Resilient REIT (JSE:RES) Pretax Margin %: 203.36% (As of Dec. 2025) — 109% Above Median


JSE:RES Resilient REIT Ltd JSE:RES
78 GF Score
Price R83.30
GF Value R64.32
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Resilient REIT Pretax Margin %?

Resilient REIT JSE:RES -0.94% 78 Pretax Margin % is 203.36% as of Dec. 2025, which is 109% above its 10-year median of 97.36. GuruFocus rates JSE:RES with a GF Score™ of 78/100 and a GF Value™ of R64.32 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 928 REITs companies, Resilient REIT ranks better than 90.95% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Resilient REIT's Pre-Tax Income for the six months ended in Dec. 2025 was R4,064 Mil. Resilient REIT's Revenue for the six months ended in Dec. 2025 was R1,998 Mil. Therefore, Resilient REIT's pretax margin for the quarter that ended in Dec. 2025 was 203.36%.

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

JSE:RES' s Pretax Margin % Range Over the Past 10 Years
Min: -107.89   Med: 97.36   Max: 180.39
Current: 119.9


JSE:RES's Pretax Margin % is ranked better than
90.95% of 928 companies
in the REITs industry
Industry Median: 46.675 vs JSE:RES: 119.90

Resilient REIT  (JSE:RES) 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.


Resilient REIT Pretax Margin % Related Terms


Resilient REIT Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Resilient REIT'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.

Resilient REIT Pretax Margin % Chart

Resilient REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.12 111.73 113.73 82.99 119.90

Resilient REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 161.94 79.06 86.72 33.42 203.36

JSE:RES vs SPG, O, KIM: Pretax Margin % Comparison

For the REIT - Retail subindustry, Resilient REIT'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.


Resilient REIT Pretax Margin % vs REITs Industry

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

* The bar in red indicates where Resilient REIT's Pretax Margin % falls into.


JSE:RES
78GF Score
Resilient REIT Ltd JSE:RES
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Resilient REIT 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.

Resilient REIT's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=4708.233/3926.844
=119.90 %

Resilient REIT's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=4063.823/1998.367
=203.36 %

* 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 203.36% mean?
Resilient REIT (JSE:RES) has a Pretax Margin % of 203.36% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Resilient REIT and its competitors. This is 109% above median its historical median of 97.36. According to the industry distribution chart, Resilient REIT ranks #84 out of 928 companies in the REITs industry, placing it in the top 9.1%.
Is Resilient REIT's Pretax Margin % too high?
Resilient REIT's current Pretax Margin % of 203.36% is 109% above median its 10-year median of 97.36. The REITs industry median Pretax Margin % is 46.68. Resilient REIT's value of 203.36% is 335.7% above this industry median. Based on the distribution chart, Resilient REIT ranks #84 out of 928 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Resilient REIT has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resilient REIT's Pretax Margin % compare to SPG and O?
According to the REITs industry distribution chart, Resilient REIT ranks #84 out of 928 companies for Pretax Margin %. This places Resilient REIT in the top 9% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.68. Resilient REIT's value of 203.36% is 335.7% above this benchmark. While the company's 10-year median is 97.36 vs. the industry median of 46.68, Resilient REIT 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 46.68, based on 928 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. Resilient REIT's current Pretax Margin % of 203.36% is 335.7% 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 Resilient REIT and its competitors. For the REITs industry, the median Pretax Margin % is 46.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resilient REIT's current Pretax Margin % is 203.36%, which is 109% above median its own 10-year median of 97.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resilient REIT stock overvalued right now?
Based on GuruFocus' analysis, Resilient REIT (JSE:RES) is currently considered Modestly Overvalued. The stock's GF Value™ is R64.32, compared to a current price of R83.30 — trading 29.5% above its estimated fair value. The current Pretax Margin % is 203.36%, which is 109% above median its 10-year median of 97.36 and 335.7% above the REITs industry median of 46.68. Resilient REIT's overall GF Score™ is 78/100 with 12 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 Resilient REIT (JSE:RES), the current Pretax Margin % is 203.36% 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 Resilient REIT (JSE:RES) Overvalued in 2026?

Based on GuruFocus' analysis, Resilient REIT stock appears to be overvalued. The current stock price of R83.30 is trading 29.5% above its estimated GF Value™ of R64.32. GuruFocus considers Resilient REIT to be Modestly Overvalued.

Key valuation signals for JSE:RES:

  • Pretax Margin %: 203.36% (109% above median its 10-year median of 97.36)
  • GF Value™: R64.32 vs. price of R83.30 (29.5% above fair value)
  • GF Score™: 78/100 with 12 warning signs
  • Industry Position: 335.7% above the REITs median (#84 of 928)

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


Resilient REIT Business Description

Industry Real EstateREITs
Address Rivonia Boulevard, 4th Floor, Rivonia Village, Rivonia, Johannesburg, GT, ZAF, 2191
Resilient REIT Ltd is a South Africa-based real estate investment trust. The company's portfolio consists of regional shopping malls tenanted by national retailers. Resilient's properties are mostly located in nonmetropolitan areas, including Limpopo, Gauteng, Mpumalanga, Northern Cape, and KwaZulu-Natal. The company operates through two segments: Corporate and Retail. The company further divides the segments geographically into South Africa, Portugal, and Nigeria with the South Africa segment generating the majority of total revenue. Resilient internally manages its assets, and outsources the property management to third-party companies.
78GF Score

Get the complete analysis for JSE:RES

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

R83.30
Price
R64.32
GF Value