The historical rank and industry rank for Delta Property Fund's Pretax Margin % or its related term are showing as below:
JSE:DLT'
s Pretax Margin % Range Over the Past 10 Years
Min: -58.2 Med: -6.43 Max: 51.03
Current: 14.69
JSE:DLT's Pretax Margin % is ranked worse than 74.97% of 927
companies
in the REITs industry
Industry Median: 46.7
vs JSE:DLT: 14.69
Delta Property Fund (JSE:DLT) 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.
Delta Property Fund Pretax Margin % Related Terms
Delta Property Fund Pretax Margin % Historical Data
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The historical data trend for Delta Property Fund'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:DLT vs BXP, ARE, VNO: Pretax Margin % Comparison
For the REIT - Office subindustry, Delta Property Fund'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.
Delta Property Fund Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Delta Property Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Delta Property Fund'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.
Delta Property Fund (JSE:DLT) has a Pretax Margin % of 17.71% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Delta Property Fund and its competitors. According to the industry distribution chart, Delta Property Fund ranks #695 out of 927 companies in the REITs industry, placing it in the top 75%.
Is Delta Property Fund's Pretax Margin % too high?
Delta Property Fund's current Pretax Margin % is 17.71%. The REITs industry median Pretax Margin % is 46.70. Delta Property Fund's value of 17.71% is 62.1% below this industry median. Based on the distribution chart, Delta Property Fund ranks #695 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Delta Property Fund has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's Pretax Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Delta Property Fund ranks #695 out of 927 companies for Pretax Margin %. This places Delta Property Fund in the lower half of its industry. The industry median Pretax Margin % is 46.70. Delta Property Fund's value of 17.71% is 62.1% below 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 46.70, 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. Delta Property Fund's current Pretax Margin % of 17.71% is 62.1% below 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 Delta Property Fund and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Property Fund's current Pretax Margin % is 17.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.45 — trading 95.7% above its estimated fair value. The current Pretax Margin % is 17.71% and 62.1% below the REITs industry median of 46.70. Delta Property Fund's overall GF Score™ is 28/100 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 Delta Property Fund (JSE:DLT), the current Pretax Margin % is 17.71% 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 Delta Property Fund (JSE:DLT) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued.
The current stock price of R0.45 is trading 95.7% above its estimated GF Value™ of R0.23.
GuruFocus considers Delta Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:DLT:
Pretax Margin %: 17.71%
GF Value™: R0.23 vs. price of R0.45 (95.7% above fair value)
Industry Position: 62.1% below the REITs median (#695 of 927)
No single metric tells the full story. See the JSE:DLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
28GF Score
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