Agribank Securities JSC (STC:AGR) Pretax Margin %: 39.60% (As of Mar. 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:AGR Agribank Securities JSC STC:AGR
76 GF Score
Price ₫14,500.00
GF Value ₫20,599.43
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Agribank Securities JSC Pretax Margin %?

Agribank Securities JSC STC:AGR 76 Pretax Margin % is 39.60% as of Mar. 2026, which is 18% below its 10-year median of 48.24. GuruFocus rates STC:AGR with a GF Score™ of 76/100 and a GF Value™ of ₫20,599.43 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 776 Capital Markets companies, Agribank Securities JSC ranks better than 71.01% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Agribank Securities JSC's Pre-Tax Income for the three months ended in Mar. 2026 was ₫54,562 Mil. Agribank Securities JSC's Revenue for the three months ended in Mar. 2026 was ₫137,781 Mil. Therefore, Agribank Securities JSC's pretax margin for the quarter that ended in Mar. 2026 was 39.60%.

The historical rank and industry rank for Agribank Securities JSC's Pretax Margin % or its related term are showing as below:

STC:AGR' s Pretax Margin % Range Over the Past 10 Years
Min: -280.51   Med: 48.24   Max: 238.5
Current: 42.15


STC:AGR's Pretax Margin % is ranked better than
71.01% of 776 companies
in the Capital Markets industry
Industry Median: 20.695 vs STC:AGR: 42.15

Agribank Securities JSC  (STC:AGR) 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.


Agribank Securities JSC Pretax Margin % Related Terms


Agribank Securities JSC Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Agribank Securities JSC'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.

Agribank Securities JSC Pretax Margin % Chart

Agribank Securities JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.50 54.28 54.91 47.42 45.60

Agribank Securities JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 52.30 32.93 57.29 29.59 39.60

STC:AGR vs MS, GS, SCHW: Pretax Margin % Comparison

For the Capital Markets subindustry, Agribank Securities JSC'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.


Agribank Securities JSC Pretax Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Agribank Securities JSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Agribank Securities JSC's Pretax Margin % falls into.


STC:AGR
76GF Score
Agribank Securities JSC STC:AGR
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Agribank Securities JSC 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.

Agribank Securities JSC's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=176347.412/386766.08
=45.60 %

Agribank Securities JSC'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 )
=54561.584/137780.644
=39.60 %

* 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 39.60% mean?
Agribank Securities JSC (STC:AGR) has a Pretax Margin % of 39.60% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Agribank Securities JSC and its competitors. This is 18% below median its historical median of 48.24. According to the industry distribution chart, Agribank Securities JSC ranks #225 out of 776 companies in the Capital Markets industry, placing it in the top 29%.
Is Agribank Securities JSC's Pretax Margin % too high?
Agribank Securities JSC's current Pretax Margin % of 39.60% is 18% below median its 10-year median of 48.24. The Capital Markets industry median Pretax Margin % is 20.70. Agribank Securities JSC's value of 39.60% is 91.4% above this industry median. Based on the distribution chart, Agribank Securities JSC ranks #225 out of 776 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Agribank Securities JSC has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Agribank Securities JSC's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Agribank Securities JSC ranks #225 out of 776 companies for Pretax Margin %. This puts Agribank Securities JSC in the upper half of its industry. The industry median Pretax Margin % is 20.70. Agribank Securities JSC's value of 39.60% is 91.4% above this benchmark. While the company's 10-year median is 48.24 vs. the industry median of 20.70, Agribank Securities JSC 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.70, based on 776 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. Agribank Securities JSC's current Pretax Margin % of 39.60% is 91.4% 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 Agribank Securities JSC and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agribank Securities JSC's current Pretax Margin % is 39.60%, which is 18% below median its own 10-year median of 48.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agribank Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Agribank Securities JSC (STC:AGR) is currently considered Possible Value Trap. The stock's GF Value™ is ₫20,599.43, compared to a current price of ₫14,500.00 — trading 29.6% below its estimated fair value. The current Pretax Margin % is 39.60%, which is 18% below median its 10-year median of 48.24 and 91.4% above the Capital Markets industry median of 20.70. Agribank Securities JSC's overall GF Score™ is 76/100 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 Agribank Securities JSC (STC:AGR), the current Pretax Margin % is 39.60% 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 Agribank Securities JSC (STC:AGR) Overvalued in 2026?

Based on GuruFocus' analysis, Agribank Securities JSC stock appears to be undervalued. The current stock price of ₫14,500.00 is trading 29.6% below its estimated GF Value™ of ₫20,599.43. GuruFocus considers Agribank Securities JSC to be Possible Value Trap.

Key valuation signals for STC:AGR:

  • Pretax Margin %: 39.60% (18% below median its 10-year median of 48.24)
  • GF Value™: ₫20,599.43 vs. price of ₫14,500.00 (29.6% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 91.4% above the Capital Markets median (#225 of 776)

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


Agribank Securities JSC Business Description

Address ARTEX Building, 172 Ngoc Khanh, 5th Floor, Ba Dinh District, Hanoi, VNM
Agribank Securities JSC operates as a securities services company in Vietnam. It business line include securities and stock brokerage, securities investment and corporate finance consultancy, and securities placement and registration services.
76GF Score

Get the complete analysis for STC:AGR

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

₫14,500.00
Price
₫20,599.43
GF Value