Carreras (XJAM:CAR) Pretax Margin %: 42.14% (As of Dec. 2025) — 20% Above Median


XJAM:CAR Carreras Ltd XJAM:CAR
76 GF Score
Price JMD27.84
GF Value JMD12.98
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Carreras Pretax Margin %?

Carreras XJAM:CAR -1.17% 76 Pretax Margin % is 42.14% as of Dec. 2025, which is 20% above its 10-year median of 35.25. GuruFocus rates XJAM:CAR with a GF Score™ of 76/100 and a GF Value™ of JMD12.98 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 48 Tobacco Products companies, Carreras ranks better than 93.75% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Carreras's Pre-Tax Income for the six months ended in Dec. 2025 was JMD8,807 Mil. Carreras's Revenue for the six months ended in Dec. 2025 was JMD20,900 Mil. Therefore, Carreras's pretax margin for the quarter that ended in Dec. 2025 was 42.14%.

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

XJAM:CAR' s Pretax Margin % Range Over the Past 10 Years
Min: 29.93   Med: 35.25   Max: 42.14
Current: 42.14


XJAM:CAR's Pretax Margin % is ranked better than
93.75% of 48 companies
in the Tobacco Products industry
Industry Median: 9.615 vs XJAM:CAR: 42.14

Carreras  (XJAM:CAR) 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.


Carreras Pretax Margin % Related Terms


Carreras Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Carreras'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.

Carreras Pretax Margin % Chart

Carreras Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.50 34.46 29.93 41.90 42.14

Carreras Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
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 35.50 34.46 29.93 41.90 42.14

XJAM:CAR vs PM, MO, TPB: Pretax Margin % Comparison

For the Tobacco subindustry, Carreras'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.


Carreras Pretax Margin % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Carreras's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Carreras's Pretax Margin % falls into.


XJAM:CAR
76GF Score
Carreras Ltd XJAM:CAR
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carreras 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.

Carreras'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 )
=8806.911/20899.971
=42.14 %

Carreras's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=8806.911/20899.971
=42.14 %

* 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 42.14% mean?
Carreras (XJAM:CAR) has a Pretax Margin % of 42.14% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Carreras and its competitors. This is 20% above median its historical median of 35.25. Over the past decade, Carreras' Pretax Margin % has ranged from 29.93 to 42.14. According to the industry distribution chart, Carreras ranks #3 out of 48 companies in the Tobacco Products industry, placing it in the top 6.2%.
Is Carreras' Pretax Margin % too high?
Carreras' current Pretax Margin % of 42.14% is 20% above median its 10-year median of 35.25. Over the past 10 years, this metric has ranged from a low of 29.93 to a high of 42.14. The Tobacco Products industry median Pretax Margin % is 9.62. Carreras' value of 42.14% is 338.3% above this industry median. Based on the distribution chart, Carreras ranks #3 out of 48 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Carreras has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carreras' Pretax Margin % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Carreras ranks #3 out of 48 companies for Pretax Margin %. This places Carreras in the top 6% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 9.62. Carreras' value of 42.14% is 338.3% above this benchmark. Historically, Carreras' own Pretax Margin % has ranged from 29.93 to 42.14 over the past decade. While the company's 10-year median is 35.25 vs. the industry median of 9.62, Carreras has consistently been above 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 Tobacco Products company?
The median Pretax Margin % among Tobacco Products companies is 9.62, based on 48 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. Carreras's current Pretax Margin % of 42.14% is 338.3% 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 Carreras and its competitors. For the Tobacco Products industry, the median Pretax Margin % is 9.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carreras's current Pretax Margin % is 42.14%, which is 20% above median its own 10-year median of 35.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carreras stock overvalued right now?
Based on GuruFocus' analysis, Carreras (XJAM:CAR) is currently considered Significantly Overvalued. The stock's GF Value™ is JMD12.98, compared to a current price of JMD27.84 — trading 114.5% above its estimated fair value. The current Pretax Margin % is 42.14%, which is 20% above median its 10-year median of 35.25 and 338.3% above the Tobacco Products industry median of 9.62. Carreras' overall GF Score™ is 76/100 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 Carreras (XJAM:CAR), the current Pretax Margin % is 42.14% 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 Carreras (XJAM:CAR) Overvalued in 2026?

Based on GuruFocus' analysis, Carreras stock appears to be overvalued. The current stock price of JMD27.84 is trading 114.5% above its estimated GF Value™ of JMD12.98. GuruFocus considers Carreras to be Significantly Overvalued.

Key valuation signals for XJAM:CAR:

  • Pretax Margin %: 42.14% (20% above median its 10-year median of 35.25)
  • GF Value™: JMD12.98 vs. price of JMD27.84 (114.5% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 338.3% above the Tobacco Products median (#3 of 48)

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


Carreras Business Description

Address 8 Automotive Parkway, Kingston, JAM, 20
Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes, including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.
76GF Score

Get the complete analysis for XJAM:CAR

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

JMD27.84
Price
JMD12.98
GF Value