TIGR Stock Analysis: Up Fintech Holding | NASDAQ
Capital Markets | NASDAQ, USA | Market Cap: 869m USD | 12M Return: -57.1% | US91531W1062 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.5M
EPS Trend: 84.9%
Qual. Beats: 0
Rev. Trend: 99.1%
Qual. Beats: 2
Warnings
Tailwinds
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.
UP Fintech Holding Limited (NASDAQ: TIGR) is a Singapore-headquartered online brokerage founded in 2014, operating the Tiger Trade platform to serve Chinese investors across New Zealand, the Cayman Islands, Singapore, the United States, and other markets. The platform supports trading in stocks, options, warrants, and futures via mobile app and website, supplementing core brokerage activity with margin financing, securities lending, and trade execution services. The company also generates revenue from a diversified service stack, including asset and wealth management, ESOP administration, fund structuring and custody, IPO underwriting, and investor education and community tools. As a digital-first brokerage, TIGR relies primarily on transaction-based commissions, net interest income from margin lending, and fee-based asset management, while cross-border investing demand from Chinas retail investor base remains a key structural driver for the platforms user growth.
- Chinese ADR trading volumes drive commission revenue growth
- Hong Kong and Singapore expansion reduces China regulatory concentration risk
- Margin financing income pressured by Hong Kong rate cuts
| Net Income: 111.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.19 > 1.0 |
| NWC/Revenue: 339.8% < 20% (prev 147.8%; Δ 192.1% < -1%) |
| CFO/TA 0.14 > 3% & CFO 1.32b > Net Income 111.8m |
| Net Debt (-878.9m) to EBITDA (249.5m): -3.52 < 3 |
| Current Ratio: 1.32 > 1.5 & < 3 |
| Outstanding Shares: last quarter (183.1m) vs 12m ago -1.27% < -2% |
| Gross Margin: 87.98% > 18% (prev 66.81%; Δ 21.17% > 0.5%) |
| Asset Turnover: 7.53% > 50% (prev 5.48%; Δ 2.04% > 0%) |
| Interest Coverage Ratio: 2.95 > 6 (EBIT TTM 238.3m / Interest Expense TTM 80.8m) |
| A: 0.24 (Total Current Assets 9.64b - Total Current Liabilities 7.30b) / Total Assets 9.75b |
| B: 0.02 (Retained Earnings 221.1m / Total Assets 9.75b) |
| C: 0.03 (EBIT TTM 238.3m / Avg Total Assets 9.16b) |
| D: 0.10 (Book Value of Equity 887.2m / Total Liabilities 8.86b) |
| Altman-Z'' = 1.93 = BBB |
| DSRI: 0.80 (Receivables 4.81b/4.08b, Revenue 689.4m/469.8m) |
| GMI: 0.76 (GM 66.81% / 87.98%) |
| AQI: 1.65 (AQ_t 0.01 / AQ_t-1 0.01) |
| SGI: 1.47 (Revenue 689.4m / 469.8m) |
| TATA: -0.12 (NI 111.8m - CFO 1.32b) / TA 9.75b) |
| Beneish M = -2.70 (Cap -4..+1) = A |
As of September 18, 2026, the stock is trading at USD 4.74 with a total of 1,396,675 shares traded. Over the past week, the price has changed by -3.27%, over one month by -2.07%, over three months by +0.64% and over the past year by -57.10%.
Current recommended Stop Loss: 4.30 (which is 9.3% or 2.3 ATR below the current price).
Up Fintech Holding has received a consensus analysts rating of 4.14. Therefore, it is recommended to buy TIGR.
- StrongBuy: 4
- Buy: 1
- Hold: 1
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 7.7 | 62.7% |
P/E Trailing = 10.0625
P/E Forward = 14.9925
P/S = 1.4305
P/B = 0.9923
Revenue TTM = 689.4m USD
EBIT TTM = 238.3m USD
EBITDA TTM = 249.5m USD
Long Term Debt = 53.1m USD (from longTermDebt, last quarter)
Short Term Debt = 6.50m USD (from shortTermDebt, last quarter)
Debt = 69.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 8.23m
Net Debt = -878.9m USD (calculated: Debt 69.6m - CCE 948.5m)
Enterprise Value = 868.7m USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 2.95 (Ebit TTM 238.3m / Interest Expense TTM 80.8m)
EV/FCF = 6.66x (Enterprise Value 868.7m / FCF TTM 130.4m)
FCF Yield = 15.01% (FCF TTM 130.4m / Enterprise Value 868.7m)
FCF Margin = 18.91% (FCF TTM 130.4m / Revenue TTM 689.4m)
Net Margin = 16.22% (Net Income TTM 111.8m / Revenue TTM 689.4m)
Gross Margin = 87.98% ((Revenue TTM 689.4m - Cost of Revenue TTM 82.9m) / Revenue TTM)
Gross Margin QoQ = 93.22% (prev none%)
Tobins Q-Ratio = 0.09 (Enterprise Value 868.7m / Total Assets 9.75b)
Interest Expense / Debt = 116.1% (Interest Expense 80.8m / Debt 69.6m)
Taxrate = 28.73% (45.3m / 157.5m)
NOPAT = 169.9m (EBIT 238.3m * (1 - 28.73%))
Current Ratio = 0.61 (Total Current Assets 9.64b / Total Current Liabilities 15.9b)
Debt / Equity = 0.08 (Debt 69.6m / totalStockholderEquity, last quarter 887.2m)
Debt / EBITDA = -3.52 (Net Debt -878.9m / EBITDA 249.5m)
Debt / FCF = -6.74 (Net Debt -878.9m / FCF TTM 130.4m)
Total Stockholder Equity = 857.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.22% (Net Income 111.8m / Total Assets 9.75b)
RoE = 13.05% (Net Income TTM 111.8m / Total Stockholder Equity 857.0m)
RoCE = 26.19% (EBIT 238.3m / Capital Employed (Equity 857.0m + L.T.Debt 53.1m))
RoIC = 1.75% (NOPAT 169.9m / Invested Capital 9.72b)
WACC = 10.67% (E(868.7m)/V(938.2m) * Re(11.53%) + (debt cost/tax rate unavailable))
Discount Rate = 11.53% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 81.03 | Cagr: 5.28%
[DCF] Terminal Value 67.68% ; FCFF base≈130.6m ; Y1≈130.7m ; Y5≈137.6m
[DCF] Fair Price = 13.93 (EV 1.54b - Net Debt -878.9m = Equity 2.41b / Shares 173.3m; r=10.67% [WACC]; 5y FCF grow -0.38% → 2.50% )
EPS Correlation: 84.89 | EPS CAGR: 80.90% | SUE: -0.17 | # QB: 0
Revenue Correlation: 99.09 | Revenue CAGR: 47.17% | SUE: 2.57 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.21 | Chg30d=+34.79% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.56 | Chg30d=+8.53% | Revisions=+17% | GrowthEPS=-44.6% | GrowthRev=+13.8%
EPS next Year (2027-12-31): EPS=0.90 | Chg30d=-4.54% | Revisions=+0% | GrowthEPS=+60.8% | GrowthRev=-2.7%
[Analyst] Revisions Ratio: +18% (up=5, down=3)