(MFG) Mizuho Financial - Ratings and Ratios

Exchange: NYSE • Country: Japan • Currency: USD • Type: Common Stock • ISIN: US60687Y1091

Deposits, Loans, Securities, Asset Management, Advisory

Dividends

Dividend Yield 2.69%
Yield on Cost 5y 9.48%
Yield CAGR 5y 2.72%
Payout Consistency 92.3%
Payout Ratio 36.7%
Risk via 10d forecast
Volatility 29.7%
Value at Risk 5%th 46.1%
Relative Tail Risk -5.50%
Reward TTM
Sharpe Ratio 1.23
Alpha 28.89
CAGR/Max DD 1.76
Character TTM
Hurst Exponent 0.473
Beta 1.049
Beta Downside 1.619
Drawdowns 3y
Max DD 28.34%
Mean DD 5.46%
Median DD 4.94%

Description: MFG Mizuho Financial December 02, 2025

Mizuho Financial Group (NYSE: MFG) is a Japan-based diversified banking institution that operates across retail, corporate, investment, and global markets segments. Its business lines include deposit taking, loan origination (syndicated, mortgage, and credit-card), corporate advisory (M&A, overseas expansion), asset-management, securities underwriting, and a suite of digital and cash-management services. The firm’s footprint spans Japan, the Americas, Europe, and Asia-Oceania, with a corporate structure organized into Retail & Business Banking, Corporate & Investment Banking, Global Markets, Asset Management, and ancillary “Other” businesses.

Key performance indicators from FY 2023 (Mizuho’s most recent audited results) show a net profit of ¥1.2 trillion, a return on equity (ROE) of 7.4 %, and a loan-to-deposit ratio of roughly 78 %. The bank’s net interest margin (NIM) compressed to 0.55 % amid Japan’s prolonged ultra-low-rate environment, a sector-wide driver that pressures profitability for diversified banks. Conversely, non-interest income-particularly from securities underwriting and asset-management fees-rose 4 % year-over-year, partially offsetting margin pressure.

Strategic trends likely to influence Mizuho’s outlook include the ongoing digital transformation of banking services (accelerated by pandemic-induced adoption), the aging Japanese population driving demand for wealth-management and pension-related solutions, and the gradual normalization of interest rates in the United States and Europe, which could improve cross-border funding margins. However, the firm remains exposed to domestic economic headwinds such as sluggish GDP growth and regulatory capital requirements that may constrain balance-sheet expansion.

For a deeper quantitative dive into Mizuho’s valuation metrics and scenario analysis, you might find ValueRay’s data platform useful.

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (1009.24b TTM) > 0 and > 6% of Revenue (6% = 509.47b TTM)
FCFTA -0.01 (>2.0%) and ΔFCFTA -1.47pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -1928 % (prev -1773 %; Δ -155.0pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.01 (>3.0%) and CFO -3820.80b <= Net Income 1009.24b (YES >=105%, WARN >=100%)
Net Debt (-6496.99b) to EBITDA (1297.64b) ratio: -5.01 <= 3.0 (WARN <= 3.5)
Current Ratio 0.29 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (12.45b) change vs 12m ago -1.78% (target <= -2.0% for YES)
Gross Margin 45.38% (prev 38.65%; Δ 6.73pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 3.00% (prev 3.10%; Δ -0.10pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 0.28 (EBITDA TTM 1297.64b / Interest Expense TTM 4630.48b) >= 6 (WARN >= 3)

Altman Z'' -3.58

(A) -0.57 = (Total Current Assets 67287.88b - Total Current Liabilities 230988.23b) / Total Assets 288757.08b
(B) 0.02 = Retained Earnings (Balance) 6451.92b / Total Assets 288757.08b
(C) 0.00 = EBIT TTM 1297.64b / Avg Total Assets 283055.99b
(D) 0.04 = Book Value of Equity 9877.23b / Total Liabilities 277681.07b
Total Rating: -3.58 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 44.89

1. Piotroski 4.50pt
2. FCF Yield -66.21%
3. FCF Margin -49.06%
4. Debt/Equity 5.53
5. Debt/Ebitda -5.01
6. ROIC - WACC (= 0.07)%
7. RoE 9.50%
8. Rev. Trend 86.01%
9. EPS Trend 11.28%

What is the price of MFG shares?

