Fukuoka REITTSE:8968 +1.69%64 Pretax Margin % is 37.02% as of Feb. 2026, which is 17% above its 10-year median of 31.70. GuruFocus rates TSE:8968 with a GF Score™ of 64/100 and a GF Value™ of 円177,037.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 927 REITs companies, Fukuoka REIT ranks worse than 60.09% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fukuoka REIT's Pre-Tax Income for the
six
months ended in Feb. 2026 was 円4,007 Mil. Fukuoka REIT's Revenue for the
six
months ended in Feb. 2026 was 円10,823 Mil. Therefore, Fukuoka REIT's pretax margin for the quarter that ended in Feb. 2026 was 37.02%.
The historical rank and industry rank for Fukuoka REIT's Pretax Margin % or its related term are showing as below:
TSE:8968'
s Pretax Margin % Range Over the Past 10 Years
Min: 21.78 Med: 31.7 Max: 37.87
Current: 37.31
TSE:8968's Pretax Margin % is ranked worse than 60.09% of 927
companies
in the REITs industry
Industry Median: 46.7
vs TSE:8968: 37.31
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.
Fukuoka REIT Pretax Margin % Related Terms
Fukuoka REIT Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Fukuoka 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.
For the REIT - Diversified subindustry, Fukuoka 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.
Fukuoka REIT Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Fukuoka REIT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Fukuoka 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.
Fukuoka REIT (TSE:8968) has a Pretax Margin % of 37.02% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fukuoka REIT and its competitors. This is 17% above median its historical median of 31.70. Over the past decade, Fukuoka REIT's Pretax Margin % has ranged from 21.78 to 37.87. According to the industry distribution chart, Fukuoka REIT ranks #557 out of 927 companies in the REITs industry, placing it in the top 60.1%.
Is Fukuoka REIT's Pretax Margin % too high?
Fukuoka REIT's current Pretax Margin % of 37.02% is 17% above median its 10-year median of 31.70. Over the past 10 years, this metric has ranged from a low of 21.78 to a high of 37.87. The REITs industry median Pretax Margin % is 46.70. Fukuoka REIT's value of 37.02% is 20.7% below this industry median. Based on the distribution chart, Fukuoka REIT ranks #557 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Fukuoka REIT has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fukuoka REIT's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Fukuoka REIT ranks #557 out of 927 companies for Pretax Margin %. This places Fukuoka REIT in the lower half of its industry. The industry median Pretax Margin % is 46.70. Fukuoka REIT's value of 37.02% is 20.7% below this benchmark. Historically, Fukuoka REIT's own Pretax Margin % has ranged from 21.78 to 37.87 over the past decade. While the company's 10-year median is 31.70 vs. the industry median of 46.70, 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 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. Fukuoka REIT's current Pretax Margin % of 37.02% is 20.7% 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 Fukuoka 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. Fukuoka REIT's current Pretax Margin % is 37.02%, which is 17% above median its own 10-year median of 31.70. 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177,037.12, compared to a current price of 円174,600.00 — trading 1.4% below its estimated fair value. The current Pretax Margin % is 37.02%, which is 17% above median its 10-year median of 31.70 and 20.7% below the REITs industry median of 46.70. Fukuoka REIT's overall GF Score™ is 64/100 with 4 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 Fukuoka REIT (TSE:8968), the current Pretax Margin % is 37.02% 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174,600.00 is trading 1.4% below its estimated GF Value™ of 円177,037.12.
GuruFocus considers Fukuoka REIT to be Fairly Valued.
Key valuation signals for TSE:8968:
Pretax Margin %: 37.02% (17% above median its 10-year median of 31.70)
GF Value™: 円177,037.12 vs. price of 円174,600.00 (1.4% below fair value)
Industry Position: 20.7% below the REITs median (#557 of 927)
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.
64GF Score
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