Balwin Properties (JSE:BWN) Pretax Margin %: 14.20% (As of Feb. 2026) — 19% Below Median


JSE:BWN Balwin Properties Ltd JSE:BWN
49 GF Score
Price R4.20
GF Value R2.32
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Balwin Properties Pretax Margin %?

Balwin Properties JSE:BWN 49 Pretax Margin % is 14.20% as of Feb. 2026, which is 19% below its 10-year median of 17.63. GuruFocus rates JSE:BWN with a GF Score™ of 49/100 and a GF Value™ of R2.32 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,757 Real Estate companies, Balwin Properties ranks better than 51.05% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Balwin Properties's Pre-Tax Income for the six months ended in Feb. 2026 was R209 Mil. Balwin Properties's Revenue for the six months ended in Feb. 2026 was R1,469 Mil. Therefore, Balwin Properties's pretax margin for the quarter that ended in Feb. 2026 was 14.20%.

The historical rank and industry rank for Balwin Properties's Pretax Margin % or its related term are showing as below:

JSE:BWN' s Pretax Margin % Range Over the Past 10 Years
Min: 12.98   Med: 17.63   Max: 33.94
Current: 12.98


JSE:BWN's Pretax Margin % is ranked better than
51.05% of 1757 companies
in the Real Estate industry
Industry Median: 12.28 vs JSE:BWN: 12.98

Balwin Properties  (JSE:BWN) 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.


Balwin Properties Pretax Margin % Related Terms


Balwin Properties Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Balwin Properties'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.

Balwin Properties Pretax Margin % Chart

Balwin Properties Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.60 17.96 13.17 14.15 12.98

Balwin Properties Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.71 12.17 15.38 11.51 14.20

Balwin Properties Pretax Margin % Competitor Comparison

For the Real Estate - Development subindustry, Balwin Properties'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.


Balwin Properties Pretax Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Balwin Properties's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Balwin Properties's Pretax Margin % falls into.


JSE:BWN
49GF Score
Balwin Properties Ltd JSE:BWN
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Balwin Properties Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Balwin Properties's Pretax Margin for the fiscal year that ended in Feb. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Feb. 2026 )/Revenue (A: Feb. 2026 )
=349.534/2693.24
=12.98 %

Balwin Properties's Pretax Margin for the quarter that ended in Feb. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=208.655/1469.106
=14.20 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 14.20% mean?
Balwin Properties (JSE:BWN) has a Pretax Margin % of 14.20% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Balwin Properties and its competitors. This is 19% below median its historical median of 17.63. Over the past decade, Balwin Properties' Pretax Margin % has ranged from 12.98 to 33.94. According to the industry distribution chart, Balwin Properties ranks #860 out of 1757 companies in the Real Estate industry, placing it in the top 48.9%.
Is Balwin Properties' Pretax Margin % too high?
Balwin Properties' current Pretax Margin % of 14.20% is 19% below median its 10-year median of 17.63. Over the past 10 years, this metric has ranged from a low of 12.98 to a high of 33.94. The Real Estate industry median Pretax Margin % is 12.28. Balwin Properties' value of 14.20% is 15.6% above this industry median. Based on the distribution chart, Balwin Properties ranks #860 out of 1757 companies in the Real Estate industry, which is above the industry midpoint. Overall, Balwin Properties has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balwin Properties' Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, Balwin Properties ranks #860 out of 1757 companies for Pretax Margin %. This puts Balwin Properties in the upper half of its industry. The industry median Pretax Margin % is 12.28. Balwin Properties' value of 14.20% is 15.6% above this benchmark. Historically, Balwin Properties' own Pretax Margin % has ranged from 12.98 to 33.94 over the past decade. While the company's 10-year median is 17.63 vs. the industry median of 12.28, Balwin Properties 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 12.28, based on 1,757 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. Balwin Properties's current Pretax Margin % of 14.20% is 15.6% 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 Balwin Properties and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balwin Properties's current Pretax Margin % is 14.20%, which is 19% below median its own 10-year median of 17.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balwin Properties stock overvalued right now?
Based on GuruFocus' analysis, Balwin Properties (JSE:BWN) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.32, compared to a current price of R4.20 — trading 81% above its estimated fair value. The current Pretax Margin % is 14.20%, which is 19% below median its 10-year median of 17.63 and 15.6% above the Real Estate industry median of 12.28. Balwin Properties' overall GF Score™ is 49/100 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 Balwin Properties (JSE:BWN), the current Pretax Margin % is 14.20% 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 Balwin Properties (JSE:BWN) Overvalued in 2026?

Based on GuruFocus' analysis, Balwin Properties stock appears to be overvalued. The current stock price of R4.20 is trading 81% above its estimated GF Value™ of R2.32. GuruFocus considers Balwin Properties to be Significantly Overvalued.

Key valuation signals for JSE:BWN:

  • Pretax Margin %: 14.20% (19% below median its 10-year median of 17.63)
  • GF Value™: R2.32 vs. price of R4.20 (81% above fair value)
  • GF Score™: 49/100 with 9 warning signs
  • Industry Position: 15.6% above the Real Estate median (#860 of 1757)

No single metric tells the full story. See the JSE:BWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Balwin Properties Business Description

Address 105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196
Balwin Properties Ltd is engaged in residential property development and sale of sectional title estates, bond origination, information and communication technology services, rental of commercial property and other annuity based services provided to the residential developments. Its operating segments include Sale of apartments and land; Provision of services to residential estates; Bond commission; property rental; and Balwin Foundation. It derives majority of the revenue from Residential and commercial property rental segment.
49GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R4.20
Price
R2.32
GF Value