Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) Pretax Margin %: 35.45% (As of Jun. 2025) — 55% Below Median


BSP:HSML11 Hsi Malls Fundo DE Investimento Imobiliario BSP:HSML11
80 GF Score
Price R$85.52
GF Value R$114.87
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hsi Malls Fundo DE Investimento Imobiliario Pretax Margin %?

Hsi Malls Fundo DE Investimento Imobiliario BSP:HSML11 +0.80% 80 Pretax Margin % is 35.45% as of Jun. 2025, which is 55% below its 10-year median of 79.05. GuruFocus rates BSP:HSML11 with a GF Score™ of 80/100 and a GF Value™ of R$114.87 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,572 Asset Management companies, Hsi Malls Fundo DE Investimento Imobiliario ranks worse than 69.27% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hsi Malls Fundo DE Investimento Imobiliario's Pre-Tax Income for the six months ended in Jun. 2025 was R$94.8 Mil. Hsi Malls Fundo DE Investimento Imobiliario's Revenue for the six months ended in Jun. 2025 was R$267.4 Mil. Therefore, Hsi Malls Fundo DE Investimento Imobiliario's pretax margin for the quarter that ended in Jun. 2025 was 35.45%.

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

BSP:HSML11' s Pretax Margin % Range Over the Past 10 Years
Min: -7.72   Med: 79.05   Max: 508.27
Current: 35.45


BSP:HSML11's Pretax Margin % is ranked worse than
69.27% of 1572 companies
in the Asset Management industry
Industry Median: 89.62 vs BSP:HSML11: 35.45

Hsi Malls Fundo DE Investimento Imobiliario  (BSP:HSML11) 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.


Hsi Malls Fundo DE Investimento Imobiliario Pretax Margin % Related Terms


Hsi Malls Fundo DE Investimento Imobiliario Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Hsi Malls Fundo DE 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.

Hsi Malls Fundo DE Investimento Imobiliario Pretax Margin % Chart

Hsi Malls Fundo DE Investimento Imobiliario Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Pretax Margin %
Get a 7-Day Free Trial -7.72 119.24 38.85 151.80 35.45

Hsi Malls Fundo DE Investimento Imobiliario Semi-Annual Data
Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Pretax Margin % Get a 7-Day Free Trial -7.72 119.24 38.85 151.80 35.45

BSP:HSML11 vs BLK, BX, KKR: Pretax Margin % Comparison

For the Asset Management subindustry, Hsi Malls Fundo DE 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.


Hsi Malls Fundo DE Investimento Imobiliario Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Hsi Malls Fundo DE Investimento Imobiliario's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hsi Malls Fundo DE Investimento Imobiliario's Pretax Margin % falls into.


BSP:HSML11
80GF Score
Hsi Malls Fundo DE Investimento Imobiliario BSP:HSML11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hsi Malls Fundo DE 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.

Hsi Malls Fundo DE Investimento Imobiliario's Pretax Margin for the fiscal year that ended in Jun. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=94.78/267.395
=35.45 %

Hsi Malls Fundo DE Investimento Imobiliario's Pretax Margin for the quarter that ended in Jun. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2025 )/Revenue (Q: Jun. 2025 )
=94.78/267.395
=35.45 %

* 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 35.45% mean?
Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) has a Pretax Margin % of 35.45% as of Jun. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hsi Malls Fundo DE Investimento Imobiliario and its competitors. This is 55% below median its historical median of 79.05. According to the industry distribution chart, Hsi Malls Fundo DE Investimento Imobiliario ranks #1089 out of 1572 companies in the Asset Management industry, placing it in the top 69.3%.
Is Hsi Malls Fundo DE Investimento Imobiliario's Pretax Margin % too high?
Hsi Malls Fundo DE Investimento Imobiliario's current Pretax Margin % of 35.45% is 55% below median its 10-year median of 79.05. The Asset Management industry median Pretax Margin % is 89.62. Hsi Malls Fundo DE Investimento Imobiliario's value of 35.45% is 60.4% below this industry median. Based on the distribution chart, Hsi Malls Fundo DE Investimento Imobiliario ranks #1089 out of 1572 companies in the Asset Management industry, which is below the industry midpoint. Overall, Hsi Malls Fundo DE Investimento Imobiliario has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsi Malls Fundo DE Investimento Imobiliario's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Hsi Malls Fundo DE Investimento Imobiliario ranks #1089 out of 1572 companies for Pretax Margin %. This places Hsi Malls Fundo DE Investimento Imobiliario in the lower half of its industry. The industry median Pretax Margin % is 89.62. Hsi Malls Fundo DE Investimento Imobiliario's value of 35.45% is 60.4% below this benchmark. While the company's 10-year median is 79.05 vs. the industry median of 89.62, Hsi Malls Fundo DE Investimento Imobiliario 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, based on 1,572 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. Hsi Malls Fundo DE Investimento Imobiliario's current Pretax Margin % of 35.45% is 60.4% 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 Hsi Malls Fundo DE Investimento Imobiliario and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsi Malls Fundo DE Investimento Imobiliario's current Pretax Margin % is 35.45%, which is 55% below median its own 10-year median of 79.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsi Malls Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$114.87, compared to a current price of R$85.52 — trading 25.6% below its estimated fair value. The current Pretax Margin % is 35.45%, which is 55% below median its 10-year median of 79.05 and 60.4% below the Asset Management industry median of 89.62. Hsi Malls Fundo DE Investimento Imobiliario's overall GF Score™ is 80/100 with 4 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 Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11), the current Pretax Margin % is 35.45% as of Jun. 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 Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) Overvalued in 2026?

Based on GuruFocus' analysis, Hsi Malls Fundo DE Investimento Imobiliario stock appears to be undervalued. The current stock price of R$85.52 is trading 25.6% below its estimated GF Value™ of R$114.87. GuruFocus considers Hsi Malls Fundo DE Investimento Imobiliario to be Modestly Undervalued.

Key valuation signals for BSP:HSML11:

  • Pretax Margin %: 35.45% (55% below median its 10-year median of 79.05)
  • GF Value™: R$114.87 vs. price of R$85.52 (25.6% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 60.4% below the Asset Management median (#1089 of 1572)

No single metric tells the full story. See the BSP:HSML11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsi Malls Fundo DE Investimento Imobiliario Business Description

Address Avenue Brig. Faria Lima, 3729, 7th floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-905
Hsi Malls Fundo DE Investimento Imobiliario is a Brazil-based company engaged in real estate and credit business. Its real estate holdings include Cipasa Urbanismo, GoodStorage, Saphyr Shopping Centers, and office and logistics properties in Brazil.
80GF Score

Get the complete analysis for BSP:HSML11

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

R$85.52
Price
R$114.87
GF Value