The historical rank and industry rank for Nippon Building Fund's Gross Margin % or its related term are showing as below:
FRA:S4C'
s Gross Margin % Range Over the Past 10 Years
Min: 44.38 Med: 48.4 Max: 52.93
Current: 50.77
During the past 13 years, the highestGross Margin % of Nippon Building Fund was 52.93%. The lowest was 44.38%. And the median was 48.40%.
FRA:S4C's Gross Margin % is ranked worse than 84.14% of 681
companies
in the REITs industry
Industry Median: 69.62
vs FRA:S4C: 50.77
Nippon Building Fund had a gross margin of 47.99% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Nippon Building Fund was 0.50% per year.
Nippon Building Fund (FRA:S4C) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Nippon Building Fund had a gross margin of 47.99% for the quarter that ended in Dec. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Nippon Building Fund Gross Margin % Related Terms
Nippon Building Fund Gross Margin % Historical Data
* Premium members only.
The historical data trend for Nippon Building Fund's Gross 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.
FRA:S4C vs BXP, ARE, VNO: Gross Margin % Comparison
For the REIT - Office subindustry, Nippon Building Fund's Gross Margin %, along with its competitors' market caps and Gross 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 Building Fund Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Building Fund's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Nippon Building Fund's Gross 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Nippon Building Fund (FRA:S4C) has a Gross Margin % of 47.99% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Nippon Building Fund and its competitors. This is near median its historical median of 48.40. Over the past decade, Nippon Building Fund's Gross Margin % has ranged from 44.38 to 52.93. According to the industry distribution chart, Nippon Building Fund ranks #573 out of 681 companies in the REITs industry, placing it in the top 84.1%.
Is Nippon Building Fund's Gross Margin % too high?
Nippon Building Fund's current Gross Margin % of 47.99% is near median its 10-year median of 48.40. Over the past 10 years, this metric has ranged from a low of 44.38 to a high of 52.93. The REITs industry median Gross Margin % is 69.62. Nippon Building Fund's value of 47.99% is 31.1% below this industry median. Based on the distribution chart, Nippon Building Fund ranks #573 out of 681 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Nippon Building Fund has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Building Fund's Gross Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Nippon Building Fund ranks #573 out of 681 companies for Gross Margin %. This places Nippon Building Fund in the lower half of its industry. The industry median Gross Margin % is 69.62. Nippon Building Fund's value of 47.99% is 31.1% below this benchmark. Historically, Nippon Building Fund's own Gross Margin % has ranged from 44.38 to 52.93 over the past decade. While the company's 10-year median is 48.40 vs. the industry median of 69.62, Nippon Building Fund 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 Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.62, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Building Fund's current Gross Margin % of 47.99% is 31.1% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Nippon Building Fund and its competitors. For the REITs industry, the median Gross Margin % is 69.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Building Fund's current Gross Margin % is 47.99%, which is near median its own 10-year median of 48.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Building Fund stock overvalued right now?
Nippon Building Fund (FRA:S4C) has a current Gross Margin % of 47.99%. The stock's GF Value™ is €580.89, compared to a current price of €685.00 — trading 17.9% above its estimated fair value. The current Gross Margin % is 47.99%, which is near median its 10-year median of 48.40 and 31.1% below the REITs industry median of 69.62. Nippon Building Fund's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Nippon Building Fund (FRA:S4C), the current Gross Margin % is 47.99% as of Dec. 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 Nippon Building Fund (FRA:S4C) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Building Fund stock appears to be overvalued.
The current stock price of €685.00 is trading 17.9% above its estimated GF Value™ of €580.89.
Key valuation signals for FRA:S4C:
Gross Margin %: 47.99% (near median its 10-year median of 48.40)
GF Value™: €580.89 vs. price of €685.00 (17.9% above fair value)
Industry Position: 31.1% below the REITs median (#573 of 681)
No single metric tells the full story. See the FRA:S4C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio comprises of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
56GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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