SF Real Estate Investment Trust (FRA:8ET) Pretax Margin %: 21.76% (As of Dec. 2025) — 69% Below Median


FRA:8ET SF Real Estate Investment Trust FRA:8ET
45 GF Score
Price €0.26
GF Value €0.24
Valuation Fairly Valued
! 5 Warning Signs
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What is SF Real Estate Investment Trust Pretax Margin %?

SF Real Estate Investment Trust FRA:8ET +0.62% 45 Pretax Margin % is 21.76% as of Dec. 2025, which is 69% below its 10-year median of 70.43. GuruFocus rates FRA:8ET with a GF Score™ of 45/100 and a GF Value™ of €0.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 927 REITs companies, SF Real Estate Investment Trust ranks worse than 95.47% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SF Real Estate Investment Trust's Pre-Tax Income for the six months ended in Dec. 2025 was €5.27 Mil. SF Real Estate Investment Trust's Revenue for the six months ended in Dec. 2025 was €24.24 Mil. Therefore, SF Real Estate Investment Trust's pretax margin for the quarter that ended in Dec. 2025 was 21.76%.

The historical rank and industry rank for SF Real Estate Investment Trust's Pretax Margin % or its related term are showing as below:

FRA:8ET' s Pretax Margin % Range Over the Past 10 Years
Min: -86.56   Med: 70.43   Max: 141.11
Current: -86.56


FRA:8ET's Pretax Margin % is ranked worse than
95.47% of 927 companies
in the REITs industry
Industry Median: 46.7 vs FRA:8ET: -86.56

SF Real Estate Investment Trust  (FRA:8ET) 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.


SF Real Estate Investment Trust Pretax Margin % Related Terms


SF Real Estate Investment Trust Pretax Margin % Historical Data

* Premium members only.

The historical data trend for SF Real Estate Investment Trust'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.

SF Real Estate Investment Trust Pretax Margin % Chart

SF Real Estate Investment Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial 90.43 129.08 61.42 -81.96 -86.56

SF Real Estate Investment Trust Semi-Annual Data
Dec18 Dec19 Dec20 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 39.81 4.72 -167.75 -193.08 21.76

FRA:8ET vs PLD, PSA, EXR: Pretax Margin % Comparison

For the REIT - Industrial subindustry, SF Real Estate Investment Trust'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.


SF Real Estate Investment Trust Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, SF Real Estate Investment Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where SF Real Estate Investment Trust's Pretax Margin % falls into.


FRA:8ET
45GF Score
SF Real Estate Investment Trust FRA:8ET
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SF Real Estate Investment Trust 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.

SF Real Estate Investment Trust'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 )
=-42.319/48.891
=-86.56 %

SF Real Estate Investment Trust'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 )
=5.274/24.241
=21.76 %

* 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 21.76% mean?
SF Real Estate Investment Trust (FRA:8ET) has a Pretax Margin % of 21.76% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on SF Real Estate Investment Trust and its competitors. This is 69% below median its historical median of 70.43. According to the industry distribution chart, SF Real Estate Investment Trust ranks #885 out of 927 companies in the REITs industry, placing it in the top 95.5%.
Is SF Real Estate Investment Trust's Pretax Margin % too high?
SF Real Estate Investment Trust's current Pretax Margin % of 21.76% is 69% below median its 10-year median of 70.43. The REITs industry median Pretax Margin % is 46.70. SF Real Estate Investment Trust's value of 21.76% is 53.4% below this industry median. Based on the distribution chart, SF Real Estate Investment Trust ranks #885 out of 927 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, SF Real Estate Investment Trust has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SF Real Estate Investment Trust's Pretax Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, SF Real Estate Investment Trust ranks #885 out of 927 companies for Pretax Margin %. This places SF Real Estate Investment Trust in the lower half of its industry. The industry median Pretax Margin % is 46.70. SF Real Estate Investment Trust's value of 21.76% is 53.4% below this benchmark. While the company's 10-year median is 70.43 vs. the industry median of 46.70, SF Real Estate Investment Trust 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. SF Real Estate Investment Trust's current Pretax Margin % of 21.76% is 53.4% 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 SF Real Estate Investment Trust 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. SF Real Estate Investment Trust's current Pretax Margin % is 21.76%, which is 69% below median its own 10-year median of 70.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SF Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, SF Real Estate Investment Trust (FRA:8ET) is currently considered Fairly Valued. The stock's GF Value™ is €0.24, compared to a current price of €0.26 — trading 7.4% above its estimated fair value. The current Pretax Margin % is 21.76%, which is 69% below median its 10-year median of 70.43 and 53.4% below the REITs industry median of 46.70. SF Real Estate Investment Trust's overall GF Score™ is 45/100 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 SF Real Estate Investment Trust (FRA:8ET), the current Pretax Margin % is 21.76% 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 SF Real Estate Investment Trust (FRA:8ET) Overvalued in 2026?

Based on GuruFocus' analysis, SF Real Estate Investment Trust stock appears to be overvalued. The current stock price of €0.26 is trading 7.4% above its estimated GF Value™ of €0.24. GuruFocus considers SF Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for FRA:8ET:

  • Pretax Margin %: 21.76% (69% below median its 10-year median of 70.43)
  • GF Value™: €0.24 vs. price of €0.26 (7.4% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 53.4% below the REITs median (#885 of 927)

No single metric tells the full story. See the FRA:8ET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SF Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 02191:Hong Kong
Address 111 Leighton Road, Room 2002, 20th Floor, Lee Garden Six, Causeway Bay, Hong Kong, HKG
SF Real Estate Investment Trust is an investment holding company. It is engaged in property investments in Hong Kong, and in Foshan, Wuhu, and Changsha of the People's Republic of China. The Group holds one property company in Hong Kong and three property companies in Mainland China. It has two reportable segments of its business, Hong Kong and Mainland China. Key revenue is generated from Hong Kong.
45GF Score

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

€0.26
Price
€0.24
GF Value