NOAH (Noah Holdings) EV-to-FCF: (As of Jul. 24, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NOAH Noah Holdings Ltd NOAH
73 GF Score
Price $8.57
GF Value $11.20
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Noah Holdings EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Noah Holdings's Enterprise Value is $-146.1 Mil. Noah Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $0.0 Mil. Therefore, Noah Holdings's EV-to-FCF for today is .

The historical rank and industry rank for Noah Holdings's EV-to-FCF or its related term are showing as below:

NOAH' s EV-to-FCF Range Over the Past 10 Years
Min: -1.27   Med: 13.12   Max: 36.38
Current: -1.22

During the past 13 years, the highest EV-to-FCF of Noah Holdings was 36.38. The lowest was -1.27. And the median was 13.12.

NOAH's EV-to-FCF is ranked better than
97.02% of 939 companies
in the Asset Management industry
Industry Median: 14.35 vs NOAH: -1.22

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-24), Noah Holdings's stock price is $8.57. Noah Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.078. Therefore, Noah Holdings's PE Ratio (TTM) for today is 7.95.


Noah Holdings  (NYSE:NOAH) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Noah Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.57/1.078
=7.95

Noah Holdings's share price for today is $8.57.
Noah Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.078.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Noah Holdings EV-to-FCF Related Terms


Noah Holdings EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Noah Holdings's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Noah Holdings EV-to-FCF Chart

Noah Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.55 4.05 1.11 2.37 -0.06

Noah Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.06 0.00

NOAH vs BHK, MUJ, BOE: EV-to-FCF Comparison

For the Asset Management subindustry, Noah Holdings's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noah Holdings EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Noah Holdings's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Noah Holdings's EV-to-FCF falls into.


NOAH
73GF Score
Noah Holdings Ltd NOAH
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noah Holdings EV-to-FCF Calculation

Noah Holdings's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=-146.135/0
=

Noah Holdings's current Enterprise Value is $-146.1 Mil.
Noah Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Noah Holdings (NOAH) Overvalued in 2026?

Based on GuruFocus' analysis, Noah Holdings stock appears to be undervalued. The current stock price of $8.57 is trading 23.5% below its estimated GF Value™ of $11.20. GuruFocus considers Noah Holdings to be Modestly Undervalued.

Key valuation signals for NOAH:

  • EV-to-FCF:
  • GF Value™: $11.20 vs. price of $8.57 (23.5% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the NOAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noah Holdings Business Description

Other Exchanges 06686:Hong Kong6NO2:Germany
Address No. 1226 South Shenbin Road, Noah Wealth Center, Minhang District, Shanghai, CHN, 200090
Noah Holdings Ltd is a wealth management service provider offering comprehensive advisory services on investment and asset allocation, mainly for Mandarin-speaking high-net-worth (HNW) investors. The company's operating segments are Domestic public securities, Domestic asset management, Domestic insurance, Overseas wealth management, Overseas asset management, Overseas insurance and comprehensive services, and Headquarters. Maximum revenue is generated from its Domestic asset management business, which manages private equity funds, real estate equity funds, and private secondary products. The domestic asset management operations focus on managing primary market exits and cross-border ETF products in the secondary market. Geographically, it derives maximum revenue from Mainland China.
73GF Score

Get the complete analysis for NOAH

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.57
Price
$11.20
GF Value