Saha Pathana Inter-Holding PCL (BKK:SPI) Pretax Margin %: 61.12% (As of Mar. 2026) — 24% Below Median


BKK:SPI Saha Pathana Inter-Holding PCL BKK:SPI
67 GF Score
Price ฿33.25
GF Value ฿26.39
Valuation Modestly Overvalued
! 12 Warning Signs
View Full Analysis

What is Saha Pathana Inter-Holding PCL Pretax Margin %?

Saha Pathana Inter-Holding PCL BKK:SPI -0.75% 67 Pretax Margin % is 61.12% as of Mar. 2026, which is 24% below its 10-year median of 80.00. GuruFocus rates BKK:SPI with a GF Score™ of 67/100 and a GF Value™ of ฿26.39 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 1,752 Real Estate companies, Saha Pathana Inter-Holding PCL ranks better than 76.77% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Saha Pathana Inter-Holding PCL's Pre-Tax Income for the three months ended in Mar. 2026 was ฿561 Mil. Saha Pathana Inter-Holding PCL's Revenue for the three months ended in Mar. 2026 was ฿919 Mil. Therefore, Saha Pathana Inter-Holding PCL's pretax margin for the quarter that ended in Mar. 2026 was 61.12%.

The historical rank and industry rank for Saha Pathana Inter-Holding PCL's Pretax Margin % or its related term are showing as below:

BKK:SPI' s Pretax Margin % Range Over the Past 10 Years
Min: 40.56   Med: 80   Max: 129.24
Current: 40.56


BKK:SPI's Pretax Margin % is ranked better than
76.77% of 1752 companies
in the Real Estate industry
Industry Median: 12.465 vs BKK:SPI: 40.56

Saha Pathana Inter-Holding PCL  (BKK:SPI) 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.


Saha Pathana Inter-Holding PCL Pretax Margin % Related Terms


Saha Pathana Inter-Holding PCL Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Saha Pathana Inter-Holding 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.

Saha Pathana Inter-Holding PCL Pretax Margin % Chart

Saha Pathana Inter-Holding PCL 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 109.11 78.27 68.77 89.46 53.83

Saha Pathana Inter-Holding PCL 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 94.78 38.01 50.65 18.45 61.12

BKK:SPI vs CBRE, BEKE, JLL: Pretax Margin % Comparison

For the Real Estate Services subindustry, Saha Pathana Inter-Holding 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.


Saha Pathana Inter-Holding PCL Pretax Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Saha Pathana Inter-Holding PCL's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Saha Pathana Inter-Holding PCL's Pretax Margin % falls into.


BKK:SPI
67GF Score
Saha Pathana Inter-Holding PCL BKK:SPI
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saha Pathana Inter-Holding PCL 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.

Saha Pathana Inter-Holding PCL'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 )
=2304.61/4281.122
=53.83 %

Saha Pathana Inter-Holding PCL'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 )
=561.436/918.635
=61.12 %

* 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 61.12% mean?
Saha Pathana Inter-Holding PCL (BKK:SPI) has a Pretax Margin % of 61.12% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Saha Pathana Inter-Holding PCL and its competitors. This is 24% below median its historical median of 80.00. Over the past decade, Saha Pathana Inter-Holding PCL's Pretax Margin % has ranged from 40.56 to 129.24. According to the industry distribution chart, Saha Pathana Inter-Holding PCL ranks #407 out of 1752 companies in the Real Estate industry, placing it in the top 23.2%.
Is Saha Pathana Inter-Holding PCL's Pretax Margin % too high?
Saha Pathana Inter-Holding PCL's current Pretax Margin % of 61.12% is 24% below median its 10-year median of 80.00. Over the past 10 years, this metric has ranged from a low of 40.56 to a high of 129.24. The Real Estate industry median Pretax Margin % is 12.47. Saha Pathana Inter-Holding PCL's value of 61.12% is 390.3% above this industry median. Based on the distribution chart, Saha Pathana Inter-Holding PCL ranks #407 out of 1752 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Saha Pathana Inter-Holding PCL has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saha Pathana Inter-Holding PCL's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Saha Pathana Inter-Holding PCL ranks #407 out of 1752 companies for Pretax Margin %. This places Saha Pathana Inter-Holding PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.47. Saha Pathana Inter-Holding PCL's value of 61.12% is 390.3% above this benchmark. Historically, Saha Pathana Inter-Holding PCL's own Pretax Margin % has ranged from 40.56 to 129.24 over the past decade. While the company's 10-year median is 80.00 vs. the industry median of 12.47, Saha Pathana Inter-Holding PCL 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.47, based on 1,752 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. Saha Pathana Inter-Holding PCL's current Pretax Margin % of 61.12% is 390.3% 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 Saha Pathana Inter-Holding PCL and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saha Pathana Inter-Holding PCL's current Pretax Margin % is 61.12%, which is 24% below median its own 10-year median of 80.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saha Pathana Inter-Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, Saha Pathana Inter-Holding PCL (BKK:SPI) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿26.39, compared to a current price of ฿33.25 — trading 26% above its estimated fair value. The current Pretax Margin % is 61.12%, which is 24% below median its 10-year median of 80.00 and 390.3% above the Real Estate industry median of 12.47. Saha Pathana Inter-Holding PCL's overall GF Score™ is 67/100 with 12 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 Saha Pathana Inter-Holding PCL (BKK:SPI), the current Pretax Margin % is 61.12% 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 Saha Pathana Inter-Holding PCL (BKK:SPI) Overvalued in 2026?

Based on GuruFocus' analysis, Saha Pathana Inter-Holding PCL stock appears to be overvalued. The current stock price of ฿33.25 is trading 26% above its estimated GF Value™ of ฿26.39. GuruFocus considers Saha Pathana Inter-Holding PCL to be Modestly Overvalued.

Key valuation signals for BKK:SPI:

  • Pretax Margin %: 61.12% (24% below median its 10-year median of 80.00)
  • GF Value™: ฿26.39 vs. price of ฿33.25 (26% above fair value)
  • GF Score™: 67/100 with 12 warning signs
  • Industry Position: 390.3% above the Real Estate median (#407 of 1752)

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


Saha Pathana Inter-Holding PCL Business Description

Address Rama 3 Road, 989 Kingbridge Tower, Bangpongpang, Yannawa, Bangkok, THA, 10120
Saha Pathana Inter-Holding PCL is engaged in the real estate business. The company's core businesses are divided into three segments: Investment in consumer goods business, which derives maximum revenue; Investment in food and beverage business; and Industrial park development and investment in other businesses. The company operates in Thailand only.
67GF Score

Get the complete analysis for BKK:SPI

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

฿33.25
Price
฿26.39
GF Value