Futu Holdings Stock Beta

FUTU Stock

USD 86.25 1.97 2.23%

Futu Holdings fundamentals help investors to digest information that contributes to Futu Holdings' financial success or failures. It also enables traders to predict the movement of Futu Stock. The fundamental analysis module provides a way to measure Futu Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Futu Holdings stock.

Cash Accounts Payable

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Futu Holdings Company Beta Analysis

Futu Holdings' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Futu Holdings Beta

0.75

Most of Futu Holdings' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Futu Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Futu Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Futu Holdings is extremely important. It helps to project a fair market value of Futu Stock properly, considering its historical fundamentals such as Beta. Since Futu Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Futu Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Futu Holdings' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Net Debt	Long Term Debt	Short Term Investments	Capital Surpluse	Long Term Investments	Intangible Assets	Net Invested Capital	Capital Stock	Current Deferred Revenue	Net Working Capital
Total Assets		0.97	0.97	0.86	0.94	0.78	0.94	0.82	0.86	0.5	0.88	0.88	0.38	0.84	0.79	0.91	0.75	0.84	0.95	0.98	-0.58	0.98
Total Stockholder Equity	0.97		1.0	0.95	0.88	0.86	0.87	0.74	0.76	0.42	0.79	0.81	0.2	0.71	0.88	0.87	0.74	0.92	0.94	0.95	-0.7	0.94
Net Tangible Assets	0.97	1.0		0.94	0.88	0.85	0.87	0.74	0.77	0.43	0.79	0.81	0.2	0.72	0.87	0.87	0.74	0.92	0.94	0.96	-0.69	0.94
Retained Earnings	0.86	0.95	0.94		0.72	0.96	0.7	0.52	0.53	0.27	0.64	0.7	-0.01	0.49	0.96	0.77	0.52	0.99	0.83	0.85	-0.87	0.84
Accounts Payable	0.94	0.88	0.88	0.72		0.6	1.0	0.84	0.91	0.51	0.93	0.85	0.43	0.86	0.6	0.86	0.78	0.7	0.96	0.94	-0.38	0.95
Net Receivables	0.78	0.86	0.85	0.96	0.6		0.59	0.48	0.35	0.28	0.57	0.67	0.08	0.45	0.99	0.73	0.32	0.93	0.73	0.76	-0.96	0.77
Total Liab	0.94	0.87	0.87	0.7	1.0	0.59		0.87	0.92	0.53	0.92	0.85	0.49	0.89	0.6	0.86	0.77	0.67	0.96	0.94	-0.37	0.95
Short Long Term Debt	0.82	0.74	0.74	0.52	0.84	0.48	0.87		0.82	0.5	0.74	0.67	0.69	0.93	0.52	0.68	0.74	0.43	0.85	0.77	-0.28	0.83
Total Current Assets	0.86	0.76	0.77	0.53	0.91	0.35	0.92	0.82		0.47	0.81	0.74	0.45	0.87	0.38	0.75	0.9	0.5	0.84	0.84	-0.09	0.84
Short Term Debt	0.5	0.42	0.43	0.27	0.51	0.28	0.53	0.5	0.47		0.7	0.76	0.43	0.6	0.3	0.74	0.42	0.26	0.47	0.61	-0.16	0.4
Common Stock	0.88	0.79	0.79	0.64	0.93	0.57	0.92	0.74	0.81	0.7		0.9	0.44	0.8	0.56	0.89	0.66	0.64	0.85	0.9	-0.37	0.83
Property Plant Equipment	0.88	0.81	0.81	0.7	0.85	0.67	0.85	0.67	0.74	0.76	0.9		0.49	0.82	0.65	0.99	0.54	0.7	0.8	0.93	-0.49	0.85
Net Debt	0.38	0.2	0.2	-0.01	0.43	0.08	0.49	0.69	0.45	0.43	0.44	0.49		0.78	0.07	0.4	0.17	-0.08	0.32	0.34	0.07	0.43
Long Term Debt	0.84	0.71	0.72	0.49	0.86	0.45	0.89	0.93	0.87	0.6	0.8	0.82	0.78		0.46	0.8	0.68	0.43	0.81	0.82	-0.21	0.85
Short Term Investments	0.79	0.88	0.87	0.96	0.6	0.99	0.6	0.52	0.38	0.3	0.56	0.65	0.07	0.46		0.72	0.38	0.92	0.74	0.76	-0.95	0.76
Capital Surpluse	0.91	0.87	0.87	0.77	0.86	0.73	0.86	0.68	0.75	0.74	0.89	0.99	0.4	0.8	0.72		0.6	0.77	0.85	0.96	-0.55	0.87
Long Term Investments	0.75	0.74	0.74	0.52	0.78	0.32	0.77	0.74	0.9	0.42	0.66	0.54	0.17	0.68	0.38	0.6		0.48	0.78	0.74	-0.1	0.68
Intangible Assets	0.84	0.92	0.92	0.99	0.7	0.93	0.67	0.43	0.5	0.26	0.64	0.7	-0.08	0.43	0.92	0.77	0.48		0.79	0.83	-0.85	0.81
Net Invested Capital	0.95	0.94	0.94	0.83	0.96	0.73	0.96	0.85	0.84	0.47	0.85	0.8	0.32	0.81	0.74	0.85	0.78	0.79		0.95	-0.55	0.96
Capital Stock	0.98	0.95	0.96	0.85	0.94	0.76	0.94	0.77	0.84	0.61	0.9	0.93	0.34	0.82	0.76	0.96	0.74	0.83	0.95		-0.56	0.95
Current Deferred Revenue	-0.58	-0.7	-0.69	-0.87	-0.38	-0.96	-0.37	-0.28	-0.09	-0.16	-0.37	-0.49	0.07	-0.21	-0.95	-0.55	-0.1	-0.85	-0.55	-0.56		-0.58
Net Working Capital	0.98	0.94	0.94	0.84	0.95	0.77	0.95	0.83	0.84	0.4	0.83	0.85	0.43	0.85	0.76	0.87	0.68	0.81	0.96	0.95	-0.58

