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Stor-Age Property REIT (JSE:SSS) Pretax Margin % : 69.47% (As of Sep. 2024)


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What is Stor-Age Property REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Stor-Age Property REIT's Pre-Tax Income for the six months ended in Sep. 2024 was R476 Mil. Stor-Age Property REIT's Revenue for the six months ended in Sep. 2024 was R685 Mil. Therefore, Stor-Age Property REIT's pretax margin for the quarter that ended in Sep. 2024 was 69.47%.

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

JSE:SSS' s Pretax Margin % Range Over the Past 10 Years
Min: 14.5   Med: 91.37   Max: 175.2
Current: 66.55


JSE:SSS's Pretax Margin % is ranked better than
67.68% of 922 companies
in the REITs industry
Industry Median: 39.74 vs JSE:SSS: 66.55

Stor-Age Property REIT Pretax Margin % Historical Data

The historical data trend for Stor-Age Property 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.

Stor-Age Property REIT Pretax Margin % Chart

Stor-Age Property REIT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 14.50 161.45 140.79 71.84 61.65

Stor-Age Property REIT Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 111.86 34.92 59.78 63.49 69.47

Competitive Comparison of Stor-Age Property REIT's Pretax Margin %

For the REIT - Industrial subindustry, Stor-Age Property 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.


Stor-Age Property REIT's Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Stor-Age Property REIT's Pretax Margin % falls into.



Stor-Age Property 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.

Stor-Age Property REIT's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=796.17/1291.42
=61.65 %

Stor-Age Property REIT's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=475.558/684.518
=69.47 %

* 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.


Stor-Age Property REIT  (JSE:SSS) 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.


Stor-Age Property REIT Pretax Margin % Related Terms

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Stor-Age Property REIT Business Description

Traded in Other Exchanges
N/A
Address
216 Main Road, Claremont, Cape Town, WC, ZAF, 7708
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.

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