LKREF (Link Real Estate Investment Trust) Pretax Margin %: -81.30% (As of Mar. 2026)


LKREF Link Real Estate Investment Trust LKREF
67 GF Score
Price $4.60
GF Value $4.83
Valuation Fairly Valued
! 4 Warning Signs
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What is Link Real Estate Investment Trust Pretax Margin %?

Link Real Estate Investment Trust LKREF -1.08% 67 Pretax Margin % is -81.30% as of Mar. 2026. GuruFocus rates LKREF with a GF Score™ of 67/100 and a GF Value™ of $4.83 (Fairly Valued). The stock has 4 warning signs investors should review. Among 927 REITs companies, Link Real Estate Investment Trust ranks worse than 92.99% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Link Real Estate Investment Trust's Pre-Tax Income for the six months ended in Mar. 2026 was $-718 Mil. Link Real Estate Investment Trust's Revenue for the six months ended in Mar. 2026 was $884 Mil. Therefore, Link Real Estate Investment Trust's pretax margin for the quarter that ended in Mar. 2026 was -81.30%.

The historical rank and industry rank for Link Real Estate Investment Trust's Pretax Margin % or its related term are showing as below:

LKREF' s Pretax Margin % Range Over the Past 10 Years
Min: -154.8   Med: 43.65   Max: 492.86
Current: -49.1


LKREF's Pretax Margin % is ranked worse than
92.99% of 927 companies
in the REITs industry
Industry Median: 46.93 vs LKREF: -49.10

Link Real Estate Investment Trust  (OTCPK:LKREF) 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.


Link Real Estate Investment Trust Pretax Margin % Related Terms


Link Real Estate Investment Trust Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Link Real Estate Investment Trust'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.

Link Real Estate Investment Trust Pretax Margin % Chart

Link Real Estate Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.13 133.23 -6.74 -62.34 -49.10

Link Real Estate Investment Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 31.59 -50.23 -74.60 -17.40 -81.30

LKREF vs SPG, O, KIM: Pretax Margin % Comparison

For the REIT - Retail subindustry, Link Real Estate Investment Trust'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.


Link Real Estate Investment Trust Pretax Margin % vs REITs Industry

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

* The bar in red indicates where Link Real Estate Investment Trust's Pretax Margin % falls into.


LKREF
67GF Score
Link Real Estate Investment Trust LKREF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Link Real Estate Investment Trust 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.

Link Real Estate Investment Trust's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=-874.431/1780.804
=-49.10 %

Link Real Estate Investment Trust's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-718.301/883.503
=-81.30 %

* 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 -81.30% mean?
Link Real Estate Investment Trust (LKREF) has a Pretax Margin % of -81.30% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Link Real Estate Investment Trust and its competitors. According to the industry distribution chart, Link Real Estate Investment Trust ranks #862 out of 927 companies in the REITs industry, placing it in the top 93%.
Is Link Real Estate Investment Trust's Pretax Margin % too high?
Link Real Estate Investment Trust's current Pretax Margin % is -81.30%. Based on the distribution chart, Link Real Estate Investment Trust ranks #862 out of 927 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Link Real Estate Investment Trust has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Link Real Estate Investment Trust's Pretax Margin % compare to SPG and O?
According to the REITs industry distribution chart, Link Real Estate Investment Trust ranks #862 out of 927 companies for Pretax Margin %. This places Link Real Estate Investment Trust in the lower half of its industry. The industry median Pretax Margin % is 46.93. 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 46.93, 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. 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 Link Real Estate Investment Trust and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Link Real Estate Investment Trust's current Pretax Margin % is -81.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Link Real Estate Investment Trust (LKREF) is currently considered Fairly Valued. The stock's GF Value™ is $4.83, compared to a current price of $4.60 — trading 4.8% below its estimated fair value. The current Pretax Margin % is -81.30%. Link Real Estate Investment Trust's overall GF Score™ is 67/100 with 4 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 Link Real Estate Investment Trust (LKREF), the current Pretax Margin % is -81.30% 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 Link Real Estate Investment Trust (LKREF) Overvalued in 2026?

Based on GuruFocus' analysis, Link Real Estate Investment Trust stock appears to be undervalued. The current stock price of $4.60 is trading 4.8% below its estimated GF Value™ of $4.83. GuruFocus considers Link Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for LKREF:

  • Pretax Margin %: -81.30%
  • GF Value™: $4.83 vs. price of $4.60 (4.8% below fair value)
  • GF Score™: 67/100 with 4 warning signs

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


Link Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 00823:Hong KongL5R:Germany
Address 77 Hoi Bun Road, 20th Floor, Tower 1, The Quayside, Kowloon, Kwun Tong, Hong Kong, HKG
Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and around 57,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions, and has since acquired retail, office, and logistics properties in China, as well as an office development project in Hong Kong. Link also expanded its footprint to Sydney, Melbourne, London, and Singapore.
67GF Score

Get the complete analysis for LKREF

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

$4.60
Price
$4.83
GF Value