Valuation Daiwa Securities Group Inc.

Equities

Delayed Japan Exchange Other stock markets 12:20:32 2025-12-11 am EST			5-day change	1st Jan Change
1,356.50 ^JPY	+0.30%		+1.04%	+29.39%

Dec. 03	Daiwa Securities Group Inc - Notice on investment in Ambit Wealth Private Limited	RE
Dec. 03	Daiwa Securities Buys 5 Billion Yen Ambit Wealth Stake	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	871,400	1,027,111	902,191	1,605,504	1,402,712	1,864,876	-	-
Change	-	17.87%	-12.16%	77.96%	-12.63%	32.95%	-	-
Enterprise Value (EV) ¹	871,400	1,027,111	902,191	1,605,504	371,021	696,217	620,867	1,864,876
Change	-	17.87%	-12.16%	77.96%	-76.89%	87.65%	-10.82%	200.37%
P/E ratio	8.04x	11x	14.3x	13.6x	9.07x	12.3x	11.8x	10.8x
PBR	0.65x	0.75x	0.64x	1.06x	0.86x	1.13x	1.07x	1.01x
PEG	-	-1x	-0.5x	0.1x	0.3x	102.3x	2.51x	1.14x
Capitalization / Revenue	1.51x	1.66x	1.04x	1.26x	1.02x	1.3x	1.27x	1.25x
EV / Revenue	1.51x	1.66x	1.04x	1.26x	0.27x	0.48x	0.42x	1.25x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	9.38x	8.89x	13.6x	10.4x	2.23x	3.73x	3.01x	8.32x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	36	33	23	44	56	56.29	58.29	65
Rate of return	6.29%	4.76%	3.7%	3.82%	5.63%	4.16%	4.31%	4.81%
EPS ²	71.2	63.06	43.53	84.94	109.5	109.7	114.8	125.7
Distribution rate	50.6%	52.3%	52.8%	51.8%	51.1%	51.3%	50.8%	51.7%
Net sales ¹	576,172	619,471	866,090	1,277,482	1,372,014	1,436,950	1,466,150	1,492,100
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	92,859	115,534	66,273	153,705	166,742	186,727	205,931	224,070
Net income ¹	108,396	94,891	63,875	121,557	154,368	148,061	154,847	169,112
Net Debt ¹	-	-	-	-	-1,031,691	-1,168,659	-1,244,008	-
Reference price ²	572.10	692.70	621.00	1,151.00	993.80	1,352.50	1,352.50	1,352.50
Nbr of stocks (in thousands)	1,523,160	1,482,764	1,452,803	1,394,878	1,411,463	1,378,836	-	-
Announcement Date	4/28/21	4/27/22	4/27/23	4/25/24	4/28/25	-	-	-

¹JPY in Million²JPY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
DAIWA SECURITIES GROUP INC.	12.08x	0.46x	-	4.25%	11.64B
MORGAN STANLEY	18.04x	7.3x	-	2.16%	284B
THE GOLDMAN SACHS GROUP, INC.	18x	10.91x	-	1.59%	275B
CITIGROUP INC.	14.36x	-	-	2.12%	196B
CHARLES SCHWAB	20.35x	-	-	1.15%	167B
CITIC SECURITIES COMPANY LIMITED	14.63x	1.35x	-	2.4%	58.41B
RAYMOND JAMES FINANCIAL, INC.	14.39x	-	-	1.4%	32.44B
LPL FINANCIAL HOLDINGS INC.	34.36x	2.18x	14.43x	0.33%	29.99B
HUATAI SECURITIES CO., LTD.	12.01x	6.36x	-	2.44%	27.02B
CSC FINANCIAL CO., LTD.	9.54x	-	-	3.13%	25.97B
Average	16.78x	4.76x	14.43x	2.1%	110.78B
Weighted average by Cap.	17.48x	7.86x	14.43x	1.85%