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Sumitomo Mitsui Financial Group Inc (SMFG)
NYSE:SMFG
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Sumitomo Mitsui
(NYSE:SMFG)
78Outperform
Sumitomo Mitsui (SMFG) vs. S&P 500 (SPY)
Market Cap
$95.84B
Dividend Yield2.22%
Average Volume (3M)1.35M
Price to Earnings (P/E)11.3
Beta (1Y)0.76
Revenue Growth8.69%
EPS Growth50.61%
CountryUS
Employees120,000
SectorFinancial
Sector Strength77
IndustryBanking
Share Statistics
EPS (TTM)1.32
Shares Outstanding6,474,075,700
10 Day Avg. Volume988,687
30 Day Avg. Volume1,351,190
Financial Highlights & Ratios
PEG Ratio0.22
Price to Book (P/B)N/A
Price to Sales (P/S)10.77
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Sumitomo Mitsui Business Overview & Revenue Model
Company DescriptionSumitomo Mitsui Financial Group (SMFG) is a leading Japanese financial services group headquartered in Tokyo, Japan. It operates in various sectors, including commercial banking, leasing, securities, and consumer finance. SMFG provides a comprehensive range of financial products and services, such as loans, deposits, asset management, and insurance, catering to both individual customers and corporate clients. The company is part of the Sumitomo and Mitsui keiretsu, two of Japan's largest corporate groups, and it is recognized for its strong international presence with operations across Asia, Europe, and the Americas.
How the Company Makes MoneySMFG generates revenue through its diverse portfolio of financial services. The primary source of income is interest income from its lending activities, which includes personal loans, mortgages, and corporate loans. The company also earns significant fees and commissions from its investment banking and securities operations, offering services like underwriting, advisory, and brokerage. Additionally, SMFG derives income from asset management and insurance products, leveraging its expertise to manage client investments and provide various insurance solutions. Furthermore, its leasing and consumer finance arms contribute to its earnings by offering leasing solutions and credit card services. Strategic partnerships and alliances, both domestically and internationally, enable SMFG to expand its reach and enhance its service offerings, further driving its revenue growth.
Sumitomo Mitsui Financial Statement Overview
Summary
Sumitomo Mitsui's financial health is strong with robust growth in revenue and profitability. The balance sheet shows prudent financial management with low leverage and growing equity. Cash flow improvements highlight efficient cash management, although past volatility poses a risk.Income Statement
Sumitomo Mitsui shows strong revenue growth, with a significant increase from 3,785.5 billion yen in 2023 to 4,433.4 billion yen in 2024, indicating a healthy growth trajectory. The Gross Profit Margin remains robust, reflecting efficient management. However, the absence of EBITDA data for 2024 limits a full analysis of operational efficiency. Net Profit Margin improved from the previous year, showcasing enhanced profitability.82
Very Positive
Balance Sheet
The company's balance sheet is solid with a low Debt-to-Equity Ratio, reflecting conservative leverage. Stockholders' Equity has grown, enhancing financial stability. However, the Equity Ratio remains modest, suggesting a balanced but cautious capital structure.77
Positive
Cash Flow
Cash flow performance is impressive, with a significant turnaround in Free Cash Flow from negative to positive, indicating improved operational efficiency. The Operating Cash Flow to Net Income Ratio is strong, suggesting effective cash conversion. However, volatility in operating cash flows over the years suggests potential fluctuations in cash flow stability.85
Very Positive
| Breakdown | |||||
| TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 4.61T | 4.43T | 3.79T | 3.42T | 3.17T | 3.68T | Gross Profit |
| 4.61T | 4.43T | 3.79T | 3.42T | 3.17T | 3.68T | EBIT |
| 1.77T | 1.67T | 1.34T | 788.92B | 973.50B | 345.32B | EBITDA |
| 1.84T | 1.96T | 1.37T | 1.17T | 899.42B | 0.00 | Net Income Common Stockholders |
| 1.09T | 962.95B | 805.84B | 706.63B | 512.81B | 703.88B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 76.60T | 10.00T> | 73.21T | 72.19T | 69.66T | 59.41T | Total Assets |
| 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | Total Debt |
| 32.98T | 34.26T | 29.38T | 32.12T | 30.36T | 26.23T | Net Debt |
| -43.62T | -43.89T | -46.53T | -42.67T | -42.21T | -35.53T | Total Liabilities |
| 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | Stockholders Equity |
| 13.78T | 14.66T | 12.68T | 12.10T | 11.83T | 10.72T |
| Cash Flow | Free Cash Flow | ||||
| 281.76B | 4.47T | -6.19T | 1.26T | 18.47T | 6.84T | Operating Cash Flow |
| 281.76B | 4.86T | -5.90T | 1.55T | 18.80T | 7.09T | Investing Cash Flow |
| 0.00 | -918.90B | 5.93T | -2.41T | -7.68T | -3.01T | Financing Cash Flow |
| 0.00 | 8.09T | -357.78B | -485.34B | -562.58B | -1.02T |
Sumitomo Mitsui Technical Analysis
Positive
15.29
Price Trends
14.94
Positive
14.42
Positive
13.75
Positive
Market Momentum
0.06
Positive
52.80
Neutral
31.26
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SMFG, the sentiment is Positive. The current price of 15.29 is above the 20-day moving average (MA) of 15.28, above the 50-day MA of 14.94, and above the 200-day MA of 13.75, indicating a bullish trend. The MACD of 0.06 indicates Positive momentum. The RSI at 52.80 is Neutral, neither overbought nor oversold. The STOCH value of 31.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SMFG.
Sumitomo Mitsui Risk Analysis
Sumitomo Mitsui disclosed 30 risk factors in its most recent earnings report. Sumitomo Mitsui reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Sumitomo Mitsui Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $78.47B | 7.58 | 18.77% | 4.33% | 10.29% | 28.54% | |
81 Outperform | $193.79B | 8.93 | 13.74% | 5.46% | 6.79% | 8.57% | |
78 Outperform | $95.84B | 11.31 | 8.86% | 2.22% | 8.69% | 50.61% | |
77 Outperform | $96.69B | 7.66 | 13.16% | 2.35% | 11.61% | 24.35% | |
71 Outperform | $144.58B | 11.65 | 9.70% | 1.85% | 13.21% | -12.06% | |
64 Neutral | $13.79B | 10.52 | 9.20% | 4.24% | 17.25% | -7.60% |
* Financial Sector Average
Performance Comparison
SMFG
Sumitomo Mitsui
15.29
3.55
30.24%
BBVA
Banco Bilbao
13.96
3.31
31.08%
HSBC
HSBC Holdings
55.74
20.93
60.13%
MUFG
Mitsubishi UFJ
13.08
2.68
25.77%
SAN
Banco Santander SA
6.50
2.20
51.16%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.