RichWave TechnologyTPE:4968 -4.24%75 Pretax Margin % is 14.98% as of Dec. 2025, which is 90% above its 10-year median of 7.89. GuruFocus rates TPE:4968 with a GF Score™ of 75/100 and a GF Value™ of NT$195.38 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,020 Semiconductors companies, RichWave Technology ranks better than 57.25% 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.
RichWave Technology Pretax Margin % Related Terms
RichWave Technology Pretax Margin % Historical Data
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The historical data trend for RichWave Technology'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:4968 vs NVDA, AVGO, MU: Pretax Margin % Comparison
For the Semiconductors subindustry, RichWave Technology'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.
RichWave Technology Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, RichWave Technology's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where RichWave Technology'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.
RichWave Technology (TPE:4968) has a Pretax Margin % of 14.98% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on RichWave Technology and its competitors. This is 90% above median its historical median of 7.89. According to the industry distribution chart, RichWave Technology ranks #436 out of 1020 companies in the Semiconductors industry, placing it in the top 42.7%.
Is RichWave Technology's Pretax Margin % too high?
RichWave Technology's current Pretax Margin % of 14.98% is 90% above median its 10-year median of 7.89. The Semiconductors industry median Pretax Margin % is 5.11. RichWave Technology's value of 14.98% is 193.2% above this industry median. Based on the distribution chart, RichWave Technology ranks #436 out of 1020 companies in the Semiconductors industry, which is above the industry midpoint. Overall, RichWave Technology has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RichWave Technology's Pretax Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, RichWave Technology ranks #436 out of 1020 companies for Pretax Margin %. This puts RichWave Technology in the upper half of its industry. The industry median Pretax Margin % is 5.11. RichWave Technology's value of 14.98% is 193.2% above this benchmark. While the company's 10-year median is 7.89 vs. the industry median of 5.11, RichWave Technology 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.11, based on 1,020 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. RichWave Technology's current Pretax Margin % of 14.98% is 193.2% 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 RichWave Technology and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RichWave Technology's current Pretax Margin % is 14.98%, which is 90% above median its own 10-year median of 7.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RichWave Technology stock overvalued right now?
Based on GuruFocus' analysis, RichWave Technology (TPE:4968) is currently considered Possible Value Trap. The stock's GF Value™ is NT$195.38, compared to a current price of NT$113.00 — trading 42.2% below its estimated fair value. The current Pretax Margin % is 14.98%, which is 90% above median its 10-year median of 7.89 and 193.2% above the Semiconductors industry median of 5.11. RichWave Technology's overall GF Score™ is 75/100 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 RichWave Technology (TPE:4968), the current Pretax Margin % is 14.98% 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 RichWave Technology (TPE:4968) Overvalued in 2026?
Based on GuruFocus' analysis, RichWave Technology stock appears to be undervalued.
The current stock price of NT$113.00 is trading 42.2% below its estimated GF Value™ of NT$195.38.
GuruFocus considers RichWave Technology to be Possible Value Trap.
Key valuation signals for TPE:4968:
Pretax Margin %: 14.98% (90% above median its 10-year median of 7.89)
GF Value™: NT$195.38 vs. price of NT$113.00 (42.2% below fair value)
Industry Position: 193.2% above the Semiconductors median (#436 of 1020)
No single metric tells the full story. See the TPE:4968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RichWave Technology Corp is a fabless IC design company. The company is engaged in the research and development, design, integration, and manufacturing and sales of integrated circuits for wireless communication products. Its product includes a front-end module, power amplifier, switch, and GPS LNA. Its products are used in networking, mobile phones, broadcasting, surveillance, and automotive rearview applications. The company operates majorly in Taiwan, China, Korea, and Others, with the majority of revenue from Taiwan and China.
75GF Score
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