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Grand Banks YachtsSGX:G50 66 Pretax Margin % is 6.33% as of Dec. 2025, which is 29% above its 10-year median of 4.90. GuruFocus rates SGX:G50 with a GF Score™ of 66/100 and a GF Value™ of S$0.63 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 842 Travel & Leisure companies, Grand Banks Yachts ranks better than 64.01% on this metric.
Grand Banks Yachts (SGX:G50) 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.
Grand Banks Yachts Pretax Margin % Related Terms
Grand Banks Yachts Pretax Margin % Historical Data
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The historical data trend for Grand Banks Yachts'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:G50 vs AS, HAS, LTH: Pretax Margin % Comparison
For the Leisure subindustry, Grand Banks Yachts'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.
Grand Banks Yachts Pretax Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Grand Banks Yachts's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Grand Banks Yachts'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.
Grand Banks Yachts (SGX:G50) has a Pretax Margin % of 6.33% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Grand Banks Yachts and its competitors. This is 29% above median its historical median of 4.90. Over the past decade, Grand Banks Yachts' Pretax Margin % has ranged from 0.84 to 21.85. According to the industry distribution chart, Grand Banks Yachts ranks #303 out of 842 companies in the Travel & Leisure industry, placing it in the top 36%.
Is Grand Banks Yachts' Pretax Margin % too high?
Grand Banks Yachts' current Pretax Margin % of 6.33% is 29% above median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 21.85. The Travel & Leisure industry median Pretax Margin % is 6.28. Grand Banks Yachts' value of 6.33% is 0.9% above this industry median. Based on the distribution chart, Grand Banks Yachts ranks #303 out of 842 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Grand Banks Yachts has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Banks Yachts' Pretax Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Grand Banks Yachts ranks #303 out of 842 companies for Pretax Margin %. This puts Grand Banks Yachts in the upper half of its industry. The industry median Pretax Margin % is 6.28. Grand Banks Yachts' value of 6.33% is 0.9% above this benchmark. Historically, Grand Banks Yachts' own Pretax Margin % has ranged from 0.84 to 21.85 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 6.28, Grand Banks Yachts 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 Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.28, based on 842 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. Grand Banks Yachts's current Pretax Margin % of 6.33% is 0.9% 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 Grand Banks Yachts and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Banks Yachts's current Pretax Margin % is 6.33%, which is 29% above median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Banks Yachts stock overvalued right now?
Based on GuruFocus' analysis, Grand Banks Yachts (SGX:G50) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.63, compared to a current price of S$0.73 — trading 15.9% above its estimated fair value. The current Pretax Margin % is 6.33%, which is 29% above median its 10-year median of 4.90 and 0.9% above the Travel & Leisure industry median of 6.28. Grand Banks Yachts' overall GF Score™ is 66/100 with 3 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 Grand Banks Yachts (SGX:G50), the current Pretax Margin % is 6.33% 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 Grand Banks Yachts (SGX:G50) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Banks Yachts stock appears to be overvalued.
The current stock price of S$0.73 is trading 15.9% above its estimated GF Value™ of S$0.63.
GuruFocus considers Grand Banks Yachts to be Modestly Overvalued.
Key valuation signals for SGX:G50:
Pretax Margin %: 6.33% (29% above median its 10-year median of 4.90)
GF Value™: S$0.63 vs. price of S$0.73 (15.9% above fair value)
Industry Position: 0.9% above the Travel & Leisure median (#303 of 842)
No single metric tells the full story. See the SGX:G50 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Banks Yachts Ltd, along with its subsidiaries, is an investment holding company involved in manufacturing, selling, and exporting luxury yachts overseas. The company has two segments: Manufacturing and Trading, and Others. The Manufacturing and Trading segment involves the manufacturing and sale of yachts to end customers. The Others segment includes ancillary sales such as brokerage income, service income, and sales of trade-in boats. The majority of the company's revenue comes from the Manufacturing and Trading of Yachts segment. Geographically, the company exports its products to the United States of America, Europe, Australia, and Asia, with the United States of America generating the maximum revenue.
66GF Score
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