Stock Price & Analysis

Analysis and Insights

To determine whether it’s a good time to buy or sell SMFG stock, we need to analyze both technical and fundamental factors.

Technical Analysis:

SMFG's stock price has been experiencing a bullish trend recently, with significant support around the $14.97 mark. The latest candlestick chart shows a potential continuation of the uptrend, indicating a possible short-term upside.

Valuation Analysis:

SMFG currently has a P/E ratio of 15.58, which is slightly higher than the industry average, suggesting moderate valuation. The stock is trading at a price-to-book ratio of 1.90, indicating a premium compared to its book value.

Fundamental Analysis:

SMFG is part of a diversified conglomerate with exposure to financial services, which has shown resilience in recent market conditions. The company's strong cash position and diversified business segments provide stability, making it a relatively safer investment compared to pure-play financial stocks.

Event Impact Assessment:

Berkshire Hathaway's increased stake in SMFG and other Japanese companies has positively influenced investor sentiment, as seen in the stock's recent price surge. This endorsement by Warren Buffett adds credibility and long-term confidence in the stock.

Conclusion:

Given the strong fundamentals, positive sentiment, and Berkshire Hathaway's endorsement, SMFG stock is a good buy for long-term investors. However, considering the current price levels and technical indicators, it might be prudent to wait for a slight pullback before entering the market.

The price prediction for SMFG stock in 2025 is $17.50, driven by improving margins and strategic restructuring efforts. The stock shows strong upside potential due to favorable economic conditions and positive analyst sentiment.

The S1 support level for SMFG Stock is $15.24 ,The R1 resistant level for SMFG Stock is $16.6.

As of the end of day on 2025-04-01, the price of SMFG Stock was $15.08.

The market cap of SMFG is $58.6B.

SMFG may be undervalued based on its current valuation metrics. Its P/E ratio of 10.79 is lower than many peers, suggesting reasonable pricing relative to earnings. The EV/EBITDA of 2.46 indicates undervaluation compared to industry standards. The price-to-book ratio of 0.80 is below 1, signaling undervaluation. Additionally, Berkshire Hathaway's increased stake reflects confidence in SMFG's long-term value.

Sumitomo Mitsui Financial Group Inc, formerly Sumitomo Mitsui Financial Group Co Ltd, is a Japan-based company engaged in the commercial banking, leasing, securities and consumer finance business. The Company has five business segments. The Wholesale segment is engaged in the banking, leasing and securities business, as well as the venture capital business and management consulting services business for domestic large companies. The Retail segment is engaged in the banking, securities, credit cards and consumer finance business, as well as pension management business for domestic individuals and small corporate customers. The Global segment is engaged in the banking, leasing and securities business, as well as swap-related business for overseas Japanese and non-Japanese companies. The Market segment is engaged in the banking, securities and other financial markets related businesses. The Head Office Management segment is engaged in the system development and other businesses.

The price prediction for SMFG stock by 2030 is estimated to reach $22 per share. This forecast is based on the company's diversified business segments, strong management team, and its position as a major player in the Japanese banking sector, which is expected to drive steady growth.

SMFG has a total of 120373 employees.