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Futu Holdings

In accordance with the recently published financial statements, Futu Holdings has a Beta of 0.747. This is 8.9% lower than that of the Capital Markets sector and 68.08% lower than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.

Futu Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Futu Holdings' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Futu Holdings could also be used in its relative valuation, which is a method of valuing Futu Holdings by comparing valuation metrics of similar companies.

Futu Holdings is currently under evaluation in beta category among its peers.

Futu Holdings Current Valuation Drivers

We derive many important indicators used in calculating different scores of Futu Holdings from analyzing Futu Holdings' financial statements. These drivers represent accounts that assess Futu Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Futu Holdings' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	9.0B	46.0B	50.7B	45.2B	59.8B	62.7B
Enterprise Value	10.3B	55.8B	57.2B	42.9B	60.7B	63.7B

Futu Holdings ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Futu Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Futu Holdings' managers, analysts, and investors.

Environmental

Governance

Social

Futu Holdings Institutional Holders

Institutional Holdings refers to the ownership stake in Futu Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Futu Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Futu Holdings' value.

		Shares
Tairen Capital Ltd	2024-09-30	566 K
Ubs Asset Mgmt Americas Inc	2024-09-30	558.7 K
Voloridge Investment Management, Llc	2024-09-30	557.5 K
Geode Capital Management, Llc	2024-09-30	545.9 K
E Fund Management Co., Ltd.	2024-09-30	503.8 K
Legal & General Group Plc	2024-09-30	468.8 K
Goldman Sachs Group Inc	2024-09-30	433.1 K
Healthcare Of Ontario Pension Plan Trust Fund	2024-09-30	417.6 K
Veritas Asset Management Llp	2024-09-30	413.5 K
Aspex Management (hk) Ltd	2024-09-30	4.6 M
Morgan Stanley - Brokerage Accounts	2024-09-30	3 M

As returns on the market increase, Futu Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Futu Holdings is expected to be smaller as well.

Futu Fundamentals

	Return On Equity	0.17
	Return On Asset	0.0374
	Profit Margin	0.44 %
	Operating Margin	0.54 %
	Current Valuation	10.79 B
	Shares Outstanding	93.48 M
	Shares Owned By Insiders	16.15 %
	Shares Owned By Institutions	38.52 %
	Number Of Shares Shorted	5.02 M
	Price To Earning	40.61 X
	Price To Book	3.22 X
	Price To Sales	1.28 X
	Revenue	9.1 B
	Gross Profit	6.62 B
	EBITDA	5.18 B
	Net Income	4.28 B
	Cash And Equivalents	6.3 B
	Cash Per Share	44.24 X
	Total Debt	5.89 B
	Debt To Equity	0.23 %
	Current Ratio	1.20 X
	Book Value Per Share	178.30 X
	Cash Flow From Operations	(6.34 B)
	Short Ratio	0.61 X
	Earnings Per Share	4.08 X
	Target Price	912.06
	Number Of Employees	3.21 K
	Beta	0.75
	Market Capitalization	12.17 B
	Total Asset	97.14 B
	Retained Earnings	11.36 B
	Working Capital	23 B
	Current Asset	1.11 M
	Current Liabilities	1.59 M
	Net Asset	97.14 B

About Futu Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Futu Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Futu Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Futu Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Futu Stock Analysis

When running Futu Holdings' price analysis, check to measure Futu Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Futu Holdings is operating at the current time. Most of Futu Holdings' value examination focuses on studying past and present price action to predict the probability of Futu Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futu Holdings' price. Additionally, you may evaluate how the addition of Futu Holdings to your portfolios can decrease your overall portfolio volatility.

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