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The historical rank and industry rank for Meiji Electric Industries Co's Pretax Margin % or its related term are showing as below:
TSE:3388'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.47 Med: 4.52 Max: 5.47
Current: 5.34
TSE:3388's Pretax Margin % is ranked better than 57.89% of 2479
companies
in the Hardware industry
Industry Median: 3.59
vs TSE:3388: 5.34
Meiji Electric Industries Co (TSE:3388) 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.
Meiji Electric Industries Co Pretax Margin % Related Terms
Meiji Electric Industries Co Pretax Margin % Historical Data
* 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.
Meiji Electric Industries Co Pretax Margin % Chart
TSE:3388 vs COHR, KEYS, GRMN: Pretax Margin % Comparison
For the Scientific & Technical Instruments subindustry, Meiji Electric Industries 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.
Meiji Electric Industries Co Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Meiji Electric Industries Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Meiji Electric Industries 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.
Meiji Electric Industries Co (TSE:3388) has a Pretax Margin % of 5.68% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Meiji Electric Industries Co and its competitors. This is 26% above median its historical median of 4.52. Over the past decade, Meiji Electric Industries Co's Pretax Margin % has ranged from 3.47 to 5.47. According to the industry distribution chart, Meiji Electric Industries Co ranks #1044 out of 2479 companies in the Hardware industry, placing it in the top 42.1%.
Is Meiji Electric Industries Co's Pretax Margin % too high?
Meiji Electric Industries Co's current Pretax Margin % of 5.68% is 26% above median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 5.47. The Hardware industry median Pretax Margin % is 3.59. Meiji Electric Industries Co's value of 5.68% is 58.2% above this industry median. Based on the distribution chart, Meiji Electric Industries Co ranks #1044 out of 2479 companies in the Hardware industry, which is above the industry midpoint. Overall, Meiji Electric Industries Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Electric Industries Co's Pretax Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Meiji Electric Industries Co ranks #1044 out of 2479 companies for Pretax Margin %. This puts Meiji Electric Industries Co in the upper half of its industry. The industry median Pretax Margin % is 3.59. Meiji Electric Industries Co's value of 5.68% is 58.2% above this benchmark. Historically, Meiji Electric Industries Co's own Pretax Margin % has ranged from 3.47 to 5.47 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 3.59, Meiji Electric Industries 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. Meiji Electric Industries Co's current Pretax Margin % of 5.68% is 58.2% 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 Meiji Electric Industries 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. Meiji Electric Industries Co's current Pretax Margin % is 5.68%, which is 26% above median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Electric Industries Co (TSE:3388) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,592.09, compared to a current price of 円2,205.00 — trading 38.5% above its estimated fair value. The current Pretax Margin % is 5.68%, which is 26% above median its 10-year median of 4.52 and 58.2% above the Hardware industry median of 3.59. Meiji Electric Industries Co's overall GF Score™ is 69/100 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 Meiji Electric Industries Co (TSE:3388), the current Pretax Margin % is 5.68% 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 Meiji Electric Industries Co (TSE:3388) Overvalued in 2026?
Based on GuruFocus' analysis, Meiji Electric Industries Co stock appears to be overvalued.
The current stock price of 円2,205.00 is trading 38.5% above its estimated GF Value™ of 円1,592.09.
GuruFocus considers Meiji Electric Industries Co to be Significantly Overvalued.
Key valuation signals for TSE:3388:
Pretax Margin %: 5.68% (26% above median its 10-year median of 4.52)
GF Value™: 円1,592.09 vs. price of 円2,205.00 (38.5% above fair value)
Industry Position: 58.2% above the Hardware median (#1044 of 2479)
No single metric tells the full story. See the TSE:3388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiji Electric Industries Co Ltd is a distributor of factory automation components. It also sells functional parts for electric equipment and automatic power saving electrical appliances and instruments.
69GF Score
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