Kinea High Yield Cri Fundo Investimento Imobiliario FII (BSP:KNHY11) Pretax Margin %: 90.56% (As of Jun. 2025) — Near Median

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BSP:KNHY11 Kinea High Yield Cri Fundo Investimento Imobiliario FII BSP:KNHY11
74 GF Score
Price R$95.65
GF Value R$125.34
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Kinea High Yield Cri Fundo Investimento Imobiliario FII Pretax Margin %?

Kinea High Yield Cri Fundo Investimento Imobiliario FII BSP:KNHY11 -0.08% 74 Pretax Margin % is 90.56% as of Jun. 2025, which is 1% above its 10-year median of 89.81. GuruFocus rates BSP:KNHY11 with a GF Score™ of 74/100 and a GF Value™ of R$125.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,570 Asset Management companies, Kinea High Yield Cri Fundo Investimento Imobiliario FII ranks better than 50.19% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kinea High Yield Cri Fundo Investimento Imobiliario FII's Pre-Tax Income for the six months ended in Jun. 2025 was R$402.1 Mil. Kinea High Yield Cri Fundo Investimento Imobiliario FII's Revenue for the six months ended in Jun. 2025 was R$444.0 Mil. Therefore, Kinea High Yield Cri Fundo Investimento Imobiliario FII's pretax margin for the quarter that ended in Jun. 2025 was 90.56%.

The historical rank and industry rank for Kinea High Yield Cri Fundo Investimento Imobiliario FII's Pretax Margin % or its related term are showing as below:

BSP:KNHY11' s Pretax Margin % Range Over the Past 10 Years
Min: 86.87   Med: 89.81   Max: 232.16
Current: 90.56


BSP:KNHY11's Pretax Margin % is ranked better than
50.19% of 1570 companies
in the Asset Management industry
Industry Median: 90.34 vs BSP:KNHY11: 90.56

Kinea High Yield Cri Fundo Investimento Imobiliario FII  (BSP:KNHY11) 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.


Kinea High Yield Cri Fundo Investimento Imobiliario FII Pretax Margin % Related Terms


Kinea High Yield Cri Fundo Investimento Imobiliario FII Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Kinea High Yield Cri Fundo Investimento Imobiliario FII'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.

Kinea High Yield Cri Fundo Investimento Imobiliario FII Pretax Margin % Chart

Kinea High Yield Cri Fundo Investimento Imobiliario FII Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Pretax Margin %
Get a 7-Day Free Trial 88.63 96.11 89.81 88.84 90.56

Kinea High Yield Cri Fundo Investimento Imobiliario FII Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Pretax Margin % Get a 7-Day Free Trial 88.63 96.11 89.81 88.84 90.56

BSP:KNHY11 vs BLK, BX, KKR: Pretax Margin % Comparison

For the Asset Management subindustry, Kinea High Yield Cri Fundo Investimento Imobiliario FII'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.


Kinea High Yield Cri Fundo Investimento Imobiliario FII Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Kinea High Yield Cri Fundo Investimento Imobiliario FII's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Kinea High Yield Cri Fundo Investimento Imobiliario FII's Pretax Margin % falls into.


BSP:KNHY11
74GF Score
Kinea High Yield Cri Fundo Investimento Imobiliario FII BSP:KNHY11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinea High Yield Cri Fundo Investimento Imobiliario FII 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.

Kinea High Yield Cri Fundo Investimento Imobiliario FII'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 )
=402.112/444.018
=90.56 %

Kinea High Yield Cri Fundo Investimento Imobiliario FII'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 )
=402.112/444.018
=90.56 %

