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Scentre GroupFRA:59S +1.70%68 Pretax Margin % is 74.16% as of Dec. 2025, which is 66% above its 10-year median of 44.65. GuruFocus rates FRA:59S with a GF Score™ of 68/100 and a GF Value™ of €1.98. The stock has 11 warning signs investors should review. Among 922 REITs companies, Scentre Group ranks better than 61.82% on this metric.
Scentre Group (FRA:59S) 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.
Scentre Group Pretax Margin % Related Terms
Scentre Group Pretax Margin % Historical Data
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The historical data trend for Scentre Group'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.
FRA:59S vs SPG, O, KIM: Pretax Margin % Comparison
For the REIT - Retail subindustry, Scentre Group'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.
Scentre Group Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Scentre Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Scentre Group'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.
Scentre Group (FRA:59S) has a Pretax Margin % of 74.16% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Scentre Group and its competitors. This is 66% above median its historical median of 44.65. According to the industry distribution chart, Scentre Group ranks #352 out of 922 companies in the REITs industry, placing it in the top 38.2%.
Is Scentre Group's Pretax Margin % too high?
Scentre Group's current Pretax Margin % of 74.16% is 66% above median its 10-year median of 44.65. The REITs industry median Pretax Margin % is 47.77. Scentre Group's value of 74.16% is 55.2% above this industry median. Based on the distribution chart, Scentre Group ranks #352 out of 922 companies in the REITs industry, which is above the industry midpoint. Overall, Scentre Group has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Scentre Group's Pretax Margin % compare to SPG and O?
According to the REITs industry distribution chart, Scentre Group ranks #352 out of 922 companies for Pretax Margin %. This puts Scentre Group in the upper half of its industry. The industry median Pretax Margin % is 47.77. Scentre Group's value of 74.16% is 55.2% above this benchmark. While the company's 10-year median is 44.65 vs. the industry median of 47.77, Scentre Group 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 REITs company?
The median Pretax Margin % among REITs companies is 47.77, based on 922 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. Scentre Group's current Pretax Margin % of 74.16% is 55.2% 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 Scentre Group and its competitors. For the REITs industry, the median Pretax Margin % is 47.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scentre Group's current Pretax Margin % is 74.16%, which is 66% above median its own 10-year median of 44.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scentre Group stock overvalued right now?
Scentre Group (FRA:59S) has a current Pretax Margin % of 74.16%. The stock's GF Value™ is €1.98, compared to a current price of €2.39 — trading 20.7% above its estimated fair value. The current Pretax Margin % is 74.16%, which is 66% above median its 10-year median of 44.65 and 55.2% above the REITs industry median of 47.77. Scentre Group's overall GF Score™ is 68/100 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 Scentre Group (FRA:59S), the current Pretax Margin % is 74.16% 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 Scentre Group (FRA:59S) Overvalued in 2026?
Based on GuruFocus' analysis, Scentre Group stock appears to be overvalued.
The current stock price of €2.39 is trading 20.7% above its estimated GF Value™ of €1.98.
Key valuation signals for FRA:59S:
Pretax Margin %: 74.16% (66% above median its 10-year median of 44.65)
GF Value™: €1.98 vs. price of €2.39 (20.7% above fair value)
Industry Position: 55.2% above the REITs median (#352 of 922)
No single metric tells the full story. See the FRA:59S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scentre Group owns the largest premium shopping center portfolio in Australia and New Zealand, operating 42 Westfield malls. This includes seven of the top 10 malls in Australia by sales turnover and four of the top five in New Zealand. Westfield centers are typically one-stop shopping destinations, each with a comprehensive range of retail, service, lifestyle, and entertainment offerings. About half the retail floorspace is leased to anchor tenants, and half to specialty tenants. The vast majority of Scentre's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
68GF Score
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