Fukuoka REITTSE:8968 +1.47%65 Operating Margin % is 41.47% as of Feb. 2026, which is 15% above its 10-year median of 36.21. GuruFocus rates TSE:8968 with a GF Score™ of 65/100 and a GF Value™ of 円177,136.95 (Fairly Valued). The stock has 4 warning signs investors should review. Among 749 REITs companies, Fukuoka REIT ranks worse than 65.15% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Fukuoka REIT's Operating Income for the
six
months ended in Feb. 2026 was 円4,488 Mil. Fukuoka REIT's Revenue for the
six
months ended in Feb. 2026 was 円10,823 Mil. Therefore, Fukuoka REIT's Operating Margin % for the quarter that ended in Feb. 2026 was 41.47%.
Good Sign:
Fukuoka REIT Corp operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Fukuoka REIT's Operating Margin % or its related term are showing as below:
TSE:8968'
s Operating Margin % Range Over the Past 10 Years
Min: 35.26 Med: 36.21 Max: 42.04
Current: 41.7
TSE:8968's Operating Margin % is ranked worse than 65.15% of 749
companies
in the REITs industry
Industry Median: 52.71
vs TSE:8968: 41.70
Fukuoka REIT's 5-Year Average Operating Margin % Growth Rate was 1.10% per year.
Fukuoka REIT's Operating Income for the
six
months ended in Feb. 2026 was 円4,488 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was 円9,014 Mil.
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.
Fukuoka REIT Operating Margin % Related Terms
Fukuoka REIT Operating Margin % Historical Data
* Premium members only.
The historical data trend for Fukuoka 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:8968 vs VICI, WPC: Operating Margin % Comparison
For the REIT - Diversified subindustry, Fukuoka 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.
Fukuoka REIT Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Fukuoka REIT's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Fukuoka 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.
Fukuoka REIT's Operating Margin % for the fiscal year that ended in Aug. 2024 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.
Fukuoka REIT (TSE:8968) has a Operating Margin % of 41.47% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Fukuoka REIT and its competitors. This is 15% above median its historical median of 36.21. Over the past decade, Fukuoka REIT's Operating Margin % has ranged from 35.26 to 42.04. According to the industry distribution chart, Fukuoka REIT ranks #488 out of 749 companies in the REITs industry, placing it in the top 65.2%.
Is Fukuoka REIT's Operating Margin % too high?
Fukuoka REIT's current Operating Margin % of 41.47% is 15% above median its 10-year median of 36.21. Over the past 10 years, this metric has ranged from a low of 35.26 to a high of 42.04. The REITs industry median Operating Margin % is 52.71. Fukuoka REIT's value of 41.47% is 21.3% below this industry median. Based on the distribution chart, Fukuoka REIT ranks #488 out of 749 companies in the REITs industry, which is below the industry midpoint. Overall, Fukuoka REIT has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fukuoka REIT's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Fukuoka REIT ranks #488 out of 749 companies for Operating Margin %. This places Fukuoka REIT in the lower half of its industry. The industry median Operating Margin % is 52.71. Fukuoka REIT's value of 41.47% is 21.3% below this benchmark. Historically, Fukuoka REIT's own Operating Margin % has ranged from 35.26 to 42.04 over the past decade. While the company's 10-year median is 36.21 vs. the industry median of 52.71, Fukuoka 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 52.71, based on 749 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. Fukuoka REIT's current Operating Margin % of 41.47% is 21.3% 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 Fukuoka REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fukuoka REIT's current Operating Margin % is 41.47%, which is 15% above median its own 10-year median of 36.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukuoka REIT stock overvalued right now?
Based on GuruFocus' analysis, Fukuoka REIT (TSE:8968) is currently considered Fairly Valued. The stock's GF Value™ is 円177,136.95, compared to a current price of 円173,100.00 — trading 2.3% below its estimated fair value. The current Operating Margin % is 41.47%, which is 15% above median its 10-year median of 36.21 and 21.3% below the REITs industry median of 52.71. Fukuoka REIT's overall GF Score™ is 65/100 with 4 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 Fukuoka REIT (TSE:8968), the current Operating Margin % is 41.47% 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 Fukuoka REIT (TSE:8968) Overvalued in 2026?
Based on GuruFocus' analysis, Fukuoka REIT stock appears to be undervalued.
The current stock price of 円173,100.00 is trading 2.3% below its estimated GF Value™ of 円177,136.95.
GuruFocus considers Fukuoka REIT to be Fairly Valued.
Key valuation signals for TSE:8968:
Operating Margin %: 41.47% (15% above median its 10-year median of 36.21)
GF Value™: 円177,136.95 vs. price of 円173,100.00 (2.3% below fair value)
Industry Position: 21.3% below the REITs median (#488 of 749)
No single metric tells the full story. See the TSE:8968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.
65GF Score
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