NOAHNOAH HOLDINGS LTD
Next earnings Aug 25, 2026
$8.77
▲ +0.80%$8.77▼ -24.07%
over 1Y
L $8.70H $12.55
Our buy Our hold Our sell Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today
+0.8%
1W
-14.9%
1M
-16.6%
3M
-12.4%
YTD
-17.5%
1Y
-24.1%
Hold
Conviction
Horizon
Medium (3–12mo)
Street · 10 analysts
Buy
Strong net margin (21.4%).
Revenue (FY2025) $373M · FY2025
This call stands until the filings change it — the engine re-rates on new 10-K/10-Q/8-K facts, never on price moves. Hit Watch above to follow NOAH (Pro alerts fire the moment a rating flips), or catch every change in Saturday’s Flip Side. How to read a call
The read
Middling fundamentals and a rich price (~28% above fair value) leave little margin of safety — a wait-and-see.
NOAH HOLDINGS LTD shows $373M in FY2025 revenue (+4.8% YoY), a 21.4% net margin, and 5.7% ROE.
Supporting the case: strong net margin (21.4%); conservative balance sheet (liabilities/equity 0.18x).
Is NOAH a buy? The one-page verdict, explained →
The options angle
model · matches our verdictCovered call~65d expiry
- Long 100 shares @ ~8.77
- Short call 9 @ ~0.62 est
debit $815max +$85max −$814BE 8.15
HOLD means own it, don't chase it — harvesting premium against the position matches the verdict.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $674M | $450M | $464M | $356M | $373M |
| Gross profit | — | — | — | — | — |
| Operating income | $188M | $158M | $155M | $86.8M | $111M |
| Net income | $206M | $142M | $142M | $65.1M | $79.9M |
| Diluted EPS | $6.10 | $4.14 | $0.41 | $0.18 | $0.23 |
| Net margin | 30.6% | 31.5% | 30.6% | 18.3% | 21.4% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value-$21.6M
EV / EBITDA-0.2
EV / Sales-0.1
EV / FCF-0.2
P / FCF5.0
PEG (trailing)1.68
Earnings yield13.3%
FCF yield20.0%
Quality & risk
ROIC (est.)6.2%
Free cash flow$120M
Total debt$0.00
Net cash$624M
Altman Z-Score3.08 safe
Piotroski F-Score5/7
Capital returns
Buyback yield1.2%
Dividend yield (est.)13.0%
Shareholder yield14.2%
Shares Δ YoY+0.0%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Recent filings
all on EDGAR ↗6-KPeriod ending 2026-07-102026-07-10open ↗6-KPeriod ending 2026-07-092026-07-09open ↗6-KPeriod ending 2026-07-022026-07-02open ↗4Period ending 2026-06-292026-06-30open ↗4Period ending 2026-06-292026-06-30open ↗4Period ending 2026-06-292026-06-30open ↗6-KPeriod ending 2026-06-302026-06-30open ↗6-KPeriod ending 2026-06-122026-06-12open ↗6-KPeriod ending 2026-06-122026-06-12open ↗6-KPeriod ending 2026-06-052026-06-05open ↗6-KPeriod ending 2026-06-032026-06-03open ↗4Period ending 2026-05-292026-05-29open ↗
Frequently asked
- Is NOAH HOLDINGS LTD (NOAH) a buy?
- NOAH currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Strong net margin (21.4%).
- What is NOAH's fair value?
- A Modified-Graham model based on NOAH's SEC fundamentals estimates a fair value of about $6.32. It is an estimate from reported earnings, not a price target.
- Is NOAH overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, NOAH currently appears overvalued relative to its SEC-grounded earnings power.
- What is NOAH HOLDINGS LTD's quality score?
- NOAH scores 69.44863776837997/100 (grade B-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
New filings change verdicts
The daily Brief delivers our freshest calls, rating flips and the filings behind them — every morning, free.
Sources: SEC EDGAR (CIK 0001499543, latest 6-K filed 2026-07-10) · EODHD · as of 7/15/2026, 8:16:08 PM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
Rule-based analysis, generated automatically from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 15, 2026, 4:16 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.