Paul Hartmann AG (STU:PHH2) Pretax Margin %: 5.69% (As of Dec. 2025) — Near Median


STU:PHH2 Paul Hartmann AG STU:PHH2
62 GF Score
Price €204.00
GF Value €225.24
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Paul Hartmann AG Pretax Margin %?

Paul Hartmann AG STU:PHH2 62 Pretax Margin % is 5.69% as of Dec. 2025, which is 4% above its 10-year median of 5.45. GuruFocus rates STU:PHH2 with a GF Score™ of 62/100 and a GF Value™ of €225.24 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 816 Medical Devices & Instruments companies, Paul Hartmann AG ranks better than 53.31% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Paul Hartmann AG's Pre-Tax Income for the six months ended in Dec. 2025 was €70 Mil. Paul Hartmann AG's Revenue for the six months ended in Dec. 2025 was €1,236 Mil. Therefore, Paul Hartmann AG's pretax margin for the quarter that ended in Dec. 2025 was 5.69%.

The historical rank and industry rank for Paul Hartmann AG's Pretax Margin % or its related term are showing as below:

STU:PHH2' s Pretax Margin % Range Over the Past 10 Years
Min: 2.08   Med: 5.45   Max: 6.59
Current: 4.36


STU:PHH2's Pretax Margin % is ranked better than
53.31% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 2.505 vs STU:PHH2: 4.36

Paul Hartmann AG  (STU:PHH2) 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.


Paul Hartmann AG Pretax Margin % Related Terms


Paul Hartmann AG Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Paul Hartmann 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.

Paul Hartmann AG Pretax Margin % Chart

Paul Hartmann AG 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 5.87 2.62 2.08 5.20 4.36

Paul Hartmann AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.28 5.42 4.97 3.01 5.69

STU:PHH2 vs ISRG, BDX, MDLN: Pretax Margin % Comparison

For the Medical Instruments & Supplies subindustry, Paul Hartmann 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.


Paul Hartmann AG Pretax Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Paul Hartmann AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Paul Hartmann AG's Pretax Margin % falls into.


STU:PHH2
62GF Score
Paul Hartmann AG STU:PHH2
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paul Hartmann AG 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.

Paul Hartmann AG'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 )
=106.869/2449.619
=4.36 %

Paul Hartmann AG's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=70.353/1235.617
=5.69 %

* 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 5.69% mean?
Paul Hartmann AG (STU:PHH2) has a Pretax Margin % of 5.69% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Paul Hartmann AG and its competitors. This is near median its historical median of 5.45. Over the past decade, Paul Hartmann AG's Pretax Margin % has ranged from 2.08 to 6.59. According to the industry distribution chart, Paul Hartmann AG ranks #381 out of 816 companies in the Medical Devices & Instruments industry, placing it in the top 46.7%.
Is Paul Hartmann AG's Pretax Margin % too high?
Paul Hartmann AG's current Pretax Margin % of 5.69% is near median its 10-year median of 5.45. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 6.59. The Medical Devices & Instruments industry median Pretax Margin % is 2.51. Paul Hartmann AG's value of 5.69% is 127.1% above this industry median. Based on the distribution chart, Paul Hartmann AG ranks #381 out of 816 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Paul Hartmann AG has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paul Hartmann AG's Pretax Margin % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Paul Hartmann AG ranks #381 out of 816 companies for Pretax Margin %. This puts Paul Hartmann AG in the upper half of its industry. The industry median Pretax Margin % is 2.51. Paul Hartmann AG's value of 5.69% is 127.1% above this benchmark. Historically, Paul Hartmann AG's own Pretax Margin % has ranged from 2.08 to 6.59 over the past decade. While the company's 10-year median is 5.45 vs. the industry median of 2.51, Paul Hartmann 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 Medical Devices & Instruments company?
The median Pretax Margin % among Medical Devices & Instruments companies is 2.51, based on 816 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. Paul Hartmann AG's current Pretax Margin % of 5.69% is 127.1% 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 Paul Hartmann AG and its competitors. For the Medical Devices & Instruments industry, the median Pretax Margin % is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paul Hartmann AG's current Pretax Margin % is 5.69%, which is near median its own 10-year median of 5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paul Hartmann AG stock overvalued right now?
Based on GuruFocus' analysis, Paul Hartmann AG (STU:PHH2) is currently considered Modestly Undervalued. The stock's GF Value™ is €225.24, compared to a current price of €204.00 — trading 9.4% below its estimated fair value. The current Pretax Margin % is 5.69%, which is near median its 10-year median of 5.45 and 127.1% above the Medical Devices & Instruments industry median of 2.51. Paul Hartmann AG's overall GF Score™ is 62/100 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 Paul Hartmann AG (STU:PHH2), the current Pretax Margin % is 5.69% 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 Paul Hartmann AG (STU:PHH2) Overvalued in 2026?

Based on GuruFocus' analysis, Paul Hartmann AG stock appears to be undervalued. The current stock price of €204.00 is trading 9.4% below its estimated GF Value™ of €225.24. GuruFocus considers Paul Hartmann AG to be Modestly Undervalued.

Key valuation signals for STU:PHH2:

  • Pretax Margin %: 5.69% (near median its 10-year median of 5.45)
  • GF Value™: €225.24 vs. price of €204.00 (9.4% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 127.1% above the Medical Devices & Instruments median (#381 of 816)

No single metric tells the full story. See the STU:PHH2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paul Hartmann AG Business Description

Other Exchanges PHH2:Germany
Address Paul-Hartmann-Strasse 12, Heidenheim, DEU, 89522
Paul Hartmann AG engages in the production of medical and hygiene products. It operates through Wound Management, Incontinence Management and Infection Management and other segments. The Wound segment comprises wound dressing and treatment, compression therapy, first aid, immobilization, and diagnostics. The Incontinence segment provides incontinence hygiene, patient care, and medical skin care. The Infection segment consists of custom procedure trays, surgical draping systems, disposable surgical instruments, and disinfectants. The Other activities include activities in cotton-wool products, medical consumer goods and pharmaceutical products and others. All the activities are functioned through the region of US and derive revenue through the sale of medical and hygiene products.
62GF Score

Get the complete analysis for STU:PHH2

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

€204.00
Price
€225.24
GF Value