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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.
ZEAL Associate Pretax Margin % Related Terms
ZEAL Associate Pretax Margin % Historical Data
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The historical data trend for ZEAL Associate'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.
ZEAL Associate Pretax Margin % Chart
ZEAL Associate Annual Data
Trend
Aug23
Aug24
Aug25
Pretax Margin %
1.05
2.57
2.81
ZEAL Associate Semi-Annual Data
Aug23
Aug24
Feb25
Aug25
Feb26
Pretax Margin %
0.00
0.00
1.95
3.48
3.34
TSE:329A vs HON, MMM: Pretax Margin % Comparison
For the Conglomerates subindustry, ZEAL Associate'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.
ZEAL Associate Pretax Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ZEAL Associate's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where ZEAL Associate'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.
ZEAL Associate (TSE:329A) has a Pretax Margin % of 3.34% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ZEAL Associate and its competitors. This is 30% above median its historical median of 2.57. Over the past decade, ZEAL Associate's Pretax Margin % has ranged from 1.05 to 3.41.
Is ZEAL Associate's Pretax Margin % too high?
ZEAL Associate's current Pretax Margin % of 3.34% is 30% above median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 3.41. The Conglomerates industry median Pretax Margin % is 6.45. ZEAL Associate's value of 3.34% is 48.2% below this industry median. Overall, ZEAL Associate has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Associate's Pretax Margin % compare to HON and MMM?
ZEAL Associate's Pretax Margin % of 3.34% can be compared against companies in the Conglomerates industry. The industry median Pretax Margin % is 6.45. ZEAL Associate's value of 3.34% is 48.2% below this benchmark. Historically, ZEAL Associate's own Pretax Margin % has ranged from 1.05 to 3.41 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 6.45, ZEAL Associate has consistently been below 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 Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.45, based on 551 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. ZEAL Associate's current Pretax Margin % of 3.34% is 48.2% below 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 ZEAL Associate and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Associate's current Pretax Margin % is 3.34%, which is 30% above median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Associate stock overvalued right now?
ZEAL Associate (TSE:329A) has a current Pretax Margin % of 3.34%. The current Pretax Margin % is 3.34%, which is 30% above median its 10-year median of 2.57 and 48.2% below the Conglomerates industry median of 6.45. ZEAL Associate's overall GF Score™ is 16/100 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 ZEAL Associate (TSE:329A), the current Pretax Margin % is 3.34% as of Feb. 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.
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