WRFRF (Wharf Real Estate Investment Co) Pretax Margin %: -19.43% (As of Dec. 2025)


WRFRF Wharf Real Estate Investment Co Ltd WRFRF
70 GF Score
Price $2.70
GF Value $2.92
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Wharf Real Estate Investment Co Pretax Margin %?

Wharf Real Estate Investment Co WRFRF -6.90% 70 Pretax Margin % is -19.43% as of Dec. 2025. GuruFocus rates WRFRF with a GF Score™ of 70/100 and a GF Value™ of $2.92 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,757 Real Estate companies, Wharf Real Estate Investment Co ranks worse than 80.88% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wharf Real Estate Investment Co's Pre-Tax Income for the six months ended in Dec. 2025 was $-160 Mil. Wharf Real Estate Investment Co's Revenue for the six months ended in Dec. 2025 was $824 Mil. Therefore, Wharf Real Estate Investment Co's pretax margin for the quarter that ended in Dec. 2025 was -19.43%.

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

WRFRF' s Pretax Margin % Range Over the Past 10 Years
Min: -60.8   Med: 37.37   Max: 122.89
Current: -24.13


WRFRF's Pretax Margin % is ranked worse than
80.88% of 1757 companies
in the Real Estate industry
Industry Median: 12.28 vs WRFRF: -24.13

Wharf Real Estate Investment Co  (OTCPK:WRFRF) 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.


Wharf Real Estate Investment Co Pretax Margin % Related Terms


Wharf Real Estate Investment Co Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Wharf Real Estate Investment 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.

Wharf Real Estate Investment Co Pretax Margin % Chart

Wharf Real Estate Investment Co 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 37.64 -60.80 43.45 15.90 -24.13

Wharf Real Estate Investment Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 49.39 -7.08 39.20 -28.83 -19.43

WRFRF vs CBRE, BEKE, JLL: Pretax Margin % Comparison

For the Real Estate Services subindustry, Wharf Real Estate Investment 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.


Wharf Real Estate Investment Co Pretax Margin % vs Real Estate Industry

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

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


WRFRF
70GF Score
Wharf Real Estate Investment Co Ltd WRFRF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wharf Real Estate Investment 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.

Wharf Real Estate Investment Co'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 )
=-397.388/1647.003
=-24.13 %

Wharf Real Estate Investment Co's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-160.009/823.566
=-19.43 %

* 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 -19.43% mean?
Wharf Real Estate Investment Co (WRFRF) has a Pretax Margin % of -19.43% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Wharf Real Estate Investment Co and its competitors. According to the industry distribution chart, Wharf Real Estate Investment Co ranks #1421 out of 1757 companies in the Real Estate industry, placing it in the top 80.9%.
Is Wharf Real Estate Investment Co's Pretax Margin % too high?
Wharf Real Estate Investment Co's current Pretax Margin % is -19.43%. Based on the distribution chart, Wharf Real Estate Investment Co ranks #1421 out of 1757 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Wharf Real Estate Investment Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wharf Real Estate Investment Co's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Wharf Real Estate Investment Co ranks #1421 out of 1757 companies for Pretax Margin %. This places Wharf Real Estate Investment Co in the lower half of its industry. The industry median Pretax Margin % is 12.28. 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 1,757 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 Wharf Real Estate Investment 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. Wharf Real Estate Investment Co's current Pretax Margin % is -19.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wharf Real Estate Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Wharf Real Estate Investment Co (WRFRF) is currently considered Fairly Valued. The stock's GF Value™ is $2.92, compared to a current price of $2.70 — trading 7.5% below its estimated fair value. The current Pretax Margin % is -19.43%. Wharf Real Estate Investment Co's overall GF Score™ is 70/100 with 3 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 Wharf Real Estate Investment Co (WRFRF), the current Pretax Margin % is -19.43% 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 Wharf Real Estate Investment Co (WRFRF) Overvalued in 2026?

Based on GuruFocus' analysis, Wharf Real Estate Investment Co stock appears to be undervalued. The current stock price of $2.70 is trading 7.5% below its estimated GF Value™ of $2.92. GuruFocus considers Wharf Real Estate Investment Co to be Fairly Valued.

Key valuation signals for WRFRF:

  • Pretax Margin %: -19.43%
  • GF Value™: $2.92 vs. price of $2.70 (7.5% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Wharf Real Estate Investment Co Business Description

Other Exchanges 01997:Hong Kong4WF:Germany
Address Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG
Wharf spun off Wharf Real Estate Investment Co. in November 2017. It is a leading property investor with a focus on prime retail assets in Hong Kong. Rental income from flagship assets Harbour City and Times Square accounts for over 85% of revenue. The balance comes from Plaza Hollywood, The Murray, and Marco Polo hotels, and two offices in the central business district. The group also holds two malls in Singapore and a mixed development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city center and waterfront locations. The Harbour City site had been wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 49% stake in the group.
70GF Score

Get the complete analysis for WRFRF

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

$2.70
Price
$2.92
GF Value