Freedom Holding Corp
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 contract… Read more
Freedom Holding Corp (FRHC) - Net Assets
Latest net assets as of December 2025: $1.39 Billion USD
Based on the latest financial reports, Freedom Holding Corp (FRHC) has net assets worth $1.39 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.38 Billion) and total liabilities ($10.98 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.39 Billion |
| % of Total Assets | 11.27% |
| Annual Growth Rate | 23.06% |
| 5-Year Change | 340.51% |
| 10-Year Change | 1154726.68% |
| Growth Volatility | 3451.33 |
Freedom Holding Corp - Net Assets Trend (1997–2025)
This chart illustrates how Freedom Holding Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Freedom Holding Corp (1997–2025)
The table below shows the annual net assets of Freedom Holding Corp from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.21 Billion | +4.06% |
| 2024-03-31 | $1.17 Billion | +51.41% |
| 2023-03-31 | $770.74 Million | +41.00% |
| 2022-03-31 | $546.61 Million | +98.28% |
| 2021-03-31 | $275.67 Million | +113.64% |
| 2020-03-31 | $129.04 Million | +9.73% |
| 2019-03-31 | $117.60 Million | +2.17% |
| 2018-03-31 | $115.10 Million | +75336.63% |
| 2017-03-31 | $-152.98K | -245.48% |
| 2016-03-31 | $105.16K | +376.11% |
| 2015-03-31 | $-38.08K | -97.36% |
| 2014-03-31 | $-19.30K | -101.24% |
| 2013-03-31 | $1.55 Million | -92.74% |
| 2012-03-31 | $21.38 Million | -90.22% |
| 2011-03-31 | $218.61 Million | +3.97% |
| 2010-03-31 | $210.26 Million | +9.44% |
| 2009-03-31 | $192.12 Million | +20.22% |
| 2008-03-31 | $159.80 Million | +27.27% |
| 2007-03-31 | $125.56 Million | +9.54% |
| 2006-03-31 | $114.63 Million | +109.36% |
| 2005-03-31 | $54.75 Million | +371.84% |
| 2004-03-31 | $11.60 Million | +17615.83% |
| 2003-03-31 | $65.50K | -97.95% |
| 2002-03-31 | $3.19 Million | +15.46% |
| 2001-03-31 | $2.76 Million | -47.25% |
| 2000-03-31 | $5.24 Million | -33.83% |
| 1999-03-31 | $7.92 Million | +18.34% |
| 1998-03-31 | $6.69 Million | +83.89% |
| 1997-03-31 | $3.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Freedom Holding Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 108713247800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.09 Billion | 89.40% |
| Common Stock | $61.00K | 0.01% |
| Other Comprehensive Income | $-118.00 Million | -9.72% |
| Other Components | $246.61 Million | 20.31% |
| Total Equity | $1.21 Billion | 100.00% |
Freedom Holding Corp Competitors by Market Cap
The table below lists competitors of Freedom Holding Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Resources Sanjiu Medical & Pharmaceutical Co Ltd
SHE:000999
|
$2.47 Billion |
|
NHK Spring Co. Ltd
F:NHK
|
$2.47 Billion |
|
Toyo Tires & Rubber
F:TYR
|
$2.47 Billion |
|
Jinan Shengquan Group Share Holding Co Ltd
SHG:605589
|
$2.47 Billion |
|
Engie Brasil Energia SA
PINK:EGIEY
|
$2.47 Billion |
|
Dana Inc
NYSE:DAN
|
$2.46 Billion |
|
First Capital Real Estate Investment Trust
PINK:FCXXF
|
$2.46 Billion |
|
Bangkok Expressway and Metro Public Company Limited
PINK:BKKXF
|
$2.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freedom Holding Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,163,650,000 to 1,214,241,000, a change of 50,591,000 (4.3%).
- Net income of 84,650,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 99,057,000.
