SM Prime HoldingsSPHXF 49 Pretax Margin % is 43.21% as of Mar. 2026, which is 10% above its 10-year median of 39.23. GuruFocus rates SPHXF with a GF Score™ of 49/100 and a GF Value™ of $0.50 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,755 Real Estate companies, SM Prime Holdings ranks better than 78.12% on this metric.
The historical rank and industry rank for SM Prime Holdings's Pretax Margin % or its related term are showing as below:
SPHXF'
s Pretax Margin % Range Over the Past 10 Years
Min: 27.43 Med: 39.23 Max: 43.23
Current: 43.07
SPHXF's Pretax Margin % is ranked better than 78.12% of 1755
companies
in the Real Estate industry
Industry Median: 12.44
vs SPHXF: 43.07
SM Prime Holdings (OTCPK:SPHXF) 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.
SM Prime Holdings Pretax Margin % Related Terms
SM Prime Holdings Pretax Margin % Historical Data
* Premium members only.
The historical data trend for SM Prime 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.
SM Prime Holdings Pretax Margin % Competitor Comparison
For the Real Estate - Diversified subindustry, SM Prime 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.
SM Prime Holdings Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, SM Prime Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where SM Prime Holdings'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.
SM Prime Holdings (SPHXF) has a Pretax Margin % of 43.21% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on SM Prime Holdings and its competitors. This is 10% above median its historical median of 39.23. Over the past decade, SM Prime Holdings' Pretax Margin % has ranged from 27.43 to 43.23. According to the industry distribution chart, SM Prime Holdings ranks #384 out of 1755 companies in the Real Estate industry, placing it in the top 21.9%.
Is SM Prime Holdings' Pretax Margin % too high?
SM Prime Holdings' current Pretax Margin % of 43.21% is 10% above median its 10-year median of 39.23. Over the past 10 years, this metric has ranged from a low of 27.43 to a high of 43.23. The Real Estate industry median Pretax Margin % is 12.44. SM Prime Holdings' value of 43.21% is 247.3% above this industry median. Based on the distribution chart, SM Prime Holdings ranks #384 out of 1755 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, SM Prime Holdings has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Prime Holdings' Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, SM Prime Holdings ranks #384 out of 1755 companies for Pretax Margin %. This places SM Prime Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.44. SM Prime Holdings' value of 43.21% is 247.3% above this benchmark. Historically, SM Prime Holdings' own Pretax Margin % has ranged from 27.43 to 43.23 over the past decade. While the company's 10-year median is 39.23 vs. the industry median of 12.44, SM Prime 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.44, based on 1,755 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. SM Prime Holdings's current Pretax Margin % of 43.21% is 247.3% 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 SM Prime Holdings and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SM Prime Holdings's current Pretax Margin % is 43.21%, which is 10% above median its own 10-year median of 39.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Prime Holdings stock overvalued right now?
Based on GuruFocus' analysis, SM Prime Holdings (SPHXF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.50, compared to a current price of $0.28 — trading 44% below its estimated fair value. The current Pretax Margin % is 43.21%, which is 10% above median its 10-year median of 39.23 and 247.3% above the Real Estate industry median of 12.44. SM Prime Holdings' overall GF Score™ is 49/100 with 4 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 SM Prime Holdings (SPHXF), the current Pretax Margin % is 43.21% 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 SM Prime Holdings (SPHXF) Overvalued in 2026?
Based on GuruFocus' analysis, SM Prime Holdings stock appears to be undervalued.
The current stock price of $0.28 is trading 44% below its estimated GF Value™ of $0.50.
GuruFocus considers SM Prime Holdings to be Possible Value Trap.
Key valuation signals for SPHXF:
Pretax Margin %: 43.21% (10% above median its 10-year median of 39.23)
GF Value™: $0.50 vs. price of $0.28 (44% below fair value)
Industry Position: 247.3% above the Real Estate median (#384 of 1755)
No single metric tells the full story. See the SPHXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SM Prime Holdings Inc is an integrated property developer. It is engaged in acquiring and developing real estate, conducting and maintaining commercial shopping centers, and constructing and managing buildings such as condominiums, apartments, hotels, restaurants, stores, and other structures for mixed-use purposes. The company has four business segments, namely, malls, residential, commercial, and integrated property developments and hotels and convention centers. It generates maximum revenue from the Malls segment, which develops, conducts, operates, and maintains the business of commercial shopping centers for rent, amusement centers, or cinema theaters within the compound of the shopping centers.
49GF Score
Get the complete analysis for SPHXF
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
SPHXF has been successfully added to your 
