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Meiko Construction CoNGO:1869 -0.42%66 Pretax Margin % is 10.21% as of Mar. 2026, which is 33% above its 10-year median of 7.67. GuruFocus rates NGO:1869 with a GF Score™ of 66/100 and a GF Value™ of 円1,414.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 91 Homebuilding & Construction companies, Meiko Construction Co ranks better than 59.34% on this metric.
The historical rank and industry rank for Meiko Construction Co's Pretax Margin % or its related term are showing as below:
NGO:1869'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.76 Med: 7.67 Max: 9.37
Current: 8.71
NGO:1869's Pretax Margin % is ranked better than 59.34% of 91
companies
in the Homebuilding & Construction industry
Industry Median: 7.03
vs NGO:1869: 8.71
Meiko Construction Co (NGO:1869) 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.
Meiko Construction Co Pretax Margin % Related Terms
Meiko Construction Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Meiko Construction Co'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.
NGO:1869 vs DHI, PHM, LEN: Pretax Margin % Comparison
For the Residential Construction subindustry, Meiko Construction Co'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.
Meiko Construction Co Pretax Margin % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Meiko Construction Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Meiko Construction Co'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.
Meiko Construction Co (NGO:1869) has a Pretax Margin % of 10.21% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Meiko Construction Co and its competitors. This is 33% above median its historical median of 7.67. Over the past decade, Meiko Construction Co's Pretax Margin % has ranged from 5.76 to 9.37. According to the industry distribution chart, Meiko Construction Co ranks #37 out of 91 companies in the Homebuilding & Construction industry, placing it in the top 40.7%.
Is Meiko Construction Co's Pretax Margin % too high?
Meiko Construction Co's current Pretax Margin % of 10.21% is 33% above median its 10-year median of 7.67. Over the past 10 years, this metric has ranged from a low of 5.76 to a high of 9.37. The Homebuilding & Construction industry median Pretax Margin % is 7.03. Meiko Construction Co's value of 10.21% is 45.2% above this industry median. Based on the distribution chart, Meiko Construction Co ranks #37 out of 91 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Meiko Construction Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Construction Co's Pretax Margin % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Meiko Construction Co ranks #37 out of 91 companies for Pretax Margin %. This puts Meiko Construction Co in the upper half of its industry. The industry median Pretax Margin % is 7.03. Meiko Construction Co's value of 10.21% is 45.2% above this benchmark. Historically, Meiko Construction Co's own Pretax Margin % has ranged from 5.76 to 9.37 over the past decade. While the company's 10-year median is 7.67 vs. the industry median of 7.03, Meiko Construction Co 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 Homebuilding & Construction company?
The median Pretax Margin % among Homebuilding & Construction companies is 7.03, based on 91 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. Meiko Construction Co's current Pretax Margin % of 10.21% is 45.2% 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 Meiko Construction Co and its competitors. For the Homebuilding & Construction industry, the median Pretax Margin % is 7.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiko Construction Co's current Pretax Margin % is 10.21%, which is 33% above median its own 10-year median of 7.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Construction Co (NGO:1869) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,414.40, compared to a current price of 円1,898.00 — trading 34.2% above its estimated fair value. The current Pretax Margin % is 10.21%, which is 33% above median its 10-year median of 7.67 and 45.2% above the Homebuilding & Construction industry median of 7.03. Meiko Construction Co's overall GF Score™ is 66/100 with 4 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 Meiko Construction Co (NGO:1869), the current Pretax Margin % is 10.21% 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 Meiko Construction Co (NGO:1869) Overvalued in 2026?
Based on GuruFocus' analysis, Meiko Construction Co stock appears to be overvalued.
The current stock price of 円1,898.00 is trading 34.2% above its estimated GF Value™ of 円1,414.40.
GuruFocus considers Meiko Construction Co to be Significantly Overvalued.
Key valuation signals for NGO:1869:
Pretax Margin %: 10.21% (33% above median its 10-year median of 7.67)
GF Value™: 円1,414.40 vs. price of 円1,898.00 (34.2% above fair value)
Industry Position: 45.2% above the Homebuilding & Construction median (#37 of 91)
No single metric tells the full story. See the NGO:1869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiko Construction Co Ltd is engaged in the construction industry. The company undertakes contract for civil works, construction work, track construction and construction work of the facility construction, supervision, planning, design, surveying and consulting. The company is also involved in the buying and selling of houses and real estate, lease, and brokerage. Construction materials on rental, warehousing, and management of education and cultural facilities are additional activities done by the company.
66GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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