(FIGR) Figure Technology - Overview
Sector: Financial Services | Industry: Capital Markets | Exchange: NASDAQ (USA) | Market Cap: 9.532m USD | Total Return: 9.1% in 12m
Avg Turnover: 128M
Rev. Trend: 100.0%
Warnings
Share dilution 20.1% YoY
Volatile Below Avwap Earnings
Tailwinds
Confidence
Figure Technology Solutions, Inc. (FIGR) is a US-based financial technology company. It specializes in blockchain-based products and solutions for financial marketplaces. The fintech sector, characterized by technological innovation in financial services, has seen significant growth in recent years.
FIGRs offerings include blockchain solutions for lending, trading, and investing, covering consumer credit and digital assets. The company also provides a loan origination system integrated with Figure Connect, a distribution marketplace for capital markets. This business model leverages technology to streamline financial processes, a common approach in modern finance.
Additionally, FIGR is developing a digital asset and credit exchange that supports interest-bearing stablecoin deposits. The company, founded in 2018 and headquartered in Reno, Nevada, changed its name from FT Intermediate, Inc. in August 2025.
To gain deeper insights into FIGRs valuation and market position, further research on ValueRay could be beneficial.
- Blockchain adoption drives lending and trading platform revenue
- Regulatory scrutiny impacts digital asset exchange operations
- Interest rate fluctuations affect consumer credit demand
- Technology development costs pressure profit margins
| Net Income: 179.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 22.58 > 1.0 |
| NWC/Revenue: 169.8% < 20% (prev 86.85%; Δ 82.99% < -1%) |
| CFO/TA 0.02 > 3% & CFO 62.6m > Net Income 179.6m |
| Net Debt (-1.23b) to EBITDA (220.5m): -5.57 < 3 |
| Current Ratio: 1.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (248.8m) vs 12m ago 20.12% < -2% |
| Gross Margin: 90.01% > 18% (prev 0.92%; Δ 8.91k% > 0.5%) |
| Asset Turnover: 30.36% > 50% (prev 20.38%; Δ 9.98% > 0%) |
| Interest Coverage Ratio: 3.73 > 6 (EBITDA TTM 220.5m / Interest Expense TTM 54.8m) |
| A: 0.39 (Total Current Assets 2.23b - Total Current Liabilities 1.17b) / Total Assets 2.73b |
| B: -0.05 (Retained Earnings -142.0m / Total Assets 2.73b) |
| C: 0.10 (EBIT TTM 204.3m / Avg Total Assets 2.04b) |
| D: -0.10 (Book Value of Equity -142.0m / Total Liabilities 1.44b) |
| Altman-Z'' = 2.93 = A |
As of May 24, 2026, the stock is trading at USD 34.38 with a total of 4,027,965 shares traded.
Over the past week, the price has changed by -21.56%,
over one month by -4.82%,
over three months by +12.36% and
over the past year by +9.13%.
Figure Technology has no consensus analysts rating.
P/S = 18.6776
P/B = 6.7568
Revenue TTM = 620.2m USD
EBIT TTM = 204.3m USD
EBITDA TTM = 220.5m USD
Long Term Debt = 230.1m USD (from longTermDebt, last fiscal year)
Short Term Debt = 228.5m USD (from shortTermDebt, last quarter)
Debt = 236.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 4.17m
Net Debt = -1.23b USD (calculated: Debt 236.6m - CCE 1.46b)
Enterprise Value = 8.30b USD (9.53b + Debt 236.6m - CCE 1.46b)
Interest Coverage Ratio = 3.73 (Ebit TTM 204.3m / Interest Expense TTM 54.8m)
EV/FCF = 132.7x (Enterprise Value 8.30b / FCF TTM 62.6m)
FCF Yield = 0.75% (FCF TTM 62.6m / Enterprise Value 8.30b)
FCF Margin = 10.09% (FCF TTM 62.6m / Revenue TTM 620.2m)
Net Margin = 28.96% (Net Income TTM 179.6m / Revenue TTM 620.2m)
Gross Margin = 90.01% ((Revenue TTM 620.2m - Cost of Revenue TTM 61.9m) / Revenue TTM)
Gross Margin QoQ = 87.16% (prev 88.72%)
Tobins Q-Ratio = 3.04 (Enterprise Value 8.30b / Total Assets 2.73b)
Interest Expense / Debt = 23.16% (Interest Expense 54.8m / Debt 236.6m)
Taxrate = 21.0% (US default 21%)
NOPAT = 161.4m (EBIT 204.3m * (1 - 21.00%))
Current Ratio = 1.90 (Total Current Assets 2.23b / Total Current Liabilities 1.17b)
Debt / Equity = 0.18 (Debt 236.6m / totalStockholderEquity, last quarter 1.29b)
Debt / EBITDA = -5.57 (Net Debt -1.23b / EBITDA 220.5m)
Debt / FCF = -19.63 (Net Debt -1.23b / FCF TTM 62.6m)
Total Stockholder Equity = 1.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.79% (Net Income 179.6m / Total Assets 2.73b)
RoE = 15.44% (Net Income TTM 179.6m / Total Stockholder Equity 1.16b)
RoCE = 14.66% (EBIT 204.3m / Capital Employed (Equity 1.16b + L.T.Debt 230.1m))
RoIC = 9.03% (NOPAT 161.4m / Invested Capital 1.79b)
WACC = 16.51% (E(9.53b)/V(9.77b) * Re(16.47%) + D(236.6m)/V(9.77b) * Rd(23.16%) * (1-Tc(0.21)))
Discount Rate = 16.47% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 52.30 | Cagr: 9.60%
[DCF] Terminal Value 52.21% ; FCFF base≈62.6m ; Y1≈62.8m ; Y5≈66.6m
[DCF] Fair Price = 9.15 (EV 434.2m - Net Debt -1.23b = Equity 1.66b / Shares 181.7m; r=16.51% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 99.99 | Revenue CAGR: 65.52% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.30 | Chg30d=+14.02% | Revisions=+43% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.30 | Chg30d=+3.42% | Revisions=+43% | Analysts=4
EPS current Year (2026-12-31): EPS=1.18 | Chg30d=+9.79% | Revisions=+43% | GrowthEPS=-19.9% | GrowthRev=+59.4%
EPS next Year (2027-12-31): EPS=1.38 | Chg30d=+5.77% | Revisions=+43% | GrowthEPS=+16.8% | GrowthRev=+20.5%
[Analyst] Revisions Ratio: +43%