Mig Holdings (ATH:MIG) Tax Rate %: 0.00% (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ATH:MIG Mig Holdings SA ATH:MIG
33 GF Score
Price €3.23
View Full Analysis

What is Mig Holdings Tax Rate %?

Mig Holdings ATH:MIG +0.94% 33 Tax Rate % is 0.00% as of Jun. 2024. GuruFocus rates ATH:MIG with a GF Score™ of 33/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mig Holdings's Tax Expense for the six months ended in Jun. 2024 was €0.00 Mil. Mig Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was €5.15 Mil. Therefore, Mig Holdings's Tax Rate % for the quarter that ended in Jun. 2024 was 0.00%.

Mig Holdings Tax Rate % Related Terms

Mig Holdings Tax Rate % Historical Data

* Premium members only.

The historical data trend for Mig Holdings'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.

Mig Holdings Tax Rate % Chart

Mig Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.73 -0.30 -0.50 0.00 0.00

Mig Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
ATH:MIG
33GF Score
Mig Holdings SA ATH:MIG
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mig Holdings Tax Rate % Calculation

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

Mig Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0/3.997
=0.00 %

Mig Holdings's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0/5.152
=0.00 %

* 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 0.00% mean?
Mig Holdings (ATH:MIG) has a Tax Rate % of 0.00% as of Jun. 2024.
Is Mig Holdings' Tax Rate % too high?
Mig Holdings' current Tax Rate % is 0.00%. Overall, Mig Holdings has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Mig Holdings' Tax Rate % compare to CBRE and CSGP?
Mig Holdings' Tax Rate % of 0.00% can be compared against companies in the Real Estate 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 a Real Estate company?
A good Tax Rate % depends on the Real Estate 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. Mig Holdings's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mig Holdings stock overvalued right now?
Mig Holdings (ATH:MIG) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Mig Holdings' overall GF Score™ is 33/100. 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 Mig Holdings (ATH:MIG), the current Tax Rate % is 0.00% as of Jun. 2024. 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.

Mig Holdings Business Description

Address El. Venizelou 10, Athens, GRC, 106 71
Mig Holdings SA is an investment holding company. Through its subsidiaries, the company operates its business in various segments which include Financial Services, Real Estate, and Others. The majority of the company's revenues are generated through the Real Estate segment. This activity consists of the purchase of real estate and exercising ownership of that real estate. Geographically, it operates in Greece, European Countries, and Other countries, out of which the majority is from European countries.
33GF Score

Get the complete analysis for ATH:MIG

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

€3.23
Price