* 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 90.56% mean?
Kinea High Yield Cri Fundo Investimento Imobiliario FII (BSP:KNHY11) has a Pretax Margin % of 90.56% as of Jun. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kinea High Yield Cri Fundo Investimento Imobiliario FII and its competitors. This is near median its historical median of 89.81. Over the past decade, Kinea High Yield Cri Fundo Investimento Imobiliario FII's Pretax Margin % has ranged from 86.87 to 232.16. According to the industry distribution chart, Kinea High Yield Cri Fundo Investimento Imobiliario FII ranks #782 out of 1570 companies in the Asset Management industry, placing it in the top 49.8%.
Is Kinea High Yield Cri Fundo Investimento Imobiliario FII's Pretax Margin % too high?
Kinea High Yield Cri Fundo Investimento Imobiliario FII's current Pretax Margin % of 90.56% is near median its 10-year median of 89.81. Over the past 10 years, this metric has ranged from a low of 86.87 to a high of 232.16. The Asset Management industry median Pretax Margin % is 90.34. Kinea High Yield Cri Fundo Investimento Imobiliario FII's value of 90.56% is 0.2% above this industry median. Based on the distribution chart, Kinea High Yield Cri Fundo Investimento Imobiliario FII ranks #782 out of 1570 companies in the Asset Management industry, which is above the industry midpoint. Overall, Kinea High Yield Cri Fundo Investimento Imobiliario FII has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kinea High Yield Cri Fundo Investimento Imobiliario FII's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Kinea High Yield Cri Fundo Investimento Imobiliario FII ranks #782 out of 1570 companies for Pretax Margin %. This puts Kinea High Yield Cri Fundo Investimento Imobiliario FII in the upper half of its industry. The industry median Pretax Margin % is 90.34. Kinea High Yield Cri Fundo Investimento Imobiliario FII's value of 90.56% is 0.2% above this benchmark. Historically, Kinea High Yield Cri Fundo Investimento Imobiliario FII's own Pretax Margin % has ranged from 86.87 to 232.16 over the past decade. While the company's 10-year median is 89.81 vs. the industry median of 90.34, Kinea High Yield Cri Fundo 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 90.34, based on 1,570 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 High Yield Cri Fundo Investimento Imobiliario FII's current Pretax Margin % of 90.56% is 0.2% 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 High Yield Cri Fundo Investimento Imobiliario FII and its competitors. For the Asset Management industry, the median Pretax Margin % is 90.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinea High Yield Cri Fundo Investimento Imobiliario FII's current Pretax Margin % is 90.56%, which is near median its own 10-year median of 89.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinea High Yield Cri Fundo Investimento Imobiliario FII stock overvalued right now?
Based on GuruFocus' analysis, Kinea High Yield Cri Fundo Investimento Imobiliario FII (BSP:KNHY11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$125.34, compared to a current price of R$95.65 — trading 23.7% below its estimated fair value. The current Pretax Margin % is 90.56%, which is near median its 10-year median of 89.81 and 0.2% above the Asset Management industry median of 90.34. Kinea High Yield Cri Fundo Investimento Imobiliario FII's overall GF Score™ is 74/100 with 3 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 High Yield Cri Fundo Investimento Imobiliario FII (BSP:KNHY11), the current Pretax Margin % is 90.56% 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 High Yield Cri Fundo Investimento Imobiliario FII (BSP:KNHY11) Overvalued in 2026?

Based on GuruFocus' analysis, Kinea High Yield Cri Fundo Investimento Imobiliario FII stock appears to be undervalued. The current stock price of R$95.65 is trading 23.7% below its estimated GF Value™ of R$125.34. GuruFocus considers Kinea High Yield Cri Fundo Investimento Imobiliario FII to be Modestly Undervalued.

Key valuation signals for BSP:KNHY11:

  • Pretax Margin %: 90.56% (near median its 10-year median of 89.81)
  • GF Value™: R$125.34 vs. price of R$95.65 (23.7% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 0.2% above the Asset Management median (#782 of 1570)

No single metric tells the full story. See the BSP:KNHY11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinea High Yield Cri Fundo Investimento Imobiliario FII Business Description

Address BRIGADEIRO FARIA LIMA, 3400, 10th Floor- ITAIM BIBI, Sau Paulo, SP, BRA, 04538132
Kinea High Yield Cri Fundo Investimento Imobiliario FII is a real estate trust.
74GF Score

Get the complete analysis for BSP:KNHY11

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

R$95.65
Price
R$125.34
GF Value