CapitaLand Ascendas REITACDSF +8.06%81 Pretax Margin % is 65.28% as of Dec. 2025, which is 26% above its 10-year median of 51.74. GuruFocus rates ACDSF with a GF Score™ of 81/100 and a GF Value™ of $1.84 (Fairly Valued). The stock has 9 warning signs investors should review. Among 927 REITs companies, CapitaLand Ascendas REIT ranks better than 55.12% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
CapitaLand Ascendas REIT Pretax Margin % Related Terms
CapitaLand Ascendas REIT Pretax Margin % 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.
ACDSF vs PLD, PSA, EXR: Pretax Margin % Comparison
For the REIT - Industrial subindustry, CapitaLand Ascendas REIT's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
CapitaLand Ascendas REIT Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, CapitaLand Ascendas REIT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where CapitaLand Ascendas REIT's Pretax Margin % falls into.
* 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.
CapitaLand Ascendas REIT (ACDSF) has a Pretax Margin % of 65.28% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CapitaLand Ascendas REIT and its competitors. This is 26% above median its historical median of 51.74. Over the past decade, CapitaLand Ascendas REIT's Pretax Margin % has ranged from 10.94 to 85.08. According to the industry distribution chart, CapitaLand Ascendas REIT ranks #416 out of 927 companies in the REITs industry, placing it in the top 44.9%.
Is CapitaLand Ascendas REIT's Pretax Margin % too high?
CapitaLand Ascendas REIT's current Pretax Margin % of 65.28% is 26% above median its 10-year median of 51.74. Over the past 10 years, this metric has ranged from a low of 10.94 to a high of 85.08. The REITs industry median Pretax Margin % is 46.93. CapitaLand Ascendas REIT's value of 65.28% is 39.1% above this industry median. Based on the distribution chart, CapitaLand Ascendas REIT ranks #416 out of 927 companies in the REITs industry, which is above the industry midpoint. Overall, CapitaLand Ascendas REIT has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Ascendas REIT's Pretax Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, CapitaLand Ascendas REIT ranks #416 out of 927 companies for Pretax Margin %. This puts CapitaLand Ascendas REIT in the upper half of its industry. The industry median Pretax Margin % is 46.93. CapitaLand Ascendas REIT's value of 65.28% is 39.1% above this benchmark. Historically, CapitaLand Ascendas REIT's own Pretax Margin % has ranged from 10.94 to 85.08 over the past decade. While the company's 10-year median is 51.74 vs. the industry median of 46.93, CapitaLand Ascendas REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CapitaLand Ascendas REIT's current Pretax Margin % of 65.28% is 39.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CapitaLand Ascendas REIT and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand Ascendas REIT's current Pretax Margin % is 65.28%, which is 26% above median its own 10-year median of 51.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand Ascendas REIT stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT (ACDSF) is currently considered Fairly Valued. The stock's GF Value™ is $1.84, compared to a current price of $1.95 — trading 5.7% above its estimated fair value. The current Pretax Margin % is 65.28%, which is 26% above median its 10-year median of 51.74 and 39.1% above the REITs industry median of 46.93. CapitaLand Ascendas REIT's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For CapitaLand Ascendas REIT (ACDSF), the current Pretax Margin % is 65.28% 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 CapitaLand Ascendas REIT (ACDSF) Overvalued in 2026?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT stock appears to be overvalued.
The current stock price of $1.95 is trading 5.7% above its estimated GF Value™ of $1.84.
GuruFocus considers CapitaLand Ascendas REIT to be Fairly Valued.
Key valuation signals for ACDSF:
Pretax Margin %: 65.28% (26% above median its 10-year median of 51.74)
GF Value™: $1.84 vs. price of $1.95 (5.7% above fair value)
Industry Position: 39.1% above the REITs median (#416 of 927)
No single metric tells the full story. See the ACDSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2025, it held a SGD 18.2 billion portfolio of 222 properties across Singapore, Australia, Europe, and the US. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns a 17.5% stake in the trust.
81GF Score
Get the complete analysis for ACDSF
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ACDSF has been successfully added to your 
