GLP J-REIT (TSE:3281) FCF Margin %: 69.43% (As of Feb. 2026)

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TSE:3281 GLP J-REIT TSE:3281
76 GF Score
Price 円141,300.00
GF Value 円145,858.88
Valuation Fairly Valued
! 6 Warning Signs
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What is GLP J-REIT FCF Margin %?

GLP J-REIT TSE:3281 +1.07% 76 FCF Margin % is 69.43% as of Feb. 2026. GuruFocus rates TSE:3281 with a GF Score™ of 76/100 and a GF Value™ of 円145,858.88 (Fairly Valued). The stock has 6 warning signs investors should review. Among 931 REITs companies, GLP J-REIT ranks better than 78.84% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. GLP J-REIT's Free Cash Flow for the six months ended in Feb. 2026 was 円20,010 Mil. GLP J-REIT's Revenue for the six months ended in Feb. 2026 was 円28,821 Mil. Therefore, GLP J-REIT's FCF Margin % for the quarter that ended in Feb. 2026 was 69.43%.

As of today, GLP J-REIT's current FCF Yield % is 6.22%.

The historical rank and industry rank for GLP J-REIT's FCF Margin % or its related term are showing as below:

TSE:3281' s FCF Margin % Range Over the Past 10 Years
Min: -250   Med: -112.09   Max: 81.46
Current: 71.11


During the past 13 years, the highest FCF Margin % of GLP J-REIT was 81.46%. The lowest was -250.00%. And the median was -112.09%.

TSE:3281's FCF Margin % is ranked better than
78.84% of 931 companies
in the REITs industry
Industry Median: 40.15 vs TSE:3281: 71.11


GLP J-REIT FCF Margin % Related Terms


GLP J-REIT FCF Margin % Historical Data

* Premium members only.

The historical data trend for GLP J-REIT's FCF 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 FCF Margin % Chart

GLP J-REIT Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -250.00 81.46 -162.39 70.06 77.48

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
FCF 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 91.98 49.44 82.48 72.71 69.43

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

For the REIT - Industrial subindustry, GLP J-REIT's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs REITs Industry

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

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


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

GLP J-REIT FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=46164.106/59583.132
=77.48 %

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

FCF Margin=Free Cash Flow (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=20010.121/28821.374
=69.43 %

* 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 FCF Margin % →
What does a FCF Margin % of 69.43% mean?
GLP J-REIT (TSE:3281) has a FCF Margin % of 69.43% as of Feb. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on GLP J-REIT and its competitors. According to the industry distribution chart, GLP J-REIT ranks #197 out of 931 companies in the REITs industry, placing it in the top 21.2%.
Is GLP J-REIT's FCF Margin % too high?
GLP J-REIT's current FCF Margin % is 69.43%. The REITs industry median FCF Margin % is 40.15. GLP J-REIT's value of 69.43% is 72.9% above this industry median. Based on the distribution chart, GLP J-REIT ranks #197 out of 931 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. 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 FCF Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #197 out of 931 companies for FCF Margin %. This places GLP J-REIT in the top 21% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 40.15. GLP J-REIT's value of 69.43% is 72.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.15, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GLP J-REIT's current FCF Margin % of 69.43% is 72.9% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on GLP J-REIT and its competitors. For the REITs industry, the median FCF Margin % is 40.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLP J-REIT's current FCF Margin % is 69.43%. 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145,858.88, compared to a current price of 円141,300.00 — trading 3.1% below its estimated fair value. The current FCF Margin % is 69.43% and 72.9% above the REITs industry median of 40.15. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For GLP J-REIT (TSE:3281), the current FCF Margin % is 69.43% 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141,300.00 is trading 3.1% below its estimated GF Value™ of 円145,858.88. GuruFocus considers GLP J-REIT to be Fairly Valued.

Key valuation signals for TSE:3281:

  • FCF Margin %: 69.43%
  • GF Value™: 円145,858.88 vs. price of 円141,300.00 (3.1% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 72.9% above the REITs median (#197 of 931)

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

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

円141,300.00
Price
円145,858.88
GF Value