The historical rank and industry rank for Nippon Building Fund's Net Margin % or its related term are showing as below:
FRA:S4C'
s Net Margin % Range Over the Past 10 Years
Min: 35.39 Med: 40.99 Max: 45.92
Current: 42.95
FRA:S4C's Net Margin % is ranked worse than 52.63% of 933
companies
in the REITs industry
Industry Median: 45.13
vs FRA:S4C: 42.95
Nippon Building Fund (FRA:S4C) 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.
Nippon Building Fund Net Margin % Related Terms
Nippon Building Fund Net Margin % Historical Data
* Premium members only.
The historical data trend for Nippon Building Fund'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.
For the REIT - Office subindustry, Nippon Building Fund'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.
Nippon Building Fund Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Building Fund's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nippon Building Fund's Net 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.
Nippon Building Fund (FRA:S4C) has a Net Margin % of 39.75% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Nippon Building Fund and its competitors. This is near median its historical median of 40.99. Over the past decade, Nippon Building Fund's Net Margin % has ranged from 35.39 to 45.92. According to the industry distribution chart, Nippon Building Fund ranks #491 out of 933 companies in the REITs industry, placing it in the top 52.6%.
Is Nippon Building Fund's Net Margin % too high?
Nippon Building Fund's current Net Margin % of 39.75% is near median its 10-year median of 40.99. Over the past 10 years, this metric has ranged from a low of 35.39 to a high of 45.92. The REITs industry median Net Margin % is 45.13. Nippon Building Fund's value of 39.75% is 11.9% below this industry median. Based on the distribution chart, Nippon Building Fund ranks #491 out of 933 companies in the REITs industry, which is below the industry midpoint. Overall, Nippon Building Fund has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Building Fund's Net Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Nippon Building Fund ranks #491 out of 933 companies for Net Margin %. This places Nippon Building Fund in the lower half of its industry. The industry median Net Margin % is 45.13. Nippon Building Fund's value of 39.75% is 11.9% below this benchmark. Historically, Nippon Building Fund's own Net Margin % has ranged from 35.39 to 45.92 over the past decade. While the company's 10-year median is 40.99 vs. the industry median of 45.13, 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.13, based on 933 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. Nippon Building Fund's current Net Margin % of 39.75% is 11.9% 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 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 Nippon Building Fund and its competitors. For the REITs industry, the median Net Margin % is 45.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Building Fund's current Net Margin % is 39.75%, which is near median its own 10-year median of 40.99. 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 Net Margin % of 39.75%. The stock's GF Value™ is €584.52, compared to a current price of €680.00 — trading 16.3% above its estimated fair value. The current Net Margin % is 39.75%, which is near median its 10-year median of 40.99 and 11.9% below the REITs industry median of 45.13. Nippon Building Fund's overall GF Score™ is 57/100 with 7 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 Nippon Building Fund (FRA:S4C), the current Net Margin % is 39.75% 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 €680.00 is trading 16.3% above its estimated GF Value™ of €584.52.
Key valuation signals for FRA:S4C:
Net Margin %: 39.75% (near median its 10-year median of 40.99)
GF Value™: €584.52 vs. price of €680.00 (16.3% above fair value)
Industry Position: 11.9% below the REITs median (#491 of 933)
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.
57GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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