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HIM International MusicROCO:8446 -0.11%85 Pretax Margin % is 38.93% as of Dec. 2025, which is 11% below its 10-year median of 43.81. GuruFocus rates ROCO:8446 with a GF Score™ of 85/100 and a GF Value™ of NT$104.13 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,013 Media - Diversified companies, HIM International Music ranks better than 98.22% on this metric.
The historical rank and industry rank for HIM International Music's Pretax Margin % or its related term are showing as below:
ROCO:8446'
s Pretax Margin % Range Over the Past 10 Years
Min: 19.8 Med: 43.81 Max: 62.06
Current: 62.06
ROCO:8446's Pretax Margin % is ranked better than 98.22% of 1013
companies
in the Media - Diversified industry
Industry Median: 1.94
vs ROCO:8446: 62.06
HIM International Music (ROCO:8446) 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.
HIM International Music Pretax Margin % Related Terms
HIM International Music Pretax Margin % Historical Data
* 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:8446 vs NFLX, DIS, WBD: Pretax Margin % Comparison
For the Entertainment subindustry, HIM International Music'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.
HIM International Music Pretax Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, HIM International Music's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where HIM International Music'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.
HIM International Music (ROCO:8446) has a Pretax Margin % of 38.93% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on HIM International Music and its competitors. This is 11% below median its historical median of 43.81. Over the past decade, HIM International Music's Pretax Margin % has ranged from 19.80 to 62.06. According to the industry distribution chart, HIM International Music ranks #18 out of 1013 companies in the Media - Diversified industry, placing it in the top 1.8%.
Is HIM International Music's Pretax Margin % too high?
HIM International Music's current Pretax Margin % of 38.93% is 11% below median its 10-year median of 43.81. Over the past 10 years, this metric has ranged from a low of 19.80 to a high of 62.06. The Media - Diversified industry median Pretax Margin % is 1.94. HIM International Music's value of 38.93% is 1906.7% above this industry median. Based on the distribution chart, HIM International Music ranks #18 out of 1013 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, HIM International Music has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HIM International Music's Pretax Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, HIM International Music ranks #18 out of 1013 companies for Pretax Margin %. This places HIM International Music in the top 2% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 1.94. HIM International Music's value of 38.93% is 1906.7% above this benchmark. Historically, HIM International Music's own Pretax Margin % has ranged from 19.80 to 62.06 over the past decade. While the company's 10-year median is 43.81 vs. the industry median of 1.94, HIM International Music 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 Media - Diversified company?
The median Pretax Margin % among Media - Diversified companies is 1.94, based on 1,013 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. HIM International Music's current Pretax Margin % of 38.93% is 1906.7% 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 HIM International Music and its competitors. For the Media - Diversified industry, the median Pretax Margin % is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIM International Music's current Pretax Margin % is 38.93%, which is 11% below median its own 10-year median of 43.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIM International Music stock overvalued right now?
Based on GuruFocus' analysis, HIM International Music (ROCO:8446) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$104.13, compared to a current price of NT$87.00 — trading 16.5% below its estimated fair value. The current Pretax Margin % is 38.93%, which is 11% below median its 10-year median of 43.81 and 1906.7% above the Media - Diversified industry median of 1.94. HIM International Music's overall GF Score™ is 85/100 with 5 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 HIM International Music (ROCO:8446), the current Pretax Margin % is 38.93% 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 HIM International Music (ROCO:8446) Overvalued in 2026?
Based on GuruFocus' analysis, HIM International Music stock appears to be undervalued.
The current stock price of NT$87.00 is trading 16.5% below its estimated GF Value™ of NT$104.13.
GuruFocus considers HIM International Music to be Modestly Undervalued.
Key valuation signals for ROCO:8446:
Pretax Margin %: 38.93% (11% below median its 10-year median of 43.81)
GF Value™: NT$104.13 vs. price of NT$87.00 (16.5% below fair value)
Industry Position: 1906.7% above the Media - Diversified median (#18 of 1013)
No single metric tells the full story. See the ROCO:8446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HIM International Music Inc is a Taiwan based media company. The company is engaged in production and distribution of pop music, copyright licensing, and artist management. The company also arrange concerts in Taiwan. Goegraphically, the company generates maximum revenue from Mainland China, followed by Taiwan, Singapore, USA, Hong Kong, and other regions.
85GF Score
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