Old Chang Kee (SGX:5ML) Pretax Margin %: 11.01% (As of Mar. 2026) — 33% Above Median


SGX:5ML Old Chang Kee Ltd SGX:5ML
44 GF Score
Price S$1.18
GF Value S$0.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Old Chang Kee Pretax Margin %?

Old Chang Kee SGX:5ML +2.61% 44 Pretax Margin % is 11.01% as of Mar. 2026, which is 33% above its 10-year median of 8.30. GuruFocus rates SGX:5ML with a GF Score™ of 44/100 and a GF Value™ of S$0.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 361 Restaurants companies, Old Chang Kee ranks better than 87.26% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Old Chang Kee's Pre-Tax Income for the six months ended in Mar. 2026 was S$5.7 Mil. Old Chang Kee's Revenue for the six months ended in Mar. 2026 was S$51.5 Mil. Therefore, Old Chang Kee's pretax margin for the quarter that ended in Mar. 2026 was 11.01%.

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

SGX:5ML' s Pretax Margin % Range Over the Past 10 Years
Min: 1.95   Med: 8.3   Max: 13.25
Current: 11.36


SGX:5ML's Pretax Margin % is ranked better than
87.26% of 361 companies
in the Restaurants industry
Industry Median: 2.9 vs SGX:5ML: 11.36

Old Chang Kee  (SGX:5ML) 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.


Old Chang Kee Pretax Margin % Related Terms


Old Chang Kee Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Old Chang Kee'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.

Old Chang Kee Pretax Margin % Chart

Old Chang Kee Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.07 8.53 12.38 13.19 11.36

Old Chang Kee Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 13.35 14.54 11.78 11.71 11.01

SGX:5ML vs MCD, SBUX, YUM: Pretax Margin % Comparison

For the Restaurants subindustry, Old Chang Kee'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.


Old Chang Kee Pretax Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Old Chang Kee's Pretax Margin % falls into.


SGX:5ML
44GF Score
Old Chang Kee Ltd SGX:5ML
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Old Chang Kee 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.

Old Chang Kee's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=11.756/103.476
=11.36 %

Old Chang Kee's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=5.673/51.545
=11.01 %

* 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 11.01% mean?
Old Chang Kee (SGX:5ML) has a Pretax Margin % of 11.01% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Old Chang Kee and its competitors. This is 33% above median its historical median of 8.30. Over the past decade, Old Chang Kee's Pretax Margin % has ranged from 1.95 to 13.25. According to the industry distribution chart, Old Chang Kee ranks #46 out of 361 companies in the Restaurants industry, placing it in the top 12.7%.
Is Old Chang Kee's Pretax Margin % too high?
Old Chang Kee's current Pretax Margin % of 11.01% is 33% above median its 10-year median of 8.30. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 13.25. The Restaurants industry median Pretax Margin % is 2.90. Old Chang Kee's value of 11.01% is 279.7% above this industry median. Based on the distribution chart, Old Chang Kee ranks #46 out of 361 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Old Chang Kee has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Chang Kee's Pretax Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Old Chang Kee ranks #46 out of 361 companies for Pretax Margin %. This places Old Chang Kee in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 2.90. Old Chang Kee's value of 11.01% is 279.7% above this benchmark. Historically, Old Chang Kee's own Pretax Margin % has ranged from 1.95 to 13.25 over the past decade. While the company's 10-year median is 8.30 vs. the industry median of 2.90, Old Chang Kee 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 Restaurants company?
The median Pretax Margin % among Restaurants companies is 2.90, based on 361 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. Old Chang Kee's current Pretax Margin % of 11.01% is 279.7% 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 Old Chang Kee and its competitors. For the Restaurants industry, the median Pretax Margin % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Chang Kee's current Pretax Margin % is 11.01%, which is 33% above median its own 10-year median of 8.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Chang Kee stock overvalued right now?
Based on GuruFocus' analysis, Old Chang Kee (SGX:5ML) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.80, compared to a current price of S$1.18 — trading 47.5% above its estimated fair value. The current Pretax Margin % is 11.01%, which is 33% above median its 10-year median of 8.30 and 279.7% above the Restaurants industry median of 2.90. Old Chang Kee's overall GF Score™ is 44/100 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 Old Chang Kee (SGX:5ML), the current Pretax Margin % is 11.01% as of Mar. 2026. 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 Old Chang Kee (SGX:5ML) Overvalued in 2026?

Based on GuruFocus' analysis, Old Chang Kee stock appears to be overvalued. The current stock price of S$1.18 is trading 47.5% above its estimated GF Value™ of S$0.80. GuruFocus considers Old Chang Kee to be Significantly Overvalued.

Key valuation signals for SGX:5ML:

  • Pretax Margin %: 11.01% (33% above median its 10-year median of 8.30)
  • GF Value™: S$0.80 vs. price of S$1.18 (47.5% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 279.7% above the Restaurants median (#46 of 361)

No single metric tells the full story. See the SGX:5ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Old Chang Kee Business Description

Address 2 Woodlands Terrace, Singapore, SGP, 738427
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and a majority of its revenue is derived from Singapore. The company is engaged in the manufacture and sale of food products under brands such as Old Chang Kee, the Curry Times, and Dip n Go.
44GF Score

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

S$1.18
Price
S$0.80
GF Value