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NOAH HOLDINGS LTD NOAH

NYSE · stock · Investment Advice · website · IPO 2010-11-10

NOAH HOLDINGS LTD statistics & valuation

Profitability & efficiency

Net margin (%)
3.60% 4.10% 24.50% 24.30% -22.40% 30.40% 31.20% 30.40% 18.10% 21.30% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
3.80% 4.20% 28.00% 26.80% 37.90% 27.70% 34.80% 33.10% 24.20% 29.50% 2016201720182019202020212022202320242025
Return on equity (%)
19.00% 16.90% 13.10% 10.50% -10.20% 16.10% 10.30% 9.70% 4.70% 5.60% 2016201720182019202020212022202320242025
Shares outstanding
30.0M 30.2M 30.7M 30.9M 31.0M 337.8M 342.0M 347.4M 352.4M 352.0M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
10.80% 11.70% 10.10% 8.50% -7.90% 12.10% 8.30% 8.00% 4.00% 4.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
3.30% 2.60% 27.20% 35.80% 22.40% -17.30% 18.20% 35.00% 11.60% 32.00% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$3.18 $3.98 $3.88 $3.86 -$3.68 $6.10 $4.14 $0.41 $0.18 $0.23 2016201720182019202020212022202320242025

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

NOAH HOLDINGS LTD trades at about 37.3× earnings — above its 10-year norm (10-year range 4.6×–58.8×, median 12.1×).

4.6× 58.8×

Shaded band = 10-year range (4.6×–58.8×); dot = today's 37.3×.

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)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin29.5%24.2%33.1%34.8%27.7%37.9%26.8%28.0%4.2%3.8%
Net margin21.3%18.1%30.4%31.2%30.4%-22.4%24.3%24.5%4.1%3.6%
FCF margin32.0%11.6%35.0%18.2%-17.3%22.4%35.8%27.2%2.6%3.3%
Return on assets4.8%4.0%8.0%8.3%12.1%-7.9%8.5%10.1%11.7%10.8%
Return on equity5.6%4.7%9.7%10.3%16.1%-10.2%10.5%13.1%16.9%19.0%
Current ratio4.464.533.763.322.423.564.473.212.213.00

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.