Kodensha CoTSE:1948 -0.09%53 Pretax Margin % is 8.22% as of Sep. 2025, which is 96% above its 10-year median of 4.19. GuruFocus rates TSE:1948 with a GF Score™ of 53/100 and a GF Value™ of 円1,375.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,761 Construction companies, Kodensha Co ranks worse than 51.28% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kodensha Co's Pre-Tax Income for the
three
months ended in Sep. 2025 was 円936 Mil. Kodensha Co's Revenue for the
three
months ended in Sep. 2025 was 円11,392 Mil. Therefore, Kodensha Co's pretax margin for the quarter that ended in Sep. 2025 was 8.22%.
The historical rank and industry rank for Kodensha Co's Pretax Margin % or its related term are showing as below:
TSE:1948'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.83 Med: 4.19 Max: 9.62
Current: 5.25
TSE:1948's Pretax Margin % is ranked worse than 51.28% of 1761
companies
in the Construction industry
Industry Median: 5.47
vs TSE:1948: 5.25
Kodensha Co (TSE:1948) 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.
Kodensha Co Pretax Margin % Related Terms
Kodensha Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Kodensha 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.
TSE:1948 vs PWR, FIX, EME: Pretax Margin % Comparison
For the Engineering & Construction subindustry, Kodensha 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.
Kodensha Co Pretax Margin % vs Construction Industry
For the Construction industry and Industrials sector, Kodensha Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kodensha 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.
Kodensha Co (TSE:1948) has a Pretax Margin % of 8.22% as of Sep. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kodensha Co and its competitors. This is 96% above median its historical median of 4.19. Over the past decade, Kodensha Co's Pretax Margin % has ranged from 1.83 to 9.62. According to the industry distribution chart, Kodensha Co ranks #903 out of 1761 companies in the Construction industry, placing it in the top 51.3%.
Is Kodensha Co's Pretax Margin % too high?
Kodensha Co's current Pretax Margin % of 8.22% is 96% above median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 9.62. The Construction industry median Pretax Margin % is 5.47. Kodensha Co's value of 8.22% is 50.3% above this industry median. Based on the distribution chart, Kodensha Co ranks #903 out of 1761 companies in the Construction industry, which is below the industry midpoint. Overall, Kodensha Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kodensha Co's Pretax Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Kodensha Co ranks #903 out of 1761 companies for Pretax Margin %. This places Kodensha Co in the lower half of its industry. The industry median Pretax Margin % is 5.47. Kodensha Co's value of 8.22% is 50.3% above this benchmark. Historically, Kodensha Co's own Pretax Margin % has ranged from 1.83 to 9.62 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 5.47, Kodensha 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 Construction company?
The median Pretax Margin % among Construction companies is 5.47, based on 1,761 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. Kodensha Co's current Pretax Margin % of 8.22% is 50.3% 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 Kodensha Co and its competitors. For the Construction industry, the median Pretax Margin % is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kodensha Co's current Pretax Margin % is 8.22%, which is 96% above median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kodensha Co stock overvalued right now?
Based on GuruFocus' analysis, Kodensha Co (TSE:1948) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,375.45, compared to a current price of 円11,410.00 — trading 729.5% above its estimated fair value. The current Pretax Margin % is 8.22%, which is 96% above median its 10-year median of 4.19 and 50.3% above the Construction industry median of 5.47. Kodensha Co's overall GF Score™ is 53/100 with 6 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 Kodensha Co (TSE:1948), the current Pretax Margin % is 8.22% as of Sep. 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 Kodensha Co (TSE:1948) Overvalued in 2026?
Based on GuruFocus' analysis, Kodensha Co stock appears to be overvalued.
The current stock price of 円11,410.00 is trading 729.5% above its estimated GF Value™ of 円1,375.45.
GuruFocus considers Kodensha Co to be Significantly Overvalued.
Key valuation signals for TSE:1948:
Pretax Margin %: 8.22% (96% above median its 10-year median of 4.19)
GF Value™: 円1,375.45 vs. price of 円11,410.00 (729.5% above fair value)
Industry Position: 50.3% above the Construction median (#903 of 1761)
No single metric tells the full story. See the TSE:1948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kodensha Co Ltd is a specialized company of electrical equipment construction. It has diversified its operations into the following segments. The "Electrical Equipment Construction Business" carries out indoor wiring construction, power transmission line construction, power generation and transformation construction, communication construction, and air conditioning construction. The "Product Sales Business" sells electronic control and measurement machinery and equipment, substation equipment and equipment, machine tools and equipment, information and communication machinery and equipment, refrigeration and air conditioning machinery and equipment, elevators and monitoring, and control equipment.
53GF Score
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