MIZUHO FINANCIAL GROUP-ADR (MFG)
US60687Y1091 - ADR
Overall MFG gets a fundamental rating of 3 out of 10. We evaluated MFG against 412 industry peers in the Banks industry. Both the profitability and financial health of MFG have multiple concerns. MFG has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year MFG was profitable.
In the past year MFG had a positive cash flow from operations.
Each year in the past 5 years MFG has been profitable.
MFG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.23%, MFG is doing worse than 89.56% of the companies in the same industry.
The Return On Equity of MFG (6.65%) is worse than 71.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.23% | ||
| ROE | 6.65% | ||
| ROIC | N/A |
ROA(3y)0.22%
ROA(5y)0.18%
ROE(3y)5.67%
ROE(5y)4.67%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MFG has a worse Profit Margin (19.36%) than 69.42% of its industry peers.
In the last couple of years the Profit Margin of MFG has declined.
MFG does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 19.36% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-2.52%
PM growth 5Y-6.98%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MFG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, MFG has about the same amount of shares outstanding.
The number of shares outstanding for MFG remains at a similar level compared to 5 years ago.
MFG has a worse debt/assets ratio than last year.
2.2 Solvency
MFG has a debt to FCF ratio of 4.97. This is a neutral value as MFG would need 4.97 years to pay back of all of its debts.
MFG has a Debt to FCF ratio of 4.97. This is in the lower half of the industry: MFG underperforms 66.02% of its industry peers.
MFG has a Debt/Equity ratio of 5.92. This is a high value indicating a heavy dependency on external financing.
MFG has a worse Debt to Equity ratio (5.92) than 99.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.92 | ||
| Debt/FCF | 4.97 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC4.09%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
MFG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.11%, which is quite impressive.
The Earnings Per Share has been decreasing by -0.72% on average over the past years.
MFG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -27.43%.
Measured over the past years, MFG shows a small growth in Revenue. The Revenue has been growing by 6.71% on average per year.
EPS 1Y (TTM)33.11%
EPS 3Y7.43%
EPS 5Y-0.72%
EPS growth Q2Q-2.38%
Revenue 1Y (TTM)-27.43%
Revenue growth 3Y10.16%
Revenue growth 5Y6.71%
Revenue growth Q2Q-3.17%
3.2 Future
The Earnings Per Share is expected to grow by 10.46% on average over the next years. This is quite good.
The Revenue is expected to decrease by -8.30% on average over the next years.
EPS Next Y24.48%
EPS Next 2Y12.69%
EPS Next 3Y10.46%
EPS Next 5YN/A
Revenue Next Year-27.06%
Revenue Next 2Y-13.68%
Revenue Next 3Y-8.3%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.64, which indicates a very decent valuation of MFG.
Based on the Price/Earnings ratio, MFG is valued a bit more expensive than the industry average as 67.96% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 24.80. MFG is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 10.64 indicates a reasonable valuation of MFG.
The rest of the industry has a similar Price/Forward Earnings ratio as MFG.
The average S&P500 Price/Forward Earnings ratio is at 21.27. MFG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.64 | ||
| Fwd PE | 10.64 |
4.2 Price Multiples
MFG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MFG is cheaper than 99.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.66 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MFG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.48
PEG (5Y)N/A
EPS Next 2Y12.69%
EPS Next 3Y10.46%
5. Dividend
5.1 Amount
MFG has a Yearly Dividend Yield of 3.28%.
MFG's Dividend Yield is comparable with the industry average which is at 3.91.
Compared to an average S&P500 Dividend Yield of 2.40, MFG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
5.2 History
The dividend of MFG has a limited annual growth rate of 1.94%.
MFG has been paying a dividend for at least 10 years, so it has a reliable track record.
MFG has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)1.94%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
MFG pays out 33.85% of its income as dividend. This is a sustainable payout ratio.
MFG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP33.85%
EPS Next 2Y12.69%
EPS Next 3Y10.46%
MIZUHO FINANCIAL GROUP-ADR
NYSE:MFG (4/18/2024, 7:07:30 PM)
After market: 3.84 0 (0%)3.84
+0.04 (+1.05%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap48.67B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.64 | ||
| Fwd PE | 10.64 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.48
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.23% | ||
| ROE | 6.65% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 19.36% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.92 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)33.11%
EPS 3Y7.43%
EPS 5Y
EPS growth Q2Q
EPS Next Y24.48%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-27.43%
Revenue growth 3Y10.16%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y