Etrend HightechROCO:3567 74 Pretax Margin % is 20.81% as of Dec. 2025, which is 22% below its 10-year median of 26.65. GuruFocus rates ROCO:3567 with a GF Score™ of 74/100 and a GF Value™ of NT$25.41 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,022 Semiconductors companies, Etrend Hightech ranks better than 74.56% 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.
Etrend Hightech Pretax Margin % Related Terms
Etrend Hightech Pretax Margin % Historical Data
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The historical data trend for Etrend Hightech'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.
ROCO:3567 vs NVDA, AVGO, MU: Pretax Margin % Comparison
For the Semiconductors subindustry, Etrend Hightech'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.
Etrend Hightech Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Etrend Hightech's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Etrend Hightech'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.
Etrend Hightech (ROCO:3567) has a Pretax Margin % of 20.81% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Etrend Hightech and its competitors. This is 22% below median its historical median of 26.65. Over the past decade, Etrend Hightech's Pretax Margin % has ranged from 16.11 to 31.62. According to the industry distribution chart, Etrend Hightech ranks #260 out of 1022 companies in the Semiconductors industry, placing it in the top 25.4%.
Is Etrend Hightech's Pretax Margin % too high?
Etrend Hightech's current Pretax Margin % of 20.81% is 22% below median its 10-year median of 26.65. Over the past 10 years, this metric has ranged from a low of 16.11 to a high of 31.62. The Semiconductors industry median Pretax Margin % is 5.08. Etrend Hightech's value of 20.81% is 310% above this industry median. Based on the distribution chart, Etrend Hightech ranks #260 out of 1022 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Etrend Hightech has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Etrend Hightech's Pretax Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Etrend Hightech ranks #260 out of 1022 companies for Pretax Margin %. This puts Etrend Hightech in the upper half of its industry. The industry median Pretax Margin % is 5.08. Etrend Hightech's value of 20.81% is 310% above this benchmark. Historically, Etrend Hightech's own Pretax Margin % has ranged from 16.11 to 31.62 over the past decade. While the company's 10-year median is 26.65 vs. the industry median of 5.08, Etrend Hightech 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.08, based on 1,022 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. Etrend Hightech's current Pretax Margin % of 20.81% is 310% 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 Etrend Hightech and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etrend Hightech's current Pretax Margin % is 20.81%, which is 22% below median its own 10-year median of 26.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etrend Hightech stock overvalued right now?
Based on GuruFocus' analysis, Etrend Hightech (ROCO:3567) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$25.41, compared to a current price of NT$30.05 — trading 18.3% above its estimated fair value. The current Pretax Margin % is 20.81%, which is 22% below median its 10-year median of 26.65 and 310% above the Semiconductors industry median of 5.08. Etrend Hightech's overall GF Score™ is 74/100 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 Etrend Hightech (ROCO:3567), the current Pretax Margin % is 20.81% as of Dec. 2025. 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 Etrend Hightech (ROCO:3567) Overvalued in 2026?
Based on GuruFocus' analysis, Etrend Hightech stock appears to be overvalued.
The current stock price of NT$30.05 is trading 18.3% above its estimated GF Value™ of NT$25.41.
GuruFocus considers Etrend Hightech to be Modestly Overvalued.
Key valuation signals for ROCO:3567:
Pretax Margin %: 20.81% (22% below median its 10-year median of 26.65)
GF Value™: NT$25.41 vs. price of NT$30.05 (18.3% above fair value)
Industry Position: 310% above the Semiconductors median (#260 of 1022)
No single metric tells the full story. See the ROCO:3567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Etrend Hightech Corp provides analog and mixed-signal integrated circuits testing services. Its services include test program development, probe card/load board/DUT board design, kit design, test process flow design and test production.
74GF Score
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