Vivara ParticipacoesBSP:VIVA3 +0.09%93 Pretax Margin % is 10.28% as of Mar. 2026, which is 43% below its 10-year median of 18.14. GuruFocus rates BSP:VIVA3 with a GF Score™ of 93/100 and a GF Value™ of R$33.68 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,124 Retail - Cyclical companies, Vivara Participacoes ranks better than 94.57% 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.
Vivara Participacoes Pretax Margin % Related Terms
Vivara Participacoes Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Vivara Participacoes'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.
BSP:VIVA3 vs TPR, SIG, CPRI: Pretax Margin % Comparison
For the Luxury Goods subindustry, Vivara Participacoes'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.
Vivara Participacoes Pretax Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Vivara Participacoes's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Vivara Participacoes'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.
Vivara Participacoes (BSP:VIVA3) has a Pretax Margin % of 10.28% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Vivara Participacoes and its competitors. This is 43% below median its historical median of 18.14. Over the past decade, Vivara Participacoes' Pretax Margin % has ranged from 14.18 to 42.32. According to the industry distribution chart, Vivara Participacoes ranks #61 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 5.4%.
Is Vivara Participacoes' Pretax Margin % too high?
Vivara Participacoes' current Pretax Margin % of 10.28% is 43% below median its 10-year median of 18.14. Over the past 10 years, this metric has ranged from a low of 14.18 to a high of 42.32. The Retail - Cyclical industry median Pretax Margin % is 3.17. Vivara Participacoes' value of 10.28% is 224.3% above this industry median. Based on the distribution chart, Vivara Participacoes ranks #61 out of 1124 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Vivara Participacoes has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vivara Participacoes' Pretax Margin % compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Vivara Participacoes ranks #61 out of 1124 companies for Pretax Margin %. This places Vivara Participacoes in the top 5% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.17. Vivara Participacoes' value of 10.28% is 224.3% above this benchmark. Historically, Vivara Participacoes' own Pretax Margin % has ranged from 14.18 to 42.32 over the past decade. While the company's 10-year median is 18.14 vs. the industry median of 3.17, Vivara Participacoes 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 Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.17, based on 1,124 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. Vivara Participacoes's current Pretax Margin % of 10.28% is 224.3% 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 Vivara Participacoes and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vivara Participacoes's current Pretax Margin % is 10.28%, which is 43% below median its own 10-year median of 18.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivara Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Vivara Participacoes (BSP:VIVA3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$33.68, compared to a current price of R$22.77 — trading 32.4% below its estimated fair value. The current Pretax Margin % is 10.28%, which is 43% below median its 10-year median of 18.14 and 224.3% above the Retail - Cyclical industry median of 3.17. Vivara Participacoes' overall GF Score™ is 93/100 with 2 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 Vivara Participacoes (BSP:VIVA3), the current Pretax Margin % is 10.28% 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 Vivara Participacoes (BSP:VIVA3) Overvalued in 2026?
Based on GuruFocus' analysis, Vivara Participacoes stock appears to be undervalued.
The current stock price of R$22.77 is trading 32.4% below its estimated GF Value™ of R$33.68.
GuruFocus considers Vivara Participacoes to be Significantly Undervalued.
Key valuation signals for BSP:VIVA3:
Pretax Margin %: 10.28% (43% below median its 10-year median of 18.14)
GF Value™: R$33.68 vs. price of R$22.77 (32.4% below fair value)
Industry Position: 224.3% above the Retail - Cyclical median (#61 of 1124)
No single metric tells the full story. See the BSP:VIVA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vivara Participacoes SA is a Brazil-based company engaged in operating jewelry chain in Brazil. Its brands Vivara, Life by Vivara, Vivara Watches, Vivara Accessories e Vivara Fragrances are available at multiple sales points across the country. The firm operates business through Physical Stores, online sales and others. Substantial revenue is earned from the sales of Jewelry items.
93GF Score
Get the complete analysis for BSP:VIVA3
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:VIVA3 has been successfully added to your 
