Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Canlan Ice SportsTSX:ICE 72 Pretax Margin % is 20.85% as of Mar. 2026, which is 455% above its 10-year median of 3.76. GuruFocus rates TSX:ICE with a GF Score™ of 72/100 and a GF Value™ of C$4.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 844 Travel & Leisure companies, Canlan Ice Sports ranks worse than 52.25% on this metric.
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.
Canlan Ice Sports Pretax Margin % Related Terms
Canlan Ice Sports Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Canlan Ice Sports'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.
TSX:ICE vs AS, HAS, LTH: Pretax Margin % Comparison
For the Leisure subindustry, Canlan Ice Sports'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.
Canlan Ice Sports Pretax Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Canlan Ice Sports'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.
Canlan Ice Sports (TSX:ICE) has a Pretax Margin % of 20.85% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Canlan Ice Sports and its competitors. This is 455% above median its historical median of 3.76. According to the industry distribution chart, Canlan Ice Sports ranks #441 out of 844 companies in the Travel & Leisure industry, placing it in the top 52.3%.
Is Canlan Ice Sports' Pretax Margin % too high?
Canlan Ice Sports' current Pretax Margin % of 20.85% is 455% above median its 10-year median of 3.76. The Travel & Leisure industry median Pretax Margin % is 6.04. Canlan Ice Sports' value of 20.85% is 245.2% above this industry median. Based on the distribution chart, Canlan Ice Sports ranks #441 out of 844 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Canlan Ice Sports has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canlan Ice Sports' Pretax Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Canlan Ice Sports ranks #441 out of 844 companies for Pretax Margin %. This places Canlan Ice Sports in the lower half of its industry. The industry median Pretax Margin % is 6.04. Canlan Ice Sports' value of 20.85% is 245.2% above this benchmark. While the company's 10-year median is 3.76 vs. the industry median of 6.04, Canlan Ice Sports 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 Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.04, based on 844 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. Canlan Ice Sports's current Pretax Margin % of 20.85% is 245.2% 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 Canlan Ice Sports and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canlan Ice Sports's current Pretax Margin % is 20.85%, which is 455% above median its own 10-year median of 3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canlan Ice Sports stock overvalued right now?
Based on GuruFocus' analysis, Canlan Ice Sports (TSX:ICE) is currently considered Fairly Valued. The stock's GF Value™ is C$4.59, compared to a current price of C$4.36 — trading 5% below its estimated fair value. The current Pretax Margin % is 20.85%, which is 455% above median its 10-year median of 3.76 and 245.2% above the Travel & Leisure industry median of 6.04. Canlan Ice Sports' overall GF Score™ is 72/100 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 Canlan Ice Sports (TSX:ICE), the current Pretax Margin % is 20.85% 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 Canlan Ice Sports (TSX:ICE) Overvalued in 2026?
Based on GuruFocus' analysis, Canlan Ice Sports stock appears to be undervalued.
The current stock price of C$4.36 is trading 5% below its estimated GF Value™ of C$4.59.
GuruFocus considers Canlan Ice Sports to be Fairly Valued.
Key valuation signals for TSX:ICE:
Pretax Margin %: 20.85% (455% above median its 10-year median of 3.76)
GF Value™: C$4.59 vs. price of C$4.36 (5% below fair value)
Industry Position: 245.2% above the Travel & Leisure median (#441 of 844)
No single metric tells the full story. See the TSX:ICE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment, which is an Ice rink and recreational facilities, that derives revenue from food and beverage, sports stores, sponsorship, Others, space rental, management, and consulting fees. Geographically, it generates the majority of its revenue from Canada.
72GF Score
Get the complete analysis for TSX:ICE
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:ICE has been successfully added to your 
