NTT UD Reit InvestmentPICJF 66 Pretax Margin % is 39.44% as of Apr. 2026, which is 2% below its 10-year median of 40.32. GuruFocus rates PICJF with a GF Score™ of 66/100 and a GF Value™ of $908.36. The stock has 11 warning signs investors should review. Among 928 REITs companies, NTT UD Reit Investment ranks worse than 62.39% on this metric.
The historical rank and industry rank for NTT UD Reit Investment's Pretax Margin % or its related term are showing as below:
PICJF'
s Pretax Margin % Range Over the Past 10 Years
Min: 31.82 Med: 40.32 Max: 44.01
Current: 34.38
PICJF's Pretax Margin % is ranked worse than 62.39% of 928
companies
in the REITs industry
Industry Median: 46.675
vs PICJF: 34.38
NTT UD Reit Investment (OTCPK:PICJF) 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.
NTT UD Reit Investment Pretax Margin % Related Terms
NTT UD Reit Investment Pretax Margin % Historical Data
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The historical data trend for NTT UD Reit Investment'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 REIT - Diversified subindustry, NTT UD Reit Investment'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.
NTT UD Reit Investment Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, NTT UD Reit Investment's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where NTT UD Reit Investment'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.
NTT UD Reit Investment (PICJF) has a Pretax Margin % of 39.44% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on NTT UD Reit Investment and its competitors. This is near median its historical median of 40.32. Over the past decade, NTT UD Reit Investment's Pretax Margin % has ranged from 31.82 to 44.01. According to the industry distribution chart, NTT UD Reit Investment ranks #579 out of 928 companies in the REITs industry, placing it in the top 62.4%.
Is NTT UD Reit Investment's Pretax Margin % too high?
NTT UD Reit Investment's current Pretax Margin % of 39.44% is near median its 10-year median of 40.32. Over the past 10 years, this metric has ranged from a low of 31.82 to a high of 44.01. The REITs industry median Pretax Margin % is 46.68. NTT UD Reit Investment's value of 39.44% is 15.5% below this industry median. Based on the distribution chart, NTT UD Reit Investment ranks #579 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, NTT UD Reit Investment has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does NTT UD Reit Investment's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, NTT UD Reit Investment ranks #579 out of 928 companies for Pretax Margin %. This places NTT UD Reit Investment in the lower half of its industry. The industry median Pretax Margin % is 46.68. NTT UD Reit Investment's value of 39.44% is 15.5% below this benchmark. Historically, NTT UD Reit Investment's own Pretax Margin % has ranged from 31.82 to 44.01 over the past decade. While the company's 10-year median is 40.32 vs. the industry median of 46.68, NTT UD Reit Investment has consistently been below 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 46.68, 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. NTT UD Reit Investment's current Pretax Margin % of 39.44% is 15.5% below 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 NTT UD Reit Investment 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. NTT UD Reit Investment's current Pretax Margin % is 39.44%, which is near median its own 10-year median of 40.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT UD Reit Investment stock overvalued right now?
NTT UD Reit Investment (PICJF) has a current Pretax Margin % of 39.44%. The stock's GF Value™ is $908.36, compared to a current price of $892.43 — trading 1.8% below its estimated fair value. The current Pretax Margin % is 39.44%, which is near median its 10-year median of 40.32 and 15.5% below the REITs industry median of 46.68. NTT UD Reit Investment's overall GF Score™ is 66/100 with 11 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 NTT UD Reit Investment (PICJF), the current Pretax Margin % is 39.44% as of Apr. 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 NTT UD Reit Investment (PICJF) Overvalued in 2026?
Based on GuruFocus' analysis, NTT UD Reit Investment stock appears to be undervalued.
The current stock price of $892.43 is trading 1.8% below its estimated GF Value™ of $908.36.
Key valuation signals for PICJF:
Pretax Margin %: 39.44% (near median its 10-year median of 40.32)
GF Value™: $908.36 vs. price of $892.43 (1.8% below fair value)
Industry Position: 15.5% below the REITs median (#579 of 928)
No single metric tells the full story. See the PICJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.
66GF Score
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