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Nomura Real Estate Master Fund (TSE:3462) Operating Margin % : 44.23% (As of Aug. 2024)


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What is Nomura Real Estate Master Fund Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Nomura Real Estate Master Fund's Operating Income for the six months ended in Aug. 2024 was 円19,941 Mil. Nomura Real Estate Master Fund's Revenue for the six months ended in Aug. 2024 was 円45,082 Mil. Therefore, Nomura Real Estate Master Fund's Operating Margin % for the quarter that ended in Aug. 2024 was 44.23%.

Good Sign:

Nomura Real Estate Master Fund Inc operating margin is expanding. Margin expansion is usually a good sign.

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

TSE:3462' s Operating Margin % Range Over the Past 10 Years
Min: 37.03   Med: 39.84   Max: 53.55
Current: 41.58


TSE:3462's Operating Margin % is ranked worse than
64.4% of 764 companies
in the REITs industry
Industry Median: 51.63 vs TSE:3462: 41.58

Nomura Real Estate Master Fund's 5-Year Average Operating Margin % Growth Rate was 1.30% per year.

Nomura Real Estate Master Fund's Operating Income for the six months ended in Aug. 2024 was 円19,941 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Aug. 2024 was 円35,114 Mil.


Nomura Real Estate Master Fund Operating Margin % Historical Data

The historical data trend for Nomura Real Estate Master Fund's Operating 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.

* Premium members only.

Nomura Real Estate Master Fund Operating Margin % Chart

Nomura Real Estate Master Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.31 40.11 39.84 39.43 41.90

Nomura Real Estate Master Fund Semi-Annual Data
Aug14 Feb15 Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Operating 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 39.94 40.30 43.38 38.53 44.23

Competitive Comparison of Nomura Real Estate Master Fund's Operating Margin %

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

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

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



Nomura Real Estate Master Fund Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Nomura Real Estate Master Fund's Operating Margin % for the fiscal year that ended in Aug. 2023 is calculated as

Operating Margin %=Operating Income (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=35045.437 / 83631.624
=41.90 %

Nomura Real Estate Master Fund's Operating Margin % for the quarter that ended in Aug. 2024 is calculated as

Operating Margin %=Operating Income (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=19941.278 / 45081.568
=44.23 %

* 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  (TSE:3462) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Nomura Real Estate Master Fund Operating Margin % Related Terms

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Nomura Real Estate Master Fund Business Description

Traded in Other Exchanges
Address
8-5-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN
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.

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