Torotrak (LSE:TRK) Tax Rate %: 9.33% (As of Mar. 2017)

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What is Torotrak Tax Rate %?

Torotrak LSE:TRK Tax Rate % is 9.33% as of Mar. 2017. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Torotrak's Tax Expense for the six months ended in Mar. 2017 was £-1.67 Mil. Torotrak's Pre-Tax Income for the six months ended in Mar. 2017 was £-17.87 Mil. Therefore, Torotrak's Tax Rate % for the quarter that ended in Mar. 2017 was 9.33%.

Torotrak Tax Rate % Related Terms

Torotrak Tax Rate % Historical Data

* Premium members only.

The historical data trend for Torotrak'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.

Torotrak Tax Rate % Chart

Torotrak Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.44 10.75 7.46 5.67 8.98

Torotrak Semi-Annual Data
Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17
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 10.44 3.77 9.81 7.29 9.33

Torotrak Tax Rate % Calculation

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

Torotrak's Tax Rate % for the fiscal year that ended in Mar. 2017 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2017 )/Pre-Tax Income (A: Mar. 2017 )
=-1.944/-21.654
=8.98 %

Torotrak's Tax Rate % for the quarter that ended in Mar. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2017 )/Pre-Tax Income (Q: Mar. 2017 )
=-1.668/-17.869
=9.33 %

* 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 9.33% mean?
Torotrak (LSE:TRK) has a Tax Rate % of 9.33% as of Mar. 2017.
Is Torotrak's Tax Rate % too high?
Torotrak's current Tax Rate % is 9.33%.
How does Torotrak's Tax Rate % compare to DLPH?
Torotrak's Tax Rate % of 9.33% can be compared against companies in the Vehicles & Parts 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 a Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts 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. Torotrak's current Tax Rate % is 9.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torotrak stock overvalued right now?
Torotrak (LSE:TRK) has a current Tax Rate % of 9.33%. The current Tax Rate % is 9.33%. 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 Torotrak (LSE:TRK), the current Tax Rate % is 9.33% as of Mar. 2017. 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.

Torotrak Business Description

Comparable Companies LSE:SCELSE:AUTGLSE:GKNDLPH
Address 1 Aston Way, Leyland, Lancs, GBR, PR26 7UX
Torotrak PLC is a technology development company. It designs, develops and offers technologies that are focused on products, such as infinitely variable transmissions (IVTs), variable drive superchargers (V-Charge) and mechanical kinetic energy recovery systems (Flybrid). The company operates its business through the following segments, Licence Agreements, Engineering Services, and Development Activities, Including Research and The Creation of New Intellectual Property. Its Flybrid technology relates to high-speed flywheels which are used vehicles, V-Charge technology is used to control emissions in gasoline and diesel engines, and IVTs improves the performance and fuel economy of the vehicle.