Hoshino Resorts REITTSE:3287 +1.27%61 Operating Margin % is 51.96% as of Apr. 2026, which is 5% above its 10-year median of 49.27. GuruFocus rates TSE:3287 with a GF Score™ of 61/100 and a GF Value™ of 円306,157.34 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 750 REITs companies, Hoshino Resorts REIT ranks worse than 53.33% on this metric.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Hoshino Resorts REIT Operating Margin % Related Terms
Hoshino Resorts REIT Operating Margin % Historical Data
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The historical data trend for Hoshino Resorts REIT's Operating 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.
TSE:3287 vs HST, RHP, APLE: Operating Margin % Comparison
For the REIT - Hotel & Motel subindustry, Hoshino Resorts REIT's Operating Margin %, along with its competitors' market caps and Operating 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.
Hoshino Resorts REIT Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Hoshino Resorts REIT's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Hoshino Resorts REIT's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Hoshino Resorts REIT's Operating Margin % for the fiscal year that ended in Oct. 2025 is calculated as
* 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.
Hoshino Resorts REIT (TSE:3287) has a Operating Margin % of 51.96% as of Apr. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Hoshino Resorts REIT and its competitors. This is near median its historical median of 49.27. Over the past decade, Hoshino Resorts REIT's Operating Margin % has ranged from 38.83 to 55.41. According to the industry distribution chart, Hoshino Resorts REIT ranks #400 out of 750 companies in the REITs industry, placing it in the top 53.3%.
Is Hoshino Resorts REIT's Operating Margin % too high?
Hoshino Resorts REIT's current Operating Margin % of 51.96% is near median its 10-year median of 49.27. Over the past 10 years, this metric has ranged from a low of 38.83 to a high of 55.41. The REITs industry median Operating Margin % is 52.67. Hoshino Resorts REIT's value of 51.96% is 1.3% below this industry median. Based on the distribution chart, Hoshino Resorts REIT ranks #400 out of 750 companies in the REITs industry, which is below the industry midpoint. Overall, Hoshino Resorts REIT has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoshino Resorts REIT's Operating Margin % compare to HST and RHP?
According to the REITs industry distribution chart, Hoshino Resorts REIT ranks #400 out of 750 companies for Operating Margin %. This places Hoshino Resorts REIT in the lower half of its industry. The industry median Operating Margin % is 52.67. Hoshino Resorts REIT's value of 51.96% is 1.3% below this benchmark. Historically, Hoshino Resorts REIT's own Operating Margin % has ranged from 38.83 to 55.41 over the past decade. While the company's 10-year median is 49.27 vs. the industry median of 52.67, Hoshino Resorts 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 Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.67, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hoshino Resorts REIT's current Operating Margin % of 51.96% is 1.3% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Hoshino Resorts REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoshino Resorts REIT's current Operating Margin % is 51.96%, which is near median its own 10-year median of 49.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshino Resorts REIT stock overvalued right now?
Based on GuruFocus' analysis, Hoshino Resorts REIT (TSE:3287) is currently considered Modestly Undervalued. The stock's GF Value™ is 円306,157.34, compared to a current price of 円238,300.00 — trading 22.2% below its estimated fair value. The current Operating Margin % is 51.96%, which is near median its 10-year median of 49.27 and 1.3% below the REITs industry median of 52.67. Hoshino Resorts REIT's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Hoshino Resorts REIT (TSE:3287), the current Operating Margin % is 51.96% 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 Hoshino Resorts REIT (TSE:3287) Overvalued in 2026?
Based on GuruFocus' analysis, Hoshino Resorts REIT stock appears to be undervalued.
The current stock price of 円238,300.00 is trading 22.2% below its estimated GF Value™ of 円306,157.34.
GuruFocus considers Hoshino Resorts REIT to be Modestly Undervalued.
Key valuation signals for TSE:3287:
Operating Margin %: 51.96% (near median its 10-year median of 49.27)
GF Value™: 円306,157.34 vs. price of 円238,300.00 (22.2% below fair value)
Industry Position: 1.3% below the REITs median (#400 of 750)
No single metric tells the full story. See the TSE:3287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.
61GF Score
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