TONX (TON Strategy Co) Pretax Margin %: -1,731.43% (As of Mar. 2026)


TONX TON Strategy Co TONX
50 GF Score
Price $2.56
GF Value $17.73
Valuation Possible Value Trap
! 4 Warning Signs
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What is TON Strategy Co Pretax Margin %?

TON Strategy Co TONX +5.35% 50 Pretax Margin % is -1,731.43% as of Mar. 2026. GuruFocus rates TONX with a GF Score™ of 50/100 and a GF Value™ of $17.73 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,825 Software companies, TON Strategy Co ranks worse than 96.88% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TON Strategy Co's Pre-Tax Income for the three months ended in Mar. 2026 was $-90.95 Mil. TON Strategy Co's Revenue for the three months ended in Mar. 2026 was $5.25 Mil. Therefore, TON Strategy Co's pretax margin for the quarter that ended in Mar. 2026 was -1,731.43%.

The historical rank and industry rank for TON Strategy Co's Pretax Margin % or its related term are showing as below:

TONX' s Pretax Margin % Range Over the Past 10 Years
Min: -199475   Med: -1174.3   Max: -174.9
Current: -1417.7


TONX's Pretax Margin % is ranked worse than
96.88% of 2825 companies
in the Software industry
Industry Median: 3.53 vs TONX: -1417.70

TON Strategy Co  (NAS:TONX) 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.


TON Strategy Co Pretax Margin % Related Terms


TON Strategy Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for TON Strategy Co'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.

TON Strategy Co Pretax Margin % Chart

TON Strategy Co 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 -327.69 -199,475.00 -23,561.90 -1,174.30 -1,163.04

TON Strategy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -186.82 -122.70 2,746.55 -4,226.84 -1,731.43

TONX vs KLTR, IMMR, SMRT: Pretax Margin % Comparison

For the Software - Application subindustry, TON Strategy Co'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.


TON Strategy Co Pretax Margin % vs Software Industry

For the Software industry and Technology sector, TON Strategy Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where TON Strategy Co's Pretax Margin % falls into.


TONX
50GF Score
TON Strategy Co TONX
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TON Strategy Co 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.

TON Strategy Co'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 )
=-148.625/12.779
=-1,163.04 %

TON Strategy Co's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-90.952/5.253
=-1,731.43 %

* 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 -1,731.43% mean?
TON Strategy Co (TONX) has a Pretax Margin % of -1,731.43% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TON Strategy Co and its competitors. According to the industry distribution chart, TON Strategy Co ranks #2737 out of 2825 companies in the Software industry, placing it in the top 96.9%.
Is TON Strategy Co's Pretax Margin % too high?
TON Strategy Co's current Pretax Margin % is -1,731.43%. Based on the distribution chart, TON Strategy Co ranks #2737 out of 2825 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, TON Strategy Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TON Strategy Co's Pretax Margin % compare to KLTR and IMMR?
According to the Software industry distribution chart, TON Strategy Co ranks #2737 out of 2825 companies for Pretax Margin %. This places TON Strategy Co in the lower half of its industry. The industry median Pretax Margin % is 3.53. 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 Software company?
The median Pretax Margin % among Software companies is 3.53, based on 2,825 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. 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 TON Strategy Co and its competitors. For the Software industry, the median Pretax Margin % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TON Strategy Co's current Pretax Margin % is -1,731.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TON Strategy Co stock overvalued right now?
Based on GuruFocus' analysis, TON Strategy Co (TONX) is currently considered Possible Value Trap. The stock's GF Value™ is $17.73, compared to a current price of $2.56 — trading 85.6% below its estimated fair value. The current Pretax Margin % is -1,731.43%. TON Strategy Co's overall GF Score™ is 50/100 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 TON Strategy Co (TONX), the current Pretax Margin % is -1,731.43% 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 TON Strategy Co (TONX) Overvalued in 2026?

Based on GuruFocus' analysis, TON Strategy Co stock appears to be undervalued. The current stock price of $2.56 is trading 85.6% below its estimated GF Value™ of $17.73. GuruFocus considers TON Strategy Co to be Possible Value Trap.

Key valuation signals for TONX:

  • Pretax Margin %: -1,731.43%
  • GF Value™: $17.73 vs. price of $2.56 (85.6% below fair value)
  • GF Score™: 50/100 with 4 warning signs

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


TON Strategy Co Business Description

Other Exchanges 37V:Germany
Address 2300 West Sahara Avenue, Suite 800, Las Vegas, NV, USA, 89102
TON Strategy Co is a digital asset treasury and Web3 ecosystem company focused on supporting The Open Network, a public blockchain integrated with Telegram and designed for fast, scalable transactions and decentralized applications. Its core business is managing its holdings of Toncoin (TON), including staking tokens to support network validation and earn rewards, while adhering to regulatory, accounting, and risk management standards. The company also pursues Web3 initiatives to support the ecosystem's growth and adoption. It operates through MARKET. live, Go Fund Yourself, and TON segments, with MARKET.live generating maximum revenue as a multi-vendor livestream shopping platform that combines e-commerce and entertainment across social and video channels.
50GF Score

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

$2.56
Price
$17.73
GF Value