Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Siamese Asset PCLBKK:SA +0.71%56 Pretax Margin % is 6.00% as of Mar. 2026, which is 45% below its 10-year median of 10.97. GuruFocus rates BKK:SA with a GF Score™ of 56/100 and a GF Value™ of ฿5.70 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,756 Real Estate companies, Siamese Asset PCL ranks worse than 60.14% 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.
Siamese Asset PCL Pretax Margin % Related Terms
Siamese Asset PCL Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Siamese Asset PCL'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.
For the Real Estate - Development subindustry, Siamese Asset PCL'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.
Siamese Asset PCL Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Siamese Asset PCL's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Siamese Asset PCL'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.
Siamese Asset PCL (BKK:SA) has a Pretax Margin % of 6.00% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Siamese Asset PCL and its competitors. This is 45% below median its historical median of 10.97. Over the past decade, Siamese Asset PCL's Pretax Margin % has ranged from 6.34 to 27.35. According to the industry distribution chart, Siamese Asset PCL ranks #1056 out of 1756 companies in the Real Estate industry, placing it in the top 60.1%.
Is Siamese Asset PCL's Pretax Margin % too high?
Siamese Asset PCL's current Pretax Margin % of 6.00% is 45% below median its 10-year median of 10.97. Over the past 10 years, this metric has ranged from a low of 6.34 to a high of 27.35. The Real Estate industry median Pretax Margin % is 12.54. Siamese Asset PCL's value of 6.00% is 52.1% below this industry median. Based on the distribution chart, Siamese Asset PCL ranks #1056 out of 1756 companies in the Real Estate industry, which is below the industry midpoint. Overall, Siamese Asset PCL has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siamese Asset PCL's Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, Siamese Asset PCL ranks #1056 out of 1756 companies for Pretax Margin %. This places Siamese Asset PCL in the lower half of its industry. The industry median Pretax Margin % is 12.54. Siamese Asset PCL's value of 6.00% is 52.1% below this benchmark. Historically, Siamese Asset PCL's own Pretax Margin % has ranged from 6.34 to 27.35 over the past decade. While the company's 10-year median is 10.97 vs. the industry median of 12.54, Siamese Asset PCL has consistently been below 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.54, based on 1,756 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. Siamese Asset PCL's current Pretax Margin % of 6.00% is 52.1% below 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 Siamese Asset PCL and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamese Asset PCL's current Pretax Margin % is 6.00%, which is 45% below median its own 10-year median of 10.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamese Asset PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamese Asset PCL (BKK:SA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿5.70, compared to a current price of ฿7.10 — trading 24.6% above its estimated fair value. The current Pretax Margin % is 6.00%, which is 45% below median its 10-year median of 10.97 and 52.1% below the Real Estate industry median of 12.54. Siamese Asset PCL's overall GF Score™ is 56/100 with 11 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 Siamese Asset PCL (BKK:SA), the current Pretax Margin % is 6.00% 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 Siamese Asset PCL (BKK:SA) Overvalued in 2026?
Based on GuruFocus' analysis, Siamese Asset PCL stock appears to be overvalued.
The current stock price of ฿7.10 is trading 24.6% above its estimated GF Value™ of ฿5.70.
GuruFocus considers Siamese Asset PCL to be Modestly Overvalued.
Key valuation signals for BKK:SA:
Pretax Margin %: 6.00% (45% below median its 10-year median of 10.97)
GF Value™: ฿5.70 vs. price of ฿7.10 (24.6% above fair value)
Industry Position: 52.1% below the Real Estate median (#1056 of 1756)
No single metric tells the full story. See the BKK:SA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siamese Asset PCL is involved in the real estate business. The operations of the Company are property development for sale and management of real estate development projects and providing consulting and management services to the Group. The company's operating segment includes the Real estate development segment, Service segment, Hotel segment, and Rental segment. The company generates the majority of its revenue from the Real estate development segment, which is engaged in the real estate development business, which includes single houses, townhouses, and condominiums.
56GF Score
Get the complete analysis for BKK:SA
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
BKK:SA has been successfully added to your 
