--- title: "Is Resona Holdings (TSE:8308) Fully Valued After Its Bond Issuance And Share Buyback?" type: "News" locale: "en" url: "https://longbridge.com/en/news/292109640.md" description: "Resona Holdings (TSE:8308) issued ¥70 billion in bonds and repurchased over 10 million shares amid strong stock momentum. Valuation views are mixed: analysts suggest the stock is ~20% overvalued with a fair value of ¥1,970.91, while Simply Wall St's DCF model indicates it is undervalued at ¥3,202.85. Investors face risks from rising operating expenses and integration issues at Minato Bank." datetime: "2026-07-08T20:07:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292109640.md) - [en](https://longbridge.com/en/news/292109640.md) - [zh-HK](https://longbridge.com/zh-HK/news/292109640.md) generator: "portal-rs" --- # Is Resona Holdings (TSE:8308) Fully Valued After Its Bond Issuance And Share Buyback? Resona Holdings (TSE:8308) has launched two unsecured yen bond issues totaling ¥70 billion and completed a share repurchase of 10,026,200 shares, drawing attention to how the bank is managing its capital structure. See our latest analysis for Resona Holdings. The recent bond issuance and completed share buyback arrive at a time when Resona Holdings’ share price has strong momentum, with a 7 day share price return of 11.52% and a year to date share price return of 51.79%. The 1 year total shareholder return of 83.77% and very large 5 year total shareholder return highlight how long term holders have been rewarded as sentiment toward the stock has shifted. If you are looking to build on this idea and find other opportunities in financials and beyond, now could be a good time to scan the market using our 12 top founder-led companies After that surge and a fresh mix of buybacks and new debt on the balance sheet, the key question for Resona Holdings is whether most of the easy upside is already reflected in the share price or if valuation still leaves room ahead. ## Most Popular Narrative: 20% Overvalued On the most followed view of Resona Holdings, the latest fair value estimate of ¥1,970.91 sits below the last close at ¥2,358, which raises questions about how much optimism is already in the price. > *Given the current share price of ¥1927.0, the analyst price target of ¥1970.91 is 2.2% higher. The relatively low difference between the current share price and the analyst consensus price target indicates that they believe on average, the company is fairly priced.* *Read the complete narrative.* Want to see what is driving that fair value gap for Resona Holdings? The narrative leans heavily on changing margins, measured revenue assumptions, and a tighter profit multiple story that many investors are still debating. **Result: Fair Value of ¥1,970.91 (OVERVALUED)** Have a read of the narrative in full and understand what's behind the forecasts. However, Resona Holdings still faces potential pressure if operating expenses increase at a faster pace than revenues or if integration issues at Minato Bank negatively affect earnings. Find out about the key risks to this Resona Holdings narrative. ## Another View on Resona Holdings’ Valuation While analyst targets suggest Resona Holdings might be around 20% overvalued at ¥1,970.91 versus the ¥2,358 share price, our DCF model tells a different story. On that method, the stock is trading at ¥2,358 compared with an estimated future cash flow value of ¥3,202.85, implying it is undervalued. Which set of assumptions do you find more convincing? Look into how the SWS DCF model arrives at its fair value. 8308 Discounted Cash Flow as at Jul 2026 Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Resona Holdings for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 20 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. ## Next Steps With mixed signals around Resona Holdings’ valuation and outlook, this is a good moment to review the underlying data, weigh the risks against the potential rewards, and then check the 3 key rewards and 1 important warning sign. ## Looking for more investment ideas beyond Resona Holdings? If you stop with Resona Holdings, you could miss other compelling setups, so take a moment to scan a few focused stock lists that match different priorities. - Target steady compounding potential by reviewing 20 high quality undervalued stocks that combine compressed prices with fundamentally supported business models. - Prioritise resilience by checking 56 resilient stocks with low risk scores designed to highlight companies with relatively lower risk profiles. - Hunt for tomorrow's potential standouts through our screener containing 55 high quality undiscovered gems before they move onto more investors' radars. *This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.* ### **New:** AI Stock Screener & Alerts Our new AI Stock Screener scans the market every day to uncover opportunities. • Dividend Powerhouses (3%+ Yield) • Undervalued Small Caps with Insider Buying • High growth Tech and AI Companies Or build your own from over 50 metrics. Explore Now for Free ### Related Stocks - [8308.JP](https://longbridge.com/en/quote/8308.JP.md) ## Related News & Research - [Resona Holdings (TSE:8308) Lifts Guidance And Launches Buyback, Is The Stock Too Pricey?](https://longbridge.com/en/news/294713220.md) - [Resona: Record 1Q profit, higher earnings target, and expanded shareholder returns on strong loan growth](https://longbridge.com/en/news/294468482.md) - [Coincheck Group N.V. 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