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Japan Metropolitan Fund Investment (TSE:8953) 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
Japan Metropolitan Fund Investment had a gross margin of 61.62% for the quarter that ended in Feb. 2026 => 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.
Japan Metropolitan Fund Investment Gross Margin % Related Terms
Japan Metropolitan Fund Investment Gross Margin % Historical Data
* 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.
Japan Metropolitan Fund Investment Gross Margin % Chart
TSE:8953 vs SPG, O, KIM: Gross Margin % Comparison
For the REIT - Retail subindustry, Japan Metropolitan Fund Investment'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.
Japan Metropolitan Fund Investment Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Japan Metropolitan Fund Investment'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.
Japan Metropolitan Fund Investment (TSE:8953) has a Gross Margin % of 61.62% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Japan Metropolitan Fund Investment and its competitors. This is 15% above median its historical median of 53.76. Over the past decade, Japan Metropolitan Fund Investment's Gross Margin % has ranged from 48.31 to 60.95. According to the industry distribution chart, Japan Metropolitan Fund Investment ranks #465 out of 676 companies in the REITs industry, placing it in the top 68.8%.
Is Japan Metropolitan Fund Investment's Gross Margin % too high?
Japan Metropolitan Fund Investment's current Gross Margin % of 61.62% is 15% above median its 10-year median of 53.76. Over the past 10 years, this metric has ranged from a low of 48.31 to a high of 60.95. The REITs industry median Gross Margin % is 69.71. Japan Metropolitan Fund Investment's value of 61.62% is 11.6% below this industry median. Based on the distribution chart, Japan Metropolitan Fund Investment ranks #465 out of 676 companies in the REITs industry, which is below the industry midpoint. Overall, Japan Metropolitan Fund Investment has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Metropolitan Fund Investment's Gross Margin % compare to SPG and O?
According to the REITs industry distribution chart, Japan Metropolitan Fund Investment ranks #465 out of 676 companies for Gross Margin %. This places Japan Metropolitan Fund Investment in the lower half of its industry. The industry median Gross Margin % is 69.71. Japan Metropolitan Fund Investment's value of 61.62% is 11.6% below this benchmark. Historically, Japan Metropolitan Fund Investment's own Gross Margin % has ranged from 48.31 to 60.95 over the past decade. While the company's 10-year median is 53.76 vs. the industry median of 69.71, Japan Metropolitan Fund 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 Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.71, based on 676 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. Japan Metropolitan Fund Investment's current Gross Margin % of 61.62% is 11.6% 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 Japan Metropolitan Fund Investment and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Metropolitan Fund Investment's current Gross Margin % is 61.62%, which is 15% above median its own 10-year median of 53.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Metropolitan Fund Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment (TSE:8953) is currently considered Fairly Valued. The stock's GF Value™ is 円115,138.58, compared to a current price of 円118,300.00 — trading 2.7% above its estimated fair value. The current Gross Margin % is 61.62%, which is 15% above median its 10-year median of 53.76 and 11.6% below the REITs industry median of 69.71. Japan Metropolitan Fund Investment's overall GF Score™ is 73/100 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 Japan Metropolitan Fund Investment (TSE:8953), the current Gross Margin % is 61.62% 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 Japan Metropolitan Fund Investment (TSE:8953) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment stock appears to be overvalued.
The current stock price of 円118,300.00 is trading 2.7% above its estimated GF Value™ of 円115,138.58.
GuruFocus considers Japan Metropolitan Fund Investment to be Fairly Valued.
Key valuation signals for TSE:8953:
Gross Margin %: 61.62% (15% above median its 10-year median of 53.76)
GF Value™: 円115,138.58 vs. price of 円118,300.00 (2.7% above fair value)
Industry Position: 11.6% below the REITs median (#465 of 676)
No single metric tells the full story. See the TSE:8953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Metropolitan Fund Investment Business Description
Japan Metropolitan Fund Investment Corp is a diversified REIT investing in real estate properties serving as a foundation of urban lives. Its portfolio includes urban retail, mixed-use, office, residence, hotel and suburban retail.
73GF Score
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