Stock analysis · Bull Rankings model

NMR analysis

Nomura Holdings, Inc.Capital Markets. Scored on the same transparent model behind the daily rankings.

NMR
Nomura Holdings, Inc. · Capital Markets
Rev+10.8%B
P/E11.6xB+
ROE11.2%B
P/B1.15B+
Yield3.4%B
69.0Financial strength
$9.72$28.4B
1Y Target$10.50Model estimate · no analyst coverage
5Y Target$13.25Compound horizon
10Y Target$17.00Long-dated conviction
Rev+10.8%
B
Revenue +10.8% — at or above S&P median
P/E11.6x
B+
P/E 11.6 — below the Financial Services median (≈40th pctile)
ROE11.2%
B
ROE 11.2% — acceptable capital return
P/B1.15
B+
P/B 1.15 — reasonable for a quality bank
Yield3.4%
B
Yield 3.4% — modest income

Forward price target — the 1-year figure is the analyst consensus where the stock is covered; the 5- and 10-year figures compound our earnings estimate from there. The DCF below is a separate cross-check on intrinsic value (what it's worth today), not another target.

Financial strength · 69 / 100
Profitability59.6
Value (P/B)79.1
Income73.8

A peer-relative read for financials on profitability (ROE), valuation, and covered income — the quality-growth (FCF/ROIC) screen doesn't apply to balance-sheet businesses. Not comparable to the 0–100 quality-growth score shown on other stocks.

Entry · Margin of safety
52-week rangeNear 52-week high
3% off the 12-month high

Model-generatedGenerated by the Bull Rankings model from this company's reported fundamentals, and checked against the figures shown above.

Why now
Capital Markets · market cap $28.4b. 3% off the 52-week high of $10.06. Revenue growing +11%, comfortably above the S&P median. PEG 0.81 — paying under fair value for the growth rate.
Moat
Net margin 17% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 11% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. Financial moat — scale of deposit base / underwriting franchise plus regulatory capital advantages. The largest players compound book value through cycles that erase smaller competitors.
Risk
D/E 9.46 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Balance-sheet financial — book value, net interest margin, and credit loss provisions are the lever points; a rates regime change or a deterioration in the loan book moves the stock more than EPS does.
Horizon
1-3 yr $10.50 (structural (no analyst coverage)) — multiple re-rating thesis requires a catalyst. 5 yr $13.25 at ~6% CAGR — dividend + buyback compounding. 10 yr $17.00 if the moat survives secular pressure.
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Not enough history yet — the model records NMR's score after each daily run, and the chart appears once a few days have accumulated.

Analyst estimate revisions

30-day change+0.0%
90-day change+0.0%
Forward EPS estimate$0.56

Over the last 90 days, what analysts expect NMR to earn is essentially unchanged. The estimate is derived from price and forward P/E captured at the same instant, so a moving share price does not move this number — only a changed forecast does.

A rising estimate means expectations are improving, not that the price has failed to keep up — and estimates get cut as readily as they get raised. It is not part of the Bull Rankings score. Biggest movers across the market →

Shares to buy
205
Position size
$1,993
4.0% of portfolio
Stop price
$7.29
25% below $9.72
$ at risk if stopped
$498.15
budget $500.00 · 1% of portfolio

Math only — share count is floor(portfolio × risk% ÷ (price × stop%)). Doesn't account for commissions, slippage, gap risk, or position-correlation across your book. Inputs persist locally; never sent to the server. Not investment advice.

Nomura Holdings, Inc. (NMR): score, valuation & FAQ

Nomura Holdings, Inc. (NMR) is a Capital Markets company. As a bank, insurer or REIT it runs on a different financial model from the rest of the market, so Bull Rankings grades it on a sector-appropriate card — price-to-book, dividend yield, payout ratio and cash-flow coverage — rather than the 0–100 quality-growth score used elsewhere. The read below is a transparent screen, not a buy recommendation.

Its strongest graded signals are P/E (B+) and P/B (B+).

Is NMR a good stock to buy?

Bull Rankings grades NMR on a sector-appropriate card — price-to-book, dividend yield, payout and cash-flow coverage — rather than a single quality-growth score. That is driven by P/E (B+) and P/B (B+). A score is a quantitative screen of Nomura Holdings, Inc.'s fundamentals, not personalised financial advice — weigh it against your own time horizon and risk tolerance, and read the risk factors below before acting.

How does Bull Rankings grade NMR?

As a bank, insurer or REIT, NMR isn't given a quality-growth score — signals like free cash flow, debt-to-equity and P/E don't translate cleanly to a balance-sheet business. Instead it's graded on a sector-appropriate card: price-to-book, dividend yield, payout ratio and operating-cash-flow coverage, where it rates strongest on P/E (B+) and P/B (B+).

Is NMR overvalued or undervalued?

We don't compute a reliable discounted-cash-flow value for NMR — typically because it is not yet consistently profitable or free-cash-flow positive — so its valuation rests on growth and price-to-sales rather than on earnings-based intrinsic value. Judge it on the trajectory of the business, not a single multiple.

What are the main risks of investing in NMR?

D/E 9.46 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Balance-sheet financial — book value, net interest margin, and credit loss provisions are the lever points; a rates regime change or a deterioration in the loan book moves the stock more than EPS does.

New to these metrics? The guides explain free cash flow, how the score works, and more in the learn hub — or run another name through the screener.

Bull Rankings is an automated fundamentals screen for research and education. It is not investment advice, and nothing here is a recommendation to buy or sell any security. Do your own research and consider consulting a licensed financial advisor.

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