CDEVF (City Developments) Pre-Tax Income: $598 Mil (TTM As of Dec. 2025)


CDEVF City Developments Ltd CDEVF
57 GF Score
Price $6.49
GF Value $2.49
Valuation Significantly Overvalued
! 7 Warning Signs
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What is City Developments Pre-Tax Income?

City Developments CDEVF -3.85% 57 Pre-Tax Income is $598 Mil as of Dec. 2025. GuruFocus rates CDEVF with a GF Score™ of 57/100 and a GF Value™ of $2.49 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. City Developments's pretax income for the six months ended in Dec. 2025 was $489 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was $598 Mil. City Developments's pretax margin was 33.26%.

During the past 13 years, City Developments's highest Pretax Margin was 56.38%. The lowest was -84.94%. And the median was 20.33%.


City Developments  (OTCPK:CDEVF) Pre-Tax Income Explanation

City Developments's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=489.376/1471.448
=33.26%

During the past 13 years, City Developments's highest Pretax Margin was 56.38%. The lowest was -84.94%. And the median was 20.33%.

* 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.


City Developments Pre-Tax Income Related Terms


City Developments Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for City Developments's Pre-Tax Income 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.

City Developments Pre-Tax Income Chart

City Developments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.55 1,373.55 354.75 276.97 597.74

City Developments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pre-Tax Income 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 219.98 114.97 161.90 109.06 489.38

City Developments Pre-Tax Income Competitor Comparison

For the Real Estate - Development subindustry, City Developments'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.


City Developments Pre-Tax Income vs Real Estate Industry

For the Real Estate industry and Real Estate sector, City Developments's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where City Developments's Pre-Tax Income falls into.


CDEVF
57GF Score
City Developments Ltd CDEVF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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City Developments Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

City Developments's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=227.372+0+-354.077+70.73+653.713
=598

City Developments's Pretax Income for the quarter that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=89.167+0+-169.12+41.135+528.194
=489

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $598 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $598 Mil mean?
City Developments (CDEVF) has a Pre-Tax Income of $598 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 City Developments and its competitors.
Is City Developments' Pre-Tax Income too high?
City Developments' current Pre-Tax Income is $598 Mil. Overall, City Developments has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does City Developments' Pre-Tax Income compare to competitors?
City Developments' Pre-Tax Income of $598 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Pre-Tax Income depends on the Real Estate 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 City Developments and its competitors. City Developments's current Pre-Tax Income is $598 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Developments stock overvalued right now?
Based on GuruFocus' analysis, City Developments (CDEVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.49, compared to a current price of $6.49 — trading 160.6% above its estimated fair value. The current Pre-Tax Income is $598 Mil. City Developments' overall GF Score™ is 57/100 with 7 warning signs 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 City Developments (CDEVF), the current Pre-Tax Income is $598 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 City Developments (CDEVF) Overvalued in 2026?

Based on GuruFocus' analysis, City Developments stock appears to be overvalued. The current stock price of $6.49 is trading 160.6% above its estimated GF Value™ of $2.49. GuruFocus considers City Developments to be Significantly Overvalued.

Key valuation signals for CDEVF:

  • Pre-Tax Income: $598 Mil
  • GF Value™: $2.49 vs. price of $6.49 (160.6% above fair value)
  • GF Score™: 57/100 with 7 warning signs

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


City Developments Business Description

Address 9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619
City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.
57GF Score

Get the complete analysis for CDEVF

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

$6.49
Price
$2.49
GF Value