Freedom Holding Corp. (FRHC) is a publicly traded company in the Financial Services — Financial - Conglomerates industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Freedom Holding Corp. operates as a diverse financial services organization, offering a broad spectrum of services through its network of subsidiaries. The company specializes in retail and corporate financial solutions, encompassing brokerage, investment analysis, advisory services, securities trading, and market making. It also extends into retail banking, corporate investment banking, and underwriting.
Is Freedom Holding Corp. stock overvalued or undervalued in 2026?
Freedom Holding Corp. (FRHC) trades at 67.7× earnings (P/E), above the median of the 324 financial services companies over $2bn in Kaplio's universe. At its sector median (13.0×) $33 (-81 %).
Kaplio overview: Freedom Holding Corp.
Market cap $11B · 52 weeks $112 – $184 (0 % below the high) · P/E 67.7× · Dividend none · Next earnings November 6, 2026 · expected EPS $0.87 · Closing price, Oct 29 · accounts published Aug 10.
- Valuation: P/E 67.7× (expensive).
- Business: ROE 11.0 % (weak).
- Balance sheet: Debt/Equity 1.82 (fragile).
- Earnings: 3 of 8 (disappointing).
What would it be worth at its usual multiples?
At its sector median (13.0×) $33 (-81 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in financial services: 2 of 6 pass
- ROE 11.0 %, fails.
- FCF / Net Income −24.9 %, fails.
- Debt / Equity 1.82, fails.
- P/E vs own 5y 67.7×, fails.
- 5y revenue growth 43.8 %, passes.
- Operating margin 32.6 %, passes, near the threshold.
Against its peers (reference peers) — Freedom Holding Corp.: P/E 67.7×; EV/EBITDA 16.1×; ROIC 11.4 %; $10.9B. Stifel Financial Corp (P/E 9.1×; EV/EBITDA 4.5×; ROIC 20.5 %; $10.1B), Jefferies Financial Group Inc. (P/E 13.1×; EV/EBITDA 20.8×; ROIC 2.0 %; $9.3B), Nomura Holdings, Inc. (P/E —; EV/EBITDA 1.8×; ROIC 22.1 %; $27.7B).
Profitability
| Return on Equity | 10.96% |
| Return on Invested Capital | 11.36% |
| Return on Assets | 1.10% |
| Gross Margin | 58.24% |
| Operating Margin | 30.66% |
| Net Margin | 6.62% |
Financial Health
| Debt / Equity | 1.82 |
| Current Ratio | 0.76 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 1.21 |
Price Performance
| 1 month | +9.78% |
| 3 months | +21.42% |
| Year-to-date | +50.95% |
| 1 year | +19.62% |
| 3 years | +123.88% |
| 5 years | +175.41% |
Dividend History
| Date | Amount |
|---|---|
| 2002-09-03 | $332.5000 |
Amounts adjusted for stock splits.
Related companies: MS · SCHW · UBS · RJF · NMR · SF · JEF
Explore sector: Financial Services · Financial - Conglomerates
More sections of FRHC: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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