Kyoei SteelTSE:5440 +1.31%74 Pretax Margin % is 3.40% as of Mar. 2026, which is 29% below its 10-year median of 4.79. GuruFocus rates TSE:5440 with a GF Score™ of 74/100 and a GF Value™ of 円2,019.28 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 611 Steel companies, Kyoei Steel ranks better than 63.83% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kyoei Steel's Pre-Tax Income for the
three
months ended in Mar. 2026 was 円2,803 Mil. Kyoei Steel's Revenue for the
three
months ended in Mar. 2026 was 円82,408 Mil. Therefore, Kyoei Steel's pretax margin for the quarter that ended in Mar. 2026 was 3.40%.
The historical rank and industry rank for Kyoei Steel's Pretax Margin % or its related term are showing as below:
TSE:5440'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.85 Med: 4.79 Max: 5.65
Current: 4.81
TSE:5440's Pretax Margin % is ranked better than 63.83% of 611
companies
in the Steel industry
Industry Median: 2.58
vs TSE:5440: 4.81
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.
Kyoei Steel Pretax Margin % Related Terms
Kyoei Steel Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Kyoei Steel'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:5440 vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Kyoei Steel'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.
Kyoei Steel Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Kyoei Steel's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kyoei Steel'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.
Kyoei Steel (TSE:5440) has a Pretax Margin % of 3.40% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kyoei Steel and its competitors. This is 29% below median its historical median of 4.79. Over the past decade, Kyoei Steel's Pretax Margin % has ranged from 2.85 to 5.65. According to the industry distribution chart, Kyoei Steel ranks #221 out of 611 companies in the Steel industry, placing it in the top 36.2%.
Is Kyoei Steel's Pretax Margin % too high?
Kyoei Steel's current Pretax Margin % of 3.40% is 29% below median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 5.65. The Steel industry median Pretax Margin % is 2.58. Kyoei Steel's value of 3.40% is 31.8% above this industry median. Based on the distribution chart, Kyoei Steel ranks #221 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, Kyoei Steel has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyoei Steel's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Kyoei Steel ranks #221 out of 611 companies for Pretax Margin %. This puts Kyoei Steel in the upper half of its industry. The industry median Pretax Margin % is 2.58. Kyoei Steel's value of 3.40% is 31.8% above this benchmark. Historically, Kyoei Steel's own Pretax Margin % has ranged from 2.85 to 5.65 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 2.58, Kyoei Steel 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 Steel company?
The median Pretax Margin % among Steel companies is 2.58, based on 611 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. Kyoei Steel's current Pretax Margin % of 3.40% is 31.8% 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 Kyoei Steel and its competitors. For the Steel industry, the median Pretax Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyoei Steel's current Pretax Margin % is 3.40%, which is 29% below median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyoei Steel stock overvalued right now?
Based on GuruFocus' analysis, Kyoei Steel (TSE:5440) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,019.28, compared to a current price of 円1,781.00 — trading 11.8% below its estimated fair value. The current Pretax Margin % is 3.40%, which is 29% below median its 10-year median of 4.79 and 31.8% above the Steel industry median of 2.58. Kyoei Steel's overall GF Score™ is 74/100 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 Kyoei Steel (TSE:5440), the current Pretax Margin % is 3.40% 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 Kyoei Steel (TSE:5440) Overvalued in 2026?
Based on GuruFocus' analysis, Kyoei Steel stock appears to be undervalued.
The current stock price of 円1,781.00 is trading 11.8% below its estimated GF Value™ of 円2,019.28.
GuruFocus considers Kyoei Steel to be Modestly Undervalued.
Key valuation signals for TSE:5440:
Pretax Margin %: 3.40% (29% below median its 10-year median of 4.79)
GF Value™: 円2,019.28 vs. price of 円1,781.00 (11.8% below fair value)
Industry Position: 31.8% above the Steel median (#221 of 611)
No single metric tells the full story. See the TSE:5440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kyoei Steel Ltd is involved in the business Steel and Material recycling. Its primary activities include manufacture, processing, and sale of steel billets and products, collection, transportation and treatment of general, industrial and medical waste, recycling of automobiles and industrial waste, processing assembly of rebars, designing of steel production plants and sale of steelmaking technology. The firm's products include concrete steel bars, flat bars, I-beams, equal angle bars etc.
74GF Score
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