MIZUHO FINANCIAL GROUP INC (MFG) has a current P/E ratio of 33.5, compared to its historical median P/E of 21.3. The stock is currently considered Fair based on its historical valuation range.
MIZUHO FINANCIAL GROUP INC (MFG) has a 5-year average return on invested capital (ROIC) of 1.7%. This is below average and may indicate limited pricing power.
MIZUHO FINANCIAL GROUP INC (MFG) has a market capitalization of $26.9B. It is classified as a large-cap stock.
Yes, MIZUHO FINANCIAL GROUP INC (MFG) pays a dividend with a trailing twelve-month yield of 1131.84%. The company also returns capital through share buybacks, with a buyback yield of 382.66%.
Based on historical P/E analysis, MIZUHO FINANCIAL GROUP INC (MFG) appears fair. The current P/E of 33.5 is 58% above its historical median of 21.3. The estimated fair value CAGR (P/E method) is 27.8%.
MIZUHO FINANCIAL GROUP INC (MFG) operates in the National Commercial Banks industry, within the Financials sector.
ITEM 4. INFORMATION ON THE COMPANY 4.A. History and Development of the Company The Mizuho Group The Mizuho group was created on September 29, 2000 through the establishment of Mizuho Holdings, Inc. as a holding company of our three predecessor banks, The Dai-Ichi Kangyo Bank, The Fuji Bank and The Industrial Bank of Japan. On October 1, 2000, the respective securities subsidiaries of the predecessor banks merged to form Mizuho Securities Co., Ltd., and the respective trust bank subsidiaries merged on the same date to form Mizuho Trust & Banking. A further major step in the Mizuho group’s development occurred in April 2002 when the operations of our three predecessor banks were realigned through a corporate split and merger process under Japanese law into a wholesale banking subsidiary, the former Mizuho Corporate Bank, and a banking subsidiary serving primarily retail and small and medium-sized enterprise customers, the former Mizuho Bank.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 8.2T | 8.2T | 8.5T | 4.3T | 2.1T | 3.5T |
| Net Income | 593.4B | 593.4B | 912.5B | -14.0B | -104.7B | 581.8B |
| EPS | $234.52 | $234.52 | $359.65 | $-16,946.18 | $-41.28 | $229.26 |
| Free Cash Flow | -279.0B | -279.0B | -3.7T | 821.3B | 5.4T | 257.3B |
| ROIC | 0.1% | 2.3% | 3.6% | -0.1% | -0.5% | 2.9% |
| Gross Margin | 26.8% | 26.8% | 28.1% | 29.5% | 31.7% | 24.9% |
| Debt/Equity | 1.50 | 1.50 | 1.65 | 1.68 | 1.41 | 1.29 |
| Dividends/Share | $120.31 | $140.00 | $105.00 | $253,372.54 | $80.00 | $75.00 |
| Operating Income | 265.0B | 265.0B | 221.3B | 199.5B | 120.9B | 52.1B |
| Operating Margin | 3.2% | 3.2% | 2.6% | 4.7% | 5.7% | 1.5% |
| ROE | 5.9% | 5.9% | 9.7% | -0.2% | -1.2% | 6.6% |
