Allbanc Split II (TSX:ALB.PR.C.PFD) Pretax Margin %: 118.59% (As of Aug. 2020)


What is Allbanc Split II Pretax Margin %?

Allbanc Split II TSX:ALB.PR.C.PFD Pretax Margin % is 118.59% as of Aug. 2020.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Allbanc Split II's Pre-Tax Income for the six months ended in Aug. 2020 was C$-1.30 Mil. Allbanc Split II's Revenue for the six months ended in Aug. 2020 was C$-1.09 Mil. Therefore, Allbanc Split II's pretax margin for the quarter that ended in Aug. 2020 was 118.59%.

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


TSX:ALB.PR.C.PFD's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 89.475
* Ranked among companies with meaningful Pretax Margin % only.

Allbanc Split II  (TSX:ALB.PR.C.PFD) 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.

Allbanc Split II Pretax Margin % Related Terms

Allbanc Split II Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Allbanc Split II'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.

Allbanc Split II Pretax Margin % Chart

Allbanc Split II Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 97.38 86.51 70.57 184.81

Allbanc Split II Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20
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 91.04 125.69 119.39 61.62 118.59

Allbanc Split II Pretax Margin % Competitor Comparison

For the Asset Management subindustry, Allbanc Split II'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.

Allbanc Split II Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Allbanc Split II's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Allbanc Split II's Pretax Margin % falls into.


Allbanc Split II 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.

Allbanc Split II's Pretax Margin for the fiscal year that ended in Feb. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Feb. 2020 )/Revenue (A: Feb. 2020 )
=-1.022/-0.553
=184.81 %

Allbanc Split II's Pretax Margin for the quarter that ended in Aug. 2020 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2020 )/Revenue (Q: Aug. 2020 )
=-1.295/-1.092
=118.59 %

* 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 118.59% mean?
Allbanc Split II (TSX:ALB.PR.C.PFD) has a Pretax Margin % of 118.59% as of Aug. 2020. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Allbanc Split II and its competitors.
Is Allbanc Split II's Pretax Margin % too high?
Allbanc Split II's current Pretax Margin % is 118.59%. The Asset Management industry median Pretax Margin % is 89.48. Allbanc Split II's value of 118.59% is 32.5% above this industry median.
How does Allbanc Split II's Pretax Margin % compare to competitors?
Allbanc Split II's Pretax Margin % of 118.59% can be compared against companies in the Asset Management industry. The industry median Pretax Margin % is 89.48. Allbanc Split II's value of 118.59% is 32.5% above this benchmark. 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,580 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. Allbanc Split II's current Pretax Margin % of 118.59% is 32.5% 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 Allbanc Split II and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allbanc Split II's current Pretax Margin % is 118.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allbanc Split II stock overvalued right now?
Allbanc Split II (TSX:ALB.PR.C.PFD) has a current Pretax Margin % of 118.59%. The current Pretax Margin % is 118.59% and 32.5% above the Asset Management industry median of 89.48. 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 Allbanc Split II (TSX:ALB.PR.C.PFD), the current Pretax Margin % is 118.59% as of Aug. 2020. 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.

Allbanc Split II Business Description

Address 150 King Street West, 18th Floor, Toronto, ON, CAN, M5H 1J9
Allbanc Split Corp II is a Canada based company. It holds a portfolio of common shares of Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, The Bank of Nova Scotia, Royal Bank of Canada, and Toronto-Dominion Bank. The objective of the company is to invest in portfolio shares and not engage in trading.