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NMR vs. TOST: Nomura vs. Toast Stock Comparison

How do Nomura (NMR) and Toast (TOST) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Nomura (NMR) and Toast (TOST) both fall under the Financial Services industry group, but NMR is classified in Capital Markets while TOST is classified in Financial Services.

Nomura (NMR) has more than two decades of public-market history since December 17, 2001, whereas Toast (TOST) listed on September 22, 2021 and has a much shorter record to draw on.

Toast (TOST) trades as ordinary local shares, while Nomura (NMR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Nomura (NMR) and Toast (TOST)
Profile ItemNMRTOST
NameNomura Holdings, Inc. Sponsored ADRToast, Inc. Class A Common Stock
Country/RegionJapanUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryCapital MarketsFinancial Services
GICS Sub-IndustryInvestment Banking & BrokerageTransaction & Payment Processing Services
Market Capitalization27.53 billion USD20.14 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateDecember 17, 2001September 22, 2021
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

NMR
TOST
GSPC
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Nomura (NMR) vs. Toast (TOST), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Nomura (NMR) and Toast (TOST). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Nomura (NMR) and Toast (TOST). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Nomura (NMR) and Toast (TOST)
MetricNMRTOST
Total Return (1Y)35.42%-5.92%
Total Return (3Y, Annualized)37.86%35.73%
Total Return (5Y, Annualized)18.78%-10.54%

Risk Profile

Drawdown History

NMR
TOST
GSPC
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Nomura (NMR) vs. Toast (TOST), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Nomura (NMR) and Toast (TOST). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Nomura (NMR) and Toast (TOST)
MetricNMRTOST
Volatility (1Y, Annualized)29.52%45.32%
Beta (5Y)0.791.66
Max Drawdown (5Y)-38.40%-79.13%
Avg. Volume (3M)789.26K8.73M

Risk-Adjusted Performance

Risk-Return Positioning

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NMR and TOST are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Nomura (NMR) and Toast (TOST)
MetricNMRTOST
Sharpe Ratio (1Y)1.06-0.23
Sortino Ratio (1Y)1.55-0.31

Profitability

ROE (TTM)

Toast (TOST) at 25.58% sits in the top ROE quartile, while Nomura (NMR) at 11.51% is closer to the peer norm — stronger capital efficiency for TOST.

NMR

Financial Services industry group

11.51%

Max
44.78%
Q3
21.85%
Median
12.91%
NMR
11.51%
Q1
4.48%
Min
-18.71%

TOST

Financial Services industry group

25.58%

Max
44.78%
TOST
25.58%
Q3
21.85%
Median
12.91%
Q1
4.48%
Min
-18.71%
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Nomura (NMR) vs. Toast (TOST): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Both Nomura (NMR) at 17.12% and Toast (TOST) at 7.69% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

NMR

Financial Services industry group

17.12%

Max
62.84%
Q3
28.05%
NMR
17.12%
Median
15.36%
Q1
4.82%
Min
-28.52%

TOST

Financial Services industry group

7.69%

Max
62.84%
Q3
28.05%
Median
15.36%
TOST
7.69%
Q1
4.82%
Min
-28.52%
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Nomura (NMR) vs. Toast (TOST): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Nomura (NMR) at 24.36% runs core operations around its industry’s norm, while Toast (TOST) at 8.63% operates in the bottom quartile.

NMR

Financial Services industry group

24.36%

Max
107.33%
Q3
55.90%
Median
30.09%
NMR
24.36%
Q1
14.60%
Min
-44.34%

TOST

Financial Services industry group

8.63%

Max
107.33%
Q3
55.90%
Median
30.09%
Q1
14.60%
TOST
8.63%
Min
-44.34%
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Nomura (NMR) vs. Toast (TOST): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Nomura (NMR) and Toast (TOST)
MetricNMRTOST
ROE (TTM)11.51%25.58%
ROA (TTM)0.68%10.30%
Net Margin (TTM)17.12%7.69%
Operating Margin (TTM)24.36%8.63%
Gross Margin (TTM)----

Growth

Revenue Growth

Both Nomura (NMR) at 10.80% and Toast (TOST) at 24.05% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Nomura (NMR) vs. Toast (TOST): A comparison of their Revenue Growth across different time periods.

