Pulstec Industrial Co (TSE:6894) Pretax Margin %: 19.57% (As of Mar. 2026) — 31% Above Median


TSE:6894 Pulstec Industrial Co Ltd TSE:6894
74 GF Score
Price 円2,175.00
GF Value 円1,760.61
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Pulstec Industrial Co Pretax Margin %?

Pulstec Industrial Co TSE:6894 +1.83% 74 Pretax Margin % is 19.57% as of Mar. 2026, which is 31% above its 10-year median of 14.97. GuruFocus rates TSE:6894 with a GF Score™ of 74/100 and a GF Value™ of 円1,760.61 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,032 Industrial Products companies, Pulstec Industrial Co ranks better than 83.25% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Pulstec Industrial Co's Pre-Tax Income for the six months ended in Mar. 2026 was 円296 Mil. Pulstec Industrial Co's Revenue for the six months ended in Mar. 2026 was 円1,512 Mil. Therefore, Pulstec Industrial Co's pretax margin for the quarter that ended in Mar. 2026 was 19.57%.

The historical rank and industry rank for Pulstec Industrial Co's Pretax Margin % or its related term are showing as below:

TSE:6894' s Pretax Margin % Range Over the Past 10 Years
Min: 9.2   Med: 14.97   Max: 19.62
Current: 15.51


TSE:6894's Pretax Margin % is ranked better than
83.25% of 3032 companies
in the Industrial Products industry
Industry Median: 5.805 vs TSE:6894: 15.51

Pulstec Industrial Co  (TSE:6894) 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.


Pulstec Industrial Co Pretax Margin % Related Terms


Pulstec Industrial Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Pulstec Industrial Co'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.

Pulstec Industrial Co Pretax Margin % Chart

Pulstec Industrial Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.42 13.56 16.31 13.65 15.51

Pulstec Industrial Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.38 4.05 19.81 9.62 19.57

TSE:6894 vs VRT, BE: Pretax Margin % Comparison

For the Electrical Equipment & Parts subindustry, Pulstec Industrial 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.


Pulstec Industrial Co Pretax Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pulstec Industrial Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Pulstec Industrial Co's Pretax Margin % falls into.


TSE:6894
74GF Score
Pulstec Industrial Co Ltd TSE:6894
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pulstec Industrial Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Pulstec Industrial Co's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=396.005/2553.15
=15.51 %

Pulstec Industrial Co's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=295.888/1512.123
=19.57 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 19.57% mean?
Pulstec Industrial Co (TSE:6894) has a Pretax Margin % of 19.57% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Pulstec Industrial Co and its competitors. This is 31% above median its historical median of 14.97. Over the past decade, Pulstec Industrial Co's Pretax Margin % has ranged from 9.20 to 19.62. According to the industry distribution chart, Pulstec Industrial Co ranks #508 out of 3032 companies in the Industrial Products industry, placing it in the top 16.8%.
Is Pulstec Industrial Co's Pretax Margin % too high?
Pulstec Industrial Co's current Pretax Margin % of 19.57% is 31% above median its 10-year median of 14.97. Over the past 10 years, this metric has ranged from a low of 9.20 to a high of 19.62. The Industrial Products industry median Pretax Margin % is 5.81. Pulstec Industrial Co's value of 19.57% is 237.1% above this industry median. Based on the distribution chart, Pulstec Industrial Co ranks #508 out of 3032 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pulstec Industrial Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pulstec Industrial Co's Pretax Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Pulstec Industrial Co ranks #508 out of 3032 companies for Pretax Margin %. This places Pulstec Industrial Co in the top 17% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.81. Pulstec Industrial Co's value of 19.57% is 237.1% above this benchmark. Historically, Pulstec Industrial Co's own Pretax Margin % has ranged from 9.20 to 19.62 over the past decade. While the company's 10-year median is 14.97 vs. the industry median of 5.81, Pulstec Industrial 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 an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.81, based on 3,032 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. Pulstec Industrial Co's current Pretax Margin % of 19.57% is 237.1% 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 Pulstec Industrial Co and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pulstec Industrial Co's current Pretax Margin % is 19.57%, which is 31% above median its own 10-year median of 14.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulstec Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Pulstec Industrial Co (TSE:6894) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,760.61, compared to a current price of 円2,175.00 — trading 23.5% above its estimated fair value. The current Pretax Margin % is 19.57%, which is 31% above median its 10-year median of 14.97 and 237.1% above the Industrial Products industry median of 5.81. Pulstec Industrial Co's overall GF Score™ is 74/100 with 4 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 Pulstec Industrial Co (TSE:6894), the current Pretax Margin % is 19.57% 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 Pulstec Industrial Co (TSE:6894) Overvalued in 2026?

Based on GuruFocus' analysis, Pulstec Industrial Co stock appears to be overvalued. The current stock price of 円2,175.00 is trading 23.5% above its estimated GF Value™ of 円1,760.61. GuruFocus considers Pulstec Industrial Co to be Modestly Overvalued.

Key valuation signals for TSE:6894:

  • Pretax Margin %: 19.57% (31% above median its 10-year median of 14.97)
  • GF Value™: 円1,760.61 vs. price of 円2,175.00 (23.5% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 237.1% above the Industrial Products median (#508 of 3032)

No single metric tells the full story. See the TSE:6894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pulstec Industrial Co Business Description

Address 35, 7000 Nakagawa, Hosoe-cho, Hamana-ku, Shizuoka, Hamamatsu, JPN, 431-1304
Pulstec Industrial Co Ltd is a Japan-based company engaged in the manufacture and sale of electronic applied equipment and systems. Its products include X-ray application, optical application, optical disc, and scanner series. The company is also engaged in engaged in the manufacture and sale of portable X-ray residual stress measuring devices, healthcare, manufacturing of medical equipment, 3D scanners, various measurement, control and data processing devices, and other electronic application devices and equipment.
74GF Score

Get the complete analysis for TSE:6894

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,175.00
Price
円1,760.61
GF Value