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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.
Mapletree Industrial Trust Pretax Margin % Related Terms
Mapletree Industrial Trust Pretax Margin % Historical Data
* 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:M2L vs PLD, PSA, EXR: Pretax Margin % Comparison
For the REIT - Industrial subindustry, Mapletree Industrial 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.
Mapletree Industrial Trust Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Mapletree Industrial Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Mapletree Industrial Trust'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.
Mapletree Industrial Trust (FRA:M2L) has a Pretax Margin % of -23.15% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mapletree Industrial Trust and its competitors. Over the past decade, Mapletree Industrial Trust's Pretax Margin % has ranged from 20.68 to 96.85. According to the industry distribution chart, Mapletree Industrial Trust ranks #533 out of 929 companies in the REITs industry, placing it in the top 57.4%.
Is Mapletree Industrial Trust's Pretax Margin % too high?
Mapletree Industrial Trust's current Pretax Margin % is -23.15%. Over the past 10 years, this metric has ranged from a low of 20.68 to a high of 96.85. Based on the distribution chart, Mapletree Industrial Trust ranks #533 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Mapletree Industrial Trust has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mapletree Industrial Trust's Pretax Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Mapletree Industrial Trust ranks #533 out of 929 companies for Pretax Margin %. This places Mapletree Industrial Trust in the lower half of its industry. The industry median Pretax Margin % is 47.35. Historically, Mapletree Industrial Trust's own Pretax Margin % has ranged from 20.68 to 96.85 over the past decade. 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 47.35, based on 929 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 Mapletree Industrial Trust and its competitors. For the REITs industry, the median Pretax Margin % is 47.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mapletree Industrial Trust's current Pretax Margin % is -23.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Industrial Trust stock overvalued right now?
Based on GuruFocus' analysis, Mapletree Industrial Trust (FRA:M2L) is currently considered Fairly Valued. The stock's GF Value™ is €1.37, compared to a current price of €1.28 — trading 6.8% below its estimated fair value. The current Pretax Margin % is -23.15%. Mapletree Industrial Trust's overall GF Score™ is 71/100 with 7 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 Mapletree Industrial Trust (FRA:M2L), the current Pretax Margin % is -23.15% 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 Mapletree Industrial Trust (FRA:M2L) Overvalued in 2026?
Based on GuruFocus' analysis, Mapletree Industrial Trust stock appears to be undervalued.
The current stock price of €1.28 is trading 6.8% below its estimated GF Value™ of €1.37.
GuruFocus considers Mapletree Industrial Trust to be Fairly Valued.
Key valuation signals for FRA:M2L:
Pretax Margin %: -23.15%
GF Value™: €1.37 vs. price of €1.28 (6.8% below fair value)
No single metric tells the full story. See the FRA:M2L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mapletree Industrial Trust is a real estate investment trust focused on industrial properties and data centers. Its property portfolio consists of 136 properties in Singapore, North America, and Japan. Types of property owned include data centers, high-tech buildings, business parks, and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.
71GF Score
Get the complete analysis for FRA:M2L
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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