Hankyu Hanshin REIT (TSE:8977) Net Margin %: 36.27% (As of Nov. 2025) — Near Median


TSE:8977 Hankyu Hanshin REIT Inc TSE:8977
58 GF Score
Price 円139,900.00
GF Value 円161,504.99
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hankyu Hanshin REIT Net Margin %?

Hankyu Hanshin REIT TSE:8977 +1.16% 58 Net Margin % is 36.27% as of Nov. 2025, which is 0% above its 10-year median of 36.14. GuruFocus rates TSE:8977 with a GF Score™ of 58/100 and a GF Value™ of 円161,504.99 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 928 REITs companies, Hankyu Hanshin REIT ranks worse than 58.84% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Hankyu Hanshin REIT's Net Income for the six months ended in Nov. 2025 was 円2,359 Mil. Hankyu Hanshin REIT's Revenue for the six months ended in Nov. 2025 was 円6,504 Mil. Therefore, Hankyu Hanshin REIT's net margin for the quarter that ended in Nov. 2025 was 36.27%.

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

TSE:8977' s Net Margin % Range Over the Past 10 Years
Min: 31.49   Med: 36.14   Max: 37.1
Current: 37.1


TSE:8977's Net Margin % is ranked worse than
58.84% of 928 companies
in the REITs industry
Industry Median: 45.23 vs TSE:8977: 37.10

Hankyu Hanshin REIT  (TSE:8977) 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.


Hankyu Hanshin REIT Net Margin % Related Terms


Hankyu Hanshin REIT Net Margin % Historical Data

* Premium members only.

The historical data trend for Hankyu Hanshin 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.

Hankyu Hanshin REIT Net Margin % Chart

Hankyu Hanshin REIT Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.11 36.81 36.17 35.21 37.10

Hankyu Hanshin REIT Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 36.01 35.16 35.25 37.95 36.27

TSE:8977 vs VICI, WPC: Net Margin % Comparison

For the REIT - Diversified subindustry, Hankyu Hanshin 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.


Hankyu Hanshin REIT Net Margin % vs REITs Industry

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

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


TSE:8977
58GF Score
Hankyu Hanshin REIT Inc TSE:8977
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hankyu Hanshin 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.

Hankyu Hanshin REIT's Net Margin for the fiscal year that ended in Nov. 2025 is calculated as

Net Margin=Net Income (A: Nov. 2025 )/Revenue (A: Nov. 2025 )
=4794.313/12922.106
=37.10 %

Hankyu Hanshin REIT's Net Margin for the quarter that ended in Nov. 2025 is calculated as

Net Margin=Net Income (Q: Nov. 2025 )/Revenue (Q: Nov. 2025 )
=2358.787/6504.153
=36.27 %

* 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 36.27% mean?
Hankyu Hanshin REIT (TSE:8977) has a Net Margin % of 36.27% as of Nov. 2025. Net margin is the ratio of total net income to net sales. View historical data on Hankyu Hanshin REIT and its competitors. This is near median its historical median of 36.14. Over the past decade, Hankyu Hanshin REIT's Net Margin % has ranged from 31.49 to 37.10. According to the industry distribution chart, Hankyu Hanshin REIT ranks #546 out of 928 companies in the REITs industry, placing it in the top 58.8%.
Is Hankyu Hanshin REIT's Net Margin % too high?
Hankyu Hanshin REIT's current Net Margin % of 36.27% is near median its 10-year median of 36.14. Over the past 10 years, this metric has ranged from a low of 31.49 to a high of 37.10. The REITs industry median Net Margin % is 45.23. Hankyu Hanshin REIT's value of 36.27% is 19.8% below this industry median. Based on the distribution chart, Hankyu Hanshin REIT ranks #546 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Hankyu Hanshin REIT has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Hankyu Hanshin REIT ranks #546 out of 928 companies for Net Margin %. This places Hankyu Hanshin REIT in the lower half of its industry. The industry median Net Margin % is 45.23. Hankyu Hanshin REIT's value of 36.27% is 19.8% below this benchmark. Historically, Hankyu Hanshin REIT's own Net Margin % has ranged from 31.49 to 37.10 over the past decade. While the company's 10-year median is 36.14 vs. the industry median of 45.23, Hankyu Hanshin 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 45.23, 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. Hankyu Hanshin REIT's current Net Margin % of 36.27% is 19.8% 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 Hankyu Hanshin 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. Hankyu Hanshin REIT's current Net Margin % is 36.27%, which is near median its own 10-year median of 36.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円161,504.99, compared to a current price of 円139,900.00 — trading 13.4% below its estimated fair value. The current Net Margin % is 36.27%, which is near median its 10-year median of 36.14 and 19.8% below the REITs industry median of 45.23. Hankyu Hanshin REIT's overall GF Score™ is 58/100 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 Hankyu Hanshin REIT (TSE:8977), the current Net Margin % is 36.27% 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?

Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued. The current stock price of 円139,900.00 is trading 13.4% below its estimated GF Value™ of 円161,504.99. GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.

Key valuation signals for TSE:8977:

  • Net Margin %: 36.27% (near median its 10-year median of 36.14)
  • GF Value™: 円161,504.99 vs. price of 円139,900.00 (13.4% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 19.8% below the REITs median (#546 of 928)

No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hankyu Hanshin REIT Business Description

Industry Real EstateREITs
Address 19-19, Chayamachi, Applause Tower, 19th floor, Osaka, JPN, 530-0013
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
58GF Score

Get the complete analysis for TSE:8977

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

円139,900.00
Price
円161,504.99
GF Value