Hong Kong Exchanges and Clearing (FRA:HK2C) Total Payout Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:HK2C Hong Kong Exchanges and Clearing Ltd FRA:HK2C
90 GF Score
Price €43.30
GF Value €51.37
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Hong Kong Exchanges and Clearing Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Hong Kong Exchanges and Clearing's current Total Payout Ratio is .

Hong Kong Exchanges and Clearing Total Payout Ratio Related Terms

Hong Kong Exchanges and Clearing Total Payout Ratio Historical Data

* Premium members only.

The historical data trend for Hong Kong Exchanges and Clearing's Total Payout Ratio 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.

Hong Kong Exchanges and Clearing Total Payout Ratio Chart

Hong Kong Exchanges and Clearing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hong Kong Exchanges and Clearing Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Payout Ratio 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 - - - - -

FRA:HK2C vs SPGI, CME, ICE: Total Payout Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio 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.

Hong Kong Exchanges and Clearing Total Payout Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hong Kong Exchanges and Clearing's Total Payout Ratio falls into.


FRA:HK2C
90GF Score
Hong Kong Exchanges and Clearing Ltd FRA:HK2C
Total Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hong Kong Exchanges and Clearing Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Hong Kong Exchanges and Clearing's Total Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (-58.192142271711 + 0 + -1559.594875493) / 2014.902926158
=0.80

Hong Kong Exchanges and Clearing's Total Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- ( + + ) / 590.02082788669
=0.00

* 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.

Is Hong Kong Exchanges and Clearing (FRA:HK2C) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Exchanges and Clearing stock appears to be undervalued. The current stock price of €43.30 is trading 15.7% below its estimated GF Value™ of €51.37. GuruFocus considers Hong Kong Exchanges and Clearing to be Modestly Undervalued.

Key valuation signals for FRA:HK2C:

  • Total Payout Ratio:
  • GF Value™: €51.37 vs. price of €43.30 (15.7% below fair value)
  • GF Score™: 90/100 with 5 warning signs

No single metric tells the full story. See the FRA:HK2C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hong Kong Exchanges and Clearing Business Description

Address 8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
90GF Score

Get the complete analysis for FRA:HK2C

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

€43.30
Price
€51.37
GF Value