MFG

Mizuho Financial Group, Inc.

There isn't enough reported data to score MFG yet.

MS

Morgan Stanley

62
Fundamentals71/ 100
Valuation48/ 100
Upside potential73/ 100
Risk potential11/ 100

MS's fundamentals are strong: revenue grew 16% and earnings per share grew 29%. At 15x earnings, it's trading in line with its usual 14x. Analysts expect earnings growth.

MFG Fundamentals

MetricStatus
Unavailable
Strong
N/A
N/A

MFG's profitability is currently strong. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like MFG.

MS Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

MS's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MS.

MFG PE Valuation

MFG has no meaningful PE right now: it lost money over the past year.

MS PE Valuation

CHEAPFAIREXPENSIVE5.5x11x17x22x
CHEAPFAIREXPENSIVE5.5x11x17x22x
LevelPEPriceVs current
Cheap11x$134-29%
Fair14x$178-5.7%
Forward14x$189—
Current15x$189—
Expensive18x$223+18%

Historical ranges are pointers, not guarantees.

MS's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.

MFG Forward outlook

MetricOutlook
--
Strong growth
Strong growth
Strongly improving
Limited
High

Analysts expect strong earnings and revenue growth for MFG, with profitability improving.

MS Forward outlook

MetricOutlook
Improving
Growth
Growth
Improving
Limited
Moderate

Analysts expect earnings and revenue growth for MS, with profitability improving.

MFG Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $10.12 on Nov 12.

There is not enough scenario data to compare MFG and MS's risk to reward.

MS Risk to reward

ScenarioChangePrice
Upside+29%$243.85
Downside-11%$168.44

Calculated from the latest close: $189.17 on Nov 12.

There is not enough scenario data to compare MFG and MS's risk to reward.

MFG Earnings Per Share

Q1 2021: $1.44Q3 2021: $1.43Q1 2022: $-0.26Q3 2022: $-1.97Q1 2023: $-0.03Q3 2023: $1.66Q1 2024: $2.25Q3 2024: $2.89Q1 2025: $1.47Q3 2025: $2.12Q1 2026: $2.92
Q1 2021: $1.44Q3 2021: $1.43Q1 2022: $-0.26Q3 2022: $-1.97Q1 2023: $-0.03Q3 2023: $1.66Q1 2024: $2.25Q3 2024: $2.89Q1 2025: $1.47Q3 2025: $2.12Q1 2026: $2.92
QuarterTTM EPSYoY
Q1 2026$2.92+99%
Q3 2025$2.12-27%
Q1 2025$1.47-35%
Q3 2024$2.89+74%
Q1 2024$2.25+$2.28
Q3 2023$1.66+$3.63
Q1 2023-$0.03+$0.23
Q3 2022-$1.97-238%

MFG has the edge over MS in the latest year-over-year earnings comparison.

MS Earnings Per Share

Q4 2023: $5.18Q1 2024: $5.50Q2 2024: $6.08Q3 2024: $6.58Q4 2024: $7.95Q1 2025: $8.53Q2 2025: $8.84Q3 2025: $9.76Q4 2025: $10.21Q1 2026: $11.04Q2 2026: $12.37Q3 2026: $12.60Forward: $13.39
Q4 2023: $5.18Q1 2024: $5.50Q2 2024: $6.08Q3 2024: $6.58Q4 2024: $7.95Q1 2025: $8.53Q2 2025: $8.84Q3 2025: $9.76Q4 2025: $10.21Q1 2026: $11.04Q2 2026: $12.37Q3 2026: $12.60Forward: $13.39
QuarterTTM EPSYoY
Forward$13.39+6.3%
Q3 2026$12.60+29%
Q2 2026$12.37+40%
Q1 2026$11.04+29%
Q4 2025$10.21+28%
Q3 2025$9.76+48%
Q2 2025$8.84+45%
Q1 2025$8.53+55%
Q4 2024$7.95+53%

MS's earnings per share have climbed steadily: $12.60 over the past year, up 29% from the year before, and higher year over year for 10 quarters in a row.

MFG Quarterly Revenue

Q3 2020: $9.5BQ1 2021: $9.5BQ3 2021: $8.1BQ1 2022: $2.8BQ3 2022: $2.5BQ1 2023: $10.6BQ3 2023: $10.2BQ1 2024: $14.5BQ3 2024: $12.1BQ1 2025: $8.4BQ3 2025: $15.1BQ1 2026: $13.2B
Q3 2020: $9.5BQ1 2021: $9.5BQ3 2021: $8.1BQ1 2022: $2.8BQ3 2022: $2.5BQ1 2023: $10.6BQ3 2023: $10.2BQ1 2024: $14.5BQ3 2024: $12.1BQ1 2025: $8.4BQ3 2025: $15.1BQ1 2026: $13.2B
QuarterRevenueYoY
Q1 2026$13.2B+57%
Q3 2025$15.1B+25%
Q1 2025$8.4B-42%
Q3 2024$12.1B+18%
Q1 2024$14.5B+37%
Q3 2023$10.2B+306%
Q1 2023$10.6B+274%
Q3 2022$2.5B-69%

MFG's revenue is growing: $13.2B last quarter, down 9.5% from the same quarter a year ago.

