VTWRF (Vantage Towers AG) Tax Rate %: -36.50% (As of Mar. 2023)


VTWRF Vantage Towers AG VTWRF
44 GF Score
Price $40.06
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What is Vantage Towers AG Tax Rate %?

Vantage Towers AG VTWRF 44 Tax Rate % is -36.50% as of Mar. 2023. GuruFocus rates VTWRF with a GF Score™ of 44/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vantage Towers AG's Tax Expense for the six months ended in Mar. 2023 was $-81 Mil. Vantage Towers AG's Pre-Tax Income for the six months ended in Mar. 2023 was $223 Mil. Therefore, Vantage Towers AG's Tax Rate % for the quarter that ended in Mar. 2023 was -36.50%.

Vantage Towers AG Tax Rate % Related Terms

Vantage Towers AG Tax Rate % Historical Data

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The historical data trend for Vantage Towers AG'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.

Vantage Towers AG Tax Rate % Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Tax Rate %
26.54 23.38 -4.58

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Tax Rate % Get a 7-Day Free Trial 24.18 24.02 22.81 22.65 -36.50
VTWRF
44GF Score
Vantage Towers AG VTWRF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Towers AG Tax Rate % Calculation

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

Vantage Towers AG's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2023 )/Pre-Tax Income (A: Mar. 2023 )
=-22.163/484.368
=-4.58 %

Vantage Towers AG's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2023 )/Pre-Tax Income (Q: Mar. 2023 )
=-81.37/222.912
=-36.50 %

* 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 -36.50% mean?
Vantage Towers AG (VTWRF) has a Tax Rate % of -36.50% as of Mar. 2023.
Is Vantage Towers AG's Tax Rate % too high?
Vantage Towers AG's current Tax Rate % is -36.50%. Overall, Vantage Towers AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Towers AG's Tax Rate % compare to BEKE and CBRE?
Vantage Towers AG's Tax Rate % of -36.50% 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. Vantage Towers AG's current Tax Rate % is -36.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Towers AG stock overvalued right now?
Vantage Towers AG (VTWRF) has a current Tax Rate % of -36.50%. The current Tax Rate % is -36.50%. Vantage Towers AG's overall GF Score™ is 44/100. 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 Vantage Towers AG (VTWRF), the current Tax Rate % is -36.50% as of Mar. 2023. 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.

Vantage Towers AG Business Description

Address Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
44GF Score

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

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