Mig Holdings (LTS:0IMY) Pretax Margin %: 119.40% (As of Jun. 2024)


LTS:0IMY Mig Holdings SA LTS:0IMY
33 GF Score
Price €4.39
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What is Mig Holdings Pretax Margin %?

Mig Holdings LTS:0IMY 33 Pretax Margin % is 119.40% as of Jun. 2024. GuruFocus rates LTS:0IMY with a GF Score™ of 33/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mig Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was €5.15 Mil. Mig Holdings's Revenue for the six months ended in Jun. 2024 was €4.32 Mil. Therefore, Mig Holdings's pretax margin for the quarter that ended in Jun. 2024 was 119.40%.

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


LTS:0IMY's Pretax Margin % is not ranked *
in the Real Estate industry.
Industry Median: 12.44
* Ranked among companies with meaningful Pretax Margin % only.

Mig Holdings  (LTS:0IMY) 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.


Mig Holdings Pretax Margin % Related Terms


Mig Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Mig Holdings'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.

Mig Holdings Pretax Margin % Chart

Mig Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.38 -32.14 -99.11 -310.24 50.80

Mig Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -145.67 -480.78 126.11 -21.18 119.40

LTS:0IMY vs CBRE, CSGP, BEKE: Pretax Margin % Comparison

For the Real Estate Services subindustry, Mig Holdings'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.


Mig Holdings Pretax Margin % vs Real Estate Industry

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

* The bar in red indicates where Mig Holdings's Pretax Margin % falls into.


LTS:0IMY
33GF Score
Mig Holdings SA LTS:0IMY
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mig Holdings 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.

Mig Holdings's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=3.997/7.868
=50.80 %

Mig Holdings's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=5.152/4.315
=119.40 %

* 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 119.40% mean?
Mig Holdings (LTS:0IMY) has a Pretax Margin % of 119.40% as of Jun. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mig Holdings and its competitors.
Is Mig Holdings' Pretax Margin % too high?
Mig Holdings' current Pretax Margin % is 119.40%. The Real Estate industry median Pretax Margin % is 12.44. Mig Holdings' value of 119.40% is 859.8% above this industry median. Overall, Mig Holdings has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Mig Holdings' Pretax Margin % compare to CBRE and CSGP?
Mig Holdings' Pretax Margin % of 119.40% can be compared against companies in the Real Estate industry. The industry median Pretax Margin % is 12.44. Mig Holdings' value of 119.40% is 859.8% above this benchmark. 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.44, based on 1,755 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. Mig Holdings's current Pretax Margin % of 119.40% is 859.8% 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 Mig Holdings and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mig Holdings's current Pretax Margin % is 119.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mig Holdings stock overvalued right now?
Mig Holdings (LTS:0IMY) has a current Pretax Margin % of 119.40%. The current Pretax Margin % is 119.40% and 859.8% above the Real Estate industry median of 12.44. Mig Holdings' overall GF Score™ is 33/100. 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 Mig Holdings (LTS:0IMY), the current Pretax Margin % is 119.40% as of Jun. 2024. 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.

Mig Holdings Business Description

Address El. Venizelou 10, Athens, GRC, 106 71
Mig Holdings SA is an investment holding company. Through its subsidiaries, the company operates its business in various segments which include Financial Services, Real Estate, and Others. The majority of the company's revenues are generated through the Real Estate segment. This activity consists of the purchase of real estate and exercising ownership of that real estate. Geographically, it operates in Greece, European Countries, and Other countries, out of which the majority is from European countries.
33GF Score

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

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