Sekisui House Reit (TSE:3309) Pretax Margin %: 53.91% (As of Apr. 2026) — 11% Above Median


TSE:3309 Sekisui House Reit Inc TSE:3309
73 GF Score
Price 円76,600.00
GF Value 円84,017.77
Valuation Fairly Valued
! 5 Warning Signs
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What is Sekisui House Reit Pretax Margin %?

Sekisui House Reit TSE:3309 +0.66% 73 Pretax Margin % is 53.91% as of Apr. 2026, which is 11% above its 10-year median of 48.73. GuruFocus rates TSE:3309 with a GF Score™ of 73/100 and a GF Value™ of 円84,017.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 929 REITs companies, Sekisui House Reit ranks better than 53.5% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sekisui House Reit's Pre-Tax Income for the six months ended in Apr. 2026 was 円12,050 Mil. Sekisui House Reit's Revenue for the six months ended in Apr. 2026 was 円22,351 Mil. Therefore, Sekisui House Reit's pretax margin for the quarter that ended in Apr. 2026 was 53.91%.

The historical rank and industry rank for Sekisui House Reit's Pretax Margin % or its related term are showing as below:

TSE:3309' s Pretax Margin % Range Over the Past 10 Years
Min: 36.19   Med: 48.73   Max: 59.57
Current: 51.69


TSE:3309's Pretax Margin % is ranked better than
53.5% of 929 companies
in the REITs industry
Industry Median: 46.7 vs TSE:3309: 51.69

Sekisui House Reit  (TSE:3309) 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.


Sekisui House Reit Pretax Margin % Related Terms


Sekisui House Reit Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Sekisui House 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.

Sekisui House Reit Pretax Margin % Chart

Sekisui House Reit Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.30 45.66 44.11 36.19 50.40

Sekisui House Reit Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Pretax 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 22.44 51.68 51.68 49.11 53.91

TSE:3309 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Sekisui House 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.


Sekisui House Reit Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Sekisui House Reit's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sekisui House Reit's Pretax Margin % falls into.


TSE:3309
73GF Score
Sekisui House Reit Inc TSE:3309
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sekisui House Reit Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Sekisui House Reit's Pretax Margin for the fiscal year that ended in Oct. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=19647.514/38981.314
=50.40 %

Sekisui House Reit's Pretax Margin for the quarter that ended in Apr. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=12050.078/22350.939
=53.91 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 53.91% mean?
Sekisui House Reit (TSE:3309) has a Pretax Margin % of 53.91% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sekisui House Reit and its competitors. This is 11% above median its historical median of 48.73. Over the past decade, Sekisui House Reit's Pretax Margin % has ranged from 36.19 to 59.57. According to the industry distribution chart, Sekisui House Reit ranks #432 out of 929 companies in the REITs industry, placing it in the top 46.5%.
Is Sekisui House Reit's Pretax Margin % too high?
Sekisui House Reit's current Pretax Margin % of 53.91% is 11% above median its 10-year median of 48.73. Over the past 10 years, this metric has ranged from a low of 36.19 to a high of 59.57. The REITs industry median Pretax Margin % is 46.70. Sekisui House Reit's value of 53.91% is 15.4% above this industry median. Based on the distribution chart, Sekisui House Reit ranks #432 out of 929 companies in the REITs industry, which is above the industry midpoint. Overall, Sekisui House Reit has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sekisui House Reit's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Sekisui House Reit ranks #432 out of 929 companies for Pretax Margin %. This puts Sekisui House Reit in the upper half of its industry. The industry median Pretax Margin % is 46.70. Sekisui House Reit's value of 53.91% is 15.4% above this benchmark. Historically, Sekisui House Reit's own Pretax Margin % has ranged from 36.19 to 59.57 over the past decade. While the company's 10-year median is 48.73 vs. the industry median of 46.70, Sekisui House 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 929 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. Sekisui House Reit's current Pretax Margin % of 53.91% is 15.4% 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 Sekisui House 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. Sekisui House Reit's current Pretax Margin % is 53.91%, which is 11% above median its own 10-year median of 48.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekisui House Reit stock overvalued right now?
Based on GuruFocus' analysis, Sekisui House Reit (TSE:3309) is currently considered Fairly Valued. The stock's GF Value™ is 円84,017.77, compared to a current price of 円76,600.00 — trading 8.8% below its estimated fair value. The current Pretax Margin % is 53.91%, which is 11% above median its 10-year median of 48.73 and 15.4% above the REITs industry median of 46.70. Sekisui House Reit's overall GF Score™ is 73/100 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 Sekisui House Reit (TSE:3309), the current Pretax Margin % is 53.91% 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 Sekisui House Reit (TSE:3309) Overvalued in 2026?

Based on GuruFocus' analysis, Sekisui House Reit stock appears to be undervalued. The current stock price of 円76,600.00 is trading 8.8% below its estimated GF Value™ of 円84,017.77. GuruFocus considers Sekisui House Reit to be Fairly Valued.

Key valuation signals for TSE:3309:

  • Pretax Margin %: 53.91% (11% above median its 10-year median of 48.73)
  • GF Value™: 円84,017.77 vs. price of 円76,600.00 (8.8% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 15.4% above the REITs median (#432 of 929)

No single metric tells the full story. See the TSE:3309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sekisui House Reit Business Description

Industry Real EstateREITs
Address 4-15-1 Akasaka, Minato-ku, Tokyo, JPN, 107-0051
Sekisui House Reit Inc is a Japan-based company that operates as a real estate investment trust. The company invests in commercial properties predominantly in office and commercial buildings, hotels, and retail properties located in the Tokyo Metropolitan Areas, Osaka, and Nagoya areas. The asset manager of the company is a subsidiary of Sekisui House, Ltd.
73GF Score

Get the complete analysis for TSE:3309

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

円76,600.00
Price
円84,017.77
GF Value