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Friday, October 28, 2011

Undervalued Stock Detected (NYSE: NMR)

Shares of NMR remained unchanged at $4.11. Nomura Holdings Inc. is trading at a price to book ratio of 0.54. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.07 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.94. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 510505 shares of NMR exchange hands on a given day and today's volume is recorded at 206531. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Nomura Holdings, Inc. is engaged in the investment and financial services business with a focus on securities business.