Noah Holdings Ltd

Find Ratings Reports
NOAH : NYSE : Financial
$26.71 -0.06 | -0.22%
Today's Range: 26.70 - 27.30
Avg. Daily Volume: 258,300
08/23/16 - 3:55 PM ET

Financial Analysis


NOAH HOLDINGS LTD -ADR's gross profit margin for the first quarter of its fiscal year 2016 has decreased when compared to the same period a year ago. The company has grown sales and net income significantly, outpacing the average growth rates of competitors within its industry. NOAH HOLDINGS LTD -ADR is extremely liquid. Currently, the Quick Ratio is 2.32 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.

At the same time, stockholders' equity ("net worth") has greatly increased by 26.98% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q1 FY16 Q1 FY15
Net Sales ($mil)94.1671.8
EBITDA ($mil)0.00.0
EBIT ($mil)24.5722.78
Net Income ($mil)30.8621.18


Balance Sheet Q1 FY16 Q1 FY15
Cash & Equiv. ($mil)477.07349.33
Total Assets ($mil)764.06515.33
Total Debt ($mil)80.080.0
Equity ($mil)425.69335.23


Profitability Q1 FY16 Q1 FY15
Gross Profit Margin45.5449.36
EBITDA Margin0.00.0
Operating Margin26.0931.73
Sales Turnover0.460.52
Return on Assets12.0914.88
Return on Equity21.722.88
Debt Q1 FY16 Q1 FY15
Current Ratio2.434.62
Debt/Capital0.160.19
Interest Expense0.720.49
Interest Coverage33.9846.39


Share Data Q1 FY16 Q1 FY15
Shares outstanding (mil)56.2256.2
Div / share0.00.0
EPS0.520.37
Book value / share7.575.96
Institutional Own % n/a n/a
Avg Daily Volume264755.0357405.0

Valuation


BUY. This stock's P/E ratio indicates a discount compared to an average of 19.95 for the Capital Markets industry and a discount compared to the S&P 500 average of 25.30. To use another comparison, its price-to-book ratio of 3.52 indicates a premium versus the S&P 500 average of 2.83 and a significant premium versus the industry average of 1.72. The current price-to-sales ratio is well above the S&P 500 average and above the industry average, indicating a premium.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
NOAH 17.10 Peers 19.95   NOAH NA Peers 12.99

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

NOAH is trading at a discount to its peers.

 

Neutral. The P/CF ratio is the stock’s price divided by the sum of the company's cash flow from operations. It is useful for comparing companies with different capital requirements or financing structures.

Ratio not available.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
NOAH 13.75 Peers 17.53   NOAH 0.92 Peers 1.39

Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.

NOAH is trading at a valuation on par with its peers.

 

Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

NOAH trades at a significant discount to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
NOAH 3.52 Peers 1.72   NOAH 14.70 Peers -31.01

Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

NOAH is trading at a significant premium to its peers.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

NOAH is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
NOAH 4.29 Peers 3.81   NOAH 29.77 Peers -3.40

Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

NOAH is trading at a premium to its industry on this measurement.

 

Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

NOAH has a sales growth rate that significantly exceeds its peers.

 

 

Latest Stock Upgrades/Downgrades