NIPPON REIT Investment (TSE:3296) FFO per Share: 円4,962.53 (TTM As of Dec. 2025)

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TSE:3296 NIPPON REIT Investment Corp TSE:3296
64 GF Score
Price 円81,600.00
GF Value 円93,812.98
Valuation Modestly Undervalued
! 3 Warning Signs
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What is NIPPON REIT Investment FFO per Share?

NIPPON REIT Investment TSE:3296 -1.09% 64 FFO per Share is 円4,962.53 as of Dec. 2025. GuruFocus rates TSE:3296 with a GF Score™ of 64/100 and a GF Value™ of 円93,812.98 (Modestly Undervalued). The stock has 3 warning signs investors should review.

NIPPON REIT Investment's FFO per Share for the six months ended in Dec. 2025 was 円4,377.12. NIPPON REIT Investment's FFO per Share for the trailing twelve months (TTM) ended in Dec. 2025 was 円4,962.53.


NIPPON REIT Investment FFO per Share Related Terms


NIPPON REIT Investment FFO per Share Historical Data

* Premium members only.

The historical data trend for NIPPON REIT Investment'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.

NIPPON REIT Investment FFO per Share Chart

NIPPON REIT Investment Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FFO per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,726.25 6,472.24 6,789.56 5,457.47 5,440.18

NIPPON REIT Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FFO per Share 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 2,781.26 3,211.12 3,275.83 585.41 4,377.12

TSE:3296 vs BXP, ARE, VNO: FFO per Share Comparison

For the REIT - Office subindustry, NIPPON REIT Investment'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.


NIPPON REIT Investment Price-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, NIPPON REIT Investment's Price-to-FFO distribution charts can be found below:

* The bar in red indicates where NIPPON REIT Investment's Price-to-FFO falls into.


TSE:3296
64GF Score
NIPPON REIT Investment Corp TSE:3296
FFO per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIPPON REIT Investment FFO per Share Calculation

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

NIPPON REIT Investment's FFO per Share for the fiscal year that ended in Dec. 2023 is calculated as

FFO per Share (A: Dec. 2023 )=FFO (A: Dec. 2023 /Shares Outstanding (Diluted Average) (A: Dec. 2023 )
=9792.322/1.800
=5,440.18

NIPPON REIT Investment's FFO per Share for the quarter that ended in Dec. 2025 is calculated as

FFO per Share (Q: Dec. 2025 )=FFO (Q: Dec. 2025 )/Shares Outstanding (Diluted Average) (Q: Dec. 2025 )
=7738.749/1.768
=4,377.12

FFO per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円4,962.53

* 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 FFO per Share →
What does a FFO per Share of 円4,962.53 mean?
NIPPON REIT Investment (TSE:3296) has a FFO per Share of 円4,962.53 as of Dec. 2025. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on NIPPON REIT Investment and its competitors.
Is NIPPON REIT Investment's FFO per Share too high?
NIPPON REIT Investment's current FFO per Share is 円4,962.53. Overall, NIPPON REIT Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIPPON REIT Investment's FFO per Share compare to BXP and ARE?
NIPPON REIT Investment's FFO per Share of 円4,962.53 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 NIPPON REIT Investment and its competitors. NIPPON REIT Investment's current FFO per Share is 円4,962.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, NIPPON REIT Investment (TSE:3296) is currently considered Modestly Undervalued. The stock's GF Value™ is 円93,812.98, compared to a current price of 円81,600.00 — trading 13% below its estimated fair value. The current FFO per Share is 円4,962.53. NIPPON REIT Investment's overall GF Score™ is 64/100 with 3 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 NIPPON REIT Investment (TSE:3296), the current FFO per Share is 円4,962.53 as of Dec. 2025. 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 NIPPON REIT Investment (TSE:3296) Overvalued in 2026?

Based on GuruFocus' analysis, NIPPON REIT Investment stock appears to be undervalued. The current stock price of 円81,600.00 is trading 13% below its estimated GF Value™ of 円93,812.98. GuruFocus considers NIPPON REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3296:

  • FFO per Share: 円4,962.53
  • GF Value™: 円93,812.98 vs. price of 円81,600.00 (13% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the TSE:3296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NIPPON REIT Investment Business Description

Industry Real EstateREITs
Address No. 17 No. 18 Shinkawa, Chuo-ku, Tokyo-chome, JPN
NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders principally in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.
64GF Score

Get the complete analysis for TSE:3296

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

円81,600.00
Price
円93,812.98
GF Value