WallStSmart

Nomura Holdings Inc ADR (NMR)vsVirtu Financial, Inc. (VIRT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Nomura Holdings Inc ADR generates 70979% more annual revenue ($2.17T vs $3.05B). VIRT leads profitability with a 18.1% profit margin vs 16.7%. VIRT trades at a lower P/E of 9.5x. VIRT earns a higher WallStSmart Score of 75/100 (B).

NMR

Strong Buy

70

out of 100

Grade: B-

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

VIRT

Strong Buy

75

out of 100

Grade: B

Growth: 9.3Profit: 8.5Value: 6.7Quality: 3.0
Piotroski: 4/9Altman Z: 0.63

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

VIRT6 strengths · Avg: 9.7/10
P/E RatioValuation
9.5x10/10

Attractively priced relative to earnings

Return on EquityProfitability
31.8%10/10

Every $100 of equity generates 32 in profit

Operating MarginProfitability
46.8%10/10

Strong operational efficiency at 46.8%

Revenue GrowthGrowth
30.3%10/10

Revenue surging 30.3% year-over-year

EPS GrowthGrowth
84.3%10/10

Earnings expanding 84.3% YoY

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Areas to Watch

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

VIRT3 concerns · Avg: 1.7/10
Free Cash FlowQuality
$-31.80M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.632/10

Distress zone — elevated risk

Debt/EquityHealth
2.681/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : VIRT

The strongest argument for VIRT centers on P/E Ratio, Return on Equity, Operating Margin. Profitability is solid with margins at 18.1% and operating margin at 46.8%. Revenue growth of 30.3% demonstrates continued momentum.

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.

Bear Case : VIRT

The primary concerns for VIRT are Free Cash Flow, Altman Z-Score, Debt/Equity. Debt-to-equity of 2.68 is elevated, increasing financial risk.

Key Dynamics to Monitor

VIRT carries more volatility with a beta of 0.61 — expect wider price swings.

VIRT is growing revenue faster at 30.3% — sustainability is the question.

VIRT generates stronger free cash flow (-32M), providing more financial flexibility.

Monitor CAPITAL MARKETS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

VIRT scores higher overall (75/100 vs 70/100), backed by strong 18.1% margins and 30.3% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

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.

Virtu Financial, Inc.

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Virtu Financial, Inc., a financial services company, provides data, analytics and connectivity products and execution services to clients around the world. The company is headquartered in New York, New York.

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