FREEDOM HOLDING CORP/NV (FRHC) Stock Fundamental Analysis
NASDAQ:FRHC - Nasdaq - US3563901046 - Common Stock - Currency: USD
Taking everything into account, FRHC scores 4 out of 10 in our fundamental rating. FRHC was compared to 232 industry peers in the Capital Markets industry. FRHC scores excellent on profitability, but there are concerns on its financial health. FRHC is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
FRHC had positive 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.
In multiple years FRHC reported negative operating cash flow during the last 5 years.
1.2 Ratios
FRHC's Return On Assets of 3.53% is in line compared to the rest of the industry. FRHC outperforms 58.19% of its industry peers.
FRHC has a Return On Equity of 25.60%. This is amongst the best in the industry. FRHC outperforms 92.24% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.74%, FRHC belongs to the top of the industry, outperforming 88.79% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FRHC is significantly above the industry average of 7.87%.
The last Return On Invested Capital (14.74%) for FRHC is above the 3 year average (14.65%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.53% | ||
| ROE | 25.6% | ||
| ROIC | 14.74% |
ROA(3y)5.2%
ROA(5y)5.64%
ROE(3y)33.25%
ROE(5y)34.52%
ROIC(3y)14.65%
ROIC(5y)13.25%
1.3 Margins
Looking at the Profit Margin, with a value of 15.24%, FRHC is in line with its industry, outperforming 50.86% of the companies in the same industry.
FRHC's Profit Margin has improved in the last couple of years.
The Operating Margin of FRHC (41.34%) is better than 71.98% of its industry peers.
In the last couple of years the Operating Margin of FRHC has grown nicely.
Looking at the Gross Margin, with a value of 72.70%, FRHC is in the better half of the industry, outperforming 76.29% of the companies in the same industry.
FRHC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.34% | ||
| PM (TTM) | 15.24% | ||
| GM | 72.7% |
OM growth 3Y5.02%
OM growth 5Y9.6%
PM growth 3Y-19.52%
PM growth 5Y20%
GM growth 3Y8.5%
GM growth 5Y-2.21%
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 a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.20, we must say that FRHC is in the distress zone and has some risk of bankruptcy.
FRHC has a Altman-Z score (1.20) which is comparable to the rest of the industry.
The Debt to FCF ratio of FRHC is 4.51, which is a neutral value as it means it would take FRHC, 4.51 years of fcf income to pay off all of its debts.
FRHC's Debt to FCF ratio of 4.51 is fine compared to the rest of the industry. FRHC outperforms 67.24% of its industry peers.
A Debt/Equity ratio of 2.12 is on the high side and indicates that FRHC has dependencies on debt financing.
FRHC has a worse Debt to Equity ratio (2.12) than 81.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.51 | ||
| Altman-Z | 1.2 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
FRHC has a Current Ratio of 0.78. This is a bad value and indicates that FRHC is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.78, FRHC is not doing good in the industry: 67.24% of the companies in the same industry are doing better.
A Quick Ratio of 0.78 indicates that FRHC may have some problems paying its short term obligations.
FRHC's Quick ratio of 0.78 is on the low side compared to the rest of the industry. FRHC is outperformed by 66.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
FRHC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.40%.
Measured over the past years, FRHC shows a very strong growth in Earnings Per Share. The EPS has been growing by 121.00% on average per year.
Looking at the last year, FRHC shows a very strong growth in Revenue. The Revenue has grown by 47.29%.
Measured over the past years, FRHC shows a very strong growth in Revenue. The Revenue has been growing by 84.29% on average per year.
EPS 1Y (TTM)-5.4%
EPS 3Y35.2%
EPS 5Y121%
EPS Q2Q%-20.46%
Revenue 1Y (TTM)47.29%
Revenue growth 3Y68.84%
Revenue growth 5Y84.29%
Sales Q2Q%51.37%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 26.30 indicates a quite expensive valuation of FRHC.
Based on the Price/Earnings ratio, FRHC is valued a bit more expensive than the industry average as 68.10% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.34, FRHC is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.3 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FRHC indicates a rather cheap valuation: FRHC is cheaper than 87.93% of the companies listed in the same industry.
65.52% of the companies in the same industry are more expensive than FRHC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.4 | ||
| EV/EBITDA | 9.43 |
4.3 Compensation for Growth
FRHC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
FRHC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
140.43
-9.82 (-6.54%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners2.03%
Inst Owner Change44.23%
Ins Owners1.02%
Ins Owner Change-0.48%
Market Cap8.51B
Analysts0
Price TargetN/A
Short Float %2.67%
Short Ratio4.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.3 | ||
| Fwd PE | N/A | ||
| P/S | 4.02 | ||
| P/FCF | 14.4 | ||
| P/OCF | 13.05 | ||
| P/B | 6.76 | ||
| P/tB | 7.29 | ||
| EV/EBITDA | 9.43 |
EPS(TTM)5.34
EY3.8%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)9.75
FCFY6.95%
OCF(TTM)10.76
OCFY7.66%
SpS34.91
BVpS20.78
TBVpS19.25
PEG (NY)N/A
PEG (5Y)0.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.53% | ||
| ROE | 25.6% | ||
| ROCE | 31.42% | ||
| ROIC | 14.74% | ||
| ROICexc | 16.68% | ||
| ROICexgc | 17.03% | ||
| OM | 41.34% | ||
| PM (TTM) | 15.24% | ||
| GM | 72.7% | ||
| FCFM | 27.94% |
ROA(3y)5.2%
ROA(5y)5.64%
ROE(3y)33.25%
ROE(5y)34.52%
ROIC(3y)14.65%
ROIC(5y)13.25%
ROICexc(3y)16.82%
ROICexc(5y)15.59%
ROICexgc(3y)17.06%
ROICexgc(5y)15.84%
ROCE(3y)33.34%
ROCE(5y)26.92%
ROICexcg growth 3Y14.59%
ROICexcg growth 5Y4.87%
ROICexc growth 3Y14.09%
ROICexc growth 5Y5.27%
OM growth 3Y5.02%
OM growth 5Y9.6%
PM growth 3Y-19.52%
PM growth 5Y20%
GM growth 3Y8.5%
GM growth 5Y-2.21%
F-Score5
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.51 | ||
| Debt/EBITDA | 2.99 | ||
| Cap/Depr | 376.37% | ||
| Cap/Sales | 2.89% | ||
| Interest Coverage | 1.72 | ||
| Cash Conversion | 73.2% | ||
| Profit Quality | 183.3% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.2 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)404.78%
Cap/Depr(5y)288.98%
Cap/Sales(3y)2.74%
Cap/Sales(5y)2.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.4%
EPS 3Y35.2%
EPS 5Y121%
EPS Q2Q%-20.46%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)47.29%
Revenue growth 3Y68.84%
Revenue growth 5Y84.29%
Sales Q2Q%51.37%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-0.66%
EBIT growth 3Y77.33%
EBIT growth 5Y101.98%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y352.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y423.04%
OCF growth 3YN/A
OCF growth 5YN/A