Hong Fok (SGX:H30) Pretax Margin %: 54.28% (As of Dec. 2025) — 44% Below Median

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SGX:H30 Hong Fok Corp Ltd SGX:H30
50 GF Score
Price S$0.91
GF Value S$0.66
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hong Fok Pretax Margin %?

Hong Fok SGX:H30 50 Pretax Margin % is 54.28% as of Dec. 2025, which is 44% below its 10-year median of 97.68. GuruFocus rates SGX:H30 with a GF Score™ of 50/100 and a GF Value™ of S$0.66 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,754 Real Estate companies, Hong Fok ranks better than 73.55% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hong Fok's Pre-Tax Income for the six months ended in Dec. 2025 was S$27.92 Mil. Hong Fok's Revenue for the six months ended in Dec. 2025 was S$51.44 Mil. Therefore, Hong Fok's pretax margin for the quarter that ended in Dec. 2025 was 54.28%.

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

SGX:H30' s Pretax Margin % Range Over the Past 10 Years
Min: -27.51   Med: 97.68   Max: 325.5
Current: 34.53


SGX:H30's Pretax Margin % is ranked better than
73.55% of 1754 companies
in the Real Estate industry
Industry Median: 12.215 vs SGX:H30: 34.53

Hong Fok  (SGX:H30) 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.


Hong Fok Pretax Margin % Related Terms


Hong Fok Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Hong Fok'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.

Hong Fok Pretax Margin % Chart

Hong Fok 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 54.34 155.47 89.58 14.98 34.53

Hong Fok 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 152.21 6.98 20.95 12.88 54.28

SGX:H30 vs CBRE, BEKE, JLL: Pretax Margin % Comparison

For the Real Estate Services subindustry, Hong Fok'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.


Hong Fok Pretax Margin % vs Real Estate Industry

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

* The bar in red indicates where Hong Fok's Pretax Margin % falls into.


SGX:H30
50GF Score
Hong Fok Corp Ltd SGX:H30
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Fok 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.

Hong Fok'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 )
=33.961/98.348
=34.53 %

Hong Fok'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 )
=27.92/51.439
=54.28 %

* 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 54.28% mean?
Hong Fok (SGX:H30) has a Pretax Margin % of 54.28% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hong Fok and its competitors. This is 44% below median its historical median of 97.68. According to the industry distribution chart, Hong Fok ranks #464 out of 1754 companies in the Real Estate industry, placing it in the top 26.5%.
Is Hong Fok's Pretax Margin % too high?
Hong Fok's current Pretax Margin % of 54.28% is 44% below median its 10-year median of 97.68. The Real Estate industry median Pretax Margin % is 12.22. Hong Fok's value of 54.28% is 344.4% above this industry median. Based on the distribution chart, Hong Fok ranks #464 out of 1754 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hong Fok has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Fok's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hong Fok ranks #464 out of 1754 companies for Pretax Margin %. This puts Hong Fok in the upper half of its industry. The industry median Pretax Margin % is 12.22. Hong Fok's value of 54.28% is 344.4% above this benchmark. While the company's 10-year median is 97.68 vs. the industry median of 12.22, Hong Fok 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 12.22, 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. Hong Fok's current Pretax Margin % of 54.28% is 344.4% 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 Hong Fok and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Fok's current Pretax Margin % is 54.28%, which is 44% below median its own 10-year median of 97.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Fok stock overvalued right now?
Based on GuruFocus' analysis, Hong Fok (SGX:H30) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.66, compared to a current price of S$0.91 — trading 37.9% above its estimated fair value. The current Pretax Margin % is 54.28%, which is 44% below median its 10-year median of 97.68 and 344.4% above the Real Estate industry median of 12.22. Hong Fok's overall GF Score™ is 50/100 with 5 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 Hong Fok (SGX:H30), the current Pretax Margin % is 54.28% 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 Hong Fok (SGX:H30) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Fok stock appears to be overvalued. The current stock price of S$0.91 is trading 37.9% above its estimated GF Value™ of S$0.66. GuruFocus considers Hong Fok to be Significantly Overvalued.

Key valuation signals for SGX:H30:

  • Pretax Margin %: 54.28% (44% below median its 10-year median of 97.68)
  • GF Value™: S$0.66 vs. price of S$0.91 (37.9% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 344.4% above the Real Estate median (#464 of 1754)

No single metric tells the full story. See the SGX:H30 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Fok Business Description

Address 300 Beach Road, No. 41-00, The Concourse, Singapore, SGP, 199555
Hong Fok Corp Ltd is an investment holding company. The principal activities of the company consist of investment, property development and construction, property management, investment trading, provision of horticultural services, and investment holding and management. The company has three reportable segments: Property investment, which includes investments in investment properties; Property development and construction, which develops retail and residential units, including the sale of residential units, and construction of a hotel; and Property management, which provides maintenance and management services. The company generates majority of its revenue from the Property development and construction segment.
50GF Score

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

S$0.91
Price
S$0.66
GF Value