| Shares Outstanding | 2,530M | 2,530M | 2,537M | 1M | 2,537M | 2,538M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 2.5T | 3.3T | 3.4T | 2.9T | 3.4T | 3.4T | 3.5T | 3.5T | 2.1T | 4.3T | 8.5T | 8.2T | 8.2T |
| Gross Margin | 13.2% | 15.4% | 14.7% | 19.7% | 20.5% | 20.0% | 22.0% | 24.9% | 31.7% | 29.5% | 28.1% | 26.8% | 26.8% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 586.7B | 605.5B | 633.6B | 663.2B | 688.5B | 682.6B | 677.3B | 685.7B | 669.5B | 694.0B | 804.0B | 883.4B | 883.4B |
| EBIT | 165.1B | 138.7B | 103.5B | 149.4B | 80.5B | 72.1B | 139.6B | 52.1B | 120.9B | 199.5B | 221.3B | 265.0B | 265.0B |
| Op. Margin | 6.6% | 4.3% | 3.1% | 5.2% | 2.4% | 2.1% | 4.0% | 1.5% | 5.7% | 4.7% | 2.6% | 3.2% | 3.2% |
| Net Income | 491.7B | 798.1B | 848.1B | 362.4B | 577.6B | 84.5B | 150.2B | 581.8B | -104.7B | -14.0B | 912.5B | 593.4B | 593.4B |
| Net Margin | 19.6% | 24.5% | 25.1% | 12.6% | 17.2% | 2.5% | 4.3% | 16.6% | -5.0% | -0.3% | 10.7% | 7.3% | 7.3% |
| Non-Recurring | 14.3B | 2.8B | 16.4B | 5.6B | 8.2B | 5.1B | 4.7B | 7.4B | 9.9B | 4.9B | 10.1B | 71.9B | 71.9B |
| Returns on Capital | |||||||||||||
| ROIC | 3.2% | 4.1% | 3.7% | 1.6% | 2.6% | 0.4% | 0.8% | 2.9% | -0.5% | -0.1% | 3.6% | 2.3% | 0.1% |
| ROE | 8.1% | 11.2% | 10.6% | 4.5% | 6.7% | 1.0% | 1.7% | 6.6% | -1.2% | -0.2% | 9.7% | 5.9% | 5.9% |
| ROA | 0.3% | 0.4% | 0.4% | 0.2% | 0.3% | 0.0% | 0.1% | 0.3% | -0.0% | -0.0% | 0.4% | 0.2% | 0.2% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 6.0T | 1.2T | 241.7B | 1.2T | -161.1B | 661.0B | 4.0T | 468.8B | 5.5T | 1.0T | -3.5T | 59.0B | 59.0B |
| Free Cash Flow | 5.5T | 786.0B | -146.9B | 778.2B | -453.3B | 503.3B | 3.8T | 257.3B | 5.4T | 821.3B | -3.7T | -279.0B | -279.0B |
| Owner Earnings | 5.8T | 1.0T | 79.0B | 1.0T | -331.3B | 313.7B | 3.8T | 244.4B | 5.3T | 775.6B | -3.7T | -170.6B | -170.6B |
| CapEx | 457.0B | 419.9B | 388.6B | 430.9B | 292.2B | 157.7B | 243.0B | 211.5B | 136.2B | 185.6B | 256.5B | 338.0B | 338.0B |
| Maint. CapEx | 155.5B | 161.2B | 162.7B | 163.8B | 169.3B | 345.6B | 234.5B | 223.2B | 220.4B | 231.3B | 214.2B | 229.6B | 229.6B |
| Growth CapEx | 301.4B | 258.8B | 225.9B | 267.1B | 122.9B | 0 | 8.6B | 0 | 0 | 0 | 42.3B | 108.4B | 108.4B |
| D&A | 155.5B | 161.2B | 162.7B | 163.8B | 169.3B | 345.6B | 234.5B | 223.2B | 220.4B | 231.3B | 214.2B | 229.6B | 229.6B |
| CapEx/OCF | 7.7% | 34.8% | 160.8% | 35.5% | N/A | 23.9% | N/A | 45.1% | 2.5% | 18.4% | N/A | 572.5% | 572.5% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 152.2B | 176.2B | 195.3B | 190.0B | 190.4B | 190.4B | 190.4B | 190.5B | 196.8B | 209.5B | 234.8B | 304.4B | 304.4B |
