Renta 4 BancoXMAD:R4 76 Pretax Margin % is 36.48% as of Mar. 2026, which is 33% above its 10-year median of 27.50. GuruFocus rates XMAD:R4 with a GF Score™ of 76/100 and a GF Value™ of €16.98 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,576 Asset Management companies, Renta 4 Banco ranks worse than 69.23% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Renta 4 Banco's Pre-Tax Income for the
three
months ended in Mar. 2026 was €17.8 Mil. Renta 4 Banco's Revenue for the
three
months ended in Mar. 2026 was €48.8 Mil. Therefore, Renta 4 Banco's pretax margin for the quarter that ended in Mar. 2026 was 36.48%.
The historical rank and industry rank for Renta 4 Banco's Pretax Margin % or its related term are showing as below:
XMAD:R4'
s Pretax Margin % Range Over the Past 10 Years
Min: 24.37 Med: 27.5 Max: 35.01
Current: 35.01
XMAD:R4's Pretax Margin % is ranked worse than 69.23% of 1576
companies
in the Asset Management industry
Industry Median: 89.475
vs XMAD:R4: 35.01
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.
Renta 4 Banco Pretax Margin % Related Terms
Renta 4 Banco Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Renta 4 Banco'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.
XMAD:R4 vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Renta 4 Banco'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.
Renta 4 Banco Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Renta 4 Banco's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Renta 4 Banco'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.
Renta 4 Banco (XMAD:R4) has a Pretax Margin % of 36.48% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Renta 4 Banco and its competitors. This is 33% above median its historical median of 27.50. Over the past decade, Renta 4 Banco's Pretax Margin % has ranged from 24.37 to 35.01. According to the industry distribution chart, Renta 4 Banco ranks #1091 out of 1576 companies in the Asset Management industry, placing it in the top 69.2%.
Is Renta 4 Banco's Pretax Margin % too high?
Renta 4 Banco's current Pretax Margin % of 36.48% is 33% above median its 10-year median of 27.50. Over the past 10 years, this metric has ranged from a low of 24.37 to a high of 35.01. The Asset Management industry median Pretax Margin % is 89.48. Renta 4 Banco's value of 36.48% is 59.2% below this industry median. Based on the distribution chart, Renta 4 Banco ranks #1091 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. Overall, Renta 4 Banco has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renta 4 Banco's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Renta 4 Banco ranks #1091 out of 1576 companies for Pretax Margin %. This places Renta 4 Banco in the lower half of its industry. The industry median Pretax Margin % is 89.48. Renta 4 Banco's value of 36.48% is 59.2% below this benchmark. Historically, Renta 4 Banco's own Pretax Margin % has ranged from 24.37 to 35.01 over the past decade. While the company's 10-year median is 27.50 vs. the industry median of 89.48, Renta 4 Banco 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,576 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. Renta 4 Banco's current Pretax Margin % of 36.48% is 59.2% 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 Renta 4 Banco and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renta 4 Banco's current Pretax Margin % is 36.48%, which is 33% above median its own 10-year median of 27.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renta 4 Banco stock overvalued right now?
Based on GuruFocus' analysis, Renta 4 Banco (XMAD:R4) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.98, compared to a current price of €19.10 — trading 12.5% above its estimated fair value. The current Pretax Margin % is 36.48%, which is 33% above median its 10-year median of 27.50 and 59.2% below the Asset Management industry median of 89.48. Renta 4 Banco's overall GF Score™ is 76/100 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 Renta 4 Banco (XMAD:R4), the current Pretax Margin % is 36.48% 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 Renta 4 Banco (XMAD:R4) Overvalued in 2026?
Based on GuruFocus' analysis, Renta 4 Banco stock appears to be overvalued.
The current stock price of €19.10 is trading 12.5% above its estimated GF Value™ of €16.98.
GuruFocus considers Renta 4 Banco to be Modestly Overvalued.
Key valuation signals for XMAD:R4:
Pretax Margin %: 36.48% (33% above median its 10-year median of 27.50)
GF Value™: €16.98 vs. price of €19.10 (12.5% above fair value)
Industry Position: 59.2% below the Asset Management median (#1091 of 1576)
No single metric tells the full story. See the XMAD:R4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renta 4 Banco SA is an asset management company providing wealth management, brokerage services, and corporate advisory services. It operates through a network of branches, agents, and subsidiaries spread widely across Spain and offers services to individuals and financial intermediaries, and small and medium-sized enterprises. Its activities include the provision of investment services, and the acquisition, holding, exploitation, administration, and disposal of all manner of transferable securities. It has three businesses as a reportable segment Intermediation, Portfolio, and asset management and advice, and Corporate Services.
76GF Score
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