VEOM Group (XPAR:ALVG) Tax Rate %: 22.71% (As of Jun. 2025)

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What is VEOM Group Tax Rate %?

VEOM Group XPAR:ALVG Tax Rate % is 22.71% as of Jun. 2025. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. VEOM Group's Tax Expense for the six months ended in Jun. 2025 was €-0.46 Mil. VEOM Group's Pre-Tax Income for the six months ended in Jun. 2025 was €-2.02 Mil. Therefore, VEOM Group's Tax Rate % for the quarter that ended in Jun. 2025 was 22.71%.

VEOM Group Tax Rate % Related Terms

VEOM Group Tax Rate % Historical Data

* Premium members only.

The historical data trend for VEOM Group'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.

VEOM Group Tax Rate % Chart

VEOM Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.04 -0.68 -15.87 23.99 19.58

VEOM Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 20.17 29.84 21.11 18.21 22.71

VEOM Group Tax Rate % Calculation

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

VEOM Group's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=-0.947/-4.836
=19.58 %

VEOM Group's Tax Rate % for the quarter that ended in Jun. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2025 )/Pre-Tax Income (Q: Jun. 2025 )
=-0.459/-2.021
=22.71 %

* 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 22.71% mean?
VEOM Group (XPAR:ALVG) has a Tax Rate % of 22.71% as of Jun. 2025.
Is VEOM Group's Tax Rate % too high?
VEOM Group's current Tax Rate % is 22.71%.
How does VEOM Group's Tax Rate % compare to AAPL?
VEOM Group's Tax Rate % of 22.71% can be compared against companies in the Hardware 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 Hardware company?
A good Tax Rate % depends on the Hardware 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. VEOM Group's current Tax Rate % is 22.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VEOM Group stock overvalued right now?
VEOM Group (XPAR:ALVG) has a current Tax Rate % of 22.71%. The stock's GF Value™ is €0.11, compared to a current price of €0.03 — trading 76.5% below its estimated fair value. The current Tax Rate % is 22.71%. 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 VEOM Group (XPAR:ALVG), the current Tax Rate % is 22.71% as of Jun. 2025. 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.

VEOM Group Business Description

Address 93, Place Pierre Duhem, Montpellier, FRA, 34000
VEOM Group formerly Cabasse Group is a provider of Smart Home products and services. The company's products are classified under smart audio; home automation; and security and electricity that consists of range of security solutions such as cameras, videophones, alarms, detectors connected to a single ecosystem as well as a wide range of essential electrical accessories for the home such as cords, plugs, sockets, cables.