Freedom Holding Corp. (NASDAQ: FRHC) is a Financial Services company in the Financial - Capital Markets industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | 61.55 | EPS (ttm) | 2.51 | Insider Own | - | Shs Outstand | 61.29M | Perf Week | -0.08% |
| Market Cap | 9.47B | Forward P/E | 35.52 | EPS next Y | 4.35 | Insider Trans | 0.00% | Shs Float | 18.04M | Perf Month | 2.83% |
| Enterprise Value | 7.50B | PEG | - | EPS next Q | - | Inst Own | - | Short Float | 1.80% | Perf Quarter | 9.85% |
| Income | 153.00M | P/S | 4.43 | EPS this Y | 150.60% | Inst Trans | - | Short Ratio | 7.08 | Perf Half Y | 25.90% |
| Sales | 2.14B | P/B | 6.36 | EPS next Y | -30.84% | ROA | 1.17% | Short Interest | 1.10M | Perf YTD | 26.97% |
| Book/sh | 24.29 | P/C | 2.20 | EPS next 5Y | -15.42% | ROE | 11.50% | 52W High | 194.00 -20.36% | Perf Year | -15.19% |
| Cash/sh | 70.30 | P/FCF | 166.77 | EPS past 3/5Y | -10.06% -0.39% | ROIC | 8.82% | 52W Low | 107.98 43.08% | Perf 3Y | 94.07% |
| Dividend Est. | - | EV/EBITDA | 10.01 | Sales past 3/5Y | 40.14% 44.56% | Gross Margin | 58.11% | Volatility | 3.44% 6.17% | Perf 5Y | 144.97% |
| Dividend TTM | - | EV/Sales | 3.50 | EPS Y/Y TTM | 79.29% | Oper. Margin | 30.60% | ATR (14) | 8.35 | Perf 10Y | - |
| Dividend Ex-Date | Sep 03, 2002 | Quick Ratio | 1.35 | Sales Y/Y TTM | 5.21% | Profit Margin | 7.17% | RSI (14) | 52.15 | Recom | - |
| Dividend Gr. 3/5Y | - | Current Ratio | 1.35 | EPS Q/Q | -90.15% | SMA20 | -0.61% | Beta | 0.69 | Target Price | 138.00 |
| Payout | 0.00% | Debt/Eq | 1.57 | Sales Q/Q | 4.71% | SMA50 | 4.28% | Rel Volume | 0.35 | Prev Close | 152.76 |
| Employees | 11,846 | LT Debt/Eq | 0.88 | Earnings | Aug 10 | SMA200 | 10.40% | Avg Volume | 159.72K | Price | 154.50 |
| IPO Date | Feb 07, 2018 | Option/Short | Yes / Yes | EPS/Sales Surpr. | -85.06% 232.37% | Net Debt/EBITDA | 1.83 | Volume | 56,136 | Change | 1.14% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Feb-26-26 | Reiterated | Loop Capital Markets | $59 → $138 | |
| Jan-22-26 | Reiterated | Loop Capital Markets | $155 → $59 | |
| Jan-02-26 | Reiterated | Loop Capital Markets | $100 → $155 | |
| Dec-04-25 | Reiterated | Loop Capital Markets | $100 |
Freedom Holding Corp. operates as a diverse financial services organization, offering a broad spectrum of services through its network of subsidiaries. The company specializes in retail and corporate financial solutions, encompassing brokerage, investment analysis, advisory services, securities trading, and market making. It also extends into retail banking, corporate investment banking, and underwriting. For individual and institutional investors, the firm provides access to an extensive range of financial instruments, including equities and debt securities traded on exchanges and over-the-counter, money market products, exchange-traded options and futures, government bonds, and mutual funds. Complementing these offerings, it facilitates margin lending secured by client assets, delivers educational courses for investors, and conducts detailed investment research. The company's commercial banking operations furnish essential services such as payment cards, digital mortgage processing, and digital auto loans. Furthermore, it makes various insurance products accessible to its clientele. In the realm of corporate finance, Freedom Holding Corp. assists businesses in capital raising through initial public offerings (IPOs) and subsequent share offerings. It also crafts and distributes debt capital market solutions, supporting diverse corporate needs like acquisitions, leveraged buyouts, funding for growth, and financial restructuring. Beyond client-focused services, the company actively participates in proprietary trading and investment activities. This includes engaging in repurchase and reverse repurchase agreements, managing short positions, and settling other securities-related obligations to address customer requirements and finance its own asset holdings. Operational efficiency is enhanced by its proprietary Tradernet software platform, which plays a crucial role in assessing client margin risk and managing middle office security transfers. Headquartered in Almaty, Kazakhstan, and established in 1981, the company maintains a significant global footprint, conducting operations across Central Asia, Europe, the United States, Russia, and the Middle East/Caucasus regions. It was previously known as BMB Munai, Inc. before rebranding as Freedom Holding Corp.
