Accton TechnologyTPE:2345 +6.61%89 Pretax Margin % is 14.32% as of Dec. 2025, which is 27% above its 10-year median of 11.24. GuruFocus rates TPE:2345 with a GF Score™ of 89/100 and a GF Value™ of NT$1,769.11 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,476 Hardware companies, Accton Technology ranks better than 81.62% on this metric.
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.
Accton Technology Pretax Margin % Related Terms
Accton Technology Pretax Margin % Historical Data
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The historical data trend for Accton Technology'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:2345 vs CSCO, CIEN, MSI: Pretax Margin % Comparison
For the Communication Equipment subindustry, Accton Technology'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.
Accton Technology Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Accton Technology's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Accton Technology'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.
Accton Technology (TPE:2345) has a Pretax Margin % of 14.32% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Accton Technology and its competitors. This is 27% above median its historical median of 11.24. Over the past decade, Accton Technology's Pretax Margin % has ranged from 8.49 to 13.94. According to the industry distribution chart, Accton Technology ranks #455 out of 2476 companies in the Hardware industry, placing it in the top 18.4%.
Is Accton Technology's Pretax Margin % too high?
Accton Technology's current Pretax Margin % of 14.32% is 27% above median its 10-year median of 11.24. Over the past 10 years, this metric has ranged from a low of 8.49 to a high of 13.94. The Hardware industry median Pretax Margin % is 3.58. Accton Technology's value of 14.32% is 300% above this industry median. Based on the distribution chart, Accton Technology ranks #455 out of 2476 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Accton Technology has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accton Technology's Pretax Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Accton Technology ranks #455 out of 2476 companies for Pretax Margin %. This places Accton Technology in the top 18% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.58. Accton Technology's value of 14.32% is 300% above this benchmark. Historically, Accton Technology's own Pretax Margin % has ranged from 8.49 to 13.94 over the past decade. While the company's 10-year median is 11.24 vs. the industry median of 3.58, Accton Technology 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 2,476 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. Accton Technology's current Pretax Margin % of 14.32% is 300% 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 Accton Technology 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. Accton Technology's current Pretax Margin % is 14.32%, which is 27% above median its own 10-year median of 11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accton Technology stock overvalued right now?
Based on GuruFocus' analysis, Accton Technology (TPE:2345) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,769.11, compared to a current price of NT$2,660.00 — trading 50.4% above its estimated fair value. The current Pretax Margin % is 14.32%, which is 27% above median its 10-year median of 11.24 and 300% above the Hardware industry median of 3.58. Accton Technology's overall GF Score™ is 89/100 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 Accton Technology (TPE:2345), the current Pretax Margin % is 14.32% 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 Accton Technology (TPE:2345) Overvalued in 2026?
Based on GuruFocus' analysis, Accton Technology stock appears to be overvalued.
The current stock price of NT$2,660.00 is trading 50.4% above its estimated GF Value™ of NT$1,769.11.
GuruFocus considers Accton Technology to be Significantly Overvalued.
Key valuation signals for TPE:2345:
Pretax Margin %: 14.32% (27% above median its 10-year median of 11.24)
GF Value™: NT$1,769.11 vs. price of NT$2,660.00 (50.4% above fair value)
Industry Position: 300% above the Hardware median (#455 of 2476)
No single metric tells the full story. See the TPE:2345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Accton Technology Corp develops, manufactures, and sells high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company are Switch, Network Application, Metro Access Switch, Other, and Wireless. The company generates the majority of its revenue from Network Application sales.
89GF Score
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