Esotiq & Henderson (WAR:EAH) Pretax Margin %: -2.70% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

WAR:EAH Esotiq & Henderson SA WAR:EAH
67 GF Score
Price zł33.20
GF Value zł46.56
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Esotiq & Henderson Pretax Margin %?

Esotiq & Henderson WAR:EAH -0.60% 67 Pretax Margin % is -2.70% as of Mar. 2026. GuruFocus rates WAR:EAH with a GF Score™ of 67/100 and a GF Value™ of zł46.56 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, Esotiq & Henderson ranks worse than 57.98% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Esotiq & Henderson's Pre-Tax Income for the three months ended in Mar. 2026 was zł-2.0 Mil. Esotiq & Henderson's Revenue for the three months ended in Mar. 2026 was zł74.2 Mil. Therefore, Esotiq & Henderson's pretax margin for the quarter that ended in Mar. 2026 was -2.70%.

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

WAR:EAH' s Pretax Margin % Range Over the Past 10 Years
Min: -2.48   Med: 3.76   Max: 10.06
Current: 2.23


WAR:EAH's Pretax Margin % is ranked worse than
57.98% of 1040 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.54 vs WAR:EAH: 2.23

Esotiq & Henderson  (WAR:EAH) 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.


Esotiq & Henderson Pretax Margin % Related Terms


Esotiq & Henderson Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Esotiq & Henderson'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.

Esotiq & Henderson Pretax Margin % Chart

Esotiq & Henderson Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.06 4.13 3.33 4.62 2.93

Esotiq & Henderson 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 0.18 5.16 2.85 3.21 -2.70

WAR:EAH vs RL, LEVI, VFC: Pretax Margin % Comparison

For the Apparel Manufacturing subindustry, Esotiq & Henderson'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.


Esotiq & Henderson Pretax Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Esotiq & Henderson's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Esotiq & Henderson's Pretax Margin % falls into.


WAR:EAH
67GF Score
Esotiq & Henderson SA WAR:EAH
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Esotiq & Henderson 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.

Esotiq & Henderson'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 )
=9.491/323.563
=2.93 %

Esotiq & Henderson'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 )
=-2.001/74.234
=-2.70 %

* 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 -2.70% mean?
Esotiq & Henderson (WAR:EAH) has a Pretax Margin % of -2.70% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Esotiq & Henderson and its competitors. According to the industry distribution chart, Esotiq & Henderson ranks #603 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 58%.
Is Esotiq & Henderson's Pretax Margin % too high?
Esotiq & Henderson's current Pretax Margin % is -2.70%. Based on the distribution chart, Esotiq & Henderson ranks #603 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Esotiq & Henderson has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Esotiq & Henderson's Pretax Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Esotiq & Henderson ranks #603 out of 1040 companies for Pretax Margin %. This places Esotiq & Henderson in the lower half of its industry. The industry median Pretax Margin % is 3.54. 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.54, based on 1,040 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 Esotiq & Henderson and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Esotiq & Henderson's current Pretax Margin % is -2.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Esotiq & Henderson stock overvalued right now?
Based on GuruFocus' analysis, Esotiq & Henderson (WAR:EAH) is currently considered Modestly Undervalued. The stock's GF Value™ is zł46.56, compared to a current price of zł33.20 — trading 28.7% below its estimated fair value. The current Pretax Margin % is -2.70%. Esotiq & Henderson's overall GF Score™ is 67/100 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 Esotiq & Henderson (WAR:EAH), the current Pretax Margin % is -2.70% 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 Esotiq & Henderson (WAR:EAH) Overvalued in 2026?

Based on GuruFocus' analysis, Esotiq & Henderson stock appears to be undervalued. The current stock price of zł33.20 is trading 28.7% below its estimated GF Value™ of zł46.56. GuruFocus considers Esotiq & Henderson to be Modestly Undervalued.

Key valuation signals for WAR:EAH:

  • Pretax Margin %: -2.70%
  • GF Value™: zł46.56 vs. price of zł33.20 (28.7% below fair value)
  • GF Score™: 67/100 with 4 warning signs

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


Esotiq & Henderson Business Description

Address ulica Szybowcowa 8A, Gdansk, POL, 80-298
Esotiq & Henderson SA manufactures and distributes branded underwear products. The Company offers basic, premium and fashion underwear products for both men and women. It also offers a wide range of underwear, bathing suits and pyjamas that follow universal trends as well as a selection of cosmetics and perfumes.
67GF Score

Get the complete analysis for WAR:EAH

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

zł33.20
Price
zł46.56
GF Value