Noah Holdings Ltd logo

Noah Holdings Ltd(NOAH)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$8
09/24/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
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Upturn Stock price based on last close iconStock price based on last close

Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for NOAH

09/24/2026: NOAH (1-star) is currently NOT-A-BUY. Pass it for now.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 3.04%
Avg. Invested days 35
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/24/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
NOAH receives a 4-star rating, supported by strong unit economics, and solid company fundamentals. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
NOAH has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and moderate ownership. In FY2025 versus FY2024, solid earnings growth (+17.5%) and strong cash generation (FCF margin 32.3%) are partially offset by moderate revenue growth (+0.4%), very low insider ownership of 0.59%.

Financial Health Rating

★★★★★
NOAH's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 42.0%). Overall financial-health metrics support a 4-star score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is NOAH's strongest growth driver at +176.1% FY2025 versus FY2024 (strong, 5 stars). By comparison, earnings growth (+17.5%, solid) is also solid, while revenue growth (+0.4%, moderate) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 38.3% and approximately 43.7% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.59%, which materially reduces the ownership score.

Top 5 Institutional Investors

Yiheng Capital LLC 9.79%
Fidelity International Ltd 9.75%
Franklin Templeton Inc 2.87%
Tiger Pacific Capital LP 2.74%
BlackRock Inc 1.81%

Unit Economics (Per $1K Revenue)

★★★★★
NOAH generates approximately $534 of gross profit, $298 of operating income, and $323 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 34.83%

Quantitative Style Profile

★★★★★
NOAH has a Value-Oriented profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedSmall / Mid Cap Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 549.17M USD
Price to earnings Ratio 6.3
1Y Target Price 10.61
Price to earnings Ratio 6.3
1Y Target Price 10.61
Volume (30-day avg) 102.9K shares
Beta 0.81
52 Weeks Range 7.94 - 10.77
Updated Date 09/24/2026
52 Weeks Range 7.94 - 10.77
Updated Date 09/24/2026
Dividends yield (FY) 7.97%
Basic EPS (TTM) 1.27

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 6.3
Forward PE 7.67
Enterprise Value -174.07M
Price to Sales(TTM) 0.21
Enterprise Value -174.07M
Price to Sales(TTM) 0.21
Enterprise Value to Revenue 0.05
Enterprise Value to EBITDA 0.17
Shares Outstanding 68.65M
Shares Floating 29.98M
Shares Outstanding 68.65M
Shares Floating 29.98M
Percent Insiders 0.59
Percent Institutions 38.25

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Noah Holdings Ltd

Exchange NYSE
Headquarters -
IPO Launch date 2010-11-10
Co-Founder, CEO & Director Mr. Zhe Yin
Sector Financial Services
Industry Asset Management
Full time employees 1582
Full time employees 1582

Noah Holdings Limited, together with its subsidiaries, operates as a wealth and asset management service provider with the focus on investment and asset allocation services for high net worth individuals and corporate entities in Mainland of China, Hong Kong, and internationally. It operates through Domestic Public Securities, Domestic Asset Management, Domestic Insurance, Overseas Wealth Management, Overseas Asset Management, and Overseas Insurance and Comprehensive Services segments. The company offers mutual fund products, which are publicly-raised, public securities investment funds, including money market funds; private secondary products; private equity products; investor education; trust services; and insurance products by referring clients, as well as individual whole life insurance, participating insurance, and individual health insurance products. It also provides domestic and overseas private equity, FOFs, public securities, real estate, and multi-strategy and other investments, as well as manages feeder funds. Noah Holdings Limited was founded in 2005 and is headquartered in Singapore.