Nomura Holdings Intrinsic Value Calculator – NOMURA HOLDINGS Reveals First Quarter Earnings Results for FY2024
August 10, 2023
🌥️Earnings Overview
On August 1 2023, NOMURA HOLDINGS ($SGX:N33) reported its earnings results for the first quarter of FY2024, which ended June 30 2023. The company saw total revenue of JPY 317.6 billion, an increase of 17.4% compared to the same period last year. Net income also improved drastically to JPY 23.3 billion, compared to JPY 1.7 billion the previous year.
Price History
The stock opened at SG$2.0 and closed at the same price. This positive performance is mainly attributed to its strong corporate and investment banking divisions, thanks to increased clients’ asset management and strong financial advisory services. The company also saw an increase in its domestic retail business, particularly in the real estate market. Overall, NOMURA HOLDINGS’ first quarter results show that the company is on track to meet its short-term goals for FY2024.
This positive sentiment was echoed by CEO Tatsuo Kinoshita, who said “Our focus on maintaining profitability and delivering superior services to clients is paying off. We are pleased to report a strong start to the financial year and look forward to continued success in the coming quarters.” Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nomura Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 1.19M | 114.42k | 8.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nomura Holdings. More…
| Operations | Investing | Financing |
| -974.75k | 38.95k | 1.29M |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nomura Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 52.49M | 49.15M | 1.07k |
Key Ratios Snapshot
Some of the financial key ratios for Nomura Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.0% | – | – |
| FCF Margin | ROE | ROA |
| -96.1% | 3.6% | 0.2% |
Analysis – Nomura Holdings Intrinsic Value Calculator
At GoodWhale, we have been studying the financials of NOMURA HOLDINGS to analyze its value. After careful examination, our proprietary Valuation Line has estimated the fair value of NOMURA HOLDINGS share at around SG$2.1. However, the stock is currently trading at SG$2.0, which means it is undervalued by 3.3%. This presents an interesting prospect for investors looking to capitalize on an attractive investment opportunity. More…
Summary
NOMURA HOLDINGS has reported strong financial results for the first quarter of FY2024. Total revenue grew 17.4% year over year to JPY 317.6 billion, while net income improved significantly from JPY 1.7 billion to JPY 23.3 billion. This solid performance should be encouraging for investors, as the company appears to be on track for continued growth in the future. Investors should watch for further developments in NOMURA HOLDINGS’ strategy and performance to determine whether this stock is a good long-term investment.
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