Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Aedes SpA's Pre-Tax Income for the
six
months ended in Jun. 2025 was €1.45 Mil. Aedes SpA's Revenue for the
six
months ended in Jun. 2025 was €0.49 Mil. Therefore, Aedes SpA's pretax margin for the quarter that ended in Jun. 2025 was 297.54%.
The historical rank and industry rank for Aedes SpA's Pretax Margin % or its related term are showing as below:
MIL:AEDES'
s Pretax Margin % Range Over the Past 10 Years
Min: -2257.14 Med: -105.68 Max: 91.6
Current: 91.6
MIL:AEDES's Pretax Margin % is ranked better than 77.16% of 928
companies
in the REITs industry
Industry Median: 46.675
vs MIL:AEDES: 91.60
Aedes SpA (MIL:AEDES) 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.
Aedes SpA Pretax Margin % Related Terms
Aedes SpA Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Aedes SpA'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.
MIL:AEDES vs SPG, O, KIM: Pretax Margin % Comparison
For the REIT - Retail subindustry, Aedes SpA'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.
Aedes SpA Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Aedes SpA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Aedes SpA'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.
Aedes SpA (MIL:AEDES) has a Pretax Margin % of 297.54% as of Jun. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Aedes SpA and its competitors. According to the industry distribution chart, Aedes SpA ranks #212 out of 928 companies in the REITs industry, placing it in the top 22.8%.
Is Aedes SpA's Pretax Margin % too high?
Aedes SpA's current Pretax Margin % is 297.54%. The REITs industry median Pretax Margin % is 46.68. Aedes SpA's value of 297.54% is 537.5% above this industry median. Based on the distribution chart, Aedes SpA ranks #212 out of 928 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Aedes SpA has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aedes SpA's Pretax Margin % compare to SPG and O?
According to the REITs industry distribution chart, Aedes SpA ranks #212 out of 928 companies for Pretax Margin %. This places Aedes SpA in the top 23% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.68. Aedes SpA's value of 297.54% is 537.5% 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 REITs company?
The median Pretax Margin % among REITs companies is 46.68, based on 928 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. Aedes SpA's current Pretax Margin % of 297.54% is 537.5% 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 Aedes SpA and its competitors. For the REITs industry, the median Pretax Margin % is 46.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aedes SpA's current Pretax Margin % is 297.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aedes SpA stock overvalued right now?
Based on GuruFocus' analysis, Aedes SpA (MIL:AEDES) is currently considered Possible Value Trap. The stock's GF Value™ is €5.84, compared to a current price of €0.85 — trading 85.5% below its estimated fair value. The current Pretax Margin % is 297.54% and 537.5% above the REITs industry median of 46.68. Aedes SpA's overall GF Score™ is 35/100 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 Aedes SpA (MIL:AEDES), the current Pretax Margin % is 297.54% as of Jun. 2025. 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 Aedes SpA (MIL:AEDES) Overvalued in 2026?
Based on GuruFocus' analysis, Aedes SpA stock appears to be undervalued.
The current stock price of €0.85 is trading 85.5% below its estimated GF Value™ of €5.84.
GuruFocus considers Aedes SpA to be Possible Value Trap.
Key valuation signals for MIL:AEDES:
Pretax Margin %: 297.54%
GF Value™: €5.84 vs. price of €0.85 (85.5% below fair value)
Industry Position: 537.5% above the REITs median (#212 of 928)
No single metric tells the full story. See the MIL:AEDES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aedes SpA operates in the real estate sector in Italy and internationally. Its two business lines, acquiring income properties to compete with the performances of European REITs and, on the other, creating a new generation of shopping and leisure centers through its pipeline development.
35GF 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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