CMC MagneticsTPE:2323 +2.25%62 Pretax Margin % is 82.94% as of Dec. 2025, which is 2927% above its 10-year median of 2.74. GuruFocus rates TPE:2323 with a GF Score™ of 62/100 and a GF Value™ of NT$10.84 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,475 Hardware companies, CMC Magnetics ranks better than 95.39% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CMC Magnetics's Pre-Tax Income for the
three
months ended in Dec. 2025 was NT$1,590 Mil. CMC Magnetics's Revenue for the
three
months ended in Dec. 2025 was NT$1,917 Mil. Therefore, CMC Magnetics's pretax margin for the quarter that ended in Dec. 2025 was 82.94%.
The historical rank and industry rank for CMC Magnetics's Pretax Margin % or its related term are showing as below:
TPE:2323'
s Pretax Margin % Range Over the Past 10 Years
Min: -18.88 Med: 2.74 Max: 28.07
Current: 28.07
TPE:2323's Pretax Margin % is ranked better than 95.39% of 2475
companies
in the Hardware industry
Industry Median: 3.58
vs TPE:2323: 28.07
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.
CMC Magnetics Pretax Margin % Related Terms
CMC Magnetics Pretax Margin % Historical Data
* Premium members only.
The historical data trend for CMC Magnetics'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:2323 vs SNDK, DELL, STX: Pretax Margin % Comparison
For the Computer Hardware subindustry, CMC Magnetics'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.
CMC Magnetics Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, CMC Magnetics's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where CMC Magnetics'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.
CMC Magnetics (TPE:2323) has a Pretax Margin % of 82.94% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CMC Magnetics and its competitors. This is 2927% above median its historical median of 2.74. According to the industry distribution chart, CMC Magnetics ranks #114 out of 2475 companies in the Hardware industry, placing it in the top 4.6%.
Is CMC Magnetics' Pretax Margin % too high?
CMC Magnetics' current Pretax Margin % of 82.94% is 2927% above median its 10-year median of 2.74. The Hardware industry median Pretax Margin % is 3.58. CMC Magnetics' value of 82.94% is 2216.8% above this industry median. Based on the distribution chart, CMC Magnetics ranks #114 out of 2475 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, CMC Magnetics has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMC Magnetics' Pretax Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, CMC Magnetics ranks #114 out of 2475 companies for Pretax Margin %. This places CMC Magnetics in the top 5% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.58. CMC Magnetics' value of 82.94% is 2216.8% above this benchmark. While the company's 10-year median is 2.74 vs. the industry median of 3.58, CMC Magnetics 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,475 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. CMC Magnetics's current Pretax Margin % of 82.94% is 2216.8% 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 CMC Magnetics and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Magnetics's current Pretax Margin % is 82.94%, which is 2927% above median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Magnetics stock overvalued right now?
Based on GuruFocus' analysis, CMC Magnetics (TPE:2323) is currently considered Fairly Valued. The stock's GF Value™ is NT$10.84, compared to a current price of NT$11.35 — trading 4.7% above its estimated fair value. The current Pretax Margin % is 82.94%, which is 2927% above median its 10-year median of 2.74 and 2216.8% above the Hardware industry median of 3.58. CMC Magnetics' overall GF Score™ is 62/100 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 CMC Magnetics (TPE:2323), the current Pretax Margin % is 82.94% 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 CMC Magnetics (TPE:2323) Overvalued in 2026?
Based on GuruFocus' analysis, CMC Magnetics stock appears to be overvalued.
The current stock price of NT$11.35 is trading 4.7% above its estimated GF Value™ of NT$10.84.
GuruFocus considers CMC Magnetics to be Fairly Valued.
Key valuation signals for TPE:2323:
Pretax Margin %: 82.94% (2927% above median its 10-year median of 2.74)
GF Value™: NT$10.84 vs. price of NT$11.35 (4.7% above fair value)
Industry Position: 2216.8% above the Hardware median (#114 of 2475)
No single metric tells the full story. See the TPE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMC Magnetics Corp is mainly engaged in the manufacturing and sale of consumer electronic products, including optical discs, as well as the acquisition of film agency rights and the production and distribution of digital discs and Blu-ray discs for sales. Its products include M-disc, CMC Pro, HP CD, and data storage products. Its segments are: the Storage Media segment, which generates the maximum revenue and is engaged in the manufacturing and sale of consumer electronic products, including optical discs; the Other Optoelectronic segment, which manufactures and sells panels; the Investment segment, which invests in various businesses; and the Other Segment. Europe generates the maximum revenue for the Group.
62GF Score
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