SpadelSTU:YX5 +9.45%73 Pretax Margin % is 15.66% as of Dec. 2025, which is 27% above its 10-year median of 12.29. GuruFocus rates STU:YX5 with a GF Score™ of 73/100 and a GF Value™ of €214.24. The stock has 4 warning signs investors should review. Among 115 Beverages - Non-Alcoholic companies, Spadel ranks better than 73.91% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Spadel's Pre-Tax Income for the
six
months ended in Dec. 2025 was €29.5 Mil. Spadel's Revenue for the
six
months ended in Dec. 2025 was €188.2 Mil. Therefore, Spadel's pretax margin for the quarter that ended in Dec. 2025 was 15.66%.
The historical rank and industry rank for Spadel's Pretax Margin % or its related term are showing as below:
STU:YX5'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.36 Med: 12.29 Max: 16.64
Current: 16.01
STU:YX5's Pretax Margin % is ranked better than 73.91% of 115
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 9.09
vs STU:YX5: 16.01
Spadel (STU:YX5) 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.
Spadel Pretax Margin % Related Terms
Spadel Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Spadel'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:YX5 vs KO, PEP, MNST: Pretax Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, Spadel'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.
Spadel Pretax Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Spadel's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Spadel'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.
Spadel (STU:YX5) has a Pretax Margin % of 15.66% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Spadel and its competitors. This is 27% above median its historical median of 12.29. Over the past decade, Spadel's Pretax Margin % has ranged from 5.36 to 16.64. According to the industry distribution chart, Spadel ranks #30 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 26.1%.
Is Spadel's Pretax Margin % too high?
Spadel's current Pretax Margin % of 15.66% is 27% above median its 10-year median of 12.29. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 16.64. The Beverages - Non-Alcoholic industry median Pretax Margin % is 9.09. Spadel's value of 15.66% is 72.3% above this industry median. Based on the distribution chart, Spadel ranks #30 out of 115 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Spadel has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Spadel's Pretax Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Spadel ranks #30 out of 115 companies for Pretax Margin %. This puts Spadel in the upper half of its industry. The industry median Pretax Margin % is 9.09. Spadel's value of 15.66% is 72.3% above this benchmark. Historically, Spadel's own Pretax Margin % has ranged from 5.36 to 16.64 over the past decade. While the company's 10-year median is 12.29 vs. the industry median of 9.09, Spadel 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 Beverages - Non-Alcoholic company?
The median Pretax Margin % among Beverages - Non-Alcoholic companies is 9.09, based on 115 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. Spadel's current Pretax Margin % of 15.66% is 72.3% 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 Spadel and its competitors. For the Beverages - Non-Alcoholic industry, the median Pretax Margin % is 9.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spadel's current Pretax Margin % is 15.66%, which is 27% above median its own 10-year median of 12.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spadel stock overvalued right now?
Spadel (STU:YX5) has a current Pretax Margin % of 15.66%. The stock's GF Value™ is €214.24, compared to a current price of €440.00 — trading 105.4% above its estimated fair value. The current Pretax Margin % is 15.66%, which is 27% above median its 10-year median of 12.29 and 72.3% above the Beverages - Non-Alcoholic industry median of 9.09. Spadel's overall GF Score™ is 73/100 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 Spadel (STU:YX5), the current Pretax Margin % is 15.66% 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 Spadel (STU:YX5) Overvalued in 2026?
Based on GuruFocus' analysis, Spadel stock appears to be overvalued.
The current stock price of €440.00 is trading 105.4% above its estimated GF Value™ of €214.24.
Key valuation signals for STU:YX5:
Pretax Margin %: 15.66% (27% above median its 10-year median of 12.29)
GF Value™: €214.24 vs. price of €440.00 (105.4% above fair value)
Industry Position: 72.3% above the Beverages - Non-Alcoholic median (#30 of 115)
No single metric tells the full story. See the STU:YX5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spadel SA produces and markets mineral water, lemonade, and fruit juices. The company also sells water coolers and dispensers. It produces brands of natural mineral water, spring water, and refreshing beverages. Its products are marketed under the brand names Spa, Bru, Wattwiller, Carola, and Brecon.
73GF Score
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