Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Topcon's Pre-Tax Income for the
three
months ended in Sep. 2025 was 円-414 Mil. Topcon's Revenue for the
three
months ended in Sep. 2025 was 円52,142 Mil. Therefore, Topcon's pretax margin for the quarter that ended in Sep. 2025 was -0.79%.
The historical rank and industry rank for Topcon's Pretax Margin % or its related term are showing as below:
TSE:7732'
s Pretax Margin % Range Over the Past 10 Years
Min: -0.53 Med: 4.98 Max: 8.3
Current: -0.53
TSE:7732's Pretax Margin % is not ranked
in the Hardware industry.
Industry Median: 3.58
vs TSE:7732: -0.53
Topcon (TSE:7732) 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.
Topcon Pretax Margin % Related Terms
Topcon Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Topcon'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:7732 vs GRMN, KEYS, COHR: Pretax Margin % Comparison
For the Scientific & Technical Instruments subindustry, Topcon'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.
Topcon Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Topcon's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Topcon'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.
Topcon (TSE:7732) has a Pretax Margin % of -0.79% as of Sep. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Topcon and its competitors.
Is Topcon's Pretax Margin % too high?
Topcon's current Pretax Margin % is -0.79%. Overall, Topcon has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Topcon's Pretax Margin % compare to GRMN and KEYS?
Topcon's Pretax Margin % of -0.79% can be compared against companies in the Hardware industry. The industry median Pretax Margin % is 3.58. 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. 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 Topcon 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. Topcon's current Pretax Margin % is -0.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topcon stock overvalued right now?
Topcon (TSE:7732) has a current Pretax Margin % of -0.79%. The stock's GF Value™ is 円1,799.46, compared to a current price of 円3,280.00 — trading 82.3% above its estimated fair value. The current Pretax Margin % is -0.79%. Topcon's overall GF Score™ is 57/100 with 9 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 Topcon (TSE:7732), the current Pretax Margin % is -0.79% as of Sep. 2025. 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 Topcon (TSE:7732) Overvalued in 2026?
Based on GuruFocus' analysis, Topcon stock appears to be overvalued.
The current stock price of 円3,280.00 is trading 82.3% above its estimated GF Value™ of 円1,799.46.
Key valuation signals for TSE:7732:
Pretax Margin %: -0.79%
GF Value™: 円1,799.46 vs. price of 円3,280.00 (82.3% above fair value)
No single metric tells the full story. See the TSE:7732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topcon Corp sells ophthalmic instruments, medical equipment, machine control systems, and GPS-related products. Its operations are structured around three main areas: the Positioning Business, Eye Care Business, and Other. The Positioning division handles products such as total stations, 3D laser scanners, ICT automated construction systems, IT agricultural systems, GNSS receivers for surveying, laser equipment, and software for construction and civil engineering. The Eye Care division provides 3D fundus imaging devices, fundus cameras, auto and kerato refractors, slit lamps, tonometers, lens meters, ophthalmic laser systems, and related software for image management and electronic medical records.
57GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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