WallStSmart

Netcapital Inc (NCPL)vsNomura Holdings Inc ADR (NMR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Nomura Holdings Inc ADR generates 293132157% more annual revenue ($2.17T vs $739,500). NMR leads profitability with a 16.7% profit margin vs 0.0%. NMR earns a higher WallStSmart Score of 70/100 (B-).

NCPL

Avoid

21

out of 100

Grade: F

Growth: 2.0Profit: 2.5Value: 5.0Quality: 4.5
Piotroski: 2/9Altman Z: -5.08

NMR

Strong Buy

70

out of 100

Grade: B-

Growth: 7.3Profit: 6.5Value: 7.7Quality: 3.5
Piotroski: 4/9Altman Z: 0.53

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NCPL2 strengths · Avg: 9.5/10
Price/BookValuation
0.3x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.119/10

Conservative balance sheet, low leverage

NMR4 strengths · Avg: 9.0/10
P/E RatioValuation
11.8x10/10

Attractively priced relative to earnings

Price/BookValuation
1.0x10/10

Reasonable price relative to book value

PEG RatioValuation
0.828/10

Growing faster than its price suggests

Revenue GrowthGrowth
27.5%8/10

Revenue surging 27.5% year-over-year

Areas to Watch

NCPL4 concerns · Avg: 2.8/10
Market CapQuality
$7.31M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Return on EquityProfitability
-130.2%2/10

ROE of -130.2% — below average capital efficiency

NMR4 concerns · Avg: 2.3/10
EPS GrowthGrowth
4.5%4/10

4.5% earnings growth

Free Cash FlowQuality
$-1.20T2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.532/10

Distress zone — elevated risk

Debt/EquityHealth
4.671/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : NCPL

The strongest argument for NCPL centers on Price/Book, Debt/Equity.

Bull Case : NMR

The strongest argument for NMR centers on P/E Ratio, Price/Book, PEG Ratio. Profitability is solid with margins at 16.7% and operating margin at 18.7%. Revenue growth of 27.5% demonstrates continued momentum.

Bear Case : NCPL

The primary concerns for NCPL are Market Cap, Profit Margin, Piotroski F-Score.

Bear Case : NMR

The primary concerns for NMR are EPS Growth, Free Cash Flow, Altman Z-Score. Debt-to-equity of 4.67 is elevated, increasing financial risk.

Key Dynamics to Monitor

NCPL profiles as a value stock while NMR is a growth play — different risk/reward profiles.

NCPL carries more volatility with a beta of 1.55 — expect wider price swings.

NMR is growing revenue faster at 27.5% — sustainability is the question.

NCPL generates stronger free cash flow (-868,748), providing more financial flexibility.

Bottom Line

NMR scores higher overall (70/100 vs 21/100), backed by strong 16.7% margins and 27.5% revenue growth. Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Netcapital Inc

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Netcapital Inc. is a fintech company. The company is headquartered in Boston, Massachusetts.

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Nomura Holdings Inc ADR

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Nomura Holdings, Inc. provides various financial services to individuals, corporations, financial institutions, governments, and government agencies worldwide. The company is headquartered in Tokyo, Japan.

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