(HBC1) HSBC Holdings - Ratings and Ratios
Banking, Loans, Cards, Insurance, Investment
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 5.36% |
| Yield on Cost 5y | 19.88% |
| Yield CAGR 5y | 35.65% |
| Payout Consistency | 94.1% |
| Payout Ratio | 67.1% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 22.6% |
| Value at Risk 5%th | 35.3% |
| Relative Tail Risk | -4.97% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.46 |
| Alpha | 35.31 |
| CAGR/Max DD | 1.48 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.615 |
| Beta | 0.283 |
| Beta Downside | 0.627 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.10% |
| Mean DD | 3.85% |
| Median DD | 2.60% |
Description: HBC1 HSBC Holdings September 24, 2025
HSBC Holdings plc (XETRA:HBC1) is a globally diversified bank that operates through three core segments: Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets. The Wealth and Personal Banking arm delivers retail banking services (current/savings accounts, mortgages, personal loans, cards, payments) and wealth management solutions (insurance, investment products, asset management) to individuals and high-net-worth clients.
The Commercial Banking segment provides credit, treasury, cash-management, trade finance, foreign-exchange, and capital-raising services to SMEs, mid-market firms, and large corporates, complemented by commercial cards and advisory capabilities.
Global Banking and Markets focuses on financing, advisory, and transaction services, as well as trading and investment products across credit, rates, FX, equities, money markets, and securities for governments, corporates, institutional investors, and private clients.
Key recent metrics (FY 2023): net profit of US$ 30 bn, a CET1 capital ratio of 15.9 % (well above the 10.5 % regulatory minimum), and a cost-to-income ratio of 61 %, indicating solid profitability and capital strength. The bank’s earnings are highly sensitive to interest-rate cycles; the current upward trend in global rates is boosting net interest income, while higher rates also pressure loan-loss provisions in emerging-market exposures.
Sector drivers include the ongoing shift toward digital banking (HSBC invested € 2 bn in technology in 2023 to enhance its online platforms) and the macro-economic environment in Asia-Pacific, where the bank derives roughly 40 % of pre-tax profit, making regional growth and regulatory changes critical to its outlook.
For a deeper, data-driven assessment of HSBC’s valuation and risk profile, you may find it useful to explore the analytical tools available on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (17.69b TTM) > 0 and > 6% of Revenue (6% = 5.67b TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA 0.76pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -1681 % (prev -2390 %; Δ 708.7pp) (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 (-113.65b) to EBITDA (33.48b) ratio: -3.39 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.15 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (17.25b) change vs 12m ago -4.99% (target <= -2.0% for YES) |
| Gross Margin 47.08% (prev 34.23%; Δ 12.85pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 2.98% (prev 2.13%; Δ 0.86pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -0.04 (EBITDA TTM 33.48b / Interest Expense TTM 65.59b) >= 6 (WARN >= 3) |
Altman Z'' -3.02
| (A) -0.49 = (Total Current Assets 284.51b - Total Current Liabilities 1873.09b) / Total Assets 3234.22b |
| (B) 0.05 = Retained Earnings (Balance) 152.40b / Total Assets 3234.22b |
| (C) -0.00 = EBIT TTM -2.93b / Avg Total Assets 3166.42b |
| (D) 0.06 = Book Value of Equity 170.16b / Total Liabilities 3035.53b |
| Total Rating: -3.02 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 60.83
| 1. Piotroski 4.0pt |
| 2. FCF Yield 36.91% |
| 3. FCF Margin 64.99% |
| 4. Debt/Equity 0.91 |
| 5. Debt/Ebitda -3.39 |
| 6. ROIC - WACC (= -7.61)% |
| 7. RoE 9.31% |
| 8. Rev. Trend 32.45% |
| 9. EPS Trend 20.44% |
What is the price of HBC1 shares?
Over the past week, the price has changed by +2.35%, over one month by +6.46%, over three months by +10.48% and over the past year by +45.17%.
Is HBC1 a buy, sell or hold?
What are the forecasts/targets for the HBC1 price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 15.6 | 27.5% |
HBC1 Fundamental Data Overview November 27, 2025
Market Cap USD = 239.80b (206.69b EUR * 1.1602 EUR.USD)
P/E Trailing = 14.4819
P/E Forward = 9.1575
P/S = 3.5651
P/B = 1.232
P/EG = 2.1301
Beta = 0.393
Revenue TTM = 94.50b USD
EBIT TTM = -2.93b USD
EBITDA TTM = 33.48b USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 173.43b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -113.65b USD (from netDebt column, last fiscal year)
Enterprise Value = 166.41b USD (239.80b + Debt 173.43b - CCE 246.82b)
Interest Coverage Ratio = -0.04 (Ebit TTM -2.93b / Interest Expense TTM 65.59b)
FCF Yield = 36.91% (FCF TTM 61.42b / Enterprise Value 166.41b)
FCF Margin = 64.99% (FCF TTM 61.42b / Revenue TTM 94.50b)
Net Margin = 18.72% (Net Income TTM 17.69b / Revenue TTM 94.50b)
Gross Margin = 47.08% ((Revenue TTM 94.50b - Cost of Revenue TTM 50.01b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 52.34%)
Tobins Q-Ratio = 0.05 (Enterprise Value 166.41b / Total Assets 3234.22b)
Interest Expense / Debt = 8.99% (Interest Expense 15.58b / Debt 173.43b)
Taxrate = 24.56% (1.79b / 7.29b)
NOPAT = -2.21b (EBIT -2.93b * (1 - 24.56%)) [loss with tax shield]
Current Ratio = 0.15 (Total Current Assets 284.51b / Total Current Liabilities 1873.09b)
Debt / Equity = 0.91 (Debt 173.43b / totalStockholderEquity, last quarter 191.43b)
Debt / EBITDA = -3.39 (Net Debt -113.65b / EBITDA 33.48b)
Debt / FCF = -1.85 (Net Debt -113.65b / FCF TTM 61.42b)
Total Stockholder Equity = 189.94b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.55% (Net Income 17.69b / Total Assets 3234.22b)
RoE = 9.31% (Net Income TTM 17.69b / Total Stockholder Equity 189.94b)
RoCE = -0.21% (EBIT -2.93b / Capital Employed (Total Assets 3234.22b - Current Liab 1873.09b))
RoIC = -0.67% (negative operating profit) (NOPAT -2.21b / Invested Capital 331.91b)
WACC = 6.94% (E(239.80b)/V(413.23b) * Re(7.06%) + D(173.43b)/V(413.23b) * Rd(8.99%) * (1-Tc(0.25)))
Discount Rate = 7.06% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -5.04%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈51.02b ; Y1≈62.94b ; Y5≈107.38b
Fair Price DCF = 106.4 (DCF Value 1826.38b / Shares Outstanding 17.17b; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 20.44 | EPS CAGR: 35.58% | SUE: N/A | # QB: 0
Revenue Correlation: 32.45 | Revenue CAGR: 3.76% | SUE: N/A | # QB: 0