Kenda Rubber Industrial CoTPE:2106 59 Pretax Margin % is 1.68% as of Dec. 2025, which is 58% below its 10-year median of 4.02. GuruFocus rates TPE:2106 with a GF Score™ of 59/100 and a GF Value™ of NT$27.62 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,325 Vehicles & Parts companies, Kenda Rubber Industrial Co ranks worse than 70.94% on this metric.
The historical rank and industry rank for Kenda Rubber Industrial Co's Pretax Margin % or its related term are showing as below:
TPE:2106'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.17 Med: 4.02 Max: 12.88
Current: 1.17
TPE:2106's Pretax Margin % is ranked worse than 70.94% of 1325
companies
in the Vehicles & Parts industry
Industry Median: 4.38
vs TPE:2106: 1.17
Kenda Rubber Industrial Co (TPE:2106) 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.
Kenda Rubber Industrial Co Pretax Margin % Related Terms
Kenda Rubber Industrial Co 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 Auto Parts subindustry, Kenda Rubber Industrial 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.
Kenda Rubber Industrial Co Pretax Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kenda Rubber Industrial Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kenda Rubber Industrial Co'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.
Kenda Rubber Industrial Co (TPE:2106) has a Pretax Margin % of 1.68% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kenda Rubber Industrial Co and its competitors. This is 58% below median its historical median of 4.02. Over the past decade, Kenda Rubber Industrial Co's Pretax Margin % has ranged from 1.17 to 12.88. According to the industry distribution chart, Kenda Rubber Industrial Co ranks #940 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 70.9%.
Is Kenda Rubber Industrial Co's Pretax Margin % too high?
Kenda Rubber Industrial Co's current Pretax Margin % of 1.68% is 58% below median its 10-year median of 4.02. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 12.88. The Vehicles & Parts industry median Pretax Margin % is 4.38. Kenda Rubber Industrial Co's value of 1.68% is 61.6% below this industry median. Based on the distribution chart, Kenda Rubber Industrial Co ranks #940 out of 1325 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Kenda Rubber Industrial Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kenda Rubber Industrial Co's Pretax Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kenda Rubber Industrial Co ranks #940 out of 1325 companies for Pretax Margin %. This places Kenda Rubber Industrial Co in the lower half of its industry. The industry median Pretax Margin % is 4.38. Kenda Rubber Industrial Co's value of 1.68% is 61.6% below this benchmark. Historically, Kenda Rubber Industrial Co's own Pretax Margin % has ranged from 1.17 to 12.88 over the past decade. While the company's 10-year median is 4.02 vs. the industry median of 4.38, Kenda Rubber Industrial Co 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 Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.38, 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. Kenda Rubber Industrial Co's current Pretax Margin % of 1.68% is 61.6% 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 Kenda Rubber Industrial Co and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenda Rubber Industrial Co's current Pretax Margin % is 1.68%, which is 58% below median its own 10-year median of 4.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenda Rubber Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co (TPE:2106) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.62, compared to a current price of NT$16.85 — trading 39% below its estimated fair value. The current Pretax Margin % is 1.68%, which is 58% below median its 10-year median of 4.02 and 61.6% below the Vehicles & Parts industry median of 4.38. Kenda Rubber Industrial Co's overall GF Score™ is 59/100 with 9 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 Kenda Rubber Industrial Co (TPE:2106), the current Pretax Margin % is 1.68% 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 Kenda Rubber Industrial Co (TPE:2106) Overvalued in 2026?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co stock appears to be undervalued.
The current stock price of NT$16.85 is trading 39% below its estimated GF Value™ of NT$27.62.
GuruFocus considers Kenda Rubber Industrial Co to be Possible Value Trap.
Key valuation signals for TPE:2106:
Pretax Margin %: 1.68% (58% below median its 10-year median of 4.02)
GF Value™: NT$27.62 vs. price of NT$16.85 (39% below fair value)
Industry Position: 61.6% below the Vehicles & Parts median (#940 of 1325)
No single metric tells the full story. See the TPE:2106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kenda Rubber Industrial Co Ltd is engaged in the manufacturing and trading of rubber products such as inner tubes and tires of bicycles, scooters, industrial trucks, cars, and various products of carbon fiber. The company operates in four geographical areas such as China, the united states, Taiwan and Vietnam. The majority of the revenue is earn from united states.
59GF Score
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