iFASTSGX:AIY +0.67%92 Pretax Margin % is 21.71% as of Mar. 2026, which is 73% above its 10-year median of 12.57. GuruFocus rates SGX:AIY with a GF Score™ of 92/100 and a GF Value™ of S$12.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,823 Software companies, iFAST ranks better than 90.15% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. iFAST's Pre-Tax Income for the
three
months ended in Mar. 2026 was S$33.5 Mil. iFAST's Revenue for the
three
months ended in Mar. 2026 was S$154.5 Mil. Therefore, iFAST's pretax margin for the quarter that ended in Mar. 2026 was 21.71%.
The historical rank and industry rank for iFAST's Pretax Margin % or its related term are showing as below:
SGX:AIY'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.24 Med: 12.57 Max: 26.53
Current: 24.44
SGX:AIY's Pretax Margin % is ranked better than 90.15% of 2823
companies
in the Software industry
Industry Median: 3.51
vs SGX:AIY: 24.44
iFAST (SGX:AIY) 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.
iFAST Pretax Margin % Related Terms
iFAST Pretax Margin % Historical Data
* Premium members only.
The historical data trend for iFAST'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:AIY vs UBER, SHOP, CRM: Pretax Margin % Comparison
For the Software - Application subindustry, iFAST'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.
iFAST Pretax Margin % vs Software Industry
For the Software industry and Technology sector, iFAST's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where iFAST'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.
iFAST (SGX:AIY) has a Pretax Margin % of 21.71% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on iFAST and its competitors. This is 73% above median its historical median of 12.57. Over the past decade, iFAST's Pretax Margin % has ranged from 5.24 to 26.53. According to the industry distribution chart, iFAST ranks #278 out of 2823 companies in the Software industry, placing it in the top 9.8%.
Is iFAST's Pretax Margin % too high?
iFAST's current Pretax Margin % of 21.71% is 73% above median its 10-year median of 12.57. Over the past 10 years, this metric has ranged from a low of 5.24 to a high of 26.53. The Software industry median Pretax Margin % is 3.51. iFAST's value of 21.71% is 518.5% above this industry median. Based on the distribution chart, iFAST ranks #278 out of 2823 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, iFAST has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iFAST's Pretax Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, iFAST ranks #278 out of 2823 companies for Pretax Margin %. This places iFAST in the top 10% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.51. iFAST's value of 21.71% is 518.5% above this benchmark. Historically, iFAST's own Pretax Margin % has ranged from 5.24 to 26.53 over the past decade. While the company's 10-year median is 12.57 vs. the industry median of 3.51, iFAST 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 Software company?
The median Pretax Margin % among Software companies is 3.51, based on 2,823 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. iFAST's current Pretax Margin % of 21.71% is 518.5% 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 iFAST and its competitors. For the Software industry, the median Pretax Margin % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iFAST's current Pretax Margin % is 21.71%, which is 73% above median its own 10-year median of 12.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iFAST stock overvalued right now?
Based on GuruFocus' analysis, iFAST (SGX:AIY) is currently considered Modestly Undervalued. The stock's GF Value™ is S$12.35, compared to a current price of S$8.97 — trading 27.4% below its estimated fair value. The current Pretax Margin % is 21.71%, which is 73% above median its 10-year median of 12.57 and 518.5% above the Software industry median of 3.51. iFAST's overall GF Score™ is 92/100 with 6 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 iFAST (SGX:AIY), the current Pretax Margin % is 21.71% 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 iFAST (SGX:AIY) Overvalued in 2026?
Based on GuruFocus' analysis, iFAST stock appears to be undervalued.
The current stock price of S$8.97 is trading 27.4% below its estimated GF Value™ of S$12.35.
GuruFocus considers iFAST to be Modestly Undervalued.
Key valuation signals for SGX:AIY:
Pretax Margin %: 21.71% (73% above median its 10-year median of 12.57)
GF Value™: S$12.35 vs. price of S$8.97 (27.4% below fair value)
Industry Position: 518.5% above the Software median (#278 of 2823)
No single metric tells the full story. See the SGX:AIY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
iFAST Corp Ltd is an investment holding company. It is engaged in the development of software, marketing of unit trusts, exchange-traded funds, listed stocks, debt securities, and Singapore government securities through websites and acting as an investment advisor, dealer, and custodian in the securities, portfolio management, pension administrative services, trust services, and banking services. The company operates through geographic segments: Singapore, Hong Kong, Malaysia, the United Kingdom, and China. The Hong Kong region generates maximum revenue for the company. The company receives the majority of revenue in the form of commissions and fees.
92GF Score
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