Secure Electronic Technology (NSA:NSLTECH) Pretax Margin %: -2.10% (As of Dec. 2024)


NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
10 GF Score
Price ₦0.75
GF Value ₦0.36
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Secure Electronic Technology Pretax Margin %?

Secure Electronic Technology NSA:NSLTECH -1.32% 10 Pretax Margin % is -2.10% as of Dec. 2024. GuruFocus rates NSA:NSLTECH with a GF Score™ of 10/100 and a GF Value™ of ₦0.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 844 Travel & Leisure companies, Secure Electronic Technology ranks worse than 72.51% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Secure Electronic Technology's Pre-Tax Income for the six months ended in Dec. 2024 was ₦-92 Mil. Secure Electronic Technology's Revenue for the six months ended in Dec. 2024 was ₦4,348 Mil. Therefore, Secure Electronic Technology's pretax margin for the quarter that ended in Dec. 2024 was -2.10%.

The historical rank and industry rank for Secure Electronic Technology's Pretax Margin % or its related term are showing as below:

NSA:NSLTECH' s Pretax Margin % Range Over the Past 10 Years
Min: -4.7   Med: -1.8   Max: -0.35
Current: -2.11


NSA:NSLTECH's Pretax Margin % is ranked worse than
72.51% of 844 companies
in the Travel & Leisure industry
Industry Median: 6.22 vs NSA:NSLTECH: -2.11

Secure Electronic Technology  (NSA:NSLTECH) 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.


Secure Electronic Technology Pretax Margin % Related Terms


Secure Electronic Technology Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Secure Electronic Technology'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.

Secure Electronic Technology Pretax Margin % Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Pretax Margin %
-1.50 -0.35 -4.70 -2.10

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Pretax Margin % -1.50 -0.35 -4.70 -2.10

NSA:NSLTECH vs FLUT, DKNG, SGHC: Pretax Margin % Comparison

For the Gambling subindustry, Secure Electronic Technology'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.


Secure Electronic Technology Pretax Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Secure Electronic Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Secure Electronic Technology's Pretax Margin % falls into.


NSA:NSLTECH
10GF Score
Secure Electronic Technology PLC NSA:NSLTECH
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Electronic Technology Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Secure Electronic Technology's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=-91.503/4347.604
=-2.10 %

Secure Electronic Technology's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-91.503/4347.604
=-2.10 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -2.10% mean?
Secure Electronic Technology (NSA:NSLTECH) has a Pretax Margin % of -2.10% as of Dec. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Secure Electronic Technology and its competitors. According to the industry distribution chart, Secure Electronic Technology ranks #612 out of 844 companies in the Travel & Leisure industry, placing it in the top 72.5%.
Is Secure Electronic Technology's Pretax Margin % too high?
Secure Electronic Technology's current Pretax Margin % is -2.10%. Based on the distribution chart, Secure Electronic Technology ranks #612 out of 844 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Pretax Margin % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Secure Electronic Technology ranks #612 out of 844 companies for Pretax Margin %. This places Secure Electronic Technology in the lower half of its industry. The industry median Pretax Margin % is 6.22. 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 Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.22, based on 844 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 Secure Electronic Technology and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Electronic Technology's current Pretax Margin % is -2.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.36, compared to a current price of ₦0.75 — trading 108.3% above its estimated fair value. The current Pretax Margin % is -2.10%. Secure Electronic Technology's overall GF Score™ is 10/100 with 1 warning sign 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 Secure Electronic Technology (NSA:NSLTECH), the current Pretax Margin % is -2.10% as of Dec. 2024. 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 Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued. The current stock price of ₦0.75 is trading 108.3% above its estimated GF Value™ of ₦0.36. GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.

Key valuation signals for NSA:NSLTECH:

  • Pretax Margin %: -2.10%
  • GF Value™: ₦0.36 vs. price of ₦0.75 (108.3% above fair value)
  • GF Score™: 10/100 with 1 warning sign

No single metric tells the full story. See the NSA:NSLTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
10GF Score

Get the complete analysis for NSA:NSLTECH

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦0.75
Price
₦0.36
GF Value