Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons (BSP:TELM11) Pretax Margin %: 58.12% (As of Dec. 2025) — Near Median

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BSP:TELM11 Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Ltd BSP:TELM11
5 GF Score
Price R$10.09
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What is Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Pretax Margin %?

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons BSP:TELM11 -0.49% 5 Pretax Margin % is 58.12% as of Dec. 2025, which is at its 10-year median of 58.12. GuruFocus rates BSP:TELM11 with a GF Score™ of 5/100. The stock has 1 warning sign investors should review. Among 923 REITs companies, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ranks better than 57.75% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's Pre-Tax Income for the six months ended in Dec. 2025 was R$4.48 Mil. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's Revenue for the six months ended in Dec. 2025 was R$7.70 Mil. Therefore, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's pretax margin for the quarter that ended in Dec. 2025 was 58.12%.

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

BSP:TELM11' s Pretax Margin % Range Over the Past 10 Years
Min: 58.12   Med: 58.12   Max: 58.12
Current: 58.12


BSP:TELM11's Pretax Margin % is ranked better than
57.75% of 923 companies
in the REITs industry
Industry Median: 47.33 vs BSP:TELM11: 58.12

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons  (BSP:TELM11) 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.


Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Pretax Margin % Related Terms


Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons'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.

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Pretax Margin % Chart

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Annual Data
Trend Dec24 Dec25
Pretax Margin %
0.00 58.12

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Semi-Annual Data
Dec24 Dec25
Pretax Margin % 0.00 58.12

BSP:TELM11 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons'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.


Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Pretax Margin % vs REITs Industry

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

* The bar in red indicates where Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's Pretax Margin % falls into.


BSP:TELM11
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Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Ltd BSP:TELM11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons 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.

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons'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 )
=4.475/7.699
=58.12 %

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons'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 )
=4.475/7.699
=58.12 %

* 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 58.12% mean?
Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons (BSP:TELM11) has a Pretax Margin % of 58.12% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons and its competitors. This is near median its historical median of 58.12. Over the past decade, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' Pretax Margin % has ranged from 58.12 to 58.12. According to the industry distribution chart, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ranks #390 out of 923 companies in the REITs industry, placing it in the top 42.3%.
Is Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' Pretax Margin % too high?
Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' current Pretax Margin % of 58.12% is near median its 10-year median of 58.12. Over the past 10 years, this metric has ranged from a low of 58.12 to a high of 58.12. The REITs industry median Pretax Margin % is 47.33. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' value of 58.12% is 22.8% above this industry median. Based on the distribution chart, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ranks #390 out of 923 companies in the REITs industry, which is above the industry midpoint. Overall, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ranks #390 out of 923 companies for Pretax Margin %. This puts Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons in the upper half of its industry. The industry median Pretax Margin % is 47.33. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' value of 58.12% is 22.8% above this benchmark. Historically, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' own Pretax Margin % has ranged from 58.12 to 58.12 over the past decade. While the company's 10-year median is 58.12 vs. the industry median of 47.33, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons 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 47.33, 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. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's current Pretax Margin % of 58.12% is 22.8% 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 Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons and its competitors. For the REITs industry, the median Pretax Margin % is 47.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's current Pretax Margin % is 58.12%, which is near median its own 10-year median of 58.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons stock overvalued right now?
Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons (BSP:TELM11) has a current Pretax Margin % of 58.12%. The current Pretax Margin % is 58.12%, which is near median its 10-year median of 58.12 and 22.8% above the REITs industry median of 47.33. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' overall GF Score™ is 5/100 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 Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons (BSP:TELM11), the current Pretax Margin % is 58.12% 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.

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Business Description

Industry Real EstateREITs
Address Avenue Brigadeiro de Faria Lima, No. 2179, 10th Floor, Sao Paulo, SP, BRA, 01452-001
Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Ltd is engaged in obtaining income and capital gains and offer units to its shareholders in the form of investment, and divestment in real estate assets.
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