Sao Mai GroupSTC:ASM +0.17%71 Pretax Margin % is 5.61% as of Mar. 2026, which is 14% below its 10-year median of 6.52. GuruFocus rates STC:ASM with a GF Score™ of 71/100 and a GF Value™ of ₫7,031.49 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,753 Real Estate companies, Sao Mai Group ranks worse than 66.74% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sao Mai Group's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₫138,639 Mil. Sao Mai Group's Revenue for the
three
months ended in Mar. 2026 was ₫2,469,598 Mil. Therefore, Sao Mai Group's pretax margin for the quarter that ended in Mar. 2026 was 5.61%.
The historical rank and industry rank for Sao Mai Group's Pretax Margin % or its related term are showing as below:
STC:ASM'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.81 Med: 6.52 Max: 15.89
Current: 2.71
STC:ASM's Pretax Margin % is ranked worse than 66.74% of 1753
companies
in the Real Estate industry
Industry Median: 12.28
vs STC:ASM: 2.71
Sao Mai Group (STC:ASM) 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.
Sao Mai Group Pretax Margin % Related Terms
Sao Mai Group Pretax Margin % Historical Data
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The historical data trend for Sao Mai Group'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.
STC:ASM vs CBRE, BEKE, JLL: Pretax Margin % Comparison
For the Real Estate Services subindustry, Sao Mai Group'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.
Sao Mai Group Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sao Mai Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Sao Mai Group'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.
Sao Mai Group (STC:ASM) has a Pretax Margin % of 5.61% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sao Mai Group and its competitors. This is 14% below median its historical median of 6.52. Over the past decade, Sao Mai Group's Pretax Margin % has ranged from 1.81 to 15.89. According to the industry distribution chart, Sao Mai Group ranks #1170 out of 1753 companies in the Real Estate industry, placing it in the top 66.7%.
Is Sao Mai Group's Pretax Margin % too high?
Sao Mai Group's current Pretax Margin % of 5.61% is 14% below median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 15.89. The Real Estate industry median Pretax Margin % is 12.28. Sao Mai Group's value of 5.61% is 54.3% below this industry median. Based on the distribution chart, Sao Mai Group ranks #1170 out of 1753 companies in the Real Estate industry, which is below the industry midpoint. Overall, Sao Mai Group has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sao Mai Group's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sao Mai Group ranks #1170 out of 1753 companies for Pretax Margin %. This places Sao Mai Group in the lower half of its industry. The industry median Pretax Margin % is 12.28. Sao Mai Group's value of 5.61% is 54.3% below this benchmark. Historically, Sao Mai Group's own Pretax Margin % has ranged from 1.81 to 15.89 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 12.28, Sao Mai Group 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.28, based on 1,753 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. Sao Mai Group's current Pretax Margin % of 5.61% is 54.3% 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 Sao Mai Group and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sao Mai Group's current Pretax Margin % is 5.61%, which is 14% below median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Mai Group stock overvalued right now?
Based on GuruFocus' analysis, Sao Mai Group (STC:ASM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫7,031.49, compared to a current price of ₫6,010.00 — trading 14.5% below its estimated fair value. The current Pretax Margin % is 5.61%, which is 14% below median its 10-year median of 6.52 and 54.3% below the Real Estate industry median of 12.28. Sao Mai Group's overall GF Score™ is 71/100 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 Sao Mai Group (STC:ASM), the current Pretax Margin % is 5.61% 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 Sao Mai Group (STC:ASM) Overvalued in 2026?
Based on GuruFocus' analysis, Sao Mai Group stock appears to be undervalued.
The current stock price of ₫6,010.00 is trading 14.5% below its estimated GF Value™ of ₫7,031.49.
GuruFocus considers Sao Mai Group to be Modestly Undervalued.
Key valuation signals for STC:ASM:
Pretax Margin %: 5.61% (14% below median its 10-year median of 6.52)
GF Value™: ₫7,031.49 vs. price of ₫6,010.00 (14.5% below fair value)
Industry Position: 54.3% below the Real Estate median (#1170 of 1753)
No single metric tells the full story. See the STC:ASM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sao Mai Group Corp is a company engaged in the real estate sector. It develops urban zones, residential areas and resorts, as well as leases houses and offices. It is also engaged in investment in the infrastructure business, residential area, urban area, industrial zone.
71GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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