Valuation Nomura Research Institute, Ltd.

Equities

4307

JP3762800005

IT Services & Consulting

Market Closed - Japan Exchange Other stock markets 12:00:00 05/06/2026 pm IST			5-day change	1st Jan Change
4,882.00 ^JPY	+2.93%		-2.79%	-18.92%

02/06	Tranche Update on Nomura Research Institute, Ltd.'s Equity Buyback Plan announced on April 24, 2026.	CI
01/06	Nomura Research Institute, Ltd.'s Equity Buyback announced on April 24, 2026, has closed with 14,707,100 shares, representing 2.56% for ¥69,999.5 million.	CI

Company Valuation: Nomura Research Institute, Ltd.

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	20,53,376	23,67,803	18,10,008	24,43,193	27,64,970	28,04,243	-	-
Change	-	15.31%	-23.56%	34.98%	13.17%	1.42%	-	-
Enterprise Value (EV) ¹	20,19,851	25,02,608	19,18,495	25,67,796	28,67,396	25,87,892	28,81,929	27,86,413
Change	-	23.9%	-23.34%	33.84%	11.67%	-9.75%	-0.08%	-3.31%
P/E ratio	30.1x	33.3x	23.8x	31x	29.6x	163x	22.5x	20.4x
PBR	5.85x	6.98x	4.55x	6.12x	6.37x	5.73x	5.9x	5.06x
PEG	-	5.62x	3.44x	5.01x	1.5x	-1.9x	1x	1.9x
Capitalization / Revenue	3.73x	3.87x	2.61x	3.32x	3.62x	3.05x	3.27x	3.1x
EV / Revenue	3.67x	4.09x	2.77x	3.49x	3.75x	3.18x	3.36x	3.08x
EV / EBITDA	17.1x	16.9x	12.2x	15.2x	15.6x	23.6x	12.6x	11.3x
EV / EBIT	23.4x	23.6x	17.2x	21.3x	21.3x	44.4x	16.2x	14.3x
EV / FCF	45.1x	-77.2x	33.2x	28.9x	38.1x	25.5x	25.2x	21.5x
FCF Yield	2.22%	-1.3%	3.01%	3.46%	2.62%	3.92%	3.96%	4.64%
Dividend per Share ²	36	40	45	53	63	77	85.94	94.82
Rate of return	1.05%	1%	1.47%	1.25%	1.3%	1.78%	1.76%	1.94%
EPS ²	113.8	120.6	128.9	136.9	163.6	26.62	216.8	239.5
Distribution rate	31.6%	33.2%	34.9%	38.7%	38.5%	289%	39.6%	39.6%
Net sales ¹	5,50,490	6,11,634	6,92,165	7,36,556	7,64,813	8,14,708	8,57,344	9,04,454
EBITDA ¹	1,17,879	1,48,159	1,56,924	1,68,568	1,83,817	1,09,548	2,28,415	2,46,181
EBIT ¹	86,502	1,06,218	1,11,832	1,20,411	1,34,907	58,273	1,77,757	1,95,071
Net income ¹	68,120	71,445	76,307	79,643	93,762	15,257	1,23,408	1,35,178
Net Debt ¹	-33,525	1,34,805	1,08,487	1,24,603	1,02,426	1,03,508	77,686	-17,829
Reference price ²	3,425.00	4,020.00	3,065.00	4,243.00	4,836.00	4,882.00	4,882.00	4,882.00
Nbr of stocks (in thousands)	5,99,526	5,89,006	5,90,541	5,75,817	5,71,747	5,74,405	-	-
Announcement Date	27/04/21	27/04/22	27/04/23	25/04/24	24/04/25	24/04/26	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NOMURA RESEARCH INSTITUTE, LTD.	27.69x	3.55x	14.65x	1.51%	1.75TCr
IBM	27.75x	4.42x	15.41x	2.37%	27TCr
ACCENTURE PLC	13.25x	1.41x	7.42x	3.65%	11TCr
TATA CONSULTANCY SERVICES LTD.	14.11x	2.58x	9.51x	5.91%	8.35TCr
SNOWFLAKE INC.	-83.45x	13.15x	76.27x	-.--%	8.26TCr
RELX PLC	20.57x	5.36x	13.25x	2.77%	6.2TCr
INFOSYS LIMITED	15.54x	2.3x	9.64x	4.94%	5.09TCr
FUJITSU LIMITED	14.24x	1.64x	11.24x	1.13%	3.89TCr
NEC CORPORATION	22.8x	1.55x	11.06x	0.77%	3.52TCr
HCL TECHNOLOGIES LIMITED	15.73x	1.99x	9.41x	5.5%	3.28TCr
Average	8.82x	3.80x	17.79x	2.85%	7.8TCr
Weighted average by Cap.	9.72x	4.27x	18.88x	2.85%