Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hiap HoeSGX:5JK 45 Pretax Margin % is 32.80% as of Jun. 2026, which is 106% above its 10-year median of 15.95. GuruFocus rates SGX:5JK with a GF Score™ of 45/100 and a GF Value™ of S$0.67 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 842 Travel & Leisure companies, Hiap Hoe ranks better than 93.82% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hiap Hoe's Pre-Tax Income for the
six
months ended in Jun. 2026 was S$21.4 Mil. Hiap Hoe's Revenue for the
six
months ended in Jun. 2026 was S$65.3 Mil. Therefore, Hiap Hoe's pretax margin for the quarter that ended in Jun. 2026 was 32.80%.
The historical rank and industry rank for Hiap Hoe's Pretax Margin % or its related term are showing as below:
SGX:5JK'
s Pretax Margin % Range Over the Past 10 Years
Min: -46.31 Med: 15.95 Max: 66.14
Current: 38.1
SGX:5JK's Pretax Margin % is ranked better than 93.82% of 842
companies
in the Travel & Leisure industry
Industry Median: 6.46
vs SGX:5JK: 38.10
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.
Hiap Hoe Pretax Margin % Related Terms
Hiap Hoe Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Hiap Hoe'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.
SGX:5JK vs MAR, HLT, H: Pretax Margin % Comparison
For the Lodging subindustry, Hiap Hoe'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.
Hiap Hoe Pretax Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Hiap Hoe's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hiap Hoe'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.
Hiap Hoe (SGX:5JK) has a Pretax Margin % of 32.80% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hiap Hoe and its competitors. This is 106% above median its historical median of 15.95. According to the industry distribution chart, Hiap Hoe ranks #52 out of 842 companies in the Travel & Leisure industry, placing it in the top 6.2%.
Is Hiap Hoe's Pretax Margin % too high?
Hiap Hoe's current Pretax Margin % of 32.80% is 106% above median its 10-year median of 15.95. The Travel & Leisure industry median Pretax Margin % is 6.46. Hiap Hoe's value of 32.80% is 407.7% above this industry median. Based on the distribution chart, Hiap Hoe ranks #52 out of 842 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Hiap Hoe has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Hoe's Pretax Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hiap Hoe ranks #52 out of 842 companies for Pretax Margin %. This places Hiap Hoe in the top 6% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.46. Hiap Hoe's value of 32.80% is 407.7% above this benchmark. While the company's 10-year median is 15.95 vs. the industry median of 6.46, Hiap Hoe 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 Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.46, based on 842 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. Hiap Hoe's current Pretax Margin % of 32.80% is 407.7% 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 Hiap Hoe and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Hoe's current Pretax Margin % is 32.80%, which is 106% above median its own 10-year median of 15.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Hoe stock overvalued right now?
Based on GuruFocus' analysis, Hiap Hoe (SGX:5JK) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.67, compared to a current price of S$0.60 — trading 11.2% below its estimated fair value. The current Pretax Margin % is 32.80%, which is 106% above median its 10-year median of 15.95 and 407.7% above the Travel & Leisure industry median of 6.46. Hiap Hoe's overall GF Score™ is 45/100 with 6 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 Hiap Hoe (SGX:5JK), the current Pretax Margin % is 32.80% as of Jun. 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 Hiap Hoe (SGX:5JK) Overvalued in 2026?
Based on GuruFocus' analysis, Hiap Hoe stock appears to be undervalued.
The current stock price of S$0.60 is trading 11.2% below its estimated GF Value™ of S$0.67.
GuruFocus considers Hiap Hoe to be Modestly Undervalued.
Key valuation signals for SGX:5JK:
Pretax Margin %: 32.80% (106% above median its 10-year median of 15.95)
GF Value™: S$0.67 vs. price of S$0.60 (11.2% below fair value)
Industry Position: 407.7% above the Travel & Leisure median (#52 of 842)
No single metric tells the full story. See the SGX:5JK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiap Hoe Ltd is a regional real estate group. It has the following reportable operating segments -The rental segment is in the business of renting of space under the investment properties and property, plant and equipment. The leisure segment is in the business of providing leisure and recreational facilities. The hotel operations segment is operated under the brand names of Aloft Singapore Novena, Holiday Inn Express Trafford City, Aloft Perth and Great Eastern Motor Lodge. The other investments portfolio consists of a mix of quoted and unquoted investments. The others segment is involved in Group-level corporate services and treasury functions. The company has operations in Singapore which generates key revenue, Australia, and the United Kingdom.
45GF Score
Get the complete analysis for SGX:5JK
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:5JK has been successfully added to your 
