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TAG Colonia-Immobilien AGHAM:KBU -0.86%59 Pretax Margin % is 44.25% as of Dec. 2025, which is 38% below its 10-year median of 71.25. GuruFocus rates HAM:KBU with a GF Score™ of 59/100 and a GF Value™ of €4.90 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,756 Real Estate companies, TAG Colonia-Immobilien AG ranks better than 78.59% on this metric.
The historical rank and industry rank for TAG Colonia-Immobilien AG's Pretax Margin % or its related term are showing as below:
HAM:KBU'
s Pretax Margin % Range Over the Past 10 Years
Min: -37.84 Med: 71.25 Max: 117.32
Current: 44.25
HAM:KBU's Pretax Margin % is ranked better than 78.59% of 1756
companies
in the Real Estate industry
Industry Median: 12.535
vs HAM:KBU: 44.25
TAG Colonia-Immobilien AG (HAM:KBU) 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.
TAG Colonia-Immobilien AG Pretax Margin % Related Terms
TAG Colonia-Immobilien AG 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.
TAG Colonia-Immobilien AG Pretax Margin % Competitor Comparison
For the Real Estate - Development subindustry, TAG Colonia-Immobilien AG'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.
TAG Colonia-Immobilien AG Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TAG Colonia-Immobilien AG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TAG Colonia-Immobilien AG'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.
TAG Colonia-Immobilien AG (HAM:KBU) has a Pretax Margin % of 44.25% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TAG Colonia-Immobilien AG and its competitors. This is 38% below median its historical median of 71.25. According to the industry distribution chart, TAG Colonia-Immobilien AG ranks #376 out of 1756 companies in the Real Estate industry, placing it in the top 21.4%.
Is TAG Colonia-Immobilien AG's Pretax Margin % too high?
TAG Colonia-Immobilien AG's current Pretax Margin % of 44.25% is 38% below median its 10-year median of 71.25. The Real Estate industry median Pretax Margin % is 12.54. TAG Colonia-Immobilien AG's value of 44.25% is 253% above this industry median. Based on the distribution chart, TAG Colonia-Immobilien AG ranks #376 out of 1756 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, TAG Colonia-Immobilien AG has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TAG Colonia-Immobilien AG's Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, TAG Colonia-Immobilien AG ranks #376 out of 1756 companies for Pretax Margin %. This places TAG Colonia-Immobilien AG in the top 21% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.54. TAG Colonia-Immobilien AG's value of 44.25% is 253% above this benchmark. While the company's 10-year median is 71.25 vs. the industry median of 12.54, TAG Colonia-Immobilien AG 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.54, based on 1,756 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. TAG Colonia-Immobilien AG's current Pretax Margin % of 44.25% is 253% 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 TAG Colonia-Immobilien AG and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAG Colonia-Immobilien AG's current Pretax Margin % is 44.25%, which is 38% below median its own 10-year median of 71.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAG Colonia-Immobilien AG stock overvalued right now?
Based on GuruFocus' analysis, TAG Colonia-Immobilien AG (HAM:KBU) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.90, compared to a current price of €5.75 — trading 17.3% above its estimated fair value. The current Pretax Margin % is 44.25%, which is 38% below median its 10-year median of 71.25 and 253% above the Real Estate industry median of 12.54. TAG Colonia-Immobilien AG's overall GF Score™ is 59/100 with 9 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 TAG Colonia-Immobilien AG (HAM:KBU), the current Pretax Margin % is 44.25% 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 TAG Colonia-Immobilien AG (HAM:KBU) Overvalued in 2026?
Based on GuruFocus' analysis, TAG Colonia-Immobilien AG stock appears to be overvalued.
The current stock price of €5.75 is trading 17.3% above its estimated GF Value™ of €4.90.
GuruFocus considers TAG Colonia-Immobilien AG to be Modestly Overvalued.
Key valuation signals for HAM:KBU:
Pretax Margin %: 44.25% (38% below median its 10-year median of 71.25)
GF Value™: €4.90 vs. price of €5.75 (17.3% above fair value)
Industry Position: 253% above the Real Estate median (#376 of 1756)
No single metric tells the full story. See the HAM:KBU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TAG Colonia-Immobilien AG is a real estate company focused on the residential property sector. The properties owned by the company and its subsidiaries are spread across various regions in Northern and Eastern Germany and North Rhine-Westphalia. Additionally, it has also expanded operations into Poland, where the business focuses not only on the development and management of a residential property portfolio but also on sales activities. The Group's portfolio comprises several thousand residential units in Germany and Poland, including a small number of commercial units. TAG's business model in Germany consists of a long-term rental business for residential units. Its operating segments are: Rental Germany, which generates the maximum revenue, Rental Poland, Sales Poland, and Others.
59GF Score
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