Starts Proceed Investment (TSE:8979) FCF Margin %: 25.89% (As of Oct. 2025) — 24% Below Median


TSE:8979 Starts Proceed Investment Corp TSE:8979
66 GF Score
Price 円189,100.00
GF Value 円211,712.23
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Starts Proceed Investment FCF Margin %?

Starts Proceed Investment TSE:8979 +3.11% 66 FCF Margin % is 25.89% as of Oct. 2025, which is 24% below its 10-year median of 33.86. GuruFocus rates TSE:8979 with a GF Score™ of 66/100 and a GF Value™ of 円211,712.23 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 936 REITs companies, Starts Proceed Investment ranks better than 75.96% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Starts Proceed Investment's Free Cash Flow for the six months ended in Oct. 2025 was 円943 Mil. Starts Proceed Investment's Revenue for the six months ended in Oct. 2025 was 円3,642 Mil. Therefore, Starts Proceed Investment's FCF Margin % for the quarter that ended in Oct. 2025 was 25.89%.

As of today, Starts Proceed Investment's current FCF Yield % is 9.63%.

The historical rank and industry rank for Starts Proceed Investment's FCF Margin % or its related term are showing as below:

TSE:8979' s FCF Margin % Range Over the Past 10 Years
Min: -334.06   Med: 33.86   Max: 66.46
Current: 66.46


During the past 13 years, the highest FCF Margin % of Starts Proceed Investment was 66.46%. The lowest was -334.06%. And the median was 33.86%.

TSE:8979's FCF Margin % is ranked better than
75.96% of 936 companies
in the REITs industry
Industry Median: 40.025 vs TSE:8979: 66.46


Starts Proceed Investment FCF Margin % Related Terms


Starts Proceed Investment FCF Margin % Historical Data

* Premium members only.

The historical data trend for Starts Proceed Investment'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.

Starts Proceed Investment FCF Margin % Chart

Starts Proceed Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.77 35.11 -135.07 32.60 66.46

Starts Proceed Investment Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 29.65 -51.69 116.60 105.06 25.89

TSE:8979 vs AVB, EQR, ESS: FCF Margin % Comparison

For the REIT - Residential subindustry, Starts Proceed 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.


Starts Proceed Investment FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Starts Proceed Investment's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Starts Proceed Investment's FCF Margin % falls into.


TSE:8979
66GF Score
Starts Proceed Investment Corp TSE:8979
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starts Proceed Investment FCF Margin % Calculation

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

Starts Proceed Investment's FCF Margin for the fiscal year that ended in Oct. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=4963.937/7469.405
=66.46 %

Starts Proceed Investment's FCF Margin for the quarter that ended in Oct. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Oct. 2025 )/Revenue (Q: Oct. 2025 )
=943.115/3642.107
=25.89 %

* 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 25.89% mean?
Starts Proceed Investment (TSE:8979) has a FCF Margin % of 25.89% as of Oct. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Starts Proceed Investment and its competitors. This is 24% below median its historical median of 33.86. According to the industry distribution chart, Starts Proceed Investment ranks #225 out of 936 companies in the REITs industry, placing it in the top 24%.
Is Starts Proceed Investment's FCF Margin % too high?
Starts Proceed Investment's current FCF Margin % of 25.89% is 24% below median its 10-year median of 33.86. The REITs industry median FCF Margin % is 40.03. Starts Proceed Investment's value of 25.89% is 35.3% below this industry median. Based on the distribution chart, Starts Proceed Investment ranks #225 out of 936 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Starts Proceed Investment has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starts Proceed Investment's FCF Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Starts Proceed Investment ranks #225 out of 936 companies for FCF Margin %. This places Starts Proceed Investment in the top 24% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 40.03. Starts Proceed Investment's value of 25.89% is 35.3% below this benchmark. While the company's 10-year median is 33.86 vs. the industry median of 40.03, Starts Proceed Investment has consistently been below 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 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. Starts Proceed Investment's current FCF Margin % of 25.89% is 35.3% below 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 Starts Proceed Investment and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starts Proceed Investment's current FCF Margin % is 25.89%, which is 24% below median its own 10-year median of 33.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Proceed Investment stock overvalued right now?
Based on GuruFocus' analysis, Starts Proceed Investment (TSE:8979) is currently considered Modestly Undervalued. The stock's GF Value™ is 円211,712.23, compared to a current price of 円189,100.00 — trading 10.7% below its estimated fair value. The current FCF Margin % is 25.89%, which is 24% below median its 10-year median of 33.86 and 35.3% below the REITs industry median of 40.03. Starts Proceed Investment's overall GF Score™ is 66/100 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 Starts Proceed Investment (TSE:8979), the current FCF Margin % is 25.89% as of Oct. 2025. 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 Starts Proceed Investment (TSE:8979) Overvalued in 2026?

Based on GuruFocus' analysis, Starts Proceed Investment stock appears to be undervalued. The current stock price of 円189,100.00 is trading 10.7% below its estimated GF Value™ of 円211,712.23. GuruFocus considers Starts Proceed Investment to be Modestly Undervalued.

Key valuation signals for TSE:8979:

  • FCF Margin %: 25.89% (24% below median its 10-year median of 33.86)
  • GF Value™: 円211,712.23 vs. price of 円189,100.00 (10.7% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 35.3% below the REITs median (#225 of 936)

No single metric tells the full story. See the TSE:8979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starts Proceed Investment Business Description

Industry Real EstateREITs
Address 3-1-8 Nihonbashi, Chuo-ku, Tokyo, JPN
Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.
66GF Score

Get the complete analysis for TSE:8979

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

円189,100.00
Price
円211,712.23
GF Value