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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.
KTBST Mixed Freehold and Leasehold REIT Pretax Margin % Related Terms
KTBST Mixed Freehold and Leasehold 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.
KTBST Mixed Freehold and Leasehold REIT Pretax Margin % Chart
KTBST Mixed Freehold and Leasehold REIT Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Pretax Margin %
80.64
71.69
59.31
60.85
45.93
KTBST Mixed Freehold and Leasehold REIT Quarterly Data
BKK:KTBSTMR vs VICI, WPC, BNL: Pretax Margin % Comparison
For the REIT - Diversified subindustry, KTBST Mixed Freehold and Leasehold 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.
KTBST Mixed Freehold and Leasehold REIT Pretax Margin % vs REITs Industry
* 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.
KTBST Mixed Freehold and Leasehold REIT (BKK:KTBSTMR) has a Pretax Margin % of 54.79% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on KTBST Mixed Freehold and Leasehold REIT and its competitors. This is 10% below median its historical median of 60.85. Over the past decade, KTBST Mixed Freehold and Leasehold REIT's Pretax Margin % has ranged from 45.93 to 80.64. According to the industry distribution chart, KTBST Mixed Freehold and Leasehold REIT ranks #463 out of 920 companies in the REITs industry, placing it in the top 50.3%.
Is KTBST Mixed Freehold and Leasehold REIT's Pretax Margin % too high?
KTBST Mixed Freehold and Leasehold REIT's current Pretax Margin % of 54.79% is 10% below median its 10-year median of 60.85. Over the past 10 years, this metric has ranged from a low of 45.93 to a high of 80.64. The REITs industry median Pretax Margin % is 47.98. KTBST Mixed Freehold and Leasehold REIT's value of 54.79% is 14.2% above this industry median. Based on the distribution chart, KTBST Mixed Freehold and Leasehold REIT ranks #463 out of 920 companies in the REITs industry, which is below the industry midpoint. Overall, KTBST Mixed Freehold and Leasehold REIT has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KTBST Mixed Freehold and Leasehold REIT's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, KTBST Mixed Freehold and Leasehold REIT ranks #463 out of 920 companies for Pretax Margin %. This places KTBST Mixed Freehold and Leasehold REIT in the lower half of its industry. The industry median Pretax Margin % is 47.98. KTBST Mixed Freehold and Leasehold REIT's value of 54.79% is 14.2% above this benchmark. Historically, KTBST Mixed Freehold and Leasehold REIT's own Pretax Margin % has ranged from 45.93 to 80.64 over the past decade. While the company's 10-year median is 60.85 vs. the industry median of 47.98, KTBST Mixed Freehold and Leasehold 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 47.98, based on 920 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. KTBST Mixed Freehold and Leasehold REIT's current Pretax Margin % of 54.79% is 14.2% 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 KTBST Mixed Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Pretax Margin % is 47.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KTBST Mixed Freehold and Leasehold REIT's current Pretax Margin % is 54.79%, which is 10% below median its own 10-year median of 60.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KTBST Mixed Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, KTBST Mixed Freehold and Leasehold REIT (BKK:KTBSTMR) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.11, compared to a current price of ฿6.40 — trading 4.7% above its estimated fair value. The current Pretax Margin % is 54.79%, which is 10% below median its 10-year median of 60.85 and 14.2% above the REITs industry median of 47.98. KTBST Mixed Freehold and Leasehold REIT's overall GF Score™ is 52/100 with 2 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 KTBST Mixed Freehold and Leasehold REIT (BKK:KTBSTMR), the current Pretax Margin % is 54.79% as of Jun. 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 KTBST Mixed Freehold and Leasehold REIT (BKK:KTBSTMR) Overvalued in 2026?
Based on GuruFocus' analysis, KTBST Mixed Freehold and Leasehold REIT stock appears to be overvalued.
The current stock price of ฿6.40 is trading 4.7% above its estimated GF Value™ of ฿6.11.
GuruFocus considers KTBST Mixed Freehold and Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:KTBSTMR:
Pretax Margin %: 54.79% (10% below median its 10-year median of 60.85)
GF Value™: ฿6.11 vs. price of ฿6.40 (4.7% above fair value)
Industry Position: 14.2% above the REITs median (#463 of 920)
No single metric tells the full story. See the BKK:KTBSTMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KTBST Mixed Freehold and Leasehold REIT is a real estate investment trust. It invests in leasehold rights, and sublease rights such as warehouse buildings, Office buildings and shopping centers building community malls, and others. The Trust's objective is to raise funds from investor which use the proceeds from the offering of trust units and loan from the financial institution (if any) to invest in main assets.
52GF Score
Get the complete analysis for BKK:KTBSTMR
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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