FUTU Stock Analysis: Futu Holdings | NASDAQ
Capital Markets | NASDAQ, USA | Market Cap: 15.703m USD | 12M Return: -33.1% | US36118L1061 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 106M
EPS Trend: 84.0%
Qual. Beats: -2
Rev. Trend: 97.8%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Futu Holdings Limited is a Hong Kong-headquartered digital brokerage and wealth management platform founded in 2007 and listed on NASDAQ since March 2019. It operates a dual-brand digital ecosystem through its Futubull and Moomoo platforms, offering retail and institutional clients securities and derivatives trading, margin financing, fund distribution, market data, and a social-investing community called NiuNiu.
Its wealth management offering, distributed under the Money Plus brand, gives clients access to mutual funds, private funds, bonds, and structured products. The companys business model is characteristic of Asias online brokers, which monetize primarily through trading commissions, margin lending interest, and asset-based fees on wealth management products, while leveraging low-cost digital platforms to serve cross-border retail investors.
- Net interest income surges on elevated Hong Kong rates
- Singapore and US expansion diversifies Hong Kong revenue base
- Hong Kong regulators tighten scrutiny on mainland client onboarding
| Net Income: 11.1b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -0.23 > 1.0 |
| NWC/Revenue: -216.3% < 20% (prev 173.1%; Δ -389.4% < -1%) |
| CFO/TA 0.14 > 3% & CFO 40.8b > Net Income 11.1b |
| Net Debt (3.75b) to EBITDA (16.8b): 0.22 < 3 |
| Current Ratio: 0.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (140.0m) vs 12m ago -0.55% < -2% |
| Gross Margin: 89.40% > 18% (prev 83.75%; Δ 5.65% > 0.5%) |
| Asset Turnover: 10.55% > 50% (prev 8.75%; Δ 1.80% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: -0.19 (Total Current Assets 148b - Total Current Liabilities 204b) / Total Assets 293b |
| B: 0.09 (Retained Earnings 27.6b / Total Assets 293b) |
| C: 0.07 (EBIT TTM 16.6b / Avg Total Assets 246b) |
| D: 0.15 (Book Value of Equity 38.9b / Total Liabilities 253b) |
| Altman-Z'' = -0.33 = B |
| DSRI: 1.04 (Receivables 123b/79.0b, Revenue 25.9b/17.4b) |
| GMI: 0.94 (GM 83.75% / 89.40%) |
| AQI: 31.43 (AQ_t 0.49 / AQ_t-1 0.02) |
| SGI: 1.49 (Revenue 25.9b / 17.4b) |
| TATA: -0.10 (NI 11.1b - CFO 40.8b) / TA 293b) |
| Beneish M = 15.34 (Cap -4..+1) = D |
As of September 24, 2026, the stock is trading at USD 109.99 with a total of 745,087 shares traded. Over the past week, the price has changed by +0.15%, over one month by -5.03%, over three months by +12.35% and over the past year by -33.12%.
Current recommended Stop Loss: 100.30 (which is 8.8% or 2.5 ATR below the current price).
Futu Holdings has received a consensus analysts rating of 4.63. Therefore, it is recommended to buy FUTU.
- StrongBuy: 14
- Buy: 3
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 160.9 | 46.3% |
Market Cap HKD = 123b (15.7b USD * 7.8452 USD.HKD)
P/E Trailing = 11.1786
P/E Forward = 10.0908
P/S = 0.6527
P/B = 3.1683
Revenue TTM = 25.9b HKD
EBIT TTM = 16.6b HKD
EBITDA TTM = 16.8b HKD
Long Term Debt = 527.6m HKD (estimated: total debt 28.3b - short term 27.8b)
Short Term Debt = 27.8b HKD (from shortTermDebt, last quarter)
Debt = 29.1b HKD (from shortLongTermDebtTotal, last quarter) + Leases 739.4m
Net Debt = 3.75b HKD (calculated: Debt 29.1b - CCE 25.3b)
Enterprise Value = 127b HKD (123b + Debt 29.1b - CCE 25.3b)
Interest Coverage Ratio = unknown (Ebit TTM 16.6b / Interest Expense TTM 0.0)
EV/FCF = 11.07x (Enterprise Value 127b / FCF TTM 11.5b)
FCF Yield = 9.03% (FCF TTM 11.5b / Enterprise Value 127b)
FCF Margin = 44.27% (FCF TTM 11.5b / Revenue TTM 25.9b)
Net Margin = 42.92% (Net Income TTM 11.1b / Revenue TTM 25.9b)
Gross Margin = 89.40% ((Revenue TTM 25.9b - Cost of Revenue TTM 2.75b) / Revenue TTM)
Gross Margin QoQ = 93.44% (prev 87.20%)
Tobins Q-Ratio = 0.43 (Enterprise Value 127b / Total Assets 293b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 29.1b)
Taxrate = 19.00% (2.60b / 13.7b)
NOPAT = 13.4b (EBIT 16.6b * (1 - 19.00%))
Current Ratio = 0.35 (Total Current Assets 148b / Total Current Liabilities 421b)
Debt / Equity = 0.75 (Debt 29.1b / totalStockholderEquity, last quarter 38.9b)
Debt / EBITDA = 0.22 (Net Debt 3.75b / EBITDA 16.8b)
Debt / FCF = 0.33 (Net Debt 3.75b / FCF TTM 11.5b)
Total Stockholder Equity = 39.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.53% (Net Income 11.1b / Total Assets 293b)
RoE = 28.42% (Net Income TTM 11.1b / Total Stockholder Equity 39.1b)
RoCE = 41.77% (EBIT 16.6b / Capital Employed (Equity 39.1b + L.T.Debt 527.6m))
RoIC = 4.61% (NOPAT 13.4b / Invested Capital 291b)
WACC = 9.75% (E(123b)/V(152b) * Re(12.05%) + D(29.1b)/V(152b) * Rd(0.0%) * (1-Tc(0.19)))
Discount Rate = 12.05% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 68.38 | Cagr: 0.23%
[DCF] Terminal Value 73.58% ; FCFF base≈10.2b ; Y1≈11.7b ; Y5≈17.2b
[DCF] Fair Price = 2.12k (EV 207b - Net Debt 3.75b = Equity 203b / Shares 95.8m; r=9.75% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 84.01 | EPS CAGR: 42.19% | SUE: -2.63 | # QB: -2
Revenue Correlation: 97.78 | Revenue CAGR: 50.77% | SUE: 1.28 | # QB: 1
EPS current Quarter (2026-09-30): EPS=29.93 | Chg30d=-1.01% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=77.63 | Chg30d=+9.13% | Revisions=+44% | GrowthEPS=-5.8% | GrowthRev=+10.9%
EPS next Year (2027-12-31): EPS=96.86 | Chg30d=+1.04% | Revisions=+50% | GrowthEPS=+24.8% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: +47% (up=11, down=3)