Freedom Holding Intrinsic Value Calculator – Arizona State Retirement System Divests 158 Shares of Freedom Holding Corp

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Recently, the Arizona State Retirement System has divested its holdings of 158 shares of Freedom Holding ($NASDAQ:FRHC) Corp. (FREEDOM) in an effort to reallocate its assets and investments. FREEDOM is a NASDAQ-listed stock with a primary focus on investments and financial services in Central Asia and Eastern Europe. It is headquartered in Almaty, Kazakhstan, and has offices in 11 countries throughout the region. The company’s business strategy is focused on providing clients with a comprehensive range of banking services, including corporate finance, private banking, asset management, and insurance. FREEDOM also operates a securities trading platform that allows investors access to global capital markets.

In recent years, Freedom Holding Corp has been making a concerted effort to expand its operations throughout Central Asia and Eastern Europe. This includes entering into new joint ventures, acquiring companies, and launching new products and services. FREEDOM has also been working to enhance their digital capabilities, such as offering online banking and mobile banking services. Despite these efforts, the Arizona State Retirement System has decided to divest its shares of FREEDOM in order to put their funds to better use elsewhere.

Stock Price

This decision followed the ASRS’s policy to eliminate holdings of companies linked to countries that have been identified as engaged in activities that the state of Arizona has deemed unethical or in violation of international laws. The divestment seemed to have had little effect on FREEDOM HOLDING’s stock price as the stock opened at $84.1 and closed at $83.4, a mere 0.3% increase from its last closing price of 83.2. Investors seemed unfazed by this news and continued to show confidence in FREEDOM HOLDING’s future prospects. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Freedom Holding. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Freedom Holding. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Freedom Holding. More…

Key Ratios Snapshot

Some of the financial key ratios for Freedom Holding are shown below. More…

Analysis – Freedom Holding Intrinsic Value Calculator

At GoodWhale, we recently conducted an analysis of FREEDOM HOLDING‘s wellbeing. After careful consideration, our proprietary Valuation Line gave us an estimated fair value of the FREEDOM HOLDING stock to be around $93.7. However, when we looked at the current market price of the stock, we noticed that it was traded at $83.4, a price that is 11.0% lower than its fair value. This indicates that FREEDOM HOLDING is undervalued by the stock market at present. More…

Peers

The competition between Freedom Holding Corp and its competitors, Tradegate AG Wertpapierhandelsbank, An Phat Joint Stock Securities Co, and SBS Securities JSC, has been fierce in recent years. As each company strives to gain an edge in the ever-changing and competitive landscape of financial services, Freedom Holding Corp has remained at the forefront of innovation and customer service.

– Tradegate AG Wertpapierhandelsbank ($BER:T2G)

Tradegate AG Wertpapierhandelsbank is a German stock exchange and online broker that operates both domestically and internationally. The company provides its customers with access to over 65 exchanges and offers trading in more than 150,000 instruments across multiple asset classes, including equities, ETFs, ETCs, bonds, funds, and options. As of 2023, Tradegate AG Wertpapierhandelsbank had a market capitalization of 2.68 billion euros and a return on equity of 38.0%. This strong return on equity indicates the company’s profitability and its ability to generate cash flow from its investments and operations.

Summary

Investors may be interested in analyzing Freedom Holding Corp., which recently saw the Arizona State Retirement System sell off 158 shares of the company. Freedom Holding is a diversified financial services holding company and its core operations are conducted through its two main subsidiaries: Freedom Finance and Freedom Capital. The company has operations in Russia, Kazakhstan, Cyprus, and the United States. Investors should conduct further research and analysis before making a decision to invest in Freedom Holding.