BSP:MFII11'
s Pretax Margin % Range Over the Past 10 Years
Min: -121.93 Med: 162.72 Max: 394.43
Current: 394.43
BSP:MFII11's Pretax Margin % is ranked better than 97.64% of 932
companies
in the REITs industry
Industry Median: 46.815
vs BSP:MFII11: 394.43
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) 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.
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Pretax Margin % Related Terms
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario 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.
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Pretax Margin % Chart
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Pretax Margin %
-121.93
185.36
116.54
162.72
394.43
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
Pretax Margin %
-121.93
185.36
116.54
162.72
394.43
BSP:MFII11 vs VICI, WPC: Pretax Margin % Comparison
* 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.
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario 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.
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) has a Pretax Margin % of 394.43% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario and its competitors. This is 142% above median its historical median of 162.72. According to the industry distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #22 out of 932 companies in the REITs industry, placing it in the top 2.4%.
Is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Pretax Margin % too high?
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Pretax Margin % of 394.43% is 142% above median its 10-year median of 162.72. The REITs industry median Pretax Margin % is 46.82. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's value of 394.43% is 742.5% above this industry median. Based on the distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #22 out of 932 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #22 out of 932 companies for Pretax Margin %. This places Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario in the top 2% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.82. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's value of 394.43% is 742.5% above this benchmark. While the company's 10-year median is 162.72 vs. the industry median of 46.82, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario 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 46.82, based on 932 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. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Pretax Margin % of 394.43% is 742.5% 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 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario and its competitors. For the REITs industry, the median Pretax Margin % is 46.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Pretax Margin % is 394.43%, which is 142% above median its own 10-year median of 162.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$35.19, compared to a current price of R$51.80 — trading 47.2% above its estimated fair value. The current Pretax Margin % is 394.43%, which is 142% above median its 10-year median of 162.72 and 742.5% above the REITs industry median of 46.82. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's overall GF Score™ is 42/100 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 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11), the current Pretax Margin % is 394.43% as of Dec. 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 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Overvalued in 2026?
Based on GuruFocus' analysis, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario stock appears to be overvalued.
The current stock price of R$51.80 is trading 47.2% above its estimated GF Value™ of R$35.19.
GuruFocus considers Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario to be Significantly Overvalued.
Key valuation signals for BSP:MFII11:
Pretax Margin %: 394.43% (142% above median its 10-year median of 162.72)
GF Value™: R$35.19 vs. price of R$51.80 (47.2% above fair value)
Industry Position: 742.5% above the REITs median (#22 of 932)
No single metric tells the full story. See the BSP:MFII11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Business Description
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is a real estate investment trust. It is engaged in the acquisition of interests in real estate development projects developed in partnership with developers.
42GF Score
Get the complete analysis for BSP:MFII11
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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