Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) Pretax Margin %: % (As of Dec. 2025)

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BSP:BRCR11 Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund BSP:BRCR11
73 GF Score
Price R$41.00
GF Value R$46.17
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Pretax Margin %?

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund BSP:BRCR11 +1.74% 73 Pretax Margin % is % as of Dec. 2025. GuruFocus rates BSP:BRCR11 with a GF Score™ of 73/100 and a GF Value™ of R$46.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 923 REITs companies, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks worse than 66.31% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Pre-Tax Income for the three months ended in Dec. 2025 was R$0.0 Mil. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Revenue for the three months ended in Dec. 2025 was R$0.0 Mil. Therefore, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's pretax margin for the quarter that ended in Dec. 2025 was %.

The historical rank and industry rank for Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Pretax Margin % or its related term are showing as below:

BSP:BRCR11' s Pretax Margin % Range Over the Past 10 Years
Min: -96.65   Med: 44.62   Max: 213.21
Current: 29.25


BSP:BRCR11's Pretax Margin % is ranked worse than
66.31% of 923 companies
in the REITs industry
Industry Median: 46.7 vs BSP:BRCR11: 29.25

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund  (BSP:BRCR11) 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.


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Pretax Margin % Related Terms


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Fundo Invest Imobiliario FII Btg Pactualorate Office 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.

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Pretax Margin % Chart

Fundo Invest Imobiliario FII Btg Pactualorate Office 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 44.74 0.49 44.49 5.94 57.78

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Dec25
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 10.99 63.32 -39.74 64.60 0.00

BSP:BRCR11 vs BXP, ARE, VNO: Pretax Margin % Comparison

For the REIT - Office subindustry, Fundo Invest Imobiliario FII Btg Pactualorate Office 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.


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Pretax Margin % falls into.


BSP:BRCR11
73GF Score
Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund BSP:BRCR11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Invest Imobiliario FII Btg Pactualorate Office 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.

Fundo Invest Imobiliario FII Btg Pactualorate Office 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 )
=106.729/184.701
=57.78 %

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=0/0
= %

* 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 % mean?
Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) has a Pretax Margin % of % as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fundo Invest Imobiliario FII Btg Pactualorate Office Fund and its competitors. According to the industry distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #612 out of 923 companies in the REITs industry, placing it in the top 66.3%.
Is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Pretax Margin % too high?
Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's current Pretax Margin % is %. Based on the distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #612 out of 923 companies in the REITs industry, which is below the industry midpoint. Overall, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Pretax Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #612 out of 923 companies for Pretax Margin %. This places Fundo Invest Imobiliario FII Btg Pactualorate Office Fund in the lower half of its industry. The industry median Pretax Margin % is 46.70. 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 923 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. 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 Fundo Invest Imobiliario FII Btg Pactualorate Office Fund 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. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's current Pretax Margin % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund stock overvalued right now?
Based on GuruFocus' analysis, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$46.17, compared to a current price of R$41.00 — trading 11.2% below its estimated fair value. The current Pretax Margin % is %. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's overall GF Score™ is 73/100 with 6 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 Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11), the current Pretax Margin % is % as of Dec. 2025. 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 Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund stock appears to be undervalued. The current stock price of R$41.00 is trading 11.2% below its estimated GF Value™ of R$46.17. GuruFocus considers Fundo Invest Imobiliario FII Btg Pactualorate Office Fund to be Modestly Undervalued.

Key valuation signals for BSP:BRCR11:

  • Pretax Margin %: %
  • GF Value™: R$46.17 vs. price of R$41.00 (11.2% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the BSP:BRCR11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Business Description

Industry Real EstateREITs
Address N/I PRAIA DE BOTAFOGO 501, 5th FLOOR, RIO DE JANEIRO, RJ, BRA, CEP 22250040
Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund seeks to invest in real estate developments by acquiring the following assets: commercial properties, completed or under construction, or other types of properties where commercial developments may be established, rights related to properties, for the purpose of sale, rent or lease, in addition to other Target Assets listed in the Fund's regulation.
73GF Score

Get the complete analysis for BSP:BRCR11

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

R$41.00
Price
R$46.17
GF Value