FRHC (Freedom Holding) EV-to-EBIT: 12.25 (As of Jul. 22, 2026) — 25% Above Median

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FRHC Freedom Holding Corp FRHC
76 GF Score
Price $160.35
GF Value $155.42
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Freedom Holding EV-to-EBIT?

Freedom Holding FRHC -0.16% 76 EV-to-EBIT is 12.25 as of Jul. 22, 2026, which is 25% above its 10-year median of 9.81. GuruFocus rates FRHC with a GF Score™ of 76/100 and a GF Value™ of $155.42 (Fairly Valued). The stock has 11 warning signs investors should review. Among 150 Diversified Financial Services companies, Freedom Holding ranks worse than 65.33% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Freedom Holding's Enterprise Value is $8,762 Mil. Freedom Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $715 Mil. Therefore, Freedom Holding's EV-to-EBIT for today is 12.25.

The historical rank and industry rank for Freedom Holding's EV-to-EBIT or its related term are showing as below:

FRHC' s EV-to-EBIT Range Over the Past 10 Years
Min: -97.74   Med: 9.81   Max: 52.84
Current: 12.25

During the past 13 years, the highest EV-to-EBIT of Freedom Holding was 52.84. The lowest was -97.74. And the median was 9.81.

FRHC's EV-to-EBIT is ranked worse than
65.33% of 150 companies
in the Diversified Financial Services industry
Industry Median: 4.56 vs FRHC: 12.25

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. 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%.


Freedom Holding  (NAS:FRHC) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Freedom Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=715.001/7432.53384
=9.62 %

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 adds up the quarterly data reported by the company within the most recent 12 months, which was $715 Mil.

* 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.


Freedom Holding EV-to-EBIT Related Terms


Freedom Holding EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Freedom Holding's EV-to-EBIT 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.

Freedom Holding EV-to-EBIT Chart

Freedom Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.54 5.97 3.06 10.04 10.40

Freedom Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.04 13.19 18.66 12.73 10.40

FRHC vs VOYA, HTH, TMS: EV-to-EBIT Comparison

For the Financial Conglomerates subindustry, Freedom Holding's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Freedom Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Freedom Holding's EV-to-EBIT falls into.


FRHC
76GF Score
Freedom Holding Corp FRHC
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freedom Holding EV-to-EBIT Calculation

Freedom Holding's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8761.707/715.001
=12.25

Freedom Holding's current Enterprise Value is $8,762 Mil.
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.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 12.25 mean?
Freedom Holding (FRHC) has a EV-to-EBIT of 12.25 as of Jul. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Freedom Holding and its competitors. This is 25% above median its historical median of 9.81. According to the industry distribution chart, Freedom Holding ranks #98 out of 150 companies in the Diversified Financial Services industry, placing it in the top 65.3%.
Is Freedom Holding's EV-to-EBIT too high?
Freedom Holding's current EV-to-EBIT of 12.25 is 25% above median its 10-year median of 9.81. The Diversified Financial Services industry median EV-to-EBIT is 4.56. Freedom Holding's value of 12.25 is 168.6% above this industry median. Based on the distribution chart, Freedom Holding ranks #98 out of 150 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Freedom Holding has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Freedom Holding's EV-to-EBIT compare to VOYA and HTH?
According to the Diversified Financial Services industry distribution chart, Freedom Holding ranks #98 out of 150 companies for EV-to-EBIT. This places Freedom Holding in the lower half of its industry. The industry median EV-to-EBIT is 4.56. Freedom Holding's value of 12.25 is 168.6% above this benchmark. While the company's 10-year median is 9.81 vs. the industry median of 4.56, Freedom Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Diversified Financial Services company?
The median EV-to-EBIT among Diversified Financial Services companies is 4.56, based on 150 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Freedom Holding's current EV-to-EBIT of 12.25 is 168.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Freedom Holding and its competitors. For the Diversified Financial Services industry, the median EV-to-EBIT is 4.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freedom Holding's current EV-to-EBIT is 12.25, which is 25% above median its own 10-year median of 9.81. 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 $155.42, compared to a current price of $160.35 — trading 3.2% above its estimated fair value. The current EV-to-EBIT is 12.25, which is 25% above median its 10-year median of 9.81 and 168.6% above the Diversified Financial Services industry median of 4.56. Freedom Holding's overall GF Score™ is 76/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Freedom Holding (FRHC), the current EV-to-EBIT is 12.25 as of Jul. 22, 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 overvalued. The current stock price of $160.35 is trading 3.2% above its estimated GF Value™ of $155.42. GuruFocus considers Freedom Holding to be Fairly Valued.

Key valuation signals for FRHC:

  • EV-to-EBIT: 12.25 (25% above median its 10-year median of 9.81)
  • GF Value™: $155.42 vs. price of $160.35 (3.2% above fair value)
  • GF Score™: 76/100 with 11 warning signs
  • Industry Position: 168.6% above the Diversified Financial Services median (#98 of 150)

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 Business Description

Address 40 Wall Street, 58th Floor, New York, NY, USA, 10005
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.
76GF Score

Get the complete analysis for FRHC

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$160.35
Price
$155.42
GF Value