Lloyds Banking Group PLC (LYG) vs Mizuho Financial Group, Inc. (MFG)

Lloyds Banking Group PLC and Mizuho Financial Group, Inc. are both Banks Regional companies. Mizuho Financial Group, Inc. is the larger, with a market value of $131.7B against $82.7B — 1.6× the size. Mizuho Financial Group, Inc. trades at the lower P/E: 2.5× against 16.3×. Mizuho Financial Group, Inc. grew revenue faster over the last twelve months: 23.5% against −42.6%. Lloyds Banking Group PLC has the higher net margin (55.0% vs 16.8%) and the higher return on invested capital (0.00% vs 0.00%). Both pay a dividend; Lloyds Banking Group PLC yields more (6.78% vs 3.77%). Across the 17 metrics below, Mizuho Financial Group, Inc. leads on 10 and Lloyds Banking Group PLC on 7.

Valuation

Metric LYG MFG Banks Regional median
P/E 16.28 2.52 12.15
P/S 7.46 0.38 2.37
P/B 1.34 0.18 1.21
Price to free cash flow 2.23 n/m 10.80
EV/EBITDA n/m n/m —
EV/Sales (18.48) (16.85) 2.27
Earnings yield 6.14% 39.76% 8.11%
Free cash flow yield 44.85% (458.18%) 8.98%

Profitability

Metric LYG MFG Banks Regional median
Gross margin 66.28% 55.91% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 55.01% 16.78% 18.66%
Free cash flow margin 0.00% 0.00% 21.18%
Return on equity 0.00% 8.42% 10.64%
Return on assets 0.00% 0.32% 1.13%
Return on invested capital 0.00% 0.00% 8.33%

Growth

Metric LYG MFG Banks Regional median
Revenue growth (TTM) (42.59%) 23.48% 6.61%
EPS growth (last fiscal year) (10.00%) 141.25% —
Revenue growth, 5-year CAGR 3.00% 11.33% 12.30%
Net income growth, 5-year CAGR 37.87% 6.92% 9.71%

Health

Metric LYG MFG Banks Regional median
Debt to equity 2.12 1.53 0.22
Current ratio 1.52 0.93 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric LYG MFG Banks Regional median
Dividend yield 6.78% 3.77% 3.75%
Payout ratio 0.29 0.34 0.27

Size

Metric LYG MFG Banks Regional median
Market cap 82.72b 131.65b 921.07m

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