Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
KawadenTSE:6648 -0.35%70 Pretax Margin % is 14.38% as of Mar. 2026, which is 102% above its 10-year median of 7.11. GuruFocus rates TSE:6648 with a GF Score™ of 70/100 and a GF Value™ of 円698.53 (Significantly Overvalued). Among 3,047 Industrial Products companies, Kawaden ranks better than 82.54% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kawaden's Pre-Tax Income for the
three
months ended in Mar. 2026 was 円984 Mil. Kawaden's Revenue for the
three
months ended in Mar. 2026 was 円6,844 Mil. Therefore, Kawaden's pretax margin for the quarter that ended in Mar. 2026 was 14.38%.
The historical rank and industry rank for Kawaden's Pretax Margin % or its related term are showing as below:
TSE:6648'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.44 Med: 7.11 Max: 15.85
Current: 15.85
TSE:6648's Pretax Margin % is ranked better than 82.54% of 3047
companies
in the Industrial Products industry
Industry Median: 6.14
vs TSE:6648: 15.85
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.
Kawaden Pretax Margin % Related Terms
Kawaden Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Kawaden'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:6648 vs GEV, ETN, PH: Pretax Margin % Comparison
For the Specialty Industrial Machinery subindustry, Kawaden'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.
Kawaden Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kawaden's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kawaden'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.
Kawaden (TSE:6648) has a Pretax Margin % of 14.38% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kawaden and its competitors. This is 102% above median its historical median of 7.11. Over the past decade, Kawaden's Pretax Margin % has ranged from 2.44 to 15.85. According to the industry distribution chart, Kawaden ranks #532 out of 3047 companies in the Industrial Products industry, placing it in the top 17.5%.
Is Kawaden's Pretax Margin % too high?
Kawaden's current Pretax Margin % of 14.38% is 102% above median its 10-year median of 7.11. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 15.85. The Industrial Products industry median Pretax Margin % is 6.14. Kawaden's value of 14.38% is 134.2% above this industry median. Based on the distribution chart, Kawaden ranks #532 out of 3047 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kawaden has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawaden's Pretax Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kawaden ranks #532 out of 3047 companies for Pretax Margin %. This places Kawaden in the top 18% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.14. Kawaden's value of 14.38% is 134.2% above this benchmark. Historically, Kawaden's own Pretax Margin % has ranged from 2.44 to 15.85 over the past decade. While the company's 10-year median is 7.11 vs. the industry median of 6.14, Kawaden 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 an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 6.14, based on 3,047 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. Kawaden's current Pretax Margin % of 14.38% is 134.2% 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 Kawaden and its competitors. For the Industrial Products industry, the median Pretax Margin % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawaden's current Pretax Margin % is 14.38%, which is 102% above median its own 10-year median of 7.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawaden stock overvalued right now?
Based on GuruFocus' analysis, Kawaden (TSE:6648) is currently considered Significantly Overvalued. The stock's GF Value™ is 円698.53, compared to a current price of 円1,730.00 — trading 147.7% above its estimated fair value. The current Pretax Margin % is 14.38%, which is 102% above median its 10-year median of 7.11 and 134.2% above the Industrial Products industry median of 6.14. Kawaden's overall GF Score™ is 70/100. 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 Kawaden (TSE:6648), the current Pretax Margin % is 14.38% 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 Kawaden (TSE:6648) Overvalued in 2026?
Based on GuruFocus' analysis, Kawaden stock appears to be overvalued.
The current stock price of 円1,730.00 is trading 147.7% above its estimated GF Value™ of 円698.53.
GuruFocus considers Kawaden to be Significantly Overvalued.
Key valuation signals for TSE:6648:
Pretax Margin %: 14.38% (102% above median its 10-year median of 7.11)
GF Value™: 円698.53 vs. price of 円1,730.00 (147.7% above fair value)
Industry Position: 134.2% above the Industrial Products median (#532 of 3047)
No single metric tells the full story. See the TSE:6648 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kawaden Corp is engaged in design, production, and sales of electric cymbal machinery, electrical materials, construction materials, and the design and supervision of electric. The products of the company include voltage switchboard, distribution board, plug breaker compatible, and network compatible. The company operates a single segment, the power distribution control equipment manufacturing business.
70GF Score
Get the complete analysis for TSE:6648
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6648 has been successfully added to your 
