Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid (BSP:VGII11) Pretax Margin %: 98.66% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:VGII11 Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid BSP:VGII11
9 GF Score
Price R$61.18
! 1 Warning Sign
View Full Analysis

What is Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid Pretax Margin %?

Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid BSP:VGII11 9 Pretax Margin % is 98.66% as of Dec. 2025, which is 1% above its 10-year median of 97.78. GuruFocus rates BSP:VGII11 with a GF Score™ of 9/100. The stock has 1 warning sign investors should review.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's Pre-Tax Income for the six months ended in Dec. 2025 was R$8.34 Mil. Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's Revenue for the six months ended in Dec. 2025 was R$8.46 Mil. Therefore, Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's pretax margin for the quarter that ended in Dec. 2025 was 98.66%.

The historical rank and industry rank for Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's Pretax Margin % or its related term are showing as below:

BSP:VGII11' s Pretax Margin % Range Over the Past 10 Years
Min: 96.9   Med: 97.78   Max: 98.66
Current: 98.66


BSP:VGII11's Pretax Margin % is not ranked
in the REITs industry.
Industry Median: 47.48 vs BSP:VGII11: 98.66

Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid  (BSP:VGII11) 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.


Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid Pretax Margin % Related Terms


Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid'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.

Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid Pretax Margin % Chart

Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid Annual Data
Trend Dec23 Dec24 Dec25
Pretax Margin %
0.00 96.90 98.66

Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid Semi-Annual Data
Dec23 Dec24 Dec25
Pretax Margin % 0.00 96.90 98.66

BSP:VGII11 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid'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.


Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's Pretax Margin % falls into.


BSP:VGII11
9GF Score
Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid BSP:VGII11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid 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.

Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid'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 )
=8.342/8.455
=98.66 %

Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid'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 )
=8.342/8.455
=98.66 %

* 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 98.66% mean?
Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid (BSP:VGII11) has a Pretax Margin % of 98.66% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid and its competitors. This is near median its historical median of 97.78. Over the past decade, Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's Pretax Margin % has ranged from 96.90 to 98.66.
Is Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's Pretax Margin % too high?
Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's current Pretax Margin % of 98.66% is near median its 10-year median of 97.78. Over the past 10 years, this metric has ranged from a low of 96.90 to a high of 98.66. The REITs industry median Pretax Margin % is 47.48. Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's value of 98.66% is 107.8% above this industry median. Overall, Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's Pretax Margin % compare to VICI and WPC?
Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's Pretax Margin % of 98.66% can be compared against companies in the REITs industry. The industry median Pretax Margin % is 47.48. Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's value of 98.66% is 107.8% above this benchmark. Historically, Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's own Pretax Margin % has ranged from 96.90 to 98.66 over the past decade. While the company's 10-year median is 97.78 vs. the industry median of 47.48, Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid 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 47.48, based on 917 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. Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's current Pretax Margin % of 98.66% is 107.8% 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 Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid and its competitors. For the REITs industry, the median Pretax Margin % is 47.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's current Pretax Margin % is 98.66%, which is near median its own 10-year median of 97.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid stock overvalued right now?
Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid (BSP:VGII11) has a current Pretax Margin % of 98.66%. The current Pretax Margin % is 98.66%, which is near median its 10-year median of 97.78 and 107.8% above the REITs industry median of 47.48. Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid's overall GF Score™ is 9/100 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 Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid (BSP:VGII11), the current Pretax Margin % is 98.66% 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.

Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid Business Description

Industry Real EstateREITs
Address Avenida Paulista, 0 - 2nd floor, Sao Paulo, SP, BRA, CEP: 1311200
Valora Cri Infra Ii Fundo De Investimento Imobiliario De Responsabilid is a fund which falls into the category of real estate investment fund. The Fund's objective is to invest predominantly in Certificates of Real Estate Receivables.
9GF Score

Get the complete analysis for BSP:VGII11

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

R$61.18
Price