| Dividend Yield | 1709.3% | 1946.9% | 2583.2% | 2259.9% | 2312.5% | 2686.0% | 31020.0% | 2789.2% | 3363.9% | 8432432.2% | 2333.3% | 2037.9% | 1131.8% |
| Share Buybacks | 37.0B | 12M | 13M | 1.4B | 1.6B | 2.1B | 1.4B | 1.8B | 1.9B | 2.3B | 3.4B | 102.9B | 102.9B |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% | 0.1% | 141.4% | 0.0% | 0.0% | 0.8% | 382.7% |
| Stock-Based Comp | 1.5B | 1.8B | 0 | 354M | 868M | 1.8B | 1.2B | 1.2B | 1.5B | N/A | N/A | N/A | N/A |
| Debt Repayment | 1.1T | 2.2T | 2.3T | 4.7T | 3.3T | 3.2T | 3.3T | 1.5T | 2.7T | 3.0T | 3.0T | 4.3T | 4.3T |
| Balance Sheet | |||||||||||||
| Net Debt | -19.1T | -8.8T | -43.6T | -49.8T | -54.8T | -52.2T | -50.7T | -64.9T | -71.3T | -76.3T | -75.5T | -73.4T | -58.4T |
| Cash & Equiv. | 1.7T | 737.0B | 36.7T | 47.6T | 48.2T | 45.7T | 42.0T | 48.7T | 52.2T | 68.0T | 74.1T | 73.4T | 73.4T |
| Long-Term Debt | 9.9T | 14.6T | 14.8T | 14.5T | 13.0T | 11.5T | 10.3T | 11.7T | 12.6T | 14.9T | 16.3T | 14.9T | 14.9T |
| Debt/Equity | 1.55 | 1.84 | 1.84 | 1.76 | 1.46 | 1.33 | 1.22 | 1.29 | 1.41 | 1.68 | 1.65 | 1.50 | 1.50 |
| Interest Coverage | 0.4 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 |
| Equity | 6.4T | 7.9T | 8.0T | 8.3T | 8.9T | 8.7T | 8.5T | 9.1T | 8.9T | 8.9T | 9.9T | 10.1T | 10.1T |
| Total Assets | 175.7T | 190.1T | 193.8T | 200.5T | 204.3T | 197.6T | 211.2T | 221.7T | 231.6T | 248.8T | 272.2T | 276.7T | 276.7T |
| Total Liabilities | 169.1T | 181.9T | 185.8T | 191.7T | 195.4T | 188.1T | 202.7T | 212.0T | 222.1T | 239.1T | 261.7T | 266.2T | 266.2T |
| Intangibles | 58.9B | 53.6B | 48.7B | 94.1B | 84.4B | 74.2B | 64.7B | 56.1B | 47.9B | 44.7B | 45.0B | 35.5B | 35.5B |
| Retained Earnings | -537.5B | 89.4B | 746.8B | 918.9B | 1.3T | 2.7T | 2.7T | 3.0T | 2.7T | 2.4T | 3.1T | 3.3T | 3.3T |
| Working Capital | 2.3B | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | 3.8B | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | 1.5B | 1.3B | 1.7B | 1.9B | 2.1B | 2.6B | 2.3B | 1.8B | 1.6B | 3.1B | 4.3B | 3.8B | 3.8B |
| Per Share Data | |||||||||||||
| EPS | 196.40 | 316.40 | 335.00 | 142.80 | 227.60 | 33.27 | 591.90 | 229.26 | -41.28 | -16,946.18 | 359.65 | 234.52 | 234.52 |
| Owner EPS | 2,314.21 | 413.46 | 31.22 | 411.73 | -130.54 | 123.57 | 14,996.77 | 96.32 | 2,079.79 | 938,241.83 | -1,448.36 | -67.41 | -67.41 |
| Book Value | 2,547.55 | 3,143.77 | 3,165.89 | 3,254.94 | 3,494.50 | 3,437.53 | 33,546.18 | 3,588.16 | 3,513.86 | 10,784,746.38 | 3,913.53 | 3,977.88 | 3,977.88 |
| Cash Flow/Share | 2,376.95 | 478.06 | 95.48 | 476.39 | -63.47 | 260.39 | 15,925.37 | 184.73 | 2,167.27 | 1,218,026.17 | -1,363.95 | 23.34 | 325.26 |
