Ha Do Group JSC (STC:HDG) Pretax Margin %: 18.10% (As of Mar. 2026) — 43% Below Median


STC:HDG Ha Do Group JSC STC:HDG
83 GF Score
Price ₫20,800.00
GF Value ₫20,282.15
Valuation Fairly Valued
! 2 Warning Signs
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What is Ha Do Group JSC Pretax Margin %?

Ha Do Group JSC STC:HDG 83 Pretax Margin % is 18.10% as of Mar. 2026, which is 43% below its 10-year median of 31.50. GuruFocus rates STC:HDG with a GF Score™ of 83/100 and a GF Value™ of ₫20,282.15 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,755 Real Estate companies, Ha Do Group JSC ranks better than 72.36% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ha Do Group JSC's Pre-Tax Income for the three months ended in Mar. 2026 was ₫123,812 Mil. Ha Do Group JSC's Revenue for the three months ended in Mar. 2026 was ₫683,900 Mil. Therefore, Ha Do Group JSC's pretax margin for the quarter that ended in Mar. 2026 was 18.10%.

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

STC:HDG' s Pretax Margin % Range Over the Past 10 Years
Min: 14.08   Med: 31.5   Max: 44.8
Current: 32.42


STC:HDG's Pretax Margin % is ranked better than
72.36% of 1755 companies
in the Real Estate industry
Industry Median: 12.44 vs STC:HDG: 32.42

Ha Do Group JSC  (STC:HDG) 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.


Ha Do Group JSC Pretax Margin % Related Terms


Ha Do Group JSC Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Ha Do Group 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.

Ha Do Group JSC Pretax Margin % Chart

Ha Do Group 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 43.50 44.80 33.34 21.08 38.42

Ha Do Group 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 38.29 8.34 50.38 44.92 18.10

Ha Do Group JSC Pretax Margin % Competitor Comparison

For the Real Estate - Development subindustry, Ha Do Group 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.


Ha Do Group JSC Pretax Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ha Do Group JSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ha Do Group JSC's Pretax Margin % falls into.


STC:HDG
83GF Score
Ha Do Group JSC STC:HDG
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ha Do Group 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.

Ha Do Group 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 )
=1070461.465/2786540.438
=38.42 %

Ha Do Group 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 )
=123812.057/683899.891
=18.10 %

* 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 18.10% mean?
Ha Do Group JSC (STC:HDG) has a Pretax Margin % of 18.10% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ha Do Group JSC and its competitors. This is 43% below median its historical median of 31.50. Over the past decade, Ha Do Group JSC's Pretax Margin % has ranged from 14.08 to 44.80. According to the industry distribution chart, Ha Do Group JSC ranks #485 out of 1755 companies in the Real Estate industry, placing it in the top 27.6%.
Is Ha Do Group JSC's Pretax Margin % too high?
Ha Do Group JSC's current Pretax Margin % of 18.10% is 43% below median its 10-year median of 31.50. Over the past 10 years, this metric has ranged from a low of 14.08 to a high of 44.80. The Real Estate industry median Pretax Margin % is 12.44. Ha Do Group JSC's value of 18.10% is 45.5% above this industry median. Based on the distribution chart, Ha Do Group JSC ranks #485 out of 1755 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ha Do Group JSC has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ha Do Group JSC's Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, Ha Do Group JSC ranks #485 out of 1755 companies for Pretax Margin %. This puts Ha Do Group JSC in the upper half of its industry. The industry median Pretax Margin % is 12.44. Ha Do Group JSC's value of 18.10% is 45.5% above this benchmark. Historically, Ha Do Group JSC's own Pretax Margin % has ranged from 14.08 to 44.80 over the past decade. While the company's 10-year median is 31.50 vs. the industry median of 12.44, Ha Do Group 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.44, based on 1,755 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. Ha Do Group JSC's current Pretax Margin % of 18.10% is 45.5% 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 Ha Do Group JSC and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ha Do Group JSC's current Pretax Margin % is 18.10%, which is 43% below median its own 10-year median of 31.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ha Do Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Ha Do Group JSC (STC:HDG) is currently considered Fairly Valued. The stock's GF Value™ is ₫20,282.15, compared to a current price of ₫20,800.00 — trading 2.6% above its estimated fair value. The current Pretax Margin % is 18.10%, which is 43% below median its 10-year median of 31.50 and 45.5% above the Real Estate industry median of 12.44. Ha Do Group JSC's overall GF Score™ is 83/100 with 2 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 Ha Do Group JSC (STC:HDG), the current Pretax Margin % is 18.10% 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 Ha Do Group JSC (STC:HDG) Overvalued in 2026?

Based on GuruFocus' analysis, Ha Do Group JSC stock appears to be overvalued. The current stock price of ₫20,800.00 is trading 2.6% above its estimated GF Value™ of ₫20,282.15. GuruFocus considers Ha Do Group JSC to be Fairly Valued.

Key valuation signals for STC:HDG:

  • Pretax Margin %: 18.10% (43% below median its 10-year median of 31.50)
  • GF Value™: ₫20,282.15 vs. price of ₫20,800.00 (2.6% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 45.5% above the Real Estate median (#485 of 1755)

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


Ha Do Group JSC Business Description

Address 8 Lang Ha Street, Giang Vo Ward, Hanoi, VNM
Ha Do Group JSC is a Vietnam-based company engaged in the investment, construction, and trading of real estate; investment, construction, production and trading of electricity; provision of hotel services; management; office leasing, and other services. The company generates the majority of its revenue from electricity production and business activities.
83GF Score

Get the complete analysis for STC:HDG

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

₫20,800.00
Price
₫20,282.15
GF Value