Ichigo Hotel REIT Investment (TSE:3463) Pretax Margin %: 43.05% (As of Jan. 2026) — Near Median


TSE:3463 Ichigo Hotel REIT Investment Corp TSE:3463
66 GF Score
Price 円118,800.00
GF Value 円168,081.11
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ichigo Hotel REIT Investment Pretax Margin %?

Ichigo Hotel REIT Investment TSE:3463 -0.25% 66 Pretax Margin % is 43.05% as of Jan. 2026, which is 9% below its 10-year median of 47.18. GuruFocus rates TSE:3463 with a GF Score™ of 66/100 and a GF Value™ of 円168,081.11 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 925 REITs companies, Ichigo Hotel REIT Investment ranks worse than 52.86% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ichigo Hotel REIT Investment's Pre-Tax Income for the six months ended in Jan. 2026 was 円1,355 Mil. Ichigo Hotel REIT Investment's Revenue for the six months ended in Jan. 2026 was 円3,149 Mil. Therefore, Ichigo Hotel REIT Investment's pretax margin for the quarter that ended in Jan. 2026 was 43.05%.

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

TSE:3463' s Pretax Margin % Range Over the Past 10 Years
Min: 22.3   Med: 47.18   Max: 56.69
Current: 44.1


TSE:3463's Pretax Margin % is ranked worse than
52.86% of 925 companies
in the REITs industry
Industry Median: 46.55 vs TSE:3463: 44.10

Ichigo Hotel REIT Investment  (TSE:3463) 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.


Ichigo Hotel REIT Investment Pretax Margin % Related Terms


Ichigo Hotel REIT Investment Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Ichigo Hotel REIT Investment'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.

Ichigo Hotel REIT Investment Pretax Margin % Chart

Ichigo Hotel REIT Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.30 29.75 38.85 41.76 56.69

Ichigo Hotel 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
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 42.74 40.84 63.40 45.18 43.05

TSE:3463 vs HST, RHP, APLE: Pretax Margin % Comparison

For the REIT - Hotel & Motel subindustry, Ichigo Hotel REIT Investment'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.


Ichigo Hotel REIT Investment Pretax Margin % vs REITs Industry

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

* The bar in red indicates where Ichigo Hotel REIT Investment's Pretax Margin % falls into.


TSE:3463
66GF Score
Ichigo Hotel REIT Investment Corp TSE:3463
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichigo Hotel REIT Investment 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.

Ichigo Hotel REIT Investment's Pretax Margin for the fiscal year that ended in Jul. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2025 )/Revenue (A: Jul. 2025 )
=4695.266/8282.239
=56.69 %

Ichigo Hotel REIT Investment's Pretax Margin for the quarter that ended in Jan. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=1355.41/3148.629
=43.05 %

* 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 43.05% mean?
Ichigo Hotel REIT Investment (TSE:3463) has a Pretax Margin % of 43.05% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ichigo Hotel REIT Investment and its competitors. This is near median its historical median of 47.18. Over the past decade, Ichigo Hotel REIT Investment's Pretax Margin % has ranged from 22.30 to 56.69. According to the industry distribution chart, Ichigo Hotel REIT Investment ranks #489 out of 925 companies in the REITs industry, placing it in the top 52.9%.
Is Ichigo Hotel REIT Investment's Pretax Margin % too high?
Ichigo Hotel REIT Investment's current Pretax Margin % of 43.05% is near median its 10-year median of 47.18. Over the past 10 years, this metric has ranged from a low of 22.30 to a high of 56.69. The REITs industry median Pretax Margin % is 46.55. Ichigo Hotel REIT Investment's value of 43.05% is 7.5% below this industry median. Based on the distribution chart, Ichigo Hotel REIT Investment ranks #489 out of 925 companies in the REITs industry, which is below the industry midpoint. Overall, Ichigo Hotel REIT Investment has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ichigo Hotel REIT Investment's Pretax Margin % compare to HST and RHP?
According to the REITs industry distribution chart, Ichigo Hotel REIT Investment ranks #489 out of 925 companies for Pretax Margin %. This places Ichigo Hotel REIT Investment in the lower half of its industry. The industry median Pretax Margin % is 46.55. Ichigo Hotel REIT Investment's value of 43.05% is 7.5% below this benchmark. Historically, Ichigo Hotel REIT Investment's own Pretax Margin % has ranged from 22.30 to 56.69 over the past decade. While the company's 10-year median is 47.18 vs. the industry median of 46.55, Ichigo Hotel 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 Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.55, based on 925 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. Ichigo Hotel REIT Investment's current Pretax Margin % of 43.05% is 7.5% 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 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 Ichigo Hotel REIT Investment and its competitors. For the REITs industry, the median Pretax Margin % is 46.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo Hotel REIT Investment's current Pretax Margin % is 43.05%, which is near median its own 10-year median of 47.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Hotel REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Ichigo Hotel REIT Investment (TSE:3463) is currently considered Modestly Undervalued. The stock's GF Value™ is 円168,081.11, compared to a current price of 円118,800.00 — trading 29.3% below its estimated fair value. The current Pretax Margin % is 43.05%, which is near median its 10-year median of 47.18 and 7.5% below the REITs industry median of 46.55. Ichigo Hotel REIT Investment's overall GF Score™ is 66/100 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 Ichigo Hotel REIT Investment (TSE:3463), the current Pretax Margin % is 43.05% 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 Ichigo Hotel REIT Investment (TSE:3463) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo Hotel REIT Investment stock appears to be undervalued. The current stock price of 円118,800.00 is trading 29.3% below its estimated GF Value™ of 円168,081.11. GuruFocus considers Ichigo Hotel REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3463:

  • Pretax Margin %: 43.05% (near median its 10-year median of 47.18)
  • GF Value™: 円168,081.11 vs. price of 円118,800.00 (29.3% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 7.5% below the REITs median (#489 of 925)

No single metric tells the full story. See the TSE:3463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichigo Hotel REIT Investment Business Description

Industry Real EstateREITs
Address Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920
Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.
66GF Score

Get the complete analysis for TSE:3463

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

円118,800.00
Price
円168,081.11
GF Value