Fukuoka REIT (TSE:8968) Gross Margin %: 48.83% (As of Feb. 2026) — 12% Above Median


TSE:8968 Fukuoka REIT Corp TSE:8968
64 GF Score
Price 円170,500.00
GF Value 円177,065.64
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Fukuoka REIT Gross Margin %?

Fukuoka REIT TSE:8968 -1.10% 64 Gross Margin % is 48.83% as of Feb. 2026, which is 12% above its 10-year median of 43.70. GuruFocus rates TSE:8968 with a GF Score™ of 64/100 and a GF Value™ of 円177,065.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 680 REITs companies, Fukuoka REIT ranks worse than 85.74% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Fukuoka REIT's Gross Profit for the six months ended in Feb. 2026 was 円5,284 Mil. Fukuoka REIT's Revenue for the six months ended in Feb. 2026 was 円10,823 Mil. Therefore, Fukuoka REIT's Gross Margin % for the quarter that ended in Feb. 2026 was 48.83%.


The historical rank and industry rank for Fukuoka REIT's Gross Margin % or its related term are showing as below:

TSE:8968' s Gross Margin % Range Over the Past 10 Years
Min: 42.74   Med: 43.7   Max: 49.13
Current: 49.13


During the past 13 years, the highest Gross Margin % of Fukuoka REIT was 49.13%. The lowest was 42.74%. And the median was 43.70%.

TSE:8968's Gross Margin % is ranked worse than
85.74% of 680 companies
in the REITs industry
Industry Median: 69.61 vs TSE:8968: 49.13

Fukuoka REIT had a gross margin of 48.83% for the quarter that ended in Feb. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fukuoka REIT was 1.00% per year.


Fukuoka REIT  (TSE:8968) 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

Fukuoka REIT had a gross margin of 48.83% 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.


Fukuoka REIT Gross Margin % Related Terms


Fukuoka REIT Gross Margin % Historical Data

* Premium members only.

The historical data trend for Fukuoka REIT'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.

Fukuoka REIT Gross Margin % Chart

Fukuoka REIT Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.74 42.83 44.05 43.35 45.42

Fukuoka REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Gross 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 45.42 45.42 49.66 49.43 48.83

TSE:8968 vs VICI, WPC: Gross Margin % Comparison

For the REIT - Diversified subindustry, Fukuoka REIT'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.


Fukuoka REIT Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Fukuoka REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fukuoka REIT's Gross Margin % falls into.


TSE:8968
64GF Score
Fukuoka REIT Corp TSE:8968
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fukuoka REIT Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Fukuoka REIT's Gross Margin for the fiscal year that ended in Aug. 2024 is calculated as

Gross Margin % (A: Aug. 2024 )=Gross Profit (A: Aug. 2024 ) / Revenue (A: Aug. 2024 )
=8768.8 / 19304.822
=(Revenue - Cost of Goods Sold) / Revenue
=(19304.822 - 10536.072) / 19304.822
=45.42 %

Fukuoka REIT's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=5284.1 / 10822.543
=(Revenue - Cost of Goods Sold) / Revenue
=(10822.543 - 5538.425) / 10822.543
=48.83 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 48.83% mean?
Fukuoka REIT (TSE:8968) has a Gross Margin % of 48.83% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Fukuoka REIT and its competitors. This is 12% above median its historical median of 43.70. Over the past decade, Fukuoka REIT's Gross Margin % has ranged from 42.74 to 49.13. According to the industry distribution chart, Fukuoka REIT ranks #583 out of 680 companies in the REITs industry, placing it in the top 85.7%.
Is Fukuoka REIT's Gross Margin % too high?
Fukuoka REIT's current Gross Margin % of 48.83% is 12% above median its 10-year median of 43.70. Over the past 10 years, this metric has ranged from a low of 42.74 to a high of 49.13. The REITs industry median Gross Margin % is 69.61. Fukuoka REIT's value of 48.83% is 29.9% below this industry median. Based on the distribution chart, Fukuoka REIT ranks #583 out of 680 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Fukuoka REIT has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fukuoka REIT's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Fukuoka REIT ranks #583 out of 680 companies for Gross Margin %. This places Fukuoka REIT in the lower half of its industry. The industry median Gross Margin % is 69.61. Fukuoka REIT's value of 48.83% is 29.9% below this benchmark. Historically, Fukuoka REIT's own Gross Margin % has ranged from 42.74 to 49.13 over the past decade. While the company's 10-year median is 43.70 vs. the industry median of 69.61, Fukuoka REIT 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 69.61, based on 680 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. Fukuoka REIT's current Gross Margin % of 48.83% is 29.9% 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 Fukuoka REIT and its competitors. For the REITs industry, the median Gross Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fukuoka REIT's current Gross Margin % is 48.83%, which is 12% above median its own 10-year median of 43.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukuoka REIT stock overvalued right now?
Based on GuruFocus' analysis, Fukuoka REIT (TSE:8968) is currently considered Fairly Valued. The stock's GF Value™ is 円177,065.64, compared to a current price of 円170,500.00 — trading 3.7% below its estimated fair value. The current Gross Margin % is 48.83%, which is 12% above median its 10-year median of 43.70 and 29.9% below the REITs industry median of 69.61. Fukuoka REIT's overall GF Score™ is 64/100 with 4 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 Fukuoka REIT (TSE:8968), the current Gross Margin % is 48.83% 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 Fukuoka REIT (TSE:8968) Overvalued in 2026?

Based on GuruFocus' analysis, Fukuoka REIT stock appears to be undervalued. The current stock price of 円170,500.00 is trading 3.7% below its estimated GF Value™ of 円177,065.64. GuruFocus considers Fukuoka REIT to be Fairly Valued.

Key valuation signals for TSE:8968:

  • Gross Margin %: 48.83% (12% above median its 10-year median of 43.70)
  • GF Value™: 円177,065.64 vs. price of 円170,500.00 (3.7% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 29.9% below the REITs median (#583 of 680)

No single metric tells the full story. See the TSE:8968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fukuoka REIT Business Description

Industry Real EstateREITs
Address 1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018
Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.
64GF Score

Get the complete analysis for TSE:8968

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

円170,500.00
Price
円177,065.64
GF Value