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.
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.
MIRAISTU:837 56 Pretax Margin % is 41.40% as of Oct. 2025, which is 1% below its 10-year median of 41.81. GuruFocus rates STU:837 with a GF Score™ of 56/100 and a GF Value™ of €284.87. The stock has 7 warning signs investors should review. Among 922 REITs companies, MIRAI ranks worse than 62.15% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MIRAI's Pre-Tax Income for the
six
months ended in Oct. 2025 was €14.05 Mil. MIRAI's Revenue for the
six
months ended in Oct. 2025 was €33.93 Mil. Therefore, MIRAI's pretax margin for the quarter that ended in Oct. 2025 was 41.40%.
The historical rank and industry rank for MIRAI's Pretax Margin % or its related term are showing as below:
STU:837'
s Pretax Margin % Range Over the Past 10 Years
Min: 35.07 Med: 41.81 Max: 46.08
Current: 35.07
STU:837's Pretax Margin % is ranked worse than 62.15% of 922
companies
in the REITs industry
Industry Median: 47.335
vs STU:837: 35.07
MIRAI (STU:837) 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.
MIRAI Pretax Margin % Related Terms
MIRAI Pretax Margin % Historical Data
* Premium members only.
The historical data trend for MIRAI'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.
For the REIT - Diversified subindustry, MIRAI'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.
MIRAI Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, MIRAI's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where MIRAI'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.
MIRAI (STU:837) has a Pretax Margin % of 41.40% as of Oct. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on MIRAI and its competitors. This is near median its historical median of 41.81. Over the past decade, MIRAI's Pretax Margin % has ranged from 35.07 to 46.08. According to the industry distribution chart, MIRAI ranks #573 out of 922 companies in the REITs industry, placing it in the top 62.1%.
Is MIRAI's Pretax Margin % too high?
MIRAI's current Pretax Margin % of 41.40% is near median its 10-year median of 41.81. Over the past 10 years, this metric has ranged from a low of 35.07 to a high of 46.08. The REITs industry median Pretax Margin % is 47.34. MIRAI's value of 41.40% is 12.5% below this industry median. Based on the distribution chart, MIRAI ranks #573 out of 922 companies in the REITs industry, which is below the industry midpoint. Overall, MIRAI has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does MIRAI's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, MIRAI ranks #573 out of 922 companies for Pretax Margin %. This places MIRAI in the lower half of its industry. The industry median Pretax Margin % is 47.34. MIRAI's value of 41.40% is 12.5% below this benchmark. Historically, MIRAI's own Pretax Margin % has ranged from 35.07 to 46.08 over the past decade. While the company's 10-year median is 41.81 vs. the industry median of 47.34, MIRAI 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 47.34, based on 922 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. MIRAI's current Pretax Margin % of 41.40% is 12.5% 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 MIRAI 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. MIRAI's current Pretax Margin % is 41.40%, which is near median its own 10-year median of 41.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRAI stock overvalued right now?
MIRAI (STU:837) has a current Pretax Margin % of 41.40%. The stock's GF Value™ is €284.87, compared to a current price of €220.00 — trading 22.8% below its estimated fair value. The current Pretax Margin % is 41.40%, which is near median its 10-year median of 41.81 and 12.5% below the REITs industry median of 47.34. MIRAI's overall GF Score™ is 56/100 with 7 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 MIRAI (STU:837), the current Pretax Margin % is 41.40% as of Oct. 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 MIRAI (STU:837) Overvalued in 2026?
Based on GuruFocus' analysis, MIRAI stock appears to be undervalued.
The current stock price of €220.00 is trading 22.8% below its estimated GF Value™ of €284.87.
Key valuation signals for STU:837:
Pretax Margin %: 41.40% (near median its 10-year median of 41.81)
GF Value™: €284.87 vs. price of €220.00 (22.8% below fair value)
Industry Position: 12.5% below the REITs median (#573 of 922)
No single metric tells the full story. See the STU:837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MIRAI Corp is a Japanese real estate investment trust. The company invests in a diversified portfolio of real estate properties, including office buildings, retail properties, and hotels.
56GF Score
Get the complete analysis for STU:837
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
STU:837 has been successfully added to your 
