Nomura Real Estate Master (3462) AI Stock Analysis

• Market Cap: $742.95B
• Dividend Yield: 4.31%
• Average Volume (3M): 8.71K
• Price to Earnings (P/E): 22.2
• Beta (1Y): 0.28
• Revenue Growth: 28.38%
• EPS Growth: 14.19%
• Country: JP
• Employees: 3
• Sector: Real Estate
• Sector Strength: 57
• Industry: REIT - Retail
• EPS (TTM): 3434.00
• Shares Outstanding: 4,646,364
• 10 Day Avg. Volume: 7,633
• 30 Day Avg. Volume: 8,706
• PEG Ratio: 1.99
• Price to Book (P/B): 1.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.08
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $163,707.11
• Price Target Upside: 2.38% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: ¥154,475 ▼(-3.39%Downside)

The stock's overall score is primarily driven by its strong financial performance and appealing valuation, making it attractive for investors seeking income. However, technical indicators suggest bearish momentum, which may present short-term risks.

Nomura Real Estate Master Business Overview & Revenue Model

Company Description

Nomura Real Estate Master Fund (3462) is a Japanese real estate investment trust (REIT) that primarily focuses on investing in a diversified portfolio of income-producing properties. The company operates in the real estate sector, with a strong emphasis on commercial properties, including office buildings, retail spaces, and logistics facilities. As a REIT, Nomura Real Estate Master Fund aims to provide stable and growing dividends to its investors through strategic property acquisitions and management.

How the Company Makes Money

Nomura Real Estate Master Fund generates revenue primarily through the rental income derived from its portfolio of commercial properties. This includes income from leasing office spaces, retail outlets, and logistics facilities to various tenants. The company also benefits from property value appreciation, which can lead to capital gains upon the sale of properties. Additionally, the fund may engage in partnerships or joint ventures to enhance its investment capabilities and diversify its income streams. By maintaining a high occupancy rate and optimizing property management, Nomura Real Estate Master Fund seeks to maximize its rental income and deliver consistent returns to its investors.

Nomura Real Estate Master Financial Statement Overview

Summary

The company shows strong revenue growth and profitability margins, with a robust operational efficiency. The balance sheet is stable with moderate leverage, though there are slight declines in ROE. Cash flow generation is strong but constrained by capital expenditures.

Income Statement

The company demonstrates steady revenue growth with a 10.36% increase from 2022 to 2023, despite a dip in 2024. The gross profit margin is strong at 49.5% in 2024, indicating efficient cost management. However, the net profit margin has decreased slightly from 29.99% in 2023 to 36.28% in 2024. EBITDA margin remains healthy at 61.45%, showing robust operating performance.

Balance Sheet

The company's balance sheet reveals a stable equity ratio of 51.23% in 2024, reflecting a solid capital structure. The debt-to-equity ratio is moderate at 0.86, indicating manageable leverage. ROE decreased slightly to 50.56% in 2024, implying reduced profitability on equity compared to previous years.

Cash Flow

Operating cash flow increased by 16.18% from 2023 to 2024, showing strong cash generation abilities. Free cash flow growth is positive, albeit at a slower pace of 6.71%. The operating cash flow to net income ratio is 2.47, suggesting healthy cash flow relative to net income. However, the free cash flow to net income ratio is lower at 1.16, indicating potential cash flow constraints.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	84.46B	102.29B	76.54B	75.58B	74.50B
Gross Profit	41.76B	37.26B	43.62B	43.51B	43.11B
EBITDA	51.90B	51.74B	45.98B	45.54B	44.74B
Net Income	30.65B	30.70B	25.88B	25.45B	24.99B
Balance Sheet
Total Assets	1.18T	1.19T	1.19T	1.19T	1.20T
Cash, Cash Equivalents and Short-Term Investments	32.47B	51.03B	31.61B	50.21B	62.54B
Total Debt	521.30B	519.38B	517.47B	517.80B	517.89B
Total Liabilities	576.97B	577.44B	572.45B	572.61B	572.26B
Stockholders Equity	606.20B	614.69B	615.13B	619.90B	625.51B
Cash Flow
Free Cash Flow	35.67B	33.43B	12.40B	19.34B	-5.72B
Operating Cash Flow	75.74B	65.19B	50.64B	43.32B	41.50B
Investing Cash Flow	-41.86B	-31.76B	-37.73B	-23.95B	-45.88B
Financing Cash Flow	-39.25B	-27.28B	-31.13B	-31.42B	6.13B