EPS Growth

Toast (TOST) at 1,766.67% clears its industry range for EPS growth, a much stronger earnings trajectory than Nomura (NMR) at 7.17%, which is closer to a typical peer reading.

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Nomura (NMR) vs. Toast (TOST): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Nomura (NMR) and Toast (TOST)
MetricNMRTOST
Revenue Growth (YoY)10.80%24.05%
Revenue Growth (3Y CAGR)17.17%31.10%
EPS Growth (YoY)7.17%1,766.67%
EPS Growth (3Y CAGR)58.75%--

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Nomura (NMR) in Financial Services and Toast (TOST) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Nomura (NMR) in Financial Services and Toast (TOST) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Nomura (NMR) and Toast (TOST)
MetricNMRTOST
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Toast (TOST) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Nomura (NMR) reports a yield of 620.40%, ranking against industry peers normally.

NMR

Financial Services industry group

620.40%

NMR
620.40%
Max
9.77%
Q3
3.92%
Median
1.09%
Q1
0.00%
Min
0.00%

TOST

Financial Services industry group

0.00%

Max
9.77%
Q3
3.92%
Median
1.09%
TOST
0.00%
Q1
0.00%
Min
0.00%
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Nomura (NMR) vs. Toast (TOST): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Toast (TOST) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Nomura (NMR) reports a payout of 16.85%, ranking against industry peers normally.

NMR

Financial Services industry group

16.85%

Max
241.07%
Q3
97.36%
Median
25.77%
NMR
16.85%
Q1
0.00%
Min
0.00%

TOST

Financial Services industry group

0.00%

Max
241.07%
Q3
97.36%
Median
25.77%
TOST
0.00%
Q1
0.00%
Min
0.00%
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Nomura (NMR) vs. Toast (TOST): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Nomura (NMR) and Toast (TOST)
MetricNMRTOST
Dividend Yield (TTM)620.40%0.00%
Dividend Payout Ratio (TTM)16.85%0.00%

Valuation

P/E Ratio (TTM)

Nomura (NMR) at 10.83 is near its industry’s usual P/E ratio, while Toast (TOST) at 38.10 sits in the richer quartile — TOST needs stronger growth or earnings quality to justify the premium.

NMR

Financial Services industry group

10.83

Max
45.85
Q3
24.64
Median
15.37
NMR
10.83
Q1
9.68
Min
0.16

TOST

Financial Services industry group

38.10

Max
45.85
TOST
38.10
Q3
24.64
Median
15.37
Q1
9.68
Min
0.16
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Nomura (NMR) vs. Toast (TOST): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

Nomura (NMR) at 0.01 sits in the cheaper P/S ratio quartile while Toast (TOST) at 2.82 prices around its industry’s middle — NMR costs less per dollar of sales, though read it alongside growth and margins.

NMR

Financial Services industry group

0.01

Max
9.23
Q3
4.57
Median
2.72
Q1
1.28
NMR
0.01
Min
-0.55

TOST

Financial Services industry group

2.82

Max
9.23
Q3
4.57
TOST
2.82
Median
2.72
Q1
1.28
Min
-0.55
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Nomura (NMR) vs. Toast (TOST): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

Nomura (NMR) at 1.15 sits near its industry’s typical P/B ratio, while Toast (TOST) at 8.79 prices above its benchmark range — TOST looks rich relative to book.

NMR

Financial Services industry group

1.15

Max
7.79
Q3
3.63
Median
1.57
NMR
1.15
Q1
0.81
Min
-0.39

TOST

Financial Services industry group

8.79

TOST
8.79
Max
7.79
Q3
3.63
Median
1.57
Q1
0.81
Min
-0.39
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Nomura (NMR) vs. Toast (TOST): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Nomura (NMR) and Toast (TOST)
MetricNMRTOST
P/E Ratio (TTM)10.8338.10
P/S Ratio (TTM)0.012.82
P/B Ratio (MRQ)1.158.79
Free Cash Flow Yield (TTM)----