribution chart, Nitto Denko ranks #203 out of 1574 companies in the Chemicals industry, placing it in the top 12.9%.
Is Nitto Denko's Pretax Margin % too high?
Nitto Denko's current Pretax Margin % of 15.00% is near median its 10-year median of 14.95. Over the past 10 years, this metric has ranged from a low of 9.31 to a high of 18.28. The Chemicals industry median Pretax Margin % is 5.34. Nitto Denko's value of 15.00% is 180.9% above this industry median. Based on the distribution chart, Nitto Denko ranks #203 out of 1574 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nitto Denko has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nitto Denko's Pretax Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nitto Denko ranks #203 out of 1574 companies for Pretax Margin %. This places Nitto Denko in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.34. Nitto Denko's value of 15.00% is 180.9% above this benchmark. Historically, Nitto Denko's own Pretax Margin % has ranged from 9.31 to 18.28 over the past decade. While the company's 10-year median is 14.95 vs. the industry median of 5.34, Nitto Denko 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 Chemicals company?
The median Pretax Margin % among Chemicals companies is 5.34, based on 1,574 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. Nitto Denko's current Pretax Margin % of 15.00% is 180.9% 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 Nitto Denko and its competitors. For the Chemicals industry, the median Pretax Margin % is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Denko's current Pretax Margin % is 15.00%, which is near median its own 10-year median of 14.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Denko stock overvalued right now?
Based on GuruFocus' analysis, Nitto Denko (NDEKY) is currently considered Fairly Valued. The stock's GF Value™ is $19.10, compared to a current price of $20.01 — trading 4.8% above its estimated fair value. The current Pretax Margin % is 15.00%, which is near median its 10-year median of 14.95 and 180.9% above the Chemicals industry median of 5.34. Nitto Denko's overall GF Score™ is 81/100 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 Nitto Denko (NDEKY), the current Pretax Margin % is 15.00% 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 Nitto Denko (NDEKY) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Denko stock appears to be overvalued.
The current stock price of $20.01 is trading 4.8% above its estimated GF Value™ of $19.10.
GuruFocus considers Nitto Denko to be Fairly Valued.
Key valuation signals for NDEKY:
Pretax Margin %: 15.00% (near median its 10-year median of 14.95)
GF Value™: $19.10 vs. price of $20.01 (4.8% above fair value)
Industry Position: 180.9% above the Chemicals median (#203 of 1574)
No single metric tells the full story. See the NDEKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Denko is a manufacturer of advanced materials for niche industry applications. Its three segments are industrial tape (35% of revenue), optical films (55%), and materials used in health science (10%). Its advanced materials are used in manufacturing with main customers being suppliers to original equipment manufacturers in the computer, smartphone, and automobile industries. The company has more than 15,000 products. Most revenue is from Asia/Oceania (60%), followed by Japan (20%). The remainder is roughly equally split between Americas and Europe, each representing about 10% of revenue.
81GF Score
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