MS Quarterly Revenue

Q4 2023: $12.9BQ1 2024: $15.1BQ2 2024: $15BQ3 2024: $15.4BQ4 2024: $16.2BQ1 2025: $17.7BQ2 2025: $16.8BQ3 2025: $18.2BQ4 2025: $17.9BQ1 2026: $20.6BQ2 2026: $21.3BQ3 2026: $20.3B
Q4 2023: $12.9BQ1 2024: $15.1BQ2 2024: $15BQ3 2024: $15.4BQ4 2024: $16.2BQ1 2025: $17.7BQ2 2025: $16.8BQ3 2025: $18.2BQ4 2025: $17.9BQ1 2026: $20.6BQ2 2026: $21.3BQ3 2026: $20.3B
QuarterRevenueYoY
Q3 2026$20.3B+12%
Q2 2026$21.3B+27%
Q1 2026$20.6B+16%
Q4 2025$17.9B+10%
Q3 2025$18.2B+18%
Q2 2025$16.8B+12%
Q1 2025$17.7B+17%
Q4 2024$16.2B+26%

MS has the edge over MFG in the latest year-over-year revenue comparison.

MFG Free Cash Flow

Q3 2020: −$23.4BQ1 2021: $25BQ3 2021: −$8BQ1 2022: $41.6BQ3 2022: −$325MQ1 2023: $5.5BQ3 2023: −$13.4BQ1 2024: −$9.9BQ3 2024: −$10.7BQ1 2025: $8.9BQ3 2025: −$6.2BQ1 2026: −$6.9B
Q3 2020: −$23.4BQ1 2021: $25BQ3 2021: −$8BQ1 2022: $41.6BQ3 2022: −$325MQ1 2023: $5.5BQ3 2023: −$13.4BQ1 2024: −$9.9BQ3 2024: −$10.7BQ1 2025: $8.9BQ3 2025: −$6.2BQ1 2026: −$6.9B
QuarterFree cash flowYoY
Q1 2026-$6.9B-178%
Q3 2025-$6.2B+$4.5B
Q1 2025$8.9B+$18.8B
Q3 2024-$10.7B+$2.7B
Q1 2024-$9.9B-281%
Q3 2023-$13.4B-$13.1B
Q1 2023$5.5B-87%
Q3 2022-$324.8M+$7.7B

MFG's free cash flow was −$14.8B over the past year, against −$18.1B the year before. Free cash flow isn't a meaningful measure for financial services companies like MFG.

MS Free Cash Flow

Q4 2023: −$17.8BQ1 2024: $4.4BQ2 2024: $2.5BQ3 2024: −$17.3BQ4 2024: $11.8BQ1 2025: −$24BQ2 2025: $11.8BQ3 2025: −$3.3BQ4 2025: −$2.4BQ1 2026: −$7.1BQ2 2026: −$2.7BQ3 2026: −$46B
Q4 2023: −$17.8BQ1 2024: $4.4BQ2 2024: $2.5BQ3 2024: −$17.3BQ4 2024: $11.8BQ1 2025: −$24BQ2 2025: $11.8BQ3 2025: −$3.3BQ4 2025: −$2.4BQ1 2026: −$7.1BQ2 2026: −$2.7BQ3 2026: −$46B
QuarterFree cash flowYoY
Q3 2026-$46B-$42.7B
Q2 2026-$2.7B-123%
Q1 2026-$7.1B+$16.9B
Q4 2025-$2.4B-120%
Q3 2025-$3.3B+$14B
Q2 2025$11.8B+368%
Q1 2025-$24B-650%
Q4 2024$11.8B+$29.6B

MS's free cash flow was −$58.3B over the past year, against −$3.7B the year before. Free cash flow isn't a meaningful measure for financial services companies like MS.

MFG Total Shares

Q3 2020: 2.5BQ1 2021: 2.5BQ3 2021: 2.5BQ1 2022: 2.5BQ3 2022: 2.5BQ1 2023: 2.5BQ3 2023: 2.5BQ1 2024: 2.5BQ3 2024: 2.5BQ1 2025: 2.5BQ3 2025: 2.5BQ1 2026: 2.5B
Q3 2020: 2.5BQ1 2021: 2.5BQ3 2021: 2.5BQ1 2022: 2.5BQ3 2022: 2.5BQ1 2023: 2.5BQ3 2023: 2.5BQ1 2024: 2.5BQ3 2024: 2.5BQ1 2025: 2.5BQ3 2025: 2.5BQ1 2026: 2.5B
PeriodChange %Net change
Quarterly-0.6%-15.1M shares
1 year-2.1%-52.5M shares

MFG has the edge over MS on shareholder dilution, with a more favorable share count trend.

