Nomura Research Institute Ltd
TSE:4307

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Nomura Research Institute Ltd
TSE:4307
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Price: 4 988 JPY 0.46%
Market Cap: ¥2.9T

EV/EBITDA

14.5
Current
6%
Cheaper
vs 3-y average of 15.4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
14.5
=
Enterprise Value
¥2.2T
/
EBITDA
¥200.6B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
14.5
=
Enterprise Value
¥2.2T
/
EBITDA
¥200.6B

Valuation Scenarios

Nomura Research Institute Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (15.4), the stock would be worth ¥5 301.89 (6% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-40%
Maximum Upside
+8%
Average Downside
16%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 14.5 ¥4 988
0%
3-Year Average 15.4 ¥5 301.89
+6%
5-Year Average 15.6 ¥5 377.22
+8%
Industry Average 9 ¥3 110.23
-38%
Country Average 8.7 ¥2 981.2
-40%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
¥2.2T
/
Jan 2026
¥200.6B
=
14.5
Current
¥2.2T
/
Mar 2026
¥201.9B
=
11
Forward
¥2.2T
/
Mar 2027
¥229.5B
=
9.7
Forward
¥2.2T
/
Mar 2028
¥244.8B
=
9.1
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
JP
Nomura Research Institute Ltd
TSE:4307
2.9T JPY 14.5 27.2
US
International Business Machines Corp
NYSE:IBM
237.2B USD 17.8 22.7
JP
BrainPad Inc
TSE:3655
20.9T JPY 37.9 551.4
IE
Accenture PLC
NYSE:ACN
120B USD 8.5 15.9
IN
Tata Consultancy Services Ltd
NSE:TCS
9.3T INR 12.7 19.7
IN
Infosys Ltd
NSE:INFY
5.3T INR 12.5 19.1
JP
Fujitsu Ltd
TSE:6702
6.8T JPY 12.5 14.3
IN
HCL Technologies Ltd
NSE:HCLTECH
3.9T INR 13.7 23.6
JP
NEC Corp
TSE:6701
5.9T JPY 12.4 24
JP
NTT Data Group Corp
DUS:NT5
30.3B EUR 9.9 38.8
JP
NTT Data Corp
TSE:9613
5.6T JPY 9.9 39.1

Market Distribution

Higher than 77% of companies in Japan
Percentile
77th
Based on 5 051 companies
77th percentile
14.5
Low
0.1 — 6.7
Typical Range
6.7 — 12.2
High
12.2 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 6.7
Median 8.7
70th Percentile 12.2
Max 214 699 781.2

Nomura Research Institute Ltd
Glance View

In the bustling world of financial services, Nomura Research Institute Ltd. (NRI) stands as a beacon of strategic innovation and technological expertise. As a pivotal player in the consulting and IT solutions industry, NRI marries traditional business insights with cutting-edge technological advancement. Born in Tokyo from the legendary Japanese securities firm Nomura Securities, NRI has embraced a mission to empower businesses through strategic foresight and digital transformation. Serving sectors that range from finance and government to retail and manufacturing, NRI provides crucial insights and solutions that address the complex, evolving needs of its clients. By offering a blend of research-based consulting and robust technology solutions, they enable organizations to navigate market uncertainties and enhance their operational efficiencies. NRI's business model is a compelling narrative of integration and foresight. The company's revenue streams are primarily anchored in its two main segments: consulting services and IT solutions. Through its consulting arm, NRI offers a wealth of knowledge in strategies and operations, helping businesses make informed decisions. Their IT solutions division, however, is the backbone that supports this consultancy prowess, offering end-to-end services from systems development to IT systems management. It's a symbiotic relationship where technology propels business insights and vice versa. By leveraging this dual approach, NRI not only secures a lucrative financial footing but also cements its role as a critical ally for enterprises keen on seizing competitive advantages in an ever-changing world.

Intrinsic Value
4 097.77 JPY
Overvaluation 18%
Intrinsic Value
Price ¥4 988
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