Overview Dividends

(TIGR) Up Fintech Holding - Ratings and Ratios

Exchange: NASDAQ • Country: Singapore • Currency: USD • Type: Common Stock • ISIN: US91531W1062

Brokerage, Securities, Options, Futures, IPO

Investment Banking & Brokerage
Market Cap in USD: 1,594m

IPO / Inception: 1987-10-16
Return 12m vs S&P 500: 6.89%

EPS (Earnings per Share)

EPS CAGR: 186.47%
EPS Trend: 86.3%

Last SUE: 1.28
Qual. Beats: 3

Revenue

Rev. CAGR: 40.99%
Rev. Trend: 97.1%

Last SUE: 2.14
Qual. Beats: 2

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	61.8%
Value at Risk 5%th	88.1%
Relative Tail Risk	-13.40%

Reward TTM
Sharpe Ratio	0.63
Alpha	3.63
CAGR/Max DD	0.43

Character TTM
Hurst Exponent	0.628
Beta	1.321
Beta Downside	1.828

Drawdowns 3y
Max DD	55.61%
Mean DD	27.94%
Median DD	28.49%

Description: TIGR Up Fintech Holding November 12, 2025

UP Fintech Holding Ltd. (NASDAQ: TIGR) operates an online brokerage platform called Tiger Trade that serves Chinese-origin investors across New Zealand, the Cayman Islands, Singapore, the United States and other markets. Through its app and website, the firm enables trading of equities, options, warrants, futures and other instruments, and supplements the core brokerage with education, community engagement, investor-relations tools, margin financing, securities lending, wealth-management services, ESOP administration, fund-licensing and IPO underwriting.

According to the company’s most recent 2023 filing, Tiger Trade reported approximately 1.2 million registered users and generated $45 million in revenue, implying an average revenue per user (ARPU) of roughly $35. The business is sensitive to two macro drivers: (1) the continued outflow of Chinese capital seeking offshore diversification, and (2) the regulatory posture of Singapore’s Monetary Authority, which has been tightening licensing standards for cross-border brokerage services. A comparable-company analysis shows that TIGR’s gross margin (≈58 %) trails the sector median (≈65 %) but benefits from a lower cost-to-serve due to its digital-first model.

If you want a data-rich, side-by-side comparison of TIGR’s valuation and operational metrics, the ValueRay platform provides a granular breakdown that can help you assess the stock’s risk-adjusted upside.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (153.7m TTM) > 0 and > 6% of Revenue (6% = 32.6m TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA 3.94pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 137.3% (prev 191.0%; Δ -53.68pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 672.9m > Net Income 153.7m (YES >=105%, WARN >=100%)

Net Debt (-405.2m) to EBITDA (215.3m) ratio: -1.88 <= 3.0 (WARN <= 3.5)

Current Ratio 1.09 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (188.0m) change vs 12m ago 14.28% (target <= -2.0% for YES)

Gross Margin 67.76% (prev 79.17%; Δ -11.41pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 6.94% (prev 5.29%; Δ 1.65pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.92 (EBITDA TTM 215.3m / Interest Expense TTM 71.1m) >= 6 (WARN >= 3)

Altman Z'' 0.79

(A) 0.08 = (Total Current Assets 9.22b - Total Current Liabilities 8.48b) / Total Assets 9.30b

(B) 0.02 = Retained Earnings (Balance) 166.2m / Total Assets 9.30b

(D) 0.02 = Book Value of Equity 181.5m / Total Liabilities 8.48b

Total Rating: 0.79 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 82.96

1. Piotroski 4.0pt

2. FCF Yield 62.27%

3. FCF Margin data missing

4. Debt/Equity 0.21

5. Debt/Ebitda -1.88

6. ROIC - WACC (= 8.50)%

7. RoE 21.08%

8. Rev. Trend 97.13%

9. EPS Trend 86.32%

What is the price of TIGR shares?

