Valuation Nomura Holdings, Inc.

Equities

Delayed Japan Exchange Other stock markets 12:00:00 16/01/2026 pm IST			5-day change	1st Jan Change
1,477.00 ^JPY	-0.97%		+4.94%	+13.53%

16/01	Greenphard Energy announced that it expects to receive funding from Nomura Holdings, Inc., NOBUNAGA Capital Village Co., Ltd., Mitsubishi UFJ Trust and Banking Corporation and another investor	CI
09/01	Compass, Inc. completed the acquisition of Anywhere Real Estate Inc. from a group of shareholders.	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	17,78,673	15,54,416	15,30,541	29,30,878	26,84,377	43,76,410	-	-
Change	-	-12.61%	-1.54%	91.49%	-8.41%	63.03%	-	-
Enterprise Value (EV) ¹	17,78,673	15,54,416	15,30,541	29,30,878	1,80,23,067	1,47,86,732	1,61,43,192	1,74,80,807
Change	-	-12.61%	-1.54%	91.49%	514.94%	-17.96%	9.17%	8.29%
P/E ratio	11.6x	11x	16.5x	17.8x	7.88x	12x	12.4x	11.7x
PBR	0.66x	0.53x	0.49x	0.87x	0.77x	1.2x	1.13x	1.06x
PEG	-	-1.61x	-0.5x	0.2x	0x	1.52x	-4.04x	1.99x
Capitalization / Revenue	1.1x	1.14x	1.15x	0.7x	1.42x	2.19x	2.23x	2.18x
EV / Revenue	1.1x	1.14x	1.15x	0.7x	9.52x	7.41x	8.21x	8.71x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	7.71x	6.86x	10.2x	10.7x	38.2x	25.8x	32.4x	33.2x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	35	22	17	23	57	50.83	49.57	52.33
Rate of return	6.02%	4.27%	3.34%	2.35%	6.28%	3.41%	3.32%	3.51%
EPS ²	50.11	46.68	30.86	54.97	115.3	124.4	120.6	127.7
Distribution rate	69.8%	47.1%	55.1%	41.8%	49.4%	40.9%	41.1%	41%
Net sales ¹	16,17,235	13,63,890	13,35,577	41,57,294	18,92,500	19,95,468	19,66,033	20,05,913
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	2,30,671	2,26,623	1,49,474	2,73,850	4,71,964	5,72,992	4,97,850	5,27,128
Net income ¹	1,53,116	1,42,996	92,786	1,65,863	3,40,700	3,53,860	3,43,797	3,63,720
Net Debt ¹	-	-	-	-	1,53,38,690	1,04,10,322	1,17,66,782	1,31,04,397
Reference price ²	581.40	515.20	509.70	977.60	908.20	1,491.50	1,491.50	1,491.50
Nbr of stocks (in thousands)	30,59,293	30,17,111	30,02,827	29,98,034	29,55,712	29,34,234	-	-
Announcement Date	27/04/21	26/04/22	26/04/23	26/04/24	25/04/25	-	-	-

¹JPY in Million²JPY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NOMURA HOLDINGS, INC.	11.99x	7.41x	-	3.41%	2.76TCr
THE GOLDMAN SACHS GROUP, INC.	19.98x	11.52x	-	1.44%	31TCr
MORGAN STANLEY	19.27x	7.58x	-	2.02%	30TCr
CITIGROUP INC.	16.35x	-	-	1.98%	21TCr
CHARLES SCHWAB	22.02x	7.78x	13.36x	1.05%	18TCr
CITIC SECURITIES COMPANY LIMITED	14.37x	1.36x	-	2.41%	5.91TCr
RAYMOND JAMES FINANCIAL, INC.	14.88x	-	-	1.27%	3.38TCr
LPL FINANCIAL HOLDINGS INC.	35.05x	2.19x	14.63x	0.33%	3.02TCr
HUATAI SECURITIES CO., LTD.	12.71x	6.53x	-	2.33%	2.84TCr
CSC FINANCIAL CO., LTD.	8.85x	-	-	3.69%	2.56TCr
Average	17.55x	6.34x	13.99x	1.99%	12.02TCr
Weighted average by Cap.	18.86x	8.30x	13.54x	1.75%