HUB24 (FRA:FSB) Total Operating Expense: €185.3 Mil (TTM As of Dec. 2025)


FRA:FSB HUB24 Ltd FRA:FSB
99 GF Score
Price €42.07
GF Value €49.67
! 1 Warning Sign
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What is HUB24 Total Operating Expense?

HUB24 FRA:FSB -2.44% 99 Total Operating Expense is €185.3 Mil as of Dec. 2025. GuruFocus rates FRA:FSB with a GF Score™ of 99/100 and a GF Value™ of €49.67. The stock has 1 warning sign investors should review.

HUB24's Total Operating Expense for the six months ended in Dec. 2025 was €97.0 Mil. HUB24's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was €185.3 Mil.


HUB24 Total Operating Expense Related Terms


HUB24 Total Operating Expense Historical Data

* Premium members only.

The historical data trend for HUB24's Total Operating Expense 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.

HUB24 Total Operating Expense Chart

HUB24 Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.47 113.43 139.76 166.05 171.37

HUB24 Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Operating Expense 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 75.16 90.51 89.03 88.28 96.98
FRA:FSB
99GF Score
HUB24 Ltd FRA:FSB
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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HUB24 Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €185.3 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.

What does a Total Operating Expense of €185.3 Mil mean?
HUB24 (FRA:FSB) has a Total Operating Expense of €185.3 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on HUB24 and its competitors.
Is HUB24's Total Operating Expense too high?
HUB24's current Total Operating Expense is €185.3 Mil. Overall, HUB24 has a GF Score™ of 99/100, reflecting its overall financial health beyond just this single metric.
How does HUB24's Total Operating Expense compare to MS and GS?
HUB24's Total Operating Expense of €185.3 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Capital Markets company?
A good Total Operating Expense depends on the Capital Markets industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on HUB24 and its competitors. HUB24's current Total Operating Expense is €185.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HUB24 stock overvalued right now?
HUB24 (FRA:FSB) has a current Total Operating Expense of €185.3 Mil. The stock's GF Value™ is €49.67, compared to a current price of €42.07 — trading 15.3% below its estimated fair value. The current Total Operating Expense is €185.3 Mil. HUB24's overall GF Score™ is 99/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For HUB24 (FRA:FSB), the current Total Operating Expense is €185.3 Mil as of Dec. 2025. 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 HUB24 (FRA:FSB) Overvalued in 2026?

Based on GuruFocus' analysis, HUB24 stock appears to be undervalued. The current stock price of €42.07 is trading 15.3% below its estimated GF Value™ of €49.67.

Key valuation signals for FRA:FSB:

  • Total Operating Expense: €185.3 Mil
  • GF Value™: €49.67 vs. price of €42.07 (15.3% below fair value)
  • GF Score™: 99/100 with 1 warning sign

No single metric tells the full story. See the FRA:FSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HUB24 Business Description

Other Exchanges HUB:Australia
Address 5 Martin Place, Level 17, Sydney, NSW, AUS, 2000
Hub24 is a diversified financial services business. The firm's core platform segment engages in the development and provision of custodial and noncustodial administration services to financial advisors, stockbrokers, accountants, and their clients. The tech solutions segment provides a range of technology and data services, as well as cloud-based software. Hub24 serves individuals, companies, trusts, associations, or self-managed superannuation funds. The firm has around 9.7% share of the Australian platform market, compared with the largest five providers with an average market share of 13.3% each.
99GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€42.07
Price
€49.67
GF Value