Tokaido REIT (TSE:2989) OCF Margin %: 84.14% (As of Jan. 2026) — 36% Above Median


TSE:2989 Tokaido REIT Inc TSE:2989
48 GF Score
Price 円102,000.00
GF Value 円129,230.13
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Tokaido REIT OCF Margin %?

Tokaido REIT TSE:2989 +0.59% 48 OCF Margin % is 84.14% as of Jan. 2026, which is 36% above its 10-year median of 61.97. GuruFocus rates TSE:2989 with a GF Score™ of 48/100 and a GF Value™ of 円129,230.13 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 936 REITs companies, Tokaido REIT ranks better than 82.69% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Tokaido REIT's Cash Flow from Operations for the six months ended in Jan. 2026 was 円1,949 Mil. Tokaido REIT's Revenue for the six months ended in Jan. 2026 was 円2,316 Mil. Therefore, Tokaido REIT's OCF Margin % for the quarter that ended in Jan. 2026 was 84.14%.

As of today, Tokaido REIT's current OCF Yield % is 9.91%.

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

TSE:2989' s OCF Margin % Range Over the Past 10 Years
Min: 38.76   Med: 61.97   Max: 74.05
Current: 84.19


During the past 5 years, the highest OCF Margin % of Tokaido REIT was 74.05%. The lowest was 38.76%. And the median was 61.97%.

TSE:2989's OCF Margin % is ranked better than
82.69% of 936 companies
in the REITs industry
Industry Median: 49.395 vs TSE:2989: 84.19


Tokaido REIT OCF Margin % Related Terms


Tokaido REIT OCF Margin % Historical Data

* Premium members only.

The historical data trend for Tokaido REIT'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.

Tokaido REIT OCF Margin % Chart

Tokaido REIT Annual Data
Trend Jul21 Jan22 Jul23 Jul24 Jul25
OCF Margin %
0.00 38.76 55.14 68.79 74.05

Tokaido REIT Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.91 58.32 62.36 84.24 84.14

TSE:2989 vs VICI, WPC: OCF Margin % Comparison

For the REIT - Diversified subindustry, Tokaido REIT'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.


Tokaido REIT OCF Margin % vs REITs Industry

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

* The bar in red indicates where Tokaido REIT's OCF Margin % falls into.


TSE:2989
48GF Score
Tokaido REIT Inc TSE:2989
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokaido REIT OCF Margin % Calculation

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

Tokaido REIT's OCF Margin for the fiscal year that ended in Jul. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Jul. 2025 )/Revenue (A: Jul. 2025 )
=3195.865/4315.92
=74.05 %

Tokaido REIT's OCF Margin for the quarter that ended in Jan. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=1948.833/2316.312
=84.14 %

* 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 84.14% mean?
Tokaido REIT (TSE:2989) has a OCF Margin % of 84.14% as of Jan. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Tokaido REIT and its competitors. This is 36% above median its historical median of 61.97. Over the past decade, Tokaido REIT's OCF Margin % has ranged from 38.76 to 74.05. According to the industry distribution chart, Tokaido REIT ranks #162 out of 936 companies in the REITs industry, placing it in the top 17.3%.
Is Tokaido REIT's OCF Margin % too high?
Tokaido REIT's current OCF Margin % of 84.14% is 36% above median its 10-year median of 61.97. Over the past 10 years, this metric has ranged from a low of 38.76 to a high of 74.05. The REITs industry median OCF Margin % is 49.40. Tokaido REIT's value of 84.14% is 70.3% above this industry median. Based on the distribution chart, Tokaido REIT ranks #162 out of 936 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Tokaido REIT has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tokaido REIT's OCF Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Tokaido REIT ranks #162 out of 936 companies for OCF Margin %. This places Tokaido REIT in the top 17% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 49.40. Tokaido REIT's value of 84.14% is 70.3% above this benchmark. Historically, Tokaido REIT's own OCF Margin % has ranged from 38.76 to 74.05 over the past decade. While the company's 10-year median is 61.97 vs. the industry median of 49.40, Tokaido 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 OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.40, based on 936 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. Tokaido REIT's current OCF Margin % of 84.14% is 70.3% 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 Tokaido REIT and its competitors. For the REITs industry, the median OCF Margin % is 49.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokaido REIT's current OCF Margin % is 84.14%, which is 36% above median its own 10-year median of 61.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokaido REIT stock overvalued right now?
Based on GuruFocus' analysis, Tokaido REIT (TSE:2989) is currently considered Modestly Undervalued. The stock's GF Value™ is 円129,230.13, compared to a current price of 円102,000.00 — trading 21.1% below its estimated fair value. The current OCF Margin % is 84.14%, which is 36% above median its 10-year median of 61.97 and 70.3% above the REITs industry median of 49.40. Tokaido REIT's overall GF Score™ is 48/100 with 4 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 Tokaido REIT (TSE:2989), the current OCF Margin % is 84.14% as of Jan. 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 Tokaido REIT (TSE:2989) Overvalued in 2026?

Based on GuruFocus' analysis, Tokaido REIT stock appears to be undervalued. The current stock price of 円102,000.00 is trading 21.1% below its estimated GF Value™ of 円129,230.13. GuruFocus considers Tokaido REIT to be Modestly Undervalued.

Key valuation signals for TSE:2989:

  • OCF Margin %: 84.14% (36% above median its 10-year median of 61.97)
  • GF Value™: 円129,230.13 vs. price of 円102,000.00 (21.1% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 70.3% above the REITs median (#162 of 936)

No single metric tells the full story. See the TSE:2989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokaido REIT Business Description

Industry Real EstateREITs
Address 2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.
48GF Score

Get the complete analysis for TSE:2989

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

円102,000.00
Price
円129,230.13
GF Value