ShowcaseTSE:3909 +0.52%49 Pretax Margin % is 26.44% as of Mar. 2026, which is 578% above its 10-year median of 3.90. GuruFocus rates TSE:3909 with a GF Score™ of 49/100 and a GF Value™ of 円459.98 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,823 Software companies, Showcase ranks better than 89.05% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Showcase's Pre-Tax Income for the
three
months ended in Mar. 2026 was 円862 Mil. Showcase's Revenue for the
three
months ended in Mar. 2026 was 円3,261 Mil. Therefore, Showcase's pretax margin for the quarter that ended in Mar. 2026 was 26.44%.
The historical rank and industry rank for Showcase's Pretax Margin % or its related term are showing as below:
TSE:3909'
s Pretax Margin % Range Over the Past 10 Years
Min: -14.35 Med: 3.9 Max: 23.52
Current: 23.16
TSE:3909's Pretax Margin % is ranked better than 89.05% of 2823
companies
in the Software industry
Industry Median: 3.51
vs TSE:3909: 23.16
Showcase (TSE:3909) 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.
Showcase Pretax Margin % Related Terms
Showcase Pretax Margin % Historical Data
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The historical data trend for Showcase'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:3909 vs UBER, SHOP, CRM: Pretax Margin % Comparison
For the Software - Application subindustry, Showcase'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.
Showcase Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Showcase's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Showcase'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.
Showcase (TSE:3909) has a Pretax Margin % of 26.44% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Showcase and its competitors. This is 578% above median its historical median of 3.90. According to the industry distribution chart, Showcase ranks #309 out of 2823 companies in the Software industry, placing it in the top 10.9%.
Is Showcase's Pretax Margin % too high?
Showcase's current Pretax Margin % of 26.44% is 578% above median its 10-year median of 3.90. The Software industry median Pretax Margin % is 3.51. Showcase's value of 26.44% is 653.3% above this industry median. Based on the distribution chart, Showcase ranks #309 out of 2823 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Showcase has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Showcase's Pretax Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Showcase ranks #309 out of 2823 companies for Pretax Margin %. This places Showcase in the top 11% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.51. Showcase's value of 26.44% is 653.3% above this benchmark. While the company's 10-year median is 3.90 vs. the industry median of 3.51, Showcase 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 Software company?
The median Pretax Margin % among Software companies is 3.51, based on 2,823 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. Showcase's current Pretax Margin % of 26.44% is 653.3% 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 Showcase and its competitors. For the Software industry, the median Pretax Margin % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Showcase's current Pretax Margin % is 26.44%, which is 578% above median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showcase stock overvalued right now?
Based on GuruFocus' analysis, Showcase (TSE:3909) is currently considered Significantly Undervalued. The stock's GF Value™ is 円459.98, compared to a current price of 円193.00 — trading 58% below its estimated fair value. The current Pretax Margin % is 26.44%, which is 578% above median its 10-year median of 3.90 and 653.3% above the Software industry median of 3.51. Showcase's overall GF Score™ is 49/100 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 Showcase (TSE:3909), the current Pretax Margin % is 26.44% 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 Showcase (TSE:3909) Overvalued in 2026?
Based on GuruFocus' analysis, Showcase stock appears to be undervalued.
The current stock price of 円193.00 is trading 58% below its estimated GF Value™ of 円459.98.
GuruFocus considers Showcase to be Significantly Undervalued.
Key valuation signals for TSE:3909:
Pretax Margin %: 26.44% (578% above median its 10-year median of 3.90)
GF Value™: 円459.98 vs. price of 円193.00 (58% below fair value)
Industry Position: 653.3% above the Software median (#309 of 2823)
No single metric tells the full story. See the TSE:3909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Showcase Inc is engaged in web marketing services. Its operations are carried out through the following business segments: DX Cloud Business, Advertising and Media Business, Investment-related Business, and Information and Communications-related Business. The DX Cloud Business is engaged in the SaaS business. The Advertising and Media Business operates owned media and affiliate advertising. The Investment-related business provides SmartPitch, an online matching platform by Showcase Capital Inc., connecting startups with operating companies, VCs, and CVCs, while also supporting startup growth and fundraising for listed companies. The Information and Communications Related Business is engaged in the sale of used smartphones.
49GF Score
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