As of 2025-06-02, the Intrinsic Value of Nomura Real Estate Master Fund Inc (3462.T) is 126,980.22 JPY. This 3462.T valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 144,700.00 JPY, the upside of Nomura Real Estate Master Fund Inc is -12.20%.
The range of the Intrinsic Value is 49,769.80 - 393,981.84 JPY
Based on its market price of 144,700.00 JPY and our intrinsic valuation, Nomura Real Estate Master Fund Inc (3462.T) is overvalued by 12.20%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 49,769.80 - 393,981.84 | 126,980.22 | -12.2% |
| DCF (Growth 10y) | 51,276.74 - 354,765.01 | 119,653.76 | -17.3% |
| DCF (EBITDA 5y) | 159,977.45 - 195,769.69 | 177,515.14 | 22.7% |
| DCF (EBITDA 10y) | 148,176.45 - 192,629.98 | 169,588.96 | 17.2% |
| Fair Value | 42,663.58 - 42,663.58 | 42,663.58 | -70.52% |
| P/E | 122,508.79 - 139,912.12 | 132,797.80 | -8.2% |
| EV/EBITDA | 33,601.64 - 188,046.69 | 110,089.25 | -23.9% |
| EPV | 15,895.75 - 46,754.81 | 31,325.38 | -78.4% |
| DDM - Stable | 101,711.85 - 449,908.05 | 275,810.75 | 90.6% |
| DDM - Multi | 104,829.85 - 327,319.84 | 155,036.13 | 7.1% |
| Market Cap (mil) | 672,855.00 |
| Beta | 0.24 |
| Outstanding shares (mil) | 4.65 |
| Enterprise Value (mil) | 1,162,276.00 |
| Market risk premium | 6.13% |
| Cost of Equity | 5.22% |
| Cost of Debt | 4.25% |
| WACC | 4.79% |