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Nomura Real Estate Master Fund (TSE:3462) Intrinsic Value: Projected FCF : 円0.00 (As of Jun. 08, 2024)


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What is Nomura Real Estate Master Fund Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-06-08), Nomura Real Estate Master Fund's Intrinsic Value: Projected FCF is 円0.00. The stock price of Nomura Real Estate Master Fund is 円139900.00. Therefore, Nomura Real Estate Master Fund's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Nomura Real Estate Master Fund's Intrinsic Value: Projected FCF or its related term are showing as below:

TSE:3462's Price-to-Projected-FCF is not ranked *
in the REITs industry.
Industry Median: 0.65
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Nomura Real Estate Master Fund Intrinsic Value: Projected FCF Historical Data

The historical data trend for Nomura Real Estate Master Fund's Intrinsic Value: Projected FCF 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.

* Premium members only.

Nomura Real Estate Master Fund Intrinsic Value: Projected FCF Chart

Nomura Real Estate Master Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial - - - 101,561.00 103,799.00

Nomura Real Estate Master Fund Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb24
Intrinsic Value: Projected FCF 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 - 103,799.00 - - -

Competitive Comparison of Nomura Real Estate Master Fund's Intrinsic Value: Projected FCF

For the REIT - Retail subindustry, Nomura Real Estate Master Fund's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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's Price-to-Projected-FCF Distribution in the REITs Industry

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

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



Nomura Real Estate Master Fund Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Nomura Real Estate Master Fund's Free Cash Flow(6 year avg) = 円-672.74.

Nomura Real Estate Master Fund's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Aug21)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-672.73642857143+619901.4*0.8)/4.716
=103,799.07

* 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  (TSE:3462) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Nomura Real Estate Master Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=139900.00/103799.07393312
=1.35

* 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 Intrinsic Value: Projected FCF Related Terms

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Nomura Real Estate Master Fund (TSE:3462) Business Description

Traded in Other Exchanges
N/A
Address
8-5-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN
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.

Nomura Real Estate Master Fund (TSE:3462) Headlines

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