Freedom Holding Corp Net Assets
Freedom Holding Corp net assets. Based on the latest financial reports, Freedom Holding Corp (FRHC) has net assets worth $1.54 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.05 Billion) and total liabilities ($12.51 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. Also explore net asset growth rate of Freedom Holding Corp to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.54 Billion |
| % of Total Assets | 10.93% |
| Annual Growth Rate | 23.05% |
| 5-Year Change | 172.46% |
| 10-Year Change | N/A |
| Growth Volatility | 3386.93 |
Net Assets of Freedom Holding Corp (1997–2026)
Net assets of Freedom Holding Corp from 1997 to 2026. This chart illustrates how Freedom Holding Corp's net assets have evolved over time, based on quarterly financial data. See Freedom Holding Corp (FRHC) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Freedom Holding Corp (1997–2026)
The table below shows the annual net assets of Freedom Holding Corp from 1997 to 2026. For live market cap and overall valuation, see FRHC market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $1.49 Billion | +22.64% |
| 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 123306747800.0% over the analyzed period, indicating profitable operations and earnings retention.
Freedom Holding Corp Net Assets Breakdown (March 2026)
Freedom Holding Corp net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.23 Billion | 82.69% |
| Common Stock | $61.00K | 0.00% |
| Other Comprehensive Income | $-56.94 Million | -3.82% |
| Other Components | $314.66 Million | 21.13% |
| Total Equity | $1.49 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 |
|---|---|
|
Domino's Pizza Inc Common Stock
NASDAQ:DPZ
|
$10.63 Billion |
|
Albemarle Corp
NYSE:ALB
|
$10.64 Billion |
|
Novatek Microelectronics Corp
TW:3034
|
$10.64 Billion |
|
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
F:PTI
|
$10.66 Billion |
|
BrightSpring Health Services, Inc. Common Stock
NASDAQ:BTSG
|
$10.63 Billion |
|
Biomarin Pharmaceutical Inc
NASDAQ:BMRN
|
$10.63 Billion |
|
BorgWarner Inc
NYSE:BWA
|
$10.61 Billion |
|
SailPoint, Inc. Common Stock
NASDAQ:SAIL
|
$10.58 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 2025 to 2026, total equity changed from 1,214,241,000 to 1,489,279,000, a change of 275,038,000 (22.7%).
- Net income of 153,328,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 61,056,000.
- Other factors increased equity by 60,654,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $153.33 Million | +10.3% |
| Other Comprehensive Income | $61.06 Million | +4.1% |
| Other Changes | $60.65 Million | +4.07% |
| Total Change | $- | 22.65% |
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: 7.67x
- 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 0.06x to 7.67x 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 | $186.83 | x |
| 1998-03-31 | $5614.46 | $186.83 | x |
| 1999-03-31 | $6644.00 | $186.83 | x |
| 2000-03-31 | $4396.42 | $186.83 | x |
| 2001-03-31 | $599.05 | $186.83 | x |
| 2002-03-31 | $416.45 | $186.83 | x |
| 2003-03-31 | $3.96 | $186.83 | x |
| 2004-03-31 | $18.47 | $186.83 | x |
| 2005-03-31 | $50.79 | $186.83 | x |
| 2006-03-31 | $82.19 | $186.83 | x |
| 2007-03-31 | $71.62 | $186.83 | x |
| 2008-03-31 | $88.47 | $186.83 | x |
| 2009-03-31 | $102.63 | $186.83 | x |
| 2010-03-31 | $105.09 | $186.83 | x |
| 2011-03-31 | $102.59 | $186.83 | x |
| 2012-03-31 | $9.58 | $186.83 | x |
| 2013-03-31 | $0.03 | $186.83 | x |
| 2014-03-31 | $0.00 | $186.83 | x |
| 2015-03-31 | $-0.02 | $186.83 | x |
| 2016-03-31 | $0.00 | $186.83 | x |
| 2017-03-31 | $0.00 | $186.83 | x |
| 2018-03-31 | $1.98 | $186.83 | x |
| 2019-03-31 | $2.02 | $186.83 | x |
| 2020-03-31 | $2.25 | $186.83 | x |
| 2021-03-31 | $4.75 | $186.83 | x |
| 2022-03-31 | $9.32 | $186.83 | x |
| 2023-03-31 | $13.06 | $186.83 | x |
| 2024-03-31 | $19.60 | $186.83 | x |
| 2025-03-31 | $20.07 | $186.83 | x |
| 2026-03-31 | $24.37 | $186.83 | 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): 10.30%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.00%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 8.83x
- Recent ROE (10.30%) is above the historical average (-129.20%), 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 |
| 2026 | 10.30% | 7.00% | 0.17x | 8.83x | $4.40 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: $808,350,739,000
- Average return on equity (ROE) among peers: -24.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freedom Holding Corp (FRHC) | $1.54 Billion | -6.32% | 8.15x | $10.63 Billion |
| Hilltop Holdings Inc (HTH) | $793.98 Million | -0.82% | 0.17x | $2.20 Billion |
| Orix Corp Ads (IX) | $4.02 Trillion | 8.60% | 3.06x | $33.39 Billion |
| BRC Group Holdings, Inc. (RILY) | $150.39 Million | 14.31% | 0.76x | $139.61 Million |
| Lendingtree Inc (TREE) | $138.13 Million | -146.44% | 1.06x | $405.32 Million |
| Voya Financial Inc (VOYA) | $16.06 Billion | 2.94% | 12.47x | $9.19 Billion |
About 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 operates through four segments: Brokerage, Banking, Insurance, and Other. The Brokerage segment provides investment banking services, including M&A, underwriting and capital markets … Read more