WallStSmart

Metalpha Technology Holding Limited (MATH)vsNomura Holdings Inc ADR (NMR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Nomura Holdings Inc ADR generates 5879496% more annual revenue ($2.17T vs $36.87M). MATH leads profitability with a 18.9% profit margin vs 16.7%. MATH trades at a lower P/E of 5.2x. NMR earns a higher WallStSmart Score of 70/100 (B-).

MATH

Buy

51

out of 100

Grade: C-

Growth: 5.7Profit: 6.0Value: 6.7Quality: 5.5
Piotroski: 5/9Altman Z: 0.52

NMR

Strong Buy

70

out of 100

Grade: B-

Growth: 7.3Profit: 6.5Value: 7.0Quality: 3.5
Piotroski: 4/9Altman Z: 0.53

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MATH5 strengths · Avg: 10.0/10
P/E RatioValuation
5.2x10/10

Attractively priced relative to earnings

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Return on EquityProfitability
37.6%10/10

Every $100 of equity generates 38 in profit

EPS GrowthGrowth
7202.0%10/10

Earnings expanding 7202.0% YoY

Debt/EquityHealth
0.0010/10

Conservative balance sheet, low leverage

NMR4 strengths · Avg: 8.5/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

PEG RatioValuation
0.828/10

Growing faster than its price suggests

P/E RatioValuation
12.2x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
27.5%8/10

Revenue surging 27.5% year-over-year

Areas to Watch

MATH4 concerns · Avg: 2.0/10
Market CapQuality
$40.39M3/10

Smaller company, higher risk/reward

Revenue GrowthGrowth
-39.0%2/10

Revenue declined 39.0%

Altman Z-ScoreHealth
0.522/10

Distress zone — elevated risk

Operating MarginProfitability
-24.2%1/10

Operating margin of -24.2%

NMR3 concerns · Avg: 2.3/10
EPS GrowthGrowth
4.1%4/10

4.1% earnings growth

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 : MATH

The strongest argument for MATH centers on P/E Ratio, Price/Book, Return on Equity. Profitability is solid with margins at 18.9% and operating margin at -24.2%.

Bull Case : NMR

The strongest argument for NMR centers on Price/Book, PEG Ratio, P/E Ratio. Profitability is solid with margins at 16.7% and operating margin at 19.5%. Revenue growth of 27.5% demonstrates continued momentum.

Bear Case : MATH

The primary concerns for MATH are Market Cap, Revenue Growth, Altman Z-Score.

Bear Case : NMR

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

Key Dynamics to Monitor

MATH profiles as a declining stock while NMR is a growth play — different risk/reward profiles.

NMR carries more volatility with a beta of 0.59 — expect wider price swings.

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

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

Bottom Line

NMR scores higher overall (70/100 vs 51/100), backed by strong 16.7% margins and 27.5% revenue growth. Both earn "Strong Buy" and "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.

Metalpha Technology Holding Limited

FINANCIAL SERVICES · CAPITAL MARKETS · China

Metalpha Technology Holding Limited is a pioneering fintech company focused on transforming financial services within the cryptocurrency sector. Leveraging cutting-edge technology and data analytics, Metalpha enhances trading efficiency while ensuring rigorous compliance and security for its clientele. With an experienced management team and key strategic alliances, the company is well-positioned to capitalize on the increasing global appetite for innovative cryptocurrency solutions, presenting substantial investment opportunities in the dynamic landscape of digital assets.

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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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