Afine InvestmentsJSE:ANI 62 Pretax Margin % is 82.93% as of Feb. 2026, which is 43% below its 10-year median of 145.13. GuruFocus rates JSE:ANI with a GF Score™ of 62/100 and a GF Value™ of R4.94 (Fairly Valued). The stock has 4 warning signs investors should review. Among 931 REITs companies, Afine Investments ranks better than 67.02% on this metric.
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.
Afine Investments Pretax Margin % Related Terms
Afine Investments Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Afine Investments'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.
JSE:ANI vs EQIX, AMT, DLR: Pretax Margin % Comparison
For the REIT - Specialty subindustry, Afine Investments'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.
Afine Investments Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Afine Investments's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Afine Investments'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.
Afine Investments (JSE:ANI) has a Pretax Margin % of 82.93% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Afine Investments and its competitors. This is 43% below median its historical median of 145.13. Over the past decade, Afine Investments' Pretax Margin % has ranged from 57.48 to 629.00. According to the industry distribution chart, Afine Investments ranks #307 out of 931 companies in the REITs industry, placing it in the top 33%.
Is Afine Investments' Pretax Margin % too high?
Afine Investments' current Pretax Margin % of 82.93% is 43% below median its 10-year median of 145.13. Over the past 10 years, this metric has ranged from a low of 57.48 to a high of 629.00. The REITs industry median Pretax Margin % is 46.93. Afine Investments' value of 82.93% is 76.7% above this industry median. Based on the distribution chart, Afine Investments ranks #307 out of 931 companies in the REITs industry, which is above the industry midpoint. Overall, Afine Investments has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afine Investments' Pretax Margin % compare to EQIX and AMT?
According to the REITs industry distribution chart, Afine Investments ranks #307 out of 931 companies for Pretax Margin %. This puts Afine Investments in the upper half of its industry. The industry median Pretax Margin % is 46.93. Afine Investments' value of 82.93% is 76.7% above this benchmark. Historically, Afine Investments' own Pretax Margin % has ranged from 57.48 to 629.00 over the past decade. While the company's 10-year median is 145.13 vs. the industry median of 46.93, Afine Investments 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 REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 931 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. Afine Investments's current Pretax Margin % of 82.93% is 76.7% 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 Afine Investments 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. Afine Investments's current Pretax Margin % is 82.93%, which is 43% below median its own 10-year median of 145.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afine Investments stock overvalued right now?
Based on GuruFocus' analysis, Afine Investments (JSE:ANI) is currently considered Fairly Valued. The stock's GF Value™ is R4.94, compared to a current price of R5.00 — trading 1.2% above its estimated fair value. The current Pretax Margin % is 82.93%, which is 43% below median its 10-year median of 145.13 and 76.7% above the REITs industry median of 46.93. Afine Investments' overall GF Score™ is 62/100 with 4 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 Afine Investments (JSE:ANI), the current Pretax Margin % is 82.93% as of Feb. 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 Afine Investments (JSE:ANI) Overvalued in 2026?
Based on GuruFocus' analysis, Afine Investments stock appears to be overvalued.
The current stock price of R5.00 is trading 1.2% above its estimated GF Value™ of R4.94.
GuruFocus considers Afine Investments to be Fairly Valued.
Key valuation signals for JSE:ANI:
Pretax Margin %: 82.93% (43% below median its 10-year median of 145.13)
GF Value™: R4.94 vs. price of R5.00 (1.2% above fair value)
Industry Position: 76.7% above the REITs median (#307 of 931)
No single metric tells the full story. See the JSE:ANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segments, the majority of revenue is generated from Gauteng and North-West.
62GF Score
Get the complete analysis for JSE:ANI
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:ANI has been successfully added to your 
