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.
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.
TxcomXPAR:ALTXC +2.84%60 Pretax Margin % is -13.71% as of Dec. 2025. GuruFocus rates XPAR:ALTXC with a GF Score™ of 60/100 and a GF Value™ of €5.13 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,473 Hardware companies, Txcom ranks worse than 78.61% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Txcom's Pre-Tax Income for the
six
months ended in Dec. 2025 was €-0.33 Mil. Txcom's Revenue for the
six
months ended in Dec. 2025 was €2.39 Mil. Therefore, Txcom's pretax margin for the quarter that ended in Dec. 2025 was -13.71%.
The historical rank and industry rank for Txcom's Pretax Margin % or its related term are showing as below:
XPAR:ALTXC'
s Pretax Margin % Range Over the Past 10 Years
Min: -8.16 Med: 10.52 Max: 16.8
Current: -8.16
XPAR:ALTXC's Pretax Margin % is ranked worse than 78.61% of 2473
companies
in the Hardware industry
Industry Median: 3.68
vs XPAR:ALTXC: -8.16
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.
Txcom Pretax Margin % Related Terms
Txcom Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Txcom'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.
XPAR:ALTXC vs CSCO, MSI, HPE: Pretax Margin % Comparison
For the Communication Equipment subindustry, Txcom'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.
Txcom Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Txcom's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Txcom'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.
Txcom (XPAR:ALTXC) has a Pretax Margin % of -13.71% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Txcom and its competitors. According to the industry distribution chart, Txcom ranks #1944 out of 2473 companies in the Hardware industry, placing it in the top 78.6%.
Is Txcom's Pretax Margin % too high?
Txcom's current Pretax Margin % is -13.71%. Based on the distribution chart, Txcom ranks #1944 out of 2473 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Txcom has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Txcom's Pretax Margin % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Txcom ranks #1944 out of 2473 companies for Pretax Margin %. This places Txcom in the lower half of its industry. The industry median Pretax Margin % is 3.68. 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 3.68, based on 2,473 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 Txcom and its competitors. For the Hardware industry, the median Pretax Margin % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Txcom's current Pretax Margin % is -13.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Txcom stock overvalued right now?
Based on GuruFocus' analysis, Txcom (XPAR:ALTXC) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.13, compared to a current price of €9.05 — trading 76.4% above its estimated fair value. The current Pretax Margin % is -13.71%. Txcom's overall GF Score™ is 60/100 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 Txcom (XPAR:ALTXC), the current Pretax Margin % is -13.71% 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 Txcom (XPAR:ALTXC) Overvalued in 2026?
Based on GuruFocus' analysis, Txcom stock appears to be overvalued.
The current stock price of €9.05 is trading 76.4% above its estimated GF Value™ of €5.13.
GuruFocus considers Txcom to be Significantly Overvalued.
Key valuation signals for XPAR:ALTXC:
Pretax Margin %: -13.71%
GF Value™: €5.13 vs. price of €9.05 (76.4% above fair value)
No single metric tells the full story. See the XPAR:ALTXC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Txcom is a French company that specializes in designing, manufacturing and marketing communication products. The company operates through five divisions: AXIOHM offers a full range of Thermal Printing solutions for receipt and ticketing; TXCOM designs, builds and markets rugged data capture solutions; MAINtag, involved in the design, production and supply of RFID tagging solutions al aerospace to railway and businesses and Deal-Tag offers solutions for the protection of property and person.
60GF Score
Get the complete analysis for XPAR:ALTXC
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
XPAR:ALTXC has been successfully added to your 
