WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) Pretax Margin %: 45.64% (As of Mar. 2026) — 36% Below Median


BKK:WHABT WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BKK:WHABT
67 GF Score
Price ฿6.10
GF Value ฿5.50
Valuation Modestly Overvalued
! 7 Warning Signs
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What is WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Pretax Margin %?

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BKK:WHABT +0.83% 67 Pretax Margin % is 45.64% as of Mar. 2026, which is 36% below its 10-year median of 71.24. GuruFocus rates BKK:WHABT with a GF Score™ of 67/100 and a GF Value™ of ฿5.50 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 927 REITs companies, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks better than 50.81% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Pre-Tax Income for the three months ended in Mar. 2026 was ฿19.4 Mil. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Revenue for the three months ended in Mar. 2026 was ฿42.5 Mil. Therefore, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's pretax margin for the quarter that ended in Mar. 2026 was 45.64%.

The historical rank and industry rank for WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Pretax Margin % or its related term are showing as below:

BKK:WHABT' s Pretax Margin % Range Over the Past 10 Years
Min: 47.8   Med: 71.24   Max: 82
Current: 47.8


BKK:WHABT's Pretax Margin % is ranked better than
50.81% of 927 companies
in the REITs industry
Industry Median: 46.7 vs BKK:WHABT: 47.80

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust  (BKK:WHABT) 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.


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Pretax Margin % Related Terms


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Pretax Margin % Historical Data

* Premium members only.

The historical data trend for WHA Business Complex Freehold and Leasehold Real Estate Investment Trust'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.

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Pretax Margin % Chart

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.00 80.45 70.54 66.66 47.80

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust 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 88.21 47.44 45.17 53.20 45.64

BKK:WHABT vs BXP, ARE, VNO: Pretax Margin % Comparison

For the REIT - Office subindustry, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust'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.


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Pretax Margin % falls into.


BKK:WHABT
67GF Score
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BKK:WHABT
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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WHA Business Complex Freehold and Leasehold Real Estate Investment Trust 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.

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=84.605/177.006
=47.80 %

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust'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 )
=19.375/42.45
=45.64 %

* 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 45.64% mean?
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) has a Pretax Margin % of 45.64% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on WHA Business Complex Freehold and Leasehold Real Estate Investment Trust and its competitors. This is 36% below median its historical median of 71.24. Over the past decade, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Pretax Margin % has ranged from 47.80 to 82.00. According to the industry distribution chart, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks #456 out of 927 companies in the REITs industry, placing it in the top 49.2%.
Is WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Pretax Margin % too high?
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's current Pretax Margin % of 45.64% is 36% below median its 10-year median of 71.24. Over the past 10 years, this metric has ranged from a low of 47.80 to a high of 82.00. The REITs industry median Pretax Margin % is 46.70. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's value of 45.64% is 2.3% below this industry median. Based on the distribution chart, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks #456 out of 927 companies in the REITs industry, which is above the industry midpoint. Overall, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's Pretax Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust ranks #456 out of 927 companies for Pretax Margin %. This puts WHA Business Complex Freehold and Leasehold Real Estate Investment Trust in the upper half of its industry. The industry median Pretax Margin % is 46.70. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's value of 45.64% is 2.3% below this benchmark. Historically, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's own Pretax Margin % has ranged from 47.80 to 82.00 over the past decade. While the company's 10-year median is 71.24 vs. the industry median of 46.70, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust 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 REITs company?
The median Pretax Margin % among REITs companies is 46.70, based on 927 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. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's current Pretax Margin % of 45.64% is 2.3% 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 WHA Business Complex Freehold and Leasehold Real Estate Investment Trust 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. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's current Pretax Margin % is 45.64%, which is 36% below median its own 10-year median of 71.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Business Complex Freehold and Leasehold Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿5.50, compared to a current price of ฿6.10 — trading 10.9% above its estimated fair value. The current Pretax Margin % is 45.64%, which is 36% below median its 10-year median of 71.24 and 2.3% below the REITs industry median of 46.70. WHA Business Complex Freehold and Leasehold Real Estate Investment Trust's overall GF Score™ is 67/100 with 7 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 WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT), the current Pretax Margin % is 45.64% 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 WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (BKK:WHABT) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Business Complex Freehold and Leasehold Real Estate Investment Trust stock appears to be overvalued. The current stock price of ฿6.10 is trading 10.9% above its estimated GF Value™ of ฿5.50. GuruFocus considers WHA Business Complex Freehold and Leasehold Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for BKK:WHABT:

  • Pretax Margin %: 45.64% (36% below median its 10-year median of 71.24)
  • GF Value™: ฿5.50 vs. price of ฿6.10 (10.9% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 2.3% below the REITs median (#456 of 927)

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


WHA Business Complex Freehold and Leasehold Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address South Sathorn Road, 1 Empire Tower, 32nd Floor, Yannawa, Sathorn, Bangkok, THA, 10120
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust is a closed-end property fund. The company is also involved in raising funds from investors, investing mostly in property or property leasehold rights. It operates in only one business segment which is the investment in property and the business operated in Thailand.
67GF Score

Get the complete analysis for BKK:WHABT

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

฿6.10
Price
฿5.50
GF Value