Leader ElectronicsTSE:6867 +0.94%61 Pretax Margin % is 7.70% as of Mar. 2026, which is 98% above its 10-year median of 3.88. GuruFocus rates TSE:6867 with a GF Score™ of 61/100 and a GF Value™ of 円510.28 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,475 Hardware companies, Leader Electronics ranks better than 52.16% 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.
Leader Electronics Pretax Margin % Related Terms
Leader Electronics Pretax Margin % Historical Data
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The historical data trend for Leader Electronics'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:6867 vs COHR, KEYS, GRMN: Pretax Margin % Comparison
For the Scientific & Technical Instruments subindustry, Leader Electronics'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.
Leader Electronics Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Leader Electronics's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Leader Electronics'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.
Leader Electronics (TSE:6867) has a Pretax Margin % of 7.70% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Leader Electronics and its competitors. This is 98% above median its historical median of 3.88. According to the industry distribution chart, Leader Electronics ranks #1184 out of 2475 companies in the Hardware industry, placing it in the top 47.8%.
Is Leader Electronics' Pretax Margin % too high?
Leader Electronics' current Pretax Margin % of 7.70% is 98% above median its 10-year median of 3.88. The Hardware industry median Pretax Margin % is 3.58. Leader Electronics' value of 7.70% is 115.1% above this industry median. Based on the distribution chart, Leader Electronics ranks #1184 out of 2475 companies in the Hardware industry, which is above the industry midpoint. Overall, Leader Electronics has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leader Electronics' Pretax Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Leader Electronics ranks #1184 out of 2475 companies for Pretax Margin %. This puts Leader Electronics in the upper half of its industry. The industry median Pretax Margin % is 3.58. Leader Electronics' value of 7.70% is 115.1% above this benchmark. While the company's 10-year median is 3.88 vs. the industry median of 3.58, Leader Electronics 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,475 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. Leader Electronics's current Pretax Margin % of 7.70% is 115.1% 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 Leader Electronics and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leader Electronics's current Pretax Margin % is 7.70%, which is 98% above median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Electronics stock overvalued right now?
Based on GuruFocus' analysis, Leader Electronics (TSE:6867) is currently considered Modestly Undervalued. The stock's GF Value™ is 円510.28, compared to a current price of 円431.00 — trading 15.5% below its estimated fair value. The current Pretax Margin % is 7.70%, which is 98% above median its 10-year median of 3.88 and 115.1% above the Hardware industry median of 3.58. Leader Electronics' overall GF Score™ is 61/100 with 5 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 Leader Electronics (TSE:6867), the current Pretax Margin % is 7.70% 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 Leader Electronics (TSE:6867) Overvalued in 2026?
Based on GuruFocus' analysis, Leader Electronics stock appears to be undervalued.
The current stock price of 円431.00 is trading 15.5% below its estimated GF Value™ of 円510.28.
GuruFocus considers Leader Electronics to be Modestly Undervalued.
Key valuation signals for TSE:6867:
Pretax Margin %: 7.70% (98% above median its 10-year median of 3.88)
GF Value™: 円510.28 vs. price of 円431.00 (15.5% below fair value)
Industry Position: 115.1% above the Hardware median (#1184 of 2475)
No single metric tells the full story. See the TSE:6867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leader Electronics Corp is engaged in the research, development, manufacturing, and sales of electronic measuring instruments, including those for broadcasting stations, manufacturers of professional video-related equipment, and signal monitoring during live broadcasts of sporting events.
61GF Score
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