Mitsubishi Steel Mfg.CoTSE:5632 +2.89%57 Pretax Margin % is 4.15% as of Mar. 2026, which is 60% above its 10-year median of 2.60. GuruFocus rates TSE:5632 with a GF Score™ of 57/100 and a GF Value™ of 円1,395.56 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 611 Steel companies, Mitsubishi Steel Mfg.Co ranks worse than 50.25% on this metric.
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.
Mitsubishi Steel Mfg.Co Pretax Margin % Related Terms
Mitsubishi Steel Mfg.Co Pretax Margin % Historical Data
* 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:5632 vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Mitsubishi Steel Mfg.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.
Mitsubishi Steel Mfg.Co Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Mitsubishi Steel Mfg.Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Mitsubishi Steel Mfg.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.
Mitsubishi Steel Mfg.Co (TSE:5632) has a Pretax Margin % of 4.15% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mitsubishi Steel Mfg.Co and its competitors. This is 60% above median its historical median of 2.60. According to the industry distribution chart, Mitsubishi Steel Mfg.Co ranks #307 out of 611 companies in the Steel industry, placing it in the top 50.2%.
Is Mitsubishi Steel Mfg.Co's Pretax Margin % too high?
Mitsubishi Steel Mfg.Co's current Pretax Margin % of 4.15% is 60% above median its 10-year median of 2.60. The Steel industry median Pretax Margin % is 2.58. Mitsubishi Steel Mfg.Co's value of 4.15% is 60.9% above this industry median. Based on the distribution chart, Mitsubishi Steel Mfg.Co ranks #307 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, Mitsubishi Steel Mfg.Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Steel Mfg.Co's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Mitsubishi Steel Mfg.Co ranks #307 out of 611 companies for Pretax Margin %. This places Mitsubishi Steel Mfg.Co in the lower half of its industry. The industry median Pretax Margin % is 2.58. Mitsubishi Steel Mfg.Co's value of 4.15% is 60.9% above this benchmark. While the company's 10-year median is 2.60 vs. the industry median of 2.58, Mitsubishi Steel Mfg.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 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. Mitsubishi Steel Mfg.Co's current Pretax Margin % of 4.15% is 60.9% 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 Mitsubishi Steel Mfg.Co 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. Mitsubishi Steel Mfg.Co's current Pretax Margin % is 4.15%, which is 60% above median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Steel Mfg.Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Steel Mfg.Co (TSE:5632) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,395.56, compared to a current price of 円2,208.00 — trading 58.2% above its estimated fair value. The current Pretax Margin % is 4.15%, which is 60% above median its 10-year median of 2.60 and 60.9% above the Steel industry median of 2.58. Mitsubishi Steel Mfg.Co's overall GF Score™ is 57/100 with 8 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 Mitsubishi Steel Mfg.Co (TSE:5632), the current Pretax Margin % is 4.15% 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 Mitsubishi Steel Mfg.Co (TSE:5632) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Steel Mfg.Co stock appears to be overvalued.
The current stock price of 円2,208.00 is trading 58.2% above its estimated GF Value™ of 円1,395.56.
GuruFocus considers Mitsubishi Steel Mfg.Co to be Significantly Overvalued.
Key valuation signals for TSE:5632:
Pretax Margin %: 4.15% (60% above median its 10-year median of 2.60)
GF Value™: 円1,395.56 vs. price of 円2,208.00 (58.2% above fair value)
Industry Position: 60.9% above the Steel median (#307 of 611)
No single metric tells the full story. See the TSE:5632 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Steel Mfg.Co Ltd engages in the manufacture and sale of special steels, spring, casting and forging materials, and machinery. It offers its products in varied categories; special steel bars unit handles the manufacture and sale of steel bars that includes machine structural alloy steel, carbon steel for machine structural use, and bearing steel. Springs products include coil, leaf, and precision springs, press assembly, and shoe plate for rubber pad. Formed and fabricated products cover the manufacture and sale of steel and precision casting, precision machined component, alloy material, and special alloy and fine powder. Machinery business manufactures and sells press machine, general industrial and plant machinery, environmental equipment, and magnetic separator.
57GF Score
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