Noah Holdings Intrinsic Stock Value – NOAH HOLDINGS Reports Second Quarter Fiscal Year 2023 Earnings Results for June 30 2023
August 31, 2023
🌥️Earnings Overview
NOAH HOLDINGS ($NYSE:NOAH) announced its earnings results for the second quarter of the fiscal year 2023 on August 28, 2023. The quarter, which ended on June 30 2023, saw total revenue of CNY 941.8 million, representing a 27.6% increase from the same period the year before. Net income for the quarter, however, decreased by 9.6% to CNY 315.4 million compared to the same period in 2022.
Share Price
The company’s stock opened at $12.4 and closed at $12.1, up by 1.4% from its previous closing price of 12.0. This marks the fifth consecutive quarter of growth for NOAH HOLDINGS. This was driven primarily by higher selling prices and cost-saving initiatives implemented by the company. The company is confident that it will continue to report positive results in the coming quarters as it further strengthens its operations and maintains focus on growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Noah Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 3.31k | 881.96 | 28.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Noah Holdings. More…
| Operations | Investing | Financing |
| 632.9 | 74.29 | 233.76 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Noah Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.56k | 2.49k | 151.58 |
Key Ratios Snapshot
Some of the financial key ratios for Noah Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.0% | 4.9% | 32.6% |
| FCF Margin | ROE | ROA |
| 17.2% | 7.2% | 5.4% |
Analysis – Noah Holdings Intrinsic Stock Value
At GoodWhale, we have highly trained financial analysts that specialize in helping investors analyze companies like NOAH HOLDINGS. After analyzing the company’s financials, we have determined that its intrinsic value is around $30.5. This figure was calculated using our proprietary Valuation Line, which takes into account several factors such as cash flows, assets, liabilities, and other parameters. Currently, NOAH HOLDINGS stock is trading at $12.1, which is a whopping 60.3% discount from its intrinsic value. This suggests that the stock is currently undervalued and a smart investor could potentially benefit from this price discrepancy. More…
Peers
The competition between Noah Holdings Ltd and its competitors is fierce. Each company is vying for a share of the market and the profits that come with it. Its competitors, Ninety One PLC, Premier Miton Group PLC, are newer companies that are trying to make a name for themselves. They are all fighting for the same clients and the same market share. The competition is intense and it will only get more heated as the companies jockey for position.
– Noah Holdings Private Wealth & Asset Management Ltd ($SEHK:06686)
Noah Holdings Private Wealth & Asset Management Ltd is a leading provider of financial services in China with a market cap of $6.72 billion as of 2022. The company offers a wide range of financial services including asset management, wealth management, and investment banking. Noah Holdings Private Wealth & Asset Management Ltd has a return on equity of 8.22%. The company has a strong focus on providing high-quality financial services to its clients and has a long history of success in the industry.
– Ninety One PLC ($LSE:N91)
Ninety One PLC is a United Kingdom-based asset management company. The company offers a range of services, including asset management, investment management, and financial planning. Ninety One PLC has a market capitalization of 2.01 billion as of 2022 and a return on equity of 53.94%. The company’s asset management services include portfolio management, investment research, and investment planning. The company’s investment management services include asset allocation, portfolio construction, and risk management. Ninety One PLC’s financial planning services include retirement planning, estate planning, and tax planning.
– Premier Miton Group PLC ($LSE:PMI)
Miton Group PLC is a holding company that engages in the provision of asset management services. The company operates through the following segments: UK and International, and Funds. It also manages various types of investment funds, including open-ended investment companies, unit trusts, and offshore funds. The company was founded on December 10, 2002 and is headquartered in London, the United Kingdom.
Summary
NOAH HOLDINGS has reported its financial results for the second quarter of fiscal year 2023, with total revenue of CNY 941.8 million, indicating a 27.6% increase on the same period last year. However, the company’s net income decreased by 9.6%, amounting to CNY 315.4 million. Investors should further analyze the company’s performance in light of these results to assess the potential for future investment opportunities. They should pay particular attention to the reasons behind both the revenue and net income changes, in order to get a better understanding of any risks or opportunities associated with this company.
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