NOAH
Noah Holdings Limited
Asset Management
Market Cap$154M
5Y Perf.-58.8%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
NOAH vs BEN
Revenue, margins, valuation, and 5-year total return — side by side.
BEN
Franklin Resources, Inc.
Asset Management
Market Cap$16.19B
5Y Perf.+65.1%
NOAH vs BEN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | NOAH | BEN |
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $154M | $16.19B |
| Revenue (TTM) | $2.60B | $8.77B |
| Net Income (TTM) | $656M | $812M |
| Gross Margin | 48.1% | 80.3% |
| Operating Margin | 24.4% | 6.9% |
| Forward P/E | 1.1x | 11.4x |
| Total Debt | $136M | $13.30B |
| Cash & Equiv. | $3.82B | $3.57B |
NOAH vs BEN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
NOAH
BEN
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Noah Holdings Limit… (NOAH) | 100 | 41.2 | -58.8% |
| Franklin Resources,… (BEN) | 100 | 165.1 | +65.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NOAH vs BEN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: NOAH leads in 5 of 7 categories, making it the strongest pick for valuation and capital efficiency and profitability and margin quality. Franklin Resources, Inc. is the stronger pick specifically for growth and revenue expansion and recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
NOAH
Noah Holdings Limited
The Banking Pick
NOAH carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 2 yrs, beta 0.98, yield 95.9%
- Lower volatility, beta 0.98, Low D/E 1.4%, current ratio 4.53x
- Beta 0.98, yield 95.9%, current ratio 4.53x
Best for: income & stability and sleep-well-at-night
BEN
Franklin Resources, Inc.
The Banking Pick
BEN is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 3.5%, EPS growth 7.1%
- 24.7% 10Y total return vs NOAH's -44.1%
- 3.5% NII/revenue growth vs NOAH's -21.1%
Best for: growth exposure and long-term compounding
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | BEN | 3.5% NII/revenue growth vs NOAH's -21.1% |
| Value | NOAH | Lower P/E (1.1x vs 11.4x) |
| Quality / Margins | NOAH | Efficiency ratio 0.2% vs BEN's 0.7% (lower = leaner) |
| Stability / Safety | NOAH | Beta 0.98 vs BEN's 1.31, lower leverage |
| Dividends | NOAH | 95.9% yield, 2-year raise streak, vs BEN's 4.3% |
| Momentum (1Y) | BEN | +61.7% vs NOAH's +28.6% |
| Efficiency (ROA) | NOAH | Efficiency ratio 0.2% vs BEN's 0.7% |
NOAH vs BEN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2024
FY 2025
NOAH vs BEN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLNOAHLAGGINGBEN
BENFranklin Resources, I…
1leads
NOAHNoah Holdings Limited
3leads
6 Total Categories
CATEGORYLEADERvs BENMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
NOAH3/5
Valuation MetricsMultiples, price ratios, and targets
NOAH6/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
NOAH7/8
Total Returns1Y, 3Y, 5Y total returns with dividends
BEN6/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
Tied
—
Income & Cash Flow (Last 12 Months)
NOAH leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
BEN is the larger business by revenue, generating $8.8B annually — 3.4x NOAH's $2.6B. NOAH is the more profitable business, keeping 18.3% of every revenue dollar as net income compared to BEN's 6.0%.
| Metric | NOAHNoah Holdings Lim… | BENFranklin Resource… |
|---|---|---|
| RevenueTrailing 12 months | $2.6B | $8.8B |
| EBITDAEarnings before interest/tax | $656M | $1.2B |
| Net IncomeAfter-tax profit | $656M | $812M |
| Free Cash FlowCash after capex | $0 | $938M |
| Gross MarginGross profit ÷ Revenue | +48.1% | +80.3% |
| Operating MarginEBIT ÷ Revenue | +24.4% | +6.9% |
| Net MarginNet income ÷ Revenue | +18.3% | +6.0% |
| FCF MarginFCF ÷ Revenue | +11.7% | +10.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +62.8% | +100.0% |
NOAH leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
NOAH leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 2.2x trailing earnings, NOAH trades at a 94% valuation discount to BEN's 34.2x P/E.
