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.
Cellnex Telecom Pretax Margin % Related Terms
Cellnex Telecom Pretax Margin % Historical Data
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The historical data trend for Cellnex Telecom'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.
CLLNY vs CBRE, BEKE, CSGP: Pretax Margin % Comparison
For the Real Estate Services subindustry, Cellnex Telecom'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.
Cellnex Telecom Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Cellnex Telecom's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Cellnex Telecom'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.
Cellnex Telecom (CLLNY) has a Pretax Margin % of -4.17% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Cellnex Telecom and its competitors. According to the industry distribution chart, Cellnex Telecom ranks #1339 out of 1757 companies in the Real Estate industry, placing it in the top 76.2%.
Is Cellnex Telecom's Pretax Margin % too high?
Cellnex Telecom's current Pretax Margin % is -4.17%. Based on the distribution chart, Cellnex Telecom ranks #1339 out of 1757 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Cellnex Telecom has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cellnex Telecom's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Cellnex Telecom ranks #1339 out of 1757 companies for Pretax Margin %. This places Cellnex Telecom in the lower half of its industry. The industry median Pretax Margin % is 12.28. 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. 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 Cellnex Telecom 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. Cellnex Telecom's current Pretax Margin % is -4.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cellnex Telecom stock overvalued right now?
Based on GuruFocus' analysis, Cellnex Telecom (CLLNY) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.00, compared to a current price of $15.88 — trading 11.8% below its estimated fair value. The current Pretax Margin % is -4.17%. Cellnex Telecom's overall GF Score™ is 77/100 with 6 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 Cellnex Telecom (CLLNY), the current Pretax Margin % is -4.17% 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 Cellnex Telecom (CLLNY) Overvalued in 2026?
Based on GuruFocus' analysis, Cellnex Telecom stock appears to be undervalued.
The current stock price of $15.88 is trading 11.8% below its estimated GF Value™ of $18.00.
GuruFocus considers Cellnex Telecom to be Modestly Undervalued.
Key valuation signals for CLLNY:
Pretax Margin %: -4.17%
GF Value™: $18.00 vs. price of $15.88 (11.8% below fair value)
No single metric tells the full story. See the CLLNY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cellnex owns and operates more than 100,000 wireless towers in Europe, the result of continued merger and acquisition activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in France, Italy, Spain, Poland, and the United Kingdom, among others.
77GF Score
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