Sumitomo Mitsui Trust Holdings PK (SUTNY) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Sumitomo Mitsui Trust Holdings PK stock $3.47, price $5.11, that is 32.1% below the price, quality 60 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $1.31 – $5.74 · fair‑value band $3.12 – $4.91 · the $5.11 price screens above the $3.47 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
Follow Sumitomo Mitsui Trust Holdings PK in your weekly email
Every Wednesday you see whether Sumitomo Mitsui Trust Holdings PK is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Sumitomo Mitsui Trust Group, Inc. operates as a trust bank in Japan and internationally. It operates through Wealth Management Business, Corporate Business, Investor Services Business, Real Estate Business, Global Markets Business, and Asset Management Business segments.
Show moreShow less
The company offers services to individuals, corporate, investors, as well as to real estate business. It is also involved in marketing, market-making, investment, financial management, and asset management services operations.
In addition, the company supervises management strategies, financial management, human resource management, corporate administrative management, operational process management, risk management, and compliance management; and manages internal auditing.
Further, it provides financing, stock transfer agency operations, and consulting services; real estate brokerage; consulting services related to development, effective utilization, construction, and ESG considerations, as well as real estate custody functions; and foreign exchange, interest rates, and derivative products and services.
The company was formerly known as Sumitomo Mitsui Trust Holdings, Inc. and changed its name to Sumitomo Mitsui Trust Group, Inc. in October 2024. Sumitomo Mitsui Trust Group, Inc. was founded in 1924 and is headquartered in Chiyoda, Japan.
Stock analysis
Sumitomo Mitsui Trust Holdings PK (SUTNY) currently trades at $5.11, while our model-based Fair Value estimate is $3.47, 32% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $5.23 per share, and 1 of the 6 models we run sit above the $5.11 price.
Bear case: the Asset-Based group reads lowest at $2.60, and 5 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $3.12 (bear) to $4.91 (bull), the price of $5.11 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Sumitomo Mitsui Trust Holdings PK reported revenue of ¥3.1T in FY2026 versus ¥1.3T in FY2022, a compound +25.4%/yr. Reported net income was ¥337B in FY2026, compounding +18.8%/yr from FY2022.
Key figures
Market cap $28.6B Large · P/E ratio 11.9 · P/S ratio 1.28 · EPS (TTM) $0.4300 · Dividend yield 2.8% · Net margin 10.8% · Return on equity 10.8% · Return on assets (EBIT) 0.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 65 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 55% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −32%, SUTNY screens richer than that median.
Fair Value models
Bear$3.12Fair Value $3.47Bull$4.91
Price $5.11 · Downside -32.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then ($0.2615 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income$3.65$4.07$5.3176
DDM Multi-Stage$1.40$2.56$3.3266
Gordon GGM$1.40$3.21$5.7665
All 6 models by family
Dividend Discount
Gordon GGM$1.40$3.21$5.7665
DDM Multi-Stage$1.40$2.56$3.3266
Multiples
P/E Multiple$3.76$5.02$6.2763
P/B Multiple$4.07$5.43$6.7955
Asset-Based
NCAV (Graham)$1.94$2.60$3.8854
Economic Profit
Residual Income$3.65$4.07$5.3176
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.95/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+12.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+22.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.6%
Start year 2021 (pandemic). Over 10 years: +10.9% a year
Revenue growth 26 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.9%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in JPY ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in JPY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−8.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−11.0%
Dividend (yield on the price)2.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−11.0% vs −5.8%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.16% → 15%
News mood ⓘNews mood, the average tone of recent news (18 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.
AI conclusion: Regional Japanese bank leverages trust expertise to draw investor flows into infrastructure funds for data centers and decarbonization yet shows weak differentiation and limited pricing power from regional competition.
Main risk: Generative AI might replace tasks based on deep expertise and information asymmetry in trust services, reducing the scarcity value of the company's core advisory and fiduciary offerings to clients.
Bull case: The company could redefine the enduring value of trusts by combining AI with irreplaceable human judgment and customized solutions to address latent client needs in uncertain environments.
Bear case: If AI commoditizes expertise-driven services, the company's differentiation in trust banking could diminish, leading to lower demand for its specialized products and pressure on fee income from asset management and advisory.
Sumitomo Mitsui Trust recently closed its second domestic infrastructure fund at 123 billion yen, attracting pensions, insurers and overseas investors for data centers and decarbonization projects. This builds on its trust expertise to capture flows into real assets amid AI growth and energy transitions. Our models currently see the stock as overvalued. Will the added fee income from these vehicles meaningfully lift returns, or will core deposit and lending margins continue to dominate results?
Compare Sumitomo Mitsui Trust Holdings PK with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score60 · Top 25%
Fair Value upside−32.1% · Below median
Profitability
Return on equity (12 months)10.8% · Below median
Return on assets0.4% · Bottom 25%
Net margin (12 months)21.3% · Bottom 25%
Operating margin (12 months)39.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)27.3% · Top 25%
Dividend yield (12 months)2.8% · Above median
Balance sheet
Debt / equity3.05× · Highest 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Sumitomo Mitsui Trust Holdings PK (SUTNY) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $3.47 versus a price of $5.11, about 32% lower (overvalued).
What is the fair value of SUTNY?
Our model-based fair value for Sumitomo Mitsui Trust Holdings PK is $3.47 (as of Nov 6, 2026), built from audited fundamentals. The current price: $5.11.
What is the quality score of SUTNY?
Sumitomo Mitsui Trust Holdings PK has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Sumitomo Mitsui Trust Holdings PK (SUTNY)?
