Freedom Holding Corp. (FRHC)

Financial Services
Financial Conglomerates
United States
Yahoo Finance  •  Trading View  •  Company site
Price
$169.69
▼ -2.29 (-1.33%)
Market Cap
$10,388,708,352
Shares: 59,393,629
P/E
92.74
P/B: 6.46
ROE
6.97%
Current Ratio: 1.32
Fundamentals Score
63 (NEUTRAL)

Company Overview

Freedom Holding Corp., through its subsidiaries, provides securities brokerage, securities dealing, market making, investment research, investment counseling, retail and commercial banking, and insurance products. It offers retail brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; securities trading; underwriting services; margin lending services collateralized by securities and cash in the customer's account; various investment education and training courses; investment research services; and commercial banking services, including payment cards, digital mortgages, and digital business and digital auto loans, as well as Freedom Box, a package of payment acquiring services. The company also provides capital raising solutions for corporate clients through initial public offerings and follow-on offerings; and debt capital markets solutions that focuses on structuring and distributing private and public debt for various purposes, including buyouts, acquisitions, growth capital financings, and recapitalizations, as well as information processing services. In addition, it facilitates repurchase and reverse repurchase agreements in proprietary trading activities; and covers short positions and settle other securities obligations to accommodate customers' needs and finance its inventory positions. Further, the company offers proprietary trading and investment services; and Tradernet software platform for client margin risk evaluation and middle office security transfer requests. It operates in Kazakhstan, Armenia, Cyprus, the United States, and internationally. The company was formerly known as BMB Munai, Inc. Freedom Holding Corp. is based in New York, New York.

Headquarters: 40 Wall Street, New York, NY, 10005, United States  |  Employees: 9715  |  Website: freedomholdingcorp.com
Key Contacts
IR / Phone: 212 980 4400
Exchange: NCM
Industry: Financial Conglomerates
Quick Financial Snapshot
Revenue$2,033,455,000
Net Income$84,650,000
Free Cash Flow$1,585,730,000
Book Value / Share$20.45

Balance Sheet & Liquidity

Total Liabilities$8,699,659,000
Total Equity$1,214,241,000
Debt / Equity1.61
Current Ratio1.32
Interest Coverage1.18
Working Capital$2,286,564,000

Valuation Metrics

Core multiples and valuation signals — useful to compare vs peers.

P/E (TTM)92.74
Industry P/EN/A
Forward P/E37.71
P/B6.46
Price / Sales3.86
P / FCF4.95
EV / EBITDA13.46
Graham Number$25.60
DCF (placeholder)
Notes: red items typically indicate expensive multiples relative to fundamentals. Use the "Compare with industry" tool for context.

EPS (Annual)

Financial Performance

Revenue vs Net Income

Free Cash Flow (annual)

Profitability & Efficiency

Gross Margin 52.61%
Operating Margin 31.07%
Net Margin 4.16%
ROIC 11.48%
Asset Turnover 0.21

Automated Fundamental Signals (Score: 63)

Passed
  • Price CAGR 54.00%
  • ROIC 11.5%
  • Gross Margin 52.6%
  • P/FCF 4.95
  • Operating Margin 31.1%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Debt/EBITDA
  • Low reliance on intangibles
  • DCF valuation (Undervalued)
Failed
  • EPS shows upward trend
  • EPS CAGR -13.55%
  • P/B Ratio 6.46
  • Debt/Equity ratio
  • Interest Coverage
  • Return on Tangible Assets
  • Price below Graham Number

Price Chart (Candlestick)

Technical Analysis (Score: 85)

RSI (14)50.01
SMA 50171.33
SMA 200152.89
MACD-0.10
Signal BULLISH
RSI 50.0, SMA trend bullish, momentum 71.1%.

Governance & Management

Governance scores: Audit: 9 | Board: 9 | Compensation: 6 | Shareholder Rights: 7
Executive Team
NameTitle
Mr. Timur Ruslanovich Turlov CEO & Chairman of the Board (1988)
Mr. Askar Bolatovich Tashtitov President & Director (1979)
Mr. Evgeny Oskarovich Ler Chief Financial Officer (1983)
Mr. Jason M. Kerr Chief Legal Officer & Acting Corporate Secretary (1972)
Mr. Sergey Lukyanov Chairman of the Management Board of Freedom Finance JSC & Freedom Finance Global PLC (1975)
Mr. Tukanov Renat Sautzhanovich Chief Technology Officer (1981)
Mr. Azamat Yerdessov Chief Executive Officer of Freedom Life (1985)
Mr. Kairat Akhmetov CEO of Freedom Telecom Operations LLP & Freedom Telecom Holding Ltd (1982)
Governance data last updated: 10/1/2025

Latest News

Freedom Holding Corp. (FRHC) Shares Included in The Motley Fool’s TMF Moneyball Portfolio
Yahoo • Oct 14, 2025 • Neutral

New York, United States, October 14th, 2025, FinanceWire

Freedom Holding (NasdaqCM:FRHC): Reassessing Valuation After Board Shakeup and Push Into Digital Sectors
Yahoo • Oct 6, 2025 • Neutral

Freedom Holding (NasdaqCM:FRHC) is turning heads as it pushes beyond its roots as a brokerage firm, expanding into a multi-faceted digital player across banking, insurance, telecom, and e-commerce. Recent board elections and Deloitte’s auditor appointment add another layer to its evolving story. See our latest analysis for Freedom Holding. Freedom Holding’s ambitions are starting to show up in the numbers. While the share price has been relatively steady lately, the 1-year total shareholder...

LD Micro Celebrates the 2,000th Company: MDB Capital Holdings (MDBH)
Yahoo • Oct 6, 2025 • Positive

Santa Monica, California and Addison, Texas--(Newsfile Corp. - October 6, 2025) - LD Micro, a premier resource for microcap investors and a wholly owned subsidiary of Freedom US Markets, and MDB Capital Holdings, LLC (NASDAQ: MDBH) ("MDB"), a public venture platform focused on launching category-leading "Big Idea" companies, today announced an important milestone nearly two decades in the making.MDB has become LD Micro's 2,000th presenting company, marking a new chapter for a platform...

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