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Japan Electronic MaterialsTSE:6855 -1.67%78 Pretax Margin % is 28.24% as of Mar. 2026, which is 168% above its 10-year median of 10.54. GuruFocus rates TSE:6855 with a GF Score™ of 78/100 and a GF Value™ of 円3,404.82 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,022 Semiconductors companies, Japan Electronic Materials ranks better than 85.81% on this metric.
The historical rank and industry rank for Japan Electronic Materials's Pretax Margin % or its related term are showing as below:
TSE:6855'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.03 Med: 10.54 Max: 24.79
Current: 24.79
TSE:6855's Pretax Margin % is ranked better than 85.81% of 1022
companies
in the Semiconductors industry
Industry Median: 5.075
vs TSE:6855: 24.79
Japan Electronic Materials (TSE:6855) 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.
Japan Electronic Materials Pretax Margin % Related Terms
Japan Electronic Materials 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:6855 vs AMAT, LRCX, KLAC: Pretax Margin % Comparison
For the Semiconductor Equipment & Materials subindustry, Japan Electronic Materials'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.
Japan Electronic Materials Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Japan Electronic Materials's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Japan Electronic Materials'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.
Japan Electronic Materials (TSE:6855) has a Pretax Margin % of 28.24% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Japan Electronic Materials and its competitors. This is 168% above median its historical median of 10.54. Over the past decade, Japan Electronic Materials' Pretax Margin % has ranged from 1.03 to 24.79. According to the industry distribution chart, Japan Electronic Materials ranks #145 out of 1022 companies in the Semiconductors industry, placing it in the top 14.2%.
Is Japan Electronic Materials' Pretax Margin % too high?
Japan Electronic Materials' current Pretax Margin % of 28.24% is 168% above median its 10-year median of 10.54. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 24.79. The Semiconductors industry median Pretax Margin % is 5.08. Japan Electronic Materials' value of 28.24% is 456.5% above this industry median. Based on the distribution chart, Japan Electronic Materials ranks #145 out of 1022 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Electronic Materials has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Electronic Materials' Pretax Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Japan Electronic Materials ranks #145 out of 1022 companies for Pretax Margin %. This places Japan Electronic Materials in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.08. Japan Electronic Materials' value of 28.24% is 456.5% above this benchmark. Historically, Japan Electronic Materials' own Pretax Margin % has ranged from 1.03 to 24.79 over the past decade. While the company's 10-year median is 10.54 vs. the industry median of 5.08, Japan Electronic Materials 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.08, based on 1,022 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. Japan Electronic Materials's current Pretax Margin % of 28.24% is 456.5% 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 Japan Electronic Materials and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Electronic Materials's current Pretax Margin % is 28.24%, which is 168% above median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Electronic Materials stock overvalued right now?
Based on GuruFocus' analysis, Japan Electronic Materials (TSE:6855) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,404.82, compared to a current price of 円7,080.00 — trading 107.9% above its estimated fair value. The current Pretax Margin % is 28.24%, which is 168% above median its 10-year median of 10.54 and 456.5% above the Semiconductors industry median of 5.08. Japan Electronic Materials' overall GF Score™ is 78/100 with 2 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 Japan Electronic Materials (TSE:6855), the current Pretax Margin % is 28.24% 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 Japan Electronic Materials (TSE:6855) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Electronic Materials stock appears to be overvalued.
The current stock price of 円7,080.00 is trading 107.9% above its estimated GF Value™ of 円3,404.82.
GuruFocus considers Japan Electronic Materials to be Significantly Overvalued.
Key valuation signals for TSE:6855:
Pretax Margin %: 28.24% (168% above median its 10-year median of 10.54)
GF Value™: 円3,404.82 vs. price of 円7,080.00 (107.9% above fair value)
Industry Position: 456.5% above the Semiconductors median (#145 of 1022)
No single metric tells the full story. See the TSE:6855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Electronic Materials Corp is engaged in the development, manufacture, and sale of semiconductor testing components and electron tube components in Japan. Its product portfolio comprises heaters and cathodes for receiving tubes and CRTs, filaments for fluorescent display tubes, directly heated cathodes, and probe cards, among others. The group's business segments are Semiconductor inspection parts related business, which derives maximum revenue, and Electron tube parts related business.
78GF Score
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