Our model-based price target is the fair value of $3.47 (as of Nov 6, 2026) from 6 valuation models. Cautious scenario $3.12, optimistic scenario $4.91. It is a calculation from audited fundamentals, not an analyst target.
What is the Sumitomo Mitsui Trust Holdings PK stock forecast for 2026?
Our models put fair value at $3.47, about 32% lower versus a price of $5.11 (overvalued). Cautious scenario $3.12, optimistic scenario $4.91. The calculation is refreshed regularly with new filings.
What is the revenue of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
Sumitomo Mitsui Trust Holdings PK reported trailing-twelve-month revenue of about ¥1.7T (latest available figure, as of Nov 6, 2026).
Does Sumitomo Mitsui Trust Holdings PK pay a dividend?
Sumitomo Mitsui Trust Holdings PK currently shows a dividend yield of 2.79% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Sumitomo Mitsui Trust Holdings PK (SUTNY) and when is the ex-dividend date?
Sumitomo Mitsui Trust Holdings PK has a dividend yield of 2.8%. The last ex-dividend date was Mar 31, 2026. A dividend has been paid every year since at least 2010. The payout ratio is 36.9% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sumitomo Mitsui Trust Holdings PK it is $3.47 per share (as of Nov 6, 2026), against a price of $5.11. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Sumitomo Mitsui Trust Holdings PK stock overvalued or undervalued in 2026?
As of Nov 6, 2026, SUTNY trades above its calculated fair value: price $5.11, fair value $3.47, a gap of about −32% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SUTNY?
No. The price is what the market pays today ($5.11); the fair value is what the company's own numbers justify ($3.47). For Sumitomo Mitsui Trust Holdings PK the two are $1.64 per share apart. That gap is exactly why we show both numbers side by side.
How much is Sumitomo Mitsui Trust Holdings PK worth?
The market values Sumitomo Mitsui Trust Holdings PK at about $28.6B (market capitalisation, as of Nov 6, 2026). Per share that is $5.11; our models calculate a fair value of $3.47 per share.
What do the bullish and bearish scenarios say about SUTNY?
Our models span a range for Sumitomo Mitsui Trust Holdings PK: cautious scenario $3.12, base $3.47, optimistic $4.91 per share (as of Nov 6, 2026, price $5.11). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SUTNY?
Sumitomo Mitsui Trust Holdings PK trades at a price-to-earnings ratio of 11.9 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $3.47 is built from several models across several years. Other multiples: PEG 12.2, P/B 1.3, P/S 2.6.
What is the PEG ratio of SUTNY?
The PEG ratio of Sumitomo Mitsui Trust Holdings PK is 12.20 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
Balance-sheet figures for Sumitomo Mitsui Trust Holdings PK (as of Nov 6, 2026): return on equity 10.8%, debt of 3.05 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is SUTNY from its 52-week high?
Sumitomo Mitsui Trust Holdings PK trades at $5.11, about 11% below its 52-week high of $5.74 and 55% above the low of $3.29 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $3.47 is for.
Which stocks are comparable to Sumitomo Mitsui Trust Holdings PK?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Sumitomo Mitsui Trust Holdings PK stock attractive at the current price?
The data as of Nov 6, 2026: price $5.11, calculated fair value $3.47 (−32%), Quality Score 60/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SUTNY calculated?
We run Sumitomo Mitsui Trust Holdings PK through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $3.47 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Sumitomo Mitsui Trust Holdings PK itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
The closing price on Nov 6, 2026 was $5.11. Our model-based fair value is $3.47, about 32% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sumitomo Mitsui Trust Holdings PK right now?
The price sits above even our optimistic bull case ($4.91). The favourable scenario is already priced in. Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Sumitomo Mitsui Trust Holdings PK (SUTNY) come from?
Earnings per share at Sumitomo Mitsui Trust Holdings PK grew −2.8 % a year from 2015 to 2026. Broken into its drivers: revenue per share +2.5 %, EBIT margin −6.7 %, tax rate +1.1 %, residual (interest, one-offs) +0.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Sumitomo Mitsui Trust Holdings PK
How large is the market capitalisation of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
The market capitalisation of Sumitomo Mitsui Trust Holdings PK is $28.6B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
The price-to-sales ratio of Sumitomo Mitsui Trust Holdings PK is 1.28 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
Earnings per share at Sumitomo Mitsui Trust Holdings PK are $0.4300 (price ÷ EPS = P/E 11.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
The dividend yield of Sumitomo Mitsui Trust Holdings PK is 2.8% (payout 33.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
The net margin of Sumitomo Mitsui Trust Holdings PK is 10.8% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
The return on equity (ROE) of Sumitomo Mitsui Trust Holdings PK is 10.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
On an EBIT basis the return on assets of Sumitomo Mitsui Trust Holdings PK is 0.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Sumitomo Mitsui Trust Holdings PK (SUTNY)?
The operating margin of Sumitomo Mitsui Trust Holdings PK is 39.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sumitomo Mitsui Trust Holdings PK (SUTNY)?
Revenue at Sumitomo Mitsui Trust Holdings PK is growing +27.3% versus a year earlier (3y avg +22.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Sumitomo Mitsui Trust Holdings PK (SUTNY)?
Earnings per share at Sumitomo Mitsui Trust Holdings PK are growing +59.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Sumitomo Mitsui Trust Holdings PK (SUTNY) generate?
The free cash flow of Sumitomo Mitsui Trust Holdings PK is ¥754B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Sumitomo Mitsui Trust Holdings PK (SUTNY) hold?
Sumitomo Mitsui Trust Holdings PK holds more cash than debt, ¥3.3T net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Sumitomo Mitsui Trust Holdings PK in the live analysis
One click puts Sumitomo Mitsui Trust Holdings PK on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 6, 2026