STGPF (Scentre Group) Pretax Margin %: 74.16% (As of Dec. 2025) — 66% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

STGPF Scentre Group STGPF
69 GF Score
Price $2.45
GF Value $2.27
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Scentre Group Pretax Margin %?

Scentre Group STGPF 69 Pretax Margin % is 74.16% as of Dec. 2025, which is 66% above its 10-year median of 44.65. GuruFocus rates STGPF with a GF Score™ of 69/100 and a GF Value™ of $2.27 (Fairly Valued). The stock has 9 warning signs investors should review. Among 916 REITs companies, Scentre Group ranks better than 62.55% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Scentre Group's Pre-Tax Income for the six months ended in Dec. 2025 was $676 Mil. Scentre Group's Revenue for the six months ended in Dec. 2025 was $911 Mil. Therefore, Scentre Group's pretax margin for the quarter that ended in Dec. 2025 was 74.16%.

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

STGPF' s Pretax Margin % Range Over the Past 10 Years
Min: -173.26   Med: 44.65   Max: 173.59
Current: 67.69


STGPF's Pretax Margin % is ranked better than
62.55% of 916 companies
in the REITs industry
Industry Median: 47.335 vs STGPF: 67.69

Scentre Group  (OTCPK:STGPF) 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.


Scentre Group Pretax Margin % Related Terms


Scentre Group Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Scentre 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.

Scentre Group Pretax Margin % Chart

Scentre Group 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 41.09 14.09 7.41 41.73 67.69

Scentre Group 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 1.75 33.40 49.54 60.93 74.16

STGPF vs SPG, O, KIM: Pretax Margin % Comparison

For the REIT - Retail subindustry, Scentre 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.


Scentre Group Pretax Margin % vs REITs Industry

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

* The bar in red indicates where Scentre Group's Pretax Margin % falls into.


STGPF
69GF Score
Scentre Group STGPF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scentre Group 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.

Scentre Group'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 )
=1207.575/1784.053
=67.69 %

Scentre Group'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 )
=675.681/911.096
=74.16 %

* 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 74.16% mean?
Scentre Group (STGPF) has a Pretax Margin % of 74.16% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Scentre Group and its competitors. This is 66% above median its historical median of 44.65. According to the industry distribution chart, Scentre Group ranks #343 out of 916 companies in the REITs industry, placing it in the top 37.4%.
Is Scentre Group's Pretax Margin % too high?
Scentre Group's current Pretax Margin % of 74.16% is 66% above median its 10-year median of 44.65. The REITs industry median Pretax Margin % is 47.34. Scentre Group's value of 74.16% is 56.7% above this industry median. Based on the distribution chart, Scentre Group ranks #343 out of 916 companies in the REITs industry, which is above the industry midpoint. Overall, Scentre Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scentre Group's Pretax Margin % compare to SPG and O?
According to the REITs industry distribution chart, Scentre Group ranks #343 out of 916 companies for Pretax Margin %. This puts Scentre Group in the upper half of its industry. The industry median Pretax Margin % is 47.34. Scentre Group's value of 74.16% is 56.7% above this benchmark. While the company's 10-year median is 44.65 vs. the industry median of 47.34, Scentre Group 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 REITs company?
The median Pretax Margin % among REITs companies is 47.34, based on 916 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. Scentre Group's current Pretax Margin % of 74.16% is 56.7% 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 Scentre Group and its competitors. For the REITs industry, the median Pretax Margin % is 47.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scentre Group's current Pretax Margin % is 74.16%, which is 66% above median its own 10-year median of 44.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scentre Group stock overvalued right now?
Based on GuruFocus' analysis, Scentre Group (STGPF) is currently considered Fairly Valued. The stock's GF Value™ is $2.27, compared to a current price of $2.45 — trading 7.9% above its estimated fair value. The current Pretax Margin % is 74.16%, which is 66% above median its 10-year median of 44.65 and 56.7% above the REITs industry median of 47.34. Scentre Group's overall GF Score™ is 69/100 with 9 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 Scentre Group (STGPF), the current Pretax Margin % is 74.16% 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 Scentre Group (STGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Scentre Group stock appears to be overvalued. The current stock price of $2.45 is trading 7.9% above its estimated GF Value™ of $2.27. GuruFocus considers Scentre Group to be Fairly Valued.

Key valuation signals for STGPF:

  • Pretax Margin %: 74.16% (66% above median its 10-year median of 44.65)
  • GF Value™: $2.27 vs. price of $2.45 (7.9% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 56.7% above the REITs median (#343 of 916)

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


Scentre Group Business Description

Industry Real EstateREITs
Other Exchanges 59S:GermanySCG:Australia
Address 85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000
Scentre Group owns the largest premium shopping center portfolio in Australia and New Zealand, operating 42 Westfield malls. This includes seven of the top 10 malls in Australia by sales turnover and four of the top five in New Zealand. Westfield centers are typically one-stop shopping destinations, each with a comprehensive range of retail, service, lifestyle, and entertainment offerings. About half the retail floorspace is leased to anchor tenants, and half to specialty tenants. The vast majority of Scentre's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
69GF Score

Get the complete analysis for STGPF

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

$2.45
Price
$2.27
GF Value