Mfc-Nichada Thani Property Fund (BKK:MNIT) Pretax Margin %: 58.83% (As of Mar. 2026) — 81% Above Median


BKK:MNIT Mfc-Nichada Thani Property Fund BKK:MNIT
84 GF Score
Price ฿1.95
GF Value ฿2.41
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Mfc-Nichada Thani Property Fund Pretax Margin %?

Mfc-Nichada Thani Property Fund BKK:MNIT +1.56% 84 Pretax Margin % is 58.83% as of Mar. 2026, which is 81% above its 10-year median of 32.56. GuruFocus rates BKK:MNIT with a GF Score™ of 84/100 and a GF Value™ of ฿2.41 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 925 REITs companies, Mfc-Nichada Thani Property Fund ranks better than 60% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mfc-Nichada Thani Property Fund's Pre-Tax Income for the three months ended in Mar. 2026 was ฿5.07 Mil. Mfc-Nichada Thani Property Fund's Revenue for the three months ended in Mar. 2026 was ฿8.61 Mil. Therefore, Mfc-Nichada Thani Property Fund's pretax margin for the quarter that ended in Mar. 2026 was 58.83%.

The historical rank and industry rank for Mfc-Nichada Thani Property Fund's Pretax Margin % or its related term are showing as below:

BKK:MNIT' s Pretax Margin % Range Over the Past 10 Years
Min: -34.71   Med: 32.56   Max: 73.54
Current: 61.97


BKK:MNIT's Pretax Margin % is ranked better than
60% of 925 companies
in the REITs industry
Industry Median: 46.65 vs BKK:MNIT: 61.97

Mfc-Nichada Thani Property Fund  (BKK:MNIT) 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.


Mfc-Nichada Thani Property Fund Pretax Margin % Related Terms


Mfc-Nichada Thani Property Fund Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Mfc-Nichada Thani Property Fund'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.

Mfc-Nichada Thani Property Fund Pretax Margin % Chart

Mfc-Nichada Thani Property Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.35 40.02 73.54 61.20 61.41

Mfc-Nichada Thani Property Fund Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % 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 56.61 81.05 54.12 53.64 58.83

BKK:MNIT vs AVB, EQR, ESS: Pretax Margin % Comparison

For the REIT - Residential subindustry, Mfc-Nichada Thani Property Fund'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.


Mfc-Nichada Thani Property Fund Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Mfc-Nichada Thani Property Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mfc-Nichada Thani Property Fund's Pretax Margin % falls into.


BKK:MNIT
84GF Score
Mfc-Nichada Thani Property Fund BKK:MNIT
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mfc-Nichada Thani Property Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Mfc-Nichada Thani Property Fund's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=21.351/34.767
=61.41 %

Mfc-Nichada Thani Property Fund's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=5.066/8.611
=58.83 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 58.83% mean?
Mfc-Nichada Thani Property Fund (BKK:MNIT) has a Pretax Margin % of 58.83% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mfc-Nichada Thani Property Fund and its competitors. This is 81% above median its historical median of 32.56. According to the industry distribution chart, Mfc-Nichada Thani Property Fund ranks #370 out of 925 companies in the REITs industry, placing it in the top 40%.
Is Mfc-Nichada Thani Property Fund's Pretax Margin % too high?
Mfc-Nichada Thani Property Fund's current Pretax Margin % of 58.83% is 81% above median its 10-year median of 32.56. The REITs industry median Pretax Margin % is 46.65. Mfc-Nichada Thani Property Fund's value of 58.83% is 26.1% above this industry median. Based on the distribution chart, Mfc-Nichada Thani Property Fund ranks #370 out of 925 companies in the REITs industry, which is above the industry midpoint. Overall, Mfc-Nichada Thani Property Fund has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mfc-Nichada Thani Property Fund's Pretax Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Mfc-Nichada Thani Property Fund ranks #370 out of 925 companies for Pretax Margin %. This puts Mfc-Nichada Thani Property Fund in the upper half of its industry. The industry median Pretax Margin % is 46.65. Mfc-Nichada Thani Property Fund's value of 58.83% is 26.1% above this benchmark. While the company's 10-year median is 32.56 vs. the industry median of 46.65, Mfc-Nichada Thani Property Fund 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 46.65, based on 925 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. Mfc-Nichada Thani Property Fund's current Pretax Margin % of 58.83% is 26.1% 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 Mfc-Nichada Thani Property Fund and its competitors. For the REITs industry, the median Pretax Margin % is 46.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mfc-Nichada Thani Property Fund's current Pretax Margin % is 58.83%, which is 81% above median its own 10-year median of 32.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfc-Nichada Thani Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Mfc-Nichada Thani Property Fund (BKK:MNIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.41, compared to a current price of ฿1.95 — trading 19.1% below its estimated fair value. The current Pretax Margin % is 58.83%, which is 81% above median its 10-year median of 32.56 and 26.1% above the REITs industry median of 46.65. Mfc-Nichada Thani Property Fund's overall GF Score™ is 84/100 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 Mfc-Nichada Thani Property Fund (BKK:MNIT), the current Pretax Margin % is 58.83% 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 Mfc-Nichada Thani Property Fund (BKK:MNIT) Overvalued in 2026?

Based on GuruFocus' analysis, Mfc-Nichada Thani Property Fund stock appears to be undervalued. The current stock price of ฿1.95 is trading 19.1% below its estimated GF Value™ of ฿2.41. GuruFocus considers Mfc-Nichada Thani Property Fund to be Modestly Undervalued.

Key valuation signals for BKK:MNIT:

  • Pretax Margin %: 58.83% (81% above median its 10-year median of 32.56)
  • GF Value™: ฿2.41 vs. price of ฿1.95 (19.1% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 26.1% above the REITs median (#370 of 925)

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


Mfc-Nichada Thani Property Fund Business Description

Industry Real EstateREITs
Address Ratchadaphisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey Sub-District, Klongtoey District, Bangkok, THA, 10110
Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand.
84GF Score

Get the complete analysis for BKK:MNIT

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.95
Price
฿2.41
GF Value