The historical rank and industry rank for Micro-Star International Co's Pretax Margin % or its related term are showing as below:
TPE:2377'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.05 Med: 5.66 Max: 10.22
Current: 3.05
TPE:2377's Pretax Margin % is ranked worse than 52.44% of 2475
companies
in the Hardware industry
Industry Median: 3.58
vs TPE:2377: 3.05
Micro-Star International Co (TPE:2377) 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.
Micro-Star International Co Pretax Margin % Related Terms
Micro-Star International 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.
TPE:2377 vs SNDK, DELL, STX: Pretax Margin % Comparison
For the Computer Hardware subindustry, Micro-Star International 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.
Micro-Star International Co Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Micro-Star International Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Micro-Star International 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.
Micro-Star International Co (TPE:2377) has a Pretax Margin % of 3.23% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Micro-Star International Co and its competitors. This is 43% below median its historical median of 5.66. Over the past decade, Micro-Star International Co's Pretax Margin % has ranged from 3.05 to 10.22. According to the industry distribution chart, Micro-Star International Co ranks #1298 out of 2475 companies in the Hardware industry, placing it in the top 52.4%.
Is Micro-Star International Co's Pretax Margin % too high?
Micro-Star International Co's current Pretax Margin % of 3.23% is 43% below median its 10-year median of 5.66. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 10.22. The Hardware industry median Pretax Margin % is 3.58. Micro-Star International Co's value of 3.23% is 9.8% below this industry median. Based on the distribution chart, Micro-Star International Co ranks #1298 out of 2475 companies in the Hardware industry, which is below the industry midpoint. Overall, Micro-Star International Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micro-Star International Co's Pretax Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Micro-Star International Co ranks #1298 out of 2475 companies for Pretax Margin %. This places Micro-Star International Co in the lower half of its industry. The industry median Pretax Margin % is 3.58. Micro-Star International Co's value of 3.23% is 9.8% below this benchmark. Historically, Micro-Star International Co's own Pretax Margin % has ranged from 3.05 to 10.22 over the past decade. While the company's 10-year median is 5.66 vs. the industry median of 3.58, Micro-Star International 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 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. Micro-Star International Co's current Pretax Margin % of 3.23% is 9.8% 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 Micro-Star International Co 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. Micro-Star International Co's current Pretax Margin % is 3.23%, which is 43% below median its own 10-year median of 5.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro-Star International Co stock overvalued right now?
Based on GuruFocus' analysis, Micro-Star International Co (TPE:2377) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$203.59, compared to a current price of NT$145.50 — trading 28.5% below its estimated fair value. The current Pretax Margin % is 3.23%, which is 43% below median its 10-year median of 5.66 and 9.8% below the Hardware industry median of 3.58. Micro-Star International Co's overall GF Score™ is 86/100 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 Micro-Star International Co (TPE:2377), the current Pretax Margin % is 3.23% 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 Micro-Star International Co (TPE:2377) Overvalued in 2026?
Based on GuruFocus' analysis, Micro-Star International Co stock appears to be undervalued.
The current stock price of NT$145.50 is trading 28.5% below its estimated GF Value™ of NT$203.59.
GuruFocus considers Micro-Star International Co to be Modestly Undervalued.
Key valuation signals for TPE:2377:
Pretax Margin %: 3.23% (43% below median its 10-year median of 5.66)
GF Value™: NT$203.59 vs. price of NT$145.50 (28.5% below fair value)
Industry Position: 9.8% below the Hardware median (#1298 of 2475)
No single metric tells the full story. See the TPE:2377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micro-Star International Co Ltd is a manufacturer and distributor of computer hardware products, particularly gaming laptops and hardware. The company has single reportable segment which is Computer and IT segment. Its other products include laptops, motherboards, graphics cards, all-in-one PCs, mobile workstations, barebone computers, servers, multimedia peripherals to vehicle infotainment solutions, smart cleaning robots, and Wi-Fi cameras. Geographically, it generates revenue from Asia, Europe, America and others.
86GF Score
Get the complete analysis for TPE:2377
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