StocklandSTKAF -3.17%79 Pretax Margin % is 22.68% as of Dec. 2025, which is 28% below its 10-year median of 31.60. GuruFocus rates STKAF with a GF Score™ of 79/100 and a GF Value™ of $3.89 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 927 REITs companies, Stockland ranks worse than 67.42% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Stockland's Pre-Tax Income for the
six
months ended in Dec. 2025 was $188 Mil. Stockland's Revenue for the
six
months ended in Dec. 2025 was $829 Mil. Therefore, Stockland's pretax margin for the quarter that ended in Dec. 2025 was 22.68%.
The historical rank and industry rank for Stockland's Pretax Margin % or its related term are showing as below:
STKAF'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.18 Med: 31.6 Max: 52.92
Current: 27.93
STKAF's Pretax Margin % is ranked worse than 67.42% of 927
companies
in the REITs industry
Industry Median: 46.93
vs STKAF: 27.93
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.
Stockland Pretax Margin % Related Terms
Stockland Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Stockland'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.
STKAF vs VICI, WPC, BNL: Pretax Margin % Comparison
For the REIT - Diversified subindustry, Stockland'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.
Stockland Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Stockland's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Stockland'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.
Stockland (STKAF) has a Pretax Margin % of 22.68% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Stockland and its competitors. This is 28% below median its historical median of 31.60. Over the past decade, Stockland's Pretax Margin % has ranged from 1.18 to 52.92. According to the industry distribution chart, Stockland ranks #625 out of 927 companies in the REITs industry, placing it in the top 67.4%.
Is Stockland's Pretax Margin % too high?
Stockland's current Pretax Margin % of 22.68% is 28% below median its 10-year median of 31.60. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 52.92. The REITs industry median Pretax Margin % is 46.93. Stockland's value of 22.68% is 51.7% below this industry median. Based on the distribution chart, Stockland ranks #625 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Stockland has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stockland's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Stockland ranks #625 out of 927 companies for Pretax Margin %. This places Stockland in the lower half of its industry. The industry median Pretax Margin % is 46.93. Stockland's value of 22.68% is 51.7% below this benchmark. Historically, Stockland's own Pretax Margin % has ranged from 1.18 to 52.92 over the past decade. While the company's 10-year median is 31.60 vs. the industry median of 46.93, Stockland 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 REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 927 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. Stockland's current Pretax Margin % of 22.68% is 51.7% 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 Stockland and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stockland's current Pretax Margin % is 22.68%, which is 28% below median its own 10-year median of 31.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stockland stock overvalued right now?
Based on GuruFocus' analysis, Stockland (STKAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.89, compared to a current price of $2.91 — trading 25.3% below its estimated fair value. The current Pretax Margin % is 22.68%, which is 28% below median its 10-year median of 31.60 and 51.7% below the REITs industry median of 46.93. Stockland's overall GF Score™ is 79/100 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 Stockland (STKAF), the current Pretax Margin % is 22.68% 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 Stockland (STKAF) Overvalued in 2026?
Based on GuruFocus' analysis, Stockland stock appears to be undervalued.
The current stock price of $2.91 is trading 25.3% below its estimated GF Value™ of $3.89.
GuruFocus considers Stockland to be Modestly Undervalued.
Key valuation signals for STKAF:
Pretax Margin %: 22.68% (28% below median its 10-year median of 31.60)
GF Value™: $3.89 vs. price of $2.91 (25.3% below fair value)
Industry Position: 51.7% below the REITs median (#625 of 927)
No single metric tells the full story. See the STKAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stockland is one of Australia's largest residential property developers, specializing in master-planned communities. Earnings from residential and commercial development are lumpy and averaged about 40% of the group's funds from operations over the past five years. Revenue from master-planned communities makes up the majority of development income. While land lease assets contribute only a fraction of the total development revenue, the sector is growing. The investment management business, around two thirds of the group's earnings, generates rental income and investment management fees from a portfolio of retail, logistics, office, and land lease assets. The portfolio mix is evolving, with less retail, and increasing exposure to logistics and office in recent years.
79GF Score
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