NOAH HOLDINGS LTD-SPON ADS (NOAH)
US65487X1028 - ADR
NOAH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 industry peers in the Capital Markets industry. NOAH has an excellent financial health rating, but there are some minor concerns on its profitability. NOAH is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NOAH was profitable.
Of the past 5 years NOAH 4 years were profitable.
NOAH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
NOAH has a better Return On Assets (7.39%) than 77.40% of its industry peers.
NOAH has a Return On Equity of 9.05%. This is comparable to the rest of the industry: NOAH outperforms 47.12% of its industry peers.
NOAH has a better Return On Invested Capital (7.98%) than 80.29% of its industry peers.
NOAH had an Average Return On Invested Capital over the past 3 years of 9.07%. This is in line with the industry average of 10.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.39% | ||
| ROE | 9.05% | ||
| ROIC | 7.98% |
ROA(3y)9.43%
ROA(5y)5.77%
ROE(3y)12.14%
ROE(5y)7.57%
ROIC(3y)9.07%
ROIC(5y)9.75%
1.3 Margins
With a decent Profit Margin value of 27.62%, NOAH is doing good in the industry, outperforming 62.98% of the companies in the same industry.
In the last couple of years the Profit Margin of NOAH has grown nicely.
NOAH has a Operating Margin (32.48%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of NOAH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.48% | ||
| PM (TTM) | 27.62% | ||
| GM | N/A |
OM growth 3Y-4.34%
OM growth 5Y3.42%
PM growth 3YN/A
PM growth 5Y4.44%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, NOAH has more shares outstanding
The number of shares outstanding for NOAH has been increased compared to 5 years ago.
There is no outstanding debt for NOAH. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
NOAH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
NOAH has a Current Ratio of 3.48. This indicates that NOAH is financially healthy and has no problem in meeting its short term obligations.
NOAH has a Current ratio of 3.48. This is amongst the best in the industry. NOAH outperforms 82.69% of its industry peers.
NOAH has a Quick Ratio of 3.48. This indicates that NOAH is financially healthy and has no problem in meeting its short term obligations.
NOAH's Quick ratio of 3.48 is amongst the best of the industry. NOAH outperforms 82.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.48 | ||
| Quick Ratio | 3.48 |
3. Growth
3.1 Past
NOAH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -91.87%.
Measured over the past years, NOAH shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -35.69% on average per year.
NOAH shows a decrease in Revenue. In the last year, the revenue decreased by -2.90%.
Measured over the past years, NOAH shows a small growth in Revenue. The Revenue has been growing by 0.03% on average per year.
EPS 1Y (TTM)-91.87%
EPS 3YN/A
EPS 5Y-35.69%
EPS growth Q2Q-87.23%
Revenue 1Y (TTM)-2.9%
Revenue growth 3Y-0.11%
Revenue growth 5Y0.03%
Revenue growth Q2Q9.56%
3.2 Future
NOAH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.76% yearly.
The Revenue is expected to grow by 6.25% on average over the next years.
EPS Next Y5.43%
EPS Next 2Y8.18%
EPS Next 3Y8.76%
EPS Next 5YN/A
Revenue Next Year2.03%
Revenue Next 2Y5.86%
Revenue Next 3Y6.25%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NOAH is valuated cheaply with a Price/Earnings ratio of 6.97.
Based on the Price/Earnings ratio, NOAH is valued cheaply inside the industry as 86.06% of the companies are valued more expensively.
NOAH is valuated cheaply when we compare the Price/Earnings ratio to 28.28, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 5.92, the valuation of NOAH can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NOAH indicates a rather cheap valuation: NOAH is cheaper than 95.19% of the companies listed in the same industry.
NOAH is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.97 | ||
| Fwd PE | 5.92 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.28
PEG (5Y)N/A
EPS Next 2Y8.18%
EPS Next 3Y8.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.05%, NOAH has a reasonable but not impressive dividend return.
NOAH's Dividend Yield is comparable with the industry average which is at 7.28.
Compared to an average S&P500 Dividend Yield of 2.41, NOAH pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
NOAH has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y8.18%
EPS Next 3Y8.76%
NOAH HOLDINGS LTD-SPON ADS
NYSE:NOAH (5/3/2024, 7:08:56 PM)
After market: 13.6799 +0.02 (+0.15%)13.66
+0.57 (+4.35%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap897.05M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 6.97 | ||
| Fwd PE | 5.92 | ||
| 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)1.28
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.39% | ||
| ROE | 9.05% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 32.48% | ||
| PM (TTM) | 27.62% | ||
| 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 Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.48 | ||
| Quick Ratio | 3.48 | ||
| 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)-91.87%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y5.43%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-2.9%
Revenue growth 3Y-0.11%
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