TCM Group ASOCSE:TCM -0.58%87 Pretax Margin % is 5.27% as of Mar. 2026, which is 35% below its 10-year median of 8.12. GuruFocus rates OCSE:TCM with a GF Score™ of 87/100 and a GF Value™ of kr73.39 (Fairly Valued). The stock has 4 warning signs investors should review. Among 429 Furnishings, Fixtures & Appliances companies, TCM Group AS ranks better than 67.83% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TCM Group AS's Pre-Tax Income for the
three
months ended in Mar. 2026 was kr19 Mil. TCM Group AS's Revenue for the
three
months ended in Mar. 2026 was kr362 Mil. Therefore, TCM Group AS's pretax margin for the quarter that ended in Mar. 2026 was 5.27%.
The historical rank and industry rank for TCM Group AS's Pretax Margin % or its related term are showing as below:
OCSE:TCM'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.5 Med: 8.12 Max: 14.7
Current: 7.34
OCSE:TCM's Pretax Margin % is ranked better than 67.83% of 429
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.47
vs OCSE:TCM: 7.34
TCM Group AS (OCSE:TCM) 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.
TCM Group AS Pretax Margin % Related Terms
TCM Group AS Pretax Margin % Historical Data
* Premium members only.
The historical data trend for TCM Group AS'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.
OCSE:TCM vs SN, SGI, MHK: Pretax Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, TCM Group AS'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.
TCM Group AS Pretax Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TCM Group AS'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.
TCM Group AS (OCSE:TCM) has a Pretax Margin % of 5.27% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TCM Group AS and its competitors. This is 35% below median its historical median of 8.12. Over the past decade, TCM Group AS's Pretax Margin % has ranged from 2.50 to 14.70. According to the industry distribution chart, TCM Group AS ranks #138 out of 429 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 32.2%.
Is TCM Group AS's Pretax Margin % too high?
TCM Group AS's current Pretax Margin % of 5.27% is 35% below median its 10-year median of 8.12. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 14.70. The Furnishings, Fixtures & Appliances industry median Pretax Margin % is 3.47. TCM Group AS's value of 5.27% is 51.9% above this industry median. Based on the distribution chart, TCM Group AS ranks #138 out of 429 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, TCM Group AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Pretax Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TCM Group AS ranks #138 out of 429 companies for Pretax Margin %. This puts TCM Group AS in the upper half of its industry. The industry median Pretax Margin % is 3.47. TCM Group AS's value of 5.27% is 51.9% above this benchmark. Historically, TCM Group AS's own Pretax Margin % has ranged from 2.50 to 14.70 over the past decade. While the company's 10-year median is 8.12 vs. the industry median of 3.47, TCM Group AS 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 Furnishings, Fixtures & Appliances company?
The median Pretax Margin % among Furnishings, Fixtures & Appliances companies is 3.47, based on 429 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. TCM Group AS's current Pretax Margin % of 5.27% is 51.9% 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 TCM Group AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Pretax Margin % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM Group AS's current Pretax Margin % is 5.27%, which is 35% below median its own 10-year median of 8.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr73.39, compared to a current price of kr69.00 — trading 6% below its estimated fair value. The current Pretax Margin % is 5.27%, which is 35% below median its 10-year median of 8.12 and 51.9% above the Furnishings, Fixtures & Appliances industry median of 3.47. TCM Group AS's overall GF Score™ is 87/100 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 TCM Group AS (OCSE:TCM), the current Pretax Margin % is 5.27% 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?
Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued.
The current stock price of kr69.00 is trading 6% below its estimated GF Value™ of kr73.39.
GuruFocus considers TCM Group AS to be Fairly Valued.
Key valuation signals for OCSE:TCM:
Pretax Margin %: 5.27% (35% below median its 10-year median of 8.12)
GF Value™: kr73.39 vs. price of kr69.00 (6% below fair value)
Industry Position: 51.9% above the Furnishings, Fixtures & Appliances median (#138 of 429)
No single metric tells the full story. See the OCSE:TCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
87GF Score
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