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Norstar HoldingsXTAE:NSTR -1.97%60 Pretax Margin % is 11.15% as of Mar. 2026, which is 26% below its 10-year median of 15.08. GuruFocus rates XTAE:NSTR with a GF Score™ of 60/100 and a GF Value™ of ₪7.52 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,756 Real Estate companies, Norstar Holdings ranks better than 75.23% 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.
Norstar Holdings Pretax Margin % Related Terms
Norstar Holdings Pretax Margin % Historical Data
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The historical data trend for Norstar Holdings'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.
XTAE:NSTR vs CBRE, BEKE, JLL: Pretax Margin % Comparison
For the Real Estate Services subindustry, Norstar Holdings'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.
Norstar Holdings Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Norstar Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Norstar Holdings'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.
Norstar Holdings (XTAE:NSTR) has a Pretax Margin % of 11.15% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Norstar Holdings and its competitors. This is 26% below median its historical median of 15.08. According to the industry distribution chart, Norstar Holdings ranks #435 out of 1756 companies in the Real Estate industry, placing it in the top 24.8%.
Is Norstar Holdings' Pretax Margin % too high?
Norstar Holdings' current Pretax Margin % of 11.15% is 26% below median its 10-year median of 15.08. The Real Estate industry median Pretax Margin % is 12.40. Norstar Holdings' value of 11.15% is 10.1% below this industry median. Based on the distribution chart, Norstar Holdings ranks #435 out of 1756 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Norstar Holdings has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norstar Holdings' Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Norstar Holdings ranks #435 out of 1756 companies for Pretax Margin %. This places Norstar Holdings in the top 25% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.40. Norstar Holdings' value of 11.15% is 10.1% below this benchmark. While the company's 10-year median is 15.08 vs. the industry median of 12.40, Norstar Holdings 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.40, 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. Norstar Holdings's current Pretax Margin % of 11.15% is 10.1% 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 Norstar Holdings and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norstar Holdings's current Pretax Margin % is 11.15%, which is 26% below median its own 10-year median of 15.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norstar Holdings stock overvalued right now?
Based on GuruFocus' analysis, Norstar Holdings (XTAE:NSTR) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪7.52, compared to a current price of ₪8.45 — trading 12.3% above its estimated fair value. The current Pretax Margin % is 11.15%, which is 26% below median its 10-year median of 15.08 and 10.1% below the Real Estate industry median of 12.40. Norstar Holdings' overall GF Score™ is 60/100 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 Norstar Holdings (XTAE:NSTR), the current Pretax Margin % is 11.15% 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 Norstar Holdings (XTAE:NSTR) Overvalued in 2026?
Based on GuruFocus' analysis, Norstar Holdings stock appears to be overvalued.
The current stock price of ₪8.45 is trading 12.3% above its estimated GF Value™ of ₪7.52.
GuruFocus considers Norstar Holdings to be Modestly Overvalued.
Key valuation signals for XTAE:NSTR:
Pretax Margin %: 11.15% (26% below median its 10-year median of 15.08)
GF Value™: ₪7.52 vs. price of ₪8.45 (12.3% above fair value)
Industry Position: 10.1% below the Real Estate median (#435 of 1756)
No single metric tells the full story. See the XTAE:NSTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norstar Holdings Inc is a multinational real estate holdings company based in Israel. The company is the major shareholder of Gazit Globe, a multi-national real estate investment company that acquires, develops, and manages supermarket anchored shopping centers. The company operates through a variety of subsidiaries: in the United States through Equity One Inc., Royal Senior Care LLC, and ProMed Properties Inc.; in Canada through First Capital Realty Inc.; and in Europe through Citycon Oyj. In the United States the company focuses on projects in the senior housing and the medical office building sectors in North America.
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