MS Total Shares

Q4 2023: 1.6BQ1 2024: 1.6BQ2 2024: 1.6BQ3 2024: 1.6BQ4 2024: 1.6BQ1 2025: 1.6BQ2 2025: 1.6BQ3 2025: 1.6BQ4 2025: 1.6BQ1 2026: 1.6BQ2 2026: 1.6BQ3 2026: 1.6B
Q4 2023: 1.6BQ1 2024: 1.6BQ2 2024: 1.6BQ3 2024: 1.6BQ4 2024: 1.6BQ1 2025: 1.6BQ2 2025: 1.6BQ3 2025: 1.6BQ4 2025: 1.6BQ1 2026: 1.6BQ2 2026: 1.6BQ3 2026: 1.6B
PeriodChange %Net change
Quarterly-0.2%-3M shares
1 year-1.5%-24M shares
3 years-4.7%-77M shares
5 years-14%-246M shares
Available history-4.5%-74M shares

MS has 1.6B diluted shares, down 1.5% from a year ago.

MFG Net Leverage

Q3 2020: -51.1xQ1 2021: -29.4xQ3 2021: -32.7xQ1 2023: 41.1xQ3 2023: 9.7xQ1 2024: 7.7xQ3 2024: 6.9xQ1 2025: 12.7xQ3 2025: 11.2xQ1 2026: 9.2x
Q3 2020: -51.1xQ1 2021: -29.4xQ3 2021: -32.7xQ1 2023: 41.1xQ3 2023: 9.7xQ1 2024: 7.7xQ3 2024: 6.9xQ1 2025: 12.7xQ3 2025: 11.2xQ1 2026: 9.2x
QuarterNet LeverageStatus
Q1 20269.2xHigh
Q3 202511.2xHigh
Q1 202512.7xHigh
Q3 20246.9xHigh
Q1 20247.7xHigh
Q3 20239.7xHigh
Q1 202341.1xHigh
Q3 2021-32.7xNet Cash

MFG's net debt is about 9.2 years of its operating earnings (EBITDA), up from 7.7 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MFG.

MS Net Leverage

Q4 2023: 10.7xQ1 2024: 9.8xQ2 2024: 9.8xQ3 2024: 10.2xQ4 2024: 7.9xQ1 2025: 8.7xQ2 2025: 8.7xQ3 2025: 8.4xQ4 2025: 8.6xQ1 2026: 8.2xQ2 2026: 7.3xQ3 2026: 7.8x
Q4 2023: 10.7xQ1 2024: 9.8xQ2 2024: 9.8xQ3 2024: 10.2xQ4 2024: 7.9xQ1 2025: 8.7xQ2 2025: 8.7xQ3 2025: 8.4xQ4 2025: 8.6xQ1 2026: 8.2xQ2 2026: 7.3xQ3 2026: 7.8x
QuarterNet LeverageStatus
Q3 20267.8xHigh
Q2 20267.3xHigh
Q1 20268.2xHigh
Q4 20258.6xHigh
Q3 20258.4xHigh
Q2 20258.7xHigh
Q1 20258.7xHigh
Q4 20247.9xHigh

MS's net debt is about 7.8 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MS.

MFG Weekly Momentum

MetricValueStatus
RSI51.6Neutral
Stochastic22.7Neutral

MFG's weekly RSI is 52 (neutral) and its Stochastic is 23 (neutral).

MS Weekly Momentum

MetricValueStatus
RSI45.0Neutral
Stochastic18.7Oversold

MS's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).

MFG PE vs Financial Services Sector

MetricMFGSector medianRelative
PEN/A13x—

MFG has no meaningful PE right now: it lost money over the past year.

MS PE vs Financial Services Sector

MetricMSSector medianRelative
PE15x13x15% above
PE %59634 pts below

MS is trading at 15x earnings, a 15% premium to the Financial Services sector's median of 13x.

MFG Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$10.20.7% below
20 week MA$10.53.2% below
50 week MA$9.308.8% above
100 week MA$7.5434% above
200 week MA$5.6081% above

MFG has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 81% above its 200-week average.

MS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$186.51.5% above
20 week MA$203.36.9% below
50 week MA$191.91.4% below
100 week MA$164.915% above
200 week MA$129.346% above

MS's trend is mixed: it's above three of its five weekly moving averages, and 46% above its 200-week average.

MFG Yearly ROI

YearStart priceEnd priceROI
2020$3.09$2.51-19%
2021$2.51$2.59+3.2%
2022$2.59$2.80+8.1%
2023$2.80$3.44+23%
2024$3.44$4.89+42%
2025$4.89$7.32+50%
2026 YTD$7.32$10.1+38%

MFG has the edge over MS on returns for 2026, with the stronger performance.

MS Yearly ROI

YearStart priceEnd priceROI
2020$51.1$68.1+33%
2021$68.1$99.3+46%
2022$99.3$86.1-13%
2023$86.1$93.3+8.3%
2024$93.3$126.8+36%
2025$126.8$181.9+43%
2026 YTD$181.9$189.2+4%

MS has finished higher in five of the last six years. It's up 4% so far in 2026.

Give your agent the market.

Get API key