US · USD
FRHC
Freedom Holding Corp
- Day's range
- $171.59 – $177.50
- Day's volume
- $15.8M
- 52-week range
- $112.03 – $176.37
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See how FRHC weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountFRHC in numbers
- Market cap
- $11.1B
- P/E
- 71.74
- P/B
- 7.22
- Dividend yield (12m)
- 0.00%
FRHC trades at 71.74 times its earnings of the last 12 months.
FRHC price history
FRHC risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +31.81% | +113.56% | +159.73% |
| Volatility (annualized) | 33.75% | 34.88% | 36.24% |
| Largest drawdown | -12.92% | -35.33% | -38.60% |
| Positive months | 7/12 | 21/36 | 32/60 |
How much did investing in FRHC return?
$1,000.00 invested on 11/01/2021 would be worth $2,597.25 today.
- Value today in FRHC
- $2,597.25
- Return over the period
- +159.73%
- Return per year
- +21.37%
- In the S&P 500
- $1,712.05
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
FRHC fundamentals
Valuation
- P/E71.74
- P/B7.22
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue4.64
- P/EBIT—
- P/S4.64
- P/OCF-17.40
- P/FCF-12.48
- Earnings yield—
- PEG ratio—
- Earnings per share$2.42
- Book value per share$24.07
Efficiency
- Gross margin95.78%
- EBITDA margin—
- Operating margin—
- Net margin6.47%
- Asset turnover0.17
Profitability
- ROE10.07%
- ROA1.10%
- ROIC—
- Payout0.00%
Growth
- Revenue CAGR (5 years)39.53%
- Earnings CAGR (5 years)-3.11%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is FRHC's fair price?
Two classic value formulas, with today's numbers. The current price is $173.86.
- Graham's fair price
- $36.23
- 79.16% below the price
√(22.50 × $2.42 × $24.07)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- —
- Does not apply to FRHC: it paid no distributions in the last five years.
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
FRHC's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| P/E | 69.50 | 97.62 | 20.90 | 23.44 | 15.24 | 27.55 | 120.56 | 118.19 |
| P/B | 7.16 | 6.08 | 6.81 | 6.19 | 6.26 | 14.87 | 23.21 | 7.18 |
| Earnings per share | $2.50 | $1.25 | $6.25 | $3.44 | $3.82 | $2.52 | $0.43 | $0.12 |
| Book value per share | $24.30 | $20.01 | $19.19 | $13.03 | $9.30 | $4.66 | $2.21 | $2.02 |
| ROE | 10.30% | 6.23% | 32.58% | 26.39% | 41.09% | 53.96% | 19.25% | 6.08% |
| Gross margin | 96.37% | 98.44% | 98.94% | 100.00% | — | — | — | — |
| Net margin | 7.00% | 3.81% | 23.01% | 25.67% | 32.98% | 43.14% | 29.78% | 9.62% |
FRHC's financial statements
| Line | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Net revenue | $2.2B | $2B | $1.6B | $799.1M | $689.8M | $346.9M |
| Cost of revenue | -$79.6M | -$31.3M | -$17.5M | -$0 | — | — |
| Gross profit | $2.1B | $2B | $1.6B | $799.1M | — | — |
| EBITDA | — | — | — | — | — | — |
| EBIT | — | — | — | — | — | — |
| Financial result | — | — | — | — | — | — |
| Income before tax | $226M | $104.6M | $438.9M | $235.9M | $363.7M | $151.8M |
| Income tax | -$72.6M | -$28.4M | -$60.4M | -$42.8M | -$38.6M | -$23.3M |
| Net income | $153.3M | $76.3M | $379.1M | $205.1M | $227.5M | $149.7M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does FRHC pay dividends?
FRHC has no distributions on record.
About Freedom Holding
- Sector
- Finance, insurance and real estate
Questions about FRHC
How much is FRHC today?
FRHC is at $173.86 (0.21% on the day), last traded on 10/06/2026.
What are the P/E and P/B of FRHC?
FRHC trades at a P/E of 71.74 and a P/B of 7.22.
How much did FRHC return in 12 months?
FRHC returned 31.81% in 12 months, with annualized volatility of 33.75% and a largest drawdown of -12.92%.