Valuation Nomura Holdings, Inc.

Equities

Market Closed - Japan Exchange Other stock markets 12:00:00 15/05/2026 pm IST			5-day change	1st Jan Change
1,273.00 ^JPY	+0.63%		+1.80%	-2.15%

01/05	Asian Equities Traded in the US as American Depositary Receipts Rise Slightly Higher in Friday Trading; End Week on Flat Note	MT
24/04	Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading	MT

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	37,20,943	-	-
Change	-	-12.61%	-1.54%	91.49%	-8.41%	38.61%	-	-
Enterprise Value (EV) ¹	17,78,673	15,54,416	15,30,541	29,30,878	1,80,23,067	1,52,40,273	1,58,14,145	1,63,61,817
Change	-	-12.61%	-1.54%	91.49%	514.94%	-15.44%	3.77%	3.46%
P/E ratio	11.6x	11x	16.5x	17.8x	7.88x	9.78x	10.1x	9.58x
PBR	0.66x	0.53x	0.49x	0.87x	0.77x	0.94x	0.95x	0.9x
PEG	-	-1.61x	-0.5x	0.2x	0x	1.45x	-5.32x	1.63x
Capitalization / Revenue	1.1x	1.14x	1.15x	0.7x	1.42x	1.63x	1.73x	1.69x
EV / Revenue	1.1x	1.14x	1.15x	0.7x	9.52x	7.27x	7.35x	7.43x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	7.71x	6.86x	10.2x	10.7x	38.2x	28x	30.5x	31.8x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	35	22	17	23	57	51	50.72	56.33
Rate of return	6.02%	4.27%	3.34%	2.35%	6.28%	4.24%	3.98%	4.43%
EPS ²	50.11	46.68	30.86	54.97	115.3	123.1	125.6	132.9
Distribution rate	69.8%	47.1%	55.1%	41.8%	49.4%	41.4%	40.4%	42.4%
Net sales ¹	16,17,235	13,63,890	13,35,577	41,57,294	18,92,500	21,67,713	21,50,588	22,00,939
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	2,30,671	2,26,623	1,49,474	2,73,850	4,71,964	5,39,821	5,18,552	5,14,502
Net income ¹	1,53,116	1,42,996	92,786	1,65,863	3,40,700	3,62,129	3,56,760	3,87,049
Net Debt ¹	-	-	-	-	1,53,38,690	1,15,19,330	1,20,93,202	1,26,40,874
Reference price ²	581.40	515.20	509.70	977.60	908.20	1,273.00	1,273.00	1,273.00
Nbr of stocks (in thousands)	30,59,293	30,17,111	30,02,827	29,98,034	29,55,712	29,22,972	-	-
Announcement Date	27/04/21	26/04/22	26/04/23	26/04/24	25/04/25	24/04/26	-	-

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.	9.88x	7.26x	-	4.11%	2.34TCr
MORGAN STANLEY	16.39x	7.23x	-	2.17%	31TCr
THE GOLDMAN SACHS GROUP, INC.	16.32x	11.46x	-	1.9%	30TCr
CITIGROUP INC.	11.52x	-	-	2%	21TCr
CHARLES SCHWAB	15.27x	-	-	1.4%	16TCr
CITIC SECURITIES COMPANY LIMITED	10.84x	0.85x	-	3.21%	5.69TCr
RAYMOND JAMES FINANCIAL, INC.	13.83x	-	-	1.37%	3.03TCr
HUATAI SECURITIES CO., LTD.	9.31x	7.04x	-	3.28%	2.39TCr
LPL FINANCIAL HOLDINGS INC.	15.72x	1.44x	9.26x	0.43%	2.39TCr
CSC FINANCIAL CO., LTD.	7.21x	-	-	4.03%	2.34TCr
Average	12.63x	5.88x	9.26x	2.39%	11.54TCr
Weighted average by Cap.	14.50x	8.26x	9.26x	2.06%