Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tivoli AS's Pre-Tax Income for the
three
months ended in Mar. 2026 was kr-137 Mil. Tivoli AS's Revenue for the
three
months ended in Mar. 2026 was kr81 Mil. Therefore, Tivoli AS's pretax margin for the quarter that ended in Mar. 2026 was -167.69%.
The historical rank and industry rank for Tivoli AS's Pretax Margin % or its related term are showing as below:
OCSE:TIV'
s Pretax Margin % Range Over the Past 10 Years
Min: -38.75 Med: 10.48 Max: 19.89
Current: 10.83
OCSE:TIV's Pretax Margin % is ranked better than 62.56% of 844
companies
in the Travel & Leisure industry
Industry Median: 6.22
vs OCSE:TIV: 10.83
Tivoli AS (OCSE:TIV) 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.
Tivoli AS Pretax Margin % Related Terms
Tivoli AS Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Tivoli 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:TIV vs AS, HAS, LTH: Pretax Margin % Comparison
For the Leisure subindustry, Tivoli 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.
Tivoli AS Pretax Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tivoli AS's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Tivoli 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.
Tivoli AS (OCSE:TIV) has a Pretax Margin % of -167.69% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tivoli AS and its competitors. According to the industry distribution chart, Tivoli AS ranks #316 out of 844 companies in the Travel & Leisure industry, placing it in the top 37.4%.
Is Tivoli AS's Pretax Margin % too high?
Tivoli AS's current Pretax Margin % is -167.69%. Based on the distribution chart, Tivoli AS ranks #316 out of 844 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tivoli AS has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tivoli AS's Pretax Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tivoli AS ranks #316 out of 844 companies for Pretax Margin %. This puts Tivoli AS in the upper 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 Tivoli AS 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. Tivoli AS's current Pretax Margin % is -167.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tivoli AS stock overvalued right now?
Based on GuruFocus' analysis, Tivoli AS (OCSE:TIV) is currently considered Modestly Undervalued. The stock's GF Value™ is kr739.89, compared to a current price of kr628.00 — trading 15.1% below its estimated fair value. The current Pretax Margin % is -167.69%. Tivoli AS's overall GF Score™ is 80/100 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 Tivoli AS (OCSE:TIV), the current Pretax Margin % is -167.69% 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 Tivoli AS (OCSE:TIV) Overvalued in 2026?
Based on GuruFocus' analysis, Tivoli AS stock appears to be undervalued.
The current stock price of kr628.00 is trading 15.1% below its estimated GF Value™ of kr739.89.
GuruFocus considers Tivoli AS to be Modestly Undervalued.
Key valuation signals for OCSE:TIV:
Pretax Margin %: -167.69%
GF Value™: kr739.89 vs. price of kr628.00 (15.1% below fair value)
No single metric tells the full story. See the OCSE:TIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tivoli AS operates Tivoli amusement park, located in central Copenhagen. It provides services like rides, music, entertainment, food, and drink. Its amusement park includes a green park, a concert hall, a theatre, and a circus. The company operates in six business segments: Games, Food & Beverage, High-End, Enterprise Rental, Sales, and Culture. It generates the majority of its revenue from the Sales segment.
80GF Score
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