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LocalTSE:470A 5 Pretax Margin % is -4.01% as of Feb. 2026. GuruFocus rates TSE:470A with a GF Score™ of 5/100. The stock has 5 warning signs investors should review. Among 311 Retail - Defensive companies, Local ranks worse than 81.03% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Local's Pre-Tax Income for the
six
months ended in Feb. 2026 was 円-188 Mil. Local's Revenue for the
six
months ended in Feb. 2026 was 円4,691 Mil. Therefore, Local's pretax margin for the quarter that ended in Feb. 2026 was -4.01%.
The historical rank and industry rank for Local's Pretax Margin % or its related term are showing as below:
TSE:470A'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.14 Med: 1.76 Max: 3.38
Current: 0.14
TSE:470A's Pretax Margin % is ranked worse than 81.03% of 311
companies
in the Retail - Defensive industry
Industry Median: 3.04
vs TSE:470A: 0.14
Local (TSE:470A) 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.
Local Pretax Margin % Related Terms
Local Pretax Margin % Historical Data
* Premium members only.
The historical data trend for 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.
Local Pretax Margin % Chart
Local Annual Data
Trend
Sep23
Feb26
Pretax Margin %
3.38
0.14
Local Semi-Annual Data
Sep23
Aug25
Feb26
Pretax Margin %
0.00
5.53
-4.01
TSE:470A vs SYY, USFD, PFGC: Pretax Margin % Comparison
For the Food Distribution subindustry, 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.
Local Pretax Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Local's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where 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.
Local (TSE:470A) has a Pretax Margin % of -4.01% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Local and its competitors. Over the past decade, Local's Pretax Margin % has ranged from 0.14 to 3.38. According to the industry distribution chart, Local ranks #252 out of 311 companies in the Retail - Defensive industry, placing it in the top 81%.
Is Local's Pretax Margin % too high?
Local's current Pretax Margin % is -4.01%. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 3.38. Based on the distribution chart, Local ranks #252 out of 311 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Local has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Local's Pretax Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Local ranks #252 out of 311 companies for Pretax Margin %. This places Local in the lower half of its industry. The industry median Pretax Margin % is 3.04. Historically, Local's own Pretax Margin % has ranged from 0.14 to 3.38 over the past decade. 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 Retail - Defensive company?
The median Pretax Margin % among Retail - Defensive companies is 3.04, based on 311 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. 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 Local and its competitors. For the Retail - Defensive industry, the median Pretax Margin % is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Local's current Pretax Margin % is -4.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Local stock overvalued right now?
Local (TSE:470A) has a current Pretax Margin % of -4.01%. The current Pretax Margin % is -4.01%. Local's overall GF Score™ is 5/100 with 5 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 Local (TSE:470A), the current Pretax Margin % is -4.01% 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.
Local Inc is principally engaged in manufacturing and sales of food products utilizing locally sourced fresh and regional ingredients under its own brands through multiple e-commerce platforms.
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