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Nomura Holdings Inc 8604

Morningstar Rating
JPY 876.40 +7.50 (0.86%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

8604 is trading at a 17% discount.
Price
JPY 869.39
Fair Value
JPY 8,428.15
Uncertainty
Very High
1-Star Price
JPY 2,771.36
5-Star Price
JPY 868.46
Economic Moat
Gjcwc
Capital Allocation
Gbttdqqkp
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News

Trading Information

Previous Close Price
JPY 868.90
Day Range
JPY 859.00876.70
52-Week Range
JPY 476.701,006.00
Bid/Ask
JPY 875.20 / JPY 876.40
Market Cap
JPY 2.60 Tril
Volume/Avg
20.4 Mil / 20.1 Mil

Key Statistics

Price/Earnings (Normalized)
23.27
Price/Sales
1.98
Dividend Yield (Trailing)
2.62%
Dividend Yield (Forward)
2.62%
Total Yield
5.00%

Company Profile

Nomura is Japan’s largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.
Sector
Financial Services
Industry
Capital Markets
Stock Style Box
Large Core
Total Number of Employees
27,129

Comparables

Valuation

Metric
8604
8601
8309
Price/Earnings (Normalized)
23.2716.6317.47
Price/Book Value
0.771.040.81
Price/Sales
1.982.122.04
Price/Cash Flow
11.1815.18
Price/Earnings
8604
8601
8309

Financial Strength

Metric
8604
8601
8309
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
8604
8601
8309
Return on Assets (Normalized)
0.19%0.49%0.19%
Return on Equity (Normalized)
3.07%10.22%4.84%
Return on Invested Capital (Normalized)
Return on Assets
8604
8601
8309
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