Europa 105 Fundo Investimento Imobiliario (BSP:ERPA11) Pretax Margin %: 97.17% (As of Dec. 2025) — Near Median

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BSP:ERPA11 Europa 105 Fundo Investimento Imobiliario BSP:ERPA11
37 GF Score
Price R$126.09
GF Value R$73.83
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Europa 105 Fundo Investimento Imobiliario Pretax Margin %?

Europa 105 Fundo Investimento Imobiliario BSP:ERPA11 37 Pretax Margin % is 97.17% as of Dec. 2025, which is 0% above its 10-year median of 96.69. GuruFocus rates BSP:ERPA11 with a GF Score™ of 37/100 and a GF Value™ of R$73.83 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 923 REITs companies, Europa 105 Fundo Investimento Imobiliario ranks better than 83.42% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Europa 105 Fundo Investimento Imobiliario's Pre-Tax Income for the six months ended in Dec. 2025 was R$8.61 Mil. Europa 105 Fundo Investimento Imobiliario's Revenue for the six months ended in Dec. 2025 was R$8.86 Mil. Therefore, Europa 105 Fundo Investimento Imobiliario's pretax margin for the quarter that ended in Dec. 2025 was 97.17%.

The historical rank and industry rank for Europa 105 Fundo Investimento Imobiliario's Pretax Margin % or its related term are showing as below:

BSP:ERPA11' s Pretax Margin % Range Over the Past 10 Years
Min: 91.19   Med: 96.69   Max: 422.92
Current: 97.17


BSP:ERPA11's Pretax Margin % is ranked better than
83.42% of 923 companies
in the REITs industry
Industry Median: 46.7 vs BSP:ERPA11: 97.17

Europa 105 Fundo Investimento Imobiliario  (BSP:ERPA11) 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.


Europa 105 Fundo Investimento Imobiliario Pretax Margin % Related Terms


Europa 105 Fundo Investimento Imobiliario Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Europa 105 Fundo Investimento Imobiliario'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.

Europa 105 Fundo Investimento Imobiliario Pretax Margin % Chart

Europa 105 Fundo Investimento Imobiliario Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial 93.03 91.19 96.21 98.12 97.17

Europa 105 Fundo Investimento Imobiliario Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin % Get a 7-Day Free Trial 93.03 91.19 96.21 98.12 97.17

BSP:ERPA11 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Europa 105 Fundo Investimento Imobiliario'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.


Europa 105 Fundo Investimento Imobiliario Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Europa 105 Fundo Investimento Imobiliario's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Europa 105 Fundo Investimento Imobiliario's Pretax Margin % falls into.


BSP:ERPA11
37GF Score
Europa 105 Fundo Investimento Imobiliario BSP:ERPA11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Europa 105 Fundo Investimento Imobiliario 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.

Europa 105 Fundo Investimento Imobiliario'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 )
=8.609/8.86
=97.17 %

Europa 105 Fundo Investimento Imobiliario'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 )
=8.609/8.86
=97.17 %

* 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 97.17% mean?
Europa 105 Fundo Investimento Imobiliario (BSP:ERPA11) has a Pretax Margin % of 97.17% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Europa 105 Fundo Investimento Imobiliario and its competitors. This is near median its historical median of 96.69. Over the past decade, Europa 105 Fundo Investimento Imobiliario's Pretax Margin % has ranged from 91.19 to 422.92. According to the industry distribution chart, Europa 105 Fundo Investimento Imobiliario ranks #153 out of 923 companies in the REITs industry, placing it in the top 16.6%.
Is Europa 105 Fundo Investimento Imobiliario's Pretax Margin % too high?
Europa 105 Fundo Investimento Imobiliario's current Pretax Margin % of 97.17% is near median its 10-year median of 96.69. Over the past 10 years, this metric has ranged from a low of 91.19 to a high of 422.92. The REITs industry median Pretax Margin % is 46.70. Europa 105 Fundo Investimento Imobiliario's value of 97.17% is 108.1% above this industry median. Based on the distribution chart, Europa 105 Fundo Investimento Imobiliario ranks #153 out of 923 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Europa 105 Fundo Investimento Imobiliario has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Europa 105 Fundo Investimento Imobiliario's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Europa 105 Fundo Investimento Imobiliario ranks #153 out of 923 companies for Pretax Margin %. This places Europa 105 Fundo Investimento Imobiliario in the top 17% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.70. Europa 105 Fundo Investimento Imobiliario's value of 97.17% is 108.1% above this benchmark. Historically, Europa 105 Fundo Investimento Imobiliario's own Pretax Margin % has ranged from 91.19 to 422.92 over the past decade. While the company's 10-year median is 96.69 vs. the industry median of 46.70, Europa 105 Fundo Investimento Imobiliario 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 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. Europa 105 Fundo Investimento Imobiliario's current Pretax Margin % of 97.17% is 108.1% 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 Europa 105 Fundo Investimento Imobiliario 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. Europa 105 Fundo Investimento Imobiliario's current Pretax Margin % is 97.17%, which is near median its own 10-year median of 96.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Europa 105 Fundo Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Europa 105 Fundo Investimento Imobiliario (BSP:ERPA11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$73.83, compared to a current price of R$126.09 — trading 70.8% above its estimated fair value. The current Pretax Margin % is 97.17%, which is near median its 10-year median of 96.69 and 108.1% above the REITs industry median of 46.70. Europa 105 Fundo Investimento Imobiliario's overall GF Score™ is 37/100 with 2 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 Europa 105 Fundo Investimento Imobiliario (BSP:ERPA11), the current Pretax Margin % is 97.17% 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 Europa 105 Fundo Investimento Imobiliario (BSP:ERPA11) Overvalued in 2026?

Based on GuruFocus' analysis, Europa 105 Fundo Investimento Imobiliario stock appears to be overvalued. The current stock price of R$126.09 is trading 70.8% above its estimated GF Value™ of R$73.83. GuruFocus considers Europa 105 Fundo Investimento Imobiliario to be Significantly Overvalued.

Key valuation signals for BSP:ERPA11:

  • Pretax Margin %: 97.17% (near median its 10-year median of 96.69)
  • GF Value™: R$73.83 vs. price of R$126.09 (70.8% above fair value)
  • GF Score™: 37/100 with 2 warning signs
  • Industry Position: 108.1% above the REITs median (#153 of 923)

No single metric tells the full story. See the BSP:ERPA11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Europa 105 Fundo Investimento Imobiliario Business Description

Industry Real EstateREITs
Address AV Das Americas, 3434, Block 07 - Group 201, Rio de Janeiro, RJ, BRA, CEP: 22631003
Europa 105 Fundo Investimento Imobiliario is a Brazil-based company. It engaged in a Real estate investment trust.
37GF Score

Get the complete analysis for BSP:ERPA11

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

R$126.09
Price
R$73.83
GF Value