Nomura Holdings Inc vs Remitly Global Inc — how do they compare? Nomura Holdings Inc trades at $9.4 (market cap $27.46B), while Remitly Global Inc trades at $23.93 (market cap $5.02B). The key difference: Nomura Holdings Inc is far larger — about 5.5× Remitly Global Inc's market cap, and Nomura Holdings Inc pays a 3.45% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| NMR | RELY | |
|---|---|---|
Market Cap | $27.46B | $5.02B |
Sector | Financials | Technology |
52-Week High | $10.04 | $25.23 |
52-Week Low | $6.39 | $12.20 |
Dividend Yield | 3.45% | — |
Enterprise Value | — | $4.41B |
Trailing returns across standard periods
Nomura is Japan's largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.
Read more on NMR →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Read more on RELY →