10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Nomura Real Estate Master Fund's 10-Year ROIIC % for the quarter that ended in Aug. 2024 was 2.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
NMMRF's 10-Year ROIIC % is ranked worse than 64.05% of 573
companies
in the REITs industry
Industry Median: 3.63
vs NMMRF: 2.60
Nomura Real Estate Master Fund (OTCPK:NMMRF) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Nomura Real Estate Master Fund 10-Year ROIIC % Related Terms
Nomura Real Estate Master Fund 10-Year ROIIC % 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 10-Year ROIIC % Chart
For the REIT - Retail subindustry, Nomura Real Estate Master Fund's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nomura Real Estate Master Fund's 10-Year ROIIC % falls into.
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 240.069 (Aug. 2024) - 96.950606 (Aug. 2014) )
/
( 8287.843 (Aug. 2024) - 2377.493 (Aug. 2014) )
=
143.118394
/
5910.35
=
2.42%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Nomura Real Estate Master Fund (NMMRF) has a 10-Year ROIIC % of 2.60 as of Aug. 2024. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Nomura Real Estate Master Fund and its competitors. According to the industry distribution chart, Nomura Real Estate Master Fund ranks #367 out of 573 companies in the REITs industry, placing it in the top 64%.
Is Nomura Real Estate Master Fund's 10-Year ROIIC % too high?
Nomura Real Estate Master Fund's current 10-Year ROIIC % is 2.60. The REITs industry median 10-Year ROIIC % is 3.63. Nomura Real Estate Master Fund's value of 2.60 is 28.4% below this industry median. Based on the distribution chart, Nomura Real Estate Master Fund ranks #367 out of 573 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 10-Year ROIIC % compare to SPG and O?
According to the REITs industry distribution chart, Nomura Real Estate Master Fund ranks #367 out of 573 companies for 10-Year ROIIC %. This places Nomura Real Estate Master Fund in the lower half of its industry. The industry median 10-Year ROIIC % is 3.63. Nomura Real Estate Master Fund's value of 2.60 is 28.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a REITs company?
The median 10-Year ROIIC % among REITs companies is 3.63, based on 573 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nomura Real Estate Master Fund's current 10-Year ROIIC % of 2.60 is 28.4% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Nomura Real Estate Master Fund and its competitors. For the REITs industry, the median 10-Year ROIIC % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Master Fund's current 10-Year ROIIC % is 2.60. 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 10-Year ROIIC % of 2.60. The stock's GF Value™ is $1,049.59, compared to a current price of $1,008.35 — trading 3.9% below its estimated fair value. The current 10-Year ROIIC % is 2.60 and 28.4% below the REITs industry median of 3.63. 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 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Nomura Real Estate Master Fund (NMMRF), the current 10-Year ROIIC % is 2.60 as of Aug. 2024. 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 3.9% below its estimated GF Value™ of $1,049.59.
Key valuation signals for NMMRF:
10-Year ROIIC %: 2.60
GF Value™: $1,049.59 vs. price of $1,008.35 (3.9% below fair value)
Industry Position: 28.4% below the REITs median (#367 of 573)
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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