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Freedom HoldingFRHC +4.65%73 Earnings Yield (Joel Greenblatt) % is 9.62% as of Mar. 2026, which is 10% above its 10-year median of 8.73. GuruFocus rates FRHC with a GF Scoreâ„¢ of 73/100 and a GF Valueâ„¢ of $156.13 (Fairly Valued). The stock has 11 warning signs investors should review. Among 610 Diversified Financial Services companies, Freedom Holding ranks better than 87.87% on this metric.
Freedom Holding's Enterprise Value for the quarter that ended in Mar. 2026 was $7,433 Mil.
Freedom Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $715 Mil. Freedom Holding's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 9.62%.
The historical rank and industry rank for Freedom Holding's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRHC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -981.37 Med: 8.73 Max: 874.03
Current: 8.48
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Freedom Holding was 874.03%. The lowest was -981.37%. And the median was 8.73%.
FRHC's Earnings Yield (Joel Greenblatt) % is ranked better than 87.87% of 610
companies
in the Diversified Financial Services industry
Industry Median: -0.21
vs FRHC: 8.48
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Freedom Holding's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 17.63%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Freedom Holding Earnings Yield (Joel Greenblatt) % Related Terms
Freedom Holding Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Freedom Holding's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Financial Conglomerates subindustry, Freedom Holding's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Freedom Holding Earnings Yield (Joel Greenblatt) % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Freedom Holding's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Freedom Holding's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Freedom Holdings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Freedom Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $715 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.62% mean?
Freedom Holding (FRHC) has a Earnings Yield (Joel Greenblatt) % of 9.62% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Freedom Holding and its competitors. This is 10% above median its historical median of 8.73. According to the industry distribution chart, Freedom Holding ranks #74 out of 610 companies in the Diversified Financial Services industry, placing it in the top 12.1%.
Is Freedom Holding's Earnings Yield (Joel Greenblatt) % too high?
Freedom Holding's current Earnings Yield (Joel Greenblatt) % of 9.62% is 10% above median its 10-year median of 8.73. Based on the distribution chart, Freedom Holding ranks #74 out of 610 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Freedom Holding has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Freedom Holding's Earnings Yield (Joel Greenblatt) % compare to VOYA and HTH?
According to the Diversified Financial Services industry distribution chart, Freedom Holding ranks #74 out of 610 companies for Earnings Yield (Joel Greenblatt) %. This places Freedom Holding in the top 12% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Diversified Financial Services company?
A good Earnings Yield (Joel Greenblatt) % depends on the Diversified Financial Services industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Freedom Holding and its competitors. Freedom Holding's current Earnings Yield (Joel Greenblatt) % is 9.62%, which is 10% above median its own 10-year median of 8.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freedom Holding stock overvalued right now?
Based on GuruFocus' analysis, Freedom Holding (FRHC) is currently considered Fairly Valued. The stock's GF Value™ is $156.13, compared to a current price of $155.13 — trading 0.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.62%, which is 10% above median its 10-year median of 8.73. Freedom Holding's overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Freedom Holding (FRHC), the current Earnings Yield (Joel Greenblatt) % is 9.62% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Freedom Holding (FRHC) Overvalued in 2026?
Based on GuruFocus' analysis, Freedom Holding stock appears to be undervalued.
The current stock price of $155.13 is trading 0.6% below its estimated GF Value™ of $156.13.
GuruFocus considers Freedom Holding to be Fairly Valued.
Key valuation signals for FRHC:
Earnings Yield (Joel Greenblatt) %: 9.62% (10% above median its 10-year median of 8.73)
GF Value™: $156.13 vs. price of $155.13 (0.6% below fair value)
No single metric tells the full story. See the FRHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.
73GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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