MFG Stock Analysis: Mizuho Financial | NYSE
Banks - Regional | NYSE, USA | Market Cap: 130.471m USD | 12M Return: 71.4% | US60687Y1091 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 35.4M
EPS Trend: 97.3%
Qual. Beats: 4
Rev. Trend: 73.3%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Mizuho Financial Group, Inc. (NYSE: MFG) is a Tokyo-based financial holding company that operates one of Japans largest universal banking franchises, with operations spanning Japan, the Americas, Europe, and Asia/Oceania. Founded in 2000, Mizuho is classified under the GICS Diversified Banks sub-industry and is one of Japans three major banking groups (megabanks). The company reports through six core segments: Retail & Business Banking, Corporate & Investment Banking, Global Corporate & Investment Banking, Global Markets, Asset Management, and Others.
Its business model combines traditional commercial banking (deposits, syndicated and housing loans, card loans) with investment banking and capital markets activities (equity and bond underwriting, M&A advisory, sales and trading). Mizuho also extends into trust banking, pension and asset management, securities custody, trade finance, and securitization, alongside ancillary services such as real estate brokerage, payroll processing, stock transfer agency, and lottery ticket distribution. This breadth reflects the universal bank model common among large Japanese lenders, where retail, wholesale, and asset management functions are housed under a single corporate umbrella.
Mizuhos U.S. listing is structured as an American Depositary Receipt (ADR), allowing U.S. investors to trade the stock in dollars on the NYSE while the underlying shares remain listed in Japan.
- Bank of Japan rate hikes expand net interest margins
- Investment banking fees rise on global M&A and debt underwriting activity
- Share buybacks accelerate amid regulatory push for capital returns
| Net Income: 1391b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 1.66 > 1.0 |
| NWC/Revenue: 73.95% < 20% (prev -1.60k%; Δ 1.67k% < -1%) |
| CFO/TA 0.00 > 3% & CFO 590b > Net Income 1391b |
| Net Debt (15677b) to EBITDA (2106b): 7.44 < 3 |
| Current Ratio: 1.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (12.2b) vs 12m ago -3.03% < -2% |
| Gross Margin: 49.14% > 18% (prev 44.46%; Δ 4.68% > 0.5%) |
| Asset Turnover: 3.10% > 50% (prev 3.04%; Δ 0.07% > 0%) |
| Interest Coverage Ratio: 0.41 > 6 (EBIT TTM 1850b / Interest Expense TTM 4518b) |
| A: 0.02 (Total Current Assets 52552b - Total Current Liabilities 45889b) / Total Assets 302275b |
| B: 0.02 (Retained Earnings 6733b / Total Assets 302275b) |
| C: 0.01 (EBIT TTM 1850b / Avg Total Assets 290463b) |
| D: 0.04 (Book Value of Equity 11436b / Total Liabilities 290764b) |
| Altman-Z'' = 0.30 = B |
As of August 16, 2026, the stock is trading at USD 10.87 with a total of 1,649,951 shares traded. Over the past week, the price has changed by +1.49%, over one month by +2.84%, over three months by +22.69% and over the past year by +71.41%.
Current recommended Stop Loss: 10.50 (which is 3.4% or 1.4 ATR below the current price).
Mizuho Financial has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MFG.
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 10.5 | -3.6% |
Market Cap JPY = 20796b (130b USD * 159.39 USD.JPY)
P/E Trailing = 16.7344
P/E Forward = 14.5985
P/S = 0.0275
P/B = 1.8172
P/EG = 1.5866
Revenue TTM = 9009b JPY
EBIT TTM = 1850b JPY
EBITDA TTM = 2106b JPY
Long Term Debt = 21068b JPY (from longTermDebt, last fiscal year)
Short Term Debt = 45889b JPY (from shortTermDebt, last quarter)
Debt = 68229b JPY (from shortLongTermDebtTotal, last quarter) + Leases 646b
Net Debt = 15677b JPY (calculated: Debt 68229b - CCE 52552b)
Enterprise Value = 36473b JPY (20796b + Debt 68229b - CCE 52552b)
Interest Coverage Ratio = 0.41 (Ebit TTM 1850b / Interest Expense TTM 4518b)
EV/FCF = 74.78x (Enterprise Value 36473b / FCF TTM 488b)
FCF Yield = 1.34% (FCF TTM 488b / Enterprise Value 36473b)
FCF Margin = 5.41% (FCF TTM 488b / Revenue TTM 9009b)
Net Margin = 15.44% (Net Income TTM 1391b / Revenue TTM 9009b)
Gross Margin = 49.14% ((Revenue TTM 9009b - Cost of Revenue TTM 4582b) / Revenue TTM)
Gross Margin QoQ = 51.44% (prev 51.71%)
Tobins Q-Ratio = 0.12 (Enterprise Value 36473b / Total Assets 302275b)
Interest Expense / Debt = 6.62% (Interest Expense 4518b / Debt 68229b)
Taxrate = 24.49% (453b / 1850b)
NOPAT = 1397b (EBIT 1850b * (1 - 24.49%))
Current Ratio = 1.15 (Total Current Assets 52552b / Total Current Liabilities 45889b)
Debt / Equity = 5.97 (Debt 68229b / totalStockholderEquity, last quarter 11436b)
Debt / EBITDA = 7.44 (Net Debt 15677b / EBITDA 2106b)
Debt / FCF = 32.14 (Net Debt 15677b / FCF TTM 488b)
Total Stockholder Equity = 11243b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.48% (Net Income 1391b / Total Assets 302275b)
RoE = 12.37% (Net Income TTM 1391b / Total Stockholder Equity 11243b)
RoCE = 5.73% (EBIT 1850b / Capital Employed (Equity 11243b + L.T.Debt 21068b))
RoIC = 0.46% (NOPAT 1397b / Invested Capital 301824b)
WACC = 6.16% (E(20796b)/V(89025b) * Re(9.96%) + D(68229b)/V(89025b) * Rd(6.62%) * (1-Tc(0.24)))
Discount Rate = 9.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -93.43 | Cagr: -1.74%
[DCF] Terminal Value 75.44% ; FCFF base≈488b ; Y1≈490b ; Y5≈519b
[DCF] Fair Price = N/A (negative equity: EV 8069b - Net Debt 15677b = -7608b; debt exceeds intrinsic value)
EPS Correlation: 97.32 | EPS CAGR: 28.63% | SUE: 3.75 | # QB: 4
Revenue Correlation: 73.31 | Revenue CAGR: 8.00% | SUE: 0.74 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.19 | Chg30d=+12.18% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-12-31): EPS=0.20 | Chg30d=+10.19% | Revisions=+25% | Analysts=1
EPS current Year (2027-03-31): EPS=0.74 | Chg30d=+9.62% | Revisions=+25% | GrowthEPS=+15.6% | GrowthRev=+97.0%
EPS next Year (2028-03-31): EPS=0.88 | Chg30d=N/A | Revisions=+25% | GrowthEPS=+19.1% | GrowthRev=+71.9%