Italpinas Development (PHS:IDC) Pre-Tax Income: ₱354.4 Mil (TTM As of Mar. 2026)

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PHS:IDC Italpinas Development Corp PHS:IDC
67 GF Score
Price ₱0.69
GF Value ₱1.39
Valuation Possible Value Trap
! 8 Warning Signs
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What is Italpinas Development Pre-Tax Income?

Italpinas Development PHS:IDC 67 Pre-Tax Income is ₱354.4 Mil as of Mar. 2026. GuruFocus rates PHS:IDC with a GF Score™ of 67/100 and a GF Value™ of ₱1.39 (Possible Value Trap). The stock has 8 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Italpinas Development's pretax income for the three months ended in Mar. 2026 was ₱29.2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was ₱354.4 Mil. Italpinas Development's pretax margin was 31.73%.

During the past 13 years, Italpinas Development's highest Pretax Margin was 77.80%. The lowest was 14.89%. And the median was 56.98%.


Italpinas Development  (PHS:IDC) Pre-Tax Income Explanation

Italpinas Development's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=29.167/91.909
=31.73%

During the past 13 years, Italpinas Development's highest Pretax Margin was 77.80%. The lowest was 14.89%. And the median was 56.98%.

* 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.


Italpinas Development Pre-Tax Income Related Terms


Italpinas Development Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Italpinas Development'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.

Italpinas Development Pre-Tax Income Chart

Italpinas Development 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 117.82 141.28 216.29 470.10 340.17

Italpinas Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.95 8.12 9.51 307.58 29.17

PHS:IDC vs CBRE, BEKE, JLL: Pre-Tax Income Comparison

For the Real Estate Services subindustry, Italpinas Development'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.


Italpinas Development Pre-Tax Income vs Real Estate Industry

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

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


PHS:IDC
67GF Score
Italpinas Development Corp PHS:IDC
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Italpinas Development Pre-Tax Income Calculation

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

Italpinas Development'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
=212.105+0+-72.394+0.483+199.973
=340.2

Italpinas Development's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=41.43+0+-16.071+0.022+3.786
=29.2

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱354.4 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 ₱354.4 Mil mean?
Italpinas Development (PHS:IDC) has a Pre-Tax Income of ₱354.4 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Italpinas Development and its competitors.
Is Italpinas Development's Pre-Tax Income too high?
Italpinas Development's current Pre-Tax Income is ₱354.4 Mil. Overall, Italpinas Development has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Italpinas Development's Pre-Tax Income compare to CBRE and BEKE?
Italpinas Development's Pre-Tax Income of ₱354.4 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 Italpinas Development and its competitors. Italpinas Development's current Pre-Tax Income is ₱354.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italpinas Development stock overvalued right now?
Based on GuruFocus' analysis, Italpinas Development (PHS:IDC) is currently considered Possible Value Trap. The stock's GF Value™ is ₱1.39, compared to a current price of ₱0.69 — trading 50.4% below its estimated fair value. The current Pre-Tax Income is ₱354.4 Mil. Italpinas Development's overall GF Score™ is 67/100 with 8 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 Italpinas Development (PHS:IDC), the current Pre-Tax Income is ₱354.4 Mil 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 Italpinas Development (PHS:IDC) Overvalued in 2026?

Based on GuruFocus' analysis, Italpinas Development stock appears to be undervalued. The current stock price of ₱0.69 is trading 50.4% below its estimated GF Value™ of ₱1.39. GuruFocus considers Italpinas Development to be Possible Value Trap.

Key valuation signals for PHS:IDC:

  • Pre-Tax Income: ₱354.4 Mil
  • GF Value™: ₱1.39 vs. price of ₱0.69 (50.4% below fair value)
  • GF Score™: 67/100 with 8 warning signs

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


Italpinas Development Business Description

Address 6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28th Floor, Metro Manila, Makati, RIZ, PHL, 1226
Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties. The company is organized into one reportable segment which is the development and sale of real estate. It also has one geographical segment and derives all its revenues from domestic operations.
67GF Score

Get the complete analysis for PHS:IDC

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

₱0.69
Price
₱1.39
GF Value