Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nomura Research InstituteNURAF 88 5-Year Yield-on-Cost % is 3.52 as of Jul. 15, 2026, which is 25% above its 10-year median of 2.81. GuruFocus rates NURAF with a GF Score™ of 88/100 and a GF Value™ of $30.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,028 Software companies, Nomura Research Institute ranks better than 53.79% on this metric.
The historical rank and industry rank for Nomura Research Institute's 5-Year Yield-on-Cost % or its related term are showing as below:
NURAF'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.61 Med: 2.81 Max: 5.4
Current: 3.52
During the past 13 years, Nomura Research Institute's highest Yield on Cost was 5.40. The lowest was 1.61. And the median was 2.81.
NURAF's 5-Year Yield-on-Cost % is ranked better than 53.79% of 1028
companies
in the Software industry
Industry Median: 3.06
vs NURAF: 3.52
Nomura Research Institute (OTCPK:NURAF) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Nomura Research Institute 5-Year Yield-on-Cost % Related Terms
NURAF vs IBM, ACN, FISV: 5-Year Yield-on-Cost % Comparison
For the Information Technology Services subindustry, Nomura Research Institute's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 Research Institute 5-Year Yield-on-Cost % vs Software Industry
For the Software industry and Technology sector, Nomura Research Institute's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Nomura Research Institute's 5-Year Yield-on-Cost % falls into.
Nomura Research Institute 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Nomura Research Institute (NURAF) has a 5-Year Yield-on-Cost % of 3.52 as of Jul. 15, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Nomura Research Institute and its competitors. This is 25% above median its historical median of 2.81. Over the past decade, Nomura Research Institute's 5-Year Yield-on-Cost % has ranged from 1.61 to 5.40. According to the industry distribution chart, Nomura Research Institute ranks #475 out of 1028 companies in the Software industry, placing it in the top 46.2%.
Is Nomura Research Institute's 5-Year Yield-on-Cost % too high?
Nomura Research Institute's current 5-Year Yield-on-Cost % of 3.52 is 25% above median its 10-year median of 2.81. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 5.40. The Software industry median 5-Year Yield-on-Cost % is 3.06. Nomura Research Institute's value of 3.52 is 15% above this industry median. Based on the distribution chart, Nomura Research Institute ranks #475 out of 1028 companies in the Software industry, which is above the industry midpoint. Overall, Nomura Research Institute has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's 5-Year Yield-on-Cost % compare to IBM and ACN?
According to the Software industry distribution chart, Nomura Research Institute ranks #475 out of 1028 companies for 5-Year Yield-on-Cost %. This puts Nomura Research Institute in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 3.06. Nomura Research Institute's value of 3.52 is 15% above this benchmark. Historically, Nomura Research Institute's own 5-Year Yield-on-Cost % has ranged from 1.61 to 5.40 over the past decade. While the company's 10-year median is 2.81 vs. the industry median of 3.06, Nomura Research Institute 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 5-Year Yield-on-Cost % for a Software company?
The median 5-Year Yield-on-Cost % among Software companies is 3.06, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nomura Research Institute's current 5-Year Yield-on-Cost % of 3.52 is 15% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Nomura Research Institute and its competitors. For the Software industry, the median 5-Year Yield-on-Cost % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Research Institute's current 5-Year Yield-on-Cost % is 3.52, which is 25% above median its own 10-year median of 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NURAF) is currently considered Fairly Valued. The stock's GF Value™ is $30.66, compared to a current price of $30.95 — trading 0.9% above its estimated fair value. The current 5-Year Yield-on-Cost % is 3.52, which is 25% above median its 10-year median of 2.81 and 15% above the Software industry median of 3.06. Nomura Research Institute's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Nomura Research Institute (NURAF), the current 5-Year Yield-on-Cost % is 3.52 as of Jul. 15, 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 Research Institute (NURAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Research Institute stock appears to be overvalued.
The current stock price of $30.95 is trading 0.9% above its estimated GF Value™ of $30.66.
GuruFocus considers Nomura Research Institute to be Fairly Valued.
Key valuation signals for NURAF:
5-Year Yield-on-Cost %: 3.52 (25% above median its 10-year median of 2.81)
GF Value™: $30.66 vs. price of $30.95 (0.9% above fair value)
Industry Position: 15% above the Software median (#475 of 1028)
No single metric tells the full story. See the NURAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
88GF Score
Get the complete analysis for NURAF
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NURAF has been successfully added to your 
