PutpropJSE:PPR 69 Pretax Margin % is 11.70% as of Dec. 2025, which is 74% below its 10-year median of 45.71. GuruFocus rates JSE:PPR with a GF Score™ of 69/100 and a GF Value™ of R3.56 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,757 Real Estate companies, Putprop ranks better than 82.64% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Putprop's Pre-Tax Income for the
six
months ended in Dec. 2025 was R8.5 Mil. Putprop's Revenue for the
six
months ended in Dec. 2025 was R72.3 Mil. Therefore, Putprop's pretax margin for the quarter that ended in Dec. 2025 was 11.70%.
The historical rank and industry rank for Putprop's Pretax Margin % or its related term are showing as below:
JSE:PPR'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.39 Med: 45.71 Max: 71.88
Current: 52.91
JSE:PPR's Pretax Margin % is ranked better than 82.64% of 1757
companies
in the Real Estate industry
Industry Median: 12.28
vs JSE:PPR: 52.91
Putprop (JSE:PPR) 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.
Putprop Pretax Margin % Related Terms
Putprop Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Putprop'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:PPR vs CBRE, BEKE, CSGP: Pretax Margin % Comparison
For the Real Estate Services subindustry, Putprop'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.
Putprop Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Putprop's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Putprop'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.
Putprop (JSE:PPR) has a Pretax Margin % of 11.70% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Putprop and its competitors. This is 74% below median its historical median of 45.71. Over the past decade, Putprop's Pretax Margin % has ranged from 2.39 to 71.88. According to the industry distribution chart, Putprop ranks #305 out of 1757 companies in the Real Estate industry, placing it in the top 17.4%.
Is Putprop's Pretax Margin % too high?
Putprop's current Pretax Margin % of 11.70% is 74% below median its 10-year median of 45.71. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 71.88. The Real Estate industry median Pretax Margin % is 12.28. Putprop's value of 11.70% is 4.7% below this industry median. Based on the distribution chart, Putprop ranks #305 out of 1757 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Putprop has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Putprop's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Putprop ranks #305 out of 1757 companies for Pretax Margin %. This places Putprop in the top 17% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.28. Putprop's value of 11.70% is 4.7% below this benchmark. Historically, Putprop's own Pretax Margin % has ranged from 2.39 to 71.88 over the past decade. While the company's 10-year median is 45.71 vs. the industry median of 12.28, Putprop has consistently been below 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. Putprop's current Pretax Margin % of 11.70% is 4.7% 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 Putprop 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. Putprop's current Pretax Margin % is 11.70%, which is 74% below median its own 10-year median of 45.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Putprop stock overvalued right now?
Based on GuruFocus' analysis, Putprop (JSE:PPR) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.56, compared to a current price of R6.98 — trading 96.1% above its estimated fair value. The current Pretax Margin % is 11.70%, which is 74% below median its 10-year median of 45.71 and 4.7% below the Real Estate industry median of 12.28. Putprop's overall GF Score™ is 69/100 with 10 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 Putprop (JSE:PPR), the current Pretax Margin % is 11.70% as of Dec. 2025. 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 Putprop (JSE:PPR) Overvalued in 2026?
Based on GuruFocus' analysis, Putprop stock appears to be overvalued.
The current stock price of R6.98 is trading 96.1% above its estimated GF Value™ of R3.56.
GuruFocus considers Putprop to be Significantly Overvalued.
Key valuation signals for JSE:PPR:
Pretax Margin %: 11.70% (74% below median its 10-year median of 45.71)
GF Value™: R3.56 vs. price of R6.98 (96.1% above fair value)
Industry Position: 4.7% below the Real Estate median (#305 of 1757)
No single metric tells the full story. See the JSE:PPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Putprop Ltd operates as a property investment company in South Africa. The core business of the group is property rental. It owns, manages, and invests in a portfolio of office, retail, and industrial properties. The group comprises the following main business segments - Industrial, Retail, Commercial, and Residential.
69GF Score
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