Hulic ReitTSE:3295 +1.16%57 Pretax Margin % is 47.89% as of Feb. 2026, which is 1% below its 10-year median of 48.61. GuruFocus rates TSE:3295 with a GF Score™ of 57/100 and a GF Value™ of 円167,676.49 (Fairly Valued). The stock has 5 warning signs investors should review. Among 927 REITs companies, Hulic Reit ranks better than 50.7% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hulic Reit's Pre-Tax Income for the
six
months ended in Feb. 2026 was 円6,060 Mil. Hulic Reit's Revenue for the
six
months ended in Feb. 2026 was 円12,654 Mil. Therefore, Hulic Reit's pretax margin for the quarter that ended in Feb. 2026 was 47.89%.
The historical rank and industry rank for Hulic Reit's Pretax Margin % or its related term are showing as below:
TSE:3295'
s Pretax Margin % Range Over the Past 10 Years
Min: 45.6 Med: 48.61 Max: 50.73
Current: 47.48
TSE:3295's Pretax Margin % is ranked better than 50.7% of 927
companies
in the REITs industry
Industry Median: 46.7
vs TSE:3295: 47.48
Hulic Reit (TSE:3295) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Hulic Reit Pretax Margin % Related Terms
Hulic Reit Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Hulic Reit's Pretax 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:3295 vs BXP, ARE, VNO: Pretax Margin % Comparison
For the REIT - Office subindustry, Hulic Reit's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Hulic Reit Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Hulic Reit's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hulic Reit's Pretax Margin % falls into.
* 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.
Hulic Reit (TSE:3295) has a Pretax Margin % of 47.89% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hulic Reit and its competitors. This is near median its historical median of 48.61. Over the past decade, Hulic Reit's Pretax Margin % has ranged from 45.60 to 50.73. According to the industry distribution chart, Hulic Reit ranks #457 out of 927 companies in the REITs industry, placing it in the top 49.3%.
Is Hulic Reit's Pretax Margin % too high?
Hulic Reit's current Pretax Margin % of 47.89% is near median its 10-year median of 48.61. Over the past 10 years, this metric has ranged from a low of 45.60 to a high of 50.73. The REITs industry median Pretax Margin % is 46.70. Hulic Reit's value of 47.89% is 2.5% above this industry median. Based on the distribution chart, Hulic Reit ranks #457 out of 927 companies in the REITs industry, which is above the industry midpoint. Overall, Hulic Reit has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hulic Reit's Pretax Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Hulic Reit ranks #457 out of 927 companies for Pretax Margin %. This puts Hulic Reit in the upper half of its industry. The industry median Pretax Margin % is 46.70. Hulic Reit's value of 47.89% is 2.5% above this benchmark. Historically, Hulic Reit's own Pretax Margin % has ranged from 45.60 to 50.73 over the past decade. While the company's 10-year median is 48.61 vs. the industry median of 46.70, Hulic Reit 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 Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.70, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hulic Reit's current Pretax Margin % of 47.89% is 2.5% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hulic Reit and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hulic Reit's current Pretax Margin % is 47.89%, which is near median its own 10-year median of 48.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hulic Reit stock overvalued right now?
Based on GuruFocus' analysis, Hulic Reit (TSE:3295) is currently considered Fairly Valued. The stock's GF Value™ is 円167,676.49, compared to a current price of 円157,100.00 — trading 6.3% below its estimated fair value. The current Pretax Margin % is 47.89%, which is near median its 10-year median of 48.61 and 2.5% above the REITs industry median of 46.70. Hulic Reit's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Hulic Reit (TSE:3295), the current Pretax Margin % is 47.89% 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 Hulic Reit (TSE:3295) Overvalued in 2026?
Based on GuruFocus' analysis, Hulic Reit stock appears to be undervalued.
The current stock price of 円157,100.00 is trading 6.3% below its estimated GF Value™ of 円167,676.49.
GuruFocus considers Hulic Reit to be Fairly Valued.
Key valuation signals for TSE:3295:
Pretax Margin %: 47.89% (near median its 10-year median of 48.61)
GF Value™: 円167,676.49 vs. price of 円157,100.00 (6.3% below fair value)
Industry Position: 2.5% above the REITs median (#457 of 927)
No single metric tells the full story. See the TSE:3295 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hulic Reit Inc is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.
57GF Score
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