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.
Wearable Devices Pretax Margin % Related Terms
Wearable Devices Pretax Margin % Historical Data
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The historical data trend for Wearable Devices'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.
WLDS vs CAPC, BOXL, MSN: Pretax Margin % Comparison
For the Consumer Electronics subindustry, Wearable Devices'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.
Wearable Devices Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Wearable Devices's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Wearable Devices'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.
Wearable Devices (WLDS) has a Pretax Margin % of -1,244.19% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wearable Devices and its competitors. According to the industry distribution chart, Wearable Devices ranks #2451 out of 2476 companies in the Hardware industry, placing it in the top 99%.
Is Wearable Devices' Pretax Margin % too high?
Wearable Devices' current Pretax Margin % is -1,244.19%. Based on the distribution chart, Wearable Devices ranks #2451 out of 2476 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Wearable Devices has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wearable Devices' Pretax Margin % compare to CAPC and BOXL?
According to the Hardware industry distribution chart, Wearable Devices ranks #2451 out of 2476 companies for Pretax Margin %. This places Wearable Devices in the lower half of its industry. The industry median Pretax Margin % is 3.58. 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,476 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 Wearable Devices and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wearable Devices's current Pretax Margin % is -1,244.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wearable Devices stock overvalued right now?
Based on GuruFocus' analysis, Wearable Devices (WLDS) is currently considered Possible Value Trap. The stock's GF Value™ is $25.56, compared to a current price of $1.68 — trading 93.4% below its estimated fair value. The current Pretax Margin % is -1,244.19%. Wearable Devices' overall GF Score™ is 47/100 with 5 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 Wearable Devices (WLDS), the current Pretax Margin % is -1,244.19% 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 Wearable Devices (WLDS) Overvalued in 2026?
Based on GuruFocus' analysis, Wearable Devices stock appears to be undervalued.
The current stock price of $1.68 is trading 93.4% below its estimated GF Value™ of $25.56.
GuruFocus considers Wearable Devices to be Possible Value Trap.
Key valuation signals for WLDS:
Pretax Margin %: -1,244.19%
GF Value™: $25.56 vs. price of $1.68 (93.4% below fair value)
No single metric tells the full story. See the WLDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wearable Devices Ltd develops and sells human-machine interface solutions for the smart wearables industry. These digital devices include consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, PCs, laptop computers, drones, robots, etc. The company has completed the transition phase from research and development to commercialization of technology into B2B and B2C products. Its products include Mudra Inspire, a band for the Apple Watch that allows touchless operation and control of Apple ecosystem devices such as iPhone, Mac computer, Apple TV, and iPad, inter alia.
47GF Score
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