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User LocalTSE:3984 +0.72%88 Pretax Margin % is 50.01% as of Mar. 2026, which is 25% above its 10-year median of 40.11. GuruFocus rates TSE:3984 with a GF Score™ of 88/100 and a GF Value™ of 円2,652.30 (Significantly Undervalued). Among 2,832 Software companies, User Local ranks better than 96.93% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. User Local's Pre-Tax Income for the
three
months ended in Mar. 2026 was 円677 Mil. User Local's Revenue for the
three
months ended in Mar. 2026 was 円1,354 Mil. Therefore, User Local's pretax margin for the quarter that ended in Mar. 2026 was 50.01%.
The historical rank and industry rank for User Local's Pretax Margin % or its related term are showing as below:
TSE:3984'
s Pretax Margin % Range Over the Past 10 Years
Min: 37.52 Med: 40.11 Max: 44.02
Current: 43.28
TSE:3984's Pretax Margin % is ranked better than 96.93% of 2832
companies
in the Software industry
Industry Median: 3.67
vs TSE:3984: 43.28
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.
User Local Pretax Margin % Related Terms
User Local Pretax Margin % Historical Data
* Premium members only.
The historical data trend for User Local'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:3984 vs IBM, ACN, FISV: Pretax Margin % Comparison
For the Information Technology Services subindustry, User Local'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.
User Local Pretax Margin % vs Software Industry
For the Software industry and Technology sector, User Local's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where User Local'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.
User Local (TSE:3984) has a Pretax Margin % of 50.01% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on User Local and its competitors. This is 25% above median its historical median of 40.11. Over the past decade, User Local's Pretax Margin % has ranged from 37.52 to 44.02. According to the industry distribution chart, User Local ranks #87 out of 2832 companies in the Software industry, placing it in the top 3.1%.
Is User Local's Pretax Margin % too high?
User Local's current Pretax Margin % of 50.01% is 25% above median its 10-year median of 40.11. Over the past 10 years, this metric has ranged from a low of 37.52 to a high of 44.02. The Software industry median Pretax Margin % is 3.67. User Local's value of 50.01% is 1262.7% above this industry median. Based on the distribution chart, User Local ranks #87 out of 2832 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, User Local has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does User Local's Pretax Margin % compare to IBM and ACN?
According to the Software industry distribution chart, User Local ranks #87 out of 2832 companies for Pretax Margin %. This places User Local in the top 3% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.67. User Local's value of 50.01% is 1262.7% above this benchmark. Historically, User Local's own Pretax Margin % has ranged from 37.52 to 44.02 over the past decade. While the company's 10-year median is 40.11 vs. the industry median of 3.67, User Local 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 3.67, based on 2,832 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. User Local's current Pretax Margin % of 50.01% is 1262.7% 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 User Local and its competitors. For the Software industry, the median Pretax Margin % is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. User Local's current Pretax Margin % is 50.01%, which is 25% above median its own 10-year median of 40.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is User Local stock overvalued right now?
Based on GuruFocus' analysis, User Local (TSE:3984) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,652.30, compared to a current price of 円1,535.00 — trading 42.1% below its estimated fair value. The current Pretax Margin % is 50.01%, which is 25% above median its 10-year median of 40.11 and 1262.7% above the Software industry median of 3.67. User Local's overall GF Score™ is 88/100. 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 User Local (TSE:3984), the current Pretax Margin % is 50.01% 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 User Local (TSE:3984) Overvalued in 2026?
Based on GuruFocus' analysis, User Local stock appears to be undervalued.
The current stock price of 円1,535.00 is trading 42.1% below its estimated GF Value™ of 円2,652.30.
GuruFocus considers User Local to be Significantly Undervalued.
Key valuation signals for TSE:3984:
Pretax Margin %: 50.01% (25% above median its 10-year median of 40.11)
GF Value™: 円2,652.30 vs. price of 円1,535.00 (42.1% below fair value)
Industry Position: 1262.7% above the Software median (#87 of 2832)
No single metric tells the full story. See the TSE:3984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
User Local Inc is engaged in the research and development of big data analysis system, web marketing support tool, offering media analysis tool, and managing artificial intelligence chat bot.
88GF Score
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