Nomura Research InstituteNRILY -2.21%88 FCF Margin % is 13.20% as of Mar. 2026, which is 36% above its 10-year median of 9.69. GuruFocus rates NRILY with a GF Score™ of 88/100 and a GF Value™ of $32.86 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,814 Software companies, Nomura Research Institute ranks better than 74.95% on this metric.
* 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.
For the Information Technology Services subindustry, Nomura Research Institute'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 Research Institute FCF Margin % vs Software Industry
For the Software industry and Technology sector, Nomura Research Institute's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Nomura Research Institute's FCF Margin % falls into.
* 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 Research Institute (NRILY) has a FCF Margin % of 13.20% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Nomura Research Institute and its competitors. This is 36% above median its historical median of 9.69. Over the past decade, Nomura Research Institute's FCF Margin % has ranged from 5.27 to 16.16. According to the industry distribution chart, Nomura Research Institute ranks #705 out of 2814 companies in the Software industry, placing it in the top 25.1%.
Is Nomura Research Institute's FCF Margin % too high?
Nomura Research Institute's current FCF Margin % of 13.20% is 36% above median its 10-year median of 9.69. Over the past 10 years, this metric has ranged from a low of 5.27 to a high of 16.16. The Software industry median FCF Margin % is 2.41. Nomura Research Institute's value of 13.20% is 447.7% above this industry median. Based on the distribution chart, Nomura Research Institute ranks #705 out of 2814 companies in the Software industry, which is above the industry midpoint. Overall, Nomura Research Institute has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's FCF Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Nomura Research Institute ranks #705 out of 2814 companies for FCF Margin %. This puts Nomura Research Institute in the upper half of its industry. The industry median FCF Margin % is 2.41. Nomura Research Institute's value of 13.20% is 447.7% above this benchmark. Historically, Nomura Research Institute's own FCF Margin % has ranged from 5.27 to 16.16 over the past decade. While the company's 10-year median is 9.69 vs. the industry median of 2.41, Nomura Research Institute 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 Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,814 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 Research Institute's current FCF Margin % of 13.20% is 447.7% 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 Research Institute and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Research Institute's current FCF Margin % is 13.20%, which is 36% above median its own 10-year median of 9.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NRILY) is currently considered Modestly Undervalued. The stock's GF Value™ is $32.86, compared to a current price of $26.34 — trading 19.8% below its estimated fair value. The current FCF Margin % is 13.20%, which is 36% above median its 10-year median of 9.69 and 447.7% above the Software industry median of 2.41. Nomura Research Institute's overall GF Score™ is 88/100 with 3 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 Research Institute (NRILY), the current FCF Margin % is 13.20% as of Mar. 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 Research Institute (NRILY) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Research Institute stock appears to be undervalued.
The current stock price of $26.34 is trading 19.8% below its estimated GF Value™ of $32.86.
GuruFocus considers Nomura Research Institute to be Modestly Undervalued.
Key valuation signals for NRILY:
FCF Margin %: 13.20% (36% above median its 10-year median of 9.69)
GF Value™: $32.86 vs. price of $26.34 (19.8% below fair value)
Industry Position: 447.7% above the Software median (#705 of 2814)
No single metric tells the full story. See the NRILY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
88GF Score
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