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Densan CoTSE:3640 +2.29%69 Pretax Margin % is 26.57% as of Mar. 2026, which is 260% above its 10-year median of 7.39. GuruFocus rates TSE:3640 with a GF Score™ of 69/100 and a GF Value™ of 円2,525.98 (Fairly Valued). Among 1,022 Semiconductors companies, Densan Co ranks better than 84.15% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Densan Co's Pre-Tax Income for the
six
months ended in Mar. 2026 was 円4,622 Mil. Densan Co's Revenue for the
six
months ended in Mar. 2026 was 円17,392 Mil. Therefore, Densan Co's pretax margin for the quarter that ended in Mar. 2026 was 26.57%.
The historical rank and industry rank for Densan Co's Pretax Margin % or its related term are showing as below:
TSE:3640'
s Pretax Margin % Range Over the Past 10 Years
Min: -9.6 Med: 7.39 Max: 22.54
Current: 22.54
TSE:3640's Pretax Margin % is ranked better than 84.15% of 1022
companies
in the Semiconductors industry
Industry Median: 5.075
vs TSE:3640: 22.54
Densan Co (TSE:3640) 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.
Densan Co Pretax Margin % Related Terms
Densan Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Densan 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:3640 vs NVDA, AVGO, MU: Pretax Margin % Comparison
For the Semiconductors subindustry, Densan 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.
Densan Co Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Densan Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Densan 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.
Densan Co (TSE:3640) has a Pretax Margin % of 26.57% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Densan Co and its competitors. This is 260% above median its historical median of 7.39. According to the industry distribution chart, Densan Co ranks #162 out of 1022 companies in the Semiconductors industry, placing it in the top 15.9%.
Is Densan Co's Pretax Margin % too high?
Densan Co's current Pretax Margin % of 26.57% is 260% above median its 10-year median of 7.39. The Semiconductors industry median Pretax Margin % is 5.08. Densan Co's value of 26.57% is 423.5% above this industry median. Based on the distribution chart, Densan Co ranks #162 out of 1022 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Densan Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Densan Co's Pretax Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Densan Co ranks #162 out of 1022 companies for Pretax Margin %. This places Densan Co in the top 16% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.08. Densan Co's value of 26.57% is 423.5% above this benchmark. While the company's 10-year median is 7.39 vs. the industry median of 5.08, Densan 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.08, based on 1,022 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. Densan Co's current Pretax Margin % of 26.57% is 423.5% 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 Densan Co and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Densan Co's current Pretax Margin % is 26.57%, which is 260% above median its own 10-year median of 7.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Densan Co stock overvalued right now?
Based on GuruFocus' analysis, Densan Co (TSE:3640) is currently considered Fairly Valued. The stock's GF Value™ is 円2,525.98, compared to a current price of 円2,414.00 — trading 4.4% below its estimated fair value. The current Pretax Margin % is 26.57%, which is 260% above median its 10-year median of 7.39 and 423.5% above the Semiconductors industry median of 5.08. Densan Co's overall GF Score™ is 69/100. 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 Densan Co (TSE:3640), the current Pretax Margin % is 26.57% 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 Densan Co (TSE:3640) Overvalued in 2026?
Based on GuruFocus' analysis, Densan Co stock appears to be undervalued.
The current stock price of 円2,414.00 is trading 4.4% below its estimated GF Value™ of 円2,525.98.
GuruFocus considers Densan Co to be Fairly Valued.
Key valuation signals for TSE:3640:
Pretax Margin %: 26.57% (260% above median its 10-year median of 7.39)
GF Value™: 円2,525.98 vs. price of 円2,414.00 (4.4% below fair value)
Industry Position: 423.5% above the Semiconductors median (#162 of 1022)
No single metric tells the full story. See the TSE:3640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Densan Co Ltd is engaged in the development and provision of information systems and related services. Its reporting segments include the Public Sector and the Industrial Sector. In the Public Sector, it serves local governments and related organizations by developing, selling, and supporting package systems, as well as offering equipment sales and information processing services. The Industrial Sector focuses on private enterprises and medical and welfare institutions, offering software development, equipment sales, and various information services. It also includes internet connectivity services for general consumers. It generates the majority of its revenue from the Public Sector segment.
69GF Score
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