FUTU Stock Analysis: Futu Holdings | NASDAQ
Capital Markets | NASDAQ, USA | Market Cap: 14.788m USD | 12M Return: -41% | US36118L1061 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 128M
EPS Trend: 84.0%
Qual. Beats: -2
Rev. Trend: 97.8%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.5 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 fintech company founded in 2007 that operates digitalized securities brokerage and wealth management product distribution services across Hong Kong and international markets. The company delivers its offerings through the Futubull and Moomoo online platforms, providing securities and derivative trade execution, margin financing, and fund distribution, alongside market data, financial information, and the NiuNiu Community open forum for investors. Its Money Plus brand extends these platforms into online wealth management, giving clients access to mutual funds, private funds, bonds, and structured products. Listed on NASDAQ since its 2019 IPO, Futu sits within the Financials sector (GICS sub-industry: Investment Banking & Brokerage) and is classified as a large-cap stock, reflecting its position among the larger Asia-focused online brokerage operators serving retail investors.
- Hong Kong trading volumes on Futubull platform drive brokerage revenue
- Crypto trading expansion boosts new account growth and engagement
- Singapore and US market entry accelerates international client acquisition
- Margin financing income pressured by Hong Kong rate cuts
- US delisting risk for Chinese ADRs weighs on cross-border trading volumes
| 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 (16.3b): 0.23 < 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: 6.73 > 6 (EBIT TTM 16.0b / Interest Expense TTM 2.38b) |
| 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 16.0b / Avg Total Assets 246b) |
| D: 0.15 (Book Value of Equity 38.9b / Total Liabilities 253b) |
| Altman-Z'' = -0.35 = 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 October 24, 2026, the stock is trading at USD 99.19 with a total of 927,479 shares traded. Over the past week, the price has changed by -5.96%, over one month by -9.82%, over three months by +0.23% and over the past year by -40.96%.
Current recommended Stop Loss: 89.80 (which is 9.5% or 2.2 ATR below the current price).
Futu Holdings has received a consensus analysts rating of 4.61. Therefore, it is recommended to buy FUTU.
- StrongBuy: 13
- Buy: 3
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 160.8 | 62.2% |
Market Cap HKD = 116b (14.8b USD * 7.8381 USD.HKD)
P/E Trailing = 10.4643
P/E Forward = 9.9108
P/S = 0.6146
P/B = 3.1109
Revenue TTM = 25.9b HKD
EBIT TTM = 16.0b HKD
EBITDA TTM = 16.3b 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 = 120b HKD (116b + Debt 29.1b - CCE 25.3b)
Interest Coverage Ratio = 6.73 (Ebit TTM 16.0b / Interest Expense TTM 2.38b)
EV/FCF = 10.43x (Enterprise Value 120b / FCF TTM 11.5b)
FCF Yield = 9.58% (FCF TTM 11.5b / Enterprise Value 120b)
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 = 0.41 (Enterprise Value 120b / Total Assets 293b)
Interest Expense / Debt = 8.20% (Interest Expense 2.38b / Debt 29.1b)
Taxrate = 19.00% (2.60b / 13.7b)
NOPAT = 13.0b (EBIT 16.0b * (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 = 0.23 (Net Debt 3.75b / EBITDA 16.3b)
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 = 40.46% (EBIT 16.0b / Capital Employed (Equity 39.1b + L.T.Debt 527.6m))
RoIC = 4.46% (NOPAT 13.0b / Invested Capital 291b)
WACC = 10.69% (E(116b)/V(145b) * Re(11.71%) + D(29.1b)/V(145b) * Rd(8.20%) * (1-Tc(0.19)))
Discount Rate = 11.71% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 68.38 | Cagr: 0.23%
[DCF] Terminal Value 70.77% ; FCFF base≈10.2b ; Y1≈11.7b ; Y5≈17.2b
[DCF] Fair Price = 1.87k (EV 183b - Net Debt 3.75b = Equity 179b / Shares 95.8m; r=10.69% [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=+0.00% | Revisions=+0% | GrowthEPS=-5.8% | GrowthRev=+10.9%
EPS next Year (2027-12-31): EPS=98.64 | Chg30d=+1.85% | Revisions=-25% | GrowthEPS=+27.1% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: -40% (up=0, down=2)