Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211) Pretax Margin %: 94.39% (As of Dec. 2025) — Near Median


BSP:SPG211 Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada BSP:SPG211
7 GF Score
Price R$11.94
! 1 Warning Sign
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What is Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Pretax Margin %?

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada BSP:SPG211 7 Pretax Margin % is 94.39% as of Dec. 2025, which is at its 10-year median of 94.39. GuruFocus rates BSP:SPG211 with a GF Score™ of 7/100. The stock has 1 warning sign investors should review. Among 927 REITs companies, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada ranks better than 80.8% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Pre-Tax Income for the six months ended in Dec. 2025 was R$18.08 Mil. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Revenue for the six months ended in Dec. 2025 was R$19.15 Mil. Therefore, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's pretax margin for the quarter that ended in Dec. 2025 was 94.39%.

The historical rank and industry rank for Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Pretax Margin % or its related term are showing as below:

BSP:SPG211' s Pretax Margin % Range Over the Past 10 Years
Min: 94.39   Med: 94.39   Max: 94.39
Current: 94.39

BSP:SPG211's Pretax Margin % is ranked better than
80.8% of 927 companies
in the REITs industry
Industry Median: 46.7 vs BSP:SPG211: 94.39

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada  (BSP:SPG211) 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.

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Pretax Margin % Related Terms

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Spgm Ii Fundo De Investimento Imobiliario Responsabilidade 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.

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Pretax Margin % Chart

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Annual Data
Trend Dec24 Dec25
Pretax Margin %
0.00 94.39

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Semi-Annual Data
Dec24 Dec25
Pretax Margin % 0.00 94.39

BSP:SPG211 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade 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.

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Pretax Margin % falls into.


BSP:SPG211
7GF Score
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada BSP:SPG211
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spgm Ii Fundo De Investimento Imobiliario Responsabilidade 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.

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada'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 )
=18.076/19.15
=94.39 %

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada'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 )
=18.076/19.15
=94.39 %

* 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 94.39% mean?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211) has a Pretax Margin % of 94.39% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada and its competitors. This is near median its historical median of 94.39. Over the past decade, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Pretax Margin % has ranged from 94.39 to 94.39. According to the industry distribution chart, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada ranks #178 out of 927 companies in the REITs industry, placing it in the top 19.2%.
Is Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Pretax Margin % too high?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's current Pretax Margin % of 94.39% is near median its 10-year median of 94.39. Over the past 10 years, this metric has ranged from a low of 94.39 to a high of 94.39. The REITs industry median Pretax Margin % is 46.70. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's value of 94.39% is 102.1% above this industry median. Based on the distribution chart, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada ranks #178 out of 927 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada ranks #178 out of 927 companies for Pretax Margin %. This places Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.70. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's value of 94.39% is 102.1% above this benchmark. Historically, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's own Pretax Margin % has ranged from 94.39 to 94.39 over the past decade. While the company's 10-year median is 94.39 vs. the industry median of 46.70, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade 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 46.70, based on 927 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. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's current Pretax Margin % of 94.39% is 102.1% 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 Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada 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. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's current Pretax Margin % is 94.39%, which is near median its own 10-year median of 94.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada stock overvalued right now?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211) has a current Pretax Margin % of 94.39%. The current Pretax Margin % is 94.39%, which is near median its 10-year median of 94.39 and 102.1% above the REITs industry median of 46.70. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's overall GF Score™ is 7/100 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 Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211), the current Pretax Margin % is 94.39% 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.

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Business Description

Industry Real EstateREITs
Address Rua Dr. Eduardo de Souza Aranha, No. 153, 4th floor, Itaim Bibi, Sao Paulo, SP, BRA, 4543-120
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada is a real estate investment fund. It is established to carry out the activity of providing services for the management of portfolios of securities and securities (Administrator), within the scope of the primary public offering of the 1st (first) issue of shares of Class Single Class of the Fund, in a single class and series.
7GF Score

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