LEM HoldingXSWX:LEHN -0.22%65 Pretax Margin % is 6.89% as of Mar. 2026, which is 65% below its 10-year median of 19.80. GuruFocus rates XSWX:LEHN with a GF Score™ of 65/100 and a GF Value™ of CHF818.58 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,472 Hardware companies, LEM Holding ranks better than 61.61% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. LEM Holding's Pre-Tax Income for the
six
months ended in Mar. 2026 was CHF9.6 Mil. LEM Holding's Revenue for the
six
months ended in Mar. 2026 was CHF139.4 Mil. Therefore, LEM Holding's pretax margin for the quarter that ended in Mar. 2026 was 6.89%.
The historical rank and industry rank for LEM Holding's Pretax Margin % or its related term are showing as below:
XSWX:LEHN'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.41 Med: 19.8 Max: 22.84
Current: 6.22
XSWX:LEHN's Pretax Margin % is ranked better than 61.61% of 2472
companies
in the Hardware industry
Industry Median: 3.575
vs XSWX:LEHN: 6.22
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.
LEM Holding Pretax Margin % Related Terms
LEM Holding Pretax Margin % Historical Data
* Premium members only.
The historical data trend for LEM Holding'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.
XSWX:LEHN vs APH, GLW, TEL: Pretax Margin % Comparison
For the Electronic Components subindustry, LEM Holding'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.
LEM Holding Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, LEM Holding's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where LEM Holding'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.
LEM Holding (XSWX:LEHN) has a Pretax Margin % of 6.89% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on LEM Holding and its competitors. This is 65% below median its historical median of 19.80. Over the past decade, LEM Holding's Pretax Margin % has ranged from 3.41 to 22.84. According to the industry distribution chart, LEM Holding ranks #949 out of 2472 companies in the Hardware industry, placing it in the top 38.4%.
Is LEM Holding's Pretax Margin % too high?
LEM Holding's current Pretax Margin % of 6.89% is 65% below median its 10-year median of 19.80. Over the past 10 years, this metric has ranged from a low of 3.41 to a high of 22.84. The Hardware industry median Pretax Margin % is 3.58. LEM Holding's value of 6.89% is 92.7% above this industry median. Based on the distribution chart, LEM Holding ranks #949 out of 2472 companies in the Hardware industry, which is above the industry midpoint. Overall, LEM Holding has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LEM Holding's Pretax Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, LEM Holding ranks #949 out of 2472 companies for Pretax Margin %. This puts LEM Holding in the upper half of its industry. The industry median Pretax Margin % is 3.58. LEM Holding's value of 6.89% is 92.7% above this benchmark. Historically, LEM Holding's own Pretax Margin % has ranged from 3.41 to 22.84 over the past decade. While the company's 10-year median is 19.80 vs. the industry median of 3.58, LEM Holding 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 Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,472 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. LEM Holding's current Pretax Margin % of 6.89% is 92.7% 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 LEM Holding 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. LEM Holding's current Pretax Margin % is 6.89%, which is 65% below median its own 10-year median of 19.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEM Holding stock overvalued right now?
Based on GuruFocus' analysis, LEM Holding (XSWX:LEHN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF818.58, compared to a current price of CHF447.50 — trading 45.3% below its estimated fair value. The current Pretax Margin % is 6.89%, which is 65% below median its 10-year median of 19.80 and 92.7% above the Hardware industry median of 3.58. LEM Holding's overall GF Score™ is 65/100 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 LEM Holding (XSWX:LEHN), the current Pretax Margin % is 6.89% as of Mar. 2026. 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 LEM Holding (XSWX:LEHN) Overvalued in 2026?
Based on GuruFocus' analysis, LEM Holding stock appears to be undervalued.
The current stock price of CHF447.50 is trading 45.3% below its estimated GF Value™ of CHF818.58.
GuruFocus considers LEM Holding to be Significantly Undervalued.
Key valuation signals for XSWX:LEHN:
Pretax Margin %: 6.89% (65% below median its 10-year median of 19.80)
GF Value™: CHF818.58 vs. price of CHF447.50 (45.3% below fair value)
Industry Position: 92.7% above the Hardware median (#949 of 2472)
No single metric tells the full story. See the XSWX:LEHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LEM Holding SA develops electrical measurement solutions for energy and mobility applications. Its products are used in customer systems for measurement, monitoring, and control purposes. Its product portfolio includes Energy meters, Rogowski coils, Voltage sensors, Current sensors, and Integrated current sensors. The company's operations are organized in two reportable segments, namely, i) Region of Asia which includes China, Japan, South Korea, India, Southeast Asia; ii) Region of Europe/Americas which includes Europe, the Middle East, Africa, NAFTA and Latin America. The majority of revenue is derived from the Asia segment.
65GF Score
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