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Asia Optical CoTPE:3019 +2.79%82 Pretax Margin % is 5.11% as of Dec. 2025, which is 44% below its 10-year median of 9.06. GuruFocus rates TPE:3019 with a GF Score™ of 82/100 and a GF Value™ of NT$138.18 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,479 Hardware companies, Asia Optical Co ranks better than 74.51% on this metric.
The historical rank and industry rank for Asia Optical Co's Pretax Margin % or its related term are showing as below:
TPE:3019'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.16 Med: 9.06 Max: 10.79
Current: 10.22
TPE:3019's Pretax Margin % is ranked better than 74.51% of 2479
companies
in the Hardware industry
Industry Median: 3.59
vs TPE:3019: 10.22
Asia Optical Co (TPE:3019) 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.
Asia Optical Co Pretax Margin % Related Terms
Asia Optical Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Asia Optical 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.
For the Electronic Components subindustry, Asia Optical 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.
Asia Optical Co Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Asia Optical Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Asia Optical 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.
Asia Optical Co (TPE:3019) has a Pretax Margin % of 5.11% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Asia Optical Co and its competitors. This is 44% below median its historical median of 9.06. Over the past decade, Asia Optical Co's Pretax Margin % has ranged from 5.16 to 10.79. According to the industry distribution chart, Asia Optical Co ranks #632 out of 2479 companies in the Hardware industry, placing it in the top 25.5%.
Is Asia Optical Co's Pretax Margin % too high?
Asia Optical Co's current Pretax Margin % of 5.11% is 44% below median its 10-year median of 9.06. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 10.79. The Hardware industry median Pretax Margin % is 3.59. Asia Optical Co's value of 5.11% is 42.3% above this industry median. Based on the distribution chart, Asia Optical Co ranks #632 out of 2479 companies in the Hardware industry, which is above the industry midpoint. Overall, Asia Optical Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Optical Co's Pretax Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Asia Optical Co ranks #632 out of 2479 companies for Pretax Margin %. This puts Asia Optical Co in the upper half of its industry. The industry median Pretax Margin % is 3.59. Asia Optical Co's value of 5.11% is 42.3% above this benchmark. Historically, Asia Optical Co's own Pretax Margin % has ranged from 5.16 to 10.79 over the past decade. While the company's 10-year median is 9.06 vs. the industry median of 3.59, Asia Optical 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.59, based on 2,479 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. Asia Optical Co's current Pretax Margin % of 5.11% is 42.3% 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 Asia Optical Co and its competitors. For the Hardware industry, the median Pretax Margin % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Optical Co's current Pretax Margin % is 5.11%, which is 44% below median its own 10-year median of 9.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Optical Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Optical Co (TPE:3019) is currently considered Fairly Valued. The stock's GF Value™ is NT$138.18, compared to a current price of NT$147.50 — trading 6.7% above its estimated fair value. The current Pretax Margin % is 5.11%, which is 44% below median its 10-year median of 9.06 and 42.3% above the Hardware industry median of 3.59. Asia Optical Co's overall GF Score™ is 82/100 with 1 warning sign 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 Asia Optical Co (TPE:3019), the current Pretax Margin % is 5.11% 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 Asia Optical Co (TPE:3019) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Optical Co stock appears to be overvalued.
The current stock price of NT$147.50 is trading 6.7% above its estimated GF Value™ of NT$138.18.
GuruFocus considers Asia Optical Co to be Fairly Valued.
Key valuation signals for TPE:3019:
Pretax Margin %: 5.11% (44% below median its 10-year median of 9.06)
GF Value™: NT$138.18 vs. price of NT$147.50 (6.7% above fair value)
Industry Position: 42.3% above the Hardware median (#632 of 2479)
No single metric tells the full story. See the TPE:3019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Optical Co Inc is engaged in the manufacturing and sale of cameras, rangefinders, riflescopes, photocopier lens, scanner lens and optical components. The companies reportable segments included optical components, contact image sensor modules, optronics components, optronics products and digital camera. The majority of the revenue is generated from optical components. The company operates in two principal geographical areas Asia and America.
82GF Score
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