Taiwan Navigation Co (TPE:2617) Pretax Margin %: 36.18% (As of Dec. 2025) — 16% Above Median


TPE:2617 Taiwan Navigation Co Ltd TPE:2617
89 GF Score
Price NT$30.50
GF Value NT$34.51
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Taiwan Navigation Co Pretax Margin %?

Taiwan Navigation Co TPE:2617 +1.84% 89 Pretax Margin % is 36.18% as of Dec. 2025, which is 16% above its 10-year median of 31.29. GuruFocus rates TPE:2617 with a GF Score™ of 89/100 and a GF Value™ of NT$34.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 997 Transportation companies, Taiwan Navigation Co ranks better than 92.98% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Taiwan Navigation Co's Pre-Tax Income for the three months ended in Dec. 2025 was NT$425 Mil. Taiwan Navigation Co's Revenue for the three months ended in Dec. 2025 was NT$1,175 Mil. Therefore, Taiwan Navigation Co's pretax margin for the quarter that ended in Dec. 2025 was 36.18%.

The historical rank and industry rank for Taiwan Navigation Co's Pretax Margin % or its related term are showing as below:

TPE:2617' s Pretax Margin % Range Over the Past 10 Years
Min: -2.79   Med: 31.29   Max: 55.31
Current: 37.67


TPE:2617's Pretax Margin % is ranked better than
92.98% of 997 companies
in the Transportation industry
Industry Median: 6.77 vs TPE:2617: 37.67

Taiwan Navigation Co  (TPE:2617) 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.


Taiwan Navigation Co Pretax Margin % Related Terms


Taiwan Navigation Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Taiwan Navigation Co'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.

Taiwan Navigation Co Pretax Margin % Chart

Taiwan Navigation Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.96 55.31 50.14 33.21 37.67

Taiwan Navigation Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.78 29.49 25.76 58.32 36.18

Taiwan Navigation Co Pretax Margin % Competitor Comparison

For the Marine Shipping subindustry, Taiwan Navigation 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.


Taiwan Navigation Co Pretax Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Taiwan Navigation Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Taiwan Navigation Co's Pretax Margin % falls into.


TPE:2617
89GF Score
Taiwan Navigation Co Ltd TPE:2617
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Navigation Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Taiwan Navigation Co's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1619.878/4299.838
=37.67 %

Taiwan Navigation Co's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=425.05/1174.95
=36.18 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 36.18% mean?
Taiwan Navigation Co (TPE:2617) has a Pretax Margin % of 36.18% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Taiwan Navigation Co and its competitors. This is 16% above median its historical median of 31.29. According to the industry distribution chart, Taiwan Navigation Co ranks #70 out of 997 companies in the Transportation industry, placing it in the top 7%.
Is Taiwan Navigation Co's Pretax Margin % too high?
Taiwan Navigation Co's current Pretax Margin % of 36.18% is 16% above median its 10-year median of 31.29. The Transportation industry median Pretax Margin % is 6.77. Taiwan Navigation Co's value of 36.18% is 434.4% above this industry median. Based on the distribution chart, Taiwan Navigation Co ranks #70 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Navigation Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Navigation Co's Pretax Margin % compare to competitors?
According to the Transportation industry distribution chart, Taiwan Navigation Co ranks #70 out of 997 companies for Pretax Margin %. This places Taiwan Navigation Co in the top 7% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.77. Taiwan Navigation Co's value of 36.18% is 434.4% above this benchmark. While the company's 10-year median is 31.29 vs. the industry median of 6.77, Taiwan Navigation Co 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 Transportation company?
The median Pretax Margin % among Transportation companies is 6.77, based on 997 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. Taiwan Navigation Co's current Pretax Margin % of 36.18% is 434.4% 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 Taiwan Navigation Co and its competitors. For the Transportation industry, the median Pretax Margin % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Navigation Co's current Pretax Margin % is 36.18%, which is 16% above median its own 10-year median of 31.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Navigation Co (TPE:2617) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.51, compared to a current price of NT$30.50 — trading 11.6% below its estimated fair value. The current Pretax Margin % is 36.18%, which is 16% above median its 10-year median of 31.29 and 434.4% above the Transportation industry median of 6.77. Taiwan Navigation Co's overall GF Score™ is 89/100 with 3 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 Taiwan Navigation Co (TPE:2617), the current Pretax Margin % is 36.18% 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 Taiwan Navigation Co (TPE:2617) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Navigation Co stock appears to be undervalued. The current stock price of NT$30.50 is trading 11.6% below its estimated GF Value™ of NT$34.51. GuruFocus considers Taiwan Navigation Co to be Modestly Undervalued.

Key valuation signals for TPE:2617:

  • Pretax Margin %: 36.18% (16% above median its 10-year median of 31.29)
  • GF Value™: NT$34.51 vs. price of NT$30.50 (11.6% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 434.4% above the Transportation median (#70 of 997)

No single metric tells the full story. See the TPE:2617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Navigation Co Business Description

Address Jinan Road, No. 29, Section 2, 2-6 Floor, Zhongzheng District, Taipei, TWN, 100023
Taiwan Navigation Co Ltd mainly engages in passenger and freight transport via water, port warehousing, aquatics and mining, and navigation channel dredging. Additionally, it acts as a shipping agency, provides tugboats, and acts as a landowner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. Geographically, the Group generates maximum revenue from Asia, followed by Europe and other regions.
89GF Score

Get the complete analysis for TPE:2617

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$30.50
Price
NT$34.51
GF Value