Watt Mann Co (TSE:9927) Pretax Margin %: 7.34% (As of Mar. 2026) — 13% Above Median

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TSE:9927 Watt Mann Co Ltd TSE:9927
67 GF Score
Price 円963.00
GF Value 円867.15
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Watt Mann Co Pretax Margin %?

Watt Mann Co TSE:9927 67 Pretax Margin % is 7.34% as of Mar. 2026, which is 13% above its 10-year median of 6.47. GuruFocus rates TSE:9927 with a GF Score™ of 67/100 and a GF Value™ of 円867.15 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,125 Retail - Cyclical companies, Watt Mann Co ranks better than 68.27% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Watt Mann Co's Pre-Tax Income for the six months ended in Mar. 2026 was 円326 Mil. Watt Mann Co's Revenue for the six months ended in Mar. 2026 was 円4,446 Mil. Therefore, Watt Mann Co's pretax margin for the quarter that ended in Mar. 2026 was 7.34%.

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

TSE:9927' s Pretax Margin % Range Over the Past 10 Years
Min: -2.22   Med: 6.47   Max: 8.72
Current: 6.68


TSE:9927's Pretax Margin % is ranked better than
68.27% of 1125 companies
in the Retail - Cyclical industry
Industry Median: 3.13 vs TSE:9927: 6.68

Watt Mann Co  (TSE:9927) 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.


Watt Mann Co Pretax Margin % Related Terms


Watt Mann Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Watt Mann 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.

Watt Mann Co Pretax Margin % Chart

Watt Mann 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 5.00 7.10 8.72 6.44 6.68

Watt Mann 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 9.91 7.51 5.44 5.98 7.34

TSE:9927 vs CASY, WSM, DKS: Pretax Margin % Comparison

For the Specialty Retail subindustry, Watt Mann 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.


Watt Mann Co Pretax Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Watt Mann Co's Pretax Margin % distribution charts can be found below:

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


TSE:9927
67GF Score
Watt Mann Co Ltd TSE:9927
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Watt Mann 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.

Watt Mann 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 )
=580.339/8690.606
=6.68 %

Watt Mann 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 )
=326.326/4446.015
=7.34 %

* 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 7.34% mean?
Watt Mann Co (TSE:9927) has a Pretax Margin % of 7.34% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Watt Mann Co and its competitors. This is 13% above median its historical median of 6.47. According to the industry distribution chart, Watt Mann Co ranks #357 out of 1125 companies in the Retail - Cyclical industry, placing it in the top 31.7%.
Is Watt Mann Co's Pretax Margin % too high?
Watt Mann Co's current Pretax Margin % of 7.34% is 13% above median its 10-year median of 6.47. The Retail - Cyclical industry median Pretax Margin % is 3.13. Watt Mann Co's value of 7.34% is 134.5% above this industry median. Based on the distribution chart, Watt Mann Co ranks #357 out of 1125 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Watt Mann Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Watt Mann Co's Pretax Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Watt Mann Co ranks #357 out of 1125 companies for Pretax Margin %. This puts Watt Mann Co in the upper half of its industry. The industry median Pretax Margin % is 3.13. Watt Mann Co's value of 7.34% is 134.5% above this benchmark. While the company's 10-year median is 6.47 vs. the industry median of 3.13, Watt Mann 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 Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.13, based on 1,125 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. Watt Mann Co's current Pretax Margin % of 7.34% is 134.5% 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 Watt Mann Co and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watt Mann Co's current Pretax Margin % is 7.34%, which is 13% above median its own 10-year median of 6.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watt Mann Co stock overvalued right now?
Based on GuruFocus' analysis, Watt Mann Co (TSE:9927) is currently considered Modestly Overvalued. The stock's GF Value™ is 円867.15, compared to a current price of 円963.00 — trading 11.1% above its estimated fair value. The current Pretax Margin % is 7.34%, which is 13% above median its 10-year median of 6.47 and 134.5% above the Retail - Cyclical industry median of 3.13. Watt Mann Co's overall GF Score™ is 67/100 with 5 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 Watt Mann Co (TSE:9927), the current Pretax Margin % is 7.34% 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 Watt Mann Co (TSE:9927) Overvalued in 2026?

Based on GuruFocus' analysis, Watt Mann Co stock appears to be overvalued. The current stock price of 円963.00 is trading 11.1% above its estimated GF Value™ of 円867.15. GuruFocus considers Watt Mann Co to be Modestly Overvalued.

Key valuation signals for TSE:9927:

  • Pretax Margin %: 7.34% (13% above median its 10-year median of 6.47)
  • GF Value™: 円867.15 vs. price of 円963.00 (11.1% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 134.5% above the Retail - Cyclical median (#357 of 1125)

No single metric tells the full story. See the TSE:9927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Watt Mann Co Business Description

Address 1-27-13, Honcho Tsurugamine, Asahi ku, Kanagawa Prefecture, Yokohama, JPN, 241 0021
Watt Mann Co Ltd is a Japanese company engaged in operating a chain of retail stores offering second-hand products. It is engaged in the sale and purchase of brand products and accessories, furniture, interior products, clothing, sports products CDs, DVDs, videos and game software, among others. The company deals in three product categories, including clothing, consumer electronics and books.
67GF Score

Get the complete analysis for TSE:9927

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

円963.00
Price
円867.15
GF Value