Stor-Age Property REITJSE:SSS +0.88%77 Pretax Margin % is 85.96% as of Mar. 2026, which is 12% above its 10-year median of 76.86. GuruFocus rates JSE:SSS with a GF Score™ of 77/100 and a GF Value™ of R16.22 (Fairly Valued). The stock has 7 warning signs investors should review. Among 927 REITs companies, Stor-Age Property REIT ranks better than 69.36% on this metric.
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
Stor-Age Property REIT Pretax Margin % Historical Data
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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.
JSE:SSS vs PLD, PSA, EXR: Pretax Margin % Comparison
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 Pretax Margin % vs 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.
* 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) has a Pretax Margin % of 85.96% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Stor-Age Property REIT and its competitors. This is 12% above median its historical median of 76.86. Over the past decade, Stor-Age Property REIT's Pretax Margin % has ranged from 14.50 to 175.20. According to the industry distribution chart, Stor-Age Property REIT ranks #284 out of 927 companies in the REITs industry, placing it in the top 30.6%.
Is Stor-Age Property REIT's Pretax Margin % too high?
Stor-Age Property REIT's current Pretax Margin % of 85.96% is 12% above median its 10-year median of 76.86. Over the past 10 years, this metric has ranged from a low of 14.50 to a high of 175.20. The REITs industry median Pretax Margin % is 46.70. Stor-Age Property REIT's value of 85.96% is 84.1% above this industry median. Based on the distribution chart, Stor-Age Property REIT ranks #284 out of 927 companies in the REITs industry, which is above the industry midpoint. Overall, Stor-Age Property REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stor-Age Property REIT's Pretax Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Stor-Age Property REIT ranks #284 out of 927 companies for Pretax Margin %. This puts Stor-Age Property REIT in the upper half of its industry. The industry median Pretax Margin % is 46.70. Stor-Age Property REIT's value of 85.96% is 84.1% above this benchmark. Historically, Stor-Age Property REIT's own Pretax Margin % has ranged from 14.50 to 175.20 over the past decade. While the company's 10-year median is 76.86 vs. the industry median of 46.70, Stor-Age Property 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 46.70, based on 927 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. Stor-Age Property REIT's current Pretax Margin % of 85.96% is 84.1% 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 Stor-Age Property REIT and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stor-Age Property REIT's current Pretax Margin % is 85.96%, which is 12% above median its own 10-year median of 76.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stor-Age Property REIT stock overvalued right now?
Based on GuruFocus' analysis, Stor-Age Property REIT (JSE:SSS) is currently considered Fairly Valued. The stock's GF Value™ is R16.22, compared to a current price of R17.20 — trading 6% above its estimated fair value. The current Pretax Margin % is 85.96%, which is 12% above median its 10-year median of 76.86 and 84.1% above the REITs industry median of 46.70. Stor-Age Property REIT's overall GF Score™ is 77/100 with 7 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 Stor-Age Property REIT (JSE:SSS), the current Pretax Margin % is 85.96% as of Mar. 2026. 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 Stor-Age Property REIT (JSE:SSS) Overvalued in 2026?
Based on GuruFocus' analysis, Stor-Age Property REIT stock appears to be overvalued.
The current stock price of R17.20 is trading 6% above its estimated GF Value™ of R16.22.
GuruFocus considers Stor-Age Property REIT to be Fairly Valued.
Key valuation signals for JSE:SSS:
Pretax Margin %: 85.96% (12% above median its 10-year median of 76.86)
GF Value™: R16.22 vs. price of R17.20 (6% above fair value)
Industry Position: 84.1% above the REITs median (#284 of 927)
No single metric tells the full story. See the JSE:SSS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
77GF Score
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