MIRARTH Real Estate Investment (TSE:3492) Pretax Margin %: 47.15% (As of Feb. 2026) — Near Median

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TSE:3492 MIRARTH Real Estate Investment Corp TSE:3492
51 GF Score
Price 円82,800.00
GF Value 円103,806.55
Valuation Modestly Undervalued
! 5 Warning Signs
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What is MIRARTH Real Estate Investment Pretax Margin %?

MIRARTH Real Estate Investment TSE:3492 -0.24% 51 Pretax Margin % is 47.15% as of Feb. 2026, which is 5% below its 10-year median of 49.48. GuruFocus rates TSE:3492 with a GF Score™ of 51/100 and a GF Value™ of 円103,806.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 929 REITs companies, MIRARTH Real Estate Investment ranks better than 51.35% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MIRARTH Real Estate Investment's Pre-Tax Income for the six months ended in Feb. 2026 was 円2,623 Mil. MIRARTH Real Estate Investment's Revenue for the six months ended in Feb. 2026 was 円5,562 Mil. Therefore, MIRARTH Real Estate Investment's pretax margin for the quarter that ended in Feb. 2026 was 47.15%.

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

TSE:3492' s Pretax Margin % Range Over the Past 10 Years
Min: 9.44   Med: 49.48   Max: 55.36
Current: 48.42


TSE:3492's Pretax Margin % is ranked better than
51.35% of 929 companies
in the REITs industry
Industry Median: 46.93 vs TSE:3492: 48.42

MIRARTH Real Estate Investment  (TSE:3492) 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.


MIRARTH Real Estate Investment Pretax Margin % Related Terms


MIRARTH Real Estate Investment Pretax Margin % Historical Data

* Premium members only.

The historical data trend for MIRARTH Real Estate 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.

MIRARTH Real Estate Investment Pretax Margin % Chart

MIRARTH Real Estate Investment Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Pretax Margin %
Get a 7-Day Free Trial 52.60 47.60 48.41 48.60 50.35

MIRARTH Real Estate Investment Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 48.49 48.71 51.05 49.68 47.15

TSE:3492 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, MIRARTH Real Estate 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.


MIRARTH Real Estate Investment Pretax Margin % vs REITs Industry

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

* The bar in red indicates where MIRARTH Real Estate Investment's Pretax Margin % falls into.


TSE:3492
51GF Score
MIRARTH Real Estate Investment Corp TSE:3492
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MIRARTH Real Estate 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.

MIRARTH Real Estate Investment's Pretax Margin for the fiscal year that ended in Aug. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=5503.221/10930.829
=50.35 %

MIRARTH Real Estate Investment's Pretax Margin for the quarter that ended in Feb. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=2622.755/5562.26
=47.15 %

* 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 47.15% mean?
MIRARTH Real Estate Investment (TSE:3492) has a Pretax Margin % of 47.15% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on MIRARTH Real Estate Investment and its competitors. This is near median its historical median of 49.48. Over the past decade, MIRARTH Real Estate Investment's Pretax Margin % has ranged from 9.44 to 55.36. According to the industry distribution chart, MIRARTH Real Estate Investment ranks #452 out of 929 companies in the REITs industry, placing it in the top 48.7%.
Is MIRARTH Real Estate Investment's Pretax Margin % too high?
MIRARTH Real Estate Investment's current Pretax Margin % of 47.15% is near median its 10-year median of 49.48. Over the past 10 years, this metric has ranged from a low of 9.44 to a high of 55.36. The REITs industry median Pretax Margin % is 46.93. MIRARTH Real Estate Investment's value of 47.15% is 0.5% above this industry median. Based on the distribution chart, MIRARTH Real Estate Investment ranks #452 out of 929 companies in the REITs industry, which is above the industry midpoint. Overall, MIRARTH Real Estate Investment has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MIRARTH Real Estate Investment's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, MIRARTH Real Estate Investment ranks #452 out of 929 companies for Pretax Margin %. This puts MIRARTH Real Estate Investment in the upper half of its industry. The industry median Pretax Margin % is 46.93. MIRARTH Real Estate Investment's value of 47.15% is 0.5% above this benchmark. Historically, MIRARTH Real Estate Investment's own Pretax Margin % has ranged from 9.44 to 55.36 over the past decade. While the company's 10-year median is 49.48 vs. the industry median of 46.93, MIRARTH Real Estate Investment 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 46.93, 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. MIRARTH Real Estate Investment's current Pretax Margin % of 47.15% is 0.5% 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 MIRARTH Real Estate 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. MIRARTH Real Estate Investment's current Pretax Margin % is 47.15%, which is near median its own 10-year median of 49.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRARTH Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, MIRARTH Real Estate Investment (TSE:3492) is currently considered Modestly Undervalued. The stock's GF Value™ is 円103,806.55, compared to a current price of 円82,800.00 — trading 20.2% below its estimated fair value. The current Pretax Margin % is 47.15%, which is near median its 10-year median of 49.48 and 0.5% above the REITs industry median of 46.93. MIRARTH Real Estate Investment's overall GF Score™ is 51/100 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 MIRARTH Real Estate Investment (TSE:3492), the current Pretax Margin % is 47.15% as of Feb. 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 MIRARTH Real Estate Investment (TSE:3492) Overvalued in 2026?

Based on GuruFocus' analysis, MIRARTH Real Estate Investment stock appears to be undervalued. The current stock price of 円82,800.00 is trading 20.2% below its estimated GF Value™ of 円103,806.55. GuruFocus considers MIRARTH Real Estate Investment to be Modestly Undervalued.

Key valuation signals for TSE:3492:

  • Pretax Margin %: 47.15% (near median its 10-year median of 49.48)
  • GF Value™: 円103,806.55 vs. price of 円82,800.00 (20.2% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 0.5% above the REITs median (#452 of 929)

No single metric tells the full story. See the TSE:3492 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MIRARTH Real Estate Investment Business Description

Industry Real EstateREITs
Address 2-2-1 Otemachi, Shin-Otemachi Building, 3rd Floor, Chiyoda-ku, Tokyo, JPN, 107-0052
MIRARTH Real Estate Investment Corp is a J-REIT that invests in residential properties, as well as office buildings, retail facilities, hotels, and other properties. It aims to build a diverse, comprehensive portfolio consisting of residential, office, hotel, commercial, and other properties by maximizing the strengths of each sponsor company through property development, property revitalization, and flexible property acquisition in the external real estate market.
51GF Score

Get the complete analysis for TSE:3492

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

円82,800.00
Price
円103,806.55
GF Value