Medical Net (TSE:3645) Pretax Margin %: 3.76% (As of Feb. 2026) — 39% Below Median

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TSE:3645 Medical Net Inc TSE:3645
61 GF Score
Price 円246.00
GF Value 円413.36
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Medical Net Pretax Margin %?

Medical Net TSE:3645 -3.15% 61 Pretax Margin % is 3.76% as of Feb. 2026, which is 39% below its 10-year median of 6.19. GuruFocus rates TSE:3645 with a GF Score™ of 61/100 and a GF Value™ of 円413.36 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 552 Interactive Media companies, Medical Net ranks better than 51.99% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Medical Net's Pre-Tax Income for the three months ended in Feb. 2026 was 円61 Mil. Medical Net's Revenue for the three months ended in Feb. 2026 was 円1,620 Mil. Therefore, Medical Net's pretax margin for the quarter that ended in Feb. 2026 was 3.76%.

The historical rank and industry rank for Medical Net's Pretax Margin % or its related term are showing as below:

TSE:3645' s Pretax Margin % Range Over the Past 10 Years
Min: 0.41   Med: 6.19   Max: 14.25
Current: 2.79


TSE:3645's Pretax Margin % is ranked better than
51.99% of 552 companies
in the Interactive Media industry
Industry Median: 2.04 vs TSE:3645: 2.79

Medical Net  (TSE:3645) 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.


Medical Net Pretax Margin % Related Terms


Medical Net Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Medical Net'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.

Medical Net Pretax Margin % Chart

Medical Net Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.25 5.57 2.91 0.41 3.85

Medical Net Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Nov25 Feb26 May26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.16 4.49 0.00 3.76 1.91

TSE:3645 vs GOOGL, META, SPOT: Pretax Margin % Comparison

For the Internet Content & Information subindustry, Medical Net'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.


Medical Net Pretax Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Medical Net's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Medical Net's Pretax Margin % falls into.


TSE:3645
61GF Score
Medical Net Inc TSE:3645
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Medical Net Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Medical Net's Pretax Margin for the fiscal year that ended in May. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2026 )/Revenue (A: May. 2026 )
=259.374/6732.047
=3.85 %

Medical Net's Pretax Margin for the quarter that ended in Feb. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=60.946/1620.185
=3.76 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 3.76% mean?
Medical Net (TSE:3645) has a Pretax Margin % of 3.76% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Medical Net and its competitors. This is 39% below median its historical median of 6.19. Over the past decade, Medical Net's Pretax Margin % has ranged from 0.41 to 14.25. According to the industry distribution chart, Medical Net ranks #265 out of 552 companies in the Interactive Media industry, placing it in the top 48%.
Is Medical Net's Pretax Margin % too high?
Medical Net's current Pretax Margin % of 3.76% is 39% below median its 10-year median of 6.19. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 14.25. The Interactive Media industry median Pretax Margin % is 2.04. Medical Net's value of 3.76% is 84.3% above this industry median. Based on the distribution chart, Medical Net ranks #265 out of 552 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Medical Net has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medical Net's Pretax Margin % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Medical Net ranks #265 out of 552 companies for Pretax Margin %. This puts Medical Net in the upper half of its industry. The industry median Pretax Margin % is 2.04. Medical Net's value of 3.76% is 84.3% above this benchmark. Historically, Medical Net's own Pretax Margin % has ranged from 0.41 to 14.25 over the past decade. While the company's 10-year median is 6.19 vs. the industry median of 2.04, Medical Net 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 an Interactive Media company?
The median Pretax Margin % among Interactive Media companies is 2.04, based on 552 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. Medical Net's current Pretax Margin % of 3.76% is 84.3% 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 Medical Net and its competitors. For the Interactive Media industry, the median Pretax Margin % is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Net's current Pretax Margin % is 3.76%, which is 39% below median its own 10-year median of 6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Net stock overvalued right now?
Based on GuruFocus' analysis, Medical Net (TSE:3645) is currently considered Significantly Undervalued. The stock's GF Value™ is 円413.36, compared to a current price of 円246.00 — trading 40.5% below its estimated fair value. The current Pretax Margin % is 3.76%, which is 39% below median its 10-year median of 6.19 and 84.3% above the Interactive Media industry median of 2.04. Medical Net's overall GF Score™ is 61/100 with 5 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 Medical Net (TSE:3645), the current Pretax Margin % is 3.76% 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.

Is Medical Net (TSE:3645) Overvalued in 2026?

Based on GuruFocus' analysis, Medical Net stock appears to be undervalued. The current stock price of 円246.00 is trading 40.5% below its estimated GF Value™ of 円413.36. GuruFocus considers Medical Net to be Significantly Undervalued.

Key valuation signals for TSE:3645:

  • Pretax Margin %: 3.76% (39% below median its 10-year median of 6.19)
  • GF Value™: 円413.36 vs. price of 円246.00 (40.5% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 84.3% above the Interactive Media median (#265 of 552)

No single metric tells the full story. See the TSE:3645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medical Net Business Description

Address 1-34-14 Hatagaya, 3rd Floor, Takara Building, Shibuya-ku, Tokyo, JPN, 151-0072
Medical Net Inc operates as a service-based holding company engaged in various healthcare-related businesses. It manages four main reporting segments: Media Platform, Medical Institution Management Support, Medical BtoB, and Cloud Integration. The Media Platform segment runs specialized portal websites focused on dentistry, beauty, and health. The Medical Institution Management Support segment offers SEO and listing advertisement services, website production and maintenance, and sales and operational support to dental clinics. The Medical BtoB segment manages member-based dental industry portals and provides research and marketing services. The Cloud Integration segment develops and maintains POS systems for retailers, manufacturers, and hospitals, primarily in Thailand.
61GF Score

Get the complete analysis for TSE:3645

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円246.00
Price
円413.36
GF Value