Taiwan Steel Union CoTPE:6581 -0.47%87 Pretax Margin % is 41.10% as of Dec. 2025, which is 2% above its 10-year median of 40.49. GuruFocus rates TPE:6581 with a GF Score™ of 87/100 and a GF Value™ of NT$96.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 239 Waste Management companies, Taiwan Steel Union Co ranks better than 97.49% on this metric.
The historical rank and industry rank for Taiwan Steel Union Co's Pretax Margin % or its related term are showing as below:
TPE:6581'
s Pretax Margin % Range Over the Past 10 Years
Min: 31.05 Med: 40.49 Max: 50.14
Current: 38.76
TPE:6581's Pretax Margin % is ranked better than 97.49% of 239
companies
in the Waste Management industry
Industry Median: 4.82
vs TPE:6581: 38.76
Taiwan Steel Union Co (TPE:6581) 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 Steel Union Co Pretax Margin % Related Terms
Taiwan Steel Union Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Taiwan Steel Union 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.
TPE:6581 vs WM, RSG, WCN: Pretax Margin % Comparison
For the Waste Management subindustry, Taiwan Steel Union 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 Steel Union Co Pretax Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Taiwan Steel Union Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Taiwan Steel Union 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.
Taiwan Steel Union Co (TPE:6581) has a Pretax Margin % of 41.10% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Taiwan Steel Union Co and its competitors. This is near median its historical median of 40.49. Over the past decade, Taiwan Steel Union Co's Pretax Margin % has ranged from 31.05 to 50.14. According to the industry distribution chart, Taiwan Steel Union Co ranks #6 out of 239 companies in the Waste Management industry, placing it in the top 2.5%.
Is Taiwan Steel Union Co's Pretax Margin % too high?
Taiwan Steel Union Co's current Pretax Margin % of 41.10% is near median its 10-year median of 40.49. Over the past 10 years, this metric has ranged from a low of 31.05 to a high of 50.14. The Waste Management industry median Pretax Margin % is 4.82. Taiwan Steel Union Co's value of 41.10% is 752.7% above this industry median. Based on the distribution chart, Taiwan Steel Union Co ranks #6 out of 239 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Steel Union Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Steel Union Co's Pretax Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Taiwan Steel Union Co ranks #6 out of 239 companies for Pretax Margin %. This places Taiwan Steel Union Co in the top 3% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.82. Taiwan Steel Union Co's value of 41.10% is 752.7% above this benchmark. Historically, Taiwan Steel Union Co's own Pretax Margin % has ranged from 31.05 to 50.14 over the past decade. While the company's 10-year median is 40.49 vs. the industry median of 4.82, Taiwan Steel Union 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 Waste Management company?
The median Pretax Margin % among Waste Management companies is 4.82, based on 239 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 Steel Union Co's current Pretax Margin % of 41.10% is 752.7% 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 Steel Union Co and its competitors. For the Waste Management industry, the median Pretax Margin % is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Steel Union Co's current Pretax Margin % is 41.10%, which is near median its own 10-year median of 40.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Steel Union Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Steel Union Co (TPE:6581) is currently considered Fairly Valued. The stock's GF Value™ is NT$96.94, compared to a current price of NT$106.50 — trading 9.9% above its estimated fair value. The current Pretax Margin % is 41.10%, which is near median its 10-year median of 40.49 and 752.7% above the Waste Management industry median of 4.82. Taiwan Steel Union Co's overall GF Score™ is 87/100 with 5 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 Steel Union Co (TPE:6581), the current Pretax Margin % is 41.10% 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 Steel Union Co (TPE:6581) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Steel Union Co stock appears to be overvalued.
The current stock price of NT$106.50 is trading 9.9% above its estimated GF Value™ of NT$96.94.
GuruFocus considers Taiwan Steel Union Co to be Fairly Valued.
Key valuation signals for TPE:6581:
Pretax Margin %: 41.10% (near median its 10-year median of 40.49)
GF Value™: NT$96.94 vs. price of NT$106.50 (9.9% above fair value)
Industry Position: 752.7% above the Waste Management median (#6 of 239)
No single metric tells the full story. See the TPE:6581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Steel Union Co Ltd is a Taiwan-based waste management company. The company's main business is to dispose and reuse general industrial waste and hazardous industrial waste, as well as manufacture and trade non-ferrous metal (zinc oxide) and non-metallic mineral products.
87GF Score
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