MRGIF (Mori Trust Reit) Pretax Margin %: 60.07% (As of Feb. 2024)


MRGIF Mori Trust Reit Inc MRGIF
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What is Mori Trust Reit Pretax Margin %?

Mori Trust Reit MRGIF 12 Pretax Margin % is 60.07% as of Feb. 2024. GuruFocus rates MRGIF with a GF Score™ of 12/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mori Trust Reit's Pre-Tax Income for the six months ended in Feb. 2024 was $48.5 Mil. Mori Trust Reit's Revenue for the six months ended in Feb. 2024 was $80.7 Mil. Therefore, Mori Trust Reit's pretax margin for the quarter that ended in Feb. 2024 was 60.07%.

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


MRGIF's Pretax Margin % is not ranked *
in the REITs industry.
Industry Median: 46.93
* Ranked among companies with meaningful Pretax Margin % only.

Mori Trust Reit  (OTCPK:MRGIF) 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.


Mori Trust Reit Pretax Margin % Related Terms


Mori Trust Reit Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Mori Trust 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.

Mori Trust Reit Pretax Margin % Chart

Mori Trust Reit Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.69 55.32 56.65 57.37 50.09

Mori Trust Reit Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24 Aug24
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 54.94 44.09 55.33 60.07 57.85

MRGIF vs ARE, BXP, VNO: Pretax Margin % Comparison

For the REIT - Office subindustry, Mori Trust 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.


Mori Trust Reit Pretax Margin % vs REITs Industry

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

* The bar in red indicates where Mori Trust Reit's Pretax Margin % falls into.


MRGIF
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Mori Trust Reit Inc MRGIF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mori Trust Reit 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.

Mori Trust Reit's Pretax Margin for the fiscal year that ended in Sep. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2022 )/Revenue (A: Sep. 2022 )
=53.939/107.693
=50.09 %

Mori Trust Reit's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=48.507/80.746
=60.07 %

* 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 60.07% mean?
Mori Trust Reit (MRGIF) has a Pretax Margin % of 60.07% as of Feb. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mori Trust Reit and its competitors.
Is Mori Trust Reit's Pretax Margin % too high?
Mori Trust Reit's current Pretax Margin % is 60.07%. The REITs industry median Pretax Margin % is 46.93. Mori Trust Reit's value of 60.07% is 28% above this industry median. Overall, Mori Trust Reit has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mori Trust Reit's Pretax Margin % compare to ARE and BXP?
Mori Trust Reit's Pretax Margin % of 60.07% can be compared against companies in the REITs industry. The industry median Pretax Margin % is 46.93. Mori Trust Reit's value of 60.07% is 28% 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 46.93, 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. Mori Trust Reit's current Pretax Margin % of 60.07% is 28% 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 Mori Trust Reit 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. Mori Trust Reit's current Pretax Margin % is 60.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Trust Reit stock overvalued right now?
Mori Trust Reit (MRGIF) has a current Pretax Margin % of 60.07%. The current Pretax Margin % is 60.07% and 28% above the REITs industry median of 46.93. Mori Trust Reit's overall GF Score™ is 12/100. 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 Mori Trust Reit (MRGIF), the current Pretax Margin % is 60.07% as of Feb. 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.

Mori Trust Reit Business Description

Industry Real EstateREITs
Address 3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN
Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.
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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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