Tokyo ElectronTOELF +4.42%85 Pretax Margin % is 39.60% as of Mar. 2026, which is 55% above its 10-year median of 25.51. GuruFocus rates TOELF with a GF Score™ of 85/100 and a GF Value™ of $212.01 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,023 Semiconductors companies, Tokyo Electron ranks better than 91.69% on this metric.
The historical rank and industry rank for Tokyo Electron's Pretax Margin % or its related term are showing as below:
TOELF'
s Pretax Margin % Range Over the Past 10 Years
Min: 18.65 Med: 25.51 Max: 30.62
Current: 30.62
TOELF's Pretax Margin % is ranked better than 91.69% of 1023
companies
in the Semiconductors industry
Industry Median: 5.08
vs TOELF: 30.62
Tokyo Electron (OTCPK:TOELF) 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.
Tokyo Electron Pretax Margin % Related Terms
Tokyo Electron Pretax Margin % Historical Data
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The historical data trend for Tokyo Electron'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.
TOELF vs LRCX, AMAT, KLAC: Pretax Margin % Comparison
For the Semiconductor Equipment & Materials subindustry, Tokyo Electron'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.
Tokyo Electron Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Tokyo Electron's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Tokyo Electron'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.
Tokyo Electron (TOELF) has a Pretax Margin % of 39.60% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tokyo Electron and its competitors. This is 55% above median its historical median of 25.51. Over the past decade, Tokyo Electron's Pretax Margin % has ranged from 18.65 to 30.62. According to the industry distribution chart, Tokyo Electron ranks #85 out of 1023 companies in the Semiconductors industry, placing it in the top 8.3%.
Is Tokyo Electron's Pretax Margin % too high?
Tokyo Electron's current Pretax Margin % of 39.60% is 55% above median its 10-year median of 25.51. Over the past 10 years, this metric has ranged from a low of 18.65 to a high of 30.62. The Semiconductors industry median Pretax Margin % is 5.08. Tokyo Electron's value of 39.60% is 679.5% above this industry median. Based on the distribution chart, Tokyo Electron ranks #85 out of 1023 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Electron has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron's Pretax Margin % compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Tokyo Electron ranks #85 out of 1023 companies for Pretax Margin %. This places Tokyo Electron in the top 8% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.08. Tokyo Electron's value of 39.60% is 679.5% above this benchmark. Historically, Tokyo Electron's own Pretax Margin % has ranged from 18.65 to 30.62 over the past decade. While the company's 10-year median is 25.51 vs. the industry median of 5.08, Tokyo Electron 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.08, based on 1,023 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. Tokyo Electron's current Pretax Margin % of 39.60% is 679.5% 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 Tokyo Electron and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Electron's current Pretax Margin % is 39.60%, which is 55% above median its own 10-year median of 25.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electron stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron (TOELF) is currently considered Significantly Overvalued. The stock's GF Value™ is $212.01, compared to a current price of $463.19 — trading 118.5% above its estimated fair value. The current Pretax Margin % is 39.60%, which is 55% above median its 10-year median of 25.51 and 679.5% above the Semiconductors industry median of 5.08. Tokyo Electron's overall GF Score™ is 85/100 with 8 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 Tokyo Electron (TOELF), the current Pretax Margin % is 39.60% 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 Tokyo Electron (TOELF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Electron stock appears to be overvalued.
The current stock price of $463.19 is trading 118.5% above its estimated GF Value™ of $212.01.
GuruFocus considers Tokyo Electron to be Significantly Overvalued.
Key valuation signals for TOELF:
Pretax Margin %: 39.60% (55% above median its 10-year median of 25.51)
GF Value™: $212.01 vs. price of $463.19 (118.5% above fair value)
Industry Position: 679.5% above the Semiconductors median (#85 of 1023)
No single metric tells the full story. See the TOELF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Electron is a major supplier of semiconductor fabrication tools. It operates primarily in the etching, deposition, and cleaning segments, which involve adding and removing materials to and from semiconductor wafers. Customers include leading-edge logic, foundry, and memory chipmakers such as Samsung Electronics, Intel, TSMC, and SK Hynix.
85GF Score
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