IcadeCDMGF -8.54%51 Pretax Margin % is -1.95% as of Dec. 2025. GuruFocus rates CDMGF with a GF Score™ of 51/100 and a GF Value™ of $16.41 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 927 REITs companies, Icade ranks worse than 86.41% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Icade's Pre-Tax Income for the
six
months ended in Dec. 2025 was $-16 Mil. Icade's Revenue for the
six
months ended in Dec. 2025 was $833 Mil. Therefore, Icade's pretax margin for the quarter that ended in Dec. 2025 was -1.95%.
The historical rank and industry rank for Icade's Pretax Margin % or its related term are showing as below:
CDMGF'
s Pretax Margin % Range Over the Past 10 Years
Min: -87.59 Med: 9.38 Max: 38.82
Current: -8.08
CDMGF's Pretax Margin % is ranked worse than 86.41% of 927
companies
in the REITs industry
Industry Median: 46.7
vs CDMGF: -8.08
Icade (OTCPK:CDMGF) 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.
Icade Pretax Margin % Related Terms
Icade Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Icade'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.
CDMGF vs VICI, WPC, BNL: Pretax Margin % Comparison
For the REIT - Diversified subindustry, Icade'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.
Icade Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Icade's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Icade'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.
Icade (CDMGF) has a Pretax Margin % of -1.95% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Icade and its competitors. According to the industry distribution chart, Icade ranks #801 out of 927 companies in the REITs industry, placing it in the top 86.4%.
Is Icade's Pretax Margin % too high?
Icade's current Pretax Margin % is -1.95%. Based on the distribution chart, Icade ranks #801 out of 927 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Icade has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Icade's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Icade ranks #801 out of 927 companies for Pretax Margin %. This places Icade in the lower half of its industry. The industry median Pretax Margin % is 46.70. 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 46.70, based on 927 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. 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 Icade and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icade's current Pretax Margin % is -1.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icade stock overvalued right now?
Based on GuruFocus' analysis, Icade (CDMGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.41, compared to a current price of $22.75 — trading 38.6% above its estimated fair value. The current Pretax Margin % is -1.95%. Icade's overall GF Score™ is 51/100 with 5 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 Icade (CDMGF), the current Pretax Margin % is -1.95% 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 Icade (CDMGF) Overvalued in 2026?
Based on GuruFocus' analysis, Icade stock appears to be overvalued.
The current stock price of $22.75 is trading 38.6% above its estimated GF Value™ of $16.41.
GuruFocus considers Icade to be Significantly Overvalued.
Key valuation signals for CDMGF:
Pretax Margin %: -1.95%
GF Value™: $16.41 vs. price of $22.75 (38.6% above fair value)
No single metric tells the full story. See the CDMGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icade is a French real estate investment trust involved in the ownership and management of commercial property around Paris. The company's real estate portfolio consists of offices, business premises (TV and photo studios, data centers, warehouses, etc.), other assets such as hotels, shops, and land reserves. Its flagship projects include EDENN, HYFIVE, and EQHO. The company has two operating segments: the Property Investment business and the Property Development business. The majority of revenue is derived from the Property Investment business, which focuses on holding and developing office properties and business parks for the rental of these assets and active management of this asset portfolio.
51GF Score
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