Bonvests Holdings (SGX:B28) Pretax Margin %: 21.27% (As of Dec. 2025) — 180% Above Median

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SGX:B28 Bonvests Holdings Ltd SGX:B28
71 GF Score
Price S$0.95
GF Value S$1.02
Valuation Fairly Valued
! 3 Warning Signs
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What is Bonvests Holdings Pretax Margin %?

Bonvests Holdings SGX:B28 71 Pretax Margin % is 21.27% as of Dec. 2025, which is 180% above its 10-year median of 7.59. GuruFocus rates SGX:B28 with a GF Score™ of 71/100 and a GF Value™ of S$1.02 (Fairly Valued). The stock has 3 warning signs investors should review. Among 843 Travel & Leisure companies, Bonvests Holdings ranks better than 68.21% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bonvests Holdings's Pre-Tax Income for the six months ended in Dec. 2025 was S$25.9 Mil. Bonvests Holdings's Revenue for the six months ended in Dec. 2025 was S$121.8 Mil. Therefore, Bonvests Holdings's pretax margin for the quarter that ended in Dec. 2025 was 21.27%.

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

SGX:B28' s Pretax Margin % Range Over the Past 10 Years
Min: -34.37   Med: 7.59   Max: 42.87
Current: 12.76


SGX:B28's Pretax Margin % is ranked better than
68.21% of 843 companies
in the Travel & Leisure industry
Industry Median: 5.97 vs SGX:B28: 12.76

Bonvests Holdings  (SGX:B28) 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.


Bonvests Holdings Pretax Margin % Related Terms


Bonvests Holdings Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Bonvests Holdings'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.

Bonvests Holdings Pretax Margin % Chart

Bonvests Holdings 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 7.21 12.44 5.78 3.87 12.76

Bonvests Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 10.24 -1.75 9.19 3.01 21.27

SGX:B28 vs MAR, HLT, H: Pretax Margin % Comparison

For the Lodging subindustry, Bonvests Holdings'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.


Bonvests Holdings Pretax Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bonvests Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Bonvests Holdings's Pretax Margin % falls into.


SGX:B28
71GF Score
Bonvests Holdings Ltd SGX:B28
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bonvests Holdings 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.

Bonvests Holdings'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 )
=29.114/228.236
=12.76 %

Bonvests Holdings's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=25.91/121.832
=21.27 %

* 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 21.27% mean?
Bonvests Holdings (SGX:B28) has a Pretax Margin % of 21.27% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Bonvests Holdings and its competitors. This is 180% above median its historical median of 7.59. According to the industry distribution chart, Bonvests Holdings ranks #268 out of 843 companies in the Travel & Leisure industry, placing it in the top 31.8%.
Is Bonvests Holdings' Pretax Margin % too high?
Bonvests Holdings' current Pretax Margin % of 21.27% is 180% above median its 10-year median of 7.59. The Travel & Leisure industry median Pretax Margin % is 5.97. Bonvests Holdings' value of 21.27% is 256.3% above this industry median. Based on the distribution chart, Bonvests Holdings ranks #268 out of 843 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Bonvests Holdings has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bonvests Holdings' Pretax Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Bonvests Holdings ranks #268 out of 843 companies for Pretax Margin %. This puts Bonvests Holdings in the upper half of its industry. The industry median Pretax Margin % is 5.97. Bonvests Holdings' value of 21.27% is 256.3% above this benchmark. While the company's 10-year median is 7.59 vs. the industry median of 5.97, Bonvests Holdings 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 5.97, based on 843 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. Bonvests Holdings's current Pretax Margin % of 21.27% is 256.3% 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 Bonvests Holdings and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 5.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonvests Holdings's current Pretax Margin % is 21.27%, which is 180% above median its own 10-year median of 7.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonvests Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bonvests Holdings (SGX:B28) is currently considered Fairly Valued. The stock's GF Value™ is S$1.02, compared to a current price of S$0.95 — trading 6.9% below its estimated fair value. The current Pretax Margin % is 21.27%, which is 180% above median its 10-year median of 7.59 and 256.3% above the Travel & Leisure industry median of 5.97. Bonvests Holdings' overall GF Score™ is 71/100 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 Bonvests Holdings (SGX:B28), the current Pretax Margin % is 21.27% as of Dec. 2025. 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 Bonvests Holdings (SGX:B28) Overvalued in 2026?

Based on GuruFocus' analysis, Bonvests Holdings stock appears to be undervalued. The current stock price of S$0.95 is trading 6.9% below its estimated GF Value™ of S$1.02. GuruFocus considers Bonvests Holdings to be Fairly Valued.

Key valuation signals for SGX:B28:

  • Pretax Margin %: 21.27% (180% above median its 10-year median of 7.59)
  • GF Value™: S$1.02 vs. price of S$0.95 (6.9% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 256.3% above the Travel & Leisure median (#268 of 843)

No single metric tells the full story. See the SGX:B28 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonvests Holdings Business Description

Address 541 Orchard Road, No. 16-00, Liat Towers, Singapore, SGP, 238881
Bonvests Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is involved in various business activities, which include owning and letting properties, development and operation of hotels and a golf course, collection and disposal of waste and contract cleaning, securities trading and investment holding, and provision of management services. The company's reportable operating segments are Rental, Hotel, Industrial, Investment, Development, and Others. A majority of its revenue is derived from the Hotel segment, which includes the development and operation of hotels and a golf course. Geographically, it generates maximum revenue from Singapore, followed by Africa, Maldives, Australia, and other regions.
71GF Score

Get the complete analysis for SGX:B28

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

S$0.95
Price
S$1.02
GF Value