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Asia CementTPE:1102 +1.75%83 Pretax Margin % is 13.94% as of Dec. 2025, which is 28% below its 10-year median of 19.30. GuruFocus rates TPE:1102 with a GF Score™ of 83/100 and a GF Value™ of NT$35.73 (Fairly Valued). The stock has 6 warning signs investors should review. Among 404 Building Materials companies, Asia Cement ranks better than 80.94% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Asia Cement's Pre-Tax Income for the
three
months ended in Dec. 2025 was NT$2,494 Mil. Asia Cement's Revenue for the
three
months ended in Dec. 2025 was NT$17,890 Mil. Therefore, Asia Cement's pretax margin for the quarter that ended in Dec. 2025 was 13.94%.
The historical rank and industry rank for Asia Cement's Pretax Margin % or its related term are showing as below:
TPE:1102'
s Pretax Margin % Range Over the Past 10 Years
Min: 10.63 Med: 19.3 Max: 31.78
Current: 17.62
TPE:1102's Pretax Margin % is ranked better than 80.94% of 404
companies
in the Building Materials industry
Industry Median: 5.99
vs TPE:1102: 17.62
Asia Cement (TPE:1102) 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.
Asia Cement Pretax Margin % Related Terms
Asia Cement Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Asia Cement'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.
TPE:1102 vs CRH, VMC, MLM: Pretax Margin % Comparison
For the Building Materials subindustry, Asia Cement'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.
Asia Cement Pretax Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Asia Cement's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Asia Cement'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.
Asia Cement (TPE:1102) has a Pretax Margin % of 13.94% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Asia Cement and its competitors. This is 28% below median its historical median of 19.30. Over the past decade, Asia Cement's Pretax Margin % has ranged from 10.63 to 31.78. According to the industry distribution chart, Asia Cement ranks #77 out of 404 companies in the Building Materials industry, placing it in the top 19.1%.
Is Asia Cement's Pretax Margin % too high?
Asia Cement's current Pretax Margin % of 13.94% is 28% below median its 10-year median of 19.30. Over the past 10 years, this metric has ranged from a low of 10.63 to a high of 31.78. The Building Materials industry median Pretax Margin % is 5.99. Asia Cement's value of 13.94% is 132.7% above this industry median. Based on the distribution chart, Asia Cement ranks #77 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Cement has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Cement's Pretax Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Asia Cement ranks #77 out of 404 companies for Pretax Margin %. This places Asia Cement in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.99. Asia Cement's value of 13.94% is 132.7% above this benchmark. Historically, Asia Cement's own Pretax Margin % has ranged from 10.63 to 31.78 over the past decade. While the company's 10-year median is 19.30 vs. the industry median of 5.99, Asia Cement 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 Building Materials company?
The median Pretax Margin % among Building Materials companies is 5.99, based on 404 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. Asia Cement's current Pretax Margin % of 13.94% is 132.7% 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 Asia Cement and its competitors. For the Building Materials industry, the median Pretax Margin % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Cement's current Pretax Margin % is 13.94%, which is 28% below median its own 10-year median of 19.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cement stock overvalued right now?
Based on GuruFocus' analysis, Asia Cement (TPE:1102) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.73, compared to a current price of NT$34.80 — trading 2.6% below its estimated fair value. The current Pretax Margin % is 13.94%, which is 28% below median its 10-year median of 19.30 and 132.7% above the Building Materials industry median of 5.99. Asia Cement's overall GF Score™ is 83/100 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 Asia Cement (TPE:1102), the current Pretax Margin % is 13.94% 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 Asia Cement (TPE:1102) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Cement stock appears to be undervalued.
The current stock price of NT$34.80 is trading 2.6% below its estimated GF Value™ of NT$35.73.
GuruFocus considers Asia Cement to be Fairly Valued.
Key valuation signals for TPE:1102:
Pretax Margin %: 13.94% (28% below median its 10-year median of 19.30)
GF Value™: NT$35.73 vs. price of NT$34.80 (2.6% below fair value)
Industry Position: 132.7% above the Building Materials median (#77 of 404)
No single metric tells the full story. See the TPE:1102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries, and engages in leasing activities. The company is also required to undertake reforestation activities in designated areas. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, and plaster among others. Its reportable segments are as follows: Cement which derives key revenue, Electric Power, Investment, Engineering, Transportation, Stainless Steel, and Leasing. The majority of Its revenue comes from Taiwan and China.
83GF Score
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