Futu Holdings Stock Fair Value – Futu Holdings Reports Record-Breaking GAAP EPADS and Revenue
May 25, 2023
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Futu Holdings ($NASDAQ:FUTU), a global online broker, recently reported record-breaking GAAP Earnings Per Share (EPADS) and revenue. GAAP EPADS were $1.08 per share, exceeding analyst expectations by $0.22, and revenue of $318.5M surpassed estimates by $50.73M. This marks Futu Holdings’ most successful quarter to date, demonstrating the company’s growth and success in the industry. It provides brokerage and trading services across multiple asset classes, including stocks, options, futures, and mutual funds. The company operates in the United States, Hong Kong, Taiwan, Singapore, Malaysia, and Thailand.
The company’s impressive quarter is a testament to its strong position in the market and its ability to capture growth opportunities. With its innovative products and services, Futu Holdings is well-positioned to capitalize on the digital transformation of the capital market. As the company continues to expand its presence and customer base around the world, it is expected to report even greater success in the future.
Earnings
FUTU HOLDINGS has reported record-breaking GAAP earnings per share (EPS) and revenue in its FY2022 Q4 earning report as of December 31 2022. The company earned 1938.55M HKD in total revenue, a 39.9% increase from the previous year, and 958.78M HKD in net income, a 92.2% increase from the previous year. This marks remarkable growth for the company from 944.27M HKD to 1938.55M HKD in total revenue over the last 3 years. The impressive earnings highlighted FUTU HOLDINGS’s success in its market and overall operations.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Futu Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 6.62k | 2.93k | 44.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Futu Holdings. More…
| Operations | Investing | Financing |
| 2.98k | -963.57 | 10.55k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Futu Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 94.5k | 73.64k | 143.77 |
Key Ratios Snapshot
Some of the financial key ratios for Futu Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 104.0% | – | – |
| FCF Margin | ROE | ROA |
| 43.7% | 10.2% | 2.2% |
Share Price
Futu Holdings, a leading financial technology provider, reported record-breaking figures in its GAAP EPADS and revenue on Wednesday. The company’s stock opened at $39.0 and closed at $39.1, up by 1.3% from its last closing price of 38.6. This marks a significant milestone for Futu Holdings, as it continues to expand and show impressive results. Investors have responded positively to this news, demonstrating their confidence in the company. Futu Holdings’ financial success can be attributed to its unique business model and innovative technology. By utilizing advanced technology and leveraging data insights, Futu Holdings is able to provide a comprehensive suite of services for its clients.
This includes everything from trading services to portfolio management and more. The company’s products and services are highly sought after, as evidenced by its record-breaking revenue and financial performance. The future looks bright for Futu Holdings as it continues to grow and develop its products and services. With the recent news of record-breaking numbers, the company is well-positioned for greater success in the future. Investors can rest assured knowing that Futu Holdings remains a stable and reliable company with a strong financial foundation and promising outlook. Live Quote…
Analysis – Futu Holdings Stock Fair Value
At GoodWhale, we have conducted our analysis of FUTU HOLDINGS and have determined the intrinsic value of its share to be around $91.0. This figure was calculated using our proprietary Valuation Line. Currently, FUTU HOLDINGS stock is being traded at $39.1 – representing an undervaluation of 57.0%. In other words, there is plenty of potential for the stock to increase in value in the near future. Therefore, we suggest that investors consider adding this stock to their portfolios. More…
Peers
The competition between Futu Holdings Ltd and its competitors, Excalibur Global Financial Holdings Ltd, TOP Financial Group Ltd, and Interactive Brokers Group Inc, is fierce. As these companies strive to provide the best services and products to their customers, they must constantly be looking for new ways to stay ahead of the competition. Each company brings unique strengths and weaknesses to the table, making the competition even more dynamic.
– Excalibur Global Financial Holdings Ltd ($SEHK:08350)
Excalibur Global Financial Holdings Ltd is a financial services company with a market capitalization of 120M as of 2022. The company provides a range of services, including asset management, investment banking, and wealth management. Despite the company’s impressive portfolio of services, its Return on Equity (ROE) has been negative, registering -166.06%. This suggests that the company has not been able to generate sufficient profits to cover its investments. The company’s negative ROE may be caused by a number of factors, including a lack of liquidity or an overly aggressive investment strategy. Moving forward, Excalibur Global Financial Holdings Ltd will need to focus on increasing its profitability if it is to remain competitive in a highly competitive market.
– TOP Financial Group Ltd ($NASDAQ:TOP)
Top Financial Group Ltd is a publicly listed financial services provider based in Hong Kong. Founded in 1972, the company provides a range of services including retail banking, wealth management, corporate finance, online banking and securities trading to their customers. As of 2022, the company has a market capitalization of 164.38M and a return on equity (ROE) of 25.13%. The company’s market cap indicates its current share price multiplied by the total number of outstanding shares and provides a measure of the size of the company. The high ROE indicates that Top Financial Group is utilizing its resources efficiently and effectively to generate income. This is a strong indicator of the company’s financial health and performance in the market.
– Interactive Brokers Group Inc ($NASDAQ:IBKR)
Interactive Brokers Group Inc is a global electronic trading and financial services company. Founded in 1977, the company’s brokerage operations are supported by a network of 19 international subsidiaries and offer customers direct access to stocks, options, futures, forex, bonds, and funds worldwide from a single IBKR integrated account. As of 2022, the company has a market capitalization of 7.15 billion and a Return on Equity of 44.51%. This impressive market cap and high ROE reflect the company’s commitment to delivering superior value to its customers. Interactive Brokers Group Inc is a global leader in the electronic trading of securities and commodities, providing innovative technology and services to both retail and institutional investors.
Summary
Futu Holdings reported a strong financial performance in the latest quarter with GAAP EPS of $1.08, beating estimates by $0.22. Revenue was also impressive at $318.5 million, beating estimates by $50.73 million. These results represent a significant increase in profitability as Futu Holdings continues to make advances in its key strategic initiatives. Investment analysis of the company indicates that FUTU’s growth strategy and strong fundamentals should provide a strong base from which to deliver further returns for investors.
The company is making investments in technology, expansion, and customer service which should support further growth and improve market position. Looking ahead, investors should be mindful of the risks and challenges posed by global market conditions, geopolitical developments, and competitive pressures.
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