Also Holding AG (XSWX:ALSN) Pretax Margin %: 1.22% (As of Dec. 2025) — 14% Below Median


XSWX:ALSN Also Holding AG XSWX:ALSN
60 GF Score
Price CHF195.40
GF Value CHF308.11
Valuation Possible Value Trap
! 3 Warning Signs
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What is Also Holding AG Pretax Margin %?

Also Holding AG XSWX:ALSN +1.03% 60 Pretax Margin % is 1.22% as of Dec. 2025, which is 14% below its 10-year median of 1.42. GuruFocus rates XSWX:ALSN with a GF Score™ of 60/100 and a GF Value™ of CHF308.11 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,475 Hardware companies, Also Holding AG ranks worse than 63.19% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Also Holding AG's Pre-Tax Income for the six months ended in Dec. 2025 was CHF86 Mil. Also Holding AG's Revenue for the six months ended in Dec. 2025 was CHF7,068 Mil. Therefore, Also Holding AG's pretax margin for the quarter that ended in Dec. 2025 was 1.22%.

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

XSWX:ALSN' s Pretax Margin % Range Over the Past 10 Years
Min: 1.17   Med: 1.42   Max: 1.8
Current: 1.17


XSWX:ALSN's Pretax Margin % is ranked worse than
63.19% of 2475 companies
in the Hardware industry
Industry Median: 3.58 vs XSWX:ALSN: 1.17

Also Holding AG  (XSWX:ALSN) 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.


Also Holding AG Pretax Margin % Related Terms


Also Holding AG Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Also Holding AG'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.

Also Holding AG Pretax Margin % Chart

Also Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.80 1.75 1.76 1.17

Also Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.97 1.43 2.03 1.10 1.22

XSWX:ALSN vs SNX, ARW, AVT: Pretax Margin % Comparison

For the Electronics & Computer Distribution subindustry, Also Holding AG'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.


Also Holding AG Pretax Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Also Holding AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Also Holding AG's Pretax Margin % falls into.


XSWX:ALSN
60GF Score
Also Holding AG XSWX:ALSN
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Also Holding AG 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.

Also Holding AG'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 )
=147.113/12598.509
=1.17 %

Also Holding AG'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 )
=86.34/7068.118
=1.22 %

* 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 1.22% mean?
Also Holding AG (XSWX:ALSN) has a Pretax Margin % of 1.22% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Also Holding AG and its competitors. This is 14% below median its historical median of 1.42. Over the past decade, Also Holding AG's Pretax Margin % has ranged from 1.17 to 1.80. According to the industry distribution chart, Also Holding AG ranks #1564 out of 2475 companies in the Hardware industry, placing it in the top 63.2%.
Is Also Holding AG's Pretax Margin % too high?
Also Holding AG's current Pretax Margin % of 1.22% is 14% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 1.80. The Hardware industry median Pretax Margin % is 3.58. Also Holding AG's value of 1.22% is 65.9% below this industry median. Based on the distribution chart, Also Holding AG ranks #1564 out of 2475 companies in the Hardware industry, which is below the industry midpoint. Overall, Also Holding AG has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Also Holding AG's Pretax Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Also Holding AG ranks #1564 out of 2475 companies for Pretax Margin %. This places Also Holding AG in the lower half of its industry. The industry median Pretax Margin % is 3.58. Also Holding AG's value of 1.22% is 65.9% below this benchmark. Historically, Also Holding AG's own Pretax Margin % has ranged from 1.17 to 1.80 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 3.58, Also Holding AG 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,475 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. Also Holding AG's current Pretax Margin % of 1.22% is 65.9% 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 Also Holding AG 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. Also Holding AG's current Pretax Margin % is 1.22%, which is 14% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Also Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Also Holding AG (XSWX:ALSN) is currently considered Possible Value Trap. The stock's GF Value™ is CHF308.11, compared to a current price of CHF195.40 — trading 36.6% below its estimated fair value. The current Pretax Margin % is 1.22%, which is 14% below median its 10-year median of 1.42 and 65.9% below the Hardware industry median of 3.58. Also Holding AG's overall GF Score™ is 60/100 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 Also Holding AG (XSWX:ALSN), the current Pretax Margin % is 1.22% 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 Also Holding AG (XSWX:ALSN) Overvalued in 2026?

Based on GuruFocus' analysis, Also Holding AG stock appears to be undervalued. The current stock price of CHF195.40 is trading 36.6% below its estimated GF Value™ of CHF308.11. GuruFocus considers Also Holding AG to be Possible Value Trap.

Key valuation signals for XSWX:ALSN:

  • Pretax Margin %: 1.22% (14% below median its 10-year median of 1.42)
  • GF Value™: CHF308.11 vs. price of CHF195.40 (36.6% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 65.9% below the Hardware median (#1564 of 2475)

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


Also Holding AG Business Description

Other Exchanges ALSNz:UK0QLW:UK9AS:Germany
Address Meierhofstrasse 5, Emmen, CHE, 6032
Also Holding AG is an information and communications technology distribution company. It distributes a wide portfolio of hardware, software, and digital products of various technology brands. The industries it caters to include information technology, data centers, consumer electronics, and telecommunications. It also connects service providers of cloud solutions with their customers and aids the provision of financial, logistics, and IT services. The company's operating segments are: Central Europe, which generates the maximum revenue, and Northern/Eastern Europe. Geographically, it derives maximum revenue from the United Kingdom, followed by Germany, Poland, Switzerland, and other markets.
60GF Score

Get the complete analysis for XSWX:ALSN

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

CHF195.40
Price
CHF308.11
GF Value