MNARF'
s Pretax Margin % Range Over the Past 10 Years
Min: 29.7 Med: 62.23 Max: 126.44
Current: 35.44
MNARF's Pretax Margin % is ranked worse than 61.49% of 927
companies
in the REITs industry
Industry Median: 46.7
vs MNARF: 35.44
Morguard North American Residential Real Estate Investment Trust (OTCPK:MNARF) 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.
Morguard North American Residential Real Estate Investment Trust Pretax Margin % Related Terms
Morguard North American Residential Real Estate Investment Trust Pretax Margin % Historical Data
* 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.
Morguard North American Residential Real Estate Investment Trust Pretax Margin % Chart
Morguard North American Residential Real Estate Investment Trust Annual Data
* 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.
Morguard North American Residential Real Estate Investment Trust Pretax Margin % vs REITs Industry
* 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.
Morguard North American Residential Real Estate Investment Trust (MNARF) has a Pretax Margin % of 49.09% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Morguard North American Residential Real Estate Investment Trust and its competitors. This is 21% below median its historical median of 62.23. Over the past decade, Morguard North American Residential Real Estate Investment Trust's Pretax Margin % has ranged from 29.70 to 126.44. According to the industry distribution chart, Morguard North American Residential Real Estate Investment Trust ranks #570 out of 927 companies in the REITs industry, placing it in the top 61.5%.
Is Morguard North American Residential Real Estate Investment Trust's Pretax Margin % too high?
Morguard North American Residential Real Estate Investment Trust's current Pretax Margin % of 49.09% is 21% below median its 10-year median of 62.23. Over the past 10 years, this metric has ranged from a low of 29.70 to a high of 126.44. The REITs industry median Pretax Margin % is 46.70. Morguard North American Residential Real Estate Investment Trust's value of 49.09% is 5.1% above this industry median. Based on the distribution chart, Morguard North American Residential Real Estate Investment Trust ranks #570 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Morguard North American Residential Real Estate Investment Trust has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morguard North American Residential Real Estate Investment Trust's Pretax Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Morguard North American Residential Real Estate Investment Trust ranks #570 out of 927 companies for Pretax Margin %. This places Morguard North American Residential Real Estate Investment Trust in the lower half of its industry. The industry median Pretax Margin % is 46.70. Morguard North American Residential Real Estate Investment Trust's value of 49.09% is 5.1% above this benchmark. Historically, Morguard North American Residential Real Estate Investment Trust's own Pretax Margin % has ranged from 29.70 to 126.44 over the past decade. While the company's 10-year median is 62.23 vs. the industry median of 46.70, Morguard North American Residential Real Estate Investment Trust 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. Morguard North American Residential Real Estate Investment Trust's current Pretax Margin % of 49.09% is 5.1% 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 Morguard North American Residential Real Estate Investment Trust 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. Morguard North American Residential Real Estate Investment Trust's current Pretax Margin % is 49.09%, which is 21% below median its own 10-year median of 62.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morguard North American Residential Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Morguard North American Residential Real Estate Investment Trust (MNARF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.69, compared to a current price of $12.18 — trading 13.9% above its estimated fair value. The current Pretax Margin % is 49.09%, which is 21% below median its 10-year median of 62.23 and 5.1% above the REITs industry median of 46.70. Morguard North American Residential Real Estate Investment Trust's overall GF Score™ is 66/100 with 10 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 Morguard North American Residential Real Estate Investment Trust (MNARF), the current Pretax Margin % is 49.09% 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 Morguard North American Residential Real Estate Investment Trust (MNARF) Overvalued in 2026?
Based on GuruFocus' analysis, Morguard North American Residential Real Estate Investment Trust stock appears to be overvalued.
The current stock price of $12.18 is trading 13.9% above its estimated GF Value™ of $10.69.
GuruFocus considers Morguard North American Residential Real Estate Investment Trust to be Modestly Overvalued.
Key valuation signals for MNARF:
Pretax Margin %: 49.09% (21% below median its 10-year median of 62.23)
GF Value™: $10.69 vs. price of $12.18 (13.9% above fair value)
Industry Position: 5.1% above the REITs median (#570 of 927)
No single metric tells the full story. See the MNARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morguard North American Residential Real Estate Investment Trust Business Description
Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. It acquires, develops, owns and manages multi-suite residential, commercial and hotel properties and serves as a real estate investment advisor and management company. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the majority of revenue.
66GF 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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