Pou ChenTPE:9904 -0.20%81 Pretax Margin % is 8.47% as of Dec. 2025, which is 7% above its 10-year median of 7.95. GuruFocus rates TPE:9904 with a GF Score™ of 81/100 and a GF Value™ of NT$30.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Pou Chen ranks better than 72.76% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Pou Chen's Pre-Tax Income for the
three
months ended in Dec. 2025 was NT$5,314 Mil. Pou Chen's Revenue for the
three
months ended in Dec. 2025 was NT$62,769 Mil. Therefore, Pou Chen's pretax margin for the quarter that ended in Dec. 2025 was 8.47%.
The historical rank and industry rank for Pou Chen's Pretax Margin % or its related term are showing as below:
TPE:9904'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.38 Med: 7.95 Max: 11.27
Current: 8.78
TPE:9904's Pretax Margin % is ranked better than 72.76% of 1039
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.52
vs TPE:9904: 8.78
Pou Chen (TPE:9904) 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.
Pou Chen Pretax Margin % Related Terms
Pou Chen Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Pou Chen'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:9904 vs NKE, DECK, ONON: Pretax Margin % Comparison
For the Footwear & Accessories subindustry, Pou Chen'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.
Pou Chen Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pou Chen's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Pou Chen'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.
Pou Chen (TPE:9904) has a Pretax Margin % of 8.47% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Pou Chen and its competitors. This is near median its historical median of 7.95. Over the past decade, Pou Chen's Pretax Margin % has ranged from 2.38 to 11.27. According to the industry distribution chart, Pou Chen ranks #283 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 27.2%.
Is Pou Chen's Pretax Margin % too high?
Pou Chen's current Pretax Margin % of 8.47% is near median its 10-year median of 7.95. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 11.27. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.52. Pou Chen's value of 8.47% is 140.6% above this industry median. Based on the distribution chart, Pou Chen ranks #283 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Pou Chen has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pou Chen's Pretax Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Pou Chen ranks #283 out of 1039 companies for Pretax Margin %. This puts Pou Chen in the upper half of its industry. The industry median Pretax Margin % is 3.52. Pou Chen's value of 8.47% is 140.6% above this benchmark. Historically, Pou Chen's own Pretax Margin % has ranged from 2.38 to 11.27 over the past decade. While the company's 10-year median is 7.95 vs. the industry median of 3.52, Pou Chen 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.52, based on 1,039 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. Pou Chen's current Pretax Margin % of 8.47% is 140.6% 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 Pou Chen and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pou Chen's current Pretax Margin % is 8.47%, which is near median its own 10-year median of 7.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pou Chen stock overvalued right now?
Based on GuruFocus' analysis, Pou Chen (TPE:9904) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.85, compared to a current price of NT$25.35 — trading 17.8% below its estimated fair value. The current Pretax Margin % is 8.47%, which is near median its 10-year median of 7.95 and 140.6% above the Manufacturing - Apparel & Accessories industry median of 3.52. Pou Chen's overall GF Score™ is 81/100 with 3 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 Pou Chen (TPE:9904), the current Pretax Margin % is 8.47% 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 Pou Chen (TPE:9904) Overvalued in 2026?
Based on GuruFocus' analysis, Pou Chen stock appears to be undervalued.
The current stock price of NT$25.35 is trading 17.8% below its estimated GF Value™ of NT$30.85.
GuruFocus considers Pou Chen to be Modestly Undervalued.
Key valuation signals for TPE:9904:
Pretax Margin %: 8.47% (near median its 10-year median of 7.95)
GF Value™: NT$30.85 vs. price of NT$25.35 (17.8% below fair value)
Industry Position: 140.6% above the Manufacturing - Apparel & Accessories median (#283 of 1039)
No single metric tells the full story. See the TPE:9904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pou Chen Corp the manufacture and sale of various kinds of shoes and the import and export of related products and materials. The company invests in and other footwear-related companies.
81GF Score
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