Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) Pretax Margin %: 106.85% (As of Dec. 2025) — Near Median

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BSP:SNCI11 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Res Ltda BSP:SNCI11
58 GF Score
Price R$87.44
GF Value R$144.00
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Pretax Margin %?

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa BSP:SNCI11 -0.57% 58 Pretax Margin % is 106.85% as of Dec. 2025, which is 2% above its 10-year median of 104.34. GuruFocus rates BSP:SNCI11 with a GF Score™ of 58/100 and a GF Value™ of R$144.00 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 923 REITs companies, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa ranks better than 88.73% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Pre-Tax Income for the six months ended in Dec. 2025 was R$60.07 Mil. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Revenue for the six months ended in Dec. 2025 was R$56.22 Mil. Therefore, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's pretax margin for the quarter that ended in Dec. 2025 was 106.85%.

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

BSP:SNCI11' s Pretax Margin % Range Over the Past 10 Years
Min: 63.87   Med: 104.34   Max: 111.85
Current: 106.85


BSP:SNCI11's Pretax Margin % is ranked better than
88.73% of 923 companies
in the REITs industry
Industry Median: 46.7 vs BSP:SNCI11: 106.85

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa  (BSP:SNCI11) 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.


Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Pretax Margin % Related Terms


Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Pretax Margin % Chart

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
0.00 101.82 111.85 63.87 106.85

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin % 0.00 101.82 111.85 63.87 106.85

BSP:SNCI11 vs NLY, AGNC, STWD: Pretax Margin % Comparison

For the REIT - Mortgage subindustry, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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.


Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Pretax Margin % vs REITs Industry

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

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


BSP:SNCI11
58GF Score
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Res Ltda BSP:SNCI11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa 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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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 )
=60.074/56.221
=106.85 %

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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 )
=60.074/56.221
=106.85 %

* 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 106.85% mean?
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) has a Pretax Margin % of 106.85% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa and its competitors. This is near median its historical median of 104.34. Over the past decade, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Pretax Margin % has ranged from 63.87 to 111.85. According to the industry distribution chart, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa ranks #104 out of 923 companies in the REITs industry, placing it in the top 11.3%.
Is Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Pretax Margin % too high?
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's current Pretax Margin % of 106.85% is near median its 10-year median of 104.34. Over the past 10 years, this metric has ranged from a low of 63.87 to a high of 111.85. The REITs industry median Pretax Margin % is 46.70. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's value of 106.85% is 128.8% above this industry median. Based on the distribution chart, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa ranks #104 out of 923 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Pretax Margin % compare to NLY and AGNC?
According to the REITs industry distribution chart, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa ranks #104 out of 923 companies for Pretax Margin %. This places Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa in the top 11% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.70. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's value of 106.85% is 128.8% above this benchmark. Historically, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's own Pretax Margin % has ranged from 63.87 to 111.85 over the past decade. While the company's 10-year median is 104.34 vs. the industry median of 46.70, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa 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 46.70, 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. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's current Pretax Margin % of 106.85% is 128.8% 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 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's current Pretax Margin % is 106.85%, which is near median its own 10-year median of 104.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa stock overvalued right now?
Based on GuruFocus' analysis, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$144.00, compared to a current price of R$87.44 — trading 39.3% below its estimated fair value. The current Pretax Margin % is 106.85%, which is near median its 10-year median of 104.34 and 128.8% above the REITs industry median of 46.70. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's overall GF Score™ is 58/100 with 1 warning sign 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 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11), the current Pretax Margin % is 106.85% 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 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) Overvalued in 2026?

Based on GuruFocus' analysis, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa stock appears to be undervalued. The current stock price of R$87.44 is trading 39.3% below its estimated GF Value™ of R$144.00. GuruFocus considers Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa to be Significantly Undervalued.

Key valuation signals for BSP:SNCI11:

  • Pretax Margin %: 106.85% (near median its 10-year median of 104.34)
  • GF Value™: R$144.00 vs. price of R$87.44 (39.3% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 128.8% above the REITs median (#104 of 923)

No single metric tells the full story. See the BSP:SNCI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Business Description

Industry Real EstateREITs
Address Botafogo Beach, 501, 6th Floor, Rio de Janeiro, RJ, BRA, 22250040
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Res Ltda objective is to invest, in real estate receivables certificates that include mortgage bills (LH); real estate credit bills (LCI); guaranteed real estate bills (LIG); certificates of additional construction potential issued pursuant to CVM Resolution 84; quotas of private equity investment funds; quotas of credit rights investment funds; shares or quotas of companies; shares, debentures, subscription warrants, their coupons, rights, subscription receipts, and other financial assets, securities, and marketable securities; real estate, as well as in any real rights over real estate, or through indirect investment in real estate by means of acquiring other Target Assets; and other financial assets, titles, and securities.
58GF Score

Get the complete analysis for BSP:SNCI11

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

R$87.44
Price
R$144.00
GF Value