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What is Deutsche Effecten- und Wechsel- Beteiligungsges AG Pretax Margin %?
Deutsche Effecten- und Wechsel- Beteiligungsges AGXTER:EFF0 -1.61%44 Pretax Margin % is 1,907.20% as of Dec. 2025, which is 1737% above its 10-year median of 103.80. GuruFocus rates XTER:EFF0 with a GF Score™ of 44/100. The stock has 1 warning sign investors should review. Among 1,571 Asset Management companies, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks worse than 63653.66% on this metric.
XTER:EFF0's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 89.65 * Ranked among companies with meaningful Pretax Margin % only.
Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) 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.
Deutsche Effecten- und Wechsel- Beteiligungsges AG Pretax Margin % Related Terms
Deutsche Effecten- und Wechsel- Beteiligungsges AG Pretax Margin % Historical Data
* 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.
Deutsche Effecten- und Wechsel- Beteiligungsges AG Pretax Margin % Chart
Deutsche Effecten- und Wechsel- Beteiligungsges AG Annual Data
* 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.
Deutsche Effecten- und Wechsel- Beteiligungsges AG Pretax Margin % vs Asset Management Industry
* 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.
Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) has a Pretax Margin % of 1,907.20% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Deutsche Effecten- und Wechsel- Beteiligungsges AG and its competitors. This is 1737% above median its historical median of 103.80. According to the industry distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #999999 out of 1571 companies in the Asset Management industry.
Is Deutsche Effecten- und Wechsel- Beteiligungsges AG's Pretax Margin % too high?
Deutsche Effecten- und Wechsel- Beteiligungsges AG's current Pretax Margin % of 1,907.20% is 1737% above median its 10-year median of 103.80. The Asset Management industry median Pretax Margin % is 89.65. Deutsche Effecten- und Wechsel- Beteiligungsges AG's value of 1,907.20% is 2027.4% above this industry median. Based on the distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #999999 out of 1571 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Deutsche Effecten- und Wechsel- Beteiligungsges AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Deutsche Effecten- und Wechsel- Beteiligungsges AG's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #999999 out of 1571 companies for Pretax Margin %. This places Deutsche Effecten- und Wechsel- Beteiligungsges AG in the lower half of its industry. The industry median Pretax Margin % is 89.65. Deutsche Effecten- und Wechsel- Beteiligungsges AG's value of 1,907.20% is 2027.4% above this benchmark. While the company's 10-year median is 103.80 vs. the industry median of 89.65, Deutsche Effecten- und Wechsel- Beteiligungsges AG 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.65, based on 1,571 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. Deutsche Effecten- und Wechsel- Beteiligungsges AG's current Pretax Margin % of 1,907.20% is 2027.4% 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 Deutsche Effecten- und Wechsel- Beteiligungsges AG and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Effecten- und Wechsel- Beteiligungsges AG's current Pretax Margin % is 1,907.20%, which is 1737% above median its own 10-year median of 103.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Effecten- und Wechsel- Beteiligungsges AG stock overvalued right now?
Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) has a current Pretax Margin % of 1,907.20%. The current Pretax Margin % is 1,907.20%, which is 1737% above median its 10-year median of 103.80 and 2027.4% above the Asset Management industry median of 89.65. Deutsche Effecten- und Wechsel- Beteiligungsges AG's overall GF Score™ is 44/100 with 1 warning sign 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 Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0), the current Pretax Margin % is 1,907.20% 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.
Deutsche Effecten- und Wechsel- Beteiligungsges AG Business Description
Deutsche Effecten- und Wechsel- Beteiligungsges AG is a Germany-based listed investment company that specializes in the selection, acquisition, development, and sale of tech companies. It focuses on asset management and companies whose technologies and business models have an impact on the future development of the financial industry. The company supports its portfolio companies with capital, expertise in corporate development, and its extensive network of experts.
44GF Score
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