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.
Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII Pretax Margin % Related Terms
Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII 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.
* 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.
Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII Pretax Margin % vs REITs Industry
* 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.
Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII (BSP:KNCR11) has a Pretax Margin % of 99.38% as of Jun. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII and its competitors. This is near median its historical median of 98.24. Over the past decade, Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII's Pretax Margin % has ranged from 81.22 to 99.40. According to the industry distribution chart, Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII ranks #120 out of 929 companies in the REITs industry, placing it in the top 12.9%.
Is Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII's Pretax Margin % too high?
Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII's current Pretax Margin % of 99.38% is near median its 10-year median of 98.24. Over the past 10 years, this metric has ranged from a low of 81.22 to a high of 99.40. The REITs industry median Pretax Margin % is 46.93. Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII's value of 99.38% is 111.8% above this industry median. Based on the distribution chart, Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII ranks #120 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII's Pretax Margin % compare to NLY and AGNC?
According to the REITs industry distribution chart, Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII ranks #120 out of 929 companies for Pretax Margin %. This places Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.93. Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII's value of 99.38% is 111.8% above this benchmark. Historically, Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII's own Pretax Margin % has ranged from 81.22 to 99.40 over the past decade. While the company's 10-year median is 98.24 vs. the industry median of 46.93, Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII 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 46.93, based on 929 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. Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII's current Pretax Margin % of 99.38% is 111.8% 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 Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII's current Pretax Margin % is 99.38%, which is near median its own 10-year median of 98.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII stock overvalued right now?
Based on GuruFocus' analysis, Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII (BSP:KNCR11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$126.95, compared to a current price of R$107.86 — trading 15% below its estimated fair value. The current Pretax Margin % is 99.38%, which is near median its 10-year median of 98.24 and 111.8% above the REITs industry median of 46.93. Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII's overall GF Score™ is 57/100 with 6 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 Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII (BSP:KNCR11), the current Pretax Margin % is 99.38% 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 Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII (BSP:KNCR11) Overvalued in 2026?
Based on GuruFocus' analysis, Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII stock appears to be undervalued.
The current stock price of R$107.86 is trading 15% below its estimated GF Value™ of R$126.95.
GuruFocus considers Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII to be Modestly Undervalued.
Key valuation signals for BSP:KNCR11:
Pretax Margin %: 99.38% (near median its 10-year median of 98.24)
GF Value™: R$126.95 vs. price of R$107.86 (15% below fair value)
Industry Position: 111.8% above the REITs median (#120 of 929)
No single metric tells the full story. See the BSP:KNCR11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII Business Description
Kinea Rendimentos Imobiliarios Fundo de Investimento Imobiliario - FII is a real estate investment fund. It invests in real estate including financial assets & mortgage-backed securities.
57GF Score
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