Storage King GroupASX:SKG -1.91%42 Pretax Margin % is 59.30% as of Dec. 2025, which is 26% above its 10-year median of 47.25. GuruFocus rates ASX:SKG with a GF Score™ of 42/100 and a GF Value™ of A$1.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 929 REITs companies, Storage King Group ranks better than 90.53% on this metric.
The historical rank and industry rank for Storage King Group's Pretax Margin % or its related term are showing as below:
ASX:SKG'
s Pretax Margin % Range Over the Past 10 Years
Min: 33.78 Med: 47.25 Max: 119.17
Current: 118.5
ASX:SKG's Pretax Margin % is ranked better than 90.53% of 929
companies
in the REITs industry
Industry Median: 46.7
vs ASX:SKG: 118.50
Storage King Group (ASX:SKG) Pretax Margin % Explanation
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.
Storage King Group Pretax Margin % Related Terms
Storage King Group Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Storage King Group'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:SKG vs PLD, PSA, EXR: Pretax Margin % Comparison
For the REIT - Industrial subindustry, Storage King Group'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.
Storage King Group Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Storage King Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Storage King Group'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.
Storage King Group (ASX:SKG) has a Pretax Margin % of 59.30% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Storage King Group and its competitors. This is 26% above median its historical median of 47.25. Over the past decade, Storage King Group's Pretax Margin % has ranged from 33.78 to 119.17. According to the industry distribution chart, Storage King Group ranks #88 out of 929 companies in the REITs industry, placing it in the top 9.5%.
Is Storage King Group's Pretax Margin % too high?
Storage King Group's current Pretax Margin % of 59.30% is 26% above median its 10-year median of 47.25. Over the past 10 years, this metric has ranged from a low of 33.78 to a high of 119.17. The REITs industry median Pretax Margin % is 46.70. Storage King Group's value of 59.30% is 27% above this industry median. Based on the distribution chart, Storage King Group ranks #88 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Storage King Group has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Storage King Group's Pretax Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Storage King Group ranks #88 out of 929 companies for Pretax Margin %. This places Storage King Group in the top 10% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.70. Storage King Group's value of 59.30% is 27% above this benchmark. Historically, Storage King Group's own Pretax Margin % has ranged from 33.78 to 119.17 over the past decade. While the company's 10-year median is 47.25 vs. the industry median of 46.70, Storage King Group 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 46.70, based on 929 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. Storage King Group's current Pretax Margin % of 59.30% is 27% 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 Storage King Group and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Storage King Group's current Pretax Margin % is 59.30%, which is 26% above median its own 10-year median of 47.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Storage King Group stock overvalued right now?
Based on GuruFocus' analysis, Storage King Group (ASX:SKG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.53, compared to a current price of A$1.29 — trading 16% below its estimated fair value. The current Pretax Margin % is 59.30%, which is 26% above median its 10-year median of 47.25 and 27% above the REITs industry median of 46.70. Storage King Group's overall GF Score™ is 42/100 with 4 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 Storage King Group (ASX:SKG), the current Pretax Margin % is 59.30% 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 Storage King Group (ASX:SKG) Overvalued in 2026?
Based on GuruFocus' analysis, Storage King Group stock appears to be undervalued.
The current stock price of A$1.29 is trading 16% below its estimated GF Value™ of A$1.53.
GuruFocus considers Storage King Group to be Modestly Undervalued.
Key valuation signals for ASX:SKG:
Pretax Margin %: 59.30% (26% above median its 10-year median of 47.25)
GF Value™: A$1.53 vs. price of A$1.29 (16% below fair value)
Industry Position: 27% above the REITs median (#88 of 929)
No single metric tells the full story. See the ASX:SKG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abacus Storage King is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.
42GF Score
Get the complete analysis for ASX:SKG
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
ASX:SKG has been successfully added to your 