IguatemiBSP:IGTI3 +5.03%87 Pretax Margin % is 74.50% as of Mar. 2026, which is 101% above its 10-year median of 37.09. GuruFocus rates BSP:IGTI3 with a GF Score™ of 87/100 and a GF Value™ of R$3.51 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,753 Real Estate companies, Iguatemi ranks better than 82.94% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Iguatemi's Pre-Tax Income for the
three
months ended in Mar. 2026 was R$266 Mil. Iguatemi's Revenue for the
three
months ended in Mar. 2026 was R$357 Mil. Therefore, Iguatemi's pretax margin for the quarter that ended in Mar. 2026 was 74.50%.
The historical rank and industry rank for Iguatemi's Pretax Margin % or its related term are showing as below:
BSP:IGTI3'
s Pretax Margin % Range Over the Past 10 Years
Min: -12.88 Med: 37.09 Max: 62.57
Current: 53.11
BSP:IGTI3's Pretax Margin % is ranked better than 82.94% of 1753
companies
in the Real Estate industry
Industry Median: 12.28
vs BSP:IGTI3: 53.11
Iguatemi (BSP:IGTI3) 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.
Iguatemi Pretax Margin % Related Terms
Iguatemi Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Iguatemi'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.
BSP:IGTI3 vs CBRE, BEKE, JLL: Pretax Margin % Comparison
For the Real Estate Services subindustry, Iguatemi'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.
Iguatemi Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Iguatemi's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Iguatemi's Pretax Margin % falls into.
* 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.
Iguatemi (BSP:IGTI3) has a Pretax Margin % of 74.50% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Iguatemi and its competitors. This is 101% above median its historical median of 37.09. According to the industry distribution chart, Iguatemi ranks #299 out of 1753 companies in the Real Estate industry, placing it in the top 17.1%.
Is Iguatemi's Pretax Margin % too high?
Iguatemi's current Pretax Margin % of 74.50% is 101% above median its 10-year median of 37.09. The Real Estate industry median Pretax Margin % is 12.28. Iguatemi's value of 74.50% is 506.7% above this industry median. Based on the distribution chart, Iguatemi ranks #299 out of 1753 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Iguatemi has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Iguatemi's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Iguatemi ranks #299 out of 1753 companies for Pretax Margin %. This places Iguatemi in the top 17% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.28. Iguatemi's value of 74.50% is 506.7% above this benchmark. While the company's 10-year median is 37.09 vs. the industry median of 12.28, Iguatemi 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.28, based on 1,753 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. Iguatemi's current Pretax Margin % of 74.50% is 506.7% 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 Iguatemi and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iguatemi's current Pretax Margin % is 74.50%, which is 101% above median its own 10-year median of 37.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iguatemi stock overvalued right now?
Based on GuruFocus' analysis, Iguatemi (BSP:IGTI3) is currently considered Fairly Valued. The stock's GF Value™ is R$3.51, compared to a current price of R$3.55 — trading 1.1% above its estimated fair value. The current Pretax Margin % is 74.50%, which is 101% above median its 10-year median of 37.09 and 506.7% above the Real Estate industry median of 12.28. Iguatemi's overall GF Score™ is 87/100 with 5 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 Iguatemi (BSP:IGTI3), the current Pretax Margin % is 74.50% 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 Iguatemi (BSP:IGTI3) Overvalued in 2026?
Based on GuruFocus' analysis, Iguatemi stock appears to be overvalued.
The current stock price of R$3.55 is trading 1.1% above its estimated GF Value™ of R$3.51.
GuruFocus considers Iguatemi to be Fairly Valued.
Key valuation signals for BSP:IGTI3:
Pretax Margin %: 74.50% (101% above median its 10-year median of 37.09)
GF Value™: R$3.51 vs. price of R$3.55 (1.1% above fair value)
Industry Position: 506.7% above the Real Estate median (#299 of 1753)
No single metric tells the full story. See the BSP:IGTI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iguatemi SA is engaged in the commercial development and planning of shopping malls, as well as the provision of services related to the management of regional shopping centers and mixed-use real estate complexes. The company is also involved in the purchase and sale of properties, operation of short-stay parking facilities, intermediation in the leasing of promotional spaces, investment in other companies, and the provision of economic, financial, and tax advisory and consulting services.
87GF Score
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