Burstone GroupJSE:BTN +0.21%73 Pretax Margin % is 62.22% as of Mar. 2026, which is 15% above its 10-year median of 54.11. GuruFocus rates JSE:BTN with a GF Score™ of 73/100 and a GF Value™ of R9.66 (Fairly Valued). The stock has 11 warning signs investors should review. Among 925 REITs companies, Burstone Group ranks worse than 58.05% on this metric.
The historical rank and industry rank for Burstone Group's Pretax Margin % or its related term are showing as below:
JSE:BTN'
s Pretax Margin % Range Over the Past 10 Years
Min: -110.61 Med: 54.11 Max: 89.66
Current: 39.7
JSE:BTN's Pretax Margin % is ranked worse than 58.05% of 925
companies
in the REITs industry
Industry Median: 46.65
vs JSE:BTN: 39.70
Burstone Group (JSE:BTN) 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.
Burstone Group Pretax Margin % Related Terms
Burstone Group Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Burstone Group'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 - Diversified subindustry, Burstone Group'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.
Burstone Group Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Burstone Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Burstone Group'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.
Burstone Group (JSE:BTN) has a Pretax Margin % of 62.22% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Burstone Group and its competitors. This is 15% above median its historical median of 54.11. According to the industry distribution chart, Burstone Group ranks #537 out of 925 companies in the REITs industry, placing it in the top 58.1%.
Is Burstone Group's Pretax Margin % too high?
Burstone Group's current Pretax Margin % of 62.22% is 15% above median its 10-year median of 54.11. The REITs industry median Pretax Margin % is 46.65. Burstone Group's value of 62.22% is 33.4% above this industry median. Based on the distribution chart, Burstone Group ranks #537 out of 925 companies in the REITs industry, which is below the industry midpoint. Overall, Burstone Group has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Burstone Group's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Burstone Group ranks #537 out of 925 companies for Pretax Margin %. This places Burstone Group in the lower half of its industry. The industry median Pretax Margin % is 46.65. Burstone Group's value of 62.22% is 33.4% above this benchmark. While the company's 10-year median is 54.11 vs. the industry median of 46.65, Burstone Group 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 46.65, based on 925 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. Burstone Group's current Pretax Margin % of 62.22% is 33.4% 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 Burstone Group and its competitors. For the REITs industry, the median Pretax Margin % is 46.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burstone Group's current Pretax Margin % is 62.22%, which is 15% above median its own 10-year median of 54.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burstone Group stock overvalued right now?
Based on GuruFocus' analysis, Burstone Group (JSE:BTN) is currently considered Fairly Valued. The stock's GF Value™ is R9.66, compared to a current price of R9.63 — trading 0.3% below its estimated fair value. The current Pretax Margin % is 62.22%, which is 15% above median its 10-year median of 54.11 and 33.4% above the REITs industry median of 46.65. Burstone Group's overall GF Score™ is 73/100 with 11 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 Burstone Group (JSE:BTN), the current Pretax Margin % is 62.22% 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 Burstone Group (JSE:BTN) Overvalued in 2026?
Based on GuruFocus' analysis, Burstone Group stock appears to be undervalued.
The current stock price of R9.63 is trading 0.3% below its estimated GF Value™ of R9.66.
GuruFocus considers Burstone Group to be Fairly Valued.
Key valuation signals for JSE:BTN:
Pretax Margin %: 62.22% (15% above median its 10-year median of 54.11)
GF Value™: R9.66 vs. price of R9.63 (0.3% below fair value)
Industry Position: 33.4% above the REITs median (#537 of 925)
No single metric tells the full story. See the JSE:BTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Burstone Group Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.
73GF Score
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