FESNF (First Real Estate Investment Trust) Net Margin %: 10.09% (As of Dec. 2025) — 75% Below Median


FESNF First Real Estate Investment Trust FESNF
43 GF Score
Price $0.19
GF Value $0.19
Valuation Fairly Valued
! 6 Warning Signs
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What is First Real Estate Investment Trust Net Margin %?

First Real Estate Investment Trust FESNF 43 Net Margin % is 10.09% as of Dec. 2025, which is 75% below its 10-year median of 40.07. GuruFocus rates FESNF with a GF Score™ of 43/100 and a GF Value™ of $0.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 928 REITs companies, First Real Estate Investment Trust ranks worse than 64.22% on this metric.

Net margin is calculated as Net Income divided by its Revenue. First Real Estate Investment Trust's Net Income for the six months ended in Dec. 2025 was $3.91 Mil. First Real Estate Investment Trust's Revenue for the six months ended in Dec. 2025 was $38.79 Mil. Therefore, First Real Estate Investment Trust's net margin for the quarter that ended in Dec. 2025 was 10.09%.

The historical rank and industry rank for First Real Estate Investment Trust's Net Margin % or its related term are showing as below:

FESNF' s Net Margin % Range Over the Past 10 Years
Min: -444.31   Med: 40.07   Max: 66.16
Current: 28.83


FESNF's Net Margin % is ranked worse than
64.22% of 928 companies
in the REITs industry
Industry Median: 44.95 vs FESNF: 28.83

First Real Estate Investment Trust  (OTCPK:FESNF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Real Estate Investment Trust Net Margin % Related Terms


First Real Estate Investment Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for First Real Estate Investment Trust's Net 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.

First Real Estate Investment Trust Net Margin % Chart

First Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.67 30.18 58.34 35.96 28.83

First Real Estate Investment Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net 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 80.40 39.46 32.34 47.42 10.09

FESNF vs WELL, VTR, OHI: Net Margin % Comparison

For the REIT - Healthcare Facilities subindustry, First Real Estate Investment Trust's Net Margin %, along with its competitors' market caps and Net 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.


First Real Estate Investment Trust Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, First Real Estate Investment Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Real Estate Investment Trust's Net Margin % falls into.


FESNF
43GF Score
First Real Estate Investment Trust FESNF
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Real Estate Investment Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

First Real Estate Investment Trust's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=22.454/77.885
=28.83 %

First Real Estate Investment Trust's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=3.912/38.788
=10.09 %

* 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 Net Margin % →
What does a Net Margin % of 10.09% mean?
First Real Estate Investment Trust (FESNF) has a Net Margin % of 10.09% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on First Real Estate Investment Trust and its competitors. This is 75% below median its historical median of 40.07. According to the industry distribution chart, First Real Estate Investment Trust ranks #596 out of 928 companies in the REITs industry, placing it in the top 64.2%.
Is First Real Estate Investment Trust's Net Margin % too high?
First Real Estate Investment Trust's current Net Margin % of 10.09% is 75% below median its 10-year median of 40.07. The REITs industry median Net Margin % is 44.95. First Real Estate Investment Trust's value of 10.09% is 77.6% below this industry median. Based on the distribution chart, First Real Estate Investment Trust ranks #596 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, First Real Estate Investment Trust has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust's Net Margin % compare to WELL and VTR?
According to the REITs industry distribution chart, First Real Estate Investment Trust ranks #596 out of 928 companies for Net Margin %. This places First Real Estate Investment Trust in the lower half of its industry. The industry median Net Margin % is 44.95. First Real Estate Investment Trust's value of 10.09% is 77.6% below this benchmark. While the company's 10-year median is 40.07 vs. the industry median of 44.95, First Real Estate Investment Trust 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 44.95, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Real Estate Investment Trust's current Net Margin % of 10.09% is 77.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on First Real Estate Investment Trust and its competitors. For the REITs industry, the median Net Margin % is 44.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Real Estate Investment Trust's current Net Margin % is 10.09%, which is 75% below median its own 10-year median of 40.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, First Real Estate Investment Trust (FESNF) is currently considered Fairly Valued. The stock's GF Value™ is $0.19, compared to a current price of $0.19 — trading right at its estimated fair value. The current Net Margin % is 10.09%, which is 75% below median its 10-year median of 40.07 and 77.6% below the REITs industry median of 44.95. First Real Estate Investment Trust's overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For First Real Estate Investment Trust (FESNF), the current Net Margin % is 10.09% 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 First Real Estate Investment Trust (FESNF) Overvalued in 2026?

Based on GuruFocus' analysis, First Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.19 is trading 0% below its estimated GF Value™ of $0.19. GuruFocus considers First Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for FESNF:

  • Net Margin %: 10.09% (75% below median its 10-year median of 40.07)
  • GF Value™: $0.19 vs. price of $0.19 (0% below fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 77.6% below the REITs median (#596 of 928)

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


First Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges AW9U:SingaporeF1T:Germany
Address 333 Orchard Road, No. 33-02, Singapore, SGP, 238867
First Real Estate Investment Trust is a healthcare real estate investment trust focused on investing in diverse yield-accretive healthcare and healthcare-related real estate assets within and outside of Asia. The Trust has a portfolio of 32 properties across Asia. These include 15 properties in Indonesia comprising 11 hospitals, two integrated hospitals & malls, one integrated hospital & hotel, and one hotel & country club; three nursing homes in Singapore; and 14 nursing homes in Japan.
43GF Score

Get the complete analysis for FESNF

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

$0.19
Price
$0.19
GF Value