Nomura Real Estate Holdings, Inc. (FRA:N9U)

FRA:N9U Statistics

Total Valuation

FRA:N9U has a market cap or net worth of EUR 4.42 billion. The enterprise value is 13.01 billion.

Market Cap	4.42B
Enterprise Value	13.01B

Important Dates

The next estimated earnings date is Wednesday, January 28, 2026.

Earnings Date	Jan 28, 2026
Ex-Dividend Date	Sep 29, 2025

Share Statistics

Current Share Class	857.46M
Shares Outstanding	n/a
Shares Change (YoY)	-0.74%
Shares Change (QoQ)	+0.06%
Owned by Insiders (%)	0.11%
Owned by Institutions (%)	25.30%
Float	508.36M

Valuation Ratios

The trailing PE ratio is 12.05.

PE Ratio	12.05
Forward PE	n/a
PS Ratio	0.99
PB Ratio	1.02
P/TBV Ratio	1.08
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.68, with an EV/FCF ratio of -7.54.

EV / Earnings	35.48
EV / Sales	3.03
EV / EBITDA	16.68
EV / EBIT	20.35
EV / FCF	-7.54

Financial Position

The company has a current ratio of 2.56, with a Debt / Equity ratio of 2.25.

Current Ratio	2.56
Quick Ratio	0.30
Debt / Equity	2.25
Debt / EBITDA	12.67
Debt / FCF	-5.63
Interest Coverage	6.55

Financial Efficiency

Return on equity (ROE) is 8.58% and return on invested capital (ROIC) is 3.02%.

Return on Equity (ROE)	8.58%
Return on Assets (ROA)	2.64%
Return on Invested Capital (ROIC)	3.02%
Return on Capital Employed (ROCE)	4.92%
Revenue Per Employee	510,523
Profits Per Employee	42,000
Employee Count	8,732
Asset Turnover	0.30
Inventory Turnover	0.46

Taxes

In the past 12 months, FRA:N9U has paid 148.48 million in taxes.

Income Tax	148.48M
Effective Tax Rate	28.78%

Stock Price Statistics

The stock price has increased by +13.04% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+13.04%
50-Day Moving Average	5.14
200-Day Moving Average	5.17
Relative Strength Index (RSI)	51.52
Average Volume (20 Days)	n/a

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, FRA:N9U had revenue of EUR 4.46 billion and earned 366.74 million in profits. Earnings per share was 0.43.

Revenue	4.46B
Gross Profit	1.51B
Operating Income	620.77M
Pretax Income	515.88M
Net Income	366.74M
EBITDA	767.28M
EBIT	620.77M
Earnings Per Share (EPS)	0.43

Balance Sheet

The company has 795.53 million in cash and 9.72 billion in debt, giving a net cash position of -8.93 billion.

Cash & Cash Equivalents	795.53M
Total Debt	9.72B
Net Cash	-8.93B
Net Cash Per Share	n/a
Equity (Book Value)	4.32B
Book Value Per Share	5.02
Working Capital	5.26B

Cash Flow

In the last 12 months, operating cash flow was -790.22 million and capital expenditures -935.77 million, giving a free cash flow of -1.73 billion.

Operating Cash Flow	-790.22M
Capital Expenditures	-935.77M
Free Cash Flow	-1.73B
FCF Per Share	n/a

Margins

Gross margin is 33.87%, with operating and profit margins of 13.93% and 8.23%.

Gross Margin	33.87%
Operating Margin	13.93%
Pretax Margin	11.57%
Profit Margin	8.23%
EBITDA Margin	17.21%
EBIT Margin	13.93%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.64, which amounts to a dividend yield of 12.31%.

Dividend Per Share	0.64
Dividend Yield	12.31%
Dividend Growth (YoY)	230.62%
Years of Dividend Growth	3
Payout Ratio	46.76%
Buyback Yield	0.74%
Shareholder Yield	13.05%
Earnings Yield	8.30%
FCF Yield	-39.04%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 28, 2025. It was a forward split with a ratio of 5.

Last Split Date	Mar 28, 2025
Split Type	Forward
Split Ratio	5

Scores

FRA:N9U has an Altman Z-Score of 1.29 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.29
Piotroski F-Score	2