Also trades as 6686.HK.

NOAH

Strong BuyUnloved QualityAI neutral

Noah Holdings Limited · Financial Services · Singapore · $549M cap · $770K/day traded

$7.01 +1.3% · close 22 Oct · scored 23 Oct

Unloved Quality: Strong and cheap; the market has not turned yet.

85
StockRank
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Report expected 24 Nov: the next-year EPS estimate has fallen 5.5% over the last 12 weeks.

Quality
71
Value
79
Momentum
33

As of 23 Oct 2026, MoatMap's StockRank for Noah Holdings Limited (NOAH) is 85/100, ranked against 24,000+ stocks in 35 markets (Quality 71, Value 79, Momentum 33, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
6.0x
peers 12.4x
ROE
6.2%
peers 7.1%
D/E
0.0x
peers 0.1x
Dividend %
19.1%
trailing yield
AI CONVICTION THESIS

Noah Holdings is a Chinese wealth manager for high-net-worth clients that is shifting towards overseas allocation and reported a 34.8% operating margin in the second quarter. It trades cheaply with a net cash balance sheet, but forward earnings estimates fell about 7% in the past month and the Chinese wealth market remains weak.

ABOUT NOAH HOLDINGS LIMITED

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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.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue465.5M494.7M390.6M392.0M-5.6%390.6M381.8M378.3M-1.8%
EPS9.7810.654.915.83-15.8%1.216.486.545.9%
Shares68.6M68.6M68.6M68.6M0.0%68.6M———
Debt25.2M20.8M18.1M14.9M-15.9%7.6M———
Equity1.4B1.5B1.5B1.5B1.5%————
Op CF95.0M198.0M58.2M146.6M15.6%145.6M———
Inv CF11.2M-37.1M-126.3M45.0M—————
Fin CF35.1M-30.0M-170.3M-95.4M—————
Loading 1Y...
PRICE (1Y) · USD-13.9%
6.97.27.67.98.211 Sep2 Oct22 Oct
SMA 50SMA 200

Price checkStill fallingExperimental

Made a new 52-week low in the latest session, 35% below its 52-week high. The fall has not stopped yet.

SwingsCalm

Calmer than 76% of stocks we rank over the past year (28% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$7.01
RSI (14)
15.2
52-Week Range-34.9% from high
Low $6.86High $10.77

SCORE BREAKDOWN

Quality
71
ROIC
8.0%81.1
ROE
6.2%29.5
GP/Assets
12.6%77.4
Op. Margin
34.8%51.2
FCF/Assets
7.2%82.2
Piotroski
891.9
Int. Cover
—N/A
D/E Ratio
0.01x85.0
Current Ratio
3.60x72.3
Value
79
P/E (TTM)
6.0x85.8
EV/EBITDA
-27.9x98.2
P/FCF
4.4x78.4
P/B
2.4x20.3
P/S
1.3x84.6
Div Yield
19.1%98.2
Momentum
33
52W High %
65%17.1
RS 6M
-29%7.9
SMA 50/200
0.90x10.7
EPS Rev 4W
+0.5%78.1
EPS Rev 12W
—N/A
EPS Improve
+20%49.6
Q Growth
30%62.2

FUNDAMENTALS

Market Cap
$549M
P/E (Forward)
5.0x
Gross Margin
56.3%

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of NOAH are excluded.

TickerCompanyMkt CapStockRankSignal
NOAHNoah Holdings Limited(you)$549M85Strong Buy
AAIF.LAberdeen Asian Income Fund Limited$620M96Strong Buy
EMFTempleton Emerging Markets Fund$337M65Buy
B73.SIGlobal Investments Limited$169M67Buy
FAXAbrdn Asia-Pacific Income Fund Inc$566M37Hold
YF8.SIYangzijiang Financial Holding Ltd.$537M34Sell
IFNAberdeen India Fund, Inc.$475M18Strong Sell
8YZ.SIYangzijiang Maritime Development Ltd.$1.7B33Sell
TDFTempleton Dragon Fund, Inc.$251M23Sell
P15.SIPacific Century Regional Developments Limited$982M12Strong Sell

Peer medians: ROE 7.1% · P/E 12.4x · Gross margin 89.0%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Noah Holdings Limited (NOAH): Stock Score Summary

Noah Holdings Limited (NOAH) has a MoatMap StockRank of 85/100 based on Quality (71/100), Value (79/100), and Momentum (33/100) factor scores. The current signal is STRONG BUY. Noah Holdings is a Chinese wealth manager for high-net-worth clients that is shifting towards overseas allocation and reported a 34.8% operating margin in the second quarter. It trades cheaply with a net cash balance sheet, but forward earnings estimates fell about 7% in the past month and the Chinese wealth market remains weak.

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.

Key Financial Metrics

Price$7.01
Market Cap$549M
P/E (TTM)5.97
P/E (Forward)4.96
Price/Book2.37
Return on Equity6.2%
Return on Invested Capital8.0%
Debt/Equity0.01x
Gross Margin56.3%
Operating Margin34.8%
Revenue Growth-1.5%
Dividend Yield19.1%
Free Cash Flow$126M

Noah Holdings Limited operates in the Asset Management industry, part of the Financial Services sector (Singapore).

Frequently Asked Questions

What is Noah Holdings Limited’s (NOAH) StockRank?
MoatMap’s StockRank for Noah Holdings Limited (NOAH) is 85/100, with a Strong Buy signal. It is a composite of Quality (71), Value (79), and Momentum (33), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Noah Holdings Limited have an economic moat?
Noah Holdings Limited (NOAH) has a Quality factor score of 71/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Noah Holdings Limited a buy, hold, or sell?
MoatMap’s current signal for Noah Holdings Limited (NOAH) is Strong Buy, based on a StockRank of 85/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Noah Holdings Limited in?
Noah Holdings Limited (NOAH) operates in the Financial Services sector, specifically the Asset Management industry (Singapore).