Logo image of FRHC

FREEDOM HOLDING CORP/NV (FRHC) Stock Fundamental Analysis

NASDAQ:FRHC - Nasdaq - US3563901046 - Common Stock - Currency: USD

169  -3.25 (-1.88%)

Fundamental Rating

4

FRHC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 230 industry peers in the Capital Markets industry. FRHC scores excellent on profitability, but there are concerns on its financial health. FRHC is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

7

1. Profitability

1.1 Basic Checks

In the past year FRHC was profitable.
In the past year FRHC had a positive cash flow from operations.
Each year in the past 5 years FRHC has been profitable.
In multiple years FRHC reported negative operating cash flow during the last 5 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B

1.2 Ratios

FRHC has a Return On Assets (3.53%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 25.60%, FRHC belongs to the top of the industry, outperforming 92.61% of the companies in the same industry.
FRHC has a Return On Invested Capital of 14.74%. This is amongst the best in the industry. FRHC outperforms 90.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FRHC is significantly above the industry average of 7.27%.
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 RankSector 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%
FRHC Yearly ROA, ROE, ROICFRHC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300 -400

1.3 Margins

FRHC has a Profit Margin (15.24%) which is in line with its industry peers.
FRHC's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 41.34%, FRHC is in the better half of the industry, outperforming 72.61% of the companies in the same industry.
FRHC's Operating Margin has improved in the last couple of years.
FRHC's Gross Margin of 72.70% is fine compared to the rest of the industry. FRHC outperforms 76.52% of its industry peers.
In the last couple of years the Gross Margin of FRHC has declined.
Industry RankSector 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%
FRHC Yearly Profit, Operating, Gross MarginsFRHC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

More info and screens

2

2. Health

2.1 Basic Checks

The number of shares outstanding for FRHC has been increased compared to 1 year ago.
Compared to 5 years ago, FRHC has more shares outstanding
The debt/assets ratio for FRHC is higher compared to a year ago.
FRHC Yearly Shares OutstandingFRHC Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
FRHC Yearly Total Debt VS Total AssetsFRHC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

Based on the Altman-Z score of 1.34, we must say that FRHC is in the distress zone and has some risk of bankruptcy.
FRHC has a Altman-Z score of 1.34. This is in the better half of the industry: FRHC outperforms 61.74% of its industry peers.
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.
The Debt to FCF ratio of FRHC (4.51) is better than 66.96% 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 Debt to Equity ratio of 2.12. This is in the lower half of the industry: FRHC underperforms 76.96% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.12
Debt/FCF 4.51
Altman-Z 1.34
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B -1B

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.
Looking at the Current ratio, with a value of 0.78, FRHC is doing worse than 66.09% of the companies in the same industry.
FRHC has a Quick 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.
FRHC has a worse Quick ratio (0.78) than 66.09% of its industry peers.
Industry RankSector Rank
Current Ratio 0.78
Quick Ratio 0.78
FRHC Yearly Current Assets VS Current LiabilitesFRHC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

More info and screens

4

3. Growth

3.1 Past

The earnings per share for FRHC have decreased by -5.40% in the last year.
The Earnings Per Share has been growing by 121.00% on average over the past years. This is a very strong growth
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.
FRHC Yearly Revenue VS EstimatesFRHC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B
FRHC Yearly EPS VS EstimatesFRHC Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2 4 6

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 31.65, FRHC can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of FRHC indicates a slightly more expensive valuation: FRHC is more expensive than 71.30% of the companies listed in the same industry.
FRHC's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.82.
Industry RankSector Rank
PE 31.65
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

4.2 Price Multiples

86.09% of the companies in the same industry are more expensive than FRHC, based on the Enterprise Value to EBITDA ratio.
FRHC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FRHC is cheaper than 61.74% of the companies in the same industry.
Industry RankSector Rank
P/FCF 17.33
EV/EBITDA 11.37
FRHC Per share dataFRHC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

The decent profitability rating of FRHC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.26
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

No dividends for FRHC!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

FREEDOM HOLDING CORP/NV

NASDAQ:FRHC (5/23/2025, 8:16:54 PM)

169

-3.25 (-1.88%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-17 2025-02-17
Earnings (Next)06-12 2025-06-12
Inst Owners1.52%
Inst Owner Change44.23%
Ins Owners0.99%
Ins Owner Change-1.16%
Market Cap10.24B
Analysts0
Price TargetN/A
Short Float %1.89%
Short Ratio4.49
Dividend
Industry RankSector 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 RankSector Rank
PE 31.65
Fwd PE N/A
P/S 4.84
P/FCF 17.33
P/OCF 15.71
P/B 8.13
P/tB 8.78
EV/EBITDA 11.37
EPS(TTM)5.34
EY3.16%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)9.75
FCFY5.77%
OCF(TTM)10.76
OCFY6.37%
SpS34.91
BVpS20.78
TBVpS19.25
PEG (NY)N/A
PEG (5Y)0.26
Profitability
Industry RankSector 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 RankSector 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 1.34
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