Stocktoria
Nomura Holdings, Inc. 8604.T
Nomura Holdings, Inc. statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (¥1,843.00); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
Nomura Holdings, Inc. trades at about 13.2× earnings — below its 10-year norm (10-year range 7.1×–17.1×, median 16.3×).
Shaded band = 10-year range (7.1×–17.1×); dot = today's 13.2×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Net margin | 19.7% | 20.5% | 12.0% | 8.1% |
| FCF margin | -65.0% | -52.2% | -1.0% | -75.6% |
| Return on assets | 0.6% | 0.6% | 0.3% | 0.2% |
| Return on equity | 9.8% | 9.8% | 5.0% | 2.9% |
| Debt / equity | 4.30× | 3.97× | 3.83× | 3.41× |
Computed from company filings · JP · as of 2026-03-31. Figures in JPY. Facts plus Stocktoria's own computed scores — not investment advice.