Nippon Building Fund (FRA:S4C) OCF Margin %: 64.86% (As of Dec. 2025) — 27% Below Median


FRA:S4C Nippon Building Fund Inc FRA:S4C
57 GF Score
Price €655.00
GF Value €584.52
! 7 Warning Signs
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What is Nippon Building Fund OCF Margin %?

Nippon Building Fund FRA:S4C -3.68% 57 OCF Margin % is 64.86% as of Dec. 2025, which is 27% below its 10-year median of 88.34. GuruFocus rates FRA:S4C with a GF Score™ of 57/100 and a GF Value™ of €584.52. The stock has 7 warning signs investors should review. Among 939 REITs companies, Nippon Building Fund ranks better than 85.09% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Nippon Building Fund's Cash Flow from Operations for the six months ended in Dec. 2025 was €172.5 Mil. Nippon Building Fund's Revenue for the six months ended in Dec. 2025 was €265.9 Mil. Therefore, Nippon Building Fund's OCF Margin % for the quarter that ended in Dec. 2025 was 64.86%.

As of today, Nippon Building Fund's current OCF Yield % is 7.80%.

The historical rank and industry rank for Nippon Building Fund's OCF Margin % or its related term are showing as below:

FRA:S4C' s OCF Margin % Range Over the Past 10 Years
Min: 62.74   Med: 88.34   Max: 156.87
Current: 88.85


During the past 13 years, the highest OCF Margin % of Nippon Building Fund was 156.87%. The lowest was 62.74%. And the median was 88.34%.

FRA:S4C's OCF Margin % is ranked better than
85.09% of 939 companies
in the REITs industry
Industry Median: 49.36 vs FRA:S4C: 88.85


Nippon Building Fund OCF Margin % Related Terms


Nippon Building Fund OCF Margin % Historical Data

* Premium members only.

The historical data trend for Nippon Building Fund's OCF 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.

Nippon Building Fund OCF Margin % Chart

Nippon Building Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156.87 83.19 88.84 108.03 87.83

Nippon Building Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
OCF 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 77.06 143.50 72.95 109.61 64.86

FRA:S4C vs BXP, ARE, VNO: OCF Margin % Comparison

For the REIT - Office subindustry, Nippon Building Fund's OCF Margin %, along with its competitors' market caps and OCF 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 Building Fund OCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Nippon Building Fund's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Nippon Building Fund's OCF Margin % falls into.


FRA:S4C
57GF Score
Nippon Building Fund Inc FRA:S4C
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Building Fund OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Nippon Building Fund's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=479.951/546.452
=87.83 %

Nippon Building Fund's OCF Margin for the quarter that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=172.459/265.909
=64.86 %

* 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 OCF Margin % →
What does a OCF Margin % of 64.86% mean?
Nippon Building Fund (FRA:S4C) has a OCF Margin % of 64.86% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Nippon Building Fund and its competitors. This is 27% below median its historical median of 88.34. Over the past decade, Nippon Building Fund's OCF Margin % has ranged from 62.74 to 156.87. According to the industry distribution chart, Nippon Building Fund ranks #140 out of 939 companies in the REITs industry, placing it in the top 14.9%.
Is Nippon Building Fund's OCF Margin % too high?
Nippon Building Fund's current OCF Margin % of 64.86% is 27% below median its 10-year median of 88.34. Over the past 10 years, this metric has ranged from a low of 62.74 to a high of 156.87. The REITs industry median OCF Margin % is 49.36. Nippon Building Fund's value of 64.86% is 31.4% above this industry median. Based on the distribution chart, Nippon Building Fund ranks #140 out of 939 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Building Fund has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Building Fund's OCF Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Nippon Building Fund ranks #140 out of 939 companies for OCF Margin %. This places Nippon Building Fund in the top 15% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 49.36. Nippon Building Fund's value of 64.86% is 31.4% above this benchmark. Historically, Nippon Building Fund's own OCF Margin % has ranged from 62.74 to 156.87 over the past decade. While the company's 10-year median is 88.34 vs. the industry median of 49.36, Nippon Building Fund 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 OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.36, based on 939 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Building Fund's current OCF Margin % of 64.86% is 31.4% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Nippon Building Fund and its competitors. For the REITs industry, the median OCF Margin % is 49.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Building Fund's current OCF Margin % is 64.86%, which is 27% below median its own 10-year median of 88.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Building Fund stock overvalued right now?
Nippon Building Fund (FRA:S4C) has a current OCF Margin % of 64.86%. The stock's GF Value™ is €584.52, compared to a current price of €655.00 — trading 12.1% above its estimated fair value. The current OCF Margin % is 64.86%, which is 27% below median its 10-year median of 88.34 and 31.4% above the REITs industry median of 49.36. Nippon Building Fund's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Nippon Building Fund (FRA:S4C), the current OCF Margin % is 64.86% as of Dec. 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 Nippon Building Fund (FRA:S4C) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Building Fund stock appears to be overvalued. The current stock price of €655.00 is trading 12.1% above its estimated GF Value™ of €584.52.

Key valuation signals for FRA:S4C:

  • OCF Margin %: 64.86% (27% below median its 10-year median of 88.34)
  • GF Value™: €584.52 vs. price of €655.00 (12.1% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 31.4% above the REITs median (#140 of 939)

No single metric tells the full story. See the FRA:S4C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Building Fund Business Description

Industry Real EstateREITs
Other Exchanges 8951:JapanS4C:Germany
Address 3-1, Nihonbashi Muromachi 2-chome, Muromachi Furukawa Mitsui Building 16th Floor, Chuo-ku, Tokyo, JPN, 103-0022
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio comprises of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
57GF Score

Get the complete analysis for FRA:S4C

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

€655.00
Price
€584.52
GF Value