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Spear REIT (JSE:SEA) Pretax Margin % : 76.96% (As of Feb. 2024)


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What is Spear REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Spear REIT's Pre-Tax Income for the six months ended in Feb. 2024 was R248.0 Mil. Spear REIT's Revenue for the six months ended in Feb. 2024 was R322.2 Mil. Therefore, Spear REIT's pretax margin for the quarter that ended in Feb. 2024 was 76.96%.

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

JSE:SEA' s Pretax Margin % Range Over the Past 10 Years
Min: 12.31   Med: 50.05   Max: 127.25
Current: 59.21


JSE:SEA's Pretax Margin % is ranked better than
71.18% of 791 companies
in the REITs industry
Industry Median: 32.74 vs JSE:SEA: 59.21

Spear REIT Pretax Margin % Historical Data

The historical data trend for Spear 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.

* Premium members only.

Spear REIT Pretax Margin % Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Pretax Margin %
Get a 7-Day Free Trial 40.89 12.31 29.40 31.84 59.21

Spear REIT Semi-Annual Data
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 34.41 34.20 29.43 39.73 76.96

Competitive Comparison of Spear REIT's Pretax Margin %

For the REIT - Diversified subindustry, Spear 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.


Spear REIT's Pretax Margin % Distribution in the REITs Industry

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

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



Spear 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.

Spear REIT'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 )
=364.663/615.893
=59.21 %

Spear REIT'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 )
=247.969/322.194
=76.96 %

* 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.


Spear REIT  (JSE:SEA) 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.


Spear REIT Pretax Margin % Related Terms

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Spear REIT (JSE:SEA) Business Description

Traded in Other Exchanges
N/A
Address
2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001
Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT (JSE:SEA) Headlines

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