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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.
Spindex Industries Pretax Margin % Related Terms
Spindex Industries Pretax Margin % Historical Data
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The historical data trend for Spindex Industries'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.
SGX:564 vs SNA, RBC, LECO: Pretax Margin % Comparison
For the Tools & Accessories subindustry, Spindex Industries'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.
Spindex Industries Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Spindex Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Spindex Industries'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.
Spindex Industries (SGX:564) has a Pretax Margin % of 2.06% as of Jun. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Spindex Industries and its competitors. This is 80% below median its historical median of 10.56. Over the past decade, Spindex Industries' Pretax Margin % has ranged from 5.65 to 12.24.
Is Spindex Industries' Pretax Margin % too high?
Spindex Industries' current Pretax Margin % of 2.06% is 80% below median its 10-year median of 10.56. Over the past 10 years, this metric has ranged from a low of 5.65 to a high of 12.24. The Industrial Products industry median Pretax Margin % is 5.81. Spindex Industries' value of 2.06% is 64.5% below this industry median. Overall, Spindex Industries has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Spindex Industries' Pretax Margin % compare to SNA and RBC?
Spindex Industries' Pretax Margin % of 2.06% can be compared against companies in the Industrial Products industry. The industry median Pretax Margin % is 5.81. Spindex Industries' value of 2.06% is 64.5% below this benchmark. Historically, Spindex Industries' own Pretax Margin % has ranged from 5.65 to 12.24 over the past decade. While the company's 10-year median is 10.56 vs. the industry median of 5.81, Spindex Industries 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 an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.81, based on 3,031 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. Spindex Industries's current Pretax Margin % of 2.06% is 64.5% 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 Spindex Industries and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindex Industries's current Pretax Margin % is 2.06%, which is 80% below median its own 10-year median of 10.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindex Industries stock overvalued right now?
Spindex Industries (SGX:564) has a current Pretax Margin % of 2.06%. The stock's GF Value™ is S$0.88, compared to a current price of S$1.42 — trading 61.4% above its estimated fair value. The current Pretax Margin % is 2.06%, which is 80% below median its 10-year median of 10.56 and 64.5% below the Industrial Products industry median of 5.81. Spindex Industries' overall GF Score™ is 68/100 with 9 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 Spindex Industries (SGX:564), the current Pretax Margin % is 2.06% as of Jun. 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 Spindex Industries (SGX:564) Overvalued in 2026?
Based on GuruFocus' analysis, Spindex Industries stock appears to be overvalued.
The current stock price of S$1.42 is trading 61.4% above its estimated GF Value™ of S$0.88.
Key valuation signals for SGX:564:
Pretax Margin %: 2.06% (80% below median its 10-year median of 10.56)
GF Value™: S$0.88 vs. price of S$1.42 (61.4% above fair value)
Industry Position: 64.5% below the Industrial Products median
No single metric tells the full story. See the SGX:564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindex Industries Ltd is a manufacturer, importer, exporter, and dealer of mechanical, electrical, and electronic parts. The company's operating segment includes Imaging and printing; Machinery and automotive systems; and Consumer product and others. It generates maximum revenue from the Machinery and automotive systems segment. Geographically, it derives a majority of its revenue from the USA, Europe and others and also has a presence in Singapore; ASEAN, and China.
68GF Score
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