Swire PropertiesSWPFF -2.99%64 Pretax Margin % is 4.61% as of Dec. 2025, which is 93% below its 10-year median of 65.54. GuruFocus rates SWPFF with a GF Score™ of 64/100 and a GF Value™ of $2.47 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,754 Real Estate companies, Swire Properties ranks worse than 71.61% on this metric.
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.
Swire Properties Pretax Margin % Related Terms
Swire Properties Pretax Margin % Historical Data
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The historical data trend for Swire Properties'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.
SWPFF vs CBRE, BEKE, CSGP: Pretax Margin % Comparison
For the Real Estate Services subindustry, Swire Properties'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.
Swire Properties Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Swire Properties's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Swire Properties'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.
Swire Properties (SWPFF) has a Pretax Margin % of 4.61% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Swire Properties and its competitors. This is 93% below median its historical median of 65.54. According to the industry distribution chart, Swire Properties ranks #1256 out of 1754 companies in the Real Estate industry, placing it in the top 71.6%.
Is Swire Properties' Pretax Margin % too high?
Swire Properties' current Pretax Margin % of 4.61% is 93% below median its 10-year median of 65.54. The Real Estate industry median Pretax Margin % is 12.41. Swire Properties' value of 4.61% is 62.9% below this industry median. Based on the distribution chart, Swire Properties ranks #1256 out of 1754 companies in the Real Estate industry, which is below the industry midpoint. Overall, Swire Properties has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Swire Properties' Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Swire Properties ranks #1256 out of 1754 companies for Pretax Margin %. This places Swire Properties in the lower half of its industry. The industry median Pretax Margin % is 12.41. Swire Properties' value of 4.61% is 62.9% below this benchmark. While the company's 10-year median is 65.54 vs. the industry median of 12.41, Swire Properties 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 12.41, based on 1,754 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. Swire Properties's current Pretax Margin % of 4.61% is 62.9% 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 Swire Properties and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swire Properties's current Pretax Margin % is 4.61%, which is 93% below median its own 10-year median of 65.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swire Properties stock overvalued right now?
Based on GuruFocus' analysis, Swire Properties (SWPFF) is currently considered Fairly Valued. The stock's GF Value™ is $2.47, compared to a current price of $2.60 — trading 5.3% above its estimated fair value. The current Pretax Margin % is 4.61%, which is 93% below median its 10-year median of 65.54 and 62.9% below the Real Estate industry median of 12.41. Swire Properties' overall GF Score™ is 64/100 with 5 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 Swire Properties (SWPFF), the current Pretax Margin % is 4.61% 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 Swire Properties (SWPFF) Overvalued in 2026?
Based on GuruFocus' analysis, Swire Properties stock appears to be overvalued.
The current stock price of $2.60 is trading 5.3% above its estimated GF Value™ of $2.47.
GuruFocus considers Swire Properties to be Fairly Valued.
Key valuation signals for SWPFF:
Pretax Margin %: 4.61% (93% below median its 10-year median of 65.54)
GF Value™: $2.47 vs. price of $2.60 (5.3% above fair value)
Industry Position: 62.9% below the Real Estate median (#1256 of 1754)
No single metric tells the full story. See the SWPFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swire Properties is a Hong Kong-based property investor and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of grade A office contributing over 9 million square feet. The firm also holds investment properties and development projects in China, the United States, and Southeast Asia. Rental income accounts for more than 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 83% stake.
64GF Score
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