Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios (BSP:RECR11) Pretax Margin %: 90.64% (As of Dec. 2025) — Near Median

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BSP:RECR11 Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios BSP:RECR11
78 GF Score
Price R$80.87
GF Value R$85.36
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Pretax Margin %?

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios BSP:RECR11 +0.16% 78 Pretax Margin % is 90.64% as of Dec. 2025, which is 2% below its 10-year median of 92.43. GuruFocus rates BSP:RECR11 with a GF Score™ of 78/100 and a GF Value™ of R$85.36 (Fairly Valued). The stock has 6 warning signs investors should review. Among 923 REITs companies, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios ranks better than 76.38% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Pre-Tax Income for the six months ended in Dec. 2025 was R$283.8 Mil. Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Revenue for the six months ended in Dec. 2025 was R$313.1 Mil. Therefore, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's pretax margin for the quarter that ended in Dec. 2025 was 90.64%.

The historical rank and industry rank for Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Pretax Margin % or its related term are showing as below:

BSP:RECR11' s Pretax Margin % Range Over the Past 10 Years
Min: 81.92   Med: 92.43   Max: 95.15
Current: 90.64


BSP:RECR11's Pretax Margin % is ranked better than
76.38% of 923 companies
in the REITs industry
Industry Median: 46.93 vs BSP:RECR11: 90.64

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios  (BSP:RECR11) 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.


Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Pretax Margin % Related Terms


Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios'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.

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Pretax Margin % Chart

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial 94.80 93.74 90.64 81.92 90.64

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin % Get a 7-Day Free Trial 94.80 93.74 90.64 81.92 90.64

BSP:RECR11 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios'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.


Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Pretax Margin % falls into.


BSP:RECR11
78GF Score
Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios BSP:RECR11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios 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.

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios'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 )
=283.832/313.14
=90.64 %

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=283.832/313.14
=90.64 %

* 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 90.64% mean?
Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios (BSP:RECR11) has a Pretax Margin % of 90.64% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios and its competitors. This is near median its historical median of 92.43. Over the past decade, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios' Pretax Margin % has ranged from 81.92 to 95.15. According to the industry distribution chart, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios ranks #218 out of 923 companies in the REITs industry, placing it in the top 23.6%.
Is Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios' Pretax Margin % too high?
Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios' current Pretax Margin % of 90.64% is near median its 10-year median of 92.43. Over the past 10 years, this metric has ranged from a low of 81.92 to a high of 95.15. The REITs industry median Pretax Margin % is 46.93. Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios' value of 90.64% is 93.1% above this industry median. Based on the distribution chart, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios ranks #218 out of 923 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios' Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios ranks #218 out of 923 companies for Pretax Margin %. This places Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.93. Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios' value of 90.64% is 93.1% above this benchmark. Historically, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios' own Pretax Margin % has ranged from 81.92 to 95.15 over the past decade. While the company's 10-year median is 92.43 vs. the industry median of 46.93, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios 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 923 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. Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's current Pretax Margin % of 90.64% is 93.1% 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 Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios 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. Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's current Pretax Margin % is 90.64%, which is near median its own 10-year median of 92.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios (BSP:RECR11) is currently considered Fairly Valued. The stock's GF Value™ is R$85.36, compared to a current price of R$80.87 — trading 5.3% below its estimated fair value. The current Pretax Margin % is 90.64%, which is near median its 10-year median of 92.43 and 93.1% above the REITs industry median of 46.93. Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios' overall GF Score™ is 78/100 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 Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios (BSP:RECR11), the current Pretax Margin % is 90.64% 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 Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios (BSP:RECR11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios stock appears to be undervalued. The current stock price of R$80.87 is trading 5.3% below its estimated GF Value™ of R$85.36. GuruFocus considers Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios to be Fairly Valued.

Key valuation signals for BSP:RECR11:

  • Pretax Margin %: 90.64% (near median its 10-year median of 92.43)
  • GF Value™: R$85.36 vs. price of R$80.87 (5.3% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 93.1% above the REITs median (#218 of 923)

No single metric tells the full story. See the BSP:RECR11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Business Description

Industry Real EstateREITs
Address Rua Iguatemi, 151, 19th floor, Itaim Bibi, Sao Paulo, SP, BRA, 01451-011
Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios is an investment company. The purpose of the Fund is to invest in real estate projects, through the acquisition of assets, or rights related thereto, subject to the other requirements and investment policy provisions.
78GF Score

Get the complete analysis for BSP:RECR11

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

R$80.87
Price
R$85.36
GF Value