Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios (BSP:DVFF11) Pretax Margin %: 98.75% (As of Dec. 2025) — Near Median


BSP:DVFF11 Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios BSP:DVFF11
35 GF Score
Price R$5.44
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What is Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios Pretax Margin %?

Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios BSP:DVFF11 +1.87% 35 Pretax Margin % is 98.75% as of Dec. 2025, which is 1% below its 10-year median of 99.25. GuruFocus rates BSP:DVFF11 with a GF Score™ of 35/100. Among 927 REITs companies, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios ranks better than 86.3% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios's Pre-Tax Income for the six months ended in Dec. 2025 was R$17.07 Mil. Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios's Revenue for the six months ended in Dec. 2025 was R$17.29 Mil. Therefore, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios's pretax margin for the quarter that ended in Dec. 2025 was 98.75%.

The historical rank and industry rank for Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios's Pretax Margin % or its related term are showing as below:

BSP:DVFF11' s Pretax Margin % Range Over the Past 10 Years
Min: 97.46   Med: 99.25   Max: 184.7
Current: 98.75


BSP:DVFF11's Pretax Margin % is ranked better than
86.3% of 927 companies
in the REITs industry
Industry Median: 46.7 vs BSP:DVFF11: 98.75

Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios  (BSP:DVFF11) 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 DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios Pretax Margin % Related Terms


Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios'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 DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios Pretax Margin % Chart

Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
99.25 184.70 97.46 102.69 98.75

Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin % 99.25 184.70 97.46 102.69 98.75

BSP:DVFF11 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios'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 DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios's Pretax Margin % falls into.


BSP:DVFF11
35GF Score
Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios BSP:DVFF11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios 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 DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios'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 )
=17.074/17.291
=98.75 %

Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios'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 )
=17.074/17.291
=98.75 %

* 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 98.75% mean?
Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios (BSP:DVFF11) has a Pretax Margin % of 98.75% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios and its competitors. This is near median its historical median of 99.25. Over the past decade, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios' Pretax Margin % has ranged from 97.46 to 184.70. According to the industry distribution chart, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios ranks #127 out of 927 companies in the REITs industry, placing it in the top 13.7%.
Is Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios' Pretax Margin % too high?
Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios' current Pretax Margin % of 98.75% is near median its 10-year median of 99.25. Over the past 10 years, this metric has ranged from a low of 97.46 to a high of 184.70. The REITs industry median Pretax Margin % is 46.70. Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios' value of 98.75% is 111.5% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios ranks #127 out of 927 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios' Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios ranks #127 out of 927 companies for Pretax Margin %. This places Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.70. Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios' value of 98.75% is 111.5% above this benchmark. Historically, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios' own Pretax Margin % has ranged from 97.46 to 184.70 over the past decade. While the company's 10-year median is 99.25 vs. the industry median of 46.70, Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios 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 46.70, 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. Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios's current Pretax Margin % of 98.75% is 111.5% 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 Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios 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 DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios's current Pretax Margin % is 98.75%, which is near median its own 10-year median of 99.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios stock overvalued right now?
Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios (BSP:DVFF11) has a current Pretax Margin % of 98.75%. The current Pretax Margin % is 98.75%, which is near median its 10-year median of 99.25 and 111.5% above the REITs industry median of 46.70. Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios' overall GF Score™ is 35/100. 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 DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios (BSP:DVFF11), the current Pretax Margin % is 98.75% 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.

Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios Business Description

Industry Real EstateREITs
Address Rua Fidencio Ramos, 195 - Cj 44, Vila Olimpia, Sao Paulo, SP, BRA, CEP 04551-010
Fundo DE Investimento Imobiliario-Devant Fundo DE Fundos Imobiliarios is an independent manager specialized in the management of private credit assets, mainly structured credit and real estate.
35GF Score

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

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