Nordnet AB (publ)OSTO:SAVE +1.21%77 Pretax Margin % is 69.58% as of Mar. 2026, which is 21% above its 10-year median of 57.60. GuruFocus rates OSTO:SAVE with a GF Score™ of 77/100 and a GF Value™ of kr271.67 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 777 Capital Markets companies, Nordnet AB (publ) ranks better than 86.23% on this metric.
The historical rank and industry rank for Nordnet AB (publ)'s Pretax Margin % or its related term are showing as below:
OSTO:SAVE'
s Pretax Margin % Range Over the Past 10 Years
Min: 10.93 Med: 57.6 Max: 69.56
Current: 68.72
OSTO:SAVE's Pretax Margin % is ranked better than 86.23% of 777
companies
in the Capital Markets industry
Industry Median: 20.51
vs OSTO:SAVE: 68.72
Nordnet AB (publ) (OSTO:SAVE) 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.
Nordnet AB (publ) Pretax Margin % Related Terms
Nordnet AB (publ) Pretax Margin % Historical Data
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The historical data trend for Nordnet AB (publ)'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.
OSTO:SAVE vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, Nordnet AB (publ)'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.
Nordnet AB (publ) Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nordnet AB (publ)'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.
Nordnet AB (publ) (OSTO:SAVE) has a Pretax Margin % of 69.58% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nordnet AB (publ) and its competitors. This is 21% above median its historical median of 57.60. Over the past decade, Nordnet AB (publ)'s Pretax Margin % has ranged from 10.93 to 69.56. According to the industry distribution chart, Nordnet AB (publ) ranks #107 out of 777 companies in the Capital Markets industry, placing it in the top 13.8%.
Is Nordnet AB (publ)'s Pretax Margin % too high?
Nordnet AB (publ)'s current Pretax Margin % of 69.58% is 21% above median its 10-year median of 57.60. Over the past 10 years, this metric has ranged from a low of 10.93 to a high of 69.56. The Capital Markets industry median Pretax Margin % is 20.51. Nordnet AB (publ)'s value of 69.58% is 239.2% above this industry median. Based on the distribution chart, Nordnet AB (publ) ranks #107 out of 777 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Nordnet AB (publ) has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordnet AB (publ)'s Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Nordnet AB (publ) ranks #107 out of 777 companies for Pretax Margin %. This places Nordnet AB (publ) in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.51. Nordnet AB (publ)'s value of 69.58% is 239.2% above this benchmark. Historically, Nordnet AB (publ)'s own Pretax Margin % has ranged from 10.93 to 69.56 over the past decade. While the company's 10-year median is 57.60 vs. the industry median of 20.51, Nordnet AB (publ) 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.51, based on 777 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. Nordnet AB (publ)'s current Pretax Margin % of 69.58% is 239.2% 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 Nordnet AB (publ) and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordnet AB (publ)'s current Pretax Margin % is 69.58%, which is 21% above median its own 10-year median of 57.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordnet AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, Nordnet AB (publ) (OSTO:SAVE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr271.67, compared to a current price of kr368.00 — trading 35.5% above its estimated fair value. The current Pretax Margin % is 69.58%, which is 21% above median its 10-year median of 57.60 and 239.2% above the Capital Markets industry median of 20.51. Nordnet AB (publ)'s overall GF Score™ is 77/100 with 6 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 Nordnet AB (publ) (OSTO:SAVE), the current Pretax Margin % is 69.58% 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 Nordnet AB (publ) (OSTO:SAVE) Overvalued in 2026?
Based on GuruFocus' analysis, Nordnet AB (publ) stock appears to be overvalued.
The current stock price of kr368.00 is trading 35.5% above its estimated GF Value™ of kr271.67.
GuruFocus considers Nordnet AB (publ) to be Significantly Overvalued.
Key valuation signals for OSTO:SAVE:
Pretax Margin %: 69.58% (21% above median its 10-year median of 57.60)
GF Value™: kr271.67 vs. price of kr368.00 (35.5% above fair value)
Industry Position: 239.2% above the Capital Markets median (#107 of 777)
No single metric tells the full story. See the OSTO:SAVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordnet AB (publ) offers financial services and products, in savings and investments in its home markets of Sweden, Norway, Denmark, and Finland. Its products include savings and investments, pension, and loans. Its operating segments are Sweden, Norway, Denmark, and Finland of which Sweden derives the majority of the revenue.
77GF Score
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