HammersonHMSNF 58 Pretax Margin % is 116.23% as of Dec. 2025. GuruFocus rates HMSNF with a GF Score™ of 58/100 and a GF Value™ of $6.55 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 927 REITs companies, Hammerson ranks better than 89.75% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hammerson's Pre-Tax Income for the
six
months ended in Dec. 2025 was $206.2 Mil. Hammerson's Revenue for the
six
months ended in Dec. 2025 was $177.4 Mil. Therefore, Hammerson's pretax margin for the quarter that ended in Dec. 2025 was 116.23%.
The historical rank and industry rank for Hammerson's Pretax Margin % or its related term are showing as below:
HMSNF'
s Pretax Margin % Range Over the Past 10 Years
Min: -1264.6 Med: -79.25 Max: 166.09
Current: 111.91
HMSNF's Pretax Margin % is ranked better than 89.75% of 927
companies
in the REITs industry
Industry Median: 46.93
vs HMSNF: 111.91
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.
Hammerson Pretax Margin % Related Terms
Hammerson Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Hammerson'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.
For the REIT - Retail subindustry, Hammerson'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.
Hammerson Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Hammerson's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hammerson'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.
Hammerson (HMSNF) has a Pretax Margin % of 116.23% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hammerson and its competitors. According to the industry distribution chart, Hammerson ranks #95 out of 927 companies in the REITs industry, placing it in the top 10.2%.
Is Hammerson's Pretax Margin % too high?
Hammerson's current Pretax Margin % is 116.23%. The REITs industry median Pretax Margin % is 46.93. Hammerson's value of 116.23% is 147.7% above this industry median. Based on the distribution chart, Hammerson ranks #95 out of 927 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hammerson has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hammerson's Pretax Margin % compare to SPG and O?
According to the REITs industry distribution chart, Hammerson ranks #95 out of 927 companies for Pretax Margin %. This places Hammerson in the top 10% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.93. Hammerson's value of 116.23% is 147.7% above this benchmark. 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 46.93, 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. Hammerson's current Pretax Margin % of 116.23% is 147.7% 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 Hammerson and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hammerson's current Pretax Margin % is 116.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hammerson stock overvalued right now?
Based on GuruFocus' analysis, Hammerson (HMSNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.55, compared to a current price of $4.85 — trading 26% below its estimated fair value. The current Pretax Margin % is 116.23% and 147.7% above the REITs industry median of 46.93. Hammerson's overall GF Score™ is 58/100 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 Hammerson (HMSNF), the current Pretax Margin % is 116.23% 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 Hammerson (HMSNF) Overvalued in 2026?
Based on GuruFocus' analysis, Hammerson stock appears to be undervalued.
The current stock price of $4.85 is trading 26% below its estimated GF Value™ of $6.55.
GuruFocus considers Hammerson to be Modestly Undervalued.
Key valuation signals for HMSNF:
Pretax Margin %: 116.23%
GF Value™: $6.55 vs. price of $4.85 (26% below fair value)
Industry Position: 147.7% above the REITs median (#95 of 927)
No single metric tells the full story. See the HMSNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hammerson PLC is a real estate investment trust based in the United Kingdom. It invests in, manages, and develops retail properties in Europe. The REIT's portfolio includes shopping centers, retail parks, outlets, and development projects. Hammerson categorizes its operations into three segments based on geography: the United Kingdom segment, which delivers the majority of its total revenue, the France segment, and the Ireland segment. The company generates revenue mainly from leasing its properties to retail tenants.
58GF Score
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