Patria Securities Fundo De Invest Imobiliario Respons Limitada (BSP:PSEC11) Pretax Margin %: 68.46% (As of Jun. 2025) — 11% Below Median


BSP:PSEC11 Patria Securities Fundo De Invest Imobiliario Respons Limitada BSP:PSEC11
25 GF Score
Price R$56.05
! 2 Warning Signs
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What is Patria Securities Fundo De Invest Imobiliario Respons Limitada Pretax Margin %?

Patria Securities Fundo De Invest Imobiliario Respons Limitada BSP:PSEC11 -0.11% 25 Pretax Margin % is 68.46% as of Jun. 2025, which is 11% below its 10-year median of 77.31. GuruFocus rates BSP:PSEC11 with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 929 REITs companies, Patria Securities Fundo De Invest Imobiliario Respons Limitada ranks better than 62.86% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Patria Securities Fundo De Invest Imobiliario Respons Limitada's Pre-Tax Income for the six months ended in Jun. 2025 was R$15.39 Mil. Patria Securities Fundo De Invest Imobiliario Respons Limitada's Revenue for the six months ended in Jun. 2025 was R$22.47 Mil. Therefore, Patria Securities Fundo De Invest Imobiliario Respons Limitada's pretax margin for the quarter that ended in Jun. 2025 was 68.46%.

The historical rank and industry rank for Patria Securities Fundo De Invest Imobiliario Respons Limitada's Pretax Margin % or its related term are showing as below:

BSP:PSEC11' s Pretax Margin % Range Over the Past 10 Years
Min: 68.46   Med: 77.31   Max: 86.16
Current: 68.46


BSP:PSEC11's Pretax Margin % is ranked better than
62.86% of 929 companies
in the REITs industry
Industry Median: 46.93 vs BSP:PSEC11: 68.46

Patria Securities Fundo De Invest Imobiliario Respons Limitada  (BSP:PSEC11) 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.


Patria Securities Fundo De Invest Imobiliario Respons Limitada Pretax Margin % Related Terms


Patria Securities Fundo De Invest Imobiliario Respons Limitada Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Patria Securities Fundo De Invest Imobiliario Respons Limitada'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.

Patria Securities Fundo De Invest Imobiliario Respons Limitada Pretax Margin % Chart

Patria Securities Fundo De Invest Imobiliario Respons Limitada Annual Data
Trend Jun24 Jun25
Pretax Margin %
86.16 68.46

Patria Securities Fundo De Invest Imobiliario Respons Limitada Semi-Annual Data
Jun24 Jun25
Pretax Margin % 86.16 68.46

BSP:PSEC11 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Patria Securities Fundo De Invest Imobiliario Respons Limitada'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.


Patria Securities Fundo De Invest Imobiliario Respons Limitada Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Patria Securities Fundo De Invest Imobiliario Respons Limitada's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Patria Securities Fundo De Invest Imobiliario Respons Limitada's Pretax Margin % falls into.


BSP:PSEC11
25GF Score
Patria Securities Fundo De Invest Imobiliario Respons Limitada BSP:PSEC11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Patria Securities Fundo De Invest Imobiliario Respons Limitada 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.

Patria Securities Fundo De Invest Imobiliario Respons Limitada'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 )
=15.385/22.474
=68.46 %

Patria Securities Fundo De Invest Imobiliario Respons Limitada'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 )
=15.385/22.474
=68.46 %

* 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 68.46% mean?
Patria Securities Fundo De Invest Imobiliario Respons Limitada (BSP:PSEC11) has a Pretax Margin % of 68.46% as of Jun. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Patria Securities Fundo De Invest Imobiliario Respons Limitada and its competitors. This is 11% below median its historical median of 77.31. Over the past decade, Patria Securities Fundo De Invest Imobiliario Respons Limitada's Pretax Margin % has ranged from 68.46 to 86.16. According to the industry distribution chart, Patria Securities Fundo De Invest Imobiliario Respons Limitada ranks #345 out of 929 companies in the REITs industry, placing it in the top 37.1%.
Is Patria Securities Fundo De Invest Imobiliario Respons Limitada's Pretax Margin % too high?
Patria Securities Fundo De Invest Imobiliario Respons Limitada's current Pretax Margin % of 68.46% is 11% below median its 10-year median of 77.31. Over the past 10 years, this metric has ranged from a low of 68.46 to a high of 86.16. The REITs industry median Pretax Margin % is 46.93. Patria Securities Fundo De Invest Imobiliario Respons Limitada's value of 68.46% is 45.9% above this industry median. Based on the distribution chart, Patria Securities Fundo De Invest Imobiliario Respons Limitada ranks #345 out of 929 companies in the REITs industry, which is above the industry midpoint. Overall, Patria Securities Fundo De Invest Imobiliario Respons Limitada has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Patria Securities Fundo De Invest Imobiliario Respons Limitada's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Patria Securities Fundo De Invest Imobiliario Respons Limitada ranks #345 out of 929 companies for Pretax Margin %. This puts Patria Securities Fundo De Invest Imobiliario Respons Limitada in the upper half of its industry. The industry median Pretax Margin % is 46.93. Patria Securities Fundo De Invest Imobiliario Respons Limitada's value of 68.46% is 45.9% above this benchmark. Historically, Patria Securities Fundo De Invest Imobiliario Respons Limitada's own Pretax Margin % has ranged from 68.46 to 86.16 over the past decade. While the company's 10-year median is 77.31 vs. the industry median of 46.93, Patria Securities Fundo De Invest Imobiliario Respons Limitada 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. Patria Securities Fundo De Invest Imobiliario Respons Limitada's current Pretax Margin % of 68.46% is 45.9% 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 Patria Securities Fundo De Invest Imobiliario Respons Limitada 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. Patria Securities Fundo De Invest Imobiliario Respons Limitada's current Pretax Margin % is 68.46%, which is 11% below median its own 10-year median of 77.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Securities Fundo De Invest Imobiliario Respons Limitada stock overvalued right now?
Patria Securities Fundo De Invest Imobiliario Respons Limitada (BSP:PSEC11) has a current Pretax Margin % of 68.46%. The current Pretax Margin % is 68.46%, which is 11% below median its 10-year median of 77.31 and 45.9% above the REITs industry median of 46.93. Patria Securities Fundo De Invest Imobiliario Respons Limitada's overall GF Score™ is 25/100 with 2 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 Patria Securities Fundo De Invest Imobiliario Respons Limitada (BSP:PSEC11), the current Pretax Margin % is 68.46% 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.

Patria Securities Fundo De Invest Imobiliario Respons Limitada Business Description

Industry Real EstateREITs
Address Rua Iguatemi, 151, 19th Floor, Itaim Bibi, Pinheiros, SP, BRA, 01451-011
Patria Securities Fundo De Invest Imobiliario Respons Limitada is engaged in investing in units of other real estate investment funds and also in shares or units of companies, units of private equity funds or equity investment funds, real estate receivables certificates, and units of credit rights investment funds; mortgage bonds, real estate credit notes, and secured real estate notes.
25GF Score

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