TSH Biopharm (ROCO:8432) Pretax Margin %: 13.06% (As of Dec. 2025) — 15% Below Median

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ROCO:8432 TSH Biopharm Corp Ltd ROCO:8432
84 GF Score
Price NT$50.20
GF Value NT$78.92
Valuation Significantly Undervalued
! 1 Warning Sign
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What is TSH Biopharm Pretax Margin %?

TSH Biopharm ROCO:8432 84 Pretax Margin % is 13.06% as of Dec. 2025, which is 15% below its 10-year median of 15.40. GuruFocus rates ROCO:8432 with a GF Score™ of 84/100 and a GF Value™ of NT$78.92 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 961 Drug Manufacturers companies, TSH Biopharm ranks better than 76.38% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TSH Biopharm's Pre-Tax Income for the three months ended in Dec. 2025 was NT$47 Mil. TSH Biopharm's Revenue for the three months ended in Dec. 2025 was NT$358 Mil. Therefore, TSH Biopharm's pretax margin for the quarter that ended in Dec. 2025 was 13.06%.

The historical rank and industry rank for TSH Biopharm's Pretax Margin % or its related term are showing as below:

ROCO:8432' s Pretax Margin % Range Over the Past 10 Years
Min: 9.38   Med: 15.4   Max: 32.2
Current: 17.57


ROCO:8432's Pretax Margin % is ranked better than
76.38% of 961 companies
in the Drug Manufacturers industry
Industry Median: 7.28 vs ROCO:8432: 17.57

TSH Biopharm  (ROCO:8432) 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.


TSH Biopharm Pretax Margin % Related Terms


TSH Biopharm Pretax Margin % Historical Data

* Premium members only.

The historical data trend for TSH Biopharm'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.

TSH Biopharm Pretax Margin % Chart

TSH Biopharm Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.89 10.96 9.38 15.54 17.57

TSH Biopharm Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.60 15.73 18.91 21.77 13.06

ROCO:8432 vs ZTS, UTHR: Pretax Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, TSH Biopharm'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.


TSH Biopharm Pretax Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TSH Biopharm's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where TSH Biopharm's Pretax Margin % falls into.


ROCO:8432
84GF Score
TSH Biopharm Corp Ltd ROCO:8432
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSH Biopharm Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

TSH Biopharm's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=234.787/1336.523
=17.57 %

TSH Biopharm's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=46.697/357.526
=13.06 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 13.06% mean?
TSH Biopharm (ROCO:8432) has a Pretax Margin % of 13.06% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TSH Biopharm and its competitors. This is 15% below median its historical median of 15.40. Over the past decade, TSH Biopharm's Pretax Margin % has ranged from 9.38 to 32.20. According to the industry distribution chart, TSH Biopharm ranks #227 out of 961 companies in the Drug Manufacturers industry, placing it in the top 23.6%.
Is TSH Biopharm's Pretax Margin % too high?
TSH Biopharm's current Pretax Margin % of 13.06% is 15% below median its 10-year median of 15.40. Over the past 10 years, this metric has ranged from a low of 9.38 to a high of 32.20. The Drug Manufacturers industry median Pretax Margin % is 7.28. TSH Biopharm's value of 13.06% is 79.4% above this industry median. Based on the distribution chart, TSH Biopharm ranks #227 out of 961 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, TSH Biopharm has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TSH Biopharm's Pretax Margin % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, TSH Biopharm ranks #227 out of 961 companies for Pretax Margin %. This places TSH Biopharm in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 7.28. TSH Biopharm's value of 13.06% is 79.4% above this benchmark. Historically, TSH Biopharm's own Pretax Margin % has ranged from 9.38 to 32.20 over the past decade. While the company's 10-year median is 15.40 vs. the industry median of 7.28, TSH Biopharm 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 Drug Manufacturers company?
The median Pretax Margin % among Drug Manufacturers companies is 7.28, based on 961 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. TSH Biopharm's current Pretax Margin % of 13.06% is 79.4% 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 TSH Biopharm and its competitors. For the Drug Manufacturers industry, the median Pretax Margin % is 7.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSH Biopharm's current Pretax Margin % is 13.06%, which is 15% below median its own 10-year median of 15.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSH Biopharm stock overvalued right now?
Based on GuruFocus' analysis, TSH Biopharm (ROCO:8432) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$78.92, compared to a current price of NT$50.20 — trading 36.4% below its estimated fair value. The current Pretax Margin % is 13.06%, which is 15% below median its 10-year median of 15.40 and 79.4% above the Drug Manufacturers industry median of 7.28. TSH Biopharm's overall GF Score™ is 84/100 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 TSH Biopharm (ROCO:8432), the current Pretax Margin % is 13.06% 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 TSH Biopharm (ROCO:8432) Overvalued in 2026?

Based on GuruFocus' analysis, TSH Biopharm stock appears to be undervalued. The current stock price of NT$50.20 is trading 36.4% below its estimated GF Value™ of NT$78.92. GuruFocus considers TSH Biopharm to be Significantly Undervalued.

Key valuation signals for ROCO:8432:

  • Pretax Margin %: 13.06% (15% below median its 10-year median of 15.40)
  • GF Value™: NT$78.92 vs. price of NT$50.20 (36.4% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 79.4% above the Drug Manufacturers median (#227 of 961)

No single metric tells the full story. See the ROCO:8432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSH Biopharm Business Description

Address No.3-1, Park Street, 3rd Floor-1, Nangang District, Taipei, TWN, 115
TSH Biopharm Corp Ltd is engaged in sale of a variety of pharmaceuticals, chemical drugs and engaged in biotechnology services. The company specializes in the development, manufacture, and marketing of branded drugs for chronic diseases. Key therapeutic areas include cardiovascular, central nervous system, gastroenterology, and severe chronic diseases, alongside precision medicine/genetic testing services .The Company's revenue is earned domestically. It earns majority of its revenue from the sale of Lozenges.
84GF Score

Get the complete analysis for ROCO:8432

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$50.20
Price
NT$78.92
GF Value