AEON REIT Investment (TSE:3292) Operating Margin %: 37.45% (As of Jan. 2026) — Near Median


TSE:3292 AEON REIT Investment Corp TSE:3292
57 GF Score
Price 円121,500.00
GF Value 円136,985.91
Valuation Modestly Undervalued
! 3 Warning Signs
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What is AEON REIT Investment Operating Margin %?

AEON REIT Investment TSE:3292 +0.58% 57 Operating Margin % is 37.45% as of Jan. 2026, which is 2% below its 10-year median of 38.36. GuruFocus rates TSE:3292 with a GF Score™ of 57/100 and a GF Value™ of 円136,985.91 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 750 REITs companies, AEON REIT Investment ranks worse than 68.67% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. AEON REIT Investment's Operating Income for the six months ended in Jan. 2026 was 円7,979 Mil. AEON REIT Investment's Revenue for the six months ended in Jan. 2026 was 円21,306 Mil. Therefore, AEON REIT Investment's Operating Margin % for the quarter that ended in Jan. 2026 was 37.45%.

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

TSE:3292' s Operating Margin % Range Over the Past 10 Years
Min: 37.23   Med: 38.36   Max: 38.96
Current: 37.71


TSE:3292's Operating Margin % is ranked worse than
68.67% of 750 companies
in the REITs industry
Industry Median: 52.67 vs TSE:3292: 37.71

AEON REIT Investment's 5-Year Average Operating Margin % Growth Rate was -0.60% per year.

AEON REIT Investment's Operating Income for the six months ended in Jan. 2026 was 円7,979 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was 円16,171 Mil.


AEON REIT Investment  (TSE:3292) Operating Margin % Explanation

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 Nokia’s 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.


AEON REIT Investment Operating Margin % Related Terms


AEON REIT Investment Operating Margin % Historical Data

* Premium members only.

The historical data trend for AEON REIT Investment'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.

AEON REIT Investment Operating Margin % Chart

AEON REIT Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.29 38.09 38.03 37.23 37.99

AEON REIT Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Operating 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 38.23 36.25 38.00 37.98 37.45

TSE:3292 vs SPG, O, KIM: Operating Margin % Comparison

For the REIT - Retail subindustry, AEON REIT Investment'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.


AEON REIT Investment Operating Margin % vs REITs Industry

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

* The bar in red indicates where AEON REIT Investment's Operating Margin % falls into.


TSE:3292
57GF Score
AEON REIT Investment Corp TSE:3292
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AEON REIT Investment Operating Margin % Calculation

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.

AEON REIT Investment's Operating Margin % for the fiscal year that ended in Jul. 2025 is calculated as

Operating Margin %=Operating Income (A: Jul. 2025 ) / Revenue (A: Jul. 2025 )
=16245.801 / 42763.09
=37.99 %

AEON REIT Investment's Operating Margin % for the quarter that ended in Jan. 2026 is calculated as

Operating Margin %=Operating Income (Q: Jan. 2026 ) / Revenue (Q: Jan. 2026 )
=7978.919 / 21306.449
=37.45 %

* 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 Operating Margin % →
What does a Operating Margin % of 37.45% mean?
AEON REIT Investment (TSE:3292) has a Operating Margin % of 37.45% as of Jan. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on AEON REIT Investment and its competitors. This is near median its historical median of 38.36. Over the past decade, AEON REIT Investment's Operating Margin % has ranged from 37.23 to 38.96. According to the industry distribution chart, AEON REIT Investment ranks #515 out of 750 companies in the REITs industry, placing it in the top 68.7%.
Is AEON REIT Investment's Operating Margin % too high?
AEON REIT Investment's current Operating Margin % of 37.45% is near median its 10-year median of 38.36. Over the past 10 years, this metric has ranged from a low of 37.23 to a high of 38.96. The REITs industry median Operating Margin % is 52.67. AEON REIT Investment's value of 37.45% is 28.9% below this industry median. Based on the distribution chart, AEON REIT Investment ranks #515 out of 750 companies in the REITs industry, which is below the industry midpoint. Overall, AEON REIT Investment has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AEON REIT Investment's Operating Margin % compare to SPG and O?
According to the REITs industry distribution chart, AEON REIT Investment ranks #515 out of 750 companies for Operating Margin %. This places AEON REIT Investment in the lower half of its industry. The industry median Operating Margin % is 52.67. AEON REIT Investment's value of 37.45% is 28.9% below this benchmark. Historically, AEON REIT Investment's own Operating Margin % has ranged from 37.23 to 38.96 over the past decade. While the company's 10-year median is 38.36 vs. the industry median of 52.67, AEON 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 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. AEON REIT Investment's current Operating Margin % of 37.45% is 28.9% 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 AEON REIT Investment 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. AEON REIT Investment's current Operating Margin % is 37.45%, which is near median its own 10-year median of 38.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AEON REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, AEON REIT Investment (TSE:3292) is currently considered Modestly Undervalued. The stock's GF Value™ is 円136,985.91, compared to a current price of 円121,500.00 — trading 11.3% below its estimated fair value. The current Operating Margin % is 37.45%, which is near median its 10-year median of 38.36 and 28.9% below the REITs industry median of 52.67. AEON REIT Investment's overall GF Score™ is 57/100 with 3 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 AEON REIT Investment (TSE:3292), the current Operating Margin % is 37.45% 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 AEON REIT Investment (TSE:3292) Overvalued in 2026?

Based on GuruFocus' analysis, AEON REIT Investment stock appears to be undervalued. The current stock price of 円121,500.00 is trading 11.3% below its estimated GF Value™ of 円136,985.91. GuruFocus considers AEON REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3292:

  • Operating Margin %: 37.45% (near median its 10-year median of 38.36)
  • GF Value™: 円136,985.91 vs. price of 円121,500.00 (11.3% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 28.9% below the REITs median (#515 of 750)

No single metric tells the full story. See the TSE:3292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AEON REIT Investment Business Description

Industry Real EstateREITs
Address 1-14-10 Uchikanda, Chiyoda-ku, Tokyo, JPN, 101-0054
AEON REIT Investment Corp is engaged in the real estate leasing business. The company aims to ensure a stable income and achieve steady portfolio growth over the medium-to-long term by investing in retail and securitized real estate products.
57GF Score

Get the complete analysis for TSE:3292

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

円121,500.00
Price
円136,985.91
GF Value