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Applied CoTSE:3020 +0.12%76 Pretax Margin % is 7.22% as of Mar. 2026, which is 44% above its 10-year median of 5.01. GuruFocus rates TSE:3020 with a GF Score™ of 76/100 and a GF Value™ of 円3,153.59 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,479 Hardware companies, Applied Co ranks better than 64.78% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Applied Co's Pre-Tax Income for the
six
months ended in Mar. 2026 was 円1,940 Mil. Applied Co's Revenue for the
six
months ended in Mar. 2026 was 円26,875 Mil. Therefore, Applied Co's pretax margin for the quarter that ended in Mar. 2026 was 7.22%.
The historical rank and industry rank for Applied Co's Pretax Margin % or its related term are showing as below:
TSE:3020'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.71 Med: 5.01 Max: 7.23
Current: 7.23
TSE:3020's Pretax Margin % is ranked better than 64.78% of 2479
companies
in the Hardware industry
Industry Median: 3.59
vs TSE:3020: 7.23
Applied Co (TSE:3020) 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.
Applied Co Pretax Margin % Related Terms
Applied Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Applied 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:3020 vs SNX, ARW, AVT: Pretax Margin % Comparison
For the Electronics & Computer Distribution subindustry, Applied 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.
Applied Co Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Applied Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Applied 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.
Applied Co (TSE:3020) has a Pretax Margin % of 7.22% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Applied Co and its competitors. This is 44% above median its historical median of 5.01. Over the past decade, Applied Co's Pretax Margin % has ranged from 3.71 to 7.23. According to the industry distribution chart, Applied Co ranks #873 out of 2479 companies in the Hardware industry, placing it in the top 35.2%.
Is Applied Co's Pretax Margin % too high?
Applied Co's current Pretax Margin % of 7.22% is 44% above median its 10-year median of 5.01. Over the past 10 years, this metric has ranged from a low of 3.71 to a high of 7.23. The Hardware industry median Pretax Margin % is 3.59. Applied Co's value of 7.22% is 101.1% above this industry median. Based on the distribution chart, Applied Co ranks #873 out of 2479 companies in the Hardware industry, which is above the industry midpoint. Overall, Applied Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Co's Pretax Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Applied Co ranks #873 out of 2479 companies for Pretax Margin %. This puts Applied Co in the upper half of its industry. The industry median Pretax Margin % is 3.59. Applied Co's value of 7.22% is 101.1% above this benchmark. Historically, Applied Co's own Pretax Margin % has ranged from 3.71 to 7.23 over the past decade. While the company's 10-year median is 5.01 vs. the industry median of 3.59, Applied 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.59, based on 2,479 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. Applied Co's current Pretax Margin % of 7.22% is 101.1% 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 Applied Co and its competitors. For the Hardware industry, the median Pretax Margin % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Co's current Pretax Margin % is 7.22%, which is 44% above median its own 10-year median of 5.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Co stock overvalued right now?
Based on GuruFocus' analysis, Applied Co (TSE:3020) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,153.59, compared to a current price of 円4,075.00 — trading 29.2% above its estimated fair value. The current Pretax Margin % is 7.22%, which is 44% above median its 10-year median of 5.01 and 101.1% above the Hardware industry median of 3.59. Applied Co's overall GF Score™ is 76/100 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 Applied Co (TSE:3020), the current Pretax Margin % is 7.22% as of Mar. 2026. 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 Applied Co (TSE:3020) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Co stock appears to be overvalued.
The current stock price of 円4,075.00 is trading 29.2% above its estimated GF Value™ of 円3,153.59.
GuruFocus considers Applied Co to be Modestly Overvalued.
Key valuation signals for TSE:3020:
Pretax Margin %: 7.22% (44% above median its 10-year median of 5.01)
GF Value™: 円3,153.59 vs. price of 円4,075.00 (29.2% above fair value)
Industry Position: 101.1% above the Hardware median (#873 of 2479)
No single metric tells the full story. See the TSE:3020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Co Ltd is engaged in contract development and maintenance of work WEB systems, digital development, content development for consumers, operation of a game shop, purchase and sale of used handsets, planning and development of technical services, and contract production of OEM products.
76GF Score
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