As of December 08, 2025, the stock is trading at USD 7.35 with a total of 1,370,224 shares traded.
Over the past week, the price has changed by +2.65%, over one month by +10.86%, over three months by +11.77% and over the past year by +49.75%.

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.
  • Strong Buy: 1
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the MFG price?

Issuer Target Up/Down from current
Wallstreet Target Price 7 -4.8%
Analysts Target Price 7 -4.8%
ValueRay Target Price 10.7 46.1%

MFG Fundamental Data Overview November 24, 2025

Market Cap JPY = 12789.14b (82.32b USD * 155.3659 USD.JPY)
P/E Trailing = 12.9608
P/E Forward = 11.3766
P/S = 0.0208
P/B = 1.1731
P/EG = 1.0536
Beta = 0.115
Revenue TTM = 8491.24b JPY
EBIT TTM = 1297.64b JPY
EBITDA TTM = 1297.64b JPY
Long Term Debt = 19434.92b JPY (from longTermDebt, last quarter)
Short Term Debt = 41355.97b JPY (from shortTermDebt, last quarter)
Debt = 60790.89b JPY (from shortLongTermDebtTotal, last quarter)
Net Debt = -6496.99b JPY (from netDebt column, last quarter)
Enterprise Value = 6292.15b JPY (12789.14b + Debt 60790.89b - CCE 67287.88b)
Interest Coverage Ratio = 0.28 (Ebit TTM 1297.64b / Interest Expense TTM 4630.48b)
FCF Yield = -66.21% (FCF TTM -4165.74b / Enterprise Value 6292.15b)
FCF Margin = -49.06% (FCF TTM -4165.74b / Revenue TTM 8491.24b)
Net Margin = 11.89% (Net Income TTM 1009.24b / Revenue TTM 8491.24b)
Gross Margin = 45.38% ((Revenue TTM 8491.24b - Cost of Revenue TTM 4638.24b) / Revenue TTM)
Gross Margin QoQ = 48.96% (prev 44.83%)
Tobins Q-Ratio = 0.02 (Enterprise Value 6292.15b / Total Assets 288757.08b)
Interest Expense / Debt = 1.84% (Interest Expense 1117.52b / Debt 60790.89b)
Taxrate = 22.92% (119.20b / 520.12b)
NOPAT = 1000.24b (EBIT 1297.64b * (1 - 22.92%))
Current Ratio = 0.29 (Total Current Assets 67287.88b / Total Current Liabilities 230988.23b)
Debt / Equity = 5.53 (Debt 60790.89b / totalStockholderEquity, last quarter 10995.64b)
Debt / EBITDA = -5.01 (Net Debt -6496.99b / EBITDA 1297.64b)
Debt / FCF = 1.56 (negative FCF - burning cash) (Net Debt -6496.99b / FCF TTM -4165.74b)
Total Stockholder Equity = 10620.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.35% (Net Income 1009.24b / Total Assets 288757.08b)
RoE = 9.50% (Net Income TTM 1009.24b / Total Stockholder Equity 10620.27b)
RoCE = 4.32% (EBIT 1297.64b / Capital Employed (Equity 10620.27b + L.T.Debt 19434.92b))
RoIC = 2.95% (NOPAT 1000.24b / Invested Capital 33850.43b)
WACC = 2.89% (E(12789.14b)/V(73580.03b) * Re(9.88%) + D(60790.89b)/V(73580.03b) * Rd(1.84%) * (1-Tc(0.23)))
Discount Rate = 9.88% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.92%
Fair Price DCF = unknown (Cash Flow -4165.74b)
EPS Correlation: 11.28 | EPS CAGR: 39.66% | SUE: 2.34 | # QB: 1
Revenue Correlation: 86.01 | Revenue CAGR: 32.24% | SUE: 0.54 | # QB: 0
EPS current Year (2026-03-31): EPS=0.57 | Chg30d=-0.024 | Revisions Net=+1 | Growth EPS=+17.8% | Growth Revenue=+92.2%
EPS next Year (2027-03-31): EPS=0.64 | Chg30d=-0.027 | Revisions Net=+1 | Growth EPS=+13.2% | Growth Revenue=+78.7%

Additional Sources for MFG Stock

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