| Dividends/Share | 60.77 | 69.84 | 77.14 | 75.00 | 75.00 | 75.01 | 750.00 | 75.00 | 80.00 | 253,372.54 | 105.00 | 140.00 | 120.31 |
| Shares Out. | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B | 253.8M | 2.5B | 2.5B | 0.8M | 2.5B | 2.5B | 2.5B |
| Valuation | |||||||||||||
| P/E Ratio | 81.2 | 67.6 | 51.1 | 125.4 | 64.1 | 442.2 | 20.3 | 5.5 | N/A | N/A | 9.7 | 22.2 | 0.0 |
| P/FCF | 0.0 | 0.0 | N/A | 0.0 | N/A | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | 131.2 | 460.8 | 166.6 | 119.6 | 129.9 | 126.9 | -220.1 |
| Price/Book | 6.3 | 6.8 | 5.4 | 5.5 | 4.2 | 4.3 | 0.4 | 0.4 | 0.0 | 0.6 | 0.9 | 1.3 | 0.0 |
| Price/Sales | 67.5 | 73.3 | 52.8 | 54.3 | 49.9 | 43.1 | 3.6 | 3.9 | 0.0 | 5.2 | 6.5 | 8.8 | 0.0 |
| FCF Yield | N/A | N/A | N/A | N/A | N/A | N/A | 13214.1% | 884.5% | 51536418.7% | 2080.9% | -6407.8% | -316.3% | -1037.2% |
| Market Cap | N/A | N/A | N/A | N/A | N/A | N/A | 28.7B | 29.1B | 10M | 39.5B | 58.0B | 88.2B | 26.9B |
| Avg. Price | 3.56 | 3.59 | 2.99 | 3.31 | 3.24 | 2.79 | 2.42 | 2.69 | 2.31 | 3.00 | 3.97 | 5.90 | 10.63 |
| Year-End Price | 3.15 | 3.71 | 3.31 | 3.36 | 2.78 | 2.83 | 2.38 | 2.41 | 2.64 | 3.27 | 4.80 | 7.32 | 10.63 |
MIZUHO FINANCIAL GROUP INC passes 3 of 9 quality checks, indicating weak fundamentals.
MIZUHO FINANCIAL GROUP INC trades at 33.5x trailing earnings, compared to its 15-year median P/E of 21.3x, suggesting it is currently Fair relative to its historical range. The company's 5-year average ROIC is 1.7% with a gross margin of 28.2%. Total shareholder yield (dividends + buybacks) is 1514.5%. At current prices, the estimated annualized return to fair value is +89.1%.
MIZUHO FINANCIAL GROUP INC (MFG) reported annual revenue of $8169.9 billion in its most recent fiscal year, based on SEC EDGAR filings.
MIZUHO FINANCIAL GROUP INC (MFG) has a net profit margin of 7.3%. This is a modest margin.
MIZUHO FINANCIAL GROUP INC (MFG) generated $-279.0 billion in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
MIZUHO FINANCIAL GROUP INC (MFG) has a debt-to-equity ratio of 1.50. This indicates moderate leverage.
MIZUHO FINANCIAL GROUP INC (MFG) reported earnings per share (EPS) of $234.52 in its most recent fiscal year.
MIZUHO FINANCIAL GROUP INC (MFG) has a return on equity (ROE) of 5.9%. This indicates moderate shareholder returns.
MIZUHO FINANCIAL GROUP INC (MFG) has a 5-year average gross margin of 28.2%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 15 years of financial data for MIZUHO FINANCIAL GROUP INC (MFG), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
MIZUHO FINANCIAL GROUP INC (MFG) has a book value per share of $3977.88, based on its most recent annual SEC filing.