FederalTPE:2102 63 Pretax Margin % is 6,016.91% as of Dec. 2025. GuruFocus rates TPE:2102 with a GF Score™ of 63/100 and a GF Value™ of NT$16.70 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,325 Vehicles & Parts companies, Federal ranks better than 99.85% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Federal's Pre-Tax Income for the
three
months ended in Dec. 2025 was NT$3,954.5 Mil. Federal's Revenue for the
three
months ended in Dec. 2025 was NT$65.7 Mil. Therefore, Federal's pretax margin for the quarter that ended in Dec. 2025 was 6,016.91%.
The historical rank and industry rank for Federal's Pretax Margin % or its related term are showing as below:
TPE:2102'
s Pretax Margin % Range Over the Past 10 Years
Min: -361.33 Med: -21.13 Max: 1099.93
Current: 1099.93
TPE:2102's Pretax Margin % is ranked better than 99.85% of 1325
companies
in the Vehicles & Parts industry
Industry Median: 4.42
vs TPE:2102: 1099.93
Federal (TPE:2102) 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.
Federal Pretax Margin % Related Terms
Federal Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Federal'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.
For the Auto Parts subindustry, Federal'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.
Federal Pretax Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Federal's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Federal'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.
Federal (TPE:2102) has a Pretax Margin % of 6,016.91% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Federal and its competitors. According to the industry distribution chart, Federal ranks #2 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 0.2%.
Is Federal's Pretax Margin % too high?
Federal's current Pretax Margin % is 6,016.91%. The Vehicles & Parts industry median Pretax Margin % is 4.42. Federal's value of 6,016.91% is 136029.2% above this industry median. Based on the distribution chart, Federal ranks #2 out of 1325 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Federal has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal's Pretax Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Federal ranks #2 out of 1325 companies for Pretax Margin %. This places Federal in the top 0% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.42. Federal's value of 6,016.91% is 136029.2% above this benchmark. 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 Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.42, based on 1,325 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. Federal's current Pretax Margin % of 6,016.91% is 136029.2% 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 Federal and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal's current Pretax Margin % is 6,016.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal stock overvalued right now?
Based on GuruFocus' analysis, Federal (TPE:2102) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.70, compared to a current price of NT$17.90 — trading 7.2% above its estimated fair value. The current Pretax Margin % is 6,016.91% and 136029.2% above the Vehicles & Parts industry median of 4.42. Federal's overall GF Score™ is 63/100 with 5 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 Federal (TPE:2102), the current Pretax Margin % is 6,016.91% 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 Federal (TPE:2102) Overvalued in 2026?
Based on GuruFocus' analysis, Federal stock appears to be overvalued.
The current stock price of NT$17.90 is trading 7.2% above its estimated GF Value™ of NT$16.70.
GuruFocus considers Federal to be Fairly Valued.
Key valuation signals for TPE:2102:
Pretax Margin %: 6,016.91%
GF Value™: NT$16.70 vs. price of NT$17.90 (7.2% above fair value)
Industry Position: 136029.2% above the Vehicles & Parts median (#2 of 1325)
No single metric tells the full story. See the TPE:2102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Federal Corp is a Taiwan-based company that engages in the manufacturing and sale of automobile tires and rubber, as well as real estate development and leasing. Its products include tires for ultra-high performance (UHP) vehicles and high-performance vehicles, tires for passenger cars, and tires for sports utility vehicles (SUVs), among others. It also provides light truck tires, drift tires, and all-season tires. The company derives its key revenue from the domestic market and the rest from Asia and America.
63GF Score
Get the complete analysis for TPE:2102
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2102 has been successfully added to your 