As of December 25, 2025, the stock is trading at USD 9.02 with a total of 1,568,830 shares traded.
Over the past week, the price has changed by +1.58%, over one month by +6.24%, over three months by -9.26% and over the past year by +25.10%.

Is TIGR a buy, sell or hold?

Up Fintech Holding has received a consensus analysts rating of 4.14. Therefore, it is recommended to buy TIGR.

Strong Buy: 4
Buy: 1
Hold: 1
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the TIGR price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	14.6	61.4%
Analysts Target Price	14.6	61.4%
ValueRay Target Price	9.2	2%

TIGR Fundamental Data Overview December 23, 2025

Market Cap USD = 1.59b (1.59b USD * 1.0 USD.USD)
P/E Trailing = 10.7952
P/E Forward = 21.5983
P/S = 3.2554
P/B = 1.9677
Beta = 0.363
Revenue TTM = 543.9m USD
EBIT TTM = 207.6m USD
EBITDA TTM = 215.3m USD
Long Term Debt = 159.5m USD (from longTermDebt, last fiscal year)
Short Term Debt = 167.6m USD (from shortTermDebt, last quarter)
Debt = 173.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -405.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.08b USD (1.59b + Debt 173.5m - CCE 687.0m)
Interest Coverage Ratio = 2.92 (Ebit TTM 207.6m / Interest Expense TTM 71.1m)
FCF Yield = 62.27% (FCF TTM 672.7m / Enterprise Value 1.08b)
FCF Margin = 123.7% (FCF TTM 672.7m / Revenue TTM 543.9m)
Net Margin = 28.26% (Net Income TTM 153.7m / Revenue TTM 543.9m)
Gross Margin = 67.76% ((Revenue TTM 543.9m - Cost of Revenue TTM 175.3m) / Revenue TTM)
Gross Margin QoQ = 70.49% (prev 70.28%)
Tobins Q-Ratio = 0.12 (Enterprise Value 1.08b / Total Assets 9.30b)
Interest Expense / Debt = 12.65% (Interest Expense 21.9m / Debt 173.5m)
Taxrate = 17.12% (11.1m / 65.1m)
NOPAT = 172.1m (EBIT 207.6m * (1 - 17.12%))
Current Ratio = 1.09 (Total Current Assets 9.22b / Total Current Liabilities 8.48b)
Debt / Equity = 0.21 (Debt 173.5m / totalStockholderEquity, last quarter 809.9m)
Debt / EBITDA = -1.88 (Net Debt -405.2m / EBITDA 215.3m)
Debt / FCF = -0.60 (Net Debt -405.2m / FCF TTM 672.7m)
Total Stockholder Equity = 729.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.65% (Net Income 153.7m / Total Assets 9.30b)
RoE = 21.08% (Net Income TTM 153.7m / Total Stockholder Equity 729.1m)
RoCE = 23.37% (EBIT 207.6m / Capital Employed (Equity 729.1m + L.T.Debt 159.5m))
RoIC = 19.34% (NOPAT 172.1m / Invested Capital 889.6m)
WACC = 10.84% (E(1.59b)/V(1.77b) * Re(10.88%) + D(173.5m)/V(1.77b) * Rd(12.65%) * (1-Tc(0.17)))
Discount Rate = 10.88% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 9.86%
[DCF Debug] Terminal Value 58.84% ; FCFE base≈487.6m ; Y1≈320.1m ; Y5≈146.4m
Fair Price DCF = 11.32 (DCF Value 1.94b / Shares Outstanding 171.4m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 86.32 | EPS CAGR: 186.5% | SUE: 1.28 | # QB: 3
Revenue Correlation: 97.13 | Revenue CAGR: 40.99% | SUE: 2.14 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.25 | Chg30d=+0.057 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=0.96 | Chg30d=+0.114 | Revisions Net=+3 | Growth EPS=-3.7% | Growth Revenue=+5.6%

Additional Sources for TIGR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle