Synlait MilkSMLKF 33 Pretax Margin % is -8.50% as of Jan. 2026. GuruFocus rates SMLKF with a GF Score™ of 33/100 and a GF Value™ of $0.77. The stock has 4 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, Synlait Milk ranks worse than 84.42% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Synlait Milk's Pre-Tax Income for the
six
months ended in Jan. 2026 was $-39 Mil. Synlait Milk's Revenue for the
six
months ended in Jan. 2026 was $455 Mil. Therefore, Synlait Milk's pretax margin for the quarter that ended in Jan. 2026 was -8.50%.
The historical rank and industry rank for Synlait Milk's Pretax Margin % or its related term are showing as below:
SMLKF'
s Pretax Margin % Range Over the Past 10 Years
Min: -14.52 Med: 4.79 Max: 11.81
Current: -7.58
SMLKF's Pretax Margin % is ranked worse than 84.42% of 1951
companies
in the Consumer Packaged Goods industry
Industry Median: 4.67
vs SMLKF: -7.58
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.
Synlait Milk Pretax Margin % Related Terms
Synlait Milk Pretax Margin % Historical Data
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The historical data trend for Synlait Milk'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.
SMLKF vs KHC, GIS, JBS: Pretax Margin % Comparison
For the Packaged Foods subindustry, Synlait Milk'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.
Synlait Milk Pretax Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Synlait Milk's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Synlait Milk'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.
Synlait Milk (SMLKF) has a Pretax Margin % of -8.50% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Synlait Milk and its competitors. According to the industry distribution chart, Synlait Milk ranks #1647 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 84.4%.
Is Synlait Milk's Pretax Margin % too high?
Synlait Milk's current Pretax Margin % is -8.50%. Based on the distribution chart, Synlait Milk ranks #1647 out of 1951 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Synlait Milk has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Synlait Milk's Pretax Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Synlait Milk ranks #1647 out of 1951 companies for Pretax Margin %. This places Synlait Milk in the lower half of its industry. The industry median Pretax Margin % is 4.67. 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 Consumer Packaged Goods company?
The median Pretax Margin % among Consumer Packaged Goods companies is 4.67, based on 1,951 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 Synlait Milk and its competitors. For the Consumer Packaged Goods industry, the median Pretax Margin % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synlait Milk's current Pretax Margin % is -8.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synlait Milk stock overvalued right now?
Synlait Milk (SMLKF) has a current Pretax Margin % of -8.50%. The stock's GF Value™ is $0.77, compared to a current price of $0.97 — trading 26.1% above its estimated fair value. The current Pretax Margin % is -8.50%. Synlait Milk's overall GF Score™ is 33/100 with 4 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 Synlait Milk (SMLKF), the current Pretax Margin % is -8.50% as of Jan. 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 Synlait Milk (SMLKF) Overvalued in 2026?
Based on GuruFocus' analysis, Synlait Milk stock appears to be overvalued.
The current stock price of $0.97 is trading 26.1% above its estimated GF Value™ of $0.77.
Key valuation signals for SMLKF:
Pretax Margin %: -8.50%
GF Value™: $0.77 vs. price of $0.97 (26.1% above fair value)
No single metric tells the full story. See the SMLKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. Its segment are Synlait and Dairyworks, out of which it derives maximum revenue from Synlait segment.
33GF Score
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