Centuria Office REITASX:COF 69 Pretax Margin % is 77.89% as of Dec. 2025, which is 61% above its 10-year median of 48.38. GuruFocus rates ASX:COF with a GF Score™ of 69/100 and a GF Value™ of A$1.17 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 931 REITs companies, Centuria Office REIT ranks worse than 58% 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.
Centuria Office REIT Pretax Margin % Related Terms
Centuria Office REIT Pretax Margin % Historical Data
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The historical data trend for Centuria Office REIT's Pretax Margin % 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.
ASX:COF vs BXP, ARE, VNO: Pretax Margin % Comparison
For the REIT - Office subindustry, Centuria Office 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.
Centuria Office REIT Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Centuria Office REIT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Centuria Office 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.
Centuria Office REIT (ASX:COF) has a Pretax Margin % of 77.89% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Centuria Office REIT and its competitors. This is 61% above median its historical median of 48.38. According to the industry distribution chart, Centuria Office REIT ranks #540 out of 931 companies in the REITs industry, placing it in the top 58%.
Is Centuria Office REIT's Pretax Margin % too high?
Centuria Office REIT's current Pretax Margin % of 77.89% is 61% above median its 10-year median of 48.38. The REITs industry median Pretax Margin % is 46.93. Centuria Office REIT's value of 77.89% is 66% above this industry median. Based on the distribution chart, Centuria Office REIT ranks #540 out of 931 companies in the REITs industry, which is below the industry midpoint. Overall, Centuria Office REIT has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Centuria Office REIT's Pretax Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Centuria Office REIT ranks #540 out of 931 companies for Pretax Margin %. This places Centuria Office REIT in the lower half of its industry. The industry median Pretax Margin % is 46.93. Centuria Office REIT's value of 77.89% is 66% above this benchmark. While the company's 10-year median is 48.38 vs. the industry median of 46.93, Centuria Office 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 931 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. Centuria Office REIT's current Pretax Margin % of 77.89% is 66% 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 Centuria Office 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. Centuria Office REIT's current Pretax Margin % is 77.89%, which is 61% above median its own 10-year median of 48.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centuria Office REIT stock overvalued right now?
Based on GuruFocus' analysis, Centuria Office REIT (ASX:COF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.17, compared to a current price of A$0.89 — trading 23.9% below its estimated fair value. The current Pretax Margin % is 77.89%, which is 61% above median its 10-year median of 48.38 and 66% above the REITs industry median of 46.93. Centuria Office REIT's overall GF Score™ is 69/100 with 8 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 Centuria Office REIT (ASX:COF), the current Pretax Margin % is 77.89% 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 Centuria Office REIT (ASX:COF) Overvalued in 2026?
Based on GuruFocus' analysis, Centuria Office REIT stock appears to be undervalued.
The current stock price of A$0.89 is trading 23.9% below its estimated GF Value™ of A$1.17.
GuruFocus considers Centuria Office REIT to be Modestly Undervalued.
Key valuation signals for ASX:COF:
Pretax Margin %: 77.89% (61% above median its 10-year median of 48.38)
GF Value™: A$1.17 vs. price of A$0.89 (23.9% below fair value)
Industry Position: 66% above the REITs median (#540 of 931)
No single metric tells the full story. See the ASX:COF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Centuria Office REIT is an externally managed real estate investment vehicle. The trust holds a portfolio of office buildings and passes most of the income generated from leasing out these properties to unitholders. Centuria Office focuses on suburban offices, with nearly the entire portfolio located in major Australian capital cities and rated modern A grade.The external manager, Centuria Capital Group, receives fees from Centuria Office in exchange for leasing, property management, and development management services, and retains a 19% interest in the trust. Centuria Office REIT was originally called Centuria Metropolitan REIT. It was renamed in 2020 after selling its industrial assets and becoming a pure-play office REIT.
69GF Score
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