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Nomura Research Institute, Ltd. NURAF

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39.00 USD 0.00 (+0.00%)

At closeNov 6, 2026, 4:00 PM EST

39.00 Day range 39.00
23.36 52-week range 41.53
YTD
+3.70%
1 year
+2.88%

Financial health

Altman Z-Score

5.94 Safe zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

7 / 9 Strong

Nine pass/fail tests of profitability, leverage and efficiency.

Valuation

P/E 151×
FY 2017: 77.7×FY 2018: 63.2×FY 2019: 72.9×FY 2020: 56.1×FY 2021: 40.2×FY 2022: 37.6×FY 2023: 22.8×FY 2024: 30.8×FY 2025: 29.9×FY 2026: 151×
FY 2017 5y median 30.8× FY 2026
P/S 2.9×
FY 2017: 8.3×FY 2018: 7.4×FY 2019: 7.4×FY 2020: 6.2×FY 2021: 3.9×FY 2022: 4.4×FY 2023: 2.5×FY 2024: 3.3×FY 2025: 3.7×FY 2026: 2.9×
FY 2017 5y median 3.3× FY 2026
P/B 5.4×
FY 2017: 8.0×FY 2018: 8.3×FY 2019: 9.6×FY 2020: 7.9×FY 2021: 6.4×FY 2022: 7.9×FY 2023: 4.4×FY 2024: 6.1×FY 2025: 6.5×FY 2026: 5.4×
FY 2017 5y median 6.1× FY 2026
P/FCF 16.5×
FY 2017: 157×FY 2018: 99.7×FY 2019: 120×FY 2020: 106×FY 2021: 28.2×FY 2022: 48.3×FY 2023: 27.1×FY 2024: 26.5×FY 2025: 34.8×FY 2026: 16.5×
FY 2017 5y median 27.1× FY 2026
EV/EBITDA 11.9×
FY 2017: 36.4×FY 2018: 29.7×FY 2019: 34.4×FY 2020: 25.2×FY 2021: 17.7×FY 2022: 18.5×FY 2023: 11.6×FY 2024: 15.4×FY 2025: 15.4×FY 2026: 11.9×
FY 2017 5y median 15.4× FY 2026
EV/Sales 3.0×
FY 2017: 8.0×FY 2018: 7.2×FY 2019: 7.4×FY 2020: 6.0×FY 2021: 4.0×FY 2022: 4.5×FY 2023: 2.7×FY 2024: 3.5×FY 2025: 3.8×FY 2026: 3.0×
FY 2017 5y median 3.5× FY 2026
FCF Yield 6.1%
FY 2017: 0.6%FY 2018: 1.0%FY 2019: 0.8%FY 2020: 0.9%FY 2021: 3.5%FY 2022: 2.1%FY 2023: 3.7%FY 2024: 3.8%FY 2025: 2.9%FY 2026: 6.1%
FY 2017 5y median 3.7% FY 2026

Profitability

Gross Margin 36.8%
FY 2017: 33.9%FY 2018: 33.9%FY 2019: 32.9%FY 2020: 34.5%FY 2021: 32.9%FY 2022: 30.4%FY 2023: 34.6%FY 2024: 35.4%FY 2025: 36.0%FY 2026: 36.8%
FY 2017 5y median 35.4% FY 2026
Operating Margin 19.0%
FY 2017: 13.8%FY 2018: 13.8%FY 2019: 14.3%FY 2020: 16.2%FY 2021: 14.7%FY 2022: 17.4%FY 2023: 16.2%FY 2024: 16.3%FY 2025: 17.6%FY 2026: 19.0%
FY 2017 5y median 17.4% FY 2026
Net Margin 1.9%
FY 2017: 10.6%FY 2018: 11.7%FY 2019: 10.2%FY 2020: 11.0%FY 2021: 9.6%FY 2022: 11.7%FY 2023: 11.0%FY 2024: 10.8%FY 2025: 12.3%FY 2026: 1.9%
FY 2017 5y median 11.0% FY 2026
ROE 3.5%
FY 2017: 10.3%FY 2018: 13.1%FY 2019: 13.2%FY 2020: 14.1%FY 2021: 16.0%FY 2022: 21.1%FY 2023: 19.1%FY 2024: 19.9%FY 2025: 21.6%FY 2026: 3.5%
FY 2017 5y median 19.9% FY 2026
ROIC 5.8%
FY 2017: 7.5%FY 2018: 8.3%FY 2019: 9.2%FY 2020: 11.6%FY 2021: 13.2%FY 2022: 14.6%FY 2023: 11.8%FY 2024: 11.2%FY 2025: 12.9%FY 2026: 5.8%
FY 2017 5y median 11.8% FY 2026
ROA 1.6%
FY 2017: 7.2%FY 2018: 8.4%FY 2019: 7.9%FY 2020: 9.5%FY 2021: 10.0%FY 2022: 10.9%FY 2023: 9.1%FY 2024: 8.6%FY 2025: 10.1%FY 2026: 1.6%
FY 2017 5y median 9.1% FY 2026