| Metric | NOAHNoah Holdings Lim… | BENFranklin Resource… |
|---|---|---|
| Market CapShares × price | $154M | $16.2B |
| Enterprise ValueMkt cap + debt − cash | -$387M | $25.9B |
| Trailing P/EPrice ÷ TTM EPS | 2.21x | 34.24x |
| Forward P/EPrice ÷ next-FY EPS est. | 1.10x | 11.45x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | -3.33x | 22.82x |
| Price / SalesMarket cap ÷ Revenue | 0.40x | 1.85x |
| Price / BookPrice ÷ Book value/share | 0.10x | 1.13x |
| Price / FCFMarket cap ÷ FCF | 3.44x | 17.76x |
NOAH leads this category, winning 6 of 6 comparable metrics.
Profitability & Efficiency
NOAH leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
NOAH delivers a 6.6% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $6 for BEN. NOAH carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to BEN's 0.94x. On the Piotroski fundamental quality scale (0–9), BEN scores 6/9 vs NOAH's 4/9, reflecting solid financial health.
| Metric | NOAHNoah Holdings Lim… | BENFranklin Resource… |
|---|---|---|
| ROE (TTM)Return on equity | +6.6% | +5.6% |
| ROA (TTM)Return on assets | +5.6% | +2.5% |
| ROICReturn on invested capital | +4.5% | +1.6% |
| ROCEReturn on capital employed | +6.0% | +2.0% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 |
| Debt / EquityFinancial leverage | 0.01x | 0.94x |
| Net DebtTotal debt minus cash | -$3.7B | $9.7B |
| Cash & Equiv.Liquid assets | $3.8B | $3.6B |
| Total DebtShort + long-term debt | $136M | $13.3B |
| Interest CoverageEBIT ÷ Interest expense | — | 15.19x |
NOAH leads this category, winning 7 of 8 comparable metrics.
Total Returns (Dividends Reinvested)
BEN leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BEN five years ago would be worth $10,965 today (with dividends reinvested), compared to $3,312 for NOAH. Over the past 12 months, BEN leads with a +61.7% total return vs NOAH's +28.6%. The 3-year compound annual growth rate (CAGR) favors BEN at 11.3% vs NOAH's -0.5% — a key indicator of consistent wealth creation.
| Metric | NOAHNoah Holdings Lim… | BENFranklin Resource… |
|---|---|---|
| YTD ReturnYear-to-date | +2.9% | +32.3% |
| 1-Year ReturnPast 12 months | +28.6% | +61.7% |
| 3-Year ReturnCumulative with dividends | -1.5% | +37.8% |
| 5-Year ReturnCumulative with dividends | -66.9% | +9.7% |
| 10-Year ReturnCumulative with dividends | -44.1% | +24.7% |
| CAGR (3Y)Annualised 3-year return | -0.5% | +11.3% |
BEN leads this category, winning 6 of 6 comparable metrics.
Risk & Volatility
Evenly matched — NOAH and BEN each lead in 1 of 2 comparable metrics.
Risk & Volatility
NOAH is the less volatile stock with a 0.98 beta — it tends to amplify market swings less than BEN's 1.31 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BEN currently trades 99.1% from its 52-week high vs NOAH's 85.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | NOAHNoah Holdings Lim… | BENFranklin Resource… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.98x | 1.31x |
| 52-Week HighHighest price in past year | $12.84 | $31.44 |
| 52-Week LowLowest price in past year | $9.31 | $19.79 |
| % of 52W HighCurrent price vs 52-week peak | +85.2% | +99.1% |
| RSI (14)Momentum oscillator 0–100 | 54.9 | 75.9 |
| Avg Volume (50D)Average daily shares traded | 127K | 5.1M |
Evenly matched — NOAH and BEN each lead in 1 of 2 comparable metrics.
