(MFG) Mizuho Financial - Overview

Sector: Financial Services | Industry: Banks - Regional | Exchange: NYSE (USA) | Market Cap: 93.329m USD | Total Return: 56.2% in 12m

Stock Banking, Securities, Asset, Trust, Advisory
Total Rating 55
Risk 31
Buy Signal 1.07
Banks - Regional +1.6
Diversified Banks -1.8
Market Cap: 93,329m
Avg Trading Vol: 39.3M USD
ATR: 3.25%
Peers RS (IBD): 88.0
Risk 5d forecast
Volatility39.4%
Rel. Tail Risk-4.71%
Reward TTM
Sharpe Ratio1.14
Alpha21.56
Character TTM
Beta1.316
Beta Downside2.216
Drawdowns 3y
Max DD28.34%
CAGR/Max DD1.57
EPS (Earnings per Share) EPS (Earnings per Share) of MFG over the last years for every Quarter: "2021-03": 0.0844, "2021-06": 0.1809, "2021-09": 0.09, "2021-12": 0.06, "2022-03": 0.16, "2022-06": 0.09, "2022-09": 0.1, "2022-12": 0.13, "2023-03": 0.01, "2023-06": 0.14, "2023-09": 0.09, "2023-12": 0.12, "2024-03": 0.02, "2024-06": 0.15, "2024-09": 0.14, "2024-12": 0.15, "2025-03": 0.02, "2025-06": 0.16, "2025-09": 0.21, "2025-12": 0.17,
EPS CAGR: 1.63%
EPS Trend: 14.7%
Last SUE: 1.71
Qual. Beats: 2
Revenue Revenue of MFG over the last years for every Quarter: 2021-03: 718639, 2021-06: 682175, 2021-09: 758925, 2021-12: 753363, 2022-03: 640548, 2022-06: 840191, 2022-09: 1140804, 2022-12: 1337222, 2023-03: 1569458, 2023-06: 1770633, 2023-09: 1917064, 2023-12: 1918510, 2024-03: 2249785, 2024-06: 2315072, 2024-09: 2117596, 2024-12: 2394607, 2025-03: 1936975, 2025-06: 2011331, 2025-09: 2148330, 2025-12: 2231746,
Rev. CAGR: 39.49%
Rev. Trend: 81.8%
Last SUE: 0.56
Qual. Beats: 0
Description: MFG Mizuho Financial February 25, 2026

Mizuho Financial Group (NYSE: MFG) is a diversified Japanese bank that operates across retail, corporate, investment, and global markets segments. Through subsidiaries it offers deposit products, a full suite of loan services, asset-management and trust solutions, securities underwriting, trade-finance, and digital banking, serving clients in Japan, the Americas, Europe, and Asia-Oceania.

In its most recent fiscal year (FY 2023), Mizuho reported net profit of ¥1.22 trillion, a return on equity (ROE) of 7.5%, and a Common Equity Tier 1 (CET1) capital ratio of 14.7%, reflecting solid capital strength amid a low-interest-rate environment. The bank’s Global Markets division saw a 12% rise in trading revenue, driven by increased demand for yen-denominated hedging products.

Key drivers for Mizuho and the broader Japanese banking sector include the Bank of Japan’s gradual policy shift toward modest rate hikes, which is beginning to improve net interest margins, and the accelerating adoption of digital banking platforms that are reshaping customer acquisition. Additionally, a weaker yen against the dollar is boosting overseas earnings for Japanese banks with significant foreign exposure.

For a deeper dive into Mizuho’s valuation and outlook, you may explore ValueRay’s detailed reports.

