VRGWAR:VRG +0.77%92 Pretax Margin % is 0.53% as of Mar. 2026, which is 93% below its 10-year median of 8.03. GuruFocus rates WAR:VRG with a GF Score™ of 92/100 and a GF Value™ of zł4.27 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, VRG ranks better than 68.52% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. VRG's Pre-Tax Income for the
three
months ended in Mar. 2026 was zł2 Mil. VRG's Revenue for the
three
months ended in Mar. 2026 was zł356 Mil. Therefore, VRG's pretax margin for the quarter that ended in Mar. 2026 was 0.53%.
The historical rank and industry rank for VRG's Pretax Margin % or its related term are showing as below:
WAR:VRG'
s Pretax Margin % Range Over the Past 10 Years
Min: -5.63 Med: 8.03 Max: 9.94
Current: 7.46
WAR:VRG's Pretax Margin % is ranked better than 68.52% of 1042
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.525
vs WAR:VRG: 7.46
VRG (WAR:VRG) 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.
VRG Pretax Margin % Related Terms
VRG Pretax Margin % Historical Data
* Premium members only.
The historical data trend for VRG'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.
WAR:VRG vs RL, LEVI, VFC: Pretax Margin % Comparison
For the Apparel Manufacturing subindustry, VRG'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.
VRG Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VRG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where VRG'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.
VRG (WAR:VRG) has a Pretax Margin % of 0.53% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on VRG and its competitors. This is 93% below median its historical median of 8.03. According to the industry distribution chart, VRG ranks #328 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.5%.
Is VRG's Pretax Margin % too high?
VRG's current Pretax Margin % of 0.53% is 93% below median its 10-year median of 8.03. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.53. VRG's value of 0.53% is 85% below this industry median. Based on the distribution chart, VRG ranks #328 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, VRG has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VRG's Pretax Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VRG ranks #328 out of 1042 companies for Pretax Margin %. This puts VRG in the upper half of its industry. The industry median Pretax Margin % is 3.53. VRG's value of 0.53% is 85% below this benchmark. While the company's 10-year median is 8.03 vs. the industry median of 3.53, VRG 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.53, based on 1,042 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. VRG's current Pretax Margin % of 0.53% is 85% 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 VRG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VRG's current Pretax Margin % is 0.53%, which is 93% below median its own 10-year median of 8.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VRG stock overvalued right now?
Based on GuruFocus' analysis, VRG (WAR:VRG) is currently considered Modestly Overvalued. The stock's GF Value™ is zł4.27, compared to a current price of zł5.26 — trading 23.2% above its estimated fair value. The current Pretax Margin % is 0.53%, which is 93% below median its 10-year median of 8.03 and 85% below the Manufacturing - Apparel & Accessories industry median of 3.53. VRG's overall GF Score™ is 92/100 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 VRG (WAR:VRG), the current Pretax Margin % is 0.53% 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 VRG (WAR:VRG) Overvalued in 2026?
Based on GuruFocus' analysis, VRG stock appears to be overvalued.
The current stock price of zł5.26 is trading 23.2% above its estimated GF Value™ of zł4.27.
GuruFocus considers VRG to be Modestly Overvalued.
Key valuation signals for WAR:VRG:
Pretax Margin %: 0.53% (93% below median its 10-year median of 8.03)
GF Value™: zł4.27 vs. price of zł5.26 (23.2% above fair value)
Industry Position: 85% below the Manufacturing - Apparel & Accessories median (#328 of 1042)
No single metric tells the full story. See the WAR:VRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VRG SA is a Poland-based holding that specializes in the design, manufacture, and distribution of men's clothing and accessories. The company's operating segment includes Apparel and Jewellery. It generates maximum revenue from the Apparel segment. Geographically, it derives a majority of revenue from Poland. The company's brands include Vistula, Vistula Red, Lantier, Vesari, Wolczanka, Lambert, and other brand names.
92GF Score
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