NMMRF (Nomura Real Estate Master Fund) Price-to-Funds-From-Operations: 10.87 (As of Aug. 19, 2026)

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NMMRF Nomura Real Estate Master Fund Inc NMMRF
54 GF Score
Price $1,008.35
GF Value $1,078.76
! 5 Warning Signs
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What is Nomura Real Estate Master Fund Price-to-Funds-From-Operations?

Nomura Real Estate Master Fund NMMRF 54 Price-to-Funds-From-Operations is 10.87 as of Aug. 19, 2026. GuruFocus rates NMMRF with a GF Score™ of 54/100 and a GF Value™ of $1,078.76. The stock has 5 warning signs investors should review.

As of today (2026-08-19), Nomura Real Estate Master Fund's share price is $1008.35. Nomura Real Estate Master Fund's FFO per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $92.73. Hence, Nomura Real Estate Master Fund's Price-to-Funds-From-Operations Ratio for today is 10.87.


Nomura Real Estate Master Fund  (OTCPK:NMMRF) Price-to-Funds-From-Operations Explanation

For common stocks, investors use PE ratio, Price to Earnings raio to compare the valuation of different companies. Price-to-Funds-From-Operations ratio is a comparable measure used in the REIT industry. It's a better way to assess whether a REIT is expensive or cheap relative to peers.


Nomura Real Estate Master Fund Price-to-Funds-From-Operations Related Terms


Nomura Real Estate Master Fund Price-to-Funds-From-Operations Historical Data

* Premium members only.

The historical data trend for Nomura Real Estate Master Fund's Price-to-Funds-From-Operations 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 Price-to-Funds-From-Operations Chart

Nomura Real Estate Master Fund Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Price-to-Funds-From-Operations
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.25 15.57 14.63 11.20 9.69

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
Price-to-Funds-From-Operations 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 15.92 7.03 10.31 14.04 8.88

NMMRF vs SPG, O, KIM: Price-to-Funds-From-Operations Comparison

For the REIT - Retail subindustry, Nomura Real Estate Master Fund's Price-to-Funds-From-Operations, along with its competitors' market caps and Price-to-Funds-From-Operations 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 Price-to-Funds-From-Operations vs REITs Industry

For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's Price-to-Funds-From-Operations distribution charts can be found below:

* The bar in red indicates where Nomura Real Estate Master Fund's Price-to-Funds-From-Operations falls into.


NMMRF
54GF Score
Nomura Real Estate Master Fund Inc NMMRF
Price-to-Funds-From-Operations is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Real Estate Master Fund Price-to-Funds-From-Operations Calculation

Nomura Real Estate Master Fund's Price-to-Funds-From-Operations ratio for today is calculated as

Price-to-Funds-From-Operations Ratio=Share Price/ FFO per Share (TTM)
=1008.35/92.726
=10.87

Nomura Real Estate Master Fund's Share Price of today is $1008.35.
Nomura Real Estate Master Fund's FFO per Share for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $92.73.

* 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.

What does a Price-to-Funds-From-Operations of 10.87 mean?
Nomura Real Estate Master Fund (NMMRF) has a Price-to-Funds-From-Operations of 10.87 as of Aug. 19, 2026.
Is Nomura Real Estate Master Fund's Price-to-Funds-From-Operations too high?
Nomura Real Estate Master Fund's current Price-to-Funds-From-Operations is 10.87. Overall, Nomura Real Estate Master Fund has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Master Fund's Price-to-Funds-From-Operations compare to SPG and O?
Nomura Real Estate Master Fund's Price-to-Funds-From-Operations of 10.87 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Funds-From-Operations for a REITs company?
A good Price-to-Funds-From-Operations depends on the REITs industry context. However, Price-to-Funds-From-Operations 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 Price-to-Funds-From-Operations mean?
A high Price-to-Funds-From-Operations can signal that a stock is expensive relative to its fundamentals. Nomura Real Estate Master Fund's current Price-to-Funds-From-Operations is 10.87. 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 Price-to-Funds-From-Operations of 10.87. The stock's GF Value™ is $1,078.76, compared to a current price of $1,008.35 — trading 6.5% below its estimated fair value. The current Price-to-Funds-From-Operations is 10.87. Nomura Real Estate Master Fund's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Funds-From-Operations calculated?
Price-to-Funds-From-Operations is calculated from a company's financial statements. For Nomura Real Estate Master Fund (NMMRF), the current Price-to-Funds-From-Operations is 10.87 as of Aug. 19, 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 6.5% below its estimated GF Value™ of $1,078.76.

Key valuation signals for NMMRF:

  • Price-to-Funds-From-Operations: 10.87
  • GF Value™: $1,078.76 vs. price of $1,008.35 (6.5% below fair value)
  • GF Score™: 54/100 with 5 warning signs

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

Industry Real EstateREITs
Other Exchanges 3462:Japan
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.
54GF Score

Get the complete analysis for NMMRF

Price-to-Funds-From-Operations is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1,008.35
Price
$1,078.76
GF Value