Stock AnalizNomura Holdings Inc. NMR
Investment Bankers/Brokers/Service · data as of November 13, 2026
Nomura Holdings Inc. (NMR) is a financial company listed in the US with a market value of about $28.1B. In the twelve months to September 30, 2026 it had revenue of $12.8B and net income of $2.6B, a net margin of 20.3%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is value (4/5); the weakest is financial health (0/5).
Key numbers: a P/E of 11.3, 5-year revenue growth of 15% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 3% above the current price.
Score: 2.4 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- Profit margin improving
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Checks not passed
- P/FCF below 20
- Revenue growth above 10% last year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year average ROIC above 12%
- ROE above 15%
- More cash than debt, or low debt to equity
- Positive free cash flow
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.8B | $29.8B | $31.7B | $27.5B | $18.7B | $13.1B | $14.6B | $18.0B | $16.6B | $18.5B | $15.3B |
| Net income | $2.6B | $2.3B | $2.3B | $1.1B | $697M | $1.2B | $1.4B | $2.0B | -$907M | $2.1B | $2.1B |
| Free cash flow | — | -$7.5B | -$5.8B | -$87M | -$6.5B | -$8.0B | $4.9B | -$2.1B | -$6.1B | -$6.9B | $8.9B |
| EPS (diluted) | $0.86 | $0.78 | $0.79 | $0.38 | $0.24 | $0.40 | $0.48 | $0.69 | $-0.31 | $0.71 | $0.74 |
| Net margin | 20.3% | 7.6% | 7.2% | 4.0% | 3.7% | 9.0% | 9.5% | 11.1% | -5.5% | 11.1% | 14.0% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
Frequently asked questions
What is Nomura’s P/E ratio?
About 11.3, based on the last twelve months of diluted earnings per share (forward P/E about 17.1).
Is Nomura stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 3% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Nomura pay a dividend?
Yes. The dividend yield is about 3.34%, and it has paid dividends for 10 years in our data.
Is Nomura a good stock to buy?
We do not give buy or sell advice. Nomura scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.