Construtora TendaBSP:TEND3 +2.11%68 Pretax Margin % is 16.43% as of Mar. 2026, which is 112% above its 10-year median of 7.76. GuruFocus rates BSP:TEND3 with a GF Score™ of 68/100 and a GF Value™ of R$20.58 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,757 Real Estate companies, Construtora Tenda ranks better than 53.61% on this metric.
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.
Construtora Tenda Pretax Margin % Related Terms
Construtora Tenda Pretax Margin % Historical Data
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The historical data trend for Construtora Tenda'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.
For the Real Estate - Development subindustry, Construtora Tenda'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.
Construtora Tenda Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Construtora Tenda's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Construtora Tenda's Pretax Margin % falls into.
* 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.
Construtora Tenda (BSP:TEND3) has a Pretax Margin % of 16.43% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Construtora Tenda and its competitors. This is 112% above median its historical median of 7.76. According to the industry distribution chart, Construtora Tenda ranks #815 out of 1757 companies in the Real Estate industry, placing it in the top 46.4%.
Is Construtora Tenda's Pretax Margin % too high?
Construtora Tenda's current Pretax Margin % of 16.43% is 112% above median its 10-year median of 7.76. The Real Estate industry median Pretax Margin % is 12.28. Construtora Tenda's value of 16.43% is 33.8% above this industry median. Based on the distribution chart, Construtora Tenda ranks #815 out of 1757 companies in the Real Estate industry, which is above the industry midpoint. Overall, Construtora Tenda has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construtora Tenda's Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, Construtora Tenda ranks #815 out of 1757 companies for Pretax Margin %. This puts Construtora Tenda in the upper half of its industry. The industry median Pretax Margin % is 12.28. Construtora Tenda's value of 16.43% is 33.8% above this benchmark. While the company's 10-year median is 7.76 vs. the industry median of 12.28, Construtora Tenda 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.28, based on 1,757 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. Construtora Tenda's current Pretax Margin % of 16.43% is 33.8% 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 Construtora Tenda and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construtora Tenda's current Pretax Margin % is 16.43%, which is 112% above median its own 10-year median of 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construtora Tenda stock overvalued right now?
Based on GuruFocus' analysis, Construtora Tenda (BSP:TEND3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$20.58, compared to a current price of R$36.85 — trading 79.1% above its estimated fair value. The current Pretax Margin % is 16.43%, which is 112% above median its 10-year median of 7.76 and 33.8% above the Real Estate industry median of 12.28. Construtora Tenda's overall GF Score™ is 68/100 with 7 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 Construtora Tenda (BSP:TEND3), the current Pretax Margin % is 16.43% as of Mar. 2026. 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 Construtora Tenda (BSP:TEND3) Overvalued in 2026?
Based on GuruFocus' analysis, Construtora Tenda stock appears to be overvalued.
The current stock price of R$36.85 is trading 79.1% above its estimated GF Value™ of R$20.58.
GuruFocus considers Construtora Tenda to be Significantly Overvalued.
Key valuation signals for BSP:TEND3:
Pretax Margin %: 16.43% (112% above median its 10-year median of 7.76)
GF Value™: R$20.58 vs. price of R$36.85 (79.1% above fair value)
Industry Position: 33.8% above the Real Estate median (#815 of 1757)
No single metric tells the full story. See the BSP:TEND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Construtora Tenda SA is engaged in the performance of general construction works: the merger of property; the purchase and sale of properties; providing construction management services; intermediating the sale of consortium shares; and participation in other companies. Subsidiaries share the managerial, operating structures, and corporate costs. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings. It has two segments On-site and Off-site.
68GF Score
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