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.
Warehouses Estates Belgium Pretax Margin % Related Terms
Warehouses Estates Belgium Pretax Margin % Historical Data
* 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.
STU:WPK vs VICI, WPC, BNL: Pretax Margin % Comparison
For the REIT - Diversified subindustry, Warehouses Estates Belgium'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.
Warehouses Estates Belgium Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Warehouses Estates Belgium's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Warehouses Estates Belgium'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.
Warehouses Estates Belgium (STU:WPK) has a Pretax Margin % of 68.08% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Warehouses Estates Belgium and its competitors. This is 32% above median its historical median of 51.65. Over the past decade, Warehouses Estates Belgium's Pretax Margin % has ranged from 33.23 to 106.72. According to the industry distribution chart, Warehouses Estates Belgium ranks #433 out of 927 companies in the REITs industry, placing it in the top 46.7%.
Is Warehouses Estates Belgium's Pretax Margin % too high?
Warehouses Estates Belgium's current Pretax Margin % of 68.08% is 32% above median its 10-year median of 51.65. Over the past 10 years, this metric has ranged from a low of 33.23 to a high of 106.72. The REITs industry median Pretax Margin % is 46.70. Warehouses Estates Belgium's value of 68.08% is 45.8% above this industry median. Based on the distribution chart, Warehouses Estates Belgium ranks #433 out of 927 companies in the REITs industry, which is above the industry midpoint. Overall, Warehouses Estates Belgium has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Warehouses Estates Belgium's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Warehouses Estates Belgium ranks #433 out of 927 companies for Pretax Margin %. This puts Warehouses Estates Belgium in the upper half of its industry. The industry median Pretax Margin % is 46.70. Warehouses Estates Belgium's value of 68.08% is 45.8% above this benchmark. Historically, Warehouses Estates Belgium's own Pretax Margin % has ranged from 33.23 to 106.72 over the past decade. While the company's 10-year median is 51.65 vs. the industry median of 46.70, Warehouses Estates Belgium 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 46.70, 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. Warehouses Estates Belgium's current Pretax Margin % of 68.08% is 45.8% 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 Warehouses Estates Belgium and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warehouses Estates Belgium's current Pretax Margin % is 68.08%, which is 32% above median its own 10-year median of 51.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouses Estates Belgium stock overvalued right now?
Warehouses Estates Belgium (STU:WPK) has a current Pretax Margin % of 68.08%. The stock's GF Value™ is €35.23, compared to a current price of €39.60 — trading 12.4% above its estimated fair value. The current Pretax Margin % is 68.08%, which is 32% above median its 10-year median of 51.65 and 45.8% above the REITs industry median of 46.70. Warehouses Estates Belgium's overall GF Score™ is 72/100 with 8 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 Warehouses Estates Belgium (STU:WPK), the current Pretax Margin % is 68.08% 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 Warehouses Estates Belgium (STU:WPK) Overvalued in 2026?
Based on GuruFocus' analysis, Warehouses Estates Belgium stock appears to be overvalued.
The current stock price of €39.60 is trading 12.4% above its estimated GF Value™ of €35.23.
Key valuation signals for STU:WPK:
Pretax Margin %: 68.08% (32% above median its 10-year median of 51.65)
GF Value™: €35.23 vs. price of €39.60 (12.4% above fair value)
Industry Position: 45.8% above the REITs median (#433 of 927)
No single metric tells the full story. See the STU:WPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.
72GF Score
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