Intercapital Property Development REIT (WAR:ICD) Pretax Margin %: % (As of Mar. 2026)


WAR:ICD Intercapital Property Development REIT WAR:ICD
28 GF Score
Price zł0.93
GF Value zł0.58
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Intercapital Property Development REIT Pretax Margin %?

Intercapital Property Development REIT WAR:ICD 28 Pretax Margin % is % as of Mar. 2026. GuruFocus rates WAR:ICD with a GF Score™ of 28/100 and a GF Value™ of zł0.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 928 REITs companies, Intercapital Property Development REIT ranks better than 94.18% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Intercapital Property Development REIT's Pre-Tax Income for the three months ended in Mar. 2026 was zł-0.26 Mil. Intercapital Property Development REIT's Revenue for the three months ended in Mar. 2026 was zł0.00 Mil. Therefore, Intercapital Property Development REIT's pretax margin for the quarter that ended in Mar. 2026 was %.

The historical rank and industry rank for Intercapital Property Development REIT's Pretax Margin % or its related term are showing as below:

WAR:ICD' s Pretax Margin % Range Over the Past 10 Years
Min: -118.1   Med: 24.36   Max: 235.35
Current: 155


WAR:ICD's Pretax Margin % is ranked better than
94.18% of 928 companies
in the REITs industry
Industry Median: 46.675 vs WAR:ICD: 155.00

Intercapital Property Development REIT  (WAR:ICD) 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.


Intercapital Property Development REIT Pretax Margin % Related Terms


Intercapital Property Development REIT Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Intercapital Property Development REIT'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.

Intercapital Property Development REIT Pretax Margin % Chart

Intercapital Property Development REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.02 54.07 6.27 235.27 180.29

Intercapital Property Development REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 -615.43 -68.63 -53,328.57 0.00

WAR:ICD vs VICI, WPC, BNL: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Intercapital Property Development REIT'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.


Intercapital Property Development REIT Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Intercapital Property Development REIT's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Intercapital Property Development REIT's Pretax Margin % falls into.


WAR:ICD
28GF Score
Intercapital Property Development REIT WAR:ICD
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intercapital Property Development REIT 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.

Intercapital Property Development REIT's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1.262/0.7
=180.29 %

Intercapital Property Development REIT'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 )
=-0.259/0
= %

* 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 % mean?
Intercapital Property Development REIT (WAR:ICD) has a Pretax Margin % of % as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Intercapital Property Development REIT and its competitors. According to the industry distribution chart, Intercapital Property Development REIT ranks #54 out of 928 companies in the REITs industry, placing it in the top 5.8%.
Is Intercapital Property Development REIT's Pretax Margin % too high?
Intercapital Property Development REIT's current Pretax Margin % is %. Based on the distribution chart, Intercapital Property Development REIT ranks #54 out of 928 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Intercapital Property Development REIT has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Intercapital Property Development REIT's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Intercapital Property Development REIT ranks #54 out of 928 companies for Pretax Margin %. This places Intercapital Property Development REIT in the top 6% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.68. 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 46.68, based on 928 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. 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 Intercapital Property Development REIT and its competitors. For the REITs industry, the median Pretax Margin % is 46.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercapital Property Development REIT's current Pretax Margin % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercapital Property Development REIT stock overvalued right now?
Based on GuruFocus' analysis, Intercapital Property Development REIT (WAR:ICD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.58, compared to a current price of zł0.93 — trading 59.5% above its estimated fair value. The current Pretax Margin % is %. Intercapital Property Development REIT's overall GF Score™ is 28/100 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 Intercapital Property Development REIT (WAR:ICD), the current Pretax Margin % is % 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 Intercapital Property Development REIT (WAR:ICD) Overvalued in 2026?

Based on GuruFocus' analysis, Intercapital Property Development REIT stock appears to be overvalued. The current stock price of zł0.93 is trading 59.5% above its estimated GF Value™ of zł0.58. GuruFocus considers Intercapital Property Development REIT to be Significantly Overvalued.

Key valuation signals for WAR:ICD:

  • Pretax Margin %: %
  • GF Value™: zł0.58 vs. price of zł0.93 (59.5% above fair value)
  • GF Score™: 28/100 with 5 warning signs

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


Intercapital Property Development REIT Business Description

Industry Real EstateREITs
Other Exchanges ICPD:Bulgaria
Address 6 Dobrudzha Street, 1st Floor, Sofia, BGR, 1000
Intercapital Property Development REIT is an investment company for real estate securitization. The company functions as a collective investment scheme for real estate investments, and its investment projects include Marina Cape and Grand Borovetz. Its operations are conducted throughout Bulgaria.
28GF Score

Get the complete analysis for WAR:ICD

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

zł0.93
Price
zł0.58
GF Value