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3296.T$83100.00-1.77%
Fair $83100.00+0.0%

3296.T

NIPPON REIT Investment Corporation

Real Estate / REIT - OfficeTokyo

$83100.00

-1500.00 (-1.77%)

Fairly Valued+0.0%Fair Value $83100.00Fund rank 33/100 · Data gapFallback financials|
SA 15/F
F-Score: 4/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

FCF escenarios

weak_data · normalized FCF n/d · quality 27.0/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 80/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

15/100

F

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 5Warnings: 0unknown: 5
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled.
Thesis & Journal · 3296.TLocal privado en este navegador · NIPPON REIT Investment Corporation
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$152.1B

P/E

11.5x

↓

EV/EBITDA

N/A

•

ROE

N/A

•

Gross Margin

71.6%

↑

Debt/Equity

N/A

•
52-Week Range$83100
$82400$104100

TradingView lightweight chart

3296.T price, volumen y niveles de valoración

Último $83,100Periodo +27.3%
Fair value: $83,100

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2025 · 4 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

33.8%

FCF / Net income

0.60x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $22.67B · net income $12.73B · FCF $7.65B

2021-FY → 2025-FY

Gross margin

71.6%— pts

Operating margin

63.1%— pts

Net margin

56.1%— pts

FCF margin

33.8%— pts
MetricTTM
2025
2024
2023
2022
2021
Income Statement
Revenue$22.67B$22.67B$19.83B$17.69B$17.08B—
Net Income$12.73B$12.73B$9.66B$7.75B$7.74B—
EBITDA$15.91B$15.91B$12.61B$10.63B$10.53B—
EPS——5368.524308.99—5664.43
Gross Margin71.6%71.6%65.4%61.6%62.8%—
Operating Margin63.1%63.1%56.2%51.7%52.9%—
Net Margin56.1%56.1%48.7%43.8%45.3%—
Balance Sheet
Debt/Equity——1.021.02—1.01
Current Ratio0.890.89————
Cash Flow
Free Cash Flow$7.65B$7.65B$15.91B$6.46B$10.21B—
Returns
ROE——7.5%5.9%——
Valuation
P/E11.5411.5414.1819.90—17.61
EV/EBITDA——20.1726.03——
P/B——1.061.18—1.36
Growth & Yield
Revenue Growth14.3%14.3%12.1%3.6%——
EPS Growth——24.6%———
Dividend Yield5.7%5.7%————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +2.5%

Total return

+2.5%

Start / end P/E

n/dx → n/dx

EPS bridge

5368.52 → n/d

Residual

-3.3%

EPS growthn/d
Multiple reratingn/d
Dividend+5.7%
Residual / FX / buybacks / cross-term-3.3%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.