Growth (YoY)

Revenue 7.2%
FY 2017: 0.7%FY 2018: 11.1%FY 2019: 6.3%FY 2020: 5.5%FY 2021: 4.1%FY 2022: 11.1%FY 2023: 13.2%FY 2024: 6.4%FY 2025: 3.8%FY 2026: 7.2%
FY 2017 FY 2026
Operating Income 15.3%
FY 2017: 0.4%FY 2018: 11.3%FY 2019: 9.7%FY 2020: 19.9%FY 2021: -5.7%FY 2022: 31.5%FY 2023: 5.3%FY 2024: 7.7%FY 2025: 12.0%FY 2026: 15.3%
FY 2017 FY 2026
EPS (diluted) -83.4%
FY 2017: 6.1%FY 2018: 25.4%FY 2019: -5.2%FY 2020: 27.4%FY 2021: -3.8%FY 2022: 36.6%FY 2023: 7.1%FY 2024: 6.2%FY 2025: 19.5%FY 2026: -83.4%
FY 2017 FY 2026
Free Cash Flow 77.0%
FY 2017: -35.1%FY 2018: 56.4%FY 2019: -11.8%FY 2020: 0.0%FY 2021: 144.4%FY 2022: -26.3%FY 2023: 15.5%FY 2024: 44.1%FY 2025: -12.9%FY 2026: 77.0%
FY 2017 FY 2026

Financial Health

Current Ratio 1.8×
FY 2017: 2.7×FY 2018: 1.9×FY 2019: 2.0×FY 2020: 2.3×FY 2021: 1.9×FY 2022: 1.1×FY 2023: 1.8×FY 2024: 1.9×FY 2025: 1.8×FY 2026: 1.8×
FY 2017 5y median 1.8× FY 2026
Quick Ratio 1.8×
FY 2017: 2.6×FY 2018: 1.9×FY 2019: 2.0×FY 2020: 2.3×FY 2021: 1.8×FY 2022: 1.1×FY 2023: 1.8×FY 2024: 1.9×FY 2025: 1.8×FY 2026: 1.8×
FY 2017 5y median 1.8× FY 2026
Debt / Equity 0.5×
FY 2017: 0.1×FY 2018: 0.2×FY 2019: 0.3×FY 2020: 0.1×FY 2021: 0.5×FY 2022: 0.7×FY 2023: 0.6×FY 2024: 0.7×FY 2025: 0.6×FY 2026: 0.5×
FY 2017 5y median 0.6× FY 2026
Net Debt / EBITDA 0.5×
FY 2017: -1.0×FY 2018: -0.7×FY 2019: -0.1×FY 2020: -0.5×FY 2021: 0.5×FY 2022: 0.6×FY 2023: 0.7×FY 2024: 0.7×FY 2025: 0.5×FY 2026: 0.5×
FY 2017 5y median 0.6× FY 2026
Interest Coverage 33.6×
FY 2017: 409×FY 2018: 250×FY 2019: 162×FY 2020: 39.8×FY 2021: 7.0×FY 2022: 30.2×FY 2023: 20.1×FY 2024: 18.1×FY 2025: 23.2×FY 2026: 33.6×
FY 2017 5y median 23.2× FY 2026

Dividends

Dividend Yield 1.7%
FY 2017: 0.5%FY 2018: 0.6%FY 2019: 0.6%FY 2020: 0.6%FY 2021: 1.0%FY 2022: 0.8%FY 2023: 1.5%FY 2024: 1.1%FY 2025: 1.2%FY 2026: 1.7%
FY 2017 5y median 1.2% FY 2026
Payout Ratio 259.0%
FY 2017: 40.5%FY 2018: 37.7%FY 2019: 42.0%FY 2020: 33.3%FY 2021: 38.4%FY 2022: 31.7%FY 2023: 33.2%FY 2024: 34.6%FY 2025: 35.5%FY 2026: 259.0%
FY 2017 5y median 34.6% FY 2026

Annual · latest fiscal year ends 2026-03-31