Italpinas Development (PHS:IDC) Pretax Margin %: 31.73% (As of Mar. 2026) — 44% Below Median


PHS:IDC Italpinas Development Corp PHS:IDC
65 GF Score
Price ₱0.58
GF Value ₱1.37
Valuation Possible Value Trap
! 8 Warning Signs
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What is Italpinas Development Pretax Margin %?

Italpinas Development PHS:IDC 65 Pretax Margin % is 31.73% as of Mar. 2026, which is 44% below its 10-year median of 56.98. GuruFocus rates PHS:IDC with a GF Score™ of 65/100 and a GF Value™ of ₱1.37 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,754 Real Estate companies, Italpinas Development ranks better than 76.91% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Italpinas Development's Pre-Tax Income for the three months ended in Mar. 2026 was ₱29.2 Mil. Italpinas Development's Revenue for the three months ended in Mar. 2026 was ₱91.9 Mil. Therefore, Italpinas Development's pretax margin for the quarter that ended in Mar. 2026 was 31.73%.

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

PHS:IDC' s Pretax Margin % Range Over the Past 10 Years
Min: 14.89   Med: 56.98   Max: 77.8
Current: 40.79


PHS:IDC's Pretax Margin % is ranked better than
76.91% of 1754 companies
in the Real Estate industry
Industry Median: 12.41 vs PHS:IDC: 40.79

Italpinas Development  (PHS:IDC) 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.


Italpinas Development Pretax Margin % Related Terms


Italpinas Development Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Italpinas Development'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.

Italpinas Development Pretax Margin % Chart

Italpinas Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.30 71.83 71.64 77.80 43.35

Italpinas Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 190.29 138.20 42.57 41.09 31.73

PHS:IDC vs CBRE, BEKE, CSGP: Pretax Margin % Comparison

For the Real Estate Services subindustry, Italpinas Development'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.


Italpinas Development Pretax Margin % vs Real Estate Industry

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

* The bar in red indicates where Italpinas Development's Pretax Margin % falls into.


PHS:IDC
65GF Score
Italpinas Development Corp PHS:IDC
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Italpinas Development 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.

Italpinas Development's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=340.167/784.685
=43.35 %

Italpinas Development'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 )
=29.167/91.909
=31.73 %

* 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 31.73% mean?
Italpinas Development (PHS:IDC) has a Pretax Margin % of 31.73% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Italpinas Development and its competitors. This is 44% below median its historical median of 56.98. Over the past decade, Italpinas Development's Pretax Margin % has ranged from 14.89 to 77.80. According to the industry distribution chart, Italpinas Development ranks #405 out of 1754 companies in the Real Estate industry, placing it in the top 23.1%.
Is Italpinas Development's Pretax Margin % too high?
Italpinas Development's current Pretax Margin % of 31.73% is 44% below median its 10-year median of 56.98. Over the past 10 years, this metric has ranged from a low of 14.89 to a high of 77.80. The Real Estate industry median Pretax Margin % is 12.41. Italpinas Development's value of 31.73% is 155.7% above this industry median. Based on the distribution chart, Italpinas Development ranks #405 out of 1754 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Italpinas Development has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Italpinas Development's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Italpinas Development ranks #405 out of 1754 companies for Pretax Margin %. This places Italpinas Development in the top 23% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.41. Italpinas Development's value of 31.73% is 155.7% above this benchmark. Historically, Italpinas Development's own Pretax Margin % has ranged from 14.89 to 77.80 over the past decade. While the company's 10-year median is 56.98 vs. the industry median of 12.41, Italpinas Development 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.41, based on 1,754 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. Italpinas Development's current Pretax Margin % of 31.73% is 155.7% 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 Italpinas Development and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italpinas Development's current Pretax Margin % is 31.73%, which is 44% below median its own 10-year median of 56.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italpinas Development stock overvalued right now?
Based on GuruFocus' analysis, Italpinas Development (PHS:IDC) is currently considered Possible Value Trap. The stock's GF Value™ is ₱1.37, compared to a current price of ₱0.58 — trading 57.7% below its estimated fair value. The current Pretax Margin % is 31.73%, which is 44% below median its 10-year median of 56.98 and 155.7% above the Real Estate industry median of 12.41. Italpinas Development's overall GF Score™ is 65/100 with 8 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 Italpinas Development (PHS:IDC), the current Pretax Margin % is 31.73% 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 Italpinas Development (PHS:IDC) Overvalued in 2026?

Based on GuruFocus' analysis, Italpinas Development stock appears to be undervalued. The current stock price of ₱0.58 is trading 57.7% below its estimated GF Value™ of ₱1.37. GuruFocus considers Italpinas Development to be Possible Value Trap.

Key valuation signals for PHS:IDC:

  • Pretax Margin %: 31.73% (44% below median its 10-year median of 56.98)
  • GF Value™: ₱1.37 vs. price of ₱0.58 (57.7% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 155.7% above the Real Estate median (#405 of 1754)

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


Italpinas Development Business Description

Address 6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28th Floor, Metro Manila, Makati, RIZ, PHL, 1226
Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties. The company is organized into one reportable segment which is the development and sale of real estate. It also has one geographical segment and derives all its revenues from domestic operations.
65GF Score

Get the complete analysis for PHS:IDC

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

₱0.58
Price
₱1.37
GF Value