NMMRF (Nomura Real Estate Master Fund) FFO per Share: $92.73 (TTM As of Feb. 2026)

What is Nomura Real Estate Master Fund FFO per Share?

Nomura Real Estate Master Fund NMMRF 57 FFO per Share is $92.73 as of Feb. 2026. GuruFocus rates NMMRF with a GF Score™ of 57/100 and a GF Value™ of $1,050.09. The stock has 5 warning signs investors should review.

Nomura Real Estate Master Fund's FFO per Share for the six months ended in Feb. 2026 was $56.81. Nomura Real Estate Master Fund's FFO per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $92.73.

Nomura Real Estate Master Fund FFO per Share Related Terms

Nomura Real Estate Master Fund FFO per Share Historical Data

* Premium members only.

The historical data trend for Nomura Real Estate Master Fund's FFO per Share 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 FFO per Share Chart

Nomura Real Estate Master Fund Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

FFO per Share

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82.45

80.76

79.62

95.61

110.55

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
FFO per Share	Get a 7-Day Free Trial															33.64	76.19	48.90	35.92	56.81

NMMRF vs SPG, O, KIM: FFO per Share Comparison

For the REIT - Retail subindustry, Nomura Real Estate Master Fund's Price-to-FFO, along with its competitors' market caps and Price-to-FFO 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 Price-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's Price-to-FFO distribution charts can be found below:

* The bar in red indicates where Nomura Real Estate Master Fund's Price-to-FFO falls into.

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57GF Score

Nomura Real Estate Master Fund Inc NMMRF

FFO per Share is just one metric. See GF Score™, valuation, warning signs, and more.

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Nomura Real Estate Master Fund FFO per Share Calculation

FFO per Share is the amount of funds from operations per outstanding share of the REITs stock.

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

FFO per Share (A: Aug. 2024 )	=	FFO (A: Aug. 2024	/	Shares Outstanding (Diluted Average) (A: Aug. 2024 )
	=	520.677	/	4.710
	=	110.55

Nomura Real Estate Master Fund's FFO per Share for the quarter that ended in Feb. 2026 is calculated as

FFO per Share (Q: Feb. 2026 )	=	FFO (Q: Feb. 2026 )	/	Shares Outstanding (Diluted Average) (Q: Feb. 2026 )
	=	263.923	/	4.646
	=	56.81

FFO per Share for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $92.73

Frequently Asked Questions Learn more about FFO per Share →

What does a FFO per Share of $92.73 mean?

Nomura Real Estate Master Fund (NMMRF) has a FFO per Share of $92.73 as of Feb. 2026. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Nomura Real Estate Master Fund and its competitors.

Is Nomura Real Estate Master Fund's FFO per Share too high?

Nomura Real Estate Master Fund's current FFO per Share is $92.73. Overall, Nomura Real Estate Master Fund has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.

How does Nomura Real Estate Master Fund's FFO per Share compare to SPG and O?

Nomura Real Estate Master Fund's FFO per Share of $92.73 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good FFO per Share for a REITs company?

A good FFO per Share depends on the REITs industry context. However, FFO per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high FFO per Share mean?

A high FFO per Share can signal that a stock is expensive relative to its fundamentals. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Nomura Real Estate Master Fund and its competitors. Nomura Real Estate Master Fund's current FFO per Share is $92.73. 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 (NMMRF) has a current FFO per Share of $92.73. The stock's GF Value™ is $1,050.09, compared to a current price of $1,008.35 — trading 4% below its estimated fair value. The current FFO per Share is $92.73. Nomura Real Estate Master Fund's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is FFO per Share calculated?

FFO per Share is calculated from a company's financial statements. For Nomura Real Estate Master Fund (NMMRF), the current FFO per Share is $92.73 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 (NMMRF) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Real Estate Master Fund stock appears to be undervalued. The current stock price of $1,008.35 is trading 4% below its estimated GF Value™ of $1,050.09.

Key valuation signals for NMMRF:

FFO per Share: $92.73
GF Value™: $1,050.09 vs. price of $1,008.35 (4% below fair value)
GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the NMMRF 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 Estate REITs

Comparable Companies TSE:8953 TSE:3292 TSE:8964 TSE:2971 SPG O KIM XPAR:URW REG SGX:C38U ASX:SCG XPAR:LI HKSE:00823 FRT BRX ADC NNN ASX:VCX TSX:CHP.UN MAC

Other Exchanges 3462:Japan

Address 1-13-1 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8645

Website https://www.nomura.co.jp

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.

57GF Score

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FFO per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1,008.35

Price

$1,050.09

GF Value

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