NeuronesXPAR:NRO +2.53%96 Pretax Margin % is 10.90% as of Dec. 2025, which is 5% above its 10-year median of 10.38. GuruFocus rates XPAR:NRO with a GF Score™ of 96/100 and a GF Value™ of €50.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,821 Software companies, Neurones ranks better than 69.16% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Neurones's Pre-Tax Income for the
six
months ended in Dec. 2025 was €47.2 Mil. Neurones's Revenue for the
six
months ended in Dec. 2025 was €432.9 Mil. Therefore, Neurones's pretax margin for the quarter that ended in Dec. 2025 was 10.90%.
The historical rank and industry rank for Neurones's Pretax Margin % or its related term are showing as below:
XPAR:NRO'
s Pretax Margin % Range Over the Past 10 Years
Min: 9.7 Med: 10.38 Max: 10.95
Current: 9.93
XPAR:NRO's Pretax Margin % is ranked better than 69.16% of 2821
companies
in the Software industry
Industry Median: 3.5
vs XPAR:NRO: 9.93
Neurones (XPAR:NRO) 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.
Neurones Pretax Margin % Related Terms
Neurones Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Neurones'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:NRO vs IBM, ACN, FISV: Pretax Margin % Comparison
For the Information Technology Services subindustry, Neurones'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.
Neurones Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Neurones's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Neurones'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.
Neurones (XPAR:NRO) has a Pretax Margin % of 10.90% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Neurones and its competitors. This is near median its historical median of 10.38. Over the past decade, Neurones' Pretax Margin % has ranged from 9.70 to 10.95. According to the industry distribution chart, Neurones ranks #870 out of 2821 companies in the Software industry, placing it in the top 30.8%.
Is Neurones' Pretax Margin % too high?
Neurones' current Pretax Margin % of 10.90% is near median its 10-year median of 10.38. Over the past 10 years, this metric has ranged from a low of 9.70 to a high of 10.95. The Software industry median Pretax Margin % is 3.50. Neurones' value of 10.90% is 211.4% above this industry median. Based on the distribution chart, Neurones ranks #870 out of 2821 companies in the Software industry, which is above the industry midpoint. Overall, Neurones has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neurones' Pretax Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Neurones ranks #870 out of 2821 companies for Pretax Margin %. This puts Neurones in the upper half of its industry. The industry median Pretax Margin % is 3.50. Neurones' value of 10.90% is 211.4% above this benchmark. Historically, Neurones' own Pretax Margin % has ranged from 9.70 to 10.95 over the past decade. While the company's 10-year median is 10.38 vs. the industry median of 3.50, Neurones 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 Software company?
The median Pretax Margin % among Software companies is 3.50, based on 2,821 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. Neurones's current Pretax Margin % of 10.90% is 211.4% 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 Neurones and its competitors. For the Software industry, the median Pretax Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neurones's current Pretax Margin % is 10.90%, which is near median its own 10-year median of 10.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neurones stock overvalued right now?
Based on GuruFocus' analysis, Neurones (XPAR:NRO) is currently considered Significantly Undervalued. The stock's GF Value™ is €50.24, compared to a current price of €34.50 — trading 31.3% below its estimated fair value. The current Pretax Margin % is 10.90%, which is near median its 10-year median of 10.38 and 211.4% above the Software industry median of 3.50. Neurones' overall GF Score™ is 96/100 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 Neurones (XPAR:NRO), the current Pretax Margin % is 10.90% 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 Neurones (XPAR:NRO) Overvalued in 2026?
Based on GuruFocus' analysis, Neurones stock appears to be undervalued.
The current stock price of €34.50 is trading 31.3% below its estimated GF Value™ of €50.24.
GuruFocus considers Neurones to be Significantly Undervalued.
Key valuation signals for XPAR:NRO:
Pretax Margin %: 10.90% (near median its 10-year median of 10.38)
GF Value™: €50.24 vs. price of €34.50 (31.3% below fair value)
Industry Position: 211.4% above the Software median (#870 of 2821)
No single metric tells the full story. See the XPAR:NRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neurones is active in Consulting and Digital Services, with activities including Digital Transformation, Overall Offer, Infrastructure Hub, Applications Hub, Consulting Division, Managed Services, and Service Centers. It also conducts IT development, pre-sales activities, management of fixed-price projects, technical assistance, infrastructure operations, and cybersecurity, and provides an internal platform for multi-LLM assistants, including Microsoft Copilot, ChatGPT, Gemini, Claude, and Mistral. Its segments are Infrastructure Services, Application Services, and Consulting. Infrastructure Services generates the majority of revenue and includes Cloud, Infrastructure Management, DevOps, Cybersecurity, User Support, IT Service Management, Information System Governance, and Automation.
96GF Score
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