Nomura Research Institute, Ltd. (FRA:NR7)

Nomura Research Institute Statistics

Total Valuation

FRA:NR7 has a market cap or net worth of EUR 14.70 billion. The enterprise value is 15.42 billion.

Market Cap	14.70B
Enterprise Value	15.42B

Important Dates

The last earnings date was Thursday, January 29, 2026.

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

Share Statistics

Current Share Class	573.50M
Shares Outstanding	n/a
Shares Change (YoY)	-0.28%
Shares Change (QoQ)	+0.05%
Owned by Insiders (%)	0.18%
Owned by Institutions (%)	38.86%
Float	399.04M

Valuation Ratios

The trailing PE ratio is 25.74.

PE Ratio	25.74
Forward PE	n/a
PS Ratio	3.39
PB Ratio	5.35
P/TBV Ratio	13.05
P/FCF Ratio	19.63
P/OCF Ratio	18.87
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.04, with an EV/FCF ratio of 20.59.

EV / Earnings	27.00
EV / Sales	3.54
EV / EBITDA	14.04
EV / EBIT	18.69
EV / FCF	20.59

Financial Position

The company has a current ratio of 2.08, with a Debt / Equity ratio of 0.47.

Current Ratio	2.08
Quick Ratio	1.64
Debt / Equity	0.47
Debt / EBITDA	1.18
Debt / FCF	1.72
Interest Coverage	31.50

Financial Efficiency

Return on equity (ROE) is 22.70% and return on invested capital (ROIC) is 17.05%.

Return on Equity (ROE)	22.70%
Return on Assets (ROA)	10.25%
Return on Invested Capital (ROIC)	17.05%
Return on Capital Employed (ROCE)	19.90%
Weighted Average Cost of Capital (WACC)	n/a
Revenue Per Employee	260,194
Profits Per Employee	34,252
Employee Count	16,679
Asset Turnover	0.87
Inventory Turnover	n/a

Taxes

In the past 12 months, FRA:NR7 has paid 251.61 million in taxes.

Income Tax	251.61M
Effective Tax Rate	30.45%

Stock Price Statistics

The stock price has decreased by -16.77% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-16.77%
50-Day Moving Average	32.99
200-Day Moving Average	33.26
Relative Strength Index (RSI)	18.16
Average Volume (20 Days)	1

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:NR7 had revenue of EUR 4.34 billion and earned 571.29 million in profits. Earnings per share was 1.00.

Revenue	4.34B
Gross Profit	1.60B
Operating Income	817.19M
Pretax Income	826.26M
Net Income	571.29M
EBITDA	1.09B
EBIT	817.19M
Earnings Per Share (EPS)	1.00

Balance Sheet

The company has 590.28 million in cash and 1.29 billion in debt, with a net cash position of -695.29 million.

Cash & Cash Equivalents	590.28M
Total Debt	1.29B
Net Cash	-695.29M
Net Cash Per Share	n/a
Equity (Book Value)	2.75B
Book Value Per Share	4.75
Working Capital	1.13B

Cash Flow

In the last 12 months, operating cash flow was 779.10 million and capital expenditures -29.98 million, giving a free cash flow of 749.12 million.

Operating Cash Flow	779.10M
Capital Expenditures	-29.98M
Free Cash Flow	749.12M
FCF Per Share	n/a

Margins

Gross margin is 36.77%, with operating and profit margins of 18.83% and 13.16%.

Gross Margin	36.77%
Operating Margin	18.83%
Pretax Margin	19.04%
Profit Margin	13.16%
EBITDA Margin	25.11%
EBIT Margin	18.83%
FCF Margin	17.26%

Dividends & Yields

This stock pays an annual dividend of 0.41, which amounts to a dividend yield of 1.59%.

Dividend Per Share	0.41
Dividend Yield	1.59%
Dividend Growth (YoY)	14.77%
Years of Dividend Growth	12
Payout Ratio	37.58%
Buyback Yield	0.28%
Shareholder Yield	1.86%
Earnings Yield	3.89%
FCF Yield	5.09%

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 June 26, 2019. It was a forward split with a ratio of 3.

Last Split Date	Jun 26, 2019
Split Type	Forward
Split Ratio	3

Scores

FRA:NR7 has an Altman Z-Score of 6.59 and a Piotroski F-Score of 8.

Altman Z-Score	6.59
Piotroski F-Score	8