Nomura Real Estate Master Fund Inc (JP:3462)
:3462
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Nomura Real Estate Master
(3462)
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Rating:71Outperform
Price Target:
¥184,204
▲(5.68% Upside)
Action:ReiteratedDate:12/11/25
The overall score of 71 for Nomura Real Estate Master is driven primarily by its strong financial performance, with robust profitability margins and a stable balance sheet. However, significant revenue decline and cash flow growth concerns temper the outlook. Valuation remains reasonable with an attractive dividend yield, while technical indicators suggest a mixed trend with short-term weakness but longer-term strength.
Positive Factors
Strong Profitability
High profitability margins indicate efficient operations and the ability to generate substantial income from its assets, supporting long-term financial health.
Negative Factors
Declining Revenue Growth
A significant decline in revenue growth could indicate challenges in market demand or competitive pressures, potentially impacting future earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Profitability
High profitability margins indicate efficient operations and the ability to generate substantial income from its assets, supporting long-term financial health.
Read all positive factors
Nomura Real Estate Master (3462) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥751.78B
Dividend Yield4.21%
Average Volume (3M)7.25K
Price to Earnings (P/E)11.6
Beta (1Y)0.27
Revenue Growth2.76%
EPS Growth6.04%
CountryJP
Employees3
SectorReal Estate
Sector Strength53
IndustryREIT - Retail
Share Statistics
EPS (TTM)3465.00
Shares Outstanding4,646,364
10 Day Avg. Volume5,146
30 Day Avg. Volume7,251
Financial Highlights & Ratios
PEG Ratio4.59
Price to Book (P/B)1.24
Price to Sales (P/S)8.63
P/FCF Ratio17.32
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)6,808.31
Revenue Forecast (FY)¥87.83B
Nomura Real Estate Master Business Overview & Revenue Model
Company Description
Nomura Real Estate Master Fund, Inc. (NMF) is a real estate investment corporation formed to own and invest primarily in office buildings, retail facilities, logistics and residential facilities. NMF is externally managed by a licensed asset manag...
How the Company Makes Money
Nomura Real Estate Master generates revenue primarily through rental income from its portfolio of properties. This includes long-term leases with residential and commercial tenants, which provide a steady cash flow. Additionally, the company earns...
Nomura Real Estate Master Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
80
Positive
Cash Flow
70
Positive
| Breakdown | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 86.83B | 84.46B | 83.63B | 76.54B | 75.58B |
| Gross Profit | 50.94B | 41.76B | 48.94B | 43.62B | 43.51B |
| EBITDA | 52.92B | 51.90B | 51.74B | 46.77B | 46.43B |
| Net Income | 32.09B | 30.65B | 30.70B | 25.88B | 25.45B |
Balance Sheet | |||||
| Total Assets | 1.18T | 1.18T | 1.19T | 1.19T | 1.19T |
| Cash, Cash Equivalents and Short-Term Investments | 37.63B | 32.47B | 51.03B | 44.89B | 63.11B |
| Total Debt | 522.23B | 521.30B | 519.38B | 517.47B | 517.80B |
| Total Liabilities | 578.13B | 576.97B | 577.44B | 572.45B | 572.61B |
| Stockholders Equity | 603.15B | 606.20B | 614.69B | 615.13B | 619.90B |
Cash Flow | |||||
| Free Cash Flow | 43.27B | 35.67B | 37.08B | 16.68B | 19.37B |
| Operating Cash Flow | 79.03B | 75.74B | 65.19B | 50.64B | 43.32B |
| Investing Cash Flow | -39.25B | -41.86B | -31.76B | -37.73B | -23.95B |
| Financing Cash Flow | -34.26B | -39.25B | -27.28B | -31.13B | -31.42B |
Nomura Real Estate Master Technical Analysis
Neutral
174300.00
Price Trends
164086.87
Negative
165293.80
Negative
159115.84
Positive
Market Momentum
-1725.99
Positive
46.68
Neutral
51.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3462, the sentiment is Neutral. The current price of 174300 is above the 20-day moving average (MA) of 161660.00, above the 50-day MA of 164086.87, and above the 200-day MA of 159115.84, indicating a neutral trend. The MACD of -1725.99 indicates Positive momentum. The RSI at 46.68 is Neutral, neither overbought nor oversold. The STOCH value of 51.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3462.
Nomura Real Estate Master Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ¥665.26B | 10.14 | 5.51% | 4.64% | 24.10% | -30.38% | |
71 Outperform | ¥751.78B | 11.62 | 5.22% | 4.21% | 2.76% | 6.04% | |
69 Neutral | ¥878.16B | 24.15 | 6.59% | 3.83% | -1.97% | -2.16% | |
66 Neutral | ¥1.20T | 16.01 | 5.94% | 3.40% | -7.30% | 7.83% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
63 Neutral | ¥731.53B | 25.28 | ― | 4.10% | 12.04% | 12.83% | |
57 Neutral | ¥840.12B | 19.71 | 6.39% | 4.62% | 40.15% | 27.43% |
* Real Estate Sector Average
JP:3462
Nomura Real Estate Master
161,800.00
30,726.31
23.44%
JP:8952
Japan Real Estate Investment
120,700.00
19,979.59
19.84%
JP:8953
Japan Retail Investment
116,800.00
28,856.73
32.81%
JP:8951
Nippon Building
136,200.00
15,598.46
12.93%
JP:8972
Kenedix Office Investment Corporation
164,700.00
28,771.05
21.17%
JP:3283
Nippon Prologis REIT, Inc.
87,200.00
15,299.08
21.28%
Nomura Real Estate Master Corporate Events
Nomura Real Estate Master Fund Announces Loan Interest Rate Determination
Nov 21, 2025
Nomura Real Estate Master Fund, Inc. has announced the determination of interest rates for its recent debt financing, involving a total loan amount of 8,100 million yen from multiple lenders. This financial move, with fixed interest rates and unse...
Nomura Real Estate Announces Leadership Changes to Boost International Focus
Nov 20, 2025
Nomura Real Estate Master Fund, Inc. announced changes in its asset management company’s leadership, with Go Hiramatsu taking on an expanded role as Director and Managing Executive Officer in charge of both the Overseas Business Department a...
Nomura Real Estate Master Fund Corrects Financial Results for Fiscal Periods
Nov 19, 2025
Nomura Real Estate Master Fund, Inc. announced corrections to its financial results for the 19th and 20th fiscal periods due to inaccuracies in previously reported numerical data. These corrections involve adjustments to the carrying amounts and f...
Nomura Real Estate Master Fund Announces Debt Refinancing Plan
Nov 18, 2025
Nomura Real Estate Master Fund, Inc. announced a debt refinancing plan to repay existing loans totaling ¥16,100 million, which are due to mature on November 26, 2025. This refinancing move is not expected to significantly impact the company&#...
Nomura Real Estate Master Fund Reports Financial Results and Forecasts
Oct 16, 2025
Nomura Real Estate Master Fund, Inc. reported its financial results for the fiscal period ending August 31, 2025, showing a slight increase in operating revenues and profits compared to the previous period. The company also announced its earnings ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.