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.
Wereldhave Belgium Pretax Margin % Related Terms
Wereldhave Belgium Pretax Margin % Historical Data
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The historical data trend for Wereldhave Belgium'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:WPU vs SPG, O, KIM: Pretax Margin % Comparison
For the REIT - Retail subindustry, Wereldhave Belgium'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.
Wereldhave Belgium Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Wereldhave Belgium's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Wereldhave Belgium'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.
Wereldhave Belgium (FRA:WPU) has a Pretax Margin % of 36.05% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wereldhave Belgium and its competitors. This is 37% below median its historical median of 57.63. According to the industry distribution chart, Wereldhave Belgium ranks #480 out of 927 companies in the REITs industry, placing it in the top 51.8%.
Is Wereldhave Belgium's Pretax Margin % too high?
Wereldhave Belgium's current Pretax Margin % of 36.05% is 37% below median its 10-year median of 57.63. The REITs industry median Pretax Margin % is 46.70. Wereldhave Belgium's value of 36.05% is 22.8% below this industry median. Based on the distribution chart, Wereldhave Belgium ranks #480 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Wereldhave Belgium has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Wereldhave Belgium's Pretax Margin % compare to SPG and O?
According to the REITs industry distribution chart, Wereldhave Belgium ranks #480 out of 927 companies for Pretax Margin %. This places Wereldhave Belgium in the lower half of its industry. The industry median Pretax Margin % is 46.70. Wereldhave Belgium's value of 36.05% is 22.8% below this benchmark. While the company's 10-year median is 57.63 vs. the industry median of 46.70, Wereldhave Belgium 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. Wereldhave Belgium's current Pretax Margin % of 36.05% is 22.8% 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 Wereldhave Belgium 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. Wereldhave Belgium's current Pretax Margin % is 36.05%, which is 37% below median its own 10-year median of 57.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wereldhave Belgium stock overvalued right now?
Wereldhave Belgium (FRA:WPU) has a current Pretax Margin % of 36.05%. The stock's GF Value™ is €51.37, compared to a current price of €51.80 — trading 0.8% above its estimated fair value. The current Pretax Margin % is 36.05%, which is 37% below median its 10-year median of 57.63 and 22.8% below the REITs industry median of 46.70. Wereldhave Belgium's overall GF Score™ is 83/100 with 8 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 Wereldhave Belgium (FRA:WPU), the current Pretax Margin % is 36.05% 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 Wereldhave Belgium (FRA:WPU) Overvalued in 2026?
Based on GuruFocus' analysis, Wereldhave Belgium stock appears to be overvalued.
The current stock price of €51.80 is trading 0.8% above its estimated GF Value™ of €51.37.
Key valuation signals for FRA:WPU:
Pretax Margin %: 36.05% (37% below median its 10-year median of 57.63)
GF Value™: €51.37 vs. price of €51.80 (0.8% above fair value)
Industry Position: 22.8% below the REITs median (#480 of 927)
No single metric tells the full story. See the FRA:WPU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's focus is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. The company has two segments: offices and retail.
83GF Score
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