Forval RealStraight (TSE:9423) Pretax Margin %: 7.22% (As of Mar. 2026) — 52% Above Median

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TSE:9423 Forval RealStraight Inc TSE:9423
71 GF Score
Price 円104.00
GF Value 円156.23
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Forval RealStraight Pretax Margin %?

Forval RealStraight TSE:9423 71 Pretax Margin % is 7.22% as of Mar. 2026, which is 52% above its 10-year median of 4.76. GuruFocus rates TSE:9423 with a GF Score™ of 71/100 and a GF Value™ of 円156.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,754 Real Estate companies, Forval RealStraight ranks worse than 63.11% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Forval RealStraight's Pre-Tax Income for the six months ended in Mar. 2026 was 円169 Mil. Forval RealStraight's Revenue for the six months ended in Mar. 2026 was 円2,345 Mil. Therefore, Forval RealStraight's pretax margin for the quarter that ended in Mar. 2026 was 7.22%.

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

TSE:9423' s Pretax Margin % Range Over the Past 10 Years
Min: 3.25   Med: 4.76   Max: 8.95
Current: 4.95


TSE:9423's Pretax Margin % is ranked worse than
63.11% of 1754 companies
in the Real Estate industry
Industry Median: 12.465 vs TSE:9423: 4.95

Forval RealStraight  (TSE:9423) 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.


Forval RealStraight Pretax Margin % Related Terms


Forval RealStraight Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Forval RealStraight'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.

Forval RealStraight Pretax Margin % Chart

Forval RealStraight 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 3.25 5.55 5.87 4.35 4.95

Forval RealStraight 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 4.15 5.20 3.27 2.55 7.22

TSE:9423 vs CBRE, BEKE, JLL: Pretax Margin % Comparison

For the Real Estate Services subindustry, Forval RealStraight'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.


Forval RealStraight Pretax Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forval RealStraight's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Forval RealStraight's Pretax Margin % falls into.


TSE:9423
71GF Score
Forval RealStraight Inc TSE:9423
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval RealStraight 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.

Forval RealStraight'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 )
=226.049/4563.715
=4.95 %

Forval RealStraight'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 )
=169.4/2345.373
=7.22 %

* 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 7.22% mean?
Forval RealStraight (TSE:9423) has a Pretax Margin % of 7.22% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Forval RealStraight and its competitors. This is 52% above median its historical median of 4.76. Over the past decade, Forval RealStraight's Pretax Margin % has ranged from 3.25 to 8.95. According to the industry distribution chart, Forval RealStraight ranks #1107 out of 1754 companies in the Real Estate industry, placing it in the top 63.1%.
Is Forval RealStraight's Pretax Margin % too high?
Forval RealStraight's current Pretax Margin % of 7.22% is 52% above median its 10-year median of 4.76. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 8.95. The Real Estate industry median Pretax Margin % is 12.47. Forval RealStraight's value of 7.22% is 42.1% below this industry median. Based on the distribution chart, Forval RealStraight ranks #1107 out of 1754 companies in the Real Estate industry, which is below the industry midpoint. Overall, Forval RealStraight has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #1107 out of 1754 companies for Pretax Margin %. This places Forval RealStraight in the lower half of its industry. The industry median Pretax Margin % is 12.47. Forval RealStraight's value of 7.22% is 42.1% below this benchmark. Historically, Forval RealStraight's own Pretax Margin % has ranged from 3.25 to 8.95 over the past decade. While the company's 10-year median is 4.76 vs. the industry median of 12.47, Forval RealStraight has consistently been below 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.47, based on 1,754 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. Forval RealStraight's current Pretax Margin % of 7.22% is 42.1% below 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 Forval RealStraight and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current Pretax Margin % is 7.22%, which is 52% above median its own 10-year median of 4.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円156.23, compared to a current price of 円104.00 — trading 33.4% below its estimated fair value. The current Pretax Margin % is 7.22%, which is 52% above median its 10-year median of 4.76 and 42.1% below the Real Estate industry median of 12.47. Forval RealStraight's overall GF Score™ is 71/100 with 3 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 Forval RealStraight (TSE:9423), the current Pretax Margin % is 7.22% 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 Forval RealStraight (TSE:9423) Overvalued in 2026?

Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued. The current stock price of 円104.00 is trading 33.4% below its estimated GF Value™ of 円156.23. GuruFocus considers Forval RealStraight to be Significantly Undervalued.

Key valuation signals for TSE:9423:

  • Pretax Margin %: 7.22% (52% above median its 10-year median of 4.76)
  • GF Value™: 円156.23 vs. price of 円104.00 (33.4% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 42.1% below the Real Estate median (#1107 of 1754)

No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval RealStraight Business Description

Address 3-23-2 Kanda Jinbocho, Kinmei Building 4th Floor, Chiyoda-ku, Tokyo, JPN, 101-0051
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
71GF Score

Get the complete analysis for TSE:9423

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

円104.00
Price
円156.23
GF Value