Mie CoNGO:3442 66 Pretax Margin % is 9.34% as of Mar. 2026, which is 120% above its 10-year median of 4.25. GuruFocus rates NGO:3442 with a GF Score™ of 66/100 and a GF Value™ of 円1,450.09 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 610 Steel companies, Mie Co ranks better than 78.85% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mie Co's Pre-Tax Income for the
six
months ended in Mar. 2026 was 円346 Mil. Mie Co's Revenue for the
six
months ended in Mar. 2026 was 円3,705 Mil. Therefore, Mie Co's pretax margin for the quarter that ended in Mar. 2026 was 9.34%.
The historical rank and industry rank for Mie Co's Pretax Margin % or its related term are showing as below:
NGO:3442'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.39 Med: 4.25 Max: 8.51
Current: 8.51
NGO:3442's Pretax Margin % is ranked better than 78.85% of 610
companies
in the Steel industry
Industry Median: 2.585
vs NGO:3442: 8.51
Mie Co (NGO:3442) 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.
Mie Co Pretax Margin % Related Terms
Mie Co Pretax Margin % Historical Data
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The historical data trend for Mie 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:3442 vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Mie 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.
Mie Co Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Mie Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Mie 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.
Mie Co (NGO:3442) has a Pretax Margin % of 9.34% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mie Co and its competitors. This is 120% above median its historical median of 4.25. Over the past decade, Mie Co's Pretax Margin % has ranged from 2.39 to 8.51. According to the industry distribution chart, Mie Co ranks #129 out of 610 companies in the Steel industry, placing it in the top 21.1%.
Is Mie Co's Pretax Margin % too high?
Mie Co's current Pretax Margin % of 9.34% is 120% above median its 10-year median of 4.25. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 8.51. The Steel industry median Pretax Margin % is 2.59. Mie Co's value of 9.34% is 261.3% above this industry median. Based on the distribution chart, Mie Co ranks #129 out of 610 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mie Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mie Co's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Mie Co ranks #129 out of 610 companies for Pretax Margin %. This places Mie Co in the top 21% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 2.59. Mie Co's value of 9.34% is 261.3% above this benchmark. Historically, Mie Co's own Pretax Margin % has ranged from 2.39 to 8.51 over the past decade. While the company's 10-year median is 4.25 vs. the industry median of 2.59, Mie 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 Steel company?
The median Pretax Margin % among Steel companies is 2.59, based on 610 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. Mie Co's current Pretax Margin % of 9.34% is 261.3% 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 Mie Co and its competitors. For the Steel industry, the median Pretax Margin % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Co's current Pretax Margin % is 9.34%, which is 120% above median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Co stock overvalued right now?
Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,450.09, compared to a current price of 円1,607.00 — trading 10.8% above its estimated fair value. The current Pretax Margin % is 9.34%, which is 120% above median its 10-year median of 4.25 and 261.3% above the Steel industry median of 2.59. Mie Co's overall GF Score™ is 66/100 with 5 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 Mie Co (NGO:3442), the current Pretax Margin % is 9.34% 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 Mie Co (NGO:3442) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Co stock appears to be overvalued.
The current stock price of 円1,607.00 is trading 10.8% above its estimated GF Value™ of 円1,450.09.
GuruFocus considers Mie Co to be Modestly Overvalued.
Key valuation signals for NGO:3442:
Pretax Margin %: 9.34% (120% above median its 10-year median of 4.25)
GF Value™: 円1,450.09 vs. price of 円1,607.00 (10.8% above fair value)
Industry Position: 261.3% above the Steel median (#129 of 610)
No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.
66GF Score
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