Itausa Investimentos ITAUBSP:ITSA3 -0.74%75 Pretax Margin % is 221.25% as of Mar. 2026, which is 25% above its 10-year median of 176.99. GuruFocus rates BSP:ITSA3 with a GF Score™ of 75/100 and a GF Value™ of R$10.23 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 551 Conglomerates companies, Itausa Investimentos ITAU ranks better than 98.55% on this metric.
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.
Itausa Investimentos ITAU Pretax Margin % Related Terms
Itausa Investimentos ITAU Pretax Margin % Historical Data
* 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.
For the Conglomerates subindustry, Itausa Investimentos ITAU'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.
Itausa Investimentos ITAU Pretax Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Itausa Investimentos ITAU's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Itausa Investimentos ITAU'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.
Itausa Investimentos ITAU (BSP:ITSA3) has a Pretax Margin % of 221.25% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Itausa Investimentos ITAU and its competitors. This is 25% above median its historical median of 176.99. Over the past decade, Itausa Investimentos ITAU's Pretax Margin % has ranged from 128.15 to 214.26. According to the industry distribution chart, Itausa Investimentos ITAU ranks #8 out of 551 companies in the Conglomerates industry, placing it in the top 1.5%.
Is Itausa Investimentos ITAU's Pretax Margin % too high?
Itausa Investimentos ITAU's current Pretax Margin % of 221.25% is 25% above median its 10-year median of 176.99. Over the past 10 years, this metric has ranged from a low of 128.15 to a high of 214.26. The Conglomerates industry median Pretax Margin % is 6.59. Itausa Investimentos ITAU's value of 221.25% is 3257.4% above this industry median. Based on the distribution chart, Itausa Investimentos ITAU ranks #8 out of 551 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Itausa Investimentos ITAU has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Itausa Investimentos ITAU's Pretax Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Itausa Investimentos ITAU ranks #8 out of 551 companies for Pretax Margin %. This places Itausa Investimentos ITAU in the top 2% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.59. Itausa Investimentos ITAU's value of 221.25% is 3257.4% above this benchmark. Historically, Itausa Investimentos ITAU's own Pretax Margin % has ranged from 128.15 to 214.26 over the past decade. While the company's 10-year median is 176.99 vs. the industry median of 6.59, Itausa Investimentos ITAU 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 Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.59, based on 551 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. Itausa Investimentos ITAU's current Pretax Margin % of 221.25% is 3257.4% 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 Itausa Investimentos ITAU and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itausa Investimentos ITAU's current Pretax Margin % is 221.25%, which is 25% above median its own 10-year median of 176.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itausa Investimentos ITAU stock overvalued right now?
Based on GuruFocus' analysis, Itausa Investimentos ITAU (BSP:ITSA3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$10.23, compared to a current price of R$13.50 — trading 32% above its estimated fair value. The current Pretax Margin % is 221.25%, which is 25% above median its 10-year median of 176.99 and 3257.4% above the Conglomerates industry median of 6.59. Itausa Investimentos ITAU's overall GF Score™ is 75/100 with 7 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 Itausa Investimentos ITAU (BSP:ITSA3), the current Pretax Margin % is 221.25% 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 Itausa Investimentos ITAU (BSP:ITSA3) Overvalued in 2026?
Based on GuruFocus' analysis, Itausa Investimentos ITAU stock appears to be overvalued.
The current stock price of R$13.50 is trading 32% above its estimated GF Value™ of R$10.23.
GuruFocus considers Itausa Investimentos ITAU to be Significantly Overvalued.
Key valuation signals for BSP:ITSA3:
Pretax Margin %: 221.25% (25% above median its 10-year median of 176.99)
GF Value™: R$10.23 vs. price of R$13.50 (32% above fair value)
Industry Position: 3257.4% above the Conglomerates median (#8 of 551)
No single metric tells the full story. See the BSP:ITSA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itausa Investimentos ITAU SA is a Brazilian investment holding company. The purpose of the company is to hold equity interests in other companies, in Brazil or abroad, for investment in any sectors of the economy, including through investment funds, disseminating among its investees its principles of appreciation of human capital, governance, and ethics in business. Its portfolio consists of brands such as Itau Unibanco, Motiva, Alpargatas, Aegea, Copa Energia, and Nova Transportadora do Sudeste (NTS). The majority of the revenue for the company is generated from Itau Unibanco, which is a banking institution that offers, directly or using its subsidiaries, a broad range of credit products and other financial services to a diversified individual & corporate client base in Brazil and abroad.
75GF Score
Get the complete analysis for BSP:ITSA3
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:ITSA3 has been successfully added to your 
