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Here's Why We Think Freedom Holding (NASDAQ:FRHC) Is Well Worth Watching

Here's Why We Think Freedom Holding (NASDAQ:FRHC) Is Well Worth Watching

这就是我们认为自由控股(纳斯达克股票代码:FRHC)值得关注的原因
Simply Wall St ·  04/25 06:17

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away.

对于初学者来说,收购一家向投资者讲述好故事的公司似乎是个好主意(也是一个令人兴奋的前景),即使该公司目前缺乏收入和利润记录。有时,这些故事可能会给投资者的思想蒙上阴影,导致他们用自己的情感进行投资,而不是根据良好的公司基本面的优点进行投资。虽然资金充足的公司可能会遭受多年的损失,但它最终需要创造利润,否则投资者将继续前进,公司将萎缩。

If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Freedom Holding (NASDAQ:FRHC). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it.

如果这种公司不是你的风格,你喜欢那些创造收入甚至赚取利润的公司,那么你很可能会对Freedom Holding(纳斯达克股票代码:FRHC)感兴趣。尽管利润不是投资时应考虑的唯一指标,但值得表彰能够持续生产利润的企业。

How Fast Is Freedom Holding Growing?

Freedom Holding 的增长速度有多快?

Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. Recognition must be given to the that Freedom Holding has grown EPS by 52% per year, over the last three years. Growth that fast may well be fleeting, but it should be more than enough to pique the interest of the wary stock pickers.

通常,每股收益(EPS)增长的公司的股价应该会出现类似的趋势。因此,有很多投资者喜欢购买每股收益不断增长的公司的股票。必须认识到,在过去三年中,Freedom Holding的每股收益每年增长52%。如此之快的增长很可能转瞬即逝,但应该足以激起谨慎的选股者的兴趣。

It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. It's noted that Freedom Holding's revenue from operations was lower than its revenue in the last twelve months, so that could distort our analysis of its margins. While we note Freedom Holding achieved similar EBIT margins to last year, revenue grew by a solid 87% to US$881m. That's progress.

查看利息和税前收益(EBIT)利润率以及收入增长通常会很有帮助,这样可以重新了解公司的增长质量。值得注意的是,Freedom Holding的收入 来自运营 低于过去十二个月的收入,因此这可能会扭曲我们对其利润率的分析。尽管我们注意到自由控股的息税前利润率与去年相似,但收入稳步增长了87%,达到8.81亿美元。这就是进步。

In the chart below, you can see how the company has grown earnings and revenue, over time. Click on the chart to see the exact numbers.

在下图中,您可以看到公司如何随着时间的推移实现收益和收入的增长。点击图表查看确切的数字。

earnings-and-revenue-history
NasdaqCM:FRHC Earnings and Revenue History April 25th 2024
NasdaqCM: FRHC 收益和收入历史记录 2024 年 4 月 25 日

While profitability drives the upside, prudent investors always check the balance sheet, too.

虽然盈利能力推动了上行空间,但谨慎的投资者也总是会查看资产负债表。

Are Freedom Holding Insiders Aligned With All Shareholders?

自由控股内部人士是否与所有股东保持一致?

Seeing insiders owning a large portion of the shares on issue is often a good sign. Their incentives will be aligned with the investors and there's less of a probability in a sudden sell-off that would impact the share price. So those who are interested in Freedom Holding will be delighted to know that insiders have shown their belief, holding a large proportion of the company's shares. Indeed, with a collective holding of 71%, company insiders are in control and have plenty of capital behind the venture. This should be seen as a good thing, as it means insiders have a personal interest in delivering the best outcomes for shareholders. at the current share price. That means they have plenty of their own capital riding on the performance of the business!

看到内部人士拥有已发行股票的很大一部分通常是一个好兆头。他们的激励措施将与投资者保持一致,突然抛售影响股价的可能性较小。因此,那些对Freedom Holding感兴趣的人会很高兴得知内部人士表现出了他们的信念,持有该公司很大一部分股份。事实上,公司内部人士的集体持股比例为71%,掌握了控制权,并有充足的资金支持该合资企业。这应该被视为一件好事,因为这意味着以当前的股价为股东带来最佳业绩符合内部人士的个人利益。这意味着他们有充足的自有资金来支撑企业的业绩!

It's good to see that insiders are invested in the company, but are remuneration levels reasonable? Our quick analysis into CEO remuneration would seem to indicate they are. The median total compensation for CEOs of companies similar in size to Freedom Holding, with market caps between US$2.0b and US$6.4b, is around US$6.6m.

很高兴看到内部人士投资于公司,但是薪酬水平是否合理?我们对首席执行官薪酬的快速分析似乎表明确实如此。规模与自由控股公司首席执行官的总薪酬中位数约为660万美元,市值在20亿美元至64亿美元之间。

The Freedom Holding CEO received total compensation of just US$1.2m in the year to March 2023. First impressions seem to indicate a compensation policy that is favourable to shareholders. CEO compensation is hardly the most important aspect of a company to consider, but when it's reasonable, that gives a little more confidence that leadership are looking out for shareholder interests. It can also be a sign of good governance, more generally.

截至2023年3月的一年中,自由控股首席执行官的总薪酬仅为120万美元。第一印象似乎表明薪酬政策有利于股东。首席执行官薪酬并不是公司最需要考虑的方面,但如果合理,这可以增强领导层关注股东利益的信心。更笼统地说,它也可以是善治的标志。

Should You Add Freedom Holding To Your Watchlist?

您是否应该将 Freedom Holding 添加到您的关注列表中?

Freedom Holding's earnings have taken off in quite an impressive fashion. The sweetener is that insiders have a mountain of stock, and the CEO remuneration is quite reasonable. The drastic earnings growth indicates the business is going from strength to strength. Hopefully a trend that continues well into the future. Big growth can make big winners, so the writing on the wall tells us that Freedom Holding is worth considering carefully. While we've looked at the quality of the earnings, we haven't yet done any work to value the stock. So if you like to buy cheap, you may want to check if Freedom Holding is trading on a high P/E or a low P/E, relative to its industry.

Freedom Holding的收益以令人印象深刻的方式实现了增长。甜言蜜语是内部人士拥有大量股票,首席执行官的薪酬相当合理。盈利的急剧增长表明该业务正在不断壮大。希望这种趋势能持续到很长一段时间。大幅增长可以造就大赢家,因此墙上的文字告诉我们,Freedom Holding值得仔细考虑。尽管我们已经研究了收益质量,但我们还没有为股票估值做任何工作。因此,如果您想以低廉的价格购买,则可能需要检查Freedom Holding相对于其行业的市盈率是高还是低市盈率。

Although Freedom Holding certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with insider buying, then check out this handpicked selection of companies that not only boast of strong growth but have also seen recent insider buying..

尽管Freedom Holding看起来确实不错,但如果内部人士买入股票,它可能会吸引更多的投资者。如果你想看看有内幕买入的公司,那就看看这些精心挑选的公司,这些公司不仅增长强劲,而且最近也出现了内幕买盘。

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

请注意,本文中讨论的内幕交易是指相关司法管辖区内应报告的交易。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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