TKH Group NVSTU:TWSA +2.15%79 Pretax Margin % is 10.28% as of Dec. 2025, which is 35% above its 10-year median of 7.63. GuruFocus rates STU:TWSA with a GF Score™ of 79/100 and a GF Value™ of €39.54 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 2,471 Hardware companies, TKH Group NV ranks better than 61.84% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TKH Group NV's Pre-Tax Income for the
six
months ended in Dec. 2025 was €93 Mil. TKH Group NV's Revenue for the
six
months ended in Dec. 2025 was €903 Mil. Therefore, TKH Group NV's pretax margin for the quarter that ended in Dec. 2025 was 10.28%.
The historical rank and industry rank for TKH Group NV's Pretax Margin % or its related term are showing as below:
STU:TWSA'
s Pretax Margin % Range Over the Past 10 Years
Min: 4.88 Med: 7.63 Max: 10.98
Current: 6.31
STU:TWSA's Pretax Margin % is ranked better than 61.84% of 2471
companies
in the Hardware industry
Industry Median: 3.58
vs STU:TWSA: 6.31
TKH Group NV (STU:TWSA) 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.
TKH Group NV Pretax Margin % Related Terms
TKH Group NV Pretax Margin % Historical Data
* Premium members only.
The historical data trend for TKH Group NV'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.
STU:TWSA vs CSCO, CIEN, MSI: Pretax Margin % Comparison
For the Communication Equipment subindustry, TKH Group NV'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.
TKH Group NV Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, TKH Group NV's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TKH Group NV'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.
TKH Group NV (STU:TWSA) has a Pretax Margin % of 10.28% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TKH Group NV and its competitors. This is 35% above median its historical median of 7.63. Over the past decade, TKH Group NV's Pretax Margin % has ranged from 4.88 to 10.98. According to the industry distribution chart, TKH Group NV ranks #943 out of 2471 companies in the Hardware industry, placing it in the top 38.2%.
Is TKH Group NV's Pretax Margin % too high?
TKH Group NV's current Pretax Margin % of 10.28% is 35% above median its 10-year median of 7.63. Over the past 10 years, this metric has ranged from a low of 4.88 to a high of 10.98. The Hardware industry median Pretax Margin % is 3.58. TKH Group NV's value of 10.28% is 187.2% above this industry median. Based on the distribution chart, TKH Group NV ranks #943 out of 2471 companies in the Hardware industry, which is above the industry midpoint. Overall, TKH Group NV has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TKH Group NV's Pretax Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TKH Group NV ranks #943 out of 2471 companies for Pretax Margin %. This puts TKH Group NV in the upper half of its industry. The industry median Pretax Margin % is 3.58. TKH Group NV's value of 10.28% is 187.2% above this benchmark. Historically, TKH Group NV's own Pretax Margin % has ranged from 4.88 to 10.98 over the past decade. While the company's 10-year median is 7.63 vs. the industry median of 3.58, TKH Group NV 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,471 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. TKH Group NV's current Pretax Margin % of 10.28% is 187.2% 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 TKH Group NV and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TKH Group NV's current Pretax Margin % is 10.28%, which is 35% above median its own 10-year median of 7.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TKH Group NV stock overvalued right now?
Based on GuruFocus' analysis, TKH Group NV (STU:TWSA) is currently considered Modestly Overvalued. The stock's GF Value™ is €39.54, compared to a current price of €43.68 — trading 10.5% above its estimated fair value. The current Pretax Margin % is 10.28%, which is 35% above median its 10-year median of 7.63 and 187.2% above the Hardware industry median of 3.58. TKH Group NV's overall GF Score™ is 79/100 with 11 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 TKH Group NV (STU:TWSA), the current Pretax Margin % is 10.28% 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 TKH Group NV (STU:TWSA) Overvalued in 2026?
Based on GuruFocus' analysis, TKH Group NV stock appears to be overvalued.
The current stock price of €43.68 is trading 10.5% above its estimated GF Value™ of €39.54.
GuruFocus considers TKH Group NV to be Modestly Overvalued.
Key valuation signals for STU:TWSA:
Pretax Margin %: 10.28% (35% above median its 10-year median of 7.63)
GF Value™: €39.54 vs. price of €43.68 (10.5% above fair value)
Industry Position: 187.2% above the Hardware median (#943 of 2471)
No single metric tells the full story. See the STU:TWSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TKH Group NV is a provider of vertical-specific communications and connectivity solutions. Its operations are organized into three segments, which include Smart Vision systems, Smart Connectivity systems, and Smart Manufacturing systems. The firm derives revenue from the Netherlands, Europe (other), Asia, North America, and other. The Smart Vision systems segment operates through a coherent, vertically integrated business model combining hardware, software, and service focused on delivering end-to-end 2D/3D vision and security solutions. Smart Manufacturing systems segment focuses on delivering automated, software-driven production systems for specialized industrial markets. Smart Connectivity systems segment operates as a technology-driven provider of specialized connectivity solutions.
79GF Score
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