Nomura Real Estate Holdings,Inc.

3231 TSE Real Estate Real Estate
TSE Prime
¥902.00
-0.61%
Delayed · cached 15 min

Fair value analysis

3231
Nomura Real Estate Holdings,Inc.
Real EstateReal Estate
¥902.00
Close used for this calculation
¥1,635.47Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
72/100
Profitability19/25
Returns18/25
Balance Sheet10/25
Efficiency25/25
Growth19/25
Strong
Quality radar
72Prof.19/25Ret.18/25Eff.25/25B.Sht10/25Growth19/25

Consensus fair value

¥1,635.47
Below FV
▲ +81.3% against the close used
Model range ¥1,028.78 – ¥2,157.76
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear¥1,028.78Fair value¥1,635.47Bull¥2,157.76
FairClose
52-week traded range
52W low ¥867.5052W high ¥1,162.50

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading below the consensus fair value

Nomura Real Estate Holdings,Inc. closed at ¥902.00, 44.8% below the consensus fair value of ¥1,635.47 drawn from 9 valuation models.

Financial DNA score 72/100 — Strong. P/E of 9.3x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥1,919.20
+112.8%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥1,429.72
+58.5%
√(22.5 × EPS × BVPS)
EPS=96.69, BVPS=939.58
P/E Fair Value
¥1,933.80
+114.4%
EPS × 20x (sector P/E)
EPS=96.69, Sector P/E=20x
Peter Lynch (PEG)
¥1,028.78
+14.1%
EPS × Growth% (PEG = 1 is fair)
EPS=96.69, g=10.6%
EV/EBITDA
¥1,218.41
+35.1%
(EBITDA × 15.3x − Net Debt) ÷ Shares
EBITDA=167.61B
Dividend Discount (DDM)
¥2,157.76
+139.2%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=39.96, r=10%, g=8%
Book Value (P/B)
¥1,104.01
+22.4%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=939.58, ROE=10.7%, g=6%, r=10%
Reverse DCF
¥902.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: -3.3% | Historical: 10.6%
Margin of Safety
¥1,320.68
+46.4%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=1760.91, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.