Qualitas (ASX:QAL) Tax Rate %: 30.13% (As of Dec. 2025)


ASX:QAL Qualitas Ltd ASX:QAL
61 GF Score
Price A$3.18
GF Value A$2.83
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Qualitas Tax Rate %?

Qualitas ASX:QAL +0.95% 61 Tax Rate % is 30.13% as of Dec. 2025. GuruFocus rates ASX:QAL with a GF Score™ of 61/100 and a GF Value™ of A$2.83 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Qualitas's Tax Expense for the six months ended in Dec. 2025 was A$8.9 Mil. Qualitas's Pre-Tax Income for the six months ended in Dec. 2025 was A$29.7 Mil. Therefore, Qualitas's Tax Rate % for the quarter that ended in Dec. 2025 was 30.13%.


Qualitas Tax Rate % Related Terms


Qualitas Tax Rate % Historical Data

* Premium members only.

The historical data trend for Qualitas's Tax Rate % 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.

Qualitas Tax Rate % Chart

Qualitas Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Tax Rate %
0.00 10.46 29.19 30.06 30.12

Qualitas Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % Get a 7-Day Free Trial Premium Member Only 30.00 30.12 30.07 30.18 30.13
ASX:QAL
61GF Score
Qualitas Ltd ASX:QAL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualitas Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Qualitas's Tax Rate % for the fiscal year that ended in Jun. 2025 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2025 )/Pre-Tax Income (A: Jun. 2025 )
=14.403/47.814
=30.12 %

Qualitas's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=8.944/29.684
=30.13 %

* 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 Tax Rate % →
What does a Tax Rate % of 30.13% mean?
Qualitas (ASX:QAL) has a Tax Rate % of 30.13% as of Dec. 2025.
Is Qualitas' Tax Rate % too high?
Qualitas' current Tax Rate % is 30.13%. Overall, Qualitas has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qualitas' Tax Rate % compare to BLK and BX?
Qualitas' Tax Rate % of 30.13% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Asset Management company?
A good Tax Rate % depends on the Asset Management industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Qualitas's current Tax Rate % is 30.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitas stock overvalued right now?
Based on GuruFocus' analysis, Qualitas (ASX:QAL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$2.83, compared to a current price of A$3.18 — trading 12.4% above its estimated fair value. The current Tax Rate % is 30.13%. Qualitas' overall GF Score™ is 61/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Qualitas (ASX:QAL), the current Tax Rate % is 30.13% 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 Qualitas (ASX:QAL) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitas stock appears to be overvalued. The current stock price of A$3.18 is trading 12.4% above its estimated GF Value™ of A$2.83. GuruFocus considers Qualitas to be Modestly Overvalued.

Key valuation signals for ASX:QAL:

  • Tax Rate %: 30.13%
  • GF Value™: A$2.83 vs. price of A$3.18 (12.4% above fair value)
  • GF Score™: 61/100 with 2 warning signs

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


Qualitas Business Description

Address 120 Collins Street, Level 38, Melbourne, VIC, AUS, 3000
Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.
61GF Score

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

A$3.18
Price
A$2.83
GF Value