FREEDOM HOLDING CORP/NV (FRHC) Stock Fundamental Analysis
NASDAQ:FRHC - Nasdaq - US3563901046 - Common Stock - Currency: USD
Overall FRHC gets a fundamental rating of 3 out of 10. We evaluated FRHC against 237 industry peers in the Capital Markets industry. There are concerns on the financial health of FRHC while its profitability can be described as average. While showing a medium growth rate, FRHC is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
FRHC had positive earnings in the past year.
FRHC had a positive operating cash flow in the past year.
In the past 5 years FRHC has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: FRHC reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.85%, FRHC is doing worse than 67.93% of the companies in the same industry.
The Return On Equity of FRHC (6.97%) is comparable to the rest of the industry.
FRHC's Return On Invested Capital of 11.05% is amongst the best of the industry. FRHC outperforms 86.50% of its industry peers.
FRHC had an Average Return On Invested Capital over the past 3 years of 12.87%. This is significantly above the industry average of 7.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.85% | ||
| ROE | 6.97% | ||
| ROIC | 11.05% |
ROA(3y)3.14%
ROA(5y)4.72%
ROE(3y)21.88%
ROE(5y)32.14%
ROIC(3y)12.87%
ROIC(5y)12.67%
1.3 Margins
FRHC's Profit Margin of 4.26% is on the low side compared to the rest of the industry. FRHC is outperformed by 67.51% of its industry peers.
FRHC's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 29.44%, FRHC perfoms like the industry average, outperforming 55.70% of the companies in the same industry.
FRHC's Operating Margin has been stable in the last couple of years.
FRHC has a better Gross Margin (66.00%) than 72.57% of its industry peers.
FRHC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.44% | ||
| PM (TTM) | 4.26% | ||
| GM | 66% |
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%
2. Health
2.1 Basic Checks
The number of shares outstanding for FRHC has been increased compared to 1 year ago.
FRHC has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FRHC has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.26, we must say that FRHC is in the distress zone and has some risk of bankruptcy.
FRHC has a Altman-Z score (1.26) which is in line with its industry peers.
The Debt to FCF ratio of FRHC is 1.19, which is an excellent value as it means it would take FRHC, only 1.19 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FRHC (1.19) is better than 88.19% of its industry peers.
FRHC has a Debt/Equity ratio of 1.55. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.55, FRHC is doing worse than 74.26% 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 1.19 | ||
| Altman-Z | 1.26 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.95 indicates that FRHC may have some problems paying its short term obligations.
FRHC's Current ratio of 0.95 is on the low side compared to the rest of the industry. FRHC is outperformed by 60.34% of its industry peers.
A Quick Ratio of 0.95 indicates that FRHC may have some problems paying its short term obligations.
FRHC has a Quick ratio (0.95) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
FRHC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 49.61%, which is quite impressive.
The Earnings Per Share has been growing by 46.89% 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 97.85%.
The Revenue has been growing by 108.95% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)49.61%
EPS 3Y217.2%
EPS 5Y46.89%
EPS Q2Q%N/A
Revenue 1Y (TTM)97.85%
Revenue growth 3Y105.97%
Revenue growth 5Y108.95%
Sales Q2Q%24.01%
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
Based on the Price/Earnings ratio of 50.08, the valuation of FRHC can be described as expensive.
FRHC's Price/Earnings ratio is a bit more expensive when compared to the industry. FRHC is more expensive than 76.37% of the companies in the same industry.
FRHC is valuated expensively when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.08 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FRHC is valued a bit cheaper than the industry average as 77.64% of the companies are valued more expensively.
FRHC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FRHC is cheaper than 80.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.88 | ||
| EV/EBITDA | 17.52 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.07
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 |
178.29
-7.66 (-4.12%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners2.07%
Inst Owner Change13.57%
Ins Owners1.23%
Ins Owner Change1.76%
Market Cap10.91B
Analysts0
Price TargetN/A
Short Float %3.79%
Short Ratio3.63
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 | 50.08 | ||
| Fwd PE | N/A | ||
| P/S | 5.49 | ||
| P/FCF | 6.88 | ||
| P/OCF | 6.49 | ||
| P/B | 8.99 | ||
| P/tB | 9.82 | ||
| EV/EBITDA | 17.52 |
EPS(TTM)3.56
EY2%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)25.91
FCFY14.53%
OCF(TTM)27.46
OCFY15.4%
SpS32.45
BVpS19.84
TBVpS18.15
PEG (NY)N/A
PEG (5Y)1.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.85% | ||
| ROE | 6.97% | ||
| ROCE | 20.59% | ||
| ROIC | 11.05% | ||
| ROICexc | 13.76% | ||
| ROICexgc | 14.19% | ||
| OM | 29.44% | ||
| PM (TTM) | 4.26% | ||
| GM | 66% | ||
| FCFM | 79.83% |
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)15.7%
ROICexgc(5y)14.99%
ROCE(3y)30.86%
ROCE(5y)27.65%
ROICexcg growth 3Y-4.1%
ROICexcg growth 5Y-1.29%
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-Score4
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 1.19 | ||
| Debt/EBITDA | 3.14 | ||
| Cap/Depr | 555.59% | ||
| Cap/Sales | 4.8% | ||
| Interest Coverage | 1.14 | ||
| Cash Conversion | 279.29% | ||
| Profit Quality | 1873.28% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 1.26 |
F-Score4
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)49.61%
EPS 3Y217.2%
EPS 5Y46.89%
EPS Q2Q%N/A
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)97.85%
Revenue growth 3Y105.97%
Revenue growth 5Y108.95%
Sales Q2Q%24.01%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-39.59%
EBIT growth 3Y10.29%
EBIT growth 5Y73.49%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y243.1%
FCF growth 3YN/A
FCF growth 5Y109.13%
OCF growth 1Y257.94%
OCF growth 3YN/A
OCF growth 5Y106.96%