AzureWave TechnologiesTPE:3694 -2.86%62 Pretax Margin % is 4.92% as of Dec. 2025, which is 70% above its 10-year median of 2.89. GuruFocus rates TPE:3694 with a GF Score™ of 62/100 and a GF Value™ of NT$58.72 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,475 Hardware companies, AzureWave Technologies ranks better than 59.52% 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.
AzureWave Technologies Pretax Margin % Related Terms
AzureWave Technologies Pretax Margin % Historical Data
* Premium members only.
The historical data trend for AzureWave Technologies'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:3694 vs CSCO, CIEN, MSI: Pretax Margin % Comparison
For the Communication Equipment subindustry, AzureWave Technologies'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.
AzureWave Technologies Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, AzureWave Technologies's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where AzureWave Technologies'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.
AzureWave Technologies (TPE:3694) has a Pretax Margin % of 4.92% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on AzureWave Technologies and its competitors. This is 70% above median its historical median of 2.89. According to the industry distribution chart, AzureWave Technologies ranks #1002 out of 2475 companies in the Hardware industry, placing it in the top 40.5%.
Is AzureWave Technologies' Pretax Margin % too high?
AzureWave Technologies' current Pretax Margin % of 4.92% is 70% above median its 10-year median of 2.89. The Hardware industry median Pretax Margin % is 3.58. AzureWave Technologies' value of 4.92% is 37.4% above this industry median. Based on the distribution chart, AzureWave Technologies ranks #1002 out of 2475 companies in the Hardware industry, which is above the industry midpoint. Overall, AzureWave Technologies has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AzureWave Technologies' Pretax Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, AzureWave Technologies ranks #1002 out of 2475 companies for Pretax Margin %. This puts AzureWave Technologies in the upper half of its industry. The industry median Pretax Margin % is 3.58. AzureWave Technologies' value of 4.92% is 37.4% above this benchmark. While the company's 10-year median is 2.89 vs. the industry median of 3.58, AzureWave Technologies 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 2,475 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. AzureWave Technologies's current Pretax Margin % of 4.92% is 37.4% 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 AzureWave Technologies 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. AzureWave Technologies's current Pretax Margin % is 4.92%, which is 70% above median its own 10-year median of 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AzureWave Technologies stock overvalued right now?
Based on GuruFocus' analysis, AzureWave Technologies (TPE:3694) is currently considered Fairly Valued. The stock's GF Value™ is NT$58.72, compared to a current price of NT$64.50 — trading 9.8% above its estimated fair value. The current Pretax Margin % is 4.92%, which is 70% above median its 10-year median of 2.89 and 37.4% above the Hardware industry median of 3.58. AzureWave Technologies' overall GF Score™ is 62/100 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 AzureWave Technologies (TPE:3694), the current Pretax Margin % is 4.92% 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 AzureWave Technologies (TPE:3694) Overvalued in 2026?
Based on GuruFocus' analysis, AzureWave Technologies stock appears to be overvalued.
The current stock price of NT$64.50 is trading 9.8% above its estimated GF Value™ of NT$58.72.
GuruFocus considers AzureWave Technologies to be Fairly Valued.
Key valuation signals for TPE:3694:
Pretax Margin %: 4.92% (70% above median its 10-year median of 2.89)
GF Value™: NT$58.72 vs. price of NT$64.50 (9.8% above fair value)
Industry Position: 37.4% above the Hardware median (#1002 of 2475)
No single metric tells the full story. See the TPE:3694 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AzureWave Technologies Inc is engaged in wireless network development, computer and transactional machine equipment, telecommunications equipment, information software wholesale and retail, services for computer peripheral hardware, and mobile e-commerce. Geographically, the group is segmented to Hong Kong and China, Taiwan, Vietnam, America, Japan and others, generating key revenue from Hong Kong and China regions.
62GF Score
Get the complete analysis for TPE:3694
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:3694 has been successfully added to your 
