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RayTSE:4317 +1.65%79 Pretax Margin % is 14.91% as of Feb. 2026, which is 78% above its 10-year median of 8.40. GuruFocus rates TSE:4317 with a GF Score™ of 79/100 and a GF Value™ of 円565.59 (Modestly Undervalued). Among 1,013 Media - Diversified companies, Ray ranks better than 83.12% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ray's Pre-Tax Income for the
six
months ended in Feb. 2026 was 円1,130 Mil. Ray's Revenue for the
six
months ended in Feb. 2026 was 円7,574 Mil. Therefore, Ray's pretax margin for the quarter that ended in Feb. 2026 was 14.91%.
The historical rank and industry rank for Ray's Pretax Margin % or its related term are showing as below:
TSE:4317'
s Pretax Margin % Range Over the Past 10 Years
Min: -7.19 Med: 8.4 Max: 14.22
Current: 14.22
TSE:4317's Pretax Margin % is ranked better than 83.12% of 1013
companies
in the Media - Diversified industry
Industry Median: 2.01
vs TSE:4317: 14.22
Ray (TSE:4317) 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.
Ray Pretax Margin % Related Terms
Ray Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Ray'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:4317 vs NFLX, DIS, WBD: Pretax Margin % Comparison
For the Entertainment subindustry, Ray'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.
Ray Pretax Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Ray's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Ray'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.
Ray (TSE:4317) has a Pretax Margin % of 14.91% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ray and its competitors. This is 78% above median its historical median of 8.40. According to the industry distribution chart, Ray ranks #171 out of 1013 companies in the Media - Diversified industry, placing it in the top 16.9%.
Is Ray's Pretax Margin % too high?
Ray's current Pretax Margin % of 14.91% is 78% above median its 10-year median of 8.40. The Media - Diversified industry median Pretax Margin % is 2.01. Ray's value of 14.91% is 641.8% above this industry median. Based on the distribution chart, Ray ranks #171 out of 1013 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Ray has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ray's Pretax Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Ray ranks #171 out of 1013 companies for Pretax Margin %. This places Ray in the top 17% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 2.01. Ray's value of 14.91% is 641.8% above this benchmark. While the company's 10-year median is 8.40 vs. the industry median of 2.01, Ray 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 Media - Diversified company?
The median Pretax Margin % among Media - Diversified companies is 2.01, based on 1,013 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. Ray's current Pretax Margin % of 14.91% is 641.8% 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 Ray and its competitors. For the Media - Diversified industry, the median Pretax Margin % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray's current Pretax Margin % is 14.91%, which is 78% above median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray stock overvalued right now?
Based on GuruFocus' analysis, Ray (TSE:4317) is currently considered Modestly Undervalued. The stock's GF Value™ is 円565.59, compared to a current price of 円493.00 — trading 12.8% below its estimated fair value. The current Pretax Margin % is 14.91%, which is 78% above median its 10-year median of 8.40 and 641.8% above the Media - Diversified industry median of 2.01. Ray's overall GF Score™ is 79/100. 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 Ray (TSE:4317), the current Pretax Margin % is 14.91% 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 Ray (TSE:4317) Overvalued in 2026?
Based on GuruFocus' analysis, Ray stock appears to be undervalued.
The current stock price of 円493.00 is trading 12.8% below its estimated GF Value™ of 円565.59.
GuruFocus considers Ray to be Modestly Undervalued.
Key valuation signals for TSE:4317:
Pretax Margin %: 14.91% (78% above median its 10-year median of 8.40)
GF Value™: 円565.59 vs. price of 円493.00 (12.8% below fair value)
Industry Position: 641.8% above the Media - Diversified median (#171 of 1013)
No single metric tells the full story. See the TSE:4317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Corp is a Japan-based advertising company that operates in two business segments. The Advertising Solution segment has two divisions: the SP and event division, which handles planning and production of sales promotions, campaigns, expos, and showrooms; and the TVCM division, which creates TV commercials and promotional videos. The Technical Solution segment includes a video equipment rental division for events and business presentations, and a post-production division offering video editing, DVD/Blu-ray, and CG production services.
79GF Score
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