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FairPlay Properties REITXBUL:FPP 72 Pretax Margin % is 33.81% as of Mar. 2026, which is 325% above its 10-year median of 7.96. GuruFocus rates XBUL:FPP with a GF Score™ of 72/100 and a GF Value™ of €4.45 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 924 REITs companies, FairPlay Properties REIT ranks worse than 59.74% on this metric.
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.
FairPlay Properties REIT Pretax Margin % Related Terms
FairPlay Properties REIT Pretax Margin % Historical Data
* 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.
For the REIT - Diversified subindustry, FairPlay Properties 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.
FairPlay Properties REIT Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, FairPlay Properties REIT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where FairPlay Properties REIT's Pretax Margin % falls into.
* 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.
FairPlay Properties REIT (XBUL:FPP) has a Pretax Margin % of 33.81% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on FairPlay Properties REIT and its competitors. This is 325% above median its historical median of 7.96. According to the industry distribution chart, FairPlay Properties REIT ranks #552 out of 924 companies in the REITs industry, placing it in the top 59.7%.
Is FairPlay Properties REIT's Pretax Margin % too high?
FairPlay Properties REIT's current Pretax Margin % of 33.81% is 325% above median its 10-year median of 7.96. The REITs industry median Pretax Margin % is 46.68. FairPlay Properties REIT's value of 33.81% is 27.6% below this industry median. Based on the distribution chart, FairPlay Properties REIT ranks #552 out of 924 companies in the REITs industry, which is below the industry midpoint. Overall, FairPlay Properties REIT has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FairPlay Properties REIT's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, FairPlay Properties REIT ranks #552 out of 924 companies for Pretax Margin %. This places FairPlay Properties REIT in the lower half of its industry. The industry median Pretax Margin % is 46.68. FairPlay Properties REIT's value of 33.81% is 27.6% below this benchmark. While the company's 10-year median is 7.96 vs. the industry median of 46.68, FairPlay Properties REIT 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 46.68, based on 924 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. FairPlay Properties REIT's current Pretax Margin % of 33.81% is 27.6% 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 FairPlay Properties 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. FairPlay Properties REIT's current Pretax Margin % is 33.81%, which is 325% above median its own 10-year median of 7.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FairPlay Properties REIT stock overvalued right now?
Based on GuruFocus' analysis, FairPlay Properties REIT (XBUL:FPP) is currently considered Possible Value Trap. The stock's GF Value™ is €4.45, compared to a current price of €0.59 — trading 86.9% below its estimated fair value. The current Pretax Margin % is 33.81%, which is 325% above median its 10-year median of 7.96 and 27.6% below the REITs industry median of 46.68. FairPlay Properties REIT's overall GF Score™ is 72/100 with 2 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 FairPlay Properties REIT (XBUL:FPP), the current Pretax Margin % is 33.81% 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 FairPlay Properties REIT (XBUL:FPP) Overvalued in 2026?
Based on GuruFocus' analysis, FairPlay Properties REIT stock appears to be undervalued.
The current stock price of €0.59 is trading 86.9% below its estimated GF Value™ of €4.45.
GuruFocus considers FairPlay Properties REIT to be Possible Value Trap.
Key valuation signals for XBUL:FPP:
Pretax Margin %: 33.81% (325% above median its 10-year median of 7.96)
GF Value™: €4.45 vs. price of €0.59 (86.9% below fair value)
Industry Position: 27.6% below the REITs median (#552 of 924)
No single metric tells the full story. See the XBUL:FPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.
72GF Score
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