# Freedom Holding Corp. (FRHC) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Financial Services / Capital Markets. Price $186.83, market value $11.9 billion.

## Valuation
- **P/E (trailing): 74.1×** (5-yr avg 42.0×, 3-yr avg 57.9×). Freedom Holding Corp. trades at 74.1× trailing earnings, well above its own five-year average of 42.0×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 41.5×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.42**. A PEG of 0.42 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 5.0×**. Each dollar of revenue is priced at 5.0×.
- **Price / book: 7.5×**. The shares trade at 7.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -7.4%** (5-yr avg -8.2%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 1.3%**. The inverse of the P/E: 1.3% of the price is earned each year.

## Profitability
- **Net margin: 7.0%**. 7.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.3%**. 10.3% on shareholders' equity is solid.
- **Return on assets: 1.2%**. Each dollar of assets produces 1.2% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 9.3%** (3-yr 40.0%/yr, 5-yr 44.6%/yr). Revenue grew 9.3% over the last year, against 44.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 99.2%** (3-yr -10.1%/yr, 5-yr -0.4%/yr). Earnings per share rose 99.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: $966 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. Freedom Holding Corp. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 21.9%** (YTD 53.9%, 3-mo 22.6%). The shares are up 21.9% over twelve months including dividends.
- **From 52-week high: -1.8%** (73.0% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 66**. An RSI of 66 is neutral.
- **Beta (1 yr): 0.96** (volatility 47%). Beta of 0.96 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FRHC · Page: https://foliofundamentals.com/stocks/frhc

Not investment advice.