- Other factors increased equity by 64,998,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $84.65 Million | +6.97% |
| Other Comprehensive Income | $-99.06 Million | -8.16% |
| Other Changes | $65.00 Million | +5.35% |
| Total Change | $- | 4.35% |
Book Value vs Market Value Analysis
This analysis compares Freedom Holding Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.04x to 6.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-03-31 | $3053.14 | $136.41 | x |
| 1998-03-31 | $5614.46 | $136.41 | x |
| 1999-03-31 | $6644.00 | $136.41 | x |
| 2000-03-31 | $4396.42 | $136.41 | x |
| 2001-03-31 | $599.05 | $136.41 | x |
| 2002-03-31 | $416.45 | $136.41 | x |
| 2003-03-31 | $3.96 | $136.41 | x |
| 2004-03-31 | $18.47 | $136.41 | x |
| 2005-03-31 | $50.79 | $136.41 | x |
| 2006-03-31 | $82.19 | $136.41 | x |
| 2007-03-31 | $71.62 | $136.41 | x |
| 2008-03-31 | $88.47 | $136.41 | x |
| 2009-03-31 | $102.63 | $136.41 | x |
| 2010-03-31 | $105.09 | $136.41 | x |
| 2011-03-31 | $102.59 | $136.41 | x |
| 2012-03-31 | $9.58 | $136.41 | x |
| 2013-03-31 | $0.03 | $136.41 | x |
| 2014-03-31 | $0.00 | $136.41 | x |
| 2015-03-31 | $-0.02 | $136.41 | x |
| 2016-03-31 | $0.00 | $136.41 | x |
| 2017-03-31 | $0.00 | $136.41 | x |
| 2018-03-31 | $1.98 | $136.41 | x |
| 2019-03-31 | $2.02 | $136.41 | x |
| 2020-03-31 | $2.25 | $136.41 | x |
| 2021-03-31 | $4.75 | $136.41 | x |
| 2022-03-31 | $9.32 | $136.41 | x |
| 2023-03-31 | $13.06 | $136.41 | x |
| 2024-03-31 | $19.60 | $136.41 | x |
| 2025-03-31 | $20.07 | $136.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freedom Holding Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.16%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 8.16x
- Recent ROE (6.97%) is above the historical average (-134.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -6.32% | -4.01% | 0.15x | 10.67x | $-594.09K |
| 1998 | -0.23% | -0.49% | 0.06x | 7.28x | $-684.53K |
| 1999 | -4.93% | -26.65% | 0.05x | 3.72x | $-1.18 Million |
| 2000 | -68.68% | -249.90% | 0.15x | 1.86x | $-4.12 Million |
| 2001 | -84.13% | -698.42% | 0.11x | 1.14x | $-2.60 Million |
| 2002 | 11.83% | 47.39% | 0.25x | 1.01x | $58.28K |
| 2003 | -2637.25% | -1817.30% | 0.96x | 1.50x | $-1.73 Million |
| 2004 | -5.33% | -181.20% | 0.02x | 1.61x | $-1.77 Million |
| 2005 | -6.00% | -337.53% | 0.02x | 1.13x | $-8.76 Million |
| 2006 | -4.66% | -89.72% | 0.05x | 1.10x | $-16.81 Million |
| 2007 | 0.83% | 6.58% | 0.11x | 1.15x | $-11.52 Million |
| 2008 | 19.78% | 52.51% | 0.24x | 1.59x | $15.63 Million |
| 2009 | 8.93% | 24.65% | 0.24x | 1.50x | $-2.05 Million |
| 2010 | 4.28% | 15.70% | 0.20x | 1.39x | $-12.03 Million |
| 2011 | 2.23% | 0.00% | 0.00x | 1.47x | $-16.98 Million |
| 2012 | -651.22% | 0.00% | 0.00x | 1.94x | $-141.35 Million |
| 2013 | -198.98% | 0.00% | 0.00x | 6.80x | $-3.24 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.57 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.98K |
| 2016 | -467.88% | 0.00% | 0.00x | 82.63x | $-502.51K |
| 2017 | 0.00% | 32.48% | 2.25x | 0.00x | $6.30 Million |
| 2018 | 15.81% | 31.51% | 0.17x | 2.87x | $6.69 Million |
| 2019 | 6.08% | 9.62% | 0.21x | 2.98x | $-4.61 Million |
| 2020 | 18.91% | 29.78% | 0.18x | 3.45x | $11.71 Million |
| 2021 | 53.96% | 43.14% | 0.17x | 7.57x | $121.92 Million |
| 2022 | 41.09% | 32.98% | 0.21x | 5.84x | $172.13 Million |
| 2023 | 26.39% | 25.78% | 0.16x | 6.54x | $127.41 Million |
| 2024 | 32.27% | 22.67% | 0.20x | 7.13x | $259.18 Million |
| 2025 | 6.97% | 4.16% | 0.21x | 8.16x | $-36.77 Million |
Industry Comparison
This section compares Freedom Holding Corp's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $573,192,936,765
- Average return on equity (ROE) among peers: 5.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freedom Holding Corp (FRHC) | $1.39 Billion | -6.32% | 7.87x | $2.47 Billion |
| Pacific Oil Co (FGCO) | $3.20 Million | 4.04% | 0.31x | $5.07 Million |
| Georgia Capital PLC (GRGCF) | $1.75 Billion | 32.49% | 0.00x | $475.57 Million |
| Get Real Inc (GTRL) | $-57.19K | 0.00% | 0.00x | $28.10 |
| Hilltop Holdings Inc (HTH) | $791.46 Million | -2.85% | 0.33x | $1.47 Billion |
| Orix Corp Ads (IX) | $1.42 Trillion | 5.88% | 4.87x | $33.82 Billion |
| Mandatum Oyj (MANDF) | $1.78 Billion | 0.00% | 8.28x | $2.52 Billion |
| NextPoint Financial Inc. (NACQQ) | $-316.64K | 0.00% | 0.00x | $2.95K |
| Old Mutual Limited (ODMUF) | $306.63 Billion | -0.32% | 0.00x | $2.77 Billion |
| ORIX Corporation (ORXCF) | $3.43 Trillion | 8.47% | 3.45x | $22.13 Billion |