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Base CoTSE:4481 +1.65%95 Pretax Margin % is 23.39% as of Jun. 2026, which is 3% above its 10-year median of 22.60. GuruFocus rates TSE:4481 with a GF Score™ of 95/100 and a GF Value™ of 円3,606.82 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,831 Software companies, Base Co ranks better than 91.31% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Base Co's Pre-Tax Income for the
three
months ended in Jun. 2026 was 円1,283 Mil. Base Co's Revenue for the
three
months ended in Jun. 2026 was 円5,488 Mil. Therefore, Base Co's pretax margin for the quarter that ended in Jun. 2026 was 23.39%.
The historical rank and industry rank for Base Co's Pretax Margin % or its related term are showing as below:
TSE:4481'
s Pretax Margin % Range Over the Past 10 Years
Min: 13.79 Med: 22.6 Max: 26.62
Current: 25.7
TSE:4481's Pretax Margin % is ranked better than 91.31% of 2831
companies
in the Software industry
Industry Median: 3.63
vs TSE:4481: 25.70
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.
Base Co Pretax Margin % Related Terms
Base Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Base Co'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:4481 vs QH, SHOP, UBER: Pretax Margin % Comparison
For the Software - Application subindustry, Base Co'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.
Base Co Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Base Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Base Co'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.
Base Co (TSE:4481) has a Pretax Margin % of 23.39% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Base Co and its competitors. This is near median its historical median of 22.60. Over the past decade, Base Co's Pretax Margin % has ranged from 13.79 to 26.62. According to the industry distribution chart, Base Co ranks #246 out of 2831 companies in the Software industry, placing it in the top 8.7%.
Is Base Co's Pretax Margin % too high?
Base Co's current Pretax Margin % of 23.39% is near median its 10-year median of 22.60. Over the past 10 years, this metric has ranged from a low of 13.79 to a high of 26.62. The Software industry median Pretax Margin % is 3.63. Base Co's value of 23.39% is 544.4% above this industry median. Based on the distribution chart, Base Co ranks #246 out of 2831 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Base Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Base Co's Pretax Margin % compare to QH and SHOP?
According to the Software industry distribution chart, Base Co ranks #246 out of 2831 companies for Pretax Margin %. This places Base Co in the top 9% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.63. Base Co's value of 23.39% is 544.4% above this benchmark. Historically, Base Co's own Pretax Margin % has ranged from 13.79 to 26.62 over the past decade. While the company's 10-year median is 22.60 vs. the industry median of 3.63, Base Co 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 3.63, based on 2,831 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. Base Co's current Pretax Margin % of 23.39% is 544.4% 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 Base Co and its competitors. For the Software industry, the median Pretax Margin % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Base Co's current Pretax Margin % is 23.39%, which is near median its own 10-year median of 22.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Base Co stock overvalued right now?
Based on GuruFocus' analysis, Base Co (TSE:4481) is currently considered Fairly Valued. The stock's GF Value™ is 円3,606.82, compared to a current price of 円3,390.00 — trading 6% below its estimated fair value. The current Pretax Margin % is 23.39%, which is near median its 10-year median of 22.60 and 544.4% above the Software industry median of 3.63. Base Co's overall GF Score™ is 95/100 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 Base Co (TSE:4481), the current Pretax Margin % is 23.39% as of Jun. 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 Base Co (TSE:4481) Overvalued in 2026?
Based on GuruFocus' analysis, Base Co stock appears to be undervalued.
The current stock price of 円3,390.00 is trading 6% below its estimated GF Value™ of 円3,606.82.
GuruFocus considers Base Co to be Fairly Valued.
Key valuation signals for TSE:4481:
Pretax Margin %: 23.39% (near median its 10-year median of 22.60)
GF Value™: 円3,606.82 vs. price of 円3,390.00 (6% below fair value)
Industry Position: 544.4% above the Software median (#246 of 2831)
No single metric tells the full story. See the TSE:4481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Base Co Ltd is engaged in providing computer software development and related activities. The company's activities include System development, System operation and maintenance, SAP implementation and maintenance support, e-KYC / Online identity verification service, BPO support using ICT, among others.
95GF Score
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