MegaworldPHS:MEG +0.49%92 Pretax Margin % is 36.34% as of Mar. 2026, which is 1% below its 10-year median of 36.72. GuruFocus rates PHS:MEG with a GF Score™ of 92/100 and a GF Value™ of ₱2.06 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,754 Real Estate companies, Megaworld ranks better than 74.69% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Megaworld's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₱7,434 Mil. Megaworld's Revenue for the
three
months ended in Mar. 2026 was ₱20,456 Mil. Therefore, Megaworld's pretax margin for the quarter that ended in Mar. 2026 was 36.34%.
The historical rank and industry rank for Megaworld's Pretax Margin % or its related term are showing as below:
PHS:MEG'
s Pretax Margin % Range Over the Past 10 Years
Min: 32.22 Med: 36.72 Max: 40.96
Current: 36.54
PHS:MEG's Pretax Margin % is ranked better than 74.69% of 1754
companies
in the Real Estate industry
Industry Median: 12.265
vs PHS:MEG: 36.54
Megaworld (PHS:MEG) 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.
Megaworld Pretax Margin % Related Terms
Megaworld Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Megaworld'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.
For the Real Estate - Development subindustry, Megaworld'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.
Megaworld Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Megaworld's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Megaworld'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.
Megaworld (PHS:MEG) has a Pretax Margin % of 36.34% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Megaworld and its competitors. This is near median its historical median of 36.72. Over the past decade, Megaworld's Pretax Margin % has ranged from 32.22 to 40.96. According to the industry distribution chart, Megaworld ranks #444 out of 1754 companies in the Real Estate industry, placing it in the top 25.3%.
Is Megaworld's Pretax Margin % too high?
Megaworld's current Pretax Margin % of 36.34% is near median its 10-year median of 36.72. Over the past 10 years, this metric has ranged from a low of 32.22 to a high of 40.96. The Real Estate industry median Pretax Margin % is 12.27. Megaworld's value of 36.34% is 196.3% above this industry median. Based on the distribution chart, Megaworld ranks #444 out of 1754 companies in the Real Estate industry, which is above the industry midpoint. Overall, Megaworld has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Megaworld's Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, Megaworld ranks #444 out of 1754 companies for Pretax Margin %. This puts Megaworld in the upper half of its industry. The industry median Pretax Margin % is 12.27. Megaworld's value of 36.34% is 196.3% above this benchmark. Historically, Megaworld's own Pretax Margin % has ranged from 32.22 to 40.96 over the past decade. While the company's 10-year median is 36.72 vs. the industry median of 12.27, Megaworld 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 12.27, 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. Megaworld's current Pretax Margin % of 36.34% is 196.3% 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 Megaworld and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megaworld's current Pretax Margin % is 36.34%, which is near median its own 10-year median of 36.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megaworld stock overvalued right now?
Based on GuruFocus' analysis, Megaworld (PHS:MEG) is currently considered Fairly Valued. The stock's GF Value™ is ₱2.06, compared to a current price of ₱2.05 — trading 0.5% below its estimated fair value. The current Pretax Margin % is 36.34%, which is near median its 10-year median of 36.72 and 196.3% above the Real Estate industry median of 12.27. Megaworld's overall GF Score™ is 92/100 with 3 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 Megaworld (PHS:MEG), the current Pretax Margin % is 36.34% 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 Megaworld (PHS:MEG) Overvalued in 2026?
Based on GuruFocus' analysis, Megaworld stock appears to be undervalued.
The current stock price of ₱2.05 is trading 0.5% below its estimated GF Value™ of ₱2.06.
GuruFocus considers Megaworld to be Fairly Valued.
Key valuation signals for PHS:MEG:
Pretax Margin %: 36.34% (near median its 10-year median of 36.72)
GF Value™: ₱2.06 vs. price of ₱2.05 (0.5% below fair value)
Industry Position: 196.3% above the Real Estate median (#444 of 1754)
No single metric tells the full story. See the PHS:MEG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Megaworld Corp is one of the property developers in the Philippines and is engaged in the development of large-scale mixed-use planned communities, or community townships, that comprise residential, commercial and office developments and integrate leisure, entertainment and educational/training components. The Company's real estate portfolio includes residential condominium units, subdivision lots and townhouses as well as office projects and retail space. It has the following three primary business segments: (i)The Rental segment, (ii) management of hotel operations and The Real Estate segment. The Rental segment includes leasing of office and commercial spaces and the Hotel Operations segment relates to the management of hotel business operations.
92GF Score
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