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MGI Tech CoSHSE:688114 -2.38%69 Pretax Margin % is -14.19% as of Mar. 2026. GuruFocus rates SHSE:688114 with a GF Score™ of 69/100 and a GF Value™ of ¥66.44 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 817 Medical Devices & Instruments companies, MGI Tech Co ranks worse than 60.95% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MGI Tech Co's Pre-Tax Income for the
three
months ended in Mar. 2026 was ¥-83 Mil. MGI Tech Co's Revenue for the
three
months ended in Mar. 2026 was ¥585 Mil. Therefore, MGI Tech Co's pretax margin for the quarter that ended in Mar. 2026 was -14.19%.
The historical rank and industry rank for MGI Tech Co's Pretax Margin % or its related term are showing as below:
SHSE:688114'
s Pretax Margin % Range Over the Past 10 Years
Min: -20.29 Med: -9.91 Max: 59.83
Current: -6.7
SHSE:688114's Pretax Margin % is ranked worse than 60.95% of 817
companies
in the Medical Devices & Instruments industry
Industry Median: 2.4
vs SHSE:688114: -6.70
MGI Tech Co (SHSE:688114) 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.
MGI Tech Co Pretax Margin % Related Terms
MGI Tech Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for MGI Tech Co'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.
SHSE:688114 vs ABT, SYK, MDT: Pretax Margin % Comparison
For the Medical Devices subindustry, MGI Tech Co'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.
MGI Tech Co Pretax Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, MGI Tech Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where MGI Tech Co'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.
MGI Tech Co (SHSE:688114) has a Pretax Margin % of -14.19% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on MGI Tech Co and its competitors. According to the industry distribution chart, MGI Tech Co ranks #498 out of 817 companies in the Medical Devices & Instruments industry, placing it in the top 61%.
Is MGI Tech Co's Pretax Margin % too high?
MGI Tech Co's current Pretax Margin % is -14.19%. Based on the distribution chart, MGI Tech Co ranks #498 out of 817 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, MGI Tech Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGI Tech Co's Pretax Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, MGI Tech Co ranks #498 out of 817 companies for Pretax Margin %. This places MGI Tech Co in the lower half of its industry. The industry median Pretax Margin % is 2.40. 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 Medical Devices & Instruments company?
The median Pretax Margin % among Medical Devices & Instruments companies is 2.40, based on 817 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. 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 MGI Tech Co and its competitors. For the Medical Devices & Instruments industry, the median Pretax Margin % is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGI Tech Co's current Pretax Margin % is -14.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGI Tech Co stock overvalued right now?
Based on GuruFocus' analysis, MGI Tech Co (SHSE:688114) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥66.44, compared to a current price of ¥47.11 — trading 29.1% below its estimated fair value. The current Pretax Margin % is -14.19%. MGI Tech Co's overall GF Score™ is 69/100 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 MGI Tech Co (SHSE:688114), the current Pretax Margin % is -14.19% 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 MGI Tech Co (SHSE:688114) Overvalued in 2026?
Based on GuruFocus' analysis, MGI Tech Co stock appears to be undervalued.
The current stock price of ¥47.11 is trading 29.1% below its estimated GF Value™ of ¥66.44.
GuruFocus considers MGI Tech Co to be Modestly Undervalued.
Key valuation signals for SHSE:688114:
Pretax Margin %: -14.19%
GF Value™: ¥66.44 vs. price of ¥47.11 (29.1% below fair value)
No single metric tells the full story. See the SHSE:688114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGI Tech Co Ltd is a producer of clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. It provides real-time, panoramic, and full-life-cycle equipment and systems for precision medicine, precision agriculture, precision healthcare, and other relevant industries.
69GF Score
Get the complete analysis for SHSE:688114
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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