Modec (MDIKF) Tax Rate %: 16.49% (As of Mar. 2026)

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MDIKF Modec Inc MDIKF
66 GF Score
Price $82.01
GF Value $30.29
! 2 Warning Signs
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What is Modec Tax Rate %?

Modec MDIKF 66 Tax Rate % is 16.49% as of Mar. 2026. GuruFocus rates MDIKF with a GF Score™ of 66/100 and a GF Value™ of $30.29. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Modec's Tax Expense for the three months ended in Mar. 2026 was $22 Mil. Modec's Pre-Tax Income for the three months ended in Mar. 2026 was $130 Mil. Therefore, Modec's Tax Rate % for the quarter that ended in Mar. 2026 was 16.49%.

Modec Tax Rate % Related Terms

Modec Tax Rate % Historical Data

* Premium members only.

The historical data trend for Modec'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.

Modec Tax Rate % Chart

Modec 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 -4.54 24.97 41.33 14.50 19.21

Modec 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 12.26 18.32 18.55 23.49 16.49
MDIKF
66GF Score
Modec Inc MDIKF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Modec Tax Rate % Calculation

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

Modec'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 )
=97.641/508.317
=19.21 %

Modec'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 )
=21.506/130.424
=16.49 %

* 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 16.49% mean?
Modec (MDIKF) has a Tax Rate % of 16.49% as of Mar. 2026.
Is Modec's Tax Rate % too high?
Modec's current Tax Rate % is 16.49%. Overall, Modec has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Modec's Tax Rate % compare to SLB and BKR?
Modec's Tax Rate % of 16.49% can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas 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. Modec's current Tax Rate % is 16.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modec stock overvalued right now?
Modec (MDIKF) has a current Tax Rate % of 16.49%. The stock's GF Value™ is $30.29, compared to a current price of $82.01 — trading 170.7% above its estimated fair value. The current Tax Rate % is 16.49%. Modec's overall GF Score™ is 66/100 with 2 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 Modec (MDIKF), the current Tax Rate % is 16.49% 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 Modec (MDIKF) Overvalued in 2026?

Based on GuruFocus' analysis, Modec stock appears to be overvalued. The current stock price of $82.01 is trading 170.7% above its estimated GF Value™ of $30.29.

Key valuation signals for MDIKF:

  • Tax Rate %: 16.49%
  • GF Value™: $30.29 vs. price of $82.01 (170.7% above fair value)
  • GF Score™: 66/100 with 2 warning signs

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

Modec Business Description

Industry EnergyOil & Gas
Other Exchanges 6269:Japan
Address 3-10 Nihonbashi Maruzen Tokyu Building 4th & 5th Floors, 2-chome Chuo-ku, Nihonbashi, Tokyo, JPN, 100-0027
Modec Inc operates as a general contractor with specialization in engineering, procurement, construction, and installation of floating production systems. It offers floating production storage and offloading vessels, floating storage and offloading vessels, tension leg platforms, semisubmersibles, and mobile offshore production units. The company also offers operation of its production systems and maintenance services across the globe. Although Modec services offshore markets worldwide, the majority of revenue is derived from Brazilian markets. Modec's vessels are designed to retrieve fluids and gases from reservoirs ranging from subsea to deepwater.
66GF Score

Get the complete analysis for MDIKF

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

$82.01
Price
$30.29
GF Value