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KST Beteiligungs AGSTU:KSW 43 Pretax Margin % is 10.16% as of Dec. 2025, which is 240% above its 10-year median of 2.99. GuruFocus rates STU:KSW with a GF Score™ of 43/100 and a GF Value™ of €0.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 542 Conglomerates companies, KST Beteiligungs AG ranks better than 63.1% on this metric.
KST Beteiligungs AG (STU:KSW) 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.
KST Beteiligungs AG Pretax Margin % Related Terms
KST Beteiligungs AG Pretax Margin % Historical Data
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The historical data trend for KST Beteiligungs AG'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.
For the Conglomerates subindustry, KST Beteiligungs AG'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.
KST Beteiligungs AG Pretax Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, KST Beteiligungs AG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where KST Beteiligungs AG'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.
KST Beteiligungs AG (STU:KSW) has a Pretax Margin % of 10.16% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on KST Beteiligungs AG and its competitors. This is 240% above median its historical median of 2.99. According to the industry distribution chart, KST Beteiligungs AG ranks #200 out of 542 companies in the Conglomerates industry, placing it in the top 36.9%.
Is KST Beteiligungs AG's Pretax Margin % too high?
KST Beteiligungs AG's current Pretax Margin % of 10.16% is 240% above median its 10-year median of 2.99. The Conglomerates industry median Pretax Margin % is 6.79. KST Beteiligungs AG's value of 10.16% is 49.6% above this industry median. Based on the distribution chart, KST Beteiligungs AG ranks #200 out of 542 companies in the Conglomerates industry, which is above the industry midpoint. Overall, KST Beteiligungs AG has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KST Beteiligungs AG's Pretax Margin % compare to MMM and HON?
According to the Conglomerates industry distribution chart, KST Beteiligungs AG ranks #200 out of 542 companies for Pretax Margin %. This puts KST Beteiligungs AG in the upper half of its industry. The industry median Pretax Margin % is 6.79. KST Beteiligungs AG's value of 10.16% is 49.6% above this benchmark. While the company's 10-year median is 2.99 vs. the industry median of 6.79, KST Beteiligungs AG 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 Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.79, based on 542 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. KST Beteiligungs AG's current Pretax Margin % of 10.16% is 49.6% 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 KST Beteiligungs AG and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KST Beteiligungs AG's current Pretax Margin % is 10.16%, which is 240% above median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KST Beteiligungs AG stock overvalued right now?
Based on GuruFocus' analysis, KST Beteiligungs AG (STU:KSW) is currently considered Fairly Valued. The stock's GF Value™ is €0.98, compared to a current price of €1.04 — trading 6.1% above its estimated fair value. The current Pretax Margin % is 10.16%, which is 240% above median its 10-year median of 2.99 and 49.6% above the Conglomerates industry median of 6.79. KST Beteiligungs AG's overall GF Score™ is 43/100 with 4 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 KST Beteiligungs AG (STU:KSW), the current Pretax Margin % is 10.16% as of Dec. 2025. 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 KST Beteiligungs AG (STU:KSW) Overvalued in 2026?
Based on GuruFocus' analysis, KST Beteiligungs AG stock appears to be overvalued.
The current stock price of €1.04 is trading 6.1% above its estimated GF Value™ of €0.98.
GuruFocus considers KST Beteiligungs AG to be Fairly Valued.
Key valuation signals for STU:KSW:
Pretax Margin %: 10.16% (240% above median its 10-year median of 2.99)
GF Value™: €0.98 vs. price of €1.04 (6.1% above fair value)
Industry Position: 49.6% above the Conglomerates median (#200 of 542)
No single metric tells the full story. See the STU:KSW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KST Beteiligungs AG invests across industries in listed companies in Germany, it focuses on small and mid caps. It acquires investments with long-term goals and assists its clients active throughout the investment period.
43GF Score
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