Nomura Real Estate Holdings (TSE:3231) FCF Margin %: 29.18% (As of Mar. 2026)


TSE:3231 Nomura Real Estate Holdings Inc TSE:3231
79 GF Score
Price 円926.00
GF Value 円1,084.03
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nomura Real Estate Holdings FCF Margin %?

Nomura Real Estate Holdings TSE:3231 +1.39% 79 FCF Margin % is 29.18% as of Mar. 2026. GuruFocus rates TSE:3231 with a GF Score™ of 79/100 and a GF Value™ of 円1,084.03 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,754 Real Estate companies, Nomura Real Estate Holdings ranks worse than 64.2% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Nomura Real Estate Holdings's Free Cash Flow for the three months ended in Mar. 2026 was 円105,308 Mil. Nomura Real Estate Holdings's Revenue for the three months ended in Mar. 2026 was 円360,943 Mil. Therefore, Nomura Real Estate Holdings's FCF Margin % for the quarter that ended in Mar. 2026 was 29.18%.

As of today, Nomura Real Estate Holdings's current FCF Yield % is -3.07%.

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

TSE:3231' s FCF Margin % Range Over the Past 10 Years
Min: -39.75   Med: -5.31   Max: 10.34
Current: -2.57


During the past 13 years, the highest FCF Margin % of Nomura Real Estate Holdings was 10.34%. The lowest was -39.75%. And the median was -5.31%.

TSE:3231's FCF Margin % is ranked worse than
64.2% of 1754 companies
in the Real Estate industry
Industry Median: 6.12 vs TSE:3231: -2.57


Nomura Real Estate Holdings FCF Margin % Related Terms


Nomura Real Estate Holdings FCF Margin % Historical Data

* Premium members only.

The historical data trend for Nomura Real Estate Holdings'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 Holdings FCF Margin % Chart

Nomura Real Estate Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 -13.27 0.66 -39.75 -2.57

Nomura Real Estate Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -104.11 -7.67 -32.77 -29.82 29.18

TSE:3231 vs CBRE, BEKE: FCF Margin % Comparison

For the Real Estate Services subindustry, Nomura Real Estate Holdings'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 Holdings FCF Margin % vs Real Estate Industry

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

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


TSE:3231
79GF Score
Nomura Real Estate Holdings Inc TSE:3231
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nomura Real Estate Holdings 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 Holdings's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=-24259/942505
=-2.57 %

Nomura Real Estate Holdings's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=105308/360943
=29.18 %

* 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 29.18% mean?
Nomura Real Estate Holdings (TSE:3231) has a FCF Margin % of 29.18% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Nomura Real Estate Holdings and its competitors. According to the industry distribution chart, Nomura Real Estate Holdings ranks #1126 out of 1754 companies in the Real Estate industry, placing it in the top 64.2%.
Is Nomura Real Estate Holdings' FCF Margin % too high?
Nomura Real Estate Holdings' current FCF Margin % is 29.18%. The Real Estate industry median FCF Margin % is 6.12. Nomura Real Estate Holdings' value of 29.18% is 376.8% above this industry median. Based on the distribution chart, Nomura Real Estate Holdings ranks #1126 out of 1754 companies in the Real Estate industry, which is below the industry midpoint. Overall, Nomura Real Estate Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Holdings' FCF Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nomura Real Estate Holdings ranks #1126 out of 1754 companies for FCF Margin %. This places Nomura Real Estate Holdings in the lower half of its industry. The industry median FCF Margin % is 6.12. Nomura Real Estate Holdings' value of 29.18% is 376.8% above this benchmark. 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 Real Estate company?
The median FCF Margin % among Real Estate companies is 6.12, based on 1,754 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 Holdings's current FCF Margin % of 29.18% is 376.8% 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 Holdings and its competitors. For the Real Estate industry, the median FCF Margin % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Holdings's current FCF Margin % is 29.18%. 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 Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nomura Real Estate Holdings (TSE:3231) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,084.03, compared to a current price of 円926.00 — trading 14.6% below its estimated fair value. The current FCF Margin % is 29.18% and 376.8% above the Real Estate industry median of 6.12. Nomura Real Estate Holdings' overall GF Score™ is 79/100 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 Real Estate Holdings (TSE:3231), the current FCF Margin % is 29.18% 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 Real Estate Holdings (TSE:3231) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Real Estate Holdings stock appears to be undervalued. The current stock price of 円926.00 is trading 14.6% below its estimated GF Value™ of 円1,084.03. GuruFocus considers Nomura Real Estate Holdings to be Modestly Undervalued.

Key valuation signals for TSE:3231:

  • FCF Margin %: 29.18%
  • GF Value™: 円1,084.03 vs. price of 円926.00 (14.6% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 376.8% above the Real Estate median (#1126 of 1754)

No single metric tells the full story. See the TSE:3231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nomura Real Estate Holdings Business Description

Other Exchanges NMEHF:USA
Address 2-26 Nishi-Shinjuku 1-chome, Shinjuku Nomura Building, Shinjuku-ku, Tokyo, JPN, 163-0566
Nomura Real Estate Holdings Inc comprises Nomura Real Estate Development and other group companies. It operates in residential development, leasing, investment management, property brokerage, commercial real estate, property management, and other areas. Residential development is the leading business and provides a diverse group of services. Condominiums and detached housing are among the various property types offered. The group launches numerous properties under its branded names, like Proud and Ohana, in various parts of the Tokyo metropolitan area. In addition to commercial property development, the group provides corporate real estate brokerage and architectural design.
79GF Score

Get the complete analysis for TSE:3231

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

円926.00
Price
円1,084.03
GF Value