ARM Stock: Is It Too Late to Buy Now? [Yahoo! Finance]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
US:NYSE Investor Relations:
mizuho-fg.com/investors/index.html
Company Research
Source: Yahoo! Finance
That's more than three times its IPO price of $51, and the stock is currently trading 103x non-GAAP forward earnings. Personally, I can't get behind Arm because of this valuation despite its impressive growth trajectory and ambitions to be a lynchpin of the future of artificial intelligence (AI). It may be too late to buy the stock at its current levels. Arm Holdings Defies Logic Arm Holdings wasn't evidently cheap when the IPO was made in September. After all, the stock traded pretty flat until February. However, there have been several positive catalysts since. One by one, they appear to have driven Arm's valuation above what would be considered logical or justifiable at first glance. For context, Arm Holdings stock is currently trading at 554x GAAP TTM earnings, 185x GAAP forward earnings, and 103x non-GAAP forward earnings. This makes it stratospherically expensive compared to the wider sector. The non-GAAP forward earnings ratio represents a 343% premium to the Information
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News
- General Mills to use “promotional intensity” to target volume growth after Q4 sales sink [Yahoo! Finance]Yahoo! Finance
- Announcement Regarding Filing of Annual Report on Form 20-F with the U.S. Securities and Exchange CommissionGlobeNewswire
- Oil prices move higher despite unexpected build in U.S. crude, gasoline stockpiles [MSNBC.com]MSNBC.com
- Mizuho Follows Goldman, Gets Nod to Set Up Mideast HQ in Saudi [Yahoo! Finance]Yahoo! Finance
- Economists Raise China Growth Forecasts as Exports Improve [Yahoo! Finance]Yahoo! Finance
MFG
Sec Filings
- 6/28/24 - Form 424B2
- 6/28/24 - Form FWP
- 6/27/24 - Form 424B5
- MFG's page on the SEC website