IBF Financial Holdings Co (TPE:2889) Pretax Margin %: 38.45% (As of Dec. 2025) — 25% Below Median


TPE:2889 IBF Financial Holdings Co Ltd TPE:2889
63 GF Score
Price NT$14.85
GF Value NT$16.23
Valuation Fairly Valued
! 4 Warning Signs
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What is IBF Financial Holdings Co Pretax Margin %?

IBF Financial Holdings Co TPE:2889 +0.34% 63 Pretax Margin % is 38.45% as of Dec. 2025, which is 25% below its 10-year median of 51.00. GuruFocus rates TPE:2889 with a GF Score™ of 63/100 and a GF Value™ of NT$16.23 (Fairly Valued). The stock has 4 warning signs investors should review. Among 777 Capital Markets companies, IBF Financial Holdings Co ranks better than 70.01% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. IBF Financial Holdings Co's Pre-Tax Income for the three months ended in Dec. 2025 was NT$994 Mil. IBF Financial Holdings Co's Revenue for the three months ended in Dec. 2025 was NT$2,584 Mil. Therefore, IBF Financial Holdings Co's pretax margin for the quarter that ended in Dec. 2025 was 38.45%.

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

TPE:2889' s Pretax Margin % Range Over the Past 10 Years
Min: 37.17   Med: 51   Max: 55.48
Current: 41.04


TPE:2889's Pretax Margin % is ranked better than
70.01% of 777 companies
in the Capital Markets industry
Industry Median: 20.36 vs TPE:2889: 41.04

IBF Financial Holdings Co  (TPE:2889) 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.


IBF Financial Holdings Co Pretax Margin % Related Terms


IBF Financial Holdings Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for IBF Financial Holdings 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.

IBF Financial Holdings Co Pretax Margin % Chart

IBF Financial Holdings 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 53.77 37.17 43.05 41.32 41.04

IBF Financial Holdings 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 40.31 38.79 28.19 51.73 38.45

TPE:2889 vs MS, GS, SCHW: Pretax Margin % Comparison

For the Capital Markets subindustry, IBF Financial Holdings 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.


IBF Financial Holdings Co Pretax Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IBF Financial Holdings Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where IBF Financial Holdings Co's Pretax Margin % falls into.


TPE:2889
63GF Score
IBF Financial Holdings Co Ltd TPE:2889
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IBF Financial Holdings 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.

IBF Financial Holdings 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 )
=3582.209/8728.407
=41.04 %

IBF Financial Holdings 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 )
=993.55/2583.828
=38.45 %

* 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 38.45% mean?
IBF Financial Holdings Co (TPE:2889) has a Pretax Margin % of 38.45% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on IBF Financial Holdings Co and its competitors. This is 25% below median its historical median of 51.00. Over the past decade, IBF Financial Holdings Co's Pretax Margin % has ranged from 37.17 to 55.48. According to the industry distribution chart, IBF Financial Holdings Co ranks #233 out of 777 companies in the Capital Markets industry, placing it in the top 30%.
Is IBF Financial Holdings Co's Pretax Margin % too high?
IBF Financial Holdings Co's current Pretax Margin % of 38.45% is 25% below median its 10-year median of 51.00. Over the past 10 years, this metric has ranged from a low of 37.17 to a high of 55.48. The Capital Markets industry median Pretax Margin % is 20.36. IBF Financial Holdings Co's value of 38.45% is 88.9% above this industry median. Based on the distribution chart, IBF Financial Holdings Co ranks #233 out of 777 companies in the Capital Markets industry, which is above the industry midpoint. Overall, IBF Financial Holdings Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IBF Financial Holdings Co's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, IBF Financial Holdings Co ranks #233 out of 777 companies for Pretax Margin %. This puts IBF Financial Holdings Co in the upper half of its industry. The industry median Pretax Margin % is 20.36. IBF Financial Holdings Co's value of 38.45% is 88.9% above this benchmark. Historically, IBF Financial Holdings Co's own Pretax Margin % has ranged from 37.17 to 55.48 over the past decade. While the company's 10-year median is 51.00 vs. the industry median of 20.36, IBF Financial Holdings 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.36, based on 777 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. IBF Financial Holdings Co's current Pretax Margin % of 38.45% is 88.9% 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 IBF Financial Holdings Co and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IBF Financial Holdings Co's current Pretax Margin % is 38.45%, which is 25% below median its own 10-year median of 51.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IBF Financial Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, IBF Financial Holdings Co (TPE:2889) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.23, compared to a current price of NT$14.85 — trading 8.5% below its estimated fair value. The current Pretax Margin % is 38.45%, which is 25% below median its 10-year median of 51.00 and 88.9% above the Capital Markets industry median of 20.36. IBF Financial Holdings Co's overall GF Score™ is 63/100 with 4 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 IBF Financial Holdings Co (TPE:2889), the current Pretax Margin % is 38.45% 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 IBF Financial Holdings Co (TPE:2889) Overvalued in 2026?

Based on GuruFocus' analysis, IBF Financial Holdings Co stock appears to be undervalued. The current stock price of NT$14.85 is trading 8.5% below its estimated GF Value™ of NT$16.23. GuruFocus considers IBF Financial Holdings Co to be Fairly Valued.

Key valuation signals for TPE:2889:

  • Pretax Margin %: 38.45% (25% below median its 10-year median of 51.00)
  • GF Value™: NT$16.23 vs. price of NT$14.85 (8.5% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 88.9% above the Capital Markets median (#233 of 777)

No single metric tells the full story. See the TPE:2889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IBF Financial Holdings Co Business Description

Address No. 17, Lequn Third Road, 128th Floor, Zhongshan District, Taipei, TWN, 104
IBF Financial Holdings Co Ltd along with its subsidiaries is engaged in underwriting, certification as well as endorsements and guarantees of short-term bills; trading and underwriting securities such as commercial papers and bonds; consignment trading of securities; financing and short selling as well as lending and borrowing business of securities; trading as well as introducing brokerage services of futures; agency and leasing business of real estate and movables as well as venture capital business. Its operating segments are: Bills finance companies, Securities Firm, and Others.
63GF Score

Get the complete analysis for TPE:2889

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

NT$14.85
Price
NT$16.23
GF Value