Mie Co (NGO:3442) Tax Rate %: 28.51% (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.

NGO:3442 Mie Corp Co Ltd NGO:3442
60 GF Score
Price 円1,559.00
GF Value 円1,453.63
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mie Co Tax Rate %?

Mie Co NGO:3442 +1.17% 60 Tax Rate % is 28.51% as of Mar. 2026. GuruFocus rates NGO:3442 with a GF Score™ of 60/100 and a GF Value™ of 円1,453.63 (Fairly Valued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mie Co's Tax Expense for the three months ended in Mar. 2026 was 円40 Mil. Mie Co's Pre-Tax Income for the three months ended in Mar. 2026 was 円141 Mil. Therefore, Mie Co's Tax Rate % for the quarter that ended in Mar. 2026 was 28.51%.

Mie Co Tax Rate % Related Terms

Mie Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Mie Co'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.

Mie Co Tax Rate % Chart

Mie Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.26 12.92 31.24 29.45 30.16

Mie Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 30.45 30.90 30.67 28.51
NGO:3442
60GF Score
Mie Corp Co Ltd NGO:3442
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mie Co Tax Rate % Calculation

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

Mie Co's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=183.304/607.823
=30.16 %

Mie Co'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 )
=40.093/140.642
=28.51 %

* 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 28.51% mean?
Mie Co (NGO:3442) has a Tax Rate % of 28.51% as of Mar. 2026.
Is Mie Co's Tax Rate % too high?
Mie Co's current Tax Rate % is 28.51%. Overall, Mie Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Co's Tax Rate % compare to NUE and STLD?
Mie Co's Tax Rate % of 28.51% can be compared against companies in the Steel 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 Steel company?
A good Tax Rate % depends on the Steel 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. Mie Co's current Tax Rate % is 28.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Co stock overvalued right now?
Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Fairly Valued. The stock's GF Value™ is 円1,453.63, compared to a current price of 円1,559.00 — trading 7.2% above its estimated fair value. The current Tax Rate % is 28.51%. Mie Co's overall GF Score™ is 60/100 with 5 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 Mie Co (NGO:3442), the current Tax Rate % is 28.51% 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 Mie Co (NGO:3442) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Co stock appears to be overvalued. The current stock price of 円1,559.00 is trading 7.2% above its estimated GF Value™ of 円1,453.63. GuruFocus considers Mie Co to be Fairly Valued.

Key valuation signals for NGO:3442:

  • Tax Rate %: 28.51%
  • GF Value™: 円1,453.63 vs. price of 円1,559.00 (7.2% above fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mie Co Business Description

Address 1001 Oaza Hoshikawa, Mie-ken, Kuwana, JPN, 511-0912
Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.
60GF Score

Get the complete analysis for NGO:3442

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

円1,559.00
Price
円1,453.63
GF Value