Noah Holdings Limited (HKG:6686)

Noah Holdings Statistics

Total Valuation

Noah Holdings has a market cap or net worth of HKD 5.54 billion. The enterprise value is 213.12 million.

Market Cap	5.54B
Enterprise Value	213.12M

Important Dates

The last earnings date was Tuesday, March 24, 2026.

Earnings Date	Mar 24, 2026
Ex-Dividend Date	Jul 2, 2025

Share Statistics

Current Share Class	326.40M
Shares Outstanding	n/a
Shares Change (YoY)	-0.11%
Shares Change (QoQ)	+0.21%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	32.82M

Valuation Ratios

The trailing PE ratio is 8.91 and the forward PE ratio is 7.25.

PE Ratio	8.91
Forward PE	7.25
PS Ratio	1.91
PB Ratio	0.50
P/TBV Ratio	0.51
P/FCF Ratio	5.91
P/OCF Ratio	5.10
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 0.19, with an EV/FCF ratio of 0.23.

EV / Earnings	0.34
EV / Sales	0.07
EV / EBITDA	0.19
EV / EBIT	0.25
EV / FCF	0.23

Financial Position

The company has a current ratio of 4.46, with a Debt / Equity ratio of 0.01.

Current Ratio	4.46
Quick Ratio	4.23
Debt / Equity	0.01
Debt / EBITDA	0.11
Debt / FCF	0.12
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 5.57% and return on invested capital (ROIC) is 10.09%.

Return on Equity (ROE)	5.57%
Return on Assets (ROA)	4.13%
Return on Invested Capital (ROIC)	10.09%
Return on Capital Employed (ROCE)	7.53%
Weighted Average Cost of Capital (WACC)	8.33%
Revenue Per Employee	1.46M
Profits Per Employee	312,513
Employee Count	1,908
Asset Turnover	0.22
Inventory Turnover	n/a

Taxes

In the past 12 months, Noah Holdings has paid 331.41 million in taxes.

Income Tax	331.41M
Effective Tax Rate	34.83%

Stock Price Statistics

The stock price has increased by +16.64% in the last 52 weeks. The beta is 0.77, so Noah Holdings's price volatility has been lower than the market average.

Beta (5Y)	0.77
52-Week Price Change	+16.64%
50-Day Moving Average	18.61
200-Day Moving Average	18.35
Relative Strength Index (RSI)	40.87
Average Volume (20 Days)	7,875

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	2.83

Income Statement

In the last 12 months, Noah Holdings had revenue of HKD 2.90 billion and earned 621.90 million in profits. Earnings per share was 8.85.

Revenue	2.90B
Gross Profit	1.55B
Operating Income	864.28M
Pretax Income	951.49M
Net Income	621.90M
EBITDA	1.04B
EBIT	864.28M
Earnings Per Share (EPS)	8.85

Balance Sheet

The company has 5.58 billion in cash and 115.03 million in debt, with a net cash position of 5.47 billion.

Cash & Cash Equivalents	5.58B
Total Debt	115.03M
Net Cash	5.47B
Net Cash Per Share	n/a
Equity (Book Value)	11.11B
Book Value Per Share	164.16
Working Capital	5.49B

Cash Flow

In the last 12 months, operating cash flow was 1.09 billion and capital expenditures -149.27 million, giving a free cash flow of 937.51 million.

Operating Cash Flow	1.09B
Capital Expenditures	-149.27M
Depreciation & Amortization	180.68M
Net Borrowing	n/a
Free Cash Flow	937.51M
FCF Per Share	n/a

Margins

Gross margin is 53.39%, with operating and profit margins of 29.75% and 21.41%.

Gross Margin	53.39%
Operating Margin	29.75%
Pretax Margin	32.76%
Profit Margin	21.41%
EBITDA Margin	35.77%
EBIT Margin	29.75%
FCF Margin	32.28%

Dividends & Yields

This stock pays an annual dividend of 1.82, which amounts to a dividend yield of 10.47%.

Dividend Per Share	1.82
Dividend Yield	10.47%
Dividend Growth (YoY)	-44.85%
Years of Dividend Growth	n/a
Payout Ratio	97.84%
Buyback Yield	0.11%
Shareholder Yield	10.58%
Earnings Yield	11.23%
FCF Yield	16.92%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on October 30, 2023. It was a forward split with a ratio of 10.

Last Split Date	Oct 30, 2023
Split Type	Forward
Split Ratio	10

Scores

Noah Holdings has an Altman Z-Score of 3.41 and a Piotroski F-Score of 6.

Altman Z-Score	3.41
Piotroski F-Score	6