Avangard Bank JSC (RTD:AVAN) Pretax Margin %: 21.46% (As of Dec. 2020) — 21% Below Median


What is Avangard Bank JSC Pretax Margin %?

Avangard Bank JSC RTD:AVAN 17 Pretax Margin % is 21.46% as of Dec. 2020, which is 21% below its 10-year median of 27.02. GuruFocus rates RTD:AVAN with a GF Score™ of 17/100. The stock has 2 warning signs investors should review.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Avangard Bank JSC's Pre-Tax Income for the three months ended in Dec. 2020 was ₽770.32 Mil. Avangard Bank JSC's Revenue for the three months ended in Dec. 2020 was ₽3,589.37 Mil. Therefore, Avangard Bank JSC's pretax margin for the quarter that ended in Dec. 2020 was 21.46%.

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

RTD:AVAN' s Pretax Margin % Range Over the Past 10 Years
Min: 14.88   Med: 27.02   Max: 70.91
Current: 33.85


RTD:AVAN's Pretax Margin % is not ranked
in the Banks industry.
Industry Median: 34.715 vs RTD:AVAN: 33.85

Avangard Bank JSC  (RTD:AVAN) 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.


Avangard Bank JSC Pretax Margin % Related Terms


Avangard Bank JSC Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Avangard Bank JSC'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.

Avangard Bank JSC Pretax Margin % Chart

Avangard Bank JSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.91 51.17 38.28 43.20 27.15

Avangard Bank JSC Quarterly Data
Dec14 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 59.29 44.82 53.45 11.31 21.46

RTD:AVAN vs USB, TFC, PNC: Pretax Margin % Comparison

For the Banks - Regional subindustry, Avangard Bank JSC'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.


Avangard Bank JSC Pretax Margin % vs Banks Industry

For the Banks industry and Financial Services sector, Avangard Bank JSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Avangard Bank JSC's Pretax Margin % falls into.



Avangard Bank JSC 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.

Avangard Bank JSC's Pretax Margin for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=3491.96/12862.532
=27.15 %

Avangard Bank JSC's Pretax Margin for the quarter that ended in Dec. 2020 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2020 )/Revenue (Q: Dec. 2020 )
=770.324/3589.366
=21.46 %

* 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 21.46% mean?
Avangard Bank JSC (RTD:AVAN) has a Pretax Margin % of 21.46% as of Dec. 2020. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Avangard Bank JSC and its competitors. This is 21% below median its historical median of 27.02. Over the past decade, Avangard Bank JSC's Pretax Margin % has ranged from 14.88 to 70.91.
Is Avangard Bank JSC's Pretax Margin % too high?
Avangard Bank JSC's current Pretax Margin % of 21.46% is 21% below median its 10-year median of 27.02. Over the past 10 years, this metric has ranged from a low of 14.88 to a high of 70.91. The Banks industry median Pretax Margin % is 34.72. Avangard Bank JSC's value of 21.46% is 38.2% below this industry median. Overall, Avangard Bank JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Avangard Bank JSC's Pretax Margin % compare to USB and TFC?
Avangard Bank JSC's Pretax Margin % of 21.46% can be compared against companies in the Banks industry. The industry median Pretax Margin % is 34.72. Avangard Bank JSC's value of 21.46% is 38.2% below this benchmark. Historically, Avangard Bank JSC's own Pretax Margin % has ranged from 14.88 to 70.91 over the past decade. While the company's 10-year median is 27.02 vs. the industry median of 34.72, Avangard Bank JSC has consistently been below 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 Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,530 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. Avangard Bank JSC's current Pretax Margin % of 21.46% is 38.2% below 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 Avangard Bank JSC and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avangard Bank JSC's current Pretax Margin % is 21.46%, which is 21% below median its own 10-year median of 27.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avangard Bank JSC stock overvalued right now?
Avangard Bank JSC (RTD:AVAN) has a current Pretax Margin % of 21.46%. The current Pretax Margin % is 21.46%, which is 21% below median its 10-year median of 27.02 and 38.2% below the Banks industry median of 34.72. Avangard Bank JSC's overall GF Score™ is 17/100 with 2 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 Avangard Bank JSC (RTD:AVAN), the current Pretax Margin % is 21.46% as of Dec. 2020. 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.

Avangard Bank JSC Business Description

Address 12 Sadovnicheskaya Street, Building 1, Moscow, RUS, 115035
Avangard JSB formerly Avangard Bank JSC operates as a regional bank in Russia. It provides commercial banking products and services to its corporate and retail clients in Russia through its branches and affiliates. It is also engaged in lending cash and settlement services rendered to private businesses. The company offers deposits, car loans, bank cards, banknotes, securities transactions, settlement and cash, currency control, and money transfer services, as well as Internet banking and other services.