Nomura Real Estate Master Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 159900.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3462, the sentiment is Positive. The current price of 159900 is above the 20-day moving average (MA) of 153605.00, above the 50-day MA of 148840.00, and above the 200-day MA of 142148.76, indicating a bullish trend. The MACD of 2894.91 indicates Negative momentum. The RSI at 82.10 is Negative, neither overbought nor oversold. The STOCH value of 89.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3462.

Nomura Real Estate Master Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3283	75 Outperform	¥684.55B	24.77		13.23%	7.60%	12.83%
8972	73 Outperform	€665.74B	19.61	5.41%	4.88%	41.48%	-28.91%
8953	72 Outperform	$794.81B	22.03	5.50%	4.60%	-8.21%	9.33%
3462	66 Neutral	$742.95B	22.23	5.46%	4.31%	28.38%	14.19%
Sector *	66 Neutral	£909.93M	14.33	2.69%	5.93%	14.24%	75.26%
8984	66 Neutral	¥583.91B	25.26		5.04%	22.58%	8.16%

Nomura Real Estate Master Corporate Events

Nomura Real Estate Announces Strategic Head Office Relocation

Nomura Real Estate Master Fund, Inc. announced the relocation of its head office and that of its asset management company, Nomura Real Estate Asset Management Co., Ltd., to a new address in Minato-ku, Tokyo. This strategic move, effective in late August and early September 2025, aligns with regulatory compliance and aims to enhance operational efficiency, potentially impacting its market positioning and stakeholder engagement.

The most recent analyst rating on (JP:3462) stock is a Hold with a Yen165000.00 price target. To see the full list of analyst forecasts on Nomura Real Estate Master stock, see the JP:3462 Stock Forecast page.

Nomura Real Estate Master Fund’s Strategic Property Transactions

Nomura Real Estate Master Fund, Inc. announced a strategic transaction involving the acquisition of a hotel property in Fukuoka City and the disposition of several residential properties. The acquisition aims to capitalize on the growing hotel market in Fukuoka, driven by increased tourism and business travel, while the disposition is expected to enhance investor returns through profit realization. This transaction aligns with the company’s objective to secure stable income and foster portfolio growth over the medium to long term.

The most recent analyst rating on (JP:3462) stock is a Hold with a Yen165000.00 price target. To see the full list of analyst forecasts on Nomura Real Estate Master stock, see the JP:3462 Stock Forecast page.

Nomura Real Estate Master Fund Announces Loan Interest Rates for Debt Financing

Nomura Real Estate Master Fund, Inc. has announced the determination of interest rates for a recent debt financing initiative involving a green loan. The financing totals 4,300 million yen, with loans from Development Bank of Japan Inc., MUFG Bank, Ltd., and Sumitomo Mitsui Trust Bank, Limited, each having fixed interest rates and varying terms. This move is part of the company’s strategy to manage its financial structure and optimize its investment portfolio, with no significant changes in investment risks reported.

The most recent analyst rating on (JP:3462) stock is a Hold with a Yen165000.00 price target. To see the full list of analyst forecasts on Nomura Real Estate Master stock, see the JP:3462 Stock Forecast page.

Nomura Real Estate Master Fund Announces Debt Refinancing with Green Loan Component

Nomura Real Estate Master Fund, Inc. has announced a debt financing initiative to refinance existing loans totaling ¥16,794.2 million, with the new loan amounting to ¥16,780 million. This refinancing move, which includes a green loan component, is aimed at repaying maturing loans and underscores the company’s commitment to sustainable finance practices, potentially enhancing its market position and stakeholder confidence.

The most recent analyst rating on (JP:3462) stock is a Hold with a Yen165000.00 price target. To see the full list of analyst forecasts on Nomura Real Estate Master stock, see the JP:3462 Stock Forecast page.