FREEDOM HOLDING CORP/NV (FRHC) Stock Fundamental Analysis

NASDAQ:FRHC • US3563901046

119.49 USD
+0.02 (+0.02%)
At close: Feb 26, 2026
119.49 USD
0 (0%)
After Hours: 2/26/2026, 5:20:01 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Overall FRHC gets a fundamental rating of 3 out of 10. We evaluated FRHC against 238 industry peers in the Capital Markets industry. There are concerns on the financial health of FRHC while its profitability can be described as average. FRHC does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • FRHC had negative earnings in the past year.
  • In the past year FRHC had a positive cash flow from operations.
  • FRHC had positive earnings in each of the past 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: FRHC reported negative operating cash flow in multiple years.
FRHC Yearly Net Income VS EBIT VS OCF VS FCFFRHC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B 1.5B

1.2 Ratios

  • FRHC's Return On Assets of 0.02% is on the low side compared to the rest of the industry. FRHC is outperformed by 76.47% of its industry peers.
  • The Return On Equity of FRHC (0.19%) is worse than 71.43% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 7.06%, FRHC is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
  • FRHC had an Average Return On Invested Capital over the past 3 years of 12.87%. This is significantly above the industry average of 7.31%.
  • The last Return On Invested Capital (7.06%) for FRHC is well below the 3 year average (12.87%), which needs to be investigated, but indicates that FRHC had better years and this may not be a problem.
Industry RankSector Rank
ROA 0.02%
ROE 0.19%
ROIC 7.06%
ROA(3y)3.14%
ROA(5y)4.72%
ROE(3y)21.88%
ROE(5y)32.14%
ROIC(3y)12.87%
ROIC(5y)12.67%
FRHC Yearly ROA, ROE, ROICFRHC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -100 -200 -300 -400

1.3 Margins

  • FRHC has a Profit Margin of 0.14%. This is in the lower half of the industry: FRHC underperforms 76.05% of its industry peers.
  • FRHC's Profit Margin has declined in the last couple of years.
  • With a Operating Margin value of 21.92%, FRHC perfoms like the industry average, outperforming 48.32% of the companies in the same industry.
  • In the last couple of years the Operating Margin of FRHC has remained more or less at the same level.
  • With a decent Gross Margin value of 66.05%, FRHC is doing good in the industry, outperforming 74.79% of the companies in the same industry.
  • In the last couple of years the Gross Margin of FRHC has declined.
Industry RankSector Rank
OM 21.92%
PM (TTM) 0.14%
GM 66.05%
OM growth 3Y-22.66%
OM growth 5Y-1.08%
PM growth 3Y-49.56%
PM growth 5Y-27.11%
GM growth 3Y-6.02%
GM growth 5Y-4.18%
FRHC Yearly Profit, Operating, Gross MarginsFRHC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • Compared to 1 year ago, FRHC has more shares outstanding
  • The number of shares outstanding for FRHC has been increased compared to 5 years ago.
  • Compared to 1 year ago, FRHC has an improved debt to assets ratio.
FRHC Yearly Shares OutstandingFRHC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
FRHC Yearly Total Debt VS Total AssetsFRHC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • FRHC has an Altman-Z score of 0.36. This is a bad value and indicates that FRHC is not financially healthy and even has some risk of bankruptcy.
  • FRHC has a Altman-Z score of 0.36. This is in the lower half of the industry: FRHC underperforms 63.87% of its industry peers.
  • The Debt to FCF ratio of FRHC is 0.75, which is an excellent value as it means it would take FRHC, only 0.75 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of FRHC (0.75) is better than 89.92% of its industry peers.
  • A Debt/Equity ratio of 1.53 is on the high side and indicates that FRHC has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 1.53, FRHC is doing worse than 71.43% of the companies in the same industry.
  • Even though the debt/equity ratio score it not favorable for FRHC, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 1.53
Debt/FCF 0.75
Altman-Z 0.36
ROIC/WACCN/A
WACCN/A
FRHC Yearly LT Debt VS Equity VS FCFFRHC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B 1.5B

