Daiwa House REIT Investment (TSE:8984) Net Margin %: 38.09% (As of Feb. 2026) — Near Median

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TSE:8984 Daiwa House REIT Investment Corp TSE:8984
64 GF Score
Price 円124,100.00
GF Value 円127,738.30
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Daiwa House REIT Investment Net Margin %?

Daiwa House REIT Investment TSE:8984 +0.49% 64 Net Margin % is 38.09% as of Feb. 2026, which is 3% above its 10-year median of 36.96. GuruFocus rates TSE:8984 with a GF Score™ of 64/100 and a GF Value™ of 円127,738.30 (Fairly Valued). The stock has 4 warning signs investors should review. Among 923 REITs companies, Daiwa House REIT Investment ranks worse than 55.15% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Daiwa House REIT Investment's Net Income for the six months ended in Feb. 2026 was 円12,213 Mil. Daiwa House REIT Investment's Revenue for the six months ended in Feb. 2026 was 円32,063 Mil. Therefore, Daiwa House REIT Investment's net margin for the quarter that ended in Feb. 2026 was 38.09%.

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

TSE:8984' s Net Margin % Range Over the Past 10 Years
Min: 32.07   Med: 36.96   Max: 42.25
Current: 41.04


TSE:8984's Net Margin % is ranked worse than
55.15% of 923 companies
in the REITs industry
Industry Median: 45.57 vs TSE:8984: 41.04

Daiwa House REIT Investment  (TSE:8984) 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.


Daiwa House REIT Investment Net Margin % Related Terms


Daiwa House REIT Investment Net Margin % Historical Data

* Premium members only.

The historical data trend for Daiwa House REIT Investment'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.

Daiwa House REIT Investment Net Margin % Chart

Daiwa House REIT Investment Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.39 38.12 37.62 33.01 42.25

Daiwa House REIT Investment 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 35.01 31.18 40.62 43.79 38.09

TSE:8984 vs VICI, WPC: Net Margin % Comparison

For the REIT - Diversified subindustry, Daiwa House 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.


Daiwa House REIT Investment Net Margin % vs REITs Industry

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

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


TSE:8984
64GF Score
Daiwa House REIT Investment Corp TSE:8984
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa House REIT Investment 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.

Daiwa House REIT Investment's Net Margin for the fiscal year that ended in Aug. 2025 is calculated as

Net Margin=Net Income (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=28188.246/66721.056
=42.25 %

Daiwa House REIT Investment'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 )
=12213.074/32063.367
=38.09 %

* 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 38.09% mean?
Daiwa House REIT Investment (TSE:8984) has a Net Margin % of 38.09% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Daiwa House REIT Investment and its competitors. This is near median its historical median of 36.96. Over the past decade, Daiwa House REIT Investment's Net Margin % has ranged from 32.07 to 42.25. According to the industry distribution chart, Daiwa House REIT Investment ranks #509 out of 923 companies in the REITs industry, placing it in the top 55.1%.
Is Daiwa House REIT Investment's Net Margin % too high?
Daiwa House REIT Investment's current Net Margin % of 38.09% is near median its 10-year median of 36.96. Over the past 10 years, this metric has ranged from a low of 32.07 to a high of 42.25. The REITs industry median Net Margin % is 45.57. Daiwa House REIT Investment's value of 38.09% is 16.4% below this industry median. Based on the distribution chart, Daiwa House REIT Investment ranks #509 out of 923 companies in the REITs industry, which is below the industry midpoint. Overall, Daiwa House REIT Investment has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House REIT Investment's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Daiwa House REIT Investment ranks #509 out of 923 companies for Net Margin %. This places Daiwa House REIT Investment in the lower half of its industry. The industry median Net Margin % is 45.57. Daiwa House REIT Investment's value of 38.09% is 16.4% below this benchmark. Historically, Daiwa House REIT Investment's own Net Margin % has ranged from 32.07 to 42.25 over the past decade. While the company's 10-year median is 36.96 vs. the industry median of 45.57, Daiwa House 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 45.57, based on 923 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. Daiwa House REIT Investment's current Net Margin % of 38.09% is 16.4% 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 Daiwa House REIT Investment and its competitors. For the REITs industry, the median Net Margin % is 45.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa House REIT Investment's current Net Margin % is 38.09%, which is near median its own 10-year median of 36.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa House REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa House REIT Investment (TSE:8984) is currently considered Fairly Valued. The stock's GF Value™ is 円127,738.30, compared to a current price of 円124,100.00 — trading 2.8% below its estimated fair value. The current Net Margin % is 38.09%, which is near median its 10-year median of 36.96 and 16.4% below the REITs industry median of 45.57. Daiwa House REIT Investment's overall GF Score™ is 64/100 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 Daiwa House REIT Investment (TSE:8984), the current Net Margin % is 38.09% 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 Daiwa House REIT Investment (TSE:8984) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa House REIT Investment stock appears to be undervalued. The current stock price of 円124,100.00 is trading 2.8% below its estimated GF Value™ of 円127,738.30. GuruFocus considers Daiwa House REIT Investment to be Fairly Valued.

Key valuation signals for TSE:8984:

  • Net Margin %: 38.09% (near median its 10-year median of 36.96)
  • GF Value™: 円127,738.30 vs. price of 円124,100.00 (2.8% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 16.4% below the REITs median (#509 of 923)

No single metric tells the full story. See the TSE:8984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa House REIT Investment Business Description

Industry Real EstateREITs
Address 2-4-8, Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.
64GF Score

Get the complete analysis for TSE:8984

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

円124,100.00
Price
円127,738.30
GF Value