Headlines to Watch Out For
  • Japanese interest rate hikes boost net interest income
  • Global economic slowdown impacts lending demand
  • Regulatory changes in banking sector increase compliance costs
  • Yen depreciation affects international asset values
  • Competition from fintech firms pressures traditional banking services
Piotroski VR‑10 (Strict, 0-10) 5.0
Net Income: 1049.95b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -1.97 > 1.0
NWC/Revenue: -1.73k% < 20% (prev -1.50k%; Δ -232.3% < -1%)
CFO/TA -0.02 > 3% & CFO -6067.92b > Net Income 1049.95b
Net Debt (3329.01b) to EBITDA (1346.07b): 2.47 < 3
Current Ratio: 0.39 > 1.5 & < 3
Outstanding Shares: last quarter (12.40b) vs 12m ago -2.13% < -2%
Gross Margin: 46.25% > 18% (prev 0.39%; Δ 4.59k% > 0.5%)
Asset Turnover: 2.86% > 50% (prev 3.18%; Δ -0.32% > 0%)
Interest Coverage Ratio: 0.31 > 6 (EBITDA TTM 1346.07b / Interest Expense TTM 4359.91b)
Altman Z'' -3.03
A: -0.48 (Total Current Assets 93813.96b - Total Current Liabilities 237706.93b) / Total Assets 297570.17b
B: 0.02 (Retained Earnings 6601.42b / Total Assets 297570.17b)
C: 0.00 (EBIT TTM 1346.07b / Avg Total Assets 291480.81b)
D: 0.04 (Book Value of Equity 10141.68b / Total Liabilities 286311.42b)
Altman-Z'' Score: -3.03 = D
Beneish M -3.24
DSRI: 0.94 (Receivables 1821.77b/2111.38b, Revenue 8328.38b/9077.06b)
GMI: 0.85 (GM 46.25% / 39.11%)
AQI: 1.01 (AQ_t 0.68 / AQ_t-1 0.67)
SGI: 0.92 (Revenue 8328.38b / 9077.06b)
TATA: 0.02 (NI 1049.95b - CFO -6067.92b) / TA 297570.17b)
Beneish M-Score: -3.24 (Cap -4..+1) = AA
What is the price of MFG shares? As of April 02, 2026, the stock is trading at USD 7.94 with a total of 5,423,430 shares traded.
Over the past week, the price has changed by +5.28%, over one month by -3.34%, over three months by +13.09% and over the past year by +56.24%.
Is MFG a buy, sell or hold? 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
What are the forecasts/targets for the MFG price?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 8.5 6.4%
Analysts Target Price 8.5 6.4%
MFG Fundamental Data Overview March 31, 2026
Market Cap JPY = 14956.37b (93.33b USD * 160.2546 USD.JPY)
P/E Trailing = 14.3962
P/E Forward = 11.3895
P/S = 0.0232
P/B = 1.3277
P/EG = 0.856
Revenue TTM = 8328.38b JPY
EBIT TTM = 1346.07b JPY
EBITDA TTM = 1346.07b JPY
Long Term Debt = 20116.26b JPY (from longTermDebt, last quarter)
Short Term Debt = 44300.83b JPY (from shortTermDebt, last quarter)
Debt = 64417.10b JPY (from shortLongTermDebtTotal, last quarter)
Net Debt = 3329.01b JPY (from netDebt column, last quarter)
Enterprise Value = -11959.53b JPY (14956.37b + Debt 64417.10b - CCE 91333.00b)
Interest Coverage Ratio = 0.31 (Ebit TTM 1346.07b / Interest Expense TTM 4359.91b)
EV/FCF = 2.87x (Enterprise Value -11959.53b / FCF TTM -4165.74b)
FCF Yield = 34.83% (FCF TTM -4165.74b / Enterprise Value -11959.53b)
FCF Margin = -50.02% (FCF TTM -4165.74b / Revenue TTM 8328.38b)
Net Margin = 12.61% (Net Income TTM 1049.95b / Revenue TTM 8328.38b)
Gross Margin = 46.25% ((Revenue TTM 8328.38b - Cost of Revenue TTM 4476.18b) / Revenue TTM)
Gross Margin QoQ = 44.27% (prev 48.96%)
 Tobins Q-Ratio = -0.04 (set to none) (Enterprise Value -11959.53b / Total Assets 297570.17b)
 Interest Expense / Debt = 1.80% (Interest Expense 1159.10b / Debt 64417.10b)
Taxrate = 21.96% (93.22b / 424.51b)
NOPAT = 1050.49b (EBIT 1346.07b * (1 - 21.96%))
Current Ratio = 0.39 (Total Current Assets 93813.96b / Total Current Liabilities 237706.93b)
Debt / Equity = 5.76 (Debt 64417.10b / totalStockholderEquity, last quarter 11175.39b)
Debt / EBITDA = 2.47 (Net Debt 3329.01b / EBITDA 1346.07b)
 Debt / FCF = -0.80 (negative FCF - burning cash) (Net Debt 3329.01b / FCF TTM -4165.74b)
 Total Stockholder Equity = 10788.58b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.36% (Net Income 1049.95b / Total Assets 297570.17b)
RoE = 9.73% (Net Income TTM 1049.95b / Total Stockholder Equity 10788.58b)
RoCE = 4.36% (EBIT 1346.07b / Capital Employed (Equity 10788.58b + L.T.Debt 20116.26b))
RoIC = 3.01% (NOPAT 1050.49b / Invested Capital 34844.34b)
WACC = 3.14% (E(14956.37b)/V(79373.47b) * Re(10.61%) + D(64417.10b)/V(79373.47b) * Rd(1.80%) * (1-Tc(0.22)))
Discount Rate = 10.61% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.09%
 [DCF] Fair Price = unknown (Cash Flow -4165.74b)
 EPS Correlation: 14.66 | EPS CAGR: 1.63% | SUE: 1.71 | # QB: 2
Revenue Correlation: 81.81 | Revenue CAGR: 39.49% | SUE: 0.56 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.16 | Chg7d=+0.005 | Chg30d=-0.004 | Revisions Net=-1 | Analysts=1
EPS next Year (2027-03-31): EPS=0.69 | Chg7d=+0.020 | Chg30d=+0.048 | Revisions Net=+1 | Growth EPS=+15.4% | Growth Revenue=+78.9%
Additional Sources for MFG Stock Fund Manager Positions: Dataroma · Stockcircle