Alpha SystemsTSE:4719 -2.50%74 Pretax Margin % is 9.57% as of Mar. 2026, which is 16% below its 10-year median of 11.43. GuruFocus rates TSE:4719 with a GF Score™ of 74/100 and a GF Value™ of 円3,663.34 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,817 Software companies, Alpha Systems ranks better than 75.19% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Alpha Systems's Pre-Tax Income for the
three
months ended in Mar. 2026 was 円1,038 Mil. Alpha Systems's Revenue for the
three
months ended in Mar. 2026 was 円10,854 Mil. Therefore, Alpha Systems's pretax margin for the quarter that ended in Mar. 2026 was 9.57%.
The historical rank and industry rank for Alpha Systems's Pretax Margin % or its related term are showing as below:
TSE:4719'
s Pretax Margin % Range Over the Past 10 Years
Min: 9.63 Med: 11.43 Max: 12.49
Current: 12.49
TSE:4719's Pretax Margin % is ranked better than 75.19% of 2817
companies
in the Software industry
Industry Median: 3.57
vs TSE:4719: 12.49
Alpha Systems (TSE:4719) 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.
Alpha Systems Pretax Margin % Related Terms
Alpha Systems Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Alpha Systems'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:4719 vs UBER, SHOP, CRM: Pretax Margin % Comparison
For the Software - Application subindustry, Alpha Systems'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.
Alpha Systems Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Alpha Systems's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Alpha Systems'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.
Alpha Systems (TSE:4719) has a Pretax Margin % of 9.57% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Alpha Systems and its competitors. This is 16% below median its historical median of 11.43. Over the past decade, Alpha Systems' Pretax Margin % has ranged from 9.63 to 12.49. According to the industry distribution chart, Alpha Systems ranks #699 out of 2817 companies in the Software industry, placing it in the top 24.8%.
Is Alpha Systems' Pretax Margin % too high?
Alpha Systems' current Pretax Margin % of 9.57% is 16% below median its 10-year median of 11.43. Over the past 10 years, this metric has ranged from a low of 9.63 to a high of 12.49. The Software industry median Pretax Margin % is 3.57. Alpha Systems' value of 9.57% is 168.1% above this industry median. Based on the distribution chart, Alpha Systems ranks #699 out of 2817 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Alpha Systems has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Systems' Pretax Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Alpha Systems ranks #699 out of 2817 companies for Pretax Margin %. This places Alpha Systems in the top 25% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.57. Alpha Systems' value of 9.57% is 168.1% above this benchmark. Historically, Alpha Systems' own Pretax Margin % has ranged from 9.63 to 12.49 over the past decade. While the company's 10-year median is 11.43 vs. the industry median of 3.57, Alpha Systems 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 3.57, based on 2,817 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. Alpha Systems's current Pretax Margin % of 9.57% is 168.1% 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 Alpha Systems and its competitors. For the Software industry, the median Pretax Margin % is 3.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Systems's current Pretax Margin % is 9.57%, which is 16% below median its own 10-year median of 11.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Systems stock overvalued right now?
Based on GuruFocus' analysis, Alpha Systems (TSE:4719) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,663.34, compared to a current price of 円3,315.00 — trading 9.5% below its estimated fair value. The current Pretax Margin % is 9.57%, which is 16% below median its 10-year median of 11.43 and 168.1% above the Software industry median of 3.57. Alpha Systems' overall GF Score™ is 74/100 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 Alpha Systems (TSE:4719), the current Pretax Margin % is 9.57% 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 Alpha Systems (TSE:4719) Overvalued in 2026?
Based on GuruFocus' analysis, Alpha Systems stock appears to be undervalued.
The current stock price of 円3,315.00 is trading 9.5% below its estimated GF Value™ of 円3,663.34.
GuruFocus considers Alpha Systems to be Modestly Undervalued.
Key valuation signals for TSE:4719:
Pretax Margin %: 9.57% (16% below median its 10-year median of 11.43)
GF Value™: 円3,663.34 vs. price of 円3,315.00 (9.5% below fair value)
Industry Position: 168.1% above the Software median (#699 of 2817)
No single metric tells the full story. See the TSE:4719 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpha Systems Inc engages in software development for telecommunications systems. The company develops software for backbone communication systems, such as node systems, mobile network systems, and network management systems; open systems, including systems for management of production and distribution, and Intranets for corporate information management; and embedded systems to control electronic devices, including home appliances, office automation equipment, industrial machines, and in-vehicle systems. It also provides system integration, system operation and maintenance, and product sales services.
74GF Score
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