29MetalsTWNMF 14 Pretax Margin % is -3.75% as of Dec. 2025. GuruFocus rates TWNMF with a GF Score™ of 14/100 and a GF Value™ of $0.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 843 Metals & Mining companies, 29Metals ranks worse than 52.19% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. 29Metals's Pre-Tax Income for the
six
months ended in Dec. 2025 was $-7.4 Mil. 29Metals's Revenue for the
six
months ended in Dec. 2025 was $197.6 Mil. Therefore, 29Metals's pretax margin for the quarter that ended in Dec. 2025 was -3.75%.
The historical rank and industry rank for 29Metals's Pretax Margin % or its related term are showing as below:
TWNMF'
s Pretax Margin % Range Over the Past 10 Years
Min: -84.25 Med: -9.22 Max: 4.27
Current: 4.27
TWNMF's Pretax Margin % is ranked worse than 52.19% of 843
companies
in the Metals & Mining industry
Industry Median: 4.83
vs TWNMF: 4.27
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.
29Metals Pretax Margin % Related Terms
29Metals Pretax Margin % Historical Data
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The historical data trend for 29Metals'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.
For the Other Precious Metals & Mining subindustry, 29Metals'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.
29Metals Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, 29Metals's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where 29Metals'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.
29Metals (TWNMF) has a Pretax Margin % of -3.75% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on 29Metals and its competitors. According to the industry distribution chart, 29Metals ranks #440 out of 843 companies in the Metals & Mining industry, placing it in the top 52.2%.
Is 29Metals' Pretax Margin % too high?
29Metals' current Pretax Margin % is -3.75%. Based on the distribution chart, 29Metals ranks #440 out of 843 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, 29Metals has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 29Metals' Pretax Margin % compare to HL?
According to the Metals & Mining industry distribution chart, 29Metals ranks #440 out of 843 companies for Pretax Margin %. This places 29Metals in the lower half of its industry. The industry median Pretax Margin % is 4.83. 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 Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.83, based on 843 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. 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 29Metals and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 29Metals's current Pretax Margin % is -3.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 29Metals stock overvalued right now?
Based on GuruFocus' analysis, 29Metals (TWNMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.22 — trading 340.6% above its estimated fair value. The current Pretax Margin % is -3.75%. 29Metals' overall GF Score™ is 14/100 with 6 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 29Metals (TWNMF), the current Pretax Margin % is -3.75% as of Dec. 2025. 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 29Metals (TWNMF) Overvalued in 2026?
Based on GuruFocus' analysis, 29Metals stock appears to be overvalued.
The current stock price of $0.22 is trading 340.6% above its estimated GF Value™ of $0.05.
GuruFocus considers 29Metals to be Significantly Overvalued.
Key valuation signals for TWNMF:
Pretax Margin %: -3.75%
GF Value™: $0.05 vs. price of $0.22 (340.6% above fair value)
No single metric tells the full story. See the TWNMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
29Metals Ltd is a copper-focused base and precious metals mining company. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold, and silver) and Capricorn Copper in Queensland (copper and silver). The group has three reportable segments which are Golden Grove, Capricorn Copper, and Exploration (which includes Redhill and regional exploration activities at Golden Grove and Capricorn Copper), and the majority of company's revenue is generated from golden grove.
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