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NIPPON REIT Investment (TSE:3296) 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 REIT Investment Net Margin % Related Terms
NIPPON REIT Investment Net 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.
TSE:3296 vs BXP, ARE, VNO: Net Margin % Comparison
For the REIT - Office subindustry, NIPPON REIT Investment'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 REIT Investment Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, NIPPON REIT Investment's Net Margin % distribution charts can be found below:
* The bar in red indicates where NIPPON REIT Investment'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 REIT Investment (TSE:3296) has a Net Margin % of 26.37% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on NIPPON REIT Investment and its competitors. This is 42% below median its historical median of 45.53. Over the past decade, NIPPON REIT Investment's Net Margin % has ranged from 9.63 to 56.15. According to the industry distribution chart, NIPPON REIT Investment ranks #383 out of 922 companies in the REITs industry, placing it in the top 41.5%.
Is NIPPON REIT Investment's Net Margin % too high?
NIPPON REIT Investment's current Net Margin % of 26.37% is 42% below median its 10-year median of 45.53. Over the past 10 years, this metric has ranged from a low of 9.63 to a high of 56.15. The REITs industry median Net Margin % is 45.50. NIPPON REIT Investment's value of 26.37% is 42% below this industry median. Based on the distribution chart, NIPPON REIT Investment ranks #383 out of 922 companies in the REITs industry, which is above the industry midpoint. Overall, NIPPON REIT Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIPPON REIT Investment's Net Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, NIPPON REIT Investment ranks #383 out of 922 companies for Net Margin %. This puts NIPPON REIT Investment in the upper half of its industry. The industry median Net Margin % is 45.50. NIPPON REIT Investment's value of 26.37% is 42% below this benchmark. Historically, NIPPON REIT Investment's own Net Margin % has ranged from 9.63 to 56.15 over the past decade. While the company's 10-year median is 45.53 vs. the industry median of 45.50, NIPPON REIT 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.50, based on 922 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 REIT Investment's current Net Margin % of 26.37% is 42% 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 REIT Investment and its competitors. For the REITs industry, the median Net Margin % is 45.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON REIT Investment's current Net Margin % is 26.37%, which is 42% below median its own 10-year median of 45.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, NIPPON REIT Investment (TSE:3296) is currently considered Modestly Undervalued. The stock's GF Value™ is 円97,871.47, compared to a current price of 円80,700.00 — trading 17.5% below its estimated fair value. The current Net Margin % is 26.37%, which is 42% below median its 10-year median of 45.53 and 42% below the REITs industry median of 45.50. NIPPON REIT Investment's overall GF Score™ is 64/100 with 3 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 REIT Investment (TSE:3296), the current Net Margin % is 26.37% as of Jun. 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 NIPPON REIT Investment (TSE:3296) Overvalued in 2026?
Based on GuruFocus' analysis, NIPPON REIT Investment stock appears to be undervalued.
The current stock price of 円80,700.00 is trading 17.5% below its estimated GF Value™ of 円97,871.47.
GuruFocus considers NIPPON REIT Investment to be Modestly Undervalued.
Key valuation signals for TSE:3296:
Net Margin %: 26.37% (42% below median its 10-year median of 45.53)
GF Value™: 円97,871.47 vs. price of 円80,700.00 (17.5% below fair value)
Industry Position: 42% below the REITs median (#383 of 922)
No single metric tells the full story. See the TSE:3296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders principally in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.
64GF 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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