Freedom Holding Corp Stock Today

FRHC Stock  USD 118.43  1.05  0.89%   

Performance

19 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Freedom Holding is trading at 118.43 as of the 28th of November 2024, a 0.89% increase since the beginning of the trading day. The stock's open price was 117.38. Freedom Holding has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for Freedom Holding Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
3rd of October 2017
Classification
Financials
Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, research, investment counseling, securities trading, market making, retail banking, corporate investment banking, and underwriting services. Freedom Holding Corp. was incorporated in 1981 and is headquartered in Almaty, Kazakhstan. The company has 60.61 M outstanding shares of which 469.68 K shares are currently shorted by private and institutional investors with about 4.04 trading days to cover. More on Freedom Holding Corp

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Freedom Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman of the Board, CEOTimur Turlov
Thematic IdeaInvesting (View all Themes)
Business ConcentrationInvestment Banking & Brokerage, Financial Services, NASDAQ Composite, ARCA Securities Broker, Investing, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.210.1279
Way Up
Slightly volatile
Gross Profit Margin0.920.5527
Way Up
Slightly volatile
Total Current Liabilities6.3 BB
Sufficiently Up
Slightly volatile
Non Current Liabilities Total7.5 B7.1 B
Sufficiently Up
Slightly volatile
Total Assets8.7 B8.3 B
Sufficiently Up
Slightly volatile
Total Current Assets2.6 B2.4 B
Sufficiently Up
Slightly volatile
Debt Levels
Freedom Holding can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Freedom Holding's financial leverage. It provides some insight into what part of Freedom Holding's total assets is financed by creditors.
Liquidity
Freedom Holding Corp currently holds 3.07 B in liabilities with Debt to Equity (D/E) ratio of 1.69, which is about average as compared to similar companies. Freedom Holding Corp has a current ratio of 1.16, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Note, when we think about Freedom Holding's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(1.05 Billion)
Freedom Holding Corp (FRHC) is traded on NASDAQ Exchange in USA. It is located in Esentai Tower BC, Almaty, Kazakhstan, 050040 and employs 7,146 people. Freedom Holding is listed under Investment Banking & Brokerage category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.11 B. Freedom Holding Corp conducts business under Capital Markets sector and is part of Financials industry. The entity has 60.61 M outstanding shares of which 469.68 K shares are currently shorted by private and institutional investors with about 4.04 trading days to cover. Freedom Holding Corp currently holds about 2.15 B in cash with (1.06 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.11.
Check Freedom Holding Probability Of Bankruptcy
Ownership Allocation
Freedom Holding holds a total of 60.61 Million outstanding shares. Freedom Holding Corp shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 70.74 percent of Freedom Holding Corp outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Freedom Ownership Details

Freedom Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
16.6 K
Susquehanna International Group, Llp2024-06-30
14.1 K
American Century Companies Inc2024-09-30
12.2 K
Jpmorgan Chase & Co2024-06-30
8.7 K
Marshall Wace Asset Management Ltd2024-06-30
8.2 K
Hhg Plc2024-06-30
7.7 K
Great West Life Assurance Co2024-09-30
7.2 K
Citadel Advisors Llc2024-09-30
7.1 K
Bank Of America Corp2024-06-30
6.5 K
Blackrock Inc2024-06-30
65.4 K
Vanguard Group Inc2024-09-30
57.6 K
View Freedom Holding Diagnostics

Freedom Holding Historical Income Statement

At present, Freedom Holding's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.1 B, whereas Total Other Income Expense Net is projected to grow to (197.5 M). View More Fundamentals

Freedom Stock Against Markets

Freedom Holding Corporate Executives

Elected by the shareholders, the Freedom Holding's board of directors comprises two types of representatives: Freedom Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Freedom. The board's role is to monitor Freedom Holding's management team and ensure that shareholders' interests are well served. Freedom Holding's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Freedom Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
Evgeny LerCFO, TreasurerProfile
Evgeniy LerCFO, TreasurerProfile
When determining whether Freedom Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freedom Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freedom Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freedom Holding Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freedom Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
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Is Investment Banking & Brokerage space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freedom Holding. If investors know Freedom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freedom Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Earnings Share
5.7
Revenue Per Share
22.019
Quarterly Revenue Growth
0.5
Return On Assets
0.0427
The market value of Freedom Holding Corp is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Holding's value that differs from its market value or its book value, called intrinsic value, which is Freedom Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freedom Holding's market value can be influenced by many factors that don't directly affect Freedom Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freedom Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.