Findev (TSXV:FDI) Pretax Margin %: 28.18% (As of Mar. 2026) — 67% Below Median

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TSXV:FDI Findev Inc TSXV:FDI
56 GF Score
Price C$0.35
GF Value C$0.32
Valuation Fairly Valued
! 2 Warning Signs
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What is Findev Pretax Margin %?

Findev TSXV:FDI -1.41% 56 Pretax Margin % is 28.18% as of Mar. 2026, which is 67% below its 10-year median of 85.46. GuruFocus rates TSXV:FDI with a GF Score™ of 56/100 and a GF Value™ of C$0.32 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,530 Banks companies, Findev ranks worse than 99.93% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Findev's Pre-Tax Income for the three months ended in Mar. 2026 was C$0.19 Mil. Findev's Revenue for the three months ended in Mar. 2026 was C$0.69 Mil. Therefore, Findev's pretax margin for the quarter that ended in Mar. 2026 was 28.18%.

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

TSXV:FDI' s Pretax Margin % Range Over the Past 10 Years
Min: -279.4   Med: 85.46   Max: 89.67
Current: -232.88


TSXV:FDI's Pretax Margin % is ranked worse than
99.93% of 1530 companies
in the Banks industry
Industry Median: 34.655 vs TSXV:FDI: -232.88

Findev  (TSXV:FDI) 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.


Findev Pretax Margin % Related Terms


Findev Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Findev'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.

Findev Pretax Margin % Chart

Findev Annual Data
Trend May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.67 73.63 86.88 86.62 -279.40

Findev 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 -261.68 104.43 77.57 -145.23 28.18

TSXV:FDI vs RKT, FNMA, PFSI: Pretax Margin % Comparison

For the Mortgage Finance subindustry, Findev'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.


Findev Pretax Margin % vs Banks Industry

For the Banks industry and Financial Services sector, Findev's Pretax Margin % distribution charts can be found below:

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


TSXV:FDI
56GF Score
Findev Inc TSXV:FDI
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Findev 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.

Findev's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-6.01/2.151
=-279.40 %

Findev'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 )
=0.193/0.685
=28.18 %

* 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 28.18% mean?
Findev (TSXV:FDI) has a Pretax Margin % of 28.18% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Findev and its competitors. This is 67% below median its historical median of 85.46. According to the industry distribution chart, Findev ranks #1529 out of 1530 companies in the Banks industry, placing it in the top 99.9%.
Is Findev's Pretax Margin % too high?
Findev's current Pretax Margin % of 28.18% is 67% below median its 10-year median of 85.46. The Banks industry median Pretax Margin % is 34.66. Findev's value of 28.18% is 18.7% below this industry median. Based on the distribution chart, Findev ranks #1529 out of 1530 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Findev has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Findev's Pretax Margin % compare to RKT and FNMA?
According to the Banks industry distribution chart, Findev ranks #1529 out of 1530 companies for Pretax Margin %. This places Findev in the lower half of its industry. The industry median Pretax Margin % is 34.66. Findev's value of 28.18% is 18.7% below this benchmark. While the company's 10-year median is 85.46 vs. the industry median of 34.66, Findev 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 Banks company?
The median Pretax Margin % among Banks companies is 34.66, based on 1,530 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. Findev's current Pretax Margin % of 28.18% is 18.7% 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 Findev and its competitors. For the Banks industry, the median Pretax Margin % is 34.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Findev's current Pretax Margin % is 28.18%, which is 67% below median its own 10-year median of 85.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Findev stock overvalued right now?
Based on GuruFocus' analysis, Findev (TSXV:FDI) is currently considered Fairly Valued. The stock's GF Value™ is C$0.32, compared to a current price of C$0.35 — trading 9.4% above its estimated fair value. The current Pretax Margin % is 28.18%, which is 67% below median its 10-year median of 85.46 and 18.7% below the Banks industry median of 34.66. Findev's overall GF Score™ is 56/100 with 2 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 Findev (TSXV:FDI), the current Pretax Margin % is 28.18% 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 Findev (TSXV:FDI) Overvalued in 2026?

Based on GuruFocus' analysis, Findev stock appears to be overvalued. The current stock price of C$0.35 is trading 9.4% above its estimated GF Value™ of C$0.32. GuruFocus considers Findev to be Fairly Valued.

Key valuation signals for TSXV:FDI:

  • Pretax Margin %: 28.18% (67% below median its 10-year median of 85.46)
  • GF Value™: C$0.32 vs. price of C$0.35 (9.4% above fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 18.7% below the Banks median (#1529 of 1530)

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


Findev Business Description

Other Exchanges TNSGF:USA
Address 10 Wanless Avenue, Suite 201, Toronto, ON, CAN, M4N 1V6
Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above average returns in a two to three year timeframe.
56GF Score

Get the complete analysis for TSXV:FDI

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

C$0.35
Price
C$0.32
GF Value