Fon SEWAR:FON 70 Pretax Margin % is 84.84% as of Mar. 2026. GuruFocus rates WAR:FON with a GF Score™ of 70/100 and a GF Value™ of zł2.66 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 533 Credit Services companies, Fon SE ranks better than 93.25% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fon SE's Pre-Tax Income for the
three
months ended in Mar. 2026 was zł0.39 Mil. Fon SE's Revenue for the
three
months ended in Mar. 2026 was zł0.46 Mil. Therefore, Fon SE's pretax margin for the quarter that ended in Mar. 2026 was 84.84%.
The historical rank and industry rank for Fon SE's Pretax Margin % or its related term are showing as below:
WAR:FON'
s Pretax Margin % Range Over the Past 10 Years
Min: -4957.21 Med: -17.7 Max: 122.54
Current: 84.12
WAR:FON's Pretax Margin % is ranked better than 93.25% of 533
companies
in the Credit Services industry
Industry Median: 20.02
vs WAR:FON: 84.12
Fon SE (WAR:FON) 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.
Fon SE Pretax Margin % Related Terms
Fon SE Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Fon SE'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 Credit Services subindustry, Fon SE'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.
Fon SE Pretax Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Fon SE's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Fon SE'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.
Fon SE (WAR:FON) has a Pretax Margin % of 84.84% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fon SE and its competitors. According to the industry distribution chart, Fon SE ranks #36 out of 533 companies in the Credit Services industry, placing it in the top 6.8%.
Is Fon SE's Pretax Margin % too high?
Fon SE's current Pretax Margin % is 84.84%. The Credit Services industry median Pretax Margin % is 20.02. Fon SE's value of 84.84% is 323.8% above this industry median. Based on the distribution chart, Fon SE ranks #36 out of 533 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Fon SE has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fon SE's Pretax Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Fon SE ranks #36 out of 533 companies for Pretax Margin %. This places Fon SE in the top 7% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.02. Fon SE's value of 84.84% is 323.8% 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 a Credit Services company?
The median Pretax Margin % among Credit Services companies is 20.02, based on 533 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. Fon SE's current Pretax Margin % of 84.84% is 323.8% 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 Fon SE and its competitors. For the Credit Services industry, the median Pretax Margin % is 20.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fon SE's current Pretax Margin % is 84.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fon SE stock overvalued right now?
Based on GuruFocus' analysis, Fon SE (WAR:FON) is currently considered Possible Value Trap. The stock's GF Value™ is zł2.66, compared to a current price of zł1.80 — trading 32.3% below its estimated fair value. The current Pretax Margin % is 84.84% and 323.8% above the Credit Services industry median of 20.02. Fon SE's overall GF Score™ is 70/100 with 3 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 Fon SE (WAR:FON), the current Pretax Margin % is 84.84% 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 Fon SE (WAR:FON) Overvalued in 2026?
Based on GuruFocus' analysis, Fon SE stock appears to be undervalued.
The current stock price of zł1.80 is trading 32.3% below its estimated GF Value™ of zł2.66.
GuruFocus considers Fon SE to be Possible Value Trap.
Key valuation signals for WAR:FON:
Pretax Margin %: 84.84%
GF Value™: zł2.66 vs. price of zł1.80 (32.3% below fair value)
Industry Position: 323.8% above the Credit Services median (#36 of 533)
No single metric tells the full story. See the WAR:FON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fon SE is engaged in financial activities and capital investments. The company offers medium-term cash loans to retail clients and small businesses and generates revenue through interest on loans granted. Geographically, it derives a majority of its revenue from its customers in Poland and the rest from Estonia.
70GF Score
Get the complete analysis for WAR:FON
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
WAR:FON has been successfully added to your 
