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.
Viet Dragon Securities Pretax Margin % Related Terms
Viet Dragon Securities Pretax Margin % Historical Data
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The historical data trend for Viet Dragon Securities'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:VDS vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, Viet Dragon 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.
Viet Dragon Securities Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Viet Dragon Securities's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Viet Dragon 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.
Viet Dragon Securities (STC:VDS) has a Pretax Margin % of -29.40% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Viet Dragon Securities and its competitors. According to the industry distribution chart, Viet Dragon Securities ranks #199 out of 774 companies in the Capital Markets industry, placing it in the top 25.7%.
Is Viet Dragon Securities' Pretax Margin % too high?
Viet Dragon Securities' current Pretax Margin % is -29.40%. Based on the distribution chart, Viet Dragon Securities ranks #199 out of 774 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Viet Dragon Securities has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viet Dragon Securities' Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Viet Dragon Securities ranks #199 out of 774 companies for Pretax Margin %. This puts Viet Dragon Securities in the upper half of its industry. The industry median Pretax Margin % is 20.32. 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. 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 Viet Dragon 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. Viet Dragon Securities's current Pretax Margin % is -29.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Dragon Securities stock overvalued right now?
Based on GuruFocus' analysis, Viet Dragon Securities (STC:VDS) is currently considered Possible Value Trap. The stock's GF Value™ is ₫25,101.58, compared to a current price of ₫13,850.00 — trading 44.8% below its estimated fair value. The current Pretax Margin % is -29.40%. Viet Dragon Securities' overall GF Score™ is 81/100 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 Viet Dragon Securities (STC:VDS), the current Pretax Margin % is -29.40% 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 Viet Dragon Securities (STC:VDS) Overvalued in 2026?
Based on GuruFocus' analysis, Viet Dragon Securities stock appears to be undervalued.
The current stock price of ₫13,850.00 is trading 44.8% below its estimated GF Value™ of ₫25,101.58.
GuruFocus considers Viet Dragon Securities to be Possible Value Trap.
Key valuation signals for STC:VDS:
Pretax Margin %: -29.40%
GF Value™: ₫25,101.58 vs. price of ₫13,850.00 (44.8% below fair value)
No single metric tells the full story. See the STC:VDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viet Dragon Securities Corp is a Vietnam-based company engaged in the financial and securities business. It offers a complete range of financial and securities products and services to personal customers and organizations. The firm offers brokerage and investment advisory services, securities services, analysis services, financial services, brokerage services, derivative securities services, and investment banking services. The Company's primary activities are to provide brokerage service, securities trading, finance and investment advisory service, underwriting for securities issues, securities custodian service, and derivatives service.
81GF Score
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