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NMR

NYSE
Weak · 36/100

Nomura Holdings Inc

Financials
Financial Services

$9.32

2.9%

Updated Today 12:11 PM ET

Report Card

NMR at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Weak · 36/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▲ Up 43.0% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$28.37B

P/E

11.69x

Forward P/E (est.)

10.93x

ROE

10.1%

Revenue Growth

0.5%

EPS Growth

7.0%

Profit Margin

7.6%

FCF Yield

Debt / Equity

10.53x

ROIC

Interest Coverage

Current Ratio

Dividend Yield

3.4%

Implied Growth (rev. DCF)

Rating Score

36/100

Business Overview
Research

Nomura Holdings Inc (NMR) is a large-cap company in the Financial Services industry, part of the Financials sector of the S&P 500, with a market value around $28.37B.

In its latest reported year it generated about $1.20T in revenue.

Our model rates NMR Weak (36/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what NMR's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. NMR trades near $9.32, above its 50-day average ($8.35) and 200-day average ($8.10). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 67 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. NMR's is $0.22 (~2.4% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month NMR found buyers near $8.38 (support) and sellers near $9.32 (resistance); its 52-week range is $6.21–$9.58. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.4× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

4Y CAGR

11.1%

3/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue

Revenue moved from $694.39B in 2019 to $1.20T in 2026, a 8.2% compound annual growth rate. The most recent year was roughly flat (0.5%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research
1/3 checks passedProfitableNet margin above sector midpointROE above 12%

Gross Margin

45.5%

Operating Margin

11.3%

Net Margin

7.6%

ROE

10.1%

Nomura Holdings Inc keeps about 7.6% of each sales dollar as net profit, with a 45.5% gross margin and 11.3% operating margin. Return on equity is 10.1%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research
0/2 checks passedDebt under 1× equityDebt under 2× equity

Total Debt

$113.63B

Net Debt

$106.47B

Net Debt / EBITDA

Debt / Equity

10.53x

Leverage: debt-to-equity is 10.5x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $113.63B of total debt against $7.16B of cash.

Cash Flow Analysis

Operating CF

Free Cash Flow

FCF Margin

Valuation Analysis
Research
3/3 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)

P/E

11.69x

P/S

0.89x

P/B

1x

EV / EBITDA

NMR trades at 11.7x trailing earnings (about 10.9x on estimated forward earnings), 0.9x sales, and 1.0x book value. That is an undemanding multiple — potentially cheap if the business is stable.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
11.7xCheap
Forward P/E
10.9xCheap
P/S ratio
0.9xCheap
Revenue growth
0.5%Weak
EPS growth
7.0%Weak
Gross margin
45.5%Average
Net margin
7.6%Weak
ROE
10.1%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $9.32 today · expected CAGR 96%118%

Metric20262027202820292030
Revenue$1.24T$1.28T$1.32T$1.36T$1.40T
Net income$99.22B$102.20B$105.27B$108.42B$111.68B
EPS$34.20$35.23$36.28$37.37$38.49
Share price (low)$239.40$246.58$253.97$261.59$269.44
Share price (high)$410.39$422.70$435.38$448.45$461.90
CAGR (low–high)2469% / 4303%414% / 573%201% / 260%130% / 163%96% / 118%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for NMR:

  • Pays a 3.4% dividend on top of any price gains.
  • As an established S&P 500 member in Financials, it brings scale and a long operating history.
Bear Case

The case against NMR:

  • Revenue growth is slow (0.5%), limiting the upside engine.
  • Elevated leverage (debt/equity 10.5x) adds financial risk.
  • Our model's overall read is Weak (36/100).
Key Risks
Research

Balance-sheet risk — debt/equity of 10.5x magnifies the impact of higher rates or weaker earnings.

Growth risk — sluggish revenue (0.5%) leaves little margin for execution missteps.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen weakly: Nomura Holdings Inc is a large-cap financials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 11.7x earnings, which our model scores Weak (36/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

NMR — frequently asked questions

Is NMR a good stock to buy?

We don't give buy or sell advice. Our model rates Nomura Holdings Inc Weak (36/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is NMR's rating on The Stocks School?

Nomura Holdings Inc currently scores 36/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does NMR's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Nomura Holdings Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for NMR calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this NMR analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell NMR. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.