CDEVF (City Developments) Pretax Margin %: 33.26% (As of Dec. 2025) — 64% Above Median


CDEVF City Developments Ltd CDEVF
67 GF Score
Price $6.49
GF Value $4.55
Valuation Significantly Overvalued
! 7 Warning Signs
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What is City Developments Pretax Margin %?

City Developments CDEVF -3.85% 67 Pretax Margin % is 33.26% as of Dec. 2025, which is 64% above its 10-year median of 20.33. GuruFocus rates CDEVF with a GF Score™ of 67/100 and a GF Value™ of $4.55 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,754 Real Estate companies, City Developments ranks better than 61.97% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. City Developments's Pre-Tax Income for the six months ended in Dec. 2025 was $489 Mil. City Developments's Revenue for the six months ended in Dec. 2025 was $1,471 Mil. Therefore, City Developments's pretax margin for the quarter that ended in Dec. 2025 was 33.26%.

The historical rank and industry rank for City Developments's Pretax Margin % or its related term are showing as below:

CDEVF' s Pretax Margin % Range Over the Past 10 Years
Min: -84.94   Med: 20.33   Max: 56.38
Current: 21.51


CDEVF's Pretax Margin % is ranked better than
61.97% of 1754 companies
in the Real Estate industry
Industry Median: 12.41 vs CDEVF: 21.51

City Developments  (OTCPK:CDEVF) 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.


City Developments Pretax Margin % Related Terms


City Developments Pretax Margin % Historical Data

* Premium members only.

The historical data trend for City Developments'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.

City Developments Pretax Margin % Chart

City Developments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.18 56.38 9.56 11.43 21.51

City Developments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.10 9.95 12.79 8.29 33.26

City Developments Pretax Margin % Competitor Comparison

For the Real Estate - Development subindustry, City Developments'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.


City Developments Pretax Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, City Developments's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where City Developments's Pretax Margin % falls into.


CDEVF
67GF Score
City Developments Ltd CDEVF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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City Developments 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.

City Developments'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 )
=597.738/2779.183
=21.51 %

City Developments'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 )
=489.376/1471.448
=33.26 %

* 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 33.26% mean?
City Developments (CDEVF) has a Pretax Margin % of 33.26% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on City Developments and its competitors. This is 64% above median its historical median of 20.33. According to the industry distribution chart, City Developments ranks #667 out of 1754 companies in the Real Estate industry, placing it in the top 38%.
Is City Developments' Pretax Margin % too high?
City Developments' current Pretax Margin % of 33.26% is 64% above median its 10-year median of 20.33. The Real Estate industry median Pretax Margin % is 12.41. City Developments' value of 33.26% is 168% above this industry median. Based on the distribution chart, City Developments ranks #667 out of 1754 companies in the Real Estate industry, which is above the industry midpoint. Overall, City Developments has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does City Developments' Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, City Developments ranks #667 out of 1754 companies for Pretax Margin %. This puts City Developments in the upper half of its industry. The industry median Pretax Margin % is 12.41. City Developments' value of 33.26% is 168% above this benchmark. While the company's 10-year median is 20.33 vs. the industry median of 12.41, City Developments 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 12.41, based on 1,754 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. City Developments's current Pretax Margin % of 33.26% is 168% 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 City Developments and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Developments's current Pretax Margin % is 33.26%, which is 64% above median its own 10-year median of 20.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Developments stock overvalued right now?
Based on GuruFocus' analysis, City Developments (CDEVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.55, compared to a current price of $6.49 — trading 42.6% above its estimated fair value. The current Pretax Margin % is 33.26%, which is 64% above median its 10-year median of 20.33 and 168% above the Real Estate industry median of 12.41. City Developments' overall GF Score™ is 67/100 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 City Developments (CDEVF), the current Pretax Margin % is 33.26% 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.

Is City Developments (CDEVF) Overvalued in 2026?

Based on GuruFocus' analysis, City Developments stock appears to be overvalued. The current stock price of $6.49 is trading 42.6% above its estimated GF Value™ of $4.55. GuruFocus considers City Developments to be Significantly Overvalued.

Key valuation signals for CDEVF:

  • Pretax Margin %: 33.26% (64% above median its 10-year median of 20.33)
  • GF Value™: $4.55 vs. price of $6.49 (42.6% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 168% above the Real Estate median (#667 of 1754)

No single metric tells the full story. See the CDEVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


City Developments Business Description

Address 9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619
City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.
67GF Score

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

$6.49
Price
$4.55
GF Value