Nomura Research Institute, Ltd. (FRA:NR7)

Nomura Research Institute Statistics

Total Valuation

FRA:NR7 has a market cap or net worth of EUR 19.96 billion. The enterprise value is 20.61 billion.

Market Cap	19.96B
Enterprise Value	20.61B

Important Dates

The next estimated earnings date is Thursday, January 29, 2026.

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

Share Statistics

Current Share Class	573.31M
Shares Outstanding	n/a
Shares Change (YoY)	-0.57%
Shares Change (QoQ)	+0.15%
Owned by Insiders (%)	0.18%
Owned by Institutions (%)	39.45%
Float	398.86M

Valuation Ratios

The trailing PE ratio is 34.09.

PE Ratio	34.09
Forward PE	n/a
PS Ratio	4.41
PB Ratio	7.20
P/TBV Ratio	17.93
P/FCF Ratio	24.79
P/OCF Ratio	23.87
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.87, with an EV/FCF ratio of 25.59.

EV / Earnings	35.19
EV / Sales	4.74
EV / EBITDA	18.87
EV / EBIT	25.15
EV / FCF	25.59

Financial Position

The company has a current ratio of 1.72, with a Debt / Equity ratio of 0.55.

Current Ratio	1.72
Quick Ratio	1.14
Debt / Equity	0.55
Debt / EBITDA	1.35
Debt / FCF	1.90
Interest Coverage	29.21

Financial Efficiency

Return on equity (ROE) is 22.96% and return on invested capital (ROIC) is 12.81%.

Return on Equity (ROE)	22.96%
Return on Assets (ROA)	9.72%
Return on Invested Capital (ROIC)	12.81%
Return on Capital Employed (ROCE)	20.28%
Revenue Per Employee	271,093
Profits Per Employee	35,108
Employee Count	16,679
Asset Turnover	0.83
Inventory Turnover	n/a

Taxes

In the past 12 months, FRA:NR7 has paid 264.42 million in taxes.

Income Tax	264.42M
Effective Tax Rate	30.98%

Stock Price Statistics

The stock price has increased by +21.43% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+21.43%
50-Day Moving Average	32.78
200-Day Moving Average	32.97
Relative Strength Index (RSI)	52.72
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:NR7 had revenue of EUR 4.52 billion and earned 585.56 million in profits. Earnings per share was 1.02.

Revenue	4.52B
Gross Profit	1.66B
Operating Income	845.54M
Pretax Income	853.40M
Net Income	585.56M
EBITDA	1.13B
EBIT	845.54M
Earnings Per Share (EPS)	1.02

Balance Sheet

The company has 880.31 million in cash and 1.53 billion in debt, giving a net cash position of -647.62 million.

Cash & Cash Equivalents	880.31M
Total Debt	1.53B
Net Cash	-647.62M
Net Cash Per Share	n/a
Equity (Book Value)	2.77B
Book Value Per Share	4.80
Working Capital	1.13B

Cash Flow

In the last 12 months, operating cash flow was 836.28 million and capital expenditures -31.01 million, giving a free cash flow of 805.27 million.

Operating Cash Flow	836.28M
Capital Expenditures	-31.01M
Free Cash Flow	805.27M
FCF Per Share	n/a

Margins

Gross margin is 36.76%, with operating and profit margins of 18.70% and 12.95%.

Gross Margin	36.76%
Operating Margin	18.70%
Pretax Margin	18.87%
Profit Margin	12.95%
EBITDA Margin	24.97%
EBIT Margin	18.70%
FCF Margin	17.81%

Dividends & Yields

This stock pays an annual dividend of 0.41, which amounts to a dividend yield of 1.20%.

Dividend Per Share	0.41
Dividend Yield	1.20%
Dividend Growth (YoY)	14.77%
Years of Dividend Growth	11
Payout Ratio	35.46%
Buyback Yield	0.57%
Shareholder Yield	1.77%
Earnings Yield	2.93%
FCF Yield	4.03%

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 5.62 and a Piotroski F-Score of 6.

Altman Z-Score	5.62
Piotroski F-Score	6