TICKER 3231.T
ISIN JP3762900003
Market cap. JPY
877,383,414,360
Shs outstanding 860,179,818
Nomura Real Estate Holdings, Inc. operates as a real estate company in Japan and internationally. The company develops, leases, and manages office buildings, commercial facilities, logistics facilities, hotels, and other properties; develops and sells condominiums and houses; operates housing with services for the elderly; develops rental properties; provides Internet advertising services for housing and living assistance services; and offers consignment services for planning and management for commercial facilities. It also provides asset management services for real estate securitization, including REITs and private placement funds; and real estate brokerage and consulting, insurance agency, and real estate information website management services. In addition, the company engages in the management of properties, such as condominiums and educational facilities; provision of renovation and repair work for tenants; remodeling of condominiums and housing; and provision of cleaning services for condominiums and office buildings. Further, it participates in, promotes, and supports urban development projects and reconstruction of housing complexes; and manages fitness clubs. Nomura Real Estate Holdings, Inc. was founded in 1957 and is headquartered in Tokyo, Japan.
Return at exit: Live
Strong Performance with Attractive Valuation
• Nomura Real Estate stands out for its impressive market momentum, with a 28.6% 1-year return and nearly 18% gain over six months, currently trading near its 52-week high. • The stock offers compelling value with a P/E ratio of ~13 (forward P/E of ~12), and a price-to-book ratio of just 1.1, suggesting significant potential upside compared to peers. • Financial strength is evident through a solid operating margin of ~14% and healthy gross profit margin of nearly 34%. • Income-focused investors benefit from the attractive 3.7% dividend yield with impressive 14.3% dividend growth rate. • Analysts strongly support the bullish outlook, with over 75% rating it a “Buy” or “Strong Buy” and setting an average price target of ¥1,042, representing potential upside from current levels.