Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AltareitXPAR:AREIT 13 Pretax Margin % is -7.30% as of Dec. 2025. GuruFocus rates XPAR:AREIT with a GF Score™ of 13/100 and a GF Value™ of €340.05 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,756 Real Estate companies, Altareit ranks worse than 73.69% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Altareit's Pre-Tax Income for the
six
months ended in Dec. 2025 was €-75 Mil. Altareit's Revenue for the
six
months ended in Dec. 2025 was €1,025 Mil. Therefore, Altareit's pretax margin for the quarter that ended in Dec. 2025 was -7.30%.
The historical rank and industry rank for Altareit's Pretax Margin % or its related term are showing as below:
XPAR:AREIT'
s Pretax Margin % Range Over the Past 10 Years
Min: -18.02 Med: 4.44 Max: 15.2
Current: -4.37
XPAR:AREIT's Pretax Margin % is ranked worse than 73.69% of 1756
companies
in the Real Estate industry
Industry Median: 12.535
vs XPAR:AREIT: -4.37
Altareit (XPAR:AREIT) 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.
Altareit Pretax Margin % Related Terms
Altareit Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Altareit'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.
For the Real Estate - Development subindustry, Altareit'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.
Altareit Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Altareit's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Altareit'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.
Altareit (XPAR:AREIT) has a Pretax Margin % of -7.30% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Altareit and its competitors. According to the industry distribution chart, Altareit ranks #1294 out of 1756 companies in the Real Estate industry, placing it in the top 73.7%.
Is Altareit's Pretax Margin % too high?
Altareit's current Pretax Margin % is -7.30%. Based on the distribution chart, Altareit ranks #1294 out of 1756 companies in the Real Estate industry, which is below the industry midpoint. Overall, Altareit has a GF Score™ of 13/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altareit's Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, Altareit ranks #1294 out of 1756 companies for Pretax Margin %. This places Altareit in the lower half of its industry. The industry median Pretax Margin % is 12.54. 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 12.54, based on 1,756 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 Altareit and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altareit's current Pretax Margin % is -7.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altareit stock overvalued right now?
Based on GuruFocus' analysis, Altareit (XPAR:AREIT) is currently considered Significantly Overvalued. The stock's GF Value™ is €340.05, compared to a current price of €585.00 — trading 72% above its estimated fair value. The current Pretax Margin % is -7.30%. Altareit's overall GF Score™ is 13/100 with 8 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 Altareit (XPAR:AREIT), the current Pretax Margin % is -7.30% 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 Altareit (XPAR:AREIT) Overvalued in 2026?
Based on GuruFocus' analysis, Altareit stock appears to be overvalued.
The current stock price of €585.00 is trading 72% above its estimated GF Value™ of €340.05.
GuruFocus considers Altareit to be Significantly Overvalued.
Key valuation signals for XPAR:AREIT:
Pretax Margin %: -7.30%
GF Value™: €340.05 vs. price of €585.00 (72% above fair value)
No single metric tells the full story. See the XPAR:AREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altareit SA is a property development company in France. The company is operating across the full breadth of the real estate sector: retail, residential, and office. The company also managed the retail development part of the mixed-use projects led by Altarea Cogedim Group. The company offers a platform of real estate skills for low-carbon urban transformation.. The company's operating segment includes Residential, Business property, and Diversification. The company generates the majority of its revenue from the Residential segment. Geographically, the company generates almost all of its revenue from France.
13GF Score
Get the complete analysis for XPAR:AREIT
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XPAR:AREIT has been successfully added to your 