Analyst Outlook
Evenly matched — NOAH and BEN each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates NOAH as "Buy" and BEN as "Hold". Consensus price targets imply -7.7% upside for BEN (target: $29) vs -8.6% for NOAH (target: $10). For income investors, NOAH offers the higher dividend yield at 95.88% vs BEN's 4.26%.
| Metric | NOAHNoah Holdings Lim… | BENFranklin Resource… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $10.00 | $28.75 |
| # AnalystsCovering analysts | 13 | 27 |
| Dividend YieldAnnual dividend ÷ price | +95.9% | +4.3% |
| Dividend StreakConsecutive years of raises | 2 | 6 |
| Dividend / ShareAnnual DPS | $71.51 | $1.33 |
| Buyback YieldShare repurchases ÷ mkt cap | +5.1% | +1.5% |
Evenly matched — NOAH and BEN each lead in 1 of 2 comparable metrics.
Key Takeaway
NOAH leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). BEN leads in 1 (Total Returns). 2 tied.
Best OverallNoah Holdings Limited (NOAH)Leads 3 of 6 categories
Loading custom metrics...
NOAH vs BEN: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is NOAH or BEN a better buy right now?
For growth investors, Franklin Resources, Inc.
(BEN) is the stronger pick with 3. 5% revenue growth year-over-year, versus -21. 1% for Noah Holdings Limited (NOAH). Noah Holdings Limited (NOAH) offers the better valuation at 2. 2x trailing P/E (1. 1x forward), making it the more compelling value choice. Analysts rate Noah Holdings Limited (NOAH) a "Buy" — based on 13 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — NOAH or BEN?
On trailing P/E, Noah Holdings Limited (NOAH) is the cheapest at 2.
2x versus Franklin Resources, Inc. at 34. 2x. On forward P/E, Noah Holdings Limited is actually cheaper at 1. 1x.
03Which is the better long-term investment — NOAH or BEN?
Over the past 5 years, Franklin Resources, Inc.
(BEN) delivered a total return of +9. 7%, compared to -66. 9% for Noah Holdings Limited (NOAH). Over 10 years, the gap is even starker: BEN returned +24. 7% versus NOAH's -44. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NOAH or BEN?
By beta (market sensitivity over 5 years), Noah Holdings Limited (NOAH) is the lower-risk stock at 0.
98β versus Franklin Resources, Inc. 's 1. 31β — meaning BEN is approximately 34% more volatile than NOAH relative to the S&P 500. On balance sheet safety, Noah Holdings Limited (NOAH) carries a lower debt/equity ratio of 1% versus 94% for Franklin Resources, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — NOAH or BEN?
By revenue growth (latest reported year), Franklin Resources, Inc.
(BEN) is pulling ahead at 3. 5% versus -21. 1% for Noah Holdings Limited (NOAH). On earnings-per-share growth, the picture is similar: Franklin Resources, Inc. grew EPS 7. 1% year-over-year, compared to -53. 5% for Noah Holdings Limited. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — NOAH or BEN?
Noah Holdings Limited (NOAH) is the more profitable company, earning 18.
3% net margin versus 6. 0% for Franklin Resources, Inc. — meaning it keeps 18. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NOAH leads at 24. 4% versus 6. 9% for BEN. At the gross margin level — before operating expenses — BEN leads at 80. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is NOAH or BEN more undervalued right now?
On forward earnings alone, Noah Holdings Limited (NOAH) trades at 1.
1x forward P/E versus 11. 4x for Franklin Resources, Inc. — 10. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BEN: -7. 7% to $28. 75.
08Which pays a better dividend — NOAH or BEN?
All stocks in this comparison pay dividends.
Noah Holdings Limited (NOAH) offers the highest yield at 95. 9%, versus 4. 3% for Franklin Resources, Inc. (BEN).
09Is NOAH or BEN better for a retirement portfolio?
For long-horizon retirement investors, Noah Holdings Limited (NOAH) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
98), 95. 9% yield). Both have compounded well over 10 years (NOAH: -44. 1%, BEN: +24. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between NOAH and BEN?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: NOAH is a small-cap deep-value stock; BEN is a mid-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
Revenue Growth>
%
(NOAH: -21.1% · BEN: 3.5%)Net Margin>
%
(NOAH: 18.3% · BEN: 6.0%)P/E Ratio<
x
(NOAH: 2.2x · BEN: 34.2x)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.