(HSBC) HSBC Holdings - Overview

Sector: Financial Services | Industry: Banks - Diversified | Exchange: NYSE (USA) | Market Cap: 272.221m USD | Total Return: 66.1% in 12m

Stock Banking, Investments, Loans, Payments, Insurance
Total Rating 56
Safety 63
Buy Signal 0.45
Banks - Diversified -2.5
Diversified Banks -1.8
Market Cap: 272,221m
Avg Trading Vol: 172M USD
ATR: 3.01%
Peers RS (IBD): 84.3
Risk 5d forecast
Volatility33.6%
Rel. Tail Risk-3.29%
Reward TTM
Sharpe Ratio1.47
Alpha33.72
Character TTM
Beta0.872
Beta Downside1.478
Drawdowns 3y
Max DD21.83%
CAGR/Max DD1.97
EPS (Earnings per Share) EPS (Earnings per Share) of HSBC over the last years for every Quarter: "2021-03": 0.95, "2021-06": 0.85, "2021-09": 0.85, "2021-12": 0.7, "2022-03": 0.7, "2022-06": 1.4, "2022-09": 0.5, "2022-12": 2.47, "2023-03": 0.52, "2023-06": 0.86, "2023-09": 1.45, "2023-12": -0.0397, "2024-03": 2.7028, "2024-06": 1.7117, "2024-09": 1.6897, "2024-12": 0.05, "2025-03": 1.95, "2025-06": 1.3103, "2025-09": 1.4002, "2025-12": 1.85, "2026-03": 0,
EPS CAGR: -43.99%
EPS Trend: -3.8%
Last SUE: -2.92
Qual. Beats: 0
Revenue Revenue of HSBC over the last years for every Quarter: 2021-03: 16759, 2021-06: 12849, 2021-09: 14891, 2021-12: 11539, 2022-03: 12225, 2022-06: 21431, 2022-09: 13917, 2022-12: 43540, 2023-03: 16530, 2023-06: 45159, 2023-09: 33801, 2023-12: 78685, 2024-03: 36632, 2024-06: 58733, 2024-09: 36544, 2024-12: 34568, 2025-03: 33851, 2025-06: 33733, 2025-09: 33484, 2025-12: 46794.73, 2026-03: null,
Rev. CAGR: 43.04%
Rev. Trend: 54.5%
Last SUE: 3.07
Qual. Beats: 1
Description: HSBC HSBC Holdings

HSBC Holdings PLC offers global banking and financial services. The company operates through three primary segments.

The Wealth and Personal Banking segment provides retail banking and wealth management products. This includes accounts, loans, cards, and payment services, alongside insurance and investment products. This segment serves individual clients, including high net worth individuals.

The Commercial Banking segment delivers credit, lending, treasury, and payment solutions. It also offers trade finance, foreign exchange, and capital raising services. This segment targets small to medium-sized businesses and larger corporations. Commercial banks generate revenue through net interest income and various fees.

The Global Banking and Markets segment focuses on financing, advisory, and transaction services. It covers credit, rates, foreign exchange, equities, and securities services. This segment serves governments, corporations, institutions, and private investors. Investment banking, a component of this segment, typically involves higher risk and higher potential returns compared to retail banking.

HSBC was founded in 1865 and is headquartered in London, UK. For a deeper dive into HSBCs financials and market position, consider exploring its profile on ValueRay.

