MAPIF (Mapletree Industrial Trust) Tax Rate %: -72.13% (As of Mar. 2026)

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.

MAPIF Mapletree Industrial Trust MAPIF
62 GF Score
Price $1.49
GF Value $1.73
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Mapletree Industrial Trust Tax Rate %?

Mapletree Industrial Trust MAPIF 62 Tax Rate % is -72.13% as of Mar. 2026. GuruFocus rates MAPIF with a GF Score™ of 62/100 and a GF Value™ of $1.73 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mapletree Industrial Trust's Tax Expense for the three months ended in Mar. 2026 was $20.4 Mil. Mapletree Industrial Trust's Pre-Tax Income for the three months ended in Mar. 2026 was $-28.3 Mil. Therefore, Mapletree Industrial Trust's Tax Rate % for the quarter that ended in Mar. 2026 was -72.13%.

Mapletree Industrial Trust Tax Rate % Related Terms

Mapletree Industrial Trust Tax Rate % Historical Data

* Premium members only.

The historical data trend for Mapletree Industrial Trust'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.

Mapletree Industrial Trust Tax Rate % Chart

Mapletree Industrial Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.43 7.60 11.72 7.90 15.47

Mapletree Industrial Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 32.03 5.10 4.31 5.04 -72.13
MAPIF
62GF Score
Mapletree Industrial Trust MAPIF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mapletree Industrial Trust Tax Rate % Calculation

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

Mapletree Industrial Trust's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=31.685/204.857
=15.47 %

Mapletree Industrial Trust's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=20.417/-28.305
=-72.13 %

* 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 -72.13% mean?
Mapletree Industrial Trust (MAPIF) has a Tax Rate % of -72.13% as of Mar. 2026.
Is Mapletree Industrial Trust's Tax Rate % too high?
Mapletree Industrial Trust's current Tax Rate % is -72.13%. Overall, Mapletree Industrial Trust has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mapletree Industrial Trust's Tax Rate % compare to PLD and PSA?
Mapletree Industrial Trust's Tax Rate % of -72.13% can be compared against companies in the REITs 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 REITs company?
A good Tax Rate % depends on the REITs 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. Mapletree Industrial Trust's current Tax Rate % is -72.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Industrial Trust stock overvalued right now?
Based on GuruFocus' analysis, Mapletree Industrial Trust (MAPIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.73, compared to a current price of $1.49 — trading 13.9% below its estimated fair value. The current Tax Rate % is -72.13%. Mapletree Industrial Trust's overall GF Score™ is 62/100 with 7 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 Mapletree Industrial Trust (MAPIF), the current Tax Rate % is -72.13% 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 Mapletree Industrial Trust (MAPIF) Overvalued in 2026?

Based on GuruFocus' analysis, Mapletree Industrial Trust stock appears to be undervalued. The current stock price of $1.49 is trading 13.9% below its estimated GF Value™ of $1.73. GuruFocus considers Mapletree Industrial Trust to be Modestly Undervalued.

Key valuation signals for MAPIF:

  • Tax Rate %: -72.13%
  • GF Value™: $1.73 vs. price of $1.49 (13.9% below fair value)
  • GF Score™: 62/100 with 7 warning signs

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

Mapletree Industrial Trust Business Description

Industry Real EstateREITs
Other Exchanges ME8U:SingaporeM2L:Germany
Address 10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focused on industrial properties and data centers. Its property portfolio consists of 136 properties in Singapore, North America, and Japan. Types of property owned include data centers, high-tech buildings, business parks, and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.
62GF Score

Get the complete analysis for MAPIF

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

$1.49
Price
$1.73
GF Value