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* 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.
TSE:3296 vs BXP, ARE, VNO: FCF Margin % Comparison
For the REIT - Office subindustry, NIPPON REIT Investment'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.
NIPPON REIT Investment FCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, NIPPON REIT Investment's FCF Margin % distribution charts can be found below:
* The bar in red indicates where NIPPON REIT Investment's FCF Margin % falls into.
* 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.
NIPPON REIT Investment (TSE:3296) has a FCF Margin % of -63.05% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NIPPON REIT Investment and its competitors. According to the industry distribution chart, NIPPON REIT Investment ranks #776 out of 945 companies in the REITs industry, placing it in the top 82.1%.
Is NIPPON REIT Investment's FCF Margin % too high?
NIPPON REIT Investment's current FCF Margin % is -63.05%. Based on the distribution chart, NIPPON REIT Investment ranks #776 out of 945 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, NIPPON REIT Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIPPON REIT Investment's FCF Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, NIPPON REIT Investment ranks #776 out of 945 companies for FCF Margin %. This places NIPPON REIT Investment in the lower half of its industry. The industry median FCF Margin % is 31.70. 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 31.70, based on 945 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. 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 NIPPON REIT Investment and its competitors. For the REITs industry, the median FCF Margin % is 31.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON REIT Investment's current FCF Margin % is -63.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, NIPPON REIT Investment (TSE:3296) is currently considered Modestly Undervalued. The stock's GF Value™ is 円97,871.47, compared to a current price of 円80,700.00 — trading 17.5% below its estimated fair value. The current FCF Margin % is -63.05%. NIPPON REIT Investment's overall GF Score™ is 64/100 with 3 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 NIPPON REIT Investment (TSE:3296), the current FCF Margin % is -63.05% as of Jun. 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 NIPPON REIT Investment (TSE:3296) Overvalued in 2026?
Based on GuruFocus' analysis, NIPPON REIT Investment stock appears to be undervalued.
The current stock price of 円80,700.00 is trading 17.5% below its estimated GF Value™ of 円97,871.47.
GuruFocus considers NIPPON REIT Investment to be Modestly Undervalued.
Key valuation signals for TSE:3296:
FCF Margin %: -63.05%
GF Value™: 円97,871.47 vs. price of 円80,700.00 (17.5% below fair value)
No single metric tells the full story. See the TSE:3296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders principally in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.
64GF Score
Get the complete analysis for TSE:3296
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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