Headlines to Watch Out For
  • Hong Kong economic performance impacts HSBCs largest revenue segment
  • Global interest rate changes affect net interest income
  • Regulatory fines and compliance costs erode profitability
  • Geopolitical tensions in Asia create operational uncertainty
  • Wealth management growth drives international segment expansion
Piotroski VR‑10 (Strict) 3.5
Net Income: 22.28b TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA -1.75 > 1.0
NWC/Revenue: 273.3% < 20% (prev -913.3%; Δ 1.19k% < -1%)
CFO/TA 0.00 > 3% & CFO 10.84b > Net Income 22.28b
Net Debt (208.86b) to EBITDA (29.03b): 7.19 < 3
Current Ratio: 2.62 > 1.5 & < 3
Outstanding Shares: last quarter (3.52b) vs 12m ago -1.88% < -2%
Gross Margin: 54.63% > 18% (prev 0.54%; Δ 5.41k% > 0.5%)
Asset Turnover: 4.73% > 50% (prev 5.52%; Δ -0.79% > 0%)
Interest Coverage Ratio: 0.43 > 6 (EBITDA TTM 29.03b / Interest Expense TTM 63.23b)
Altman Z'' 1.11
A: 0.12 (Total Current Assets 653.08b - Total Current Liabilities 249.04b) / Total Assets 3233.03b
B: 0.05 (Retained Earnings 169.60b / Total Assets 3233.03b)
C: 0.01 (EBIT TTM 27.06b / Avg Total Assets 3125.04b)
D: 0.06 (Book Value of Equity 177.40b / Total Liabilities 3048.08b)
Altman-Z'' Score: 1.11 = BB
Beneish M
DSRI: none (Receivables none/none, Revenue 147.86b/166.48b)
GMI: 1.00 (GM 54.63% / 54.41%)
AQI: 0.89 (AQ_t 0.79 / AQ_t-1 0.90)
SGI: 0.89 (Revenue 147.86b / 166.48b)
TATA: 0.00 (NI 22.28b - CFO 10.84b) / TA 3233.03b)
Beneish M-Score: cannot calculate (missing components)
What is the price of HSBC shares? As of April 05, 2026, the stock is trading at USD 82.49 with a total of 2,085,457 shares traded.
Over the past week, the price has changed by +6.59%, over one month by +1.51%, over three months by +6.77% and over the past year by +66.06%.
Is HSBC a buy, sell or hold? HSBC Holdings has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy HSBC.
  • StrongBuy: 1
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the HSBC price?
Wallstreet Target Price 96.9 17.5%
Analysts Target Price 96.9 17.5%
HSBC Fundamental Data Overview as of 04 April 2026
P/E Trailing = 13.1983
P/E Forward = 9.2166
P/S = 4.3057
P/B = 1.3307
P/EG = 1.024
Revenue TTM = 147.86b USD
EBIT TTM = 27.06b USD
EBITDA TTM = 29.03b USD
Long Term Debt = 246.75b USD (estimated: total debt 495.79b - short term 249.04b)
Short Term Debt = 249.04b USD (from shortTermDebt, last quarter)
Debt = 495.79b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 208.86b USD (from netDebt column, last quarter)
Enterprise Value = 114.93b USD (272.22b + Debt 495.79b - CCE 653.08b)
Interest Coverage Ratio = 0.43 (Ebit TTM 27.06b / Interest Expense TTM 63.23b)
EV/FCF = 12.24x (Enterprise Value 114.93b / FCF TTM 9.39b)
FCF Yield = 8.17% (FCF TTM 9.39b / Enterprise Value 114.93b)
FCF Margin = 6.35% (FCF TTM 9.39b / Revenue TTM 147.86b)
Net Margin = 15.07% (Net Income TTM 22.28b / Revenue TTM 147.86b)
Gross Margin = 54.63% ((Revenue TTM 147.86b - Cost of Revenue TTM 67.08b) / Revenue TTM)
Gross Margin QoQ = 58.73% (prev 53.46%)
Tobins Q-Ratio = 0.04 (Enterprise Value 114.93b / Total Assets 3233.03b)
Interest Expense / Debt = 3.12% (Interest Expense 15.45b / Debt 495.79b)
Taxrate = 26.33% (1.61b / 6.12b)
NOPAT = 19.93b (EBIT 27.06b * (1 - 26.33%))
Current Ratio = 2.62 (Total Current Assets 653.08b / Total Current Liabilities 249.04b)
Debt / Equity = 2.79 (Debt 495.79b / totalStockholderEquity, last quarter 177.51b)
Debt / EBITDA = 7.19 (Net Debt 208.86b / EBITDA 29.03b)
Debt / FCF = 22.25 (Net Debt 208.86b / FCF TTM 9.39b)
Total Stockholder Equity = 182.90b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.71% (Net Income 22.28b / Total Assets 3233.03b)
RoE = 12.18% (Net Income TTM 22.28b / Total Stockholder Equity 182.90b)
RoCE = 6.30% (EBIT 27.06b / Capital Employed (Equity 182.90b + L.T.Debt 246.75b))
RoIC = 5.89% (NOPAT 19.93b / Invested Capital 338.46b)
WACC = 4.69% (E(272.22b)/V(768.01b) * Re(9.05%) + D(495.79b)/V(768.01b) * Rd(3.12%) * (1-Tc(0.26)))
Discount Rate = 9.05% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.39%
[DCF] Terminal Value 80.82% ; FCFF base≈30.20b ; Y1≈19.83b ; Y5≈9.07b
[DCF] Fair Price = 23.04 (EV 287.83b - Net Debt 208.86b = Equity 78.97b / Shares 3.43b; r=6.0% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -3.83 | EPS CAGR: -43.99% | SUE: -2.92 | # QB: 0
Revenue Correlation: 54.54 | Revenue CAGR: 43.04% | SUE: 3.07 | # QB: 1
EPS next Quarter (2026-06-30): EPS=2.31 | Chg7d=+0.064 | Chg30d=+0.090 | Revisions Net=+1 | Analysts=1
EPS current Year (2026-12-31): EPS=8.26 | Chg7d=-0.420 | Chg30d=-0.420 | Revisions Net=+1 | Growth EPS=+9.4% | Growth Revenue=+3.2%
EPS next Year (2027-12-31): EPS=9.24 | Chg7d=-0.234 | Chg30d=-0.234 | Revisions Net=+0 | Growth EPS=+11.9% | Growth Revenue=+3.5%
External Resources
Dataroma Stockcircle