(HSBC) HSBC Holdings - Ratings and Ratios
Banking, Credit, Investment, Insurance, Wealth Management
Dividends
| Dividend Yield | 4.45% |
| Yield on Cost 5y | 16.30% |
| Yield CAGR 5y | 40.49% |
| Payout Consistency | 88.9% |
| Payout Ratio | 104.8% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 24.9% |
| Value at Risk 5%th | 40.8% |
| Relative Tail Risk | -0.36% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.93 |
| Alpha | 52.37 |
| CAGR/Max DD | 2.01 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.545 |
| Beta | 0.753 |
| Beta Downside | 0.913 |
| Drawdowns 3y | |
|---|---|
| Max DD | 21.83% |
| Mean DD | 3.31% |
| Median DD | 2.22% |
Description: HSBC HSBC Holdings December 02, 2025
HSBC Holdings plc (NYSE:HSBC) operates globally through three core divisions: Wealth & Personal Banking, which serves retail and high-net-worth clients with deposits, loans, cards and wealth-management products; Commercial Banking, which provides credit, treasury, trade-finance and advisory services to SMEs, mid-market firms and corporates; and Global Banking & Markets, which delivers financing, advisory, and a full suite of market-risk products to governments, institutions and private investors.
As of FY 2023, HSBC reported a net profit of $13.9 bn, a CET1 capital ratio of 15.9 % (well above the 10.5 % regulatory minimum), and a dividend yield near 5.8 %-both key indicators of financial resilience and shareholder return. The bank’s net interest margin (NIM) has stabilized around 1.6 % after a 2022 dip, reflecting the impact of the recent interest-rate cycle.
Key drivers of HSBC’s performance include: (1) the steepening of global interest rates, which boosts NIM but also raises funding costs; (2) its heavy exposure to Asia-Pacific, where GDP growth of 5 %-6 % YoY supports loan demand and fee income; and (3) tightening Basel III capital requirements, prompting the bank to prioritize high-return, low-risk assets to maintain its strong capital position.
For a deeper, data-driven assessment of HSBC’s valuation and risk profile, you might explore the analytics available on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (17.69b TTM) > 0 and > 6% of Revenue (6% = 6.98b TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA 0.76pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -1307 % (prev -747.2%; Δ -559.9pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.02 (>3.0%) and CFO 65.31b > Net Income 17.69b (YES >=105%, WARN >=100%) |
| Net Debt (-42.17b) to EBITDA (27.23b) ratio: -1.55 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.16 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (3.46b) change vs 12m ago -4.70% (target <= -2.0% for YES) |
| Gross Margin 57.43% (prev 72.42%; Δ -14.99pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 3.67% (prev 6.80%; Δ -3.12pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.26 (EBITDA TTM 27.23b / Interest Expense TTM 65.59b) >= 6 (WARN >= 3) |
Altman Z'' -2.84
| (A) -0.47 = (Total Current Assets 298.30b - Total Current Liabilities 1818.71b) / Total Assets 3234.22b |
| (B) 0.05 = Retained Earnings (Balance) 152.40b / Total Assets 3234.22b |
| (C) 0.01 = EBIT TTM 16.78b / Avg Total Assets 3166.42b |
| (D) 0.06 = Book Value of Equity 170.16b / Total Liabilities 3035.53b |
| Total Rating: -2.84 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 67.76
| 1. Piotroski 4.0pt |
| 2. FCF Yield 25.41% |
| 3. FCF Margin 52.81% |
| 4. Debt/Equity 1.27 |
| 5. Debt/Ebitda -1.55 |
| 6. ROIC - WACC (= -3.02)% |
| 7. RoE 9.58% |
| 8. Rev. Trend 63.05% |
| 9. EPS Trend 5.31% |
What is the price of HSBC shares?
Over the past week, the price has changed by +2.87%, over one month by +2.83%, over three months by +9.11% and over the past year by +62.85%.
Is HSBC a buy, sell or hold?
- Strong Buy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the HSBC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 75.4 | 1.7% |
| Analysts Target Price | 75.4 | 1.7% |
| ValueRay Target Price | 112.6 | 52% |
HSBC Fundamental Data Overview December 06, 2025
P/E Trailing = 15.0968
P/E Forward = 9.5969
P/S = 4.2465
P/B = 1.2915
P/EG = 2.2329
Beta = 0.393
Revenue TTM = 116.31b USD
EBIT TTM = 16.78b USD
EBITDA TTM = 27.23b USD
Long Term Debt = unknown (none)
Short Term Debt = 329.60b USD (from shortTermDebt, last fiscal year)
Debt = 242.35b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -42.17b USD (from netDebt column, last fiscal year)
Enterprise Value = 241.72b USD (246.19b + Debt 242.35b - CCE 246.82b)
Interest Coverage Ratio = 0.26 (Ebit TTM 16.78b / Interest Expense TTM 65.59b)
FCF Yield = 25.41% (FCF TTM 61.42b / Enterprise Value 241.72b)
FCF Margin = 52.81% (FCF TTM 61.42b / Revenue TTM 116.31b)
Net Margin = 15.21% (Net Income TTM 17.69b / Revenue TTM 116.31b)
Gross Margin = 57.43% ((Revenue TTM 116.31b - Cost of Revenue TTM 49.51b) / Revenue TTM)
Gross Margin QoQ = 53.46% (prev 100.0%)
Tobins Q-Ratio = 0.07 (Enterprise Value 241.72b / Total Assets 3234.22b)
Interest Expense / Debt = 6.43% (Interest Expense 15.58b / Debt 242.35b)
Taxrate = 24.56% (1.79b / 7.29b)
NOPAT = 12.66b (EBIT 16.78b * (1 - 24.56%))
Current Ratio = 0.16 (Total Current Assets 298.30b / Total Current Liabilities 1818.71b)
Debt / Equity = 1.27 (Debt 242.35b / totalStockholderEquity, last quarter 191.43b)
Debt / EBITDA = -1.55 (Net Debt -42.17b / EBITDA 27.23b)
Debt / FCF = -0.69 (Net Debt -42.17b / FCF TTM 61.42b)
Total Stockholder Equity = 184.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.55% (Net Income 17.69b / Total Assets 3234.22b)
RoE = 9.58% (Net Income TTM 17.69b / Total Stockholder Equity 184.76b)
RoCE = 1.19% (EBIT 16.78b / Capital Employed (Total Assets 3234.22b - Current Liab 1818.71b))
RoIC = 3.81% (NOPAT 12.66b / Invested Capital 331.91b)
WACC = 6.84% (E(246.19b)/V(488.54b) * Re(8.79%) + D(242.35b)/V(488.54b) * Rd(6.43%) * (1-Tc(0.25)))
Discount Rate = 8.79% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.24%
[DCF Debug] Terminal Value 79.05% ; FCFE base≈51.02b ; Y1≈62.94b ; Y5≈107.38b
Fair Price DCF = 461.9 (DCF Value 1585.69b / Shares Outstanding 3.43b; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 5.31 | EPS CAGR: 20.31% | SUE: -0.21 | # QB: 0
Revenue Correlation: 63.05 | Revenue CAGR: 32.86% | SUE: 0.61 | # QB: 0
EPS next Year (2026-12-31): EPS=7.90 | Chg30d=+3.520 | Revisions Net=+0 | Growth EPS=+2.4% | Growth Revenue=+1.5%
Additional Sources for HSBC Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle