Okasan Securities GroupTSE:8609 +1.12%58 Pretax Margin % is 38.83% as of Mar. 2026, which is 151% above its 10-year median of 15.47. GuruFocus rates TSE:8609 with a GF Score™ of 58/100 and a GF Value™ of 円894.14 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 776 Capital Markets companies, Okasan Securities Group ranks better than 57.22% on this metric.
The historical rank and industry rank for Okasan Securities Group's Pretax Margin % or its related term are showing as below:
TSE:8609'
s Pretax Margin % Range Over the Past 10 Years
Min: 4.28 Med: 15.47 Max: 27.78
Current: 27.78
TSE:8609's Pretax Margin % is ranked better than 57.22% of 776
companies
in the Capital Markets industry
Industry Median: 20.435
vs TSE:8609: 27.78
Okasan Securities Group (TSE:8609) 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.
Okasan Securities Group Pretax Margin % Related Terms
Okasan Securities Group 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:8609 vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, Okasan Securities Group'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.
Okasan Securities Group Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Okasan Securities Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Okasan Securities Group'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.
Okasan Securities Group (TSE:8609) has a Pretax Margin % of 38.83% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Okasan Securities Group and its competitors. This is 151% above median its historical median of 15.47. Over the past decade, Okasan Securities Group's Pretax Margin % has ranged from 4.28 to 27.78. According to the industry distribution chart, Okasan Securities Group ranks #332 out of 776 companies in the Capital Markets industry, placing it in the top 42.8%.
Is Okasan Securities Group's Pretax Margin % too high?
Okasan Securities Group's current Pretax Margin % of 38.83% is 151% above median its 10-year median of 15.47. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 27.78. The Capital Markets industry median Pretax Margin % is 20.44. Okasan Securities Group's value of 38.83% is 90% above this industry median. Based on the distribution chart, Okasan Securities Group ranks #332 out of 776 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Okasan Securities Group has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okasan Securities Group's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Okasan Securities Group ranks #332 out of 776 companies for Pretax Margin %. This puts Okasan Securities Group in the upper half of its industry. The industry median Pretax Margin % is 20.44. Okasan Securities Group's value of 38.83% is 90% above this benchmark. Historically, Okasan Securities Group's own Pretax Margin % has ranged from 4.28 to 27.78 over the past decade. While the company's 10-year median is 15.47 vs. the industry median of 20.44, Okasan Securities Group 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.44, based on 776 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. Okasan Securities Group's current Pretax Margin % of 38.83% is 90% 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 Okasan Securities Group and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okasan Securities Group's current Pretax Margin % is 38.83%, which is 151% above median its own 10-year median of 15.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okasan Securities Group stock overvalued right now?
Based on GuruFocus' analysis, Okasan Securities Group (TSE:8609) is currently considered Modestly Overvalued. The stock's GF Value™ is 円894.14, compared to a current price of 円997.00 — trading 11.5% above its estimated fair value. The current Pretax Margin % is 38.83%, which is 151% above median its 10-year median of 15.47 and 90% above the Capital Markets industry median of 20.44. Okasan Securities Group's overall GF Score™ is 58/100 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 Okasan Securities Group (TSE:8609), the current Pretax Margin % is 38.83% 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 Okasan Securities Group (TSE:8609) Overvalued in 2026?
Based on GuruFocus' analysis, Okasan Securities Group stock appears to be overvalued.
The current stock price of 円997.00 is trading 11.5% above its estimated GF Value™ of 円894.14.
GuruFocus considers Okasan Securities Group to be Modestly Overvalued.
Key valuation signals for TSE:8609:
Pretax Margin %: 38.83% (151% above median its 10-year median of 15.47)
GF Value™: 円894.14 vs. price of 円997.00 (11.5% above fair value)
Industry Position: 90% above the Capital Markets median (#332 of 776)
No single metric tells the full story. See the TSE:8609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okasan Securities Group Inc is a Japan-based holding company that conducts businesses through a network of domestic and overseas subsidiaries. The company has three business segments. The securities business, which accounts for the majority of sales, is involved in trading, brokerage, underwriting, and distribution of securities, public offering, secondary distribution of securities, and private offering of securities. The asset-management business is involved in investment management and investment advisory. The support business is engaged in information processing services, administrative support services, custodianship, and temping services. The company generates the majority of revenue from Japan.
58GF Score
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