Nomura Real Estate Master Fund (TSE:3462) OCF Margin %: 109.02% (As of Feb. 2026) — 65% Above Median


TSE:3462 Nomura Real Estate Master Fund Inc TSE:3462
57 GF Score
Price 円149,600.00
GF Value 円159,404.50
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Nomura Real Estate Master Fund OCF Margin %?

Nomura Real Estate Master Fund TSE:3462 +0.27% 57 OCF Margin % is 109.02% as of Feb. 2026, which is 65% above its 10-year median of 66.16. GuruFocus rates TSE:3462 with a GF Score™ of 57/100 and a GF Value™ of 円159,404.50 (Fairly Valued). The stock has 5 warning signs investors should review. Among 936 REITs companies, Nomura Real Estate Master Fund ranks better than 78.95% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Nomura Real Estate Master Fund's Cash Flow from Operations for the six months ended in Feb. 2026 was 円44,901 Mil. Nomura Real Estate Master Fund's Revenue for the six months ended in Feb. 2026 was 円41,186 Mil. Therefore, Nomura Real Estate Master Fund's OCF Margin % for the quarter that ended in Feb. 2026 was 109.02%.

As of today, Nomura Real Estate Master Fund's current OCF Yield % is 9.63%.

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

TSE:3462' s OCF Margin % Range Over the Past 10 Years
Min: 54.83   Med: 66.16   Max: 109.91
Current: 78.65


During the past 11 years, the highest OCF Margin % of Nomura Real Estate Master Fund was 109.91%. The lowest was 54.83%. And the median was 66.16%.

TSE:3462's OCF Margin % is ranked better than
78.95% of 936 companies
in the REITs industry
Industry Median: 49.395 vs TSE:3462: 78.65


Nomura Real Estate Master Fund OCF Margin % Related Terms


Nomura Real Estate Master Fund OCF Margin % Historical Data

* Premium members only.

The historical data trend for Nomura Real Estate Master Fund's OCF 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 Master Fund OCF Margin % Chart

Nomura Real Estate Master Fund Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.70 57.31 66.16 77.95 89.68

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
OCF 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 56.93 118.29 79.15 50.03 109.02

TSE:3462 vs SPG, O, KIM: OCF Margin % Comparison

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

For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Nomura Real Estate Master Fund's OCF Margin % falls into.


TSE:3462
57GF Score
Nomura Real Estate Master Fund Inc TSE:3462
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nomura Real Estate Master Fund OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Aug. 2024 )/Revenue (A: Aug. 2024 )
=75743.88/84456.984
=89.68 %

Nomura Real Estate Master Fund's OCF Margin for the quarter that ended in Feb. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=44901.358/41186.131
=109.02 %

* 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 OCF Margin % →
What does a OCF Margin % of 109.02% mean?
Nomura Real Estate Master Fund (TSE:3462) has a OCF Margin % of 109.02% as of Feb. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Nomura Real Estate Master Fund and its competitors. This is 65% above median its historical median of 66.16. Over the past decade, Nomura Real Estate Master Fund's OCF Margin % has ranged from 54.83 to 109.91. According to the industry distribution chart, Nomura Real Estate Master Fund ranks #197 out of 936 companies in the REITs industry, placing it in the top 21%.
Is Nomura Real Estate Master Fund's OCF Margin % too high?
Nomura Real Estate Master Fund's current OCF Margin % of 109.02% is 65% above median its 10-year median of 66.16. Over the past 10 years, this metric has ranged from a low of 54.83 to a high of 109.91. The REITs industry median OCF Margin % is 49.40. Nomura Real Estate Master Fund's value of 109.02% is 120.7% above this industry median. Based on the distribution chart, Nomura Real Estate Master Fund ranks #197 out of 936 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Nomura Real Estate Master Fund has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Master Fund's OCF Margin % compare to SPG and O?
According to the REITs industry distribution chart, Nomura Real Estate Master Fund ranks #197 out of 936 companies for OCF Margin %. This places Nomura Real Estate Master Fund in the top 21% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 49.40. Nomura Real Estate Master Fund's value of 109.02% is 120.7% above this benchmark. Historically, Nomura Real Estate Master Fund's own OCF Margin % has ranged from 54.83 to 109.91 over the past decade. While the company's 10-year median is 66.16 vs. the industry median of 49.40, Nomura Real Estate Master Fund has consistently been above 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 OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.40, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF 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 OCF Margin % of 109.02% is 120.7% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Nomura Real Estate Master Fund and its competitors. For the REITs industry, the median OCF Margin % is 49.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Master Fund's current OCF Margin % is 109.02%, which is 65% above median its own 10-year median of 66.16. 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?
Based on GuruFocus' analysis, Nomura Real Estate Master Fund (TSE:3462) is currently considered Fairly Valued. The stock's GF Value™ is 円159,404.50, compared to a current price of 円149,600.00 — trading 6.2% below its estimated fair value. The current OCF Margin % is 109.02%, which is 65% above median its 10-year median of 66.16 and 120.7% above the REITs industry median of 49.40. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Nomura Real Estate Master Fund (TSE:3462), the current OCF Margin % is 109.02% 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 (TSE:3462) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Real Estate Master Fund stock appears to be undervalued. The current stock price of 円149,600.00 is trading 6.2% below its estimated GF Value™ of 円159,404.50. GuruFocus considers Nomura Real Estate Master Fund to be Fairly Valued.

Key valuation signals for TSE:3462:

  • OCF Margin %: 109.02% (65% above median its 10-year median of 66.16)
  • GF Value™: 円159,404.50 vs. price of 円149,600.00 (6.2% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 120.7% above the REITs median (#197 of 936)

No single metric tells the full story. See the TSE:3462 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 EstateREITs
Address 1-13-1 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8645
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

Get the complete analysis for TSE:3462

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

円149,600.00
Price
円159,404.50
GF Value