FPT Securities JSCSTC:FTS -1.31%74 Pretax Margin % is 232.26% as of Mar. 2026, which is 63% above its 10-year median of 142.29. GuruFocus rates STC:FTS with a GF Score™ of 74/100 and a GF Value™ of ₫34,033.47 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 774 Capital Markets companies, FPT Securities JSC ranks better than 95.09% on this metric.
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.
FPT Securities JSC Pretax Margin % Related Terms
FPT Securities JSC Pretax Margin % Historical Data
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The historical data trend for FPT 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.
STC:FTS vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, FPT 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.
FPT Securities JSC Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, FPT Securities JSC's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where FPT Securities JSC'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.
FPT Securities JSC (STC:FTS) has a Pretax Margin % of 232.26% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on FPT Securities JSC and its competitors. This is 63% above median its historical median of 142.29. Over the past decade, FPT Securities JSC's Pretax Margin % has ranged from 89.34 to 237.04. According to the industry distribution chart, FPT Securities JSC ranks #38 out of 774 companies in the Capital Markets industry, placing it in the top 4.9%.
Is FPT Securities JSC's Pretax Margin % too high?
FPT Securities JSC's current Pretax Margin % of 232.26% is 63% above median its 10-year median of 142.29. Over the past 10 years, this metric has ranged from a low of 89.34 to a high of 237.04. The Capital Markets industry median Pretax Margin % is 20.32. FPT Securities JSC's value of 232.26% is 1043% above this industry median. Based on the distribution chart, FPT Securities JSC ranks #38 out of 774 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, FPT Securities JSC has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FPT Securities JSC's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, FPT Securities JSC ranks #38 out of 774 companies for Pretax Margin %. This places FPT Securities JSC in the top 5% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.32. FPT Securities JSC's value of 232.26% is 1043% above this benchmark. Historically, FPT Securities JSC's own Pretax Margin % has ranged from 89.34 to 237.04 over the past decade. While the company's 10-year median is 142.29 vs. the industry median of 20.32, FPT 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 20.32, based on 774 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. FPT Securities JSC's current Pretax Margin % of 232.26% is 1043% 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 FPT Securities JSC and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FPT Securities JSC's current Pretax Margin % is 232.26%, which is 63% above median its own 10-year median of 142.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FPT Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, FPT Securities JSC (STC:FTS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫34,033.47, compared to a current price of ₫26,400.00 — trading 22.4% below its estimated fair value. The current Pretax Margin % is 232.26%, which is 63% above median its 10-year median of 142.29 and 1043% above the Capital Markets industry median of 20.32. FPT Securities JSC's overall GF Score™ is 74/100 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 FPT Securities JSC (STC:FTS), the current Pretax Margin % is 232.26% 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 FPT Securities JSC (STC:FTS) Overvalued in 2026?
Based on GuruFocus' analysis, FPT Securities JSC stock appears to be undervalued.
The current stock price of ₫26,400.00 is trading 22.4% below its estimated GF Value™ of ₫34,033.47.
GuruFocus considers FPT Securities JSC to be Modestly Undervalued.
Key valuation signals for STC:FTS:
Pretax Margin %: 232.26% (63% above median its 10-year median of 142.29)
GF Value™: ₫34,033.47 vs. price of ₫26,400.00 (22.4% below fair value)
Industry Position: 1043% above the Capital Markets median (#38 of 774)
No single metric tells the full story. See the STC:FTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FPT Securities JSC is a financial service company. The company is engaged in providing securities brokerage, securities trading, securities investment advisory, securities custody, and underwriting. It offers its services to domestic and foreign investors and enterprises.
74GF Score
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