Tivoli AS (OCSE:TIV) Tax Rate %: 21.98% (As of Mar. 2026)

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OCSE:TIV Tivoli AS OCSE:TIV
77 GF Score
Price kr630.00
GF Value kr744.18
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Tivoli AS Tax Rate %?

Tivoli AS OCSE:TIV +0.32% 77 Tax Rate % is 21.98% as of Mar. 2026. GuruFocus rates OCSE:TIV with a GF Score™ of 77/100 and a GF Value™ of kr744.18 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tivoli AS's Tax Expense for the three months ended in Mar. 2026 was kr-30 Mil. Tivoli AS's Pre-Tax Income for the three months ended in Mar. 2026 was kr-137 Mil. Therefore, Tivoli AS's Tax Rate % for the quarter that ended in Mar. 2026 was 21.98%.

Tivoli AS Tax Rate % Related Terms

Tivoli AS Tax Rate % Historical Data

* Premium members only.

The historical data trend for Tivoli AS'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.

Tivoli AS Tax Rate % Chart

Tivoli AS 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 12.82 25.60 22.32 20.46 22.26

Tivoli AS 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 21.95 22.20 22.04 22.19 21.98
OCSE:TIV
77GF Score
Tivoli AS OCSE:TIV
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tivoli AS Tax Rate % Calculation

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

Tivoli AS'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 )
=34.8/156.3
=22.26 %

Tivoli AS'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 )
=-30/-136.5
=21.98 %

* 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 21.98% mean?
Tivoli AS (OCSE:TIV) has a Tax Rate % of 21.98% as of Mar. 2026.
Is Tivoli AS's Tax Rate % too high?
Tivoli AS's current Tax Rate % is 21.98%. Overall, Tivoli AS has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tivoli AS's Tax Rate % compare to AS and HAS?
Tivoli AS's Tax Rate % of 21.98% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Tax Rate % depends on the Travel & Leisure 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. Tivoli AS's current Tax Rate % is 21.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tivoli AS stock overvalued right now?
Based on GuruFocus' analysis, Tivoli AS (OCSE:TIV) is currently considered Modestly Undervalued. The stock's GF Value™ is kr744.18, compared to a current price of kr630.00 — trading 15.3% below its estimated fair value. The current Tax Rate % is 21.98%. Tivoli AS's overall GF Score™ is 77/100 with 1 warning sign 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 Tivoli AS (OCSE:TIV), the current Tax Rate % is 21.98% 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 Tivoli AS (OCSE:TIV) Overvalued in 2026?

Based on GuruFocus' analysis, Tivoli AS stock appears to be undervalued. The current stock price of kr630.00 is trading 15.3% below its estimated GF Value™ of kr744.18. GuruFocus considers Tivoli AS to be Modestly Undervalued.

Key valuation signals for OCSE:TIV:

  • Tax Rate %: 21.98%
  • GF Value™: kr744.18 vs. price of kr630.00 (15.3% below fair value)
  • GF Score™: 77/100 with 1 warning sign

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

Tivoli AS Business Description

Address Vesterbrogade 3, Copenhagen, DNK, 1630
Tivoli AS operates Tivoli amusement park, located in central Copenhagen. It provides services like rides, music, entertainment, food, and drink. Its amusement park includes a green park, a concert hall, a theatre, and a circus. The company operates in six business segments: Games, Food & Beverage, High-End, Enterprise Rental, Sales, and Culture. It generates the majority of its revenue from the Sales segment.
77GF Score

Get the complete analysis for OCSE:TIV

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

kr630.00
Price
kr744.18
GF Value