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Japan Metropolitan Fund Investment (TSE:8953) 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 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.
Japan Metropolitan Fund Investment Operating Margin % Related Terms
Japan Metropolitan Fund Investment Operating Margin % Historical Data
* 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.
Japan Metropolitan Fund Investment Operating Margin % Chart
TSE:8953 vs SPG, O, KIM: Operating Margin % Comparison
For the REIT - Retail subindustry, Japan Metropolitan Fund 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.
Japan Metropolitan Fund Investment Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Japan Metropolitan Fund Investment's Operating Margin % falls into.
Japan Metropolitan Fund 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.
* 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.
Japan Metropolitan Fund Investment (TSE:8953) has a Operating Margin % of 51.18% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Japan Metropolitan Fund Investment and its competitors. This is 17% above median its historical median of 43.64. Over the past decade, Japan Metropolitan Fund Investment's Operating Margin % has ranged from 39.84 to 50.24. According to the industry distribution chart, Japan Metropolitan Fund Investment ranks #406 out of 742 companies in the REITs industry, placing it in the top 54.7%.
Is Japan Metropolitan Fund Investment's Operating Margin % too high?
Japan Metropolitan Fund Investment's current Operating Margin % of 51.18% is 17% above median its 10-year median of 43.64. Over the past 10 years, this metric has ranged from a low of 39.84 to a high of 50.24. The REITs industry median Operating Margin % is 52.74. Japan Metropolitan Fund Investment's value of 51.18% is 2.9% below this industry median. Based on the distribution chart, Japan Metropolitan Fund Investment ranks #406 out of 742 companies in the REITs industry, which is below the industry midpoint. Overall, Japan Metropolitan Fund Investment has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Metropolitan Fund Investment's Operating Margin % compare to SPG and O?
According to the REITs industry distribution chart, Japan Metropolitan Fund Investment ranks #406 out of 742 companies for Operating Margin %. This places Japan Metropolitan Fund Investment in the lower half of its industry. The industry median Operating Margin % is 52.74. Japan Metropolitan Fund Investment's value of 51.18% is 2.9% below this benchmark. Historically, Japan Metropolitan Fund Investment's own Operating Margin % has ranged from 39.84 to 50.24 over the past decade. While the company's 10-year median is 43.64 vs. the industry median of 52.74, Japan Metropolitan Fund 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 52.74, based on 742 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. Japan Metropolitan Fund Investment's current Operating Margin % of 51.18% is 2.9% 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 Japan Metropolitan Fund Investment and its competitors. For the REITs industry, the median Operating Margin % is 52.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Metropolitan Fund Investment's current Operating Margin % is 51.18%, which is 17% above median its own 10-year median of 43.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Metropolitan Fund Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment (TSE:8953) is currently considered Fairly Valued. The stock's GF Value™ is 円115,138.58, compared to a current price of 円118,300.00 — trading 2.7% above its estimated fair value. The current Operating Margin % is 51.18%, which is 17% above median its 10-year median of 43.64 and 2.9% below the REITs industry median of 52.74. Japan Metropolitan Fund Investment's overall GF Score™ is 73/100 with 7 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 Japan Metropolitan Fund Investment (TSE:8953), the current Operating Margin % is 51.18% as of Feb. 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 Japan Metropolitan Fund Investment (TSE:8953) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment stock appears to be overvalued.
The current stock price of 円118,300.00 is trading 2.7% above its estimated GF Value™ of 円115,138.58.
GuruFocus considers Japan Metropolitan Fund Investment to be Fairly Valued.
Key valuation signals for TSE:8953:
Operating Margin %: 51.18% (17% above median its 10-year median of 43.64)
GF Value™: 円115,138.58 vs. price of 円118,300.00 (2.7% above fair value)
Industry Position: 2.9% below the REITs median (#406 of 742)
No single metric tells the full story. See the TSE:8953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Metropolitan Fund Investment Business Description
Japan Metropolitan Fund Investment Corp is a diversified REIT investing in real estate properties serving as a foundation of urban lives. Its portfolio includes urban retail, mixed-use, office, residence, hotel and suburban retail.
73GF Score
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