The historical rank and industry rank for Ho Chi Minh City Securities's Pretax Margin % or its related term are showing as below:
STC:HCM'
s Pretax Margin % Range Over the Past 10 Years
Min: 57.74 Med: 87.2 Max: 115.42
Current: 107.36
STC:HCM's Pretax Margin % is ranked better than 94.44% of 774
companies
in the Capital Markets industry
Industry Median: 20.32
vs STC:HCM: 107.36
Ho Chi Minh City Securities (STC:HCM) 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.
Ho Chi Minh City Securities Pretax Margin % Related Terms
Ho Chi Minh City Securities Pretax Margin % Historical Data
* 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:HCM vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, Ho Chi Minh City Securities'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.
Ho Chi Minh City Securities Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Ho Chi Minh City Securities's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Ho Chi Minh City Securities'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.
Ho Chi Minh City Securities (STC:HCM) has a Pretax Margin % of 99.80% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ho Chi Minh City Securities and its competitors. This is 14% above median its historical median of 87.20. Over the past decade, Ho Chi Minh City Securities' Pretax Margin % has ranged from 57.74 to 115.42. According to the industry distribution chart, Ho Chi Minh City Securities ranks #43 out of 774 companies in the Capital Markets industry, placing it in the top 5.6%.
Is Ho Chi Minh City Securities' Pretax Margin % too high?
Ho Chi Minh City Securities' current Pretax Margin % of 99.80% is 14% above median its 10-year median of 87.20. Over the past 10 years, this metric has ranged from a low of 57.74 to a high of 115.42. The Capital Markets industry median Pretax Margin % is 20.32. Ho Chi Minh City Securities' value of 99.80% is 391.1% above this industry median. Based on the distribution chart, Ho Chi Minh City Securities ranks #43 out of 774 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Ho Chi Minh City Securities has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ho Chi Minh City Securities' Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Ho Chi Minh City Securities ranks #43 out of 774 companies for Pretax Margin %. This places Ho Chi Minh City Securities in the top 6% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.32. Ho Chi Minh City Securities' value of 99.80% is 391.1% above this benchmark. Historically, Ho Chi Minh City Securities' own Pretax Margin % has ranged from 57.74 to 115.42 over the past decade. While the company's 10-year median is 87.20 vs. the industry median of 20.32, Ho Chi Minh City Securities 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. Ho Chi Minh City Securities's current Pretax Margin % of 99.80% is 391.1% 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 Ho Chi Minh City Securities 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. Ho Chi Minh City Securities's current Pretax Margin % is 99.80%, which is 14% above median its own 10-year median of 87.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Chi Minh City Securities stock overvalued right now?
Based on GuruFocus' analysis, Ho Chi Minh City Securities (STC:HCM) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫24,211.51, compared to a current price of ₫26,900.00 — trading 11.1% above its estimated fair value. The current Pretax Margin % is 99.80%, which is 14% above median its 10-year median of 87.20 and 391.1% above the Capital Markets industry median of 20.32. Ho Chi Minh City Securities' overall GF Score™ is 62/100 with 10 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 Ho Chi Minh City Securities (STC:HCM), the current Pretax Margin % is 99.80% 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 Ho Chi Minh City Securities (STC:HCM) Overvalued in 2026?
Based on GuruFocus' analysis, Ho Chi Minh City Securities stock appears to be overvalued.
The current stock price of ₫26,900.00 is trading 11.1% above its estimated GF Value™ of ₫24,211.51.
GuruFocus considers Ho Chi Minh City Securities to be Modestly Overvalued.
Key valuation signals for STC:HCM:
Pretax Margin %: 99.80% (14% above median its 10-year median of 87.20)
GF Value™: ₫24,211.51 vs. price of ₫26,900.00 (11.1% above fair value)
Industry Position: 391.1% above the Capital Markets median (#43 of 774)
No single metric tells the full story. See the STC:HCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ho Chi Minh City Securities Corporation is a professional securities brokerage firm in Vietnam. It provides a comprehensive suite of financial services to institutional & private clients. The company focuses on professional investment advisory services backed by a highly recognized research team.
62GF Score
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