FRHC (Freedom Holding) EV-to-OCF: 44.69 (As of Aug. 03, 2026) — 1646% Above Median

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FRHC Freedom Holding Corp FRHC
73 GF Score
Price $152.76
GF Value $156.37
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Freedom Holding EV-to-OCF?

Freedom Holding FRHC +0.98% 73 EV-to-OCF is 44.69 as of Aug. 03, 2026, which is 1646% above its 10-year median of 2.56. GuruFocus rates FRHC with a GF Score™ of 73/100 and a GF Value™ of $156.37 (Fairly Valued). The stock has 11 warning signs investors should review. Among 534 Diversified Financial Services companies, Freedom Holding ranks worse than 94.94% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Freedom Holding's Enterprise Value is $8,278 Mil. Freedom Holding's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $185 Mil. Therefore, Freedom Holding's EV-to-OCF for today is 44.69.

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

FRHC' s EV-to-OCF Range Over the Past 10 Years
Min: -431.8   Med: 2.56   Max: 96.82
Current: 44.69

During the past 13 years, the highest EV-to-OCF of Freedom Holding was 96.82. The lowest was -431.80. And the median was 2.56.

FRHC's EV-to-OCF is ranked worse than
94.94% of 534 companies
in the Diversified Financial Services industry
Industry Median: -32.525 vs FRHC: 44.69

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-03), Freedom Holding's stock price is $152.76. Freedom Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.509. Therefore, Freedom Holding's PE Ratio (TTM) for today is 60.88.


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

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Freedom Holding's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=152.76/2.509
=60.88

Freedom Holding's share price for today is $152.76.
Freedom Holding's Earnings per Share (Diluted) 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 $2.509.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Freedom Holding EV-to-OCF Related Terms


Freedom Holding EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Freedom Holding's EV-to-OCF 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-OCF Chart

Freedom Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.09 -2.79 -2.70 3.82 40.13

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-OCF 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 3.82 6.12 4.23 2.11 40.13

FRHC vs VOYA, HTH, TREE: EV-to-OCF Comparison

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

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

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


FRHC
73GF Score
Freedom Holding Corp FRHC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freedom Holding EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=8278.166/185.221
=44.69

Freedom Holding's current Enterprise Value is $8,278 Mil.
Freedom Holding's Cash Flow from Operations 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 $185 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-OCF →
What does a EV-to-OCF of 44.69 mean?
Freedom Holding (FRHC) has a EV-to-OCF of 44.69 as of Aug. 03, 2026. This is 1646% above median its historical median of 2.56. According to the industry distribution chart, Freedom Holding ranks #507 out of 534 companies in the Diversified Financial Services industry, placing it in the top 94.9%.
Is Freedom Holding's EV-to-OCF too high?
Freedom Holding's current EV-to-OCF of 44.69 is 1646% above median its 10-year median of 2.56. Based on the distribution chart, Freedom Holding ranks #507 out of 534 companies in the Diversified Financial Services industry, which is in the bottom quartile 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 EV-to-OCF compare to VOYA and HTH?
According to the Diversified Financial Services industry distribution chart, Freedom Holding ranks #507 out of 534 companies for EV-to-OCF. This places Freedom Holding in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Diversified Financial Services company?
A good EV-to-OCF depends on the Diversified Financial Services industry context. However, EV-to-OCF 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Freedom Holding's current EV-to-OCF is 44.69, which is 1646% above median its own 10-year median of 2.56. 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 $156.37, compared to a current price of $152.76 — trading 2.3% below its estimated fair value. The current EV-to-OCF is 44.69, which is 1646% above median its 10-year median of 2.56. 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 EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Freedom Holding (FRHC), the current EV-to-OCF is 44.69 as of Aug. 03, 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 $152.76 is trading 2.3% below its estimated GF Value™ of $156.37. GuruFocus considers Freedom Holding to be Fairly Valued.

Key valuation signals for FRHC:

  • EV-to-OCF: 44.69 (1646% above median its 10-year median of 2.56)
  • GF Value™: $156.37 vs. price of $152.76 (2.3% below fair value)
  • GF Score™: 73/100 with 11 warning signs

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.
73GF Score

Get the complete analysis for FRHC

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

$152.76
Price
$156.37
GF Value