Star Asia Investment (TSE:3468) Pretax Margin %: 46.30% (As of Jan. 2026) — Near Median


TSE:3468 Star Asia Investment Corp TSE:3468
50 GF Score
Price 円55,600.00
GF Value 円62,732.20
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Star Asia Investment Pretax Margin %?

Star Asia Investment TSE:3468 -0.18% 50 Pretax Margin % is 46.30% as of Jan. 2026, which is 8% below its 10-year median of 50.25. GuruFocus rates TSE:3468 with a GF Score™ of 50/100 and a GF Value™ of 円62,732.20 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 929 REITs companies, Star Asia Investment ranks better than 50.27% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Star Asia Investment's Pre-Tax Income for the six months ended in Jan. 2026 was 円4,754 Mil. Star Asia Investment's Revenue for the six months ended in Jan. 2026 was 円10,269 Mil. Therefore, Star Asia Investment's pretax margin for the quarter that ended in Jan. 2026 was 46.30%.

The historical rank and industry rank for Star Asia Investment's Pretax Margin % or its related term are showing as below:

TSE:3468' s Pretax Margin % Range Over the Past 10 Years
Min: 42.14   Med: 50.25   Max: 116.16
Current: 47.34


TSE:3468's Pretax Margin % is ranked better than
50.27% of 929 companies
in the REITs industry
Industry Median: 46.93 vs TSE:3468: 47.34

Star Asia Investment  (TSE:3468) 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.


Star Asia Investment Pretax Margin % Related Terms


Star Asia Investment Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Star Asia Investment'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.

Star Asia Investment Pretax Margin % Chart

Star Asia Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.16 42.14 43.60 44.77 47.55

Star Asia Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 44.30 45.23 46.68 48.40 46.30

TSE:3468 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Star Asia Investment'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.


Star Asia Investment Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Star Asia Investment's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Star Asia Investment's Pretax Margin % falls into.


TSE:3468
50GF Score
Star Asia Investment Corp TSE:3468
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Asia Investment 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.

Star Asia Investment's Pretax Margin for the fiscal year that ended in Jul. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2025 )/Revenue (A: Jul. 2025 )
=9357.539/19678.434
=47.55 %

Star Asia Investment's Pretax Margin for the quarter that ended in Jan. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=4754.253/10269.4
=46.30 %

* 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 46.30% mean?
Star Asia Investment (TSE:3468) has a Pretax Margin % of 46.30% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Star Asia Investment and its competitors. This is near median its historical median of 50.25. Over the past decade, Star Asia Investment's Pretax Margin % has ranged from 42.14 to 116.16. According to the industry distribution chart, Star Asia Investment ranks #462 out of 929 companies in the REITs industry, placing it in the top 49.7%.
Is Star Asia Investment's Pretax Margin % too high?
Star Asia Investment's current Pretax Margin % of 46.30% is near median its 10-year median of 50.25. Over the past 10 years, this metric has ranged from a low of 42.14 to a high of 116.16. The REITs industry median Pretax Margin % is 46.93. Star Asia Investment's value of 46.30% is 1.3% below this industry median. Based on the distribution chart, Star Asia Investment ranks #462 out of 929 companies in the REITs industry, which is above the industry midpoint. Overall, Star Asia Investment has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Asia Investment's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Star Asia Investment ranks #462 out of 929 companies for Pretax Margin %. This puts Star Asia Investment in the upper half of its industry. The industry median Pretax Margin % is 46.93. Star Asia Investment's value of 46.30% is 1.3% below this benchmark. Historically, Star Asia Investment's own Pretax Margin % has ranged from 42.14 to 116.16 over the past decade. While the company's 10-year median is 50.25 vs. the industry median of 46.93, Star Asia Investment 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 929 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. Star Asia Investment's current Pretax Margin % of 46.30% is 1.3% 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 Star Asia Investment 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. Star Asia Investment's current Pretax Margin % is 46.30%, which is near median its own 10-year median of 50.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Asia Investment stock overvalued right now?
Based on GuruFocus' analysis, Star Asia Investment (TSE:3468) is currently considered Modestly Undervalued. The stock's GF Value™ is 円62,732.20, compared to a current price of 円55,600.00 — trading 11.4% below its estimated fair value. The current Pretax Margin % is 46.30%, which is near median its 10-year median of 50.25 and 1.3% below the REITs industry median of 46.93. Star Asia Investment's overall GF Score™ is 50/100 with 4 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 Star Asia Investment (TSE:3468), the current Pretax Margin % is 46.30% as of Jan. 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 Star Asia Investment (TSE:3468) Overvalued in 2026?

Based on GuruFocus' analysis, Star Asia Investment stock appears to be undervalued. The current stock price of 円55,600.00 is trading 11.4% below its estimated GF Value™ of 円62,732.20. GuruFocus considers Star Asia Investment to be Modestly Undervalued.

Key valuation signals for TSE:3468:

  • Pretax Margin %: 46.30% (near median its 10-year median of 50.25)
  • GF Value™: 円62,732.20 vs. price of 円55,600.00 (11.4% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 1.3% below the REITs median (#462 of 929)

No single metric tells the full story. See the TSE:3468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Star Asia Investment Business Description

Industry Real EstateREITs
Address 2-5-1, Atago, 18th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-0002
Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.
50GF Score

Get the complete analysis for TSE:3468

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

円55,600.00
Price
円62,732.20
GF Value