Central General Development Co (TSE:3238) Pretax Margin %: 9.03% (As of Mar. 2026) — 182% Above Median


TSE:3238 Central General Development Co Ltd TSE:3238
48 GF Score
Price 円371.00
GF Value 円581.66
Valuation Possible Value Trap
! 8 Warning Signs
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What is Central General Development Co Pretax Margin %?

Central General Development Co TSE:3238 +1.09% 48 Pretax Margin % is 9.03% as of Mar. 2026, which is 182% above its 10-year median of 3.20. GuruFocus rates TSE:3238 with a GF Score™ of 48/100 and a GF Value™ of 円581.66 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,753 Real Estate companies, Central General Development Co ranks worse than 69.82% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Central General Development Co's Pre-Tax Income for the three months ended in Mar. 2026 was 円1,876 Mil. Central General Development Co's Revenue for the three months ended in Mar. 2026 was 円20,783 Mil. Therefore, Central General Development Co's pretax margin for the quarter that ended in Mar. 2026 was 9.03%.

The historical rank and industry rank for Central General Development Co's Pretax Margin % or its related term are showing as below:

TSE:3238' s Pretax Margin % Range Over the Past 10 Years
Min: 0.78   Med: 3.2   Max: 5.92
Current: 0.79


TSE:3238's Pretax Margin % is ranked worse than
69.82% of 1753 companies
in the Real Estate industry
Industry Median: 12.28 vs TSE:3238: 0.79

Central General Development Co  (TSE:3238) 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.


Central General Development Co Pretax Margin % Related Terms


Central General Development Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Central General Development Co'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.

Central General Development Co Pretax Margin % Chart

Central General Development Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 4.15 4.25 2.48 0.78

Central General Development Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 -9.19 -12.90 -5.15 9.03

TSE:3238 vs CBRE, BEKE, JLL: Pretax Margin % Comparison

For the Real Estate Services subindustry, Central General Development Co'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.


Central General Development Co Pretax Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Central General Development Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Central General Development Co's Pretax Margin % falls into.


TSE:3238
48GF Score
Central General Development Co Ltd TSE:3238
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Central General Development Co 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.

Central General Development Co's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=301.695/38450.695
=0.78 %

Central General Development Co's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1876.343/20783.174
=9.03 %

* 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 9.03% mean?
Central General Development Co (TSE:3238) has a Pretax Margin % of 9.03% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Central General Development Co and its competitors. This is 182% above median its historical median of 3.20. Over the past decade, Central General Development Co's Pretax Margin % has ranged from 0.78 to 5.92. According to the industry distribution chart, Central General Development Co ranks #1224 out of 1753 companies in the Real Estate industry, placing it in the top 69.8%.
Is Central General Development Co's Pretax Margin % too high?
Central General Development Co's current Pretax Margin % of 9.03% is 182% above median its 10-year median of 3.20. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 5.92. The Real Estate industry median Pretax Margin % is 12.28. Central General Development Co's value of 9.03% is 26.5% below this industry median. Based on the distribution chart, Central General Development Co ranks #1224 out of 1753 companies in the Real Estate industry, which is below the industry midpoint. Overall, Central General Development Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Central General Development Co's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Central General Development Co ranks #1224 out of 1753 companies for Pretax Margin %. This places Central General Development Co in the lower half of its industry. The industry median Pretax Margin % is 12.28. Central General Development Co's value of 9.03% is 26.5% below this benchmark. Historically, Central General Development Co's own Pretax Margin % has ranged from 0.78 to 5.92 over the past decade. While the company's 10-year median is 3.20 vs. the industry median of 12.28, Central General Development Co 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 12.28, based on 1,753 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. Central General Development Co's current Pretax Margin % of 9.03% is 26.5% 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 Central General Development Co and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central General Development Co's current Pretax Margin % is 9.03%, which is 182% above median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central General Development Co stock overvalued right now?
Based on GuruFocus' analysis, Central General Development Co (TSE:3238) is currently considered Possible Value Trap. The stock's GF Value™ is 円581.66, compared to a current price of 円371.00 — trading 36.2% below its estimated fair value. The current Pretax Margin % is 9.03%, which is 182% above median its 10-year median of 3.20 and 26.5% below the Real Estate industry median of 12.28. Central General Development Co's overall GF Score™ is 48/100 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 Central General Development Co (TSE:3238), the current Pretax Margin % is 9.03% as of Mar. 2026. 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 Central General Development Co (TSE:3238) Overvalued in 2026?

Based on GuruFocus' analysis, Central General Development Co stock appears to be undervalued. The current stock price of 円371.00 is trading 36.2% below its estimated GF Value™ of 円581.66. GuruFocus considers Central General Development Co to be Possible Value Trap.

Key valuation signals for TSE:3238:

  • Pretax Margin %: 9.03% (182% above median its 10-year median of 3.20)
  • GF Value™: 円581.66 vs. price of 円371.00 (36.2% below fair value)
  • GF Score™: 48/100 with 8 warning signs
  • Industry Position: 26.5% below the Real Estate median (#1224 of 1753)

No single metric tells the full story. See the TSE:3238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central General Development Co Business Description

Address 3-3-7 Iidabashi, Chiyoda-ku, Tokyo, JPN
Central General Development Co Ltd is engaged in the real estate business in Japan. The company is involved in the management and operation of real estate-related businesses in Japan. It sells condominiums and provides after-sale services, such as inspection and repairs and leases buildings.
48GF Score

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

円371.00
Price
円581.66
GF Value