Nomura Real Estate Master Fund (OTCPK:NMMRF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Nomura Real Estate Master Fund had a gross margin of 54.95% for the quarter that ended in Feb. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Nomura Real Estate Master Fund Gross Margin % Related Terms
Nomura Real Estate Master Fund Gross Margin % Historical Data
* 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 Gross Margin % Chart
For the REIT - Retail subindustry, Nomura Real Estate Master Fund's Gross Margin %, along with its competitors' market caps and Gross 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 Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Nomura Real Estate Master Fund's Gross 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Nomura Real Estate Master Fund (NMMRF) has a Gross Margin % of 54.95% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nomura Real Estate Master Fund and its competitors. This is near median its historical median of 57.13. Over the past decade, Nomura Real Estate Master Fund's Gross Margin % has ranged from 56.41 to 58.52. According to the industry distribution chart, Nomura Real Estate Master Fund ranks #528 out of 681 companies in the REITs industry, placing it in the top 77.5%.
Is Nomura Real Estate Master Fund's Gross Margin % too high?
Nomura Real Estate Master Fund's current Gross Margin % of 54.95% is near median its 10-year median of 57.13. Over the past 10 years, this metric has ranged from a low of 56.41 to a high of 58.52. The REITs industry median Gross Margin % is 69.62. Nomura Real Estate Master Fund's value of 54.95% is 21.1% below this industry median. Based on the distribution chart, Nomura Real Estate Master Fund ranks #528 out of 681 companies in the REITs industry, which is in the bottom quartile relative to peers. 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 Gross Margin % compare to SPG and O?
According to the REITs industry distribution chart, Nomura Real Estate Master Fund ranks #528 out of 681 companies for Gross Margin %. This places Nomura Real Estate Master Fund in the lower half of its industry. The industry median Gross Margin % is 69.62. Nomura Real Estate Master Fund's value of 54.95% is 21.1% below this benchmark. Historically, Nomura Real Estate Master Fund's own Gross Margin % has ranged from 56.41 to 58.52 over the past decade. While the company's 10-year median is 57.13 vs. the industry median of 69.62, Nomura Real Estate Master Fund has consistently been below 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 Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.62, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross 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 Gross Margin % of 54.95% is 21.1% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Nomura Real Estate Master Fund and its competitors. For the REITs industry, the median Gross Margin % is 69.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Master Fund's current Gross Margin % is 54.95%, which is near median its own 10-year median of 57.13. 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 Gross Margin % of 54.95%. 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 Gross Margin % is 54.95%, which is near median its 10-year median of 57.13 and 21.1% below the REITs industry median of 69.62. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Nomura Real Estate Master Fund (NMMRF), the current Gross Margin % is 54.95% 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:
Gross Margin %: 54.95% (near median its 10-year median of 57.13)
GF Value™: $1,050.09 vs. price of $1,008.35 (4% below fair value)
Industry Position: 21.1% below the REITs median (#528 of 681)
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
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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