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.
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.
Pretax income is the income that a company earns before paying income taxes. Fundo Investimento Imobiliario SC 401's pretax income for the
six
months ended in Dec. 2025 was R$5.82 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was R$5.82 Mil.
Fundo Investimento Imobiliario SC 401's pretax margin was 46.25%.
During the past 13 years, Fundo Investimento Imobiliario SC 401's highest Pretax Margin was 207.03%. The lowest was -815.38%. And the median was 46.25%.
Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Pre-Tax Income Explanation
Fundo Investimento Imobiliario SC 401's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as
During the past 13 years, Fundo Investimento Imobiliario SC 401's highest Pretax Margin was 207.03%. The lowest was -815.38%. And the median was 46.25%.
* 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.
Fundo Investimento Imobiliario SC 401 Pre-Tax Income Related Terms
Fundo Investimento Imobiliario SC 401 Pre-Tax Income Historical Data
* 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.
Fundo Investimento Imobiliario SC 401 Pre-Tax Income Chart
BSP:FISC11 vs VICI, WPC: Pre-Tax Income Comparison
For the REIT - Diversified subindustry, Fundo Investimento Imobiliario SC 401's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fundo Investimento Imobiliario SC 401 Pre-Tax Income vs REITs Industry
For stock reported annually, GuruFocus uses latest annual data as the TTM data. Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2025 was R$5.82 Mil.
* 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.
Fundo Investimento Imobiliario SC 401 (BSP:FISC11) has a Pre-Tax Income of R$5.82 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Fundo Investimento Imobiliario SC 401 and its competitors.
Is Fundo Investimento Imobiliario SC 401's Pre-Tax Income too high?
Fundo Investimento Imobiliario SC 401's current Pre-Tax Income is R$5.82 Mil. Overall, Fundo Investimento Imobiliario SC 401 has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario SC 401's Pre-Tax Income compare to VICI and WPC?
Fundo Investimento Imobiliario SC 401's Pre-Tax Income of R$5.82 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a REITs company?
A good Pre-Tax Income depends on the REITs industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Fundo Investimento Imobiliario SC 401 and its competitors. Fundo Investimento Imobiliario SC 401's current Pre-Tax Income is R$5.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario SC 401 stock overvalued right now?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 (BSP:FISC11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$96.61, compared to a current price of R$61.01 — trading 36.8% below its estimated fair value. The current Pre-Tax Income is R$5.82 Mil. Fundo Investimento Imobiliario SC 401's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Fundo Investimento Imobiliario SC 401 (BSP:FISC11), the current Pre-Tax Income is R$5.82 Mil as of Dec. 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.
Is Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 stock appears to be undervalued.
The current stock price of R$61.01 is trading 36.8% below its estimated GF Value™ of R$96.61.
GuruFocus considers Fundo Investimento Imobiliario SC 401 to be Significantly Undervalued.
Key valuation signals for BSP:FISC11:
Pre-Tax Income: R$5.82 Mil
GF Value™: R$96.61 vs. price of R$61.01 (36.8% below fair value)
No single metric tells the full story. See the BSP:FISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fundo Investimento Imobiliario SC 401 Business Description
Fundo Investimento Imobiliario SC 401 is a structured fund operated by UNITS BR-CAPITAL. The fund owns stores and office complexes for the lease of Square SC, a multipurpose development located in Florianopolis/SC, and Mall W Tower, a mall located in Caxias do Sul/RS. The fund owns stores and corporate offices in Square SC, in addition to owning the rotating parking lot and owns stores in the Mall W Tower and the rotating parking in the Mall.
71GF Score
Get the complete analysis for BSP:FISC11
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:FISC11 has been successfully added to your 
