I-plugTSE:4177 87 Pretax Margin % is 24.31% as of Mar. 2026, which is 171% above its 10-year median of 8.98. GuruFocus rates TSE:4177 with a GF Score™ of 87/100 and a GF Value™ of 円1,671.20 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,071 Business Services companies, I-plug ranks better than 74.14% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. I-plug's Pre-Tax Income for the
six
months ended in Mar. 2026 was 円818 Mil. I-plug's Revenue for the
six
months ended in Mar. 2026 was 円3,365 Mil. Therefore, I-plug's pretax margin for the quarter that ended in Mar. 2026 was 24.31%.
The historical rank and industry rank for I-plug's Pretax Margin % or its related term are showing as below:
TSE:4177'
s Pretax Margin % Range Over the Past 10 Years
Min: -10.62 Med: 8.98 Max: 13.55
Current: 12.51
TSE:4177's Pretax Margin % is ranked better than 74.14% of 1071
companies
in the Business Services industry
Industry Median: 5.34
vs TSE:4177: 12.51
I-plug (TSE:4177) 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.
I-plug Pretax Margin % Related Terms
I-plug Pretax Margin % Historical Data
* Premium members only.
The historical data trend for I-plug'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:4177 vs KFY, RHI, TNET: Pretax Margin % Comparison
For the Staffing & Employment Services subindustry, I-plug'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.
I-plug Pretax Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, I-plug's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where I-plug'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.
I-plug (TSE:4177) has a Pretax Margin % of 24.31% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on I-plug and its competitors. This is 171% above median its historical median of 8.98. According to the industry distribution chart, I-plug ranks #277 out of 1071 companies in the Business Services industry, placing it in the top 25.9%.
Is I-plug's Pretax Margin % too high?
I-plug's current Pretax Margin % of 24.31% is 171% above median its 10-year median of 8.98. The Business Services industry median Pretax Margin % is 5.34. I-plug's value of 24.31% is 355.2% above this industry median. Based on the distribution chart, I-plug ranks #277 out of 1071 companies in the Business Services industry, which is above the industry midpoint. Overall, I-plug has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does I-plug's Pretax Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, I-plug ranks #277 out of 1071 companies for Pretax Margin %. This puts I-plug in the upper half of its industry. The industry median Pretax Margin % is 5.34. I-plug's value of 24.31% is 355.2% above this benchmark. While the company's 10-year median is 8.98 vs. the industry median of 5.34, I-plug 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 Business Services company?
The median Pretax Margin % among Business Services companies is 5.34, based on 1,071 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. I-plug's current Pretax Margin % of 24.31% is 355.2% 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 I-plug and its competitors. For the Business Services industry, the median Pretax Margin % is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I-plug's current Pretax Margin % is 24.31%, which is 171% above median its own 10-year median of 8.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-plug stock overvalued right now?
Based on GuruFocus' analysis, I-plug (TSE:4177) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,671.20, compared to a current price of 円1,400.00 — trading 16.2% below its estimated fair value. The current Pretax Margin % is 24.31%, which is 171% above median its 10-year median of 8.98 and 355.2% above the Business Services industry median of 5.34. I-plug's overall GF Score™ is 87/100 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 I-plug (TSE:4177), the current Pretax Margin % is 24.31% 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 I-plug (TSE:4177) Overvalued in 2026?
Based on GuruFocus' analysis, I-plug stock appears to be undervalued.
The current stock price of 円1,400.00 is trading 16.2% below its estimated GF Value™ of 円1,671.20.
GuruFocus considers I-plug to be Modestly Undervalued.
Key valuation signals for TSE:4177:
Pretax Margin %: 24.31% (171% above median its 10-year median of 8.98)
GF Value™: 円1,671.20 vs. price of 円1,400.00 (16.2% below fair value)
Industry Position: 355.2% above the Business Services median (#277 of 1071)
No single metric tells the full story. See the TSE:4177 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
I-plug Inc provides a mechanism to expand the human resources who will bear the future and realizes personal growth and corporate development. It is mainly involved in the operation of the new graduate reverse recruitment site "OfferBox" series. The Company operates in a single segment, the HR platform business.
87GF Score
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