The historical rank and industry rank for Nomura Real Estate Master Fund's Pretax Margin % or its related term are showing as below:
NMMRF'
s Pretax Margin % Range Over the Past 10 Years
Min: 30.01 Med: 33.68 Max: 38.38
Current: 34.7
NMMRF's Pretax Margin % is ranked worse than 62.41% of 931
companies
in the REITs industry
Industry Median: 46.93
vs NMMRF: 34.70
Nomura Real Estate Master Fund (OTCPK:NMMRF) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Nomura Real Estate Master Fund Pretax Margin % Related Terms
Nomura Real Estate Master Fund Pretax 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 Pretax Margin % Chart
For the REIT - Retail subindustry, Nomura Real Estate Master Fund's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nomura Real Estate Master Fund's Pretax 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.
Nomura Real Estate Master Fund (NMMRF) has a Pretax Margin % of 32.43% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nomura Real Estate Master Fund and its competitors. This is near median its historical median of 33.68. Over the past decade, Nomura Real Estate Master Fund's Pretax Margin % has ranged from 30.01 to 38.38. According to the industry distribution chart, Nomura Real Estate Master Fund ranks #581 out of 931 companies in the REITs industry, placing it in the top 62.4%.
Is Nomura Real Estate Master Fund's Pretax Margin % too high?
Nomura Real Estate Master Fund's current Pretax Margin % of 32.43% is near median its 10-year median of 33.68. Over the past 10 years, this metric has ranged from a low of 30.01 to a high of 38.38. The REITs industry median Pretax Margin % is 46.93. Nomura Real Estate Master Fund's value of 32.43% is 30.9% below this industry median. Based on the distribution chart, Nomura Real Estate Master Fund ranks #581 out of 931 companies in the REITs industry, which is below the industry midpoint. 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 Pretax Margin % compare to SPG and O?
According to the REITs industry distribution chart, Nomura Real Estate Master Fund ranks #581 out of 931 companies for Pretax Margin %. This places Nomura Real Estate Master Fund in the lower half of its industry. The industry median Pretax Margin % is 46.93. Nomura Real Estate Master Fund's value of 32.43% is 30.9% below this benchmark. Historically, Nomura Real Estate Master Fund's own Pretax Margin % has ranged from 30.01 to 38.38 over the past decade. While the company's 10-year median is 33.68 vs. the industry median of 46.93, 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 Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax 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 Pretax Margin % of 32.43% is 30.9% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nomura Real Estate Master Fund and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Master Fund's current Pretax Margin % is 32.43%, which is near median its own 10-year median of 33.68. 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 Pretax Margin % of 32.43%. 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 Pretax Margin % is 32.43%, which is near median its 10-year median of 33.68 and 30.9% below the REITs industry median of 46.93. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Nomura Real Estate Master Fund (NMMRF), the current Pretax Margin % is 32.43% 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:
Pretax Margin %: 32.43% (near median its 10-year median of 33.68)
GF Value™: $1,050.09 vs. price of $1,008.35 (4% below fair value)
Industry Position: 30.9% below the REITs median (#581 of 931)
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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