2.3 Liquidity

  • FRHC has a Current Ratio of 0.46. This is a bad value and indicates that FRHC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.46, FRHC is doing worse than 73.11% of the companies in the same industry.
  • FRHC has a Quick Ratio of 0.46. This is a bad value and indicates that FRHC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • FRHC has a Quick ratio of 0.46. This is in the lower half of the industry: FRHC underperforms 73.11% of its industry peers.
Industry RankSector Rank
Current Ratio 0.46
Quick Ratio 0.46
FRHC Yearly Current Assets VS Current LiabilitesFRHC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • FRHC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -100.30%.
  • Measured over the past years, FRHC shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.62% on average per year.
  • Looking at the last year, FRHC shows a decrease in Revenue. The Revenue has decreased by -7.14% in the last year.
  • FRHC shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 75.39% yearly.
EPS 1Y (TTM)-100.3%
EPS 3Y-28.51%
EPS 5Y26.62%
EPS Q2Q%-3.3%
Revenue 1Y (TTM)-7.14%
Revenue growth 3Y42.6%
Revenue growth 5Y75.39%
Sales Q2Q%-1.68%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
FRHC Yearly Revenue VS EstimatesFRHC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
FRHC Yearly EPS VS EstimatesFRHC Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2 4 6

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for FRHC. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
FRHC Price Earnings VS Forward Price EarningsFRHC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FRHC is valued a bit cheaper than the industry average as 76.89% of the companies are valued more expensively.
  • 90.76% of the companies in the same industry are more expensive than FRHC, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 2.56
EV/EBITDA 16.49
FRHC Per share dataFRHC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40 50

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • FRHC does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

FREEDOM HOLDING CORP/NV

NASDAQ:FRHC (2/26/2026, 5:20:01 PM)

After market: 119.49 0 (0%)

119.49

+0.02 (+0.02%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-09
Earnings (Next)06-11
Inst Owners4.14%
Inst Owner Change-5.26%
Ins Owners1.23%
Ins Owner Change0.36%
Market Cap7.31B
Revenue(TTM)1.97B
Net Income(TTM)2.66M
Analysts0
Price TargetN/A
Short Float %4.26%
Short Ratio7.56
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 3.72
P/FCF 2.56
P/OCF 2.38
P/B 5.24
P/tB 5.71
EV/EBITDA 16.49
EPS(TTM)-0.02
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)46.68
FCFY39.06%
OCF(TTM)50.23
OCFY42.04%
SpS32.13
BVpS22.81
TBVpS20.92
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 0.02%
ROE 0.19%
ROCE 11.18%
ROIC 7.06%
ROICexc 8.58%
ROICexgc 9.38%
OM 21.92%
PM (TTM) 0.14%
GM 66.05%
FCFM 145.26%
ROA(3y)3.14%
ROA(5y)4.72%
ROE(3y)21.88%
ROE(5y)32.14%
ROIC(3y)12.87%
ROIC(5y)12.67%
ROICexc(3y)15.36%
ROICexc(5y)14.75%
ROICexgc(3y)16.08%
ROICexgc(5y)15.21%
ROCE(3y)30.86%
ROCE(5y)27.65%
ROICexgc growth 3Y-3.11%
ROICexgc growth 5Y-0.68%
ROICexc growth 3Y-4.92%
ROICexc growth 5Y-1.3%
OM growth 3Y-22.66%
OM growth 5Y-1.08%
PM growth 3Y-49.56%
PM growth 5Y-27.11%
GM growth 3Y-6.02%
GM growth 5Y-4.18%
F-Score3
Asset Turnover0.16
Health
Industry RankSector Rank
Debt/Equity 1.53
Debt/FCF 0.75
Debt/EBITDA 4.68
Cap/Depr 873.36%
Cap/Sales 11.05%
Interest Coverage 0.97
Cash Conversion 674.13%
Profit Quality 107204%
Current Ratio 0.46
Quick Ratio 0.46
Altman-Z 0.36
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)535.11%
Cap/Depr(5y)365.28%
Cap/Sales(3y)4.06%
Cap/Sales(5y)2.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-100.3%
EPS 3Y-28.51%
EPS 5Y26.62%
EPS Q2Q%-3.3%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.14%
Revenue growth 3Y42.6%
Revenue growth 5Y75.39%
Sales Q2Q%-1.68%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-50.77%
EBIT growth 3Y10.29%
EBIT growth 5Y73.49%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y249.73%
FCF growth 3YN/A
FCF growth 5Y109.13%
OCF growth 1Y265.23%
OCF growth 3YN/A
OCF growth 5Y106.96%

FREEDOM HOLDING CORP/NV / FRHC FAQ

What is the fundamental rating for FRHC stock?

ChartMill assigns a fundamental rating of 3 / 10 to FRHC.


Can you provide the valuation status for FREEDOM HOLDING CORP/NV?

ChartMill assigns a valuation rating of 2 / 10 to FREEDOM HOLDING CORP/NV (FRHC). This can be considered as Overvalued.


How profitable is FREEDOM HOLDING CORP/NV (FRHC) stock?

FREEDOM HOLDING CORP/NV (FRHC) has a profitability rating of 4 / 10.