Nomura Real Estate Holdings (JP:3231)
:3231
Want to see JP:3231 full AI Analyst Report?
3231 Stock Chart & Stats
¥943.90
-¥57.00(-1.44%)
At close: 4:00 PM EST
¥943.90
-¥57.00(-1.44%)
Day’s Range― - ―
52-Week Range¥821.70 - ¥1,166.00
Previous CloseN/A
Volume739.00K
Average Volume (3M)2.33M
Market Cap
¥832.65B
Enterprise Value¥2.34T
Total Cash (Recent Filing)¥169.83B
Total Debt (Recent Filing)¥1.60T
Price to Earnings (P/E)9.4
Beta0.75
Next Earnings
Jul 23, 2026EPS Estimate
22.69Next Dividend Ex-DateN/A
Dividend Yield3.68%
Share Statistics
EPS (TTM)96.69
Shares Outstanding917,927,700
10 Day Avg. Volume2,551,950
30 Day Avg. Volume2,333,623
Financial Highlights & Ratios
PEG Ratio0.91
Price to Book (P/B)1.08
Price to Sales (P/S)0.92
P/FCF Ratio254.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)103.22
Revenue Forecast (FY)¥1.03T
Bulls Say, Bears Say
Bulls Say
Sustained Revenue AccelerationNomura Real Estate has delivered meaningful top-line expansion, with 2026 revenue growth of ~22.8%. Durable revenue acceleration across development, leasing and fees reflects execution scale and market demand, supporting long‑term project pipeline and the ability to replenish earnings over multiple cycles.
Diversified, Multi‑stream Revenue ModelThe company’s mix of property development, recurring leasing income, management fees and asset‑management revenues reduces reliance on single-cycle condominium sales. This structural diversification smooths cash flows over time and provides fee income that scales with assets under management, improving resilience to real estate cycles.
Steady Returns On Equity And Solid MarginsA consistent ROE near 10% alongside industry‑level net (≈8.8%) and EBIT (≈13.6%) margins indicates the group sustainably converts invested capital into profit. Persistent profitability supports reinvestment in projects and signals disciplined project selection and operational control over time.
Bears Say
High Financial LeverageLeverage around 2x equity is intrinsic to the development and investment model but amplifies downside risk. Rising funding costs, tighter credit or property-value declines would materially pressure coverage metrics and require refinancing or asset sales, constraining strategic flexibility over the medium term.
Volatile Operating Cash Flow And Weak FCF ConversionInconsistent OCF and near‑zero free cash flow despite robust accounting profits highlight weak cash conversion from operations. This undermines the firm’s ability to deleverage, fund development internally, and sustain discretionary payouts without relying on external financing, a structural quality‑of‑earnings concern.
Margin Compression Vs Prior YearsDeclining gross margins suggest newer revenue is lower margin, reflecting pricing pressure, higher costs, or a shift in project mix. If sustained, margin erosion can reduce cash generation and ROE, forcing tougher project selection or cost measures and limiting profit expansion from incremental revenue.
Nomura Real Estate Holdings News
3231 FAQ
What was Nomura Real Estate Holdings’s price range in the past 12 months?
Nomura Real Estate Holdings lowest stock price was ¥821.70 and its highest was ¥1166.00 in the past 12 months.
What is Nomura Real Estate Holdings’s market cap?
Nomura Real Estate Holdings’s market cap is ¥832.65B.
When is Nomura Real Estate Holdings’s upcoming earnings report date?
Nomura Real Estate Holdings’s upcoming earnings report date is Jul 23, 2026 which is in 53 days.
How were Nomura Real Estate Holdings’s earnings last quarter?
Nomura Real Estate Holdings released its earnings results on Apr 24, 2026. The company reported ¥46.65 earnings per share for the quarter, beating the consensus estimate of ¥42.368 by ¥4.282.
Is Nomura Real Estate Holdings overvalued?
According to Wall Street analysts Nomura Real Estate Holdings’s price is currently Overvalued.
Does Nomura Real Estate Holdings pay dividends?
Nomura Real Estate Holdings pays a Semiannually dividend of ¥18 which represents an annual dividend yield of 3.68%. See more information on Nomura Real Estate Holdings dividends here
What is Nomura Real Estate Holdings’s EPS estimate?
Nomura Real Estate Holdings’s EPS estimate is 22.69.
How many shares outstanding does Nomura Real Estate Holdings have?
Nomura Real Estate Holdings has 917,927,700 shares outstanding.
What happened to Nomura Real Estate Holdings’s price movement after its last earnings report?
Nomura Real Estate Holdings reported an EPS of ¥46.65 in its last earnings report, beating expectations of ¥42.368. Following the earnings report the stock price went down -0.1%.
Which hedge fund is a major shareholder of Nomura Real Estate Holdings?
Currently, no hedge funds are holding shares in JP:3231
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Nomura Real Estate Holdings
Nomura Real Estate Holdings, Inc. is a leading Japanese real estate company engaged in a variety of sectors, including residential, commercial, and logistics properties. The company operates through multiple segments such as residential development, leasing, property management, and real estate investment. Nomura Real Estate is dedicated to providing innovative housing solutions and high-quality commercial spaces, contributing to urban development and sustainability.
Technical Analysis
Hulic Co
―
Ichigo
―
Sun Frontier Fudousan Co
―
Sumitomo Realty & Development Co
―
Tokyo Tatemono Co
―
Options Prices
Currently, No data available
---