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Mori Hills Reit Investment (TSE:3234) Operating Margin % : 62.02% (As of Jul. 2023)


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What is Mori Hills Reit Investment Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Mori Hills Reit Investment's Operating Income for the six months ended in Jul. 2023 was 円6,956 Mil. Mori Hills Reit Investment's Revenue for the six months ended in Jul. 2023 was 円11,215 Mil. Therefore, Mori Hills Reit Investment's Operating Margin % for the quarter that ended in Jul. 2023 was 62.02%.

The historical rank and industry rank for Mori Hills Reit Investment's Operating Margin % or its related term are showing as below:

TSE:3234' s Operating Margin % Range Over the Past 10 Years
Min: 61.45   Med: 62.75   Max: 68.08
Current: 61.45


TSE:3234's Operating Margin % is ranked better than
65.17% of 689 companies
in the REITs industry
Industry Median: 52.05 vs TSE:3234: 61.45

Mori Hills Reit Investment's 5-Year Average Operating Margin % Growth Rate was -0.10% per year.

Mori Hills Reit Investment's Operating Income for the six months ended in Jul. 2023 was 円6,956 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jul. 2023 was 円13,759 Mil.


Mori Hills Reit Investment Operating Margin % Historical Data

The historical data trend for Mori Hills Reit Investment'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.

* Premium members only.

Mori Hills Reit Investment Operating Margin % Chart

Mori Hills Reit Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.78 62.69 62.72 62.19 61.99

Mori Hills Reit Investment Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Operating 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 61.97 62.38 61.96 62.02 60.87

Competitive Comparison of Mori Hills Reit Investment's Operating Margin %

For the REIT - Diversified subindustry, Mori Hills Reit Investment'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.


Mori Hills Reit Investment's Operating Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mori Hills Reit Investment's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Mori Hills Reit Investment's Operating Margin % falls into.



Mori Hills Reit Investment Operating Margin % Calculation

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.

Mori Hills Reit Investment's Operating Margin % for the fiscal year that ended in Jul. 2023 is calculated as

Operating Margin %=Operating Income (A: Jul. 2023 ) / Revenue (A: Jul. 2023 )
=13901.595 / 22425.911
=61.99 %

Mori Hills Reit Investment's Operating Margin % for the quarter that ended in Jul. 2023 is calculated as

Operating Margin %=Operating Income (Q: Jul. 2023 ) / Revenue (Q: Jul. 2023 )
=6955.843 / 11215.191
=62.02 %

* 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.


Mori Hills Reit Investment  (TSE:3234) Operating Margin % Explanation

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 Nokia’s 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.


Mori Hills Reit Investment Operating Margin % Related Terms

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Mori Hills Reit Investment (TSE:3234) Business Description

Traded in Other Exchanges
N/A
Address
12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate primarily office buildings and residential and retail properties available for lease in Tokyo.

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