Nomura Holdings (TSE:8604) ROCE %: % (As of Mar. 2026)


TSE:8604 Nomura Holdings Inc TSE:8604
66 GF Score
Price 円1,423.50
GF Value 円1,160.91
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nomura Holdings ROCE %?

Nomura Holdings TSE:8604 +0.71% 66 ROCE % is % as of Mar. 2026. GuruFocus rates TSE:8604 with a GF Score™ of 66/100 and a GF Value™ of 円1,160.91 (Modestly Overvalued). The stock has 6 warning signs investors should review.

ROCE % does not apply to banks and insurance companies.

TSE:8604
66GF Score
Nomura Holdings Inc TSE:8604
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of % mean?
Nomura Holdings (TSE:8604) has a ROCE % of % as of Mar. 2026.
Is Nomura Holdings' ROCE % too high?
Nomura Holdings' current ROCE % is %. Overall, Nomura Holdings has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Holdings' ROCE % compare to MS and GS?
Nomura Holdings' ROCE % of % can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Capital Markets company?
The median ROCE % among Capital Markets companies is 5.58, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Holdings's current ROCE % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nomura Holdings (TSE:8604) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,160.91, compared to a current price of 円1,423.50 — trading 22.6% above its estimated fair value. The current ROCE % is %. Nomura Holdings' overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Nomura Holdings (TSE:8604), the current ROCE % is % as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nomura Holdings (TSE:8604) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Holdings stock appears to be overvalued. The current stock price of 円1,423.50 is trading 22.6% above its estimated GF Value™ of 円1,160.91. GuruFocus considers Nomura Holdings to be Modestly Overvalued.

Key valuation signals for TSE:8604:

  • ROCE %: %
  • GF Value™: 円1,160.91 vs. price of 円1,423.50 (22.6% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the TSE:8604 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nomura Holdings Business Description

Address 13-1, Nihonbashi 1-chome, Chuo-Ku, Tokyo, JPN, 103-8645
Nomura Holdings Inc is a financial services group in Japan and operates offices in countries and regions world-wide, including Japan, the U.S., the U.K., Singapore, and the Hong Kong Special Administrative Region ("Hong Kong") through its subsidiaries. The company's clients include individuals, corporations, financial institutions, governments, and governmental agencies. The company's business consists of Wealth Management*, Investment Management, and Wholesale. The company generates the majority of its revenue from the wholesale segment. The Wholesale Division consists of two businesses, Global Markets, which is mainly engaged in the trading, sales, and structuring of financial products, and Investment Banking, which is engaged in advisory, financing, and solutions businesses.
66GF Score

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

円1,423.50
Price
円1,160.91
GF Value