Fukuoka REIT (TSE:8968) Net Margin %: 37.01% (As of Feb. 2026) — 17% Above Median


TSE:8968 Fukuoka REIT Corp TSE:8968
64 GF Score
Price 円173,100.00
GF Value 円177,136.95
Valuation Fairly Valued
! 5 Warning Signs
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What is Fukuoka REIT Net Margin %?

Fukuoka REIT TSE:8968 +1.47% 64 Net Margin % is 37.01% as of Feb. 2026, which is 17% above its 10-year median of 31.69. GuruFocus rates TSE:8968 with a GF Score™ of 64/100 and a GF Value™ of 円177,136.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 928 REITs companies, Fukuoka REIT ranks worse than 58.3% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Fukuoka REIT's Net Income for the six months ended in Feb. 2026 was 円4,006 Mil. Fukuoka REIT's Revenue for the six months ended in Feb. 2026 was 円10,823 Mil. Therefore, Fukuoka REIT's net margin for the quarter that ended in Feb. 2026 was 37.01%.

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

TSE:8968' s Net Margin % Range Over the Past 10 Years
Min: 21.76   Med: 31.69   Max: 37.84
Current: 37.29


TSE:8968's Net Margin % is ranked worse than
58.3% of 928 companies
in the REITs industry
Industry Median: 44.95 vs TSE:8968: 37.29

Fukuoka REIT  (TSE:8968) 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.


Fukuoka REIT Net Margin % Related Terms


Fukuoka REIT Net Margin % Historical Data

* Premium members only.

The historical data trend for Fukuoka REIT'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.

Fukuoka REIT Net Margin % Chart

Fukuoka REIT Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.03 30.91 32.13 31.86 33.39

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
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 33.39 33.39 38.14 37.57 37.01

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

For the REIT - Diversified subindustry, Fukuoka 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.


Fukuoka REIT Net Margin % vs REITs Industry

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

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


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

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

Net Margin=Net Income (A: Aug. 2024 )/Revenue (A: Aug. 2024 )
=6446.086/19304.822
=33.39 %

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

Net Margin=Net Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=4005.704/10822.543
=37.01 %

* 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 37.01% mean?
Fukuoka REIT (TSE:8968) has a Net Margin % of 37.01% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Fukuoka REIT and its competitors. This is 17% above median its historical median of 31.69. Over the past decade, Fukuoka REIT's Net Margin % has ranged from 21.76 to 37.84. According to the industry distribution chart, Fukuoka REIT ranks #541 out of 928 companies in the REITs industry, placing it in the top 58.3%.
Is Fukuoka REIT's Net Margin % too high?
Fukuoka REIT's current Net Margin % of 37.01% is 17% above median its 10-year median of 31.69. Over the past 10 years, this metric has ranged from a low of 21.76 to a high of 37.84. The REITs industry median Net Margin % is 44.95. Fukuoka REIT's value of 37.01% is 17.7% below this industry median. Based on the distribution chart, Fukuoka REIT ranks #541 out of 928 companies in the REITs industry, which is below the industry midpoint. 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 Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Fukuoka REIT ranks #541 out of 928 companies for Net Margin %. This places Fukuoka REIT in the lower half of its industry. The industry median Net Margin % is 44.95. Fukuoka REIT's value of 37.01% is 17.7% below this benchmark. Historically, Fukuoka REIT's own Net Margin % has ranged from 21.76 to 37.84 over the past decade. While the company's 10-year median is 31.69 vs. the industry median of 44.95, 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 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. Fukuoka REIT's current Net Margin % of 37.01% is 17.7% 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 Fukuoka REIT 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. Fukuoka REIT's current Net Margin % is 37.01%, which is 17% above median its own 10-year median of 31.69. 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177,136.95, compared to a current price of 円173,100.00 — trading 2.3% below its estimated fair value. The current Net Margin % is 37.01%, which is 17% above median its 10-year median of 31.69 and 17.7% below the REITs industry median of 44.95. Fukuoka REIT's overall GF Score™ is 64/100 with 5 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 Fukuoka REIT (TSE:8968), the current Net Margin % is 37.01% 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173,100.00 is trading 2.3% below its estimated GF Value™ of 円177,136.95. GuruFocus considers Fukuoka REIT to be Fairly Valued.

Key valuation signals for TSE:8968:

  • Net Margin %: 37.01% (17% above median its 10-year median of 31.69)
  • GF Value™: 円177,136.95 vs. price of 円173,100.00 (2.3% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 17.7% below the REITs median (#541 of 928)

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

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

円173,100.00
Price
円177,136.95
GF Value