GLP J-REIT (TSE:3281) EBITDA Margin %: 71.65% (As of Feb. 2026) — Near Median

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.

TSE:3281 GLP J-REIT TSE:3281
76 GF Score
Price 円139,800.00
GF Value 円145,858.77
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is GLP J-REIT EBITDA Margin %?

GLP J-REIT TSE:3281 +0.43% 76 EBITDA Margin % is 71.65% as of Feb. 2026, which is 1% above its 10-year median of 71.26. GuruFocus rates TSE:3281 with a GF Score™ of 76/100 and a GF Value™ of 円145,858.77 (Fairly Valued). The stock has 6 warning signs investors should review. Among 746 REITs companies, GLP J-REIT ranks better than 53.08% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. GLP J-REIT's EBITDA for the six months ended in Feb. 2026 was 円20,651 Mil. GLP J-REIT's Revenue for the six months ended in Feb. 2026 was 円28,821 Mil. Therefore, GLP J-REIT's EBITDA margin for the quarter that ended in Feb. 2026 was 71.65%.


GLP J-REIT  (TSE:3281) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


GLP J-REIT EBITDA Margin % Related Terms


GLP J-REIT EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for GLP J-REIT's EBITDA 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.

GLP J-REIT EBITDA Margin % Chart

GLP J-REIT Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.24 71.22 69.99 71.36 71.27

GLP J-REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
EBITDA Margin % 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 70.98 71.72 71.11 71.42 71.65

TSE:3281 vs PLD, PSA, EXR: EBITDA Margin % Comparison

For the REIT - Industrial subindustry, GLP J-REIT's EBITDA Margin %, along with its competitors' market caps and EBITDA 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.


GLP J-REIT EBITDA Margin % vs REITs Industry

For the REITs industry and Real Estate sector, GLP J-REIT's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where GLP J-REIT's EBITDA Margin % falls into.


TSE:3281
76GF Score
GLP J-REIT TSE:3281
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GLP J-REIT EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

GLP J-REIT's EBITDA Margin % for the fiscal year that ended in Aug. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=42464.433/59583.132
=71.27 %

GLP J-REIT's EBITDA Margin % for the quarter that ended in Feb. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=20651.386/28821.374
=71.65 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 71.65% mean?
GLP J-REIT (TSE:3281) has a EBITDA Margin % of 71.65% as of Feb. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on GLP J-REIT and its competitors. This is near median its historical median of 71.26. Over the past decade, GLP J-REIT's EBITDA Margin % has ranged from 69.99 to 72.58. According to the industry distribution chart, GLP J-REIT ranks #350 out of 746 companies in the REITs industry, placing it in the top 46.9%.
Is GLP J-REIT's EBITDA Margin % too high?
GLP J-REIT's current EBITDA Margin % of 71.65% is near median its 10-year median of 71.26. Over the past 10 years, this metric has ranged from a low of 69.99 to a high of 72.58. The REITs industry median EBITDA Margin % is 69.99. GLP J-REIT's value of 71.65% is 2.4% above this industry median. Based on the distribution chart, GLP J-REIT ranks #350 out of 746 companies in the REITs industry, which is above the industry midpoint. Overall, GLP J-REIT has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's EBITDA Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #350 out of 746 companies for EBITDA Margin %. This puts GLP J-REIT in the upper half of its industry. The industry median EBITDA Margin % is 69.99. GLP J-REIT's value of 71.65% is 2.4% above this benchmark. Historically, GLP J-REIT's own EBITDA Margin % has ranged from 69.99 to 72.58 over the past decade. While the company's 10-year median is 71.26 vs. the industry median of 69.99, GLP J-REIT has consistently been above 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 EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.99, based on 746 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GLP J-REIT's current EBITDA Margin % of 71.65% is 2.4% above 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on GLP J-REIT and its competitors. For the REITs industry, the median EBITDA Margin % is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLP J-REIT's current EBITDA Margin % is 71.65%, which is near median its own 10-year median of 71.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
Based on GuruFocus' analysis, GLP J-REIT (TSE:3281) is currently considered Fairly Valued. The stock's GF Value™ is 円145,858.77, compared to a current price of 円139,800.00 — trading 4.2% below its estimated fair value. The current EBITDA Margin % is 71.65%, which is near median its 10-year median of 71.26 and 2.4% above the REITs industry median of 69.99. GLP J-REIT's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For GLP J-REIT (TSE:3281), the current EBITDA Margin % is 71.65% as of Feb. 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 GLP J-REIT (TSE:3281) Overvalued in 2026?

Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued. The current stock price of 円139,800.00 is trading 4.2% below its estimated GF Value™ of 円145,858.77. GuruFocus considers GLP J-REIT to be Fairly Valued.

Key valuation signals for TSE:3281:

  • EBITDA Margin %: 71.65% (near median its 10-year median of 71.26)
  • GF Value™: 円145,858.77 vs. price of 円139,800.00 (4.2% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 2.4% above the REITs median (#350 of 746)

No single metric tells the full story. See the TSE:3281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GLP J-REIT Business Description

Industry Real EstateREITs
Address Tokyo Midtown Yaesu, 16F, Yaesu Central Tower, 2-2-1 Yaesu, Chuo-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
76GF Score

Get the complete analysis for TSE:3281

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

円139,800.00
Price
円145,858.77
GF Value