Joao Fortes Engenharia (BSP:JFEN3) Pretax Margin %: -84.69% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:JFEN3 Joao Fortes Engenharia SA BSP:JFEN3
33 GF Score
Price R$0.61
GF Value R$1.04
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Joao Fortes Engenharia Pretax Margin %?

Joao Fortes Engenharia BSP:JFEN3 +1.67% 33 Pretax Margin % is -84.69% as of Mar. 2026. GuruFocus rates BSP:JFEN3 with a GF Score™ of 33/100 and a GF Value™ of R$1.04 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,756 Real Estate companies, Joao Fortes Engenharia ranks worse than 93.34% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Joao Fortes Engenharia's Pre-Tax Income for the three months ended in Mar. 2026 was R$-21.6 Mil. Joao Fortes Engenharia's Revenue for the three months ended in Mar. 2026 was R$25.6 Mil. Therefore, Joao Fortes Engenharia's pretax margin for the quarter that ended in Mar. 2026 was -84.69%.

The historical rank and industry rank for Joao Fortes Engenharia's Pretax Margin % or its related term are showing as below:

BSP:JFEN3' s Pretax Margin % Range Over the Past 10 Years
Min: -4515.78   Med: -212.82   Max: -133.85
Current: -171.55


BSP:JFEN3's Pretax Margin % is ranked worse than
93.34% of 1756 companies
in the Real Estate industry
Industry Median: 12.535 vs BSP:JFEN3: -171.55

Joao Fortes Engenharia  (BSP:JFEN3) 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.


Joao Fortes Engenharia Pretax Margin % Related Terms


Joao Fortes Engenharia Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Joao Fortes Engenharia'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.

Joao Fortes Engenharia Pretax Margin % Chart

Joao Fortes Engenharia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,515.78 -1,927.44 -135.26 -138.94 -133.85

Joao Fortes Engenharia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -59.29 -132.90 -74.66 -5,668.71 -84.69

BSP:JFEN3 vs CBRE, BEKE, JLL: Pretax Margin % Comparison

For the Real Estate Services subindustry, Joao Fortes Engenharia'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.


Joao Fortes Engenharia Pretax Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Joao Fortes Engenharia's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Joao Fortes Engenharia's Pretax Margin % falls into.


BSP:JFEN3
33GF Score
Joao Fortes Engenharia SA BSP:JFEN3
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Joao Fortes Engenharia 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.

Joao Fortes Engenharia'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 )
=-234.205/174.975
=-133.85 %

Joao Fortes Engenharia's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-21.638/25.55
=-84.69 %

* 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 -84.69% mean?
Joao Fortes Engenharia (BSP:JFEN3) has a Pretax Margin % of -84.69% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Joao Fortes Engenharia and its competitors. According to the industry distribution chart, Joao Fortes Engenharia ranks #1639 out of 1756 companies in the Real Estate industry, placing it in the top 93.3%.
Is Joao Fortes Engenharia's Pretax Margin % too high?
Joao Fortes Engenharia's current Pretax Margin % is -84.69%. Based on the distribution chart, Joao Fortes Engenharia ranks #1639 out of 1756 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Joao Fortes Engenharia has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Joao Fortes Engenharia's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Joao Fortes Engenharia ranks #1639 out of 1756 companies for Pretax Margin %. This places Joao Fortes Engenharia in the lower half of its industry. The industry median Pretax Margin % is 12.54. 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 12.54, based on 1,756 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. 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 Joao Fortes Engenharia and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joao Fortes Engenharia's current Pretax Margin % is -84.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joao Fortes Engenharia stock overvalued right now?
Based on GuruFocus' analysis, Joao Fortes Engenharia (BSP:JFEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.04, compared to a current price of R$0.61 — trading 41.3% below its estimated fair value. The current Pretax Margin % is -84.69%. Joao Fortes Engenharia's overall GF Score™ is 33/100 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 Joao Fortes Engenharia (BSP:JFEN3), the current Pretax Margin % is -84.69% 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 Joao Fortes Engenharia (BSP:JFEN3) Overvalued in 2026?

Based on GuruFocus' analysis, Joao Fortes Engenharia stock appears to be undervalued. The current stock price of R$0.61 is trading 41.3% below its estimated GF Value™ of R$1.04. GuruFocus considers Joao Fortes Engenharia to be Possible Value Trap.

Key valuation signals for BSP:JFEN3:

  • Pretax Margin %: -84.69%
  • GF Value™: R$1.04 vs. price of R$0.61 (41.3% below fair value)
  • GF Score™: 33/100 with 4 warning signs

No single metric tells the full story. See the BSP:JFEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joao Fortes Engenharia Business Description

Address Av Das Americas, 500, Bl. 19, Salas 105 a 108, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22640100
Joao Fortes Engenharia SA is engaged in the development, marketing and management of residential, commercial and industrial building, such as residential houses, commercial and business centers, corporate headquarters, hotels and special projects.
33GF Score

Get the complete analysis for BSP:JFEN3

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

R$0.61
Price
R$1.04
GF Value