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| Line Item (USD, M) | TTM — | FY 2026 3/31/2026 | FY 2025 3/31/2025 | FY 2024 3/31/2024 | FY 2023 3/31/2023 | FY 2022 3/31/2022 | FY 2021 3/31/2021 | FY 2020 3/31/2020 | FY 2019 3/31/2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,139 | 2,191 | 2,033 | 1,657 | 796 | 690 | 347 | 83 | 74 | |
| Cost of Goods Sold Incl. D&A | 895 | 610 | 964 | 492 | 225 | 187 | 146 | 19 | 6 | |
| Gross Profit | 1,244 | 1,581 | 1,070 | 1,164 | 571 | 503 | 201 | 64 | 68 | |
| Selling, General and Administrative Excl. Other | 341 | 866 | 376 | 216 | 100 | 56 | 23 | 0 | 0 | |
| Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Operating Expense | 248 | 0 | 62 | 21 | 29 | 2 | 0 | 26 | 45 | |
| Operating Income | 654 | 715 | 632 | 927 | 441 | 445 | 178 | 38 | 23 | |
| Interest Expense | 488 | 489 | 536 | 501 | 209 | 77 | 22 | 10 | 15 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 61 | 0 | 17 | 10 | 3 | -4 | -4 | 1 | 0 | |
| Net Income Before Taxes | 226 | 226 | 113 | 435 | 236 | 364 | 152 | 29 | 9 | |
| Income Taxes | 73 | 73 | 28 | 60 | 43 | 39 | 23 | 5 | 1 | |
| Consolidated Net Income | 153 | 153 | 85 | 376 | 205 | 227 | 150 | 25 | 7 | |
| Net Income From Continuing Operations | 153 | 153 | 85 | 375 | 193 | 325 | 128 | 24 | 7 | |
| Net Income | 153 | 153 | 85 | 376 | 205 | 227 | 150 | 25 | 7 | |
| EPS (Recurring) | 2.56 | 2.56 | 1.43 | 6.37 | 3.50 | 3.84 | 2.56 | 0.43 | 0.12 | |
| EPS (Basic, Before Extraordinaries) | 2.56 | 2.56 | 1.43 | 6.37 | 3.50 | 3.84 | 2.56 | 0.43 | 0.12 | |
| EPS (Diluted) | 2.51 | 2.51 | 1.40 | 6.33 | 3.45 | 3.84 | 2.56 | 0.43 | 0.12 | |
| EBITDA | 749 | 750 | 666 | 951 | 450 | 444 | 177 | 40 | 25 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 61.55 | 57.72 | 94.41 | 11.15 | 20.83 | 15.52 | 20.84 | 33.02 | 72.25 | |
| Price To Sales Ratio | 4.41 | 3.97 | 3.84 | 2.51 | 5.33 | 5.10 | 8.92 | 9.92 | 6.80 | |
| Gross Margin | 58.16 | 72.16 | 52.63 | 70.25 | 71.73 | 72.90 | 57.93 | 77.11 | 91.89 | |
| Operating Margin | 30.58 | 32.63 | 31.09 | 55.94 | 55.40 | 64.49 | 51.30 | 45.78 | 31.08 | |
| Net Margin | 7.15 | 6.98 | 4.18 | 22.69 | 25.75 | 32.90 | 43.23 | 30.12 | 9.46 | |
| Shares Outstanding | 61 | 60 | 59 | 59 | 59 | 59 | 58 | 58 | 58 | |
| Market Capitalization | 9,425 | 8,693 | 7,798 | 4,164 | 4,240 | 3,516 | 3,095 | 824 | 503 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| CHERDABAYEV BORIS | Director | Dec 29 '25 | Sale | 125.72 | 186 | 23,384 | 121 | Jul 22 |
| CHERDABAYEV BORIS | Director | Nov 06 '25 | Sale | 136.33 | 150 | 20,450 | 307 | Jul 22 |
| CHERDABAYEV BORIS | Director | Nov 04 '25 | Sale | 141.88 | 300 | 42,564 | 457 | Jul 22 |
| Gamble Andrew | Director | Jun 22 '26 | Sale | 141.04 | 357 | 50,351 | 677 | Jun 24 |
| Tukanov Renat | CHIEF TECHNOLOGY OFFICER | Jun 22 '26 | Sale | 140.82 | 1,800 | 253,476 | 10,200 | Jun 24 |
| Yerdessov Azamat | Freedom Life Chief Exec. Ofc. | Jun 04 '26 | Sale | 155.48 | 16,800 | 2,611,990 | 227,442 | Jun 08 |
| Lukyanov Sergey | *See Remarks | Feb 25 '26 | Buy | 120.42 | 12,000 | 1,445,040 | 152,425 | Feb 27 |
| Lukyanov Sergey | *See Remarks | Feb 24 '26 | Buy | 120.66 | 8,000 | 965,280 | 140,425 | Feb 27 |
| Gamble Andrew | Director | Feb 12 '26 | Sale | 119.39 | 400 | 47,756 | 357 | Feb 17 |
| Lukyanov Sergey | *See Remarks | Aug 29 '25 | Buy | 171.67 | 5,725 | 982,811 | 132,425 | Sep 02 |
| Tukanov Renat | CHIEF TECHNOLOGY OFFICER | Aug 29 '25 | Sale | 173.25 | 3,006 | 520,791 | 3,000 | Sep 02 |
| Yerdessov Azamat | Freedom Life Chief Exec. Ofc. | Aug 27 '25 | Sale | 177.00 | 2,007 | 355,239 | 160,493 | Aug 28 |
| Lukyanov Sergey | *See Remarks | Jul 01 '25 | Buy | 146.64 | 3,100 | 454,584 | 126,700 | Jul 02 |
| Lukyanov Sergey | *See Remarks | Jun 30 '25 | Buy | 144.05 | 3,800 | 547,390 | 123,600 | Jul 02 |
| Tashtitov Askar | President | Jun 20 '25 | Buy | 140.75 | 600 | 84,450 | 137,208 | Jun 20 |