Nomura Real Estate Master Fund (FRA:8BQ) FCF Margin %: 53.16% (As of Feb. 2026) — 228% Above Median


FRA:8BQ Nomura Real Estate Master Fund Inc FRA:8BQ
58 GF Score
Price €825.00
GF Value €854.72
! 5 Warning Signs
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What is Nomura Real Estate Master Fund FCF Margin %?

Nomura Real Estate Master Fund FRA:8BQ +1.23% 58 FCF Margin % is 53.16% as of Feb. 2026, which is 228% above its 10-year median of 16.21. GuruFocus rates FRA:8BQ with a GF Score™ of 58/100 and a GF Value™ of €854.72. The stock has 5 warning signs investors should review. Among 936 REITs companies, Nomura Real Estate Master Fund ranks better than 57.26% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Nomura Real Estate Master Fund's Free Cash Flow for the six months ended in Feb. 2026 was €119.4 Mil. Nomura Real Estate Master Fund's Revenue for the six months ended in Feb. 2026 was €224.6 Mil. Therefore, Nomura Real Estate Master Fund's FCF Margin % for the quarter that ended in Feb. 2026 was 53.16%.

As of today, Nomura Real Estate Master Fund's current FCF Yield % is 5.71%.

The historical rank and industry rank for Nomura Real Estate Master Fund's FCF Margin % or its related term are showing as below:

FRA:8BQ' s FCF Margin % Range Over the Past 10 Years
Min: -90.67   Med: 16.21   Max: 47.83
Current: 47.83


During the past 11 years, the highest FCF Margin % of Nomura Real Estate Master Fund was 47.83%. The lowest was -90.67%. And the median was 16.21%.

FRA:8BQ's FCF Margin % is ranked better than
57.26% of 936 companies
in the REITs industry
Industry Median: 40.025 vs FRA:8BQ: 47.83


Nomura Real Estate Master Fund FCF Margin % Related Terms


Nomura Real Estate Master Fund FCF Margin % Historical Data

* Premium members only.

The historical data trend for Nomura Real Estate Master Fund's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nomura Real Estate Master Fund FCF Margin % Chart

Nomura Real Estate Master Fund Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.68 25.59 16.21 39.97 40.80

Nomura Real Estate Master Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.01 53.71 42.34 43.13 53.16

FRA:8BQ vs SPG, O, KIM: FCF Margin % Comparison

For the REIT - Retail subindustry, Nomura Real Estate Master Fund's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nomura Real Estate Master Fund FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Nomura Real Estate Master Fund's FCF Margin % falls into.


FRA:8BQ
58GF Score
Nomura Real Estate Master Fund Inc FRA:8BQ
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Real Estate Master Fund FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Nomura Real Estate Master Fund's FCF Margin for the fiscal year that ended in Aug. 2024 is calculated as

FCF Margin=Free Cash Flow (A: Aug. 2024 )/Revenue (A: Aug. 2024 )
=213.665/523.727
=40.80 %

Nomura Real Estate Master Fund's FCF Margin for the quarter that ended in Feb. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=119.414/224.649
=53.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 53.16% mean?
Nomura Real Estate Master Fund (FRA:8BQ) has a FCF Margin % of 53.16% as of Feb. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Nomura Real Estate Master Fund and its competitors. This is 228% above median its historical median of 16.21. According to the industry distribution chart, Nomura Real Estate Master Fund ranks #400 out of 936 companies in the REITs industry, placing it in the top 42.7%.
Is Nomura Real Estate Master Fund's FCF Margin % too high?
Nomura Real Estate Master Fund's current FCF Margin % of 53.16% is 228% above median its 10-year median of 16.21. The REITs industry median FCF Margin % is 40.03. Nomura Real Estate Master Fund's value of 53.16% is 32.8% above this industry median. Based on the distribution chart, Nomura Real Estate Master Fund ranks #400 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Nomura Real Estate Master Fund has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Master Fund's FCF Margin % compare to SPG and O?
According to the REITs industry distribution chart, Nomura Real Estate Master Fund ranks #400 out of 936 companies for FCF Margin %. This puts Nomura Real Estate Master Fund in the upper half of its industry. The industry median FCF Margin % is 40.03. Nomura Real Estate Master Fund's value of 53.16% is 32.8% above this benchmark. While the company's 10-year median is 16.21 vs. the industry median of 40.03, Nomura Real Estate Master Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nomura Real Estate Master Fund's current FCF Margin % of 53.16% is 32.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Nomura Real Estate Master Fund and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Master Fund's current FCF Margin % is 53.16%, which is 228% above median its own 10-year median of 16.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Real Estate Master Fund stock overvalued right now?
Nomura Real Estate Master Fund (FRA:8BQ) has a current FCF Margin % of 53.16%. The stock's GF Value™ is €854.72, compared to a current price of €825.00 — trading 3.5% below its estimated fair value. The current FCF Margin % is 53.16%, which is 228% above median its 10-year median of 16.21 and 32.8% above the REITs industry median of 40.03. Nomura Real Estate Master Fund's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Nomura Real Estate Master Fund (FRA:8BQ), the current FCF Margin % is 53.16% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nomura Real Estate Master Fund (FRA:8BQ) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Real Estate Master Fund stock appears to be undervalued. The current stock price of €825.00 is trading 3.5% below its estimated GF Value™ of €854.72.

Key valuation signals for FRA:8BQ:

  • FCF Margin %: 53.16% (228% above median its 10-year median of 16.21)
  • GF Value™: €854.72 vs. price of €825.00 (3.5% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 32.8% above the REITs median (#400 of 936)

No single metric tells the full story. See the FRA:8BQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nomura Real Estate Master Fund Business Description

Industry Real EstateREITs
Other Exchanges 3462:Japan
Address 1-13-1 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8645
Nomura Real Estate Master Fund Inc is a Japanese based company operates as a real estate investment trust. It is implementing medium- to long-term management Strategy, to achieve securing stable income over the medium to long term period, also ensures the steady growth of assets under management. The company invests in logistic facilities and commercial facilities in the Tokyo metropolitan area. It is managed by the fund manager Nomura Real Estate Asset Management Co Ltd.
58GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€825.00
Price
€854.72
GF Value