MMP IndustriesNSE:MMP +1.88%87 Pretax Margin % is 9.84% as of Mar. 2026, which is 9% above its 10-year median of 9.01. GuruFocus rates NSE:MMP with a GF Score™ of 87/100 and a GF Value™ of ₹336.55 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 842 Metals & Mining companies, MMP Industries ranks better than 50.12% on this metric.
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.
MMP Industries Pretax Margin % Related Terms
MMP Industries Pretax Margin % Historical Data
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The historical data trend for MMP Industries'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.
For the Aluminum subindustry, MMP Industries'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.
MMP Industries Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MMP Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where MMP Industries'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.
MMP Industries (NSE:MMP) has a Pretax Margin % of 9.84% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on MMP Industries and its competitors. This is near median its historical median of 9.01. Over the past decade, MMP Industries' Pretax Margin % has ranged from 4.86 to 10.90. According to the industry distribution chart, MMP Industries ranks #420 out of 842 companies in the Metals & Mining industry, placing it in the top 49.9%.
Is MMP Industries' Pretax Margin % too high?
MMP Industries' current Pretax Margin % of 9.84% is near median its 10-year median of 9.01. Over the past 10 years, this metric has ranged from a low of 4.86 to a high of 10.90. The Metals & Mining industry median Pretax Margin % is 4.84. MMP Industries' value of 9.84% is 103.3% above this industry median. Based on the distribution chart, MMP Industries ranks #420 out of 842 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, MMP Industries has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MMP Industries' Pretax Margin % compare to AA?
According to the Metals & Mining industry distribution chart, MMP Industries ranks #420 out of 842 companies for Pretax Margin %. This puts MMP Industries in the upper half of its industry. The industry median Pretax Margin % is 4.84. MMP Industries' value of 9.84% is 103.3% above this benchmark. Historically, MMP Industries' own Pretax Margin % has ranged from 4.86 to 10.90 over the past decade. While the company's 10-year median is 9.01 vs. the industry median of 4.84, MMP Industries 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 Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.84, based on 842 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. MMP Industries's current Pretax Margin % of 9.84% is 103.3% 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 MMP Industries and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMP Industries's current Pretax Margin % is 9.84%, which is near median its own 10-year median of 9.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMP Industries stock overvalued right now?
Based on GuruFocus' analysis, MMP Industries (NSE:MMP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹336.55, compared to a current price of ₹279.80 — trading 16.9% below its estimated fair value. The current Pretax Margin % is 9.84%, which is near median its 10-year median of 9.01 and 103.3% above the Metals & Mining industry median of 4.84. MMP Industries' overall GF Score™ is 87/100 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 MMP Industries (NSE:MMP), the current Pretax Margin % is 9.84% 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 MMP Industries (NSE:MMP) Overvalued in 2026?
Based on GuruFocus' analysis, MMP Industries stock appears to be undervalued.
The current stock price of ₹279.80 is trading 16.9% below its estimated GF Value™ of ₹336.55.
GuruFocus considers MMP Industries to be Modestly Undervalued.
Key valuation signals for NSE:MMP:
Pretax Margin %: 9.84% (near median its 10-year median of 9.01)
GF Value™: ₹336.55 vs. price of ₹279.80 (16.9% below fair value)
Industry Position: 103.3% above the Metals & Mining median (#420 of 842)
No single metric tells the full story. See the NSE:MMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MMP Industries Ltd is an Indian company engaged in manufacturing aluminum powders, aluminum pastes, and aluminum conductors. The products of the company are used in the construction industry. Its segments are Aluminium Powder and Paste; Aluminium Foil, Aluminium Conductor and Others. The business is spread across Europe, the Middle East, Africa and the Asia Pacific. The company generates the majority of its revenue from the Aluminium Powder and Paste segment.
87GF Score
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