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Equites Property Fund (JSE:EQU) Pretax Margin % : 73.67% (As of Feb. 2024)


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What is Equites Property Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Equites Property Fund's Pre-Tax Income for the six months ended in Feb. 2024 was R922 Mil. Equites Property Fund's Revenue for the six months ended in Feb. 2024 was R1,252 Mil. Therefore, Equites Property Fund's pretax margin for the quarter that ended in Feb. 2024 was 73.67%.

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

JSE:EQU' s Pretax Margin % Range Over the Past 10 Years
Min: -4.07   Med: 102.02   Max: 162.26
Current: 59.7


JSE:EQU's Pretax Margin % is ranked better than
70.18% of 788 companies
in the REITs industry
Industry Median: 33.16 vs JSE:EQU: 59.70

Equites Property Fund Pretax Margin % Historical Data

The historical data trend for Equites 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.

* Premium members only.

Equites Property Fund Pretax Margin % Chart

Equites Property Fund Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.82 50.47 162.26 -4.07 59.70

Equites Property Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 147.51 131.66 -69.72 45.51 73.67

Competitive Comparison of Equites Property Fund's Pretax Margin %

For the REIT - Industrial subindustry, Equites 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.


Equites Property Fund's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equites Property Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Equites Property Fund's Pretax Margin % falls into.



Equites Property Fund 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.

Equites Property Fund's Pretax Margin for the fiscal year that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Feb. 2024 )/Revenue (A: Feb. 2024 )
=1483.078/2484.186
=59.70 %

Equites Property Fund's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=922.426/1252.152
=73.67 %

* 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.


Equites Property Fund  (JSE:EQU) 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.


Equites Property Fund Pretax Margin % Related Terms

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Equites Property Fund (JSE:EQU) Business Description

Traded in Other Exchanges
N/A
Address
4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001
Equites Property Fund Ltd is a real estate investment trust based in South Africa. It is engaged in the investment in and development of commercial properties in the industrial sector. The group has assessed its operations and determined its segments in line with the clear geographic distinction between South Africa and the United Kingdom. SA Industrial segment generates the revenue.

Equites Property Fund (JSE:EQU) Headlines

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