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The historical rank and industry rank for Heiwa Real Estate REIT's Net Margin % or its related term are showing as below:
TSE:8966'
s Net Margin % Range Over the Past 10 Years
Min: 25.42 Med: 44.49 Max: 48.62
Current: 48.36
TSE:8966's Net Margin % is ranked better than 53.68% of 924
companies
in the REITs industry
Industry Median: 45.23
vs TSE:8966: 48.36
Heiwa Real Estate REIT (TSE:8966) 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.
Heiwa Real Estate REIT Net Margin % Related Terms
Heiwa Real Estate REIT 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.
For the REIT - Diversified subindustry, Heiwa Real Estate REIT'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.
Heiwa Real Estate REIT Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Heiwa Real Estate REIT's Net Margin % distribution charts can be found below:
* The bar in red indicates where Heiwa Real Estate REIT'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.
Heiwa Real Estate REIT (TSE:8966) has a Net Margin % of 48.64% as of Nov. 2025. Net margin is the ratio of total net income to net sales. View historical data on Heiwa Real Estate REIT and its competitors. This is near median its historical median of 44.49. Over the past decade, Heiwa Real Estate REIT's Net Margin % has ranged from 25.42 to 48.62. According to the industry distribution chart, Heiwa Real Estate REIT ranks #428 out of 924 companies in the REITs industry, placing it in the top 46.3%.
Is Heiwa Real Estate REIT's Net Margin % too high?
Heiwa Real Estate REIT's current Net Margin % of 48.64% is near median its 10-year median of 44.49. Over the past 10 years, this metric has ranged from a low of 25.42 to a high of 48.62. The REITs industry median Net Margin % is 45.23. Heiwa Real Estate REIT's value of 48.64% is 7.5% above this industry median. Based on the distribution chart, Heiwa Real Estate REIT ranks #428 out of 924 companies in the REITs industry, which is above the industry midpoint. Overall, Heiwa Real Estate REIT has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heiwa Real Estate REIT's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Heiwa Real Estate REIT ranks #428 out of 924 companies for Net Margin %. This puts Heiwa Real Estate REIT in the upper half of its industry. The industry median Net Margin % is 45.23. Heiwa Real Estate REIT's value of 48.64% is 7.5% above this benchmark. Historically, Heiwa Real Estate REIT's own Net Margin % has ranged from 25.42 to 48.62 over the past decade. While the company's 10-year median is 44.49 vs. the industry median of 45.23, Heiwa Real Estate REIT has consistently been above 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 45.23, based on 924 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. Heiwa Real Estate REIT's current Net Margin % of 48.64% is 7.5% above 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 Heiwa Real Estate REIT and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heiwa Real Estate REIT's current Net Margin % is 48.64%, which is near median its own 10-year median of 44.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Real Estate REIT stock overvalued right now?
Based on GuruFocus' analysis, Heiwa Real Estate REIT (TSE:8966) is currently considered Modestly Undervalued. The stock's GF Value™ is 円163,138.94, compared to a current price of 円135,500.00 — trading 16.9% below its estimated fair value. The current Net Margin % is 48.64%, which is near median its 10-year median of 44.49 and 7.5% above the REITs industry median of 45.23. Heiwa Real Estate REIT's overall GF Score™ is 70/100 with 4 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 Heiwa Real Estate REIT (TSE:8966), the current Net Margin % is 48.64% as of Nov. 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 Heiwa Real Estate REIT (TSE:8966) Overvalued in 2026?
Based on GuruFocus' analysis, Heiwa Real Estate REIT stock appears to be undervalued.
The current stock price of 円135,500.00 is trading 16.9% below its estimated GF Value™ of 円163,138.94.
GuruFocus considers Heiwa Real Estate REIT to be Modestly Undervalued.
Key valuation signals for TSE:8966:
Net Margin %: 48.64% (near median its 10-year median of 44.49)
GF Value™: 円163,138.94 vs. price of 円135,500.00 (16.9% below fair value)
Industry Position: 7.5% above the REITs median (#428 of 924)
No single metric tells the full story. See the TSE:8966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heiwa Real Estate REIT Inc is a real estate company that invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services.
70GF 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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