Starts Proceed Investment (TSE:8979) OCF Margin %: 53.16% (As of Apr. 2026) — 34% Below Median

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TSE:8979 Starts Proceed Investment Corp TSE:8979
64 GF Score
Price 円186,400.00
GF Value 円201,943.69
Valuation Fairly Valued
! 7 Warning Signs
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What is Starts Proceed Investment OCF Margin %?

Starts Proceed Investment TSE:8979 -0.75% 64 OCF Margin % is 53.16% as of Apr. 2026, which is 34% below its 10-year median of 80.36. GuruFocus rates TSE:8979 with a GF Score™ of 64/100 and a GF Value™ of 円201,943.69 (Fairly Valued). The stock has 7 warning signs investors should review. Among 917 REITs companies, Starts Proceed Investment ranks better than 56.82% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Starts Proceed Investment's Cash Flow from Operations for the six months ended in Apr. 2026 was 円1,947 Mil. Starts Proceed Investment's Revenue for the six months ended in Apr. 2026 was 円3,662 Mil. Therefore, Starts Proceed Investment's OCF Margin % for the quarter that ended in Apr. 2026 was 53.16%.

As of today, Starts Proceed Investment's current OCF Yield % is 8.10%.

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

TSE:8979' s OCF Margin % Range Over the Past 10 Years
Min: 54.04   Med: 80.36   Max: 133.82
Current: 56.16


During the past 13 years, the highest OCF Margin % of Starts Proceed Investment was 133.82%. The lowest was 54.04%. And the median was 80.36%.

TSE:8979's OCF Margin % is ranked better than
56.82% of 917 companies
in the REITs industry
Industry Median: 49.4 vs TSE:8979: 56.16


Starts Proceed Investment OCF Margin % Related Terms


Starts Proceed Investment OCF Margin % Historical Data

* Premium members only.

The historical data trend for Starts Proceed Investment'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.

Starts Proceed Investment OCF Margin % Chart

Starts Proceed Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.83 110.21 69.69 96.82 86.88

Starts Proceed Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 70.19 123.35 113.24 59.18 53.16

TSE:8979 vs AVB, EQR, ESS: OCF Margin % Comparison

For the REIT - Residential subindustry, Starts Proceed Investment'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.


Starts Proceed Investment OCF Margin % vs REITs Industry

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

* The bar in red indicates where Starts Proceed Investment's OCF Margin % falls into.


TSE:8979
64GF Score
Starts Proceed Investment Corp TSE:8979
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Starts Proceed Investment OCF Margin % Calculation

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

Starts Proceed Investment's OCF Margin for the fiscal year that ended in Oct. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=6489.46/7469.405
=86.88 %

Starts Proceed Investment's OCF Margin for the quarter that ended in Apr. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=1946.657/3661.957
=53.16 %

* 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 53.16% mean?
Starts Proceed Investment (TSE:8979) has a OCF Margin % of 53.16% as of Apr. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Starts Proceed Investment and its competitors. This is 34% below median its historical median of 80.36. Over the past decade, Starts Proceed Investment's OCF Margin % has ranged from 54.04 to 133.82. According to the industry distribution chart, Starts Proceed Investment ranks #396 out of 917 companies in the REITs industry, placing it in the top 43.2%.
Is Starts Proceed Investment's OCF Margin % too high?
Starts Proceed Investment's current OCF Margin % of 53.16% is 34% below median its 10-year median of 80.36. Over the past 10 years, this metric has ranged from a low of 54.04 to a high of 133.82. The REITs industry median OCF Margin % is 49.40. Starts Proceed Investment's value of 53.16% is 7.6% above this industry median. Based on the distribution chart, Starts Proceed Investment ranks #396 out of 917 companies in the REITs industry, which is above the industry midpoint. Overall, Starts Proceed 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 Starts Proceed Investment's OCF Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Starts Proceed Investment ranks #396 out of 917 companies for OCF Margin %. This puts Starts Proceed Investment in the upper half of its industry. The industry median OCF Margin % is 49.40. Starts Proceed Investment's value of 53.16% is 7.6% above this benchmark. Historically, Starts Proceed Investment's own OCF Margin % has ranged from 54.04 to 133.82 over the past decade. While the company's 10-year median is 80.36 vs. the industry median of 49.40, Starts Proceed Investment 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 917 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. Starts Proceed Investment's current OCF Margin % of 53.16% is 7.6% 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 Starts Proceed Investment 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. Starts Proceed Investment's current OCF Margin % is 53.16%, which is 34% below median its own 10-year median of 80.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Proceed Investment stock overvalued right now?
Based on GuruFocus' analysis, Starts Proceed Investment (TSE:8979) is currently considered Fairly Valued. The stock's GF Value™ is 円201,943.69, compared to a current price of 円186,400.00 — trading 7.7% below its estimated fair value. The current OCF Margin % is 53.16%, which is 34% below median its 10-year median of 80.36 and 7.6% above the REITs industry median of 49.40. Starts Proceed Investment's overall GF Score™ is 64/100 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 Starts Proceed Investment (TSE:8979), the current OCF Margin % is 53.16% as of Apr. 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 Starts Proceed Investment (TSE:8979) Overvalued in 2026?

Based on GuruFocus' analysis, Starts Proceed Investment stock appears to be undervalued. The current stock price of 円186,400.00 is trading 7.7% below its estimated GF Value™ of 円201,943.69. GuruFocus considers Starts Proceed Investment to be Fairly Valued.

Key valuation signals for TSE:8979:

  • OCF Margin %: 53.16% (34% below median its 10-year median of 80.36)
  • GF Value™: 円201,943.69 vs. price of 円186,400.00 (7.7% below fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 7.6% above the REITs median (#396 of 917)

No single metric tells the full story. See the TSE:8979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starts Proceed Investment Business Description

Industry Real EstateREITs
Address 3-1-8 Nihonbashi, Chuo-ku, Tokyo, JPN
Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.
64GF Score

Get the complete analysis for TSE:8979

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

円186,400.00
Price
円201,943.69
GF Value