CTT Systems AB (CHIX:CTTS) Tax Rate %: 20.24% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

CHIX:CTTS CTT Systems AB CHIX:CTTS
77 GF Score
Price kr194.60
GF Value kr368.46
! 3 Warning Signs
View Full Analysis

What is CTT Systems AB Tax Rate %?

CTT Systems AB CHIX:CTTS 77 Tax Rate % is 20.24% as of Mar. 2026. GuruFocus rates CHIX:CTTS with a GF Score™ of 77/100 and a GF Value™ of kr368.46. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CTT Systems AB's Tax Expense for the three months ended in Mar. 2026 was kr1.7 Mil. CTT Systems AB's Pre-Tax Income for the three months ended in Mar. 2026 was kr8.4 Mil. Therefore, CTT Systems AB's Tax Rate % for the quarter that ended in Mar. 2026 was 20.24%.

CTT Systems AB Tax Rate % Related Terms

CTT Systems AB Tax Rate % Historical Data

* Premium members only.

The historical data trend for CTT Systems AB's Tax Rate % 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.

CTT Systems AB Tax Rate % Chart

CTT Systems AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.67 20.88 20.76 20.63 21.06

CTT Systems AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 21.28 20.86 20.44 24.32 20.24
CHIX:CTTS
77GF Score
CTT Systems AB CHIX:CTTS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CTT Systems AB Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

CTT Systems AB's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=10.3/48.9
=21.06 %

CTT Systems AB's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=1.7/8.4
=20.24 %

* 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 Tax Rate % →
What does a Tax Rate % of 20.24% mean?
CTT Systems AB (CHIX:CTTS) has a Tax Rate % of 20.24% as of Mar. 2026.
Is CTT Systems AB's Tax Rate % too high?
CTT Systems AB's current Tax Rate % is 20.24%. Overall, CTT Systems AB has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does CTT Systems AB's Tax Rate % compare to SPCX and GE?
CTT Systems AB's Tax Rate % of 20.24% can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Aerospace & Defense company?
A good Tax Rate % depends on the Aerospace & Defense industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. CTT Systems AB's current Tax Rate % is 20.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTT Systems AB stock overvalued right now?
CTT Systems AB (CHIX:CTTS) has a current Tax Rate % of 20.24%. The stock's GF Value™ is kr368.46, compared to a current price of kr194.60 — trading 47.2% below its estimated fair value. The current Tax Rate % is 20.24%. CTT Systems AB's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For CTT Systems AB (CHIX:CTTS), the current Tax Rate % is 20.24% 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 CTT Systems AB (CHIX:CTTS) Overvalued in 2026?

Based on GuruFocus' analysis, CTT Systems AB stock appears to be undervalued. The current stock price of kr194.60 is trading 47.2% below its estimated GF Value™ of kr368.46.

Key valuation signals for CHIX:CTTS:

  • Tax Rate %: 20.24%
  • GF Value™: kr368.46 vs. price of kr194.60 (47.2% below fair value)
  • GF Score™: 77/100 with 3 warning signs

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

CTT Systems AB Business Description

Other Exchanges CTT:Sweden0GUO:UK
Address Brukslagarvagen 5, Box 1042, Nykoping, SWE, 611 29
CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair, create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for their existing aircraft fleets. Geographically company generates maximum revenue from USA, Denmark, France, and other regions.
77GF Score

Get the complete analysis for CHIX:CTTS

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

kr194.60
Price
kr368.46
GF Value