Thoresen Thai Agencies PCLTHAFF 81 Pretax Margin % is 2.15% as of Mar. 2026, which is 60% below its 10-year median of 5.38. GuruFocus rates THAFF with a GF Score™ of 81/100 and a GF Value™ of $0.23. The stock has 6 warning signs investors should review. Among 549 Conglomerates companies, Thoresen Thai Agencies PCL ranks worse than 64.66% on this metric.
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.
Thoresen Thai Agencies PCL Pretax Margin % Related Terms
Thoresen Thai Agencies PCL Pretax Margin % Historical Data
* 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, Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL Pretax Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Thoresen Thai Agencies PCL's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL (THAFF) has a Pretax Margin % of 2.15% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Thoresen Thai Agencies PCL and its competitors. This is 60% below median its historical median of 5.38. According to the industry distribution chart, Thoresen Thai Agencies PCL ranks #355 out of 549 companies in the Conglomerates industry, placing it in the top 64.7%.
Is Thoresen Thai Agencies PCL's Pretax Margin % too high?
Thoresen Thai Agencies PCL's current Pretax Margin % of 2.15% is 60% below median its 10-year median of 5.38. The Conglomerates industry median Pretax Margin % is 6.57. Thoresen Thai Agencies PCL's value of 2.15% is 67.3% below this industry median. Based on the distribution chart, Thoresen Thai Agencies PCL ranks #355 out of 549 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's Pretax Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Thoresen Thai Agencies PCL ranks #355 out of 549 companies for Pretax Margin %. This places Thoresen Thai Agencies PCL in the lower half of its industry. The industry median Pretax Margin % is 6.57. Thoresen Thai Agencies PCL's value of 2.15% is 67.3% below this benchmark. While the company's 10-year median is 5.38 vs. the industry median of 6.57, Thoresen Thai Agencies PCL has consistently been below 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 6.57, based on 549 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. Thoresen Thai Agencies PCL's current Pretax Margin % of 2.15% is 67.3% below 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 Thoresen Thai Agencies PCL and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thoresen Thai Agencies PCL's current Pretax Margin % is 2.15%, which is 60% below median its own 10-year median of 5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current Pretax Margin % of 2.15%. The stock's GF Value™ is $0.23, compared to a current price of $0.20 — trading 13% below its estimated fair value. The current Pretax Margin % is 2.15%, which is 60% below median its 10-year median of 5.38 and 67.3% below the Conglomerates industry median of 6.57. Thoresen Thai Agencies PCL's 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 Thoresen Thai Agencies PCL (THAFF), the current Pretax Margin % is 2.15% 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 Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be undervalued.
The current stock price of $0.20 is trading 13% below its estimated GF Value™ of $0.23.
Key valuation signals for THAFF:
Pretax Margin %: 2.15% (60% below median its 10-year median of 5.38)
GF Value™: $0.23 vs. price of $0.20 (13% below fair value)
Industry Position: 67.3% below the Conglomerates median (#355 of 549)
No single metric tells the full story. See the THAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
81GF Score
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