Marusan Securities Co (TSE:8613) Pretax Margin %: 31.93% (As of Mar. 2026) — 60% Above Median

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TSE:8613 Marusan Securities Co Ltd TSE:8613
82 GF Score
Price 円1,119.00
GF Value 円1,157.46
Valuation Fairly Valued
! 4 Warning Signs
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What is Marusan Securities Co Pretax Margin %?

Marusan Securities Co TSE:8613 82 Pretax Margin % is 31.93% as of Mar. 2026, which is 60% above its 10-year median of 19.97. GuruFocus rates TSE:8613 with a GF Score™ of 82/100 and a GF Value™ of 円1,157.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 776 Capital Markets companies, Marusan Securities Co ranks better than 62.37% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Marusan Securities Co's Pre-Tax Income for the three months ended in Mar. 2026 was 円1,970 Mil. Marusan Securities Co's Revenue for the three months ended in Mar. 2026 was 円6,170 Mil. Therefore, Marusan Securities Co's pretax margin for the quarter that ended in Mar. 2026 was 31.93%.

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

TSE:8613' s Pretax Margin % Range Over the Past 10 Years
Min: 5.11   Med: 19.97   Max: 32.2
Current: 32.2


TSE:8613's Pretax Margin % is ranked better than
62.37% of 776 companies
in the Capital Markets industry
Industry Median: 20.695 vs TSE:8613: 32.20

Marusan Securities Co  (TSE:8613) 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.


Marusan Securities Co Pretax Margin % Related Terms


Marusan Securities Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Marusan Securities 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.

Marusan Securities Co Pretax Margin % Chart

Marusan Securities 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 21.39 7.56 22.46 32.09 32.20

Marusan Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 60.83 39.02 25.72 33.15 31.93

TSE:8613 vs MS, GS, SCHW: Pretax Margin % Comparison

For the Capital Markets subindustry, Marusan Securities 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.


Marusan Securities Co Pretax Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marusan Securities Co's Pretax Margin % distribution charts can be found below:

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


TSE:8613
82GF Score
Marusan Securities Co Ltd TSE:8613
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marusan Securities 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.

Marusan Securities 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 )
=6994/21723
=32.20 %

Marusan Securities 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 )
=1970/6170
=31.93 %

* 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 31.93% mean?
Marusan Securities Co (TSE:8613) has a Pretax Margin % of 31.93% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Marusan Securities Co and its competitors. This is 60% above median its historical median of 19.97. Over the past decade, Marusan Securities Co's Pretax Margin % has ranged from 5.11 to 32.20. According to the industry distribution chart, Marusan Securities Co ranks #292 out of 776 companies in the Capital Markets industry, placing it in the top 37.6%.
Is Marusan Securities Co's Pretax Margin % too high?
Marusan Securities Co's current Pretax Margin % of 31.93% is 60% above median its 10-year median of 19.97. Over the past 10 years, this metric has ranged from a low of 5.11 to a high of 32.20. The Capital Markets industry median Pretax Margin % is 20.70. Marusan Securities Co's value of 31.93% is 54.3% above this industry median. Based on the distribution chart, Marusan Securities Co ranks #292 out of 776 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Marusan Securities Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marusan Securities Co's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Marusan Securities Co ranks #292 out of 776 companies for Pretax Margin %. This puts Marusan Securities Co in the upper half of its industry. The industry median Pretax Margin % is 20.70. Marusan Securities Co's value of 31.93% is 54.3% above this benchmark. Historically, Marusan Securities Co's own Pretax Margin % has ranged from 5.11 to 32.20 over the past decade. While the company's 10-year median is 19.97 vs. the industry median of 20.70, Marusan Securities 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 a Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.70, 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. Marusan Securities Co's current Pretax Margin % of 31.93% is 54.3% 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 Marusan Securities Co and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marusan Securities Co's current Pretax Margin % is 31.93%, which is 60% above median its own 10-year median of 19.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marusan Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Marusan Securities Co (TSE:8613) is currently considered Fairly Valued. The stock's GF Value™ is 円1,157.46, compared to a current price of 円1,119.00 — trading 3.3% below its estimated fair value. The current Pretax Margin % is 31.93%, which is 60% above median its 10-year median of 19.97 and 54.3% above the Capital Markets industry median of 20.70. Marusan Securities Co's overall GF Score™ is 82/100 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 Marusan Securities Co (TSE:8613), the current Pretax Margin % is 31.93% 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 Marusan Securities Co (TSE:8613) Overvalued in 2026?

Based on GuruFocus' analysis, Marusan Securities Co stock appears to be undervalued. The current stock price of 円1,119.00 is trading 3.3% below its estimated GF Value™ of 円1,157.46. GuruFocus considers Marusan Securities Co to be Fairly Valued.

Key valuation signals for TSE:8613:

  • Pretax Margin %: 31.93% (60% above median its 10-year median of 19.97)
  • GF Value™: 円1,157.46 vs. price of 円1,119.00 (3.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 54.3% above the Capital Markets median (#292 of 776)

No single metric tells the full story. See the TSE:8613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marusan Securities Co Business Description

Other Exchanges 9KC:Germany
Address 3-6 Kojimachi, Chiyoda-ku, Tokyo, JPN
Marusan Securities Co Ltd trades financial securities and derivatives. The company is headquartered in Japan and generates all revenue domestically. Securities services offered by the company include mediation of buying and selling securities, brokerage, trading, exchange-market activities, underwriting, private placement, agency of bond payments, and investment trust services. The company also provides banking services such as loans on collateral, buying and selling yen-denominated bank acceptances, buying and selling gold bullion, safety deposits, business loans, and insurance including property, casualty, and life.
82GF Score

Get the complete analysis for TSE:8613

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

円1,119.00
Price
円1,157.46
GF Value