Industrial & Infrastructure Fund Investment (FRA:2ES) Pretax Margin %: 45.65% (As of Jan. 2026) — Near Median


FRA:2ES Industrial & Infrastructure Fund Investment Corp FRA:2ES
77 GF Score
Price €775.00
GF Value €754.11
! 11 Warning Signs
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What is Industrial & Infrastructure Fund Investment Pretax Margin %?

Industrial & Infrastructure Fund Investment FRA:2ES +0.65% 77 Pretax Margin % is 45.65% as of Jan. 2026, which is 7% above its 10-year median of 42.78. GuruFocus rates FRA:2ES with a GF Score™ of 77/100 and a GF Value™ of €754.11. The stock has 11 warning signs investors should review. Among 927 REITs companies, Industrial & Infrastructure Fund Investment ranks worse than 54.37% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Industrial & Infrastructure Fund Investment's Pre-Tax Income for the six months ended in Jan. 2026 was €59.6 Mil. Industrial & Infrastructure Fund Investment's Revenue for the six months ended in Jan. 2026 was €130.5 Mil. Therefore, Industrial & Infrastructure Fund Investment's pretax margin for the quarter that ended in Jan. 2026 was 45.65%.

The historical rank and industry rank for Industrial & Infrastructure Fund Investment's Pretax Margin % or its related term are showing as below:

FRA:2ES' s Pretax Margin % Range Over the Past 10 Years
Min: 36.46   Med: 42.78   Max: 49.43
Current: 43.36


FRA:2ES's Pretax Margin % is ranked worse than
54.37% of 927 companies
in the REITs industry
Industry Median: 46.7 vs FRA:2ES: 43.36

Industrial & Infrastructure Fund Investment  (FRA:2ES) 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.


Industrial & Infrastructure Fund Investment Pretax Margin % Related Terms


Industrial & Infrastructure Fund Investment Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Industrial & Infrastructure Fund Investment'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.

Industrial & Infrastructure Fund Investment Pretax Margin % Chart

Industrial & Infrastructure Fund Investment Annual Data
Trend Dec16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.43 36.46 37.33 40.61 41.17

Industrial & Infrastructure Fund Investment Semi-Annual Data
Jun16 Dec16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 39.87 41.25 41.43 40.94 45.65

FRA:2ES vs PLD, PSA, EXR: Pretax Margin % Comparison

For the REIT - Industrial subindustry, Industrial & Infrastructure Fund Investment'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.


Industrial & Infrastructure Fund Investment Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Industrial & Infrastructure Fund Investment's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Industrial & Infrastructure Fund Investment's Pretax Margin % falls into.


FRA:2ES
77GF Score
Industrial & Infrastructure Fund Investment Corp FRA:2ES
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial & Infrastructure Fund Investment 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.

Industrial & Infrastructure Fund Investment's Pretax Margin for the fiscal year that ended in Jul. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2025 )/Revenue (A: Jul. 2025 )
=105.417/256.03
=41.17 %

Industrial & Infrastructure Fund Investment's Pretax Margin for the quarter that ended in Jan. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=59.575/130.504
=45.65 %

* 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 45.65% mean?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a Pretax Margin % of 45.65% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Industrial & Infrastructure Fund Investment and its competitors. This is near median its historical median of 42.78. Over the past decade, Industrial & Infrastructure Fund Investment's Pretax Margin % has ranged from 36.46 to 49.43. According to the industry distribution chart, Industrial & Infrastructure Fund Investment ranks #504 out of 927 companies in the REITs industry, placing it in the top 54.4%.
Is Industrial & Infrastructure Fund Investment's Pretax Margin % too high?
Industrial & Infrastructure Fund Investment's current Pretax Margin % of 45.65% is near median its 10-year median of 42.78. Over the past 10 years, this metric has ranged from a low of 36.46 to a high of 49.43. The REITs industry median Pretax Margin % is 46.70. Industrial & Infrastructure Fund Investment's value of 45.65% is 2.2% below this industry median. Based on the distribution chart, Industrial & Infrastructure Fund Investment ranks #504 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Industrial & Infrastructure Fund Investment has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Industrial & Infrastructure Fund Investment's Pretax Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Industrial & Infrastructure Fund Investment ranks #504 out of 927 companies for Pretax Margin %. This places Industrial & Infrastructure Fund Investment in the lower half of its industry. The industry median Pretax Margin % is 46.70. Industrial & Infrastructure Fund Investment's value of 45.65% is 2.2% below this benchmark. Historically, Industrial & Infrastructure Fund Investment's own Pretax Margin % has ranged from 36.46 to 49.43 over the past decade. While the company's 10-year median is 42.78 vs. the industry median of 46.70, Industrial & Infrastructure Fund Investment has consistently been below 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 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. Industrial & Infrastructure Fund Investment's current Pretax Margin % of 45.65% is 2.2% below 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 Industrial & Infrastructure Fund Investment 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. Industrial & Infrastructure Fund Investment's current Pretax Margin % is 45.65%, which is near median its own 10-year median of 42.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial & Infrastructure Fund Investment stock overvalued right now?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a current Pretax Margin % of 45.65%. The stock's GF Value™ is €754.11, compared to a current price of €775.00 — trading 2.8% above its estimated fair value. The current Pretax Margin % is 45.65%, which is near median its 10-year median of 42.78 and 2.2% below the REITs industry median of 46.70. Industrial & Infrastructure Fund Investment's overall GF Score™ is 77/100 with 11 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 Industrial & Infrastructure Fund Investment (FRA:2ES), the current Pretax Margin % is 45.65% as of Jan. 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 Industrial & Infrastructure Fund Investment (FRA:2ES) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial & Infrastructure Fund Investment stock appears to be overvalued. The current stock price of €775.00 is trading 2.8% above its estimated GF Value™ of €754.11.

Key valuation signals for FRA:2ES:

  • Pretax Margin %: 45.65% (near median its 10-year median of 42.78)
  • GF Value™: €754.11 vs. price of €775.00 (2.8% above fair value)
  • GF Score™: 77/100 with 11 warning signs
  • Industry Position: 2.2% below the REITs median (#504 of 927)

No single metric tells the full story. See the FRA:2ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Industrial & Infrastructure Fund Investment Business Description

Industry Real EstateREITs
Other Exchanges 3249:Japan
Address Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6420
Industrial & Infrastructure Fund Investment Corp operates as a J-REIT specializing in industrial properties. The company focuses on industrial properties including logistic facilities, manufacturing and R&D facilities, and infrastructures.
77GF Score

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

€775.00
Price
€754.11
GF Value