| Stock (Symbol) | Stock Price | |
Hoah Holdings (NOAH) |
$16 |
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| Data is as of | Expected to Report | Sector |
March 23, 2014 |
N/A |
Financial |
| Sharek’s Take | ||
 Noah Holdings (NOAH) is growing its Chinese brokerage business rapidly, but the stock is being hampered due to little coverage. Last quarter revenue jumped 81%, registered clients rose 33% and active clients increased by 79%. Still, NOAH’s P/E is just 13 as the stock just sits here. Noah Holdings is on the dark side of the moon. The stock has 50% upside to its fair value, but we have to be patient investors. |
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| One-Year Chart | ||
 This stock went higher when last year the Chinese Internet stocks did. Then it missed by a penny 2QtrsAgo and all the momentum left. Look at NOAH’s Est. Long Term Growth Rate: 25%. For only 13 times earnings. Looks like a good deal to me. |
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| Earnings Table | ||
 Noah’s sales increased 81% and profits jumped 86% last quarter.The company beat estimates by a respectable three cents a share last quarter. Profit growth is expected to slow to 20% this year, but a financial corporation that grows at 20% is good. I think this stock is a deal at 13 times earnings. Nice to see quarterly estimates here. Last qtr I was thinking we might not have any quarterly estimates because there was little analyst coverage. These quarterly numbers look solid. |
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| Fair Value | ||
 NOAH took it to another level last year when profits more than doubled. The stock got to the mid-$20s, but then it stalled. Now there’s solid upside to its fair value. |
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| Ten-Year Chart | ||
 Only one year of slow profit growth since NOAH came public in 2010. The stock is having trouble picking up institutional coverage. |
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| Power Ranking | Bottom Line | |
Growth Portfolio
15 of 27 |
Noah Holdings is growing rapidly but since it doesn’t get much attention the stock is selling for around half of what it should. This is a good value, but since it is a small Chinese stock there is a bit of risk. NOAH ranks 15th of 27 stocks in the Growth Portfolio Power Rankings. It’s not in the Aggressive Growth Portfolio because it’s not timely. |
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Aggressive Growth Portfolio
N/A |
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