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NIPPON REIT Investment's quarterly market cap
increased
from Dec. 2024 (円134,545 Mil) to Jun. 2025 (円156,291 Mil) and
increased
from Jun. 2025 (円156,291 Mil) to Dec. 2025 (円174,678 Mil).
NIPPON REIT Investment's annual market cap
declined
from Dec. 2021 (円184,500 Mil) to Dec. 2022 (円156,375 Mil) and
declined
from Dec. 2022 (円156,375 Mil) to Dec. 2023 (円151,200 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. NIPPON REIT Investment's Enterprise Value for Today is 円273,223 Mil.
NIPPON REIT Investment (TSE:3296) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
* 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 REIT - Office subindustry, NIPPON REIT Investment's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs REITs Industry
For the REITs industry and Real Estate sector, NIPPON REIT Investment's Market Cap distribution charts can be found below:
* The bar in red indicates where NIPPON REIT Investment's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
NIPPON REIT Investment's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (TSE:3296) has a Market Cap of 円149,355 Mil as of Aug. 04, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NIPPON REIT Investment and its competitors. According to the industry distribution chart, NIPPON REIT Investment ranks #301 out of 962 companies in the REITs industry, placing it in the top 31.3%.
Is NIPPON REIT Investment's Market Cap too high?
NIPPON REIT Investment's current Market Cap is 円149,355 Mil. Based on the distribution chart, NIPPON REIT Investment ranks #301 out of 962 companies in the REITs industry, which is above the industry midpoint. 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 Market Cap compare to BXP and ARE?
According to the REITs industry distribution chart, NIPPON REIT Investment ranks #301 out of 962 companies for Market Cap. This puts NIPPON REIT Investment in the upper half of its industry. The industry median Market Cap is 286.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a REITs company?
The median Market Cap among REITs companies is 286.66, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NIPPON REIT Investment and its competitors. For the REITs industry, the median Market Cap is 286.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON REIT Investment's current Market Cap is 円149,355 Mil. 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 Market Cap is 円149,355 Mil. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For NIPPON REIT Investment (TSE:3296), the current Market Cap is 円149,355 Mil as of Aug. 04, 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 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:
Market Cap: 円149,355 Mil
GF Value™: 円93,812.98 vs. price of 円81,600.00 (13% below fair value)
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 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
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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