Futu Holdings Future Growth

Future criteria checks 3/6

Futu Holdings is forecast to grow earnings and revenue by 16.1% and 15.6% per annum respectively. EPS is expected to grow by 15.8% per annum. Return on equity is forecast to be 17.9% in 3 years.

Key information

16.1%

Earnings growth rate

15.8%

EPS growth rate

Capital Markets earnings growth	18.3%
Revenue growth rate	15.6%
Future return on equity	17.9%
Analyst coverage	Good
Last updated	13 Sep 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:0FUT - Analysts future estimates and past financials data (HKD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	14,519	6,419	N/A	N/A	7
12/31/2025	13,098	5,545	N/A	N/A	10
12/31/2024	11,743	4,855	N/A	N/A	9
6/30/2024	9,495	4,220	N/A	N/A	N/A
3/31/2024	9,008	4,128	N/A	N/A	N/A
12/31/2023	9,098	4,281	-6,415	-6,337	N/A
9/30/2023	9,094	4,362	N/A	N/A	N/A
6/30/2023	8,633	4,025	N/A	N/A	N/A
3/31/2023	8,089	3,547	N/A	N/A	N/A
12/31/2022	7,322	2,927	3,384	3,475	N/A
9/30/2022	6,770	2,467	N/A	N/A	N/A
6/30/2022	6,526	2,328	34,377	34,482	N/A
3/31/2022	6,303	2,220	N/A	N/A	N/A
12/31/2021	6,738	2,810	5,942	6,012	N/A
9/30/2021	6,313	2,844	N/A	N/A	N/A
6/30/2021	5,555	2,630	-10,785	-10,744	N/A
3/31/2021	4,705	2,333	N/A	N/A	N/A
12/31/2020	3,126	1,326	20,412	20,457	N/A
9/30/2020	2,283	837	N/A	N/A	N/A
6/30/2020	1,620	456	19,192	19,294	N/A
3/31/2020	1,214	275	N/A	N/A	N/A
12/31/2019	972	143	1,851	1,969	N/A
9/30/2019	897	133	-137	-118	N/A
6/30/2019	855	96	3,796	3,863	N/A
3/31/2019	777	67	2,935	2,954	N/A
12/31/2018	716	37	4,451	4,470	N/A
9/30/2018	631	39	3,716	3,731	N/A
12/31/2017	292	-56	N/A	1,855	N/A
12/31/2016	84	-116	N/A	1,398	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0FUT's forecast earnings growth (16.1% per year) is above the savings rate (1.9%).

Earnings vs Market: 0FUT's earnings (16.1% per year) are forecast to grow faster than the UK market (14.2% per year).

High Growth Earnings: 0FUT's earnings are forecast to grow, but not significantly.

Revenue vs Market: 0FUT's revenue (15.6% per year) is forecast to grow faster than the UK market (3.7% per year).

High Growth Revenue: 0FUT's revenue (15.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 0FUT's Return on Equity is forecast to be low in 3 years time (17.9%).

Futu Holdings Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Recent updates

Investor sentiment improves as stock rises 19%

Second quarter 2024 earnings released: EPS: HK$8.79 (vs HK$8.07 in 2Q 2023)

Futu Holdings Limited to Report Q2, 2024 Results on Aug 20, 2024

Now 22% undervalued

First quarter 2024 earnings released: EPS: HK$7.53 (vs HK$8.54 in 1Q 2023)

Futu Holdings Limited to Report Q1, 2024 Results on May 28, 2024

Investor sentiment improves as stock rises 16%

Now 20% undervalued

Full year 2023 earnings released: EPS: HK$31.00 (vs HK$20.55 in FY 2022)

Investor sentiment improves as stock rises 17%

Full year 2023 earnings released: EPS: HK$31.22 (vs HK$20.55 in FY 2022)

Futu Holdings Limited (NasdaqGM:FUTU) announces an Equity Buyback for $500 million worth of its shares.

Investor sentiment improves as stock rises 15%

Futu Holdings Limited to Report Q4, 2023 Results on Mar 14, 2024

Third quarter 2023 earnings released: EPS: HK$8.00 (vs HK$5.37 in 3Q 2022)

Futu Holdings Limited to Report Q3, 2023 Results on Nov 23, 2023

Now 21% undervalued

Investor sentiment improves as stock rises 17%

Now 23% undervalued

Now 20% undervalued

Second quarter 2023 earnings released: EPS: HK$8.07 (vs HK$4.51 in 2Q 2022)

Investor sentiment deteriorates as stock falls 15%

Futu Holdings Limited to Report Q2, 2023 Results on Aug 24, 2023

Futu Holdings Limited to Report Q2, 2023 Results on Aug 24, 2023

The Klein Law Firm Announces a Lead Plaintiff Deadline of August 11, 2023 in the Class Action Filed on Behalf of Futu Holdings Limited Shareholders

Investor sentiment improves as stock rises 16%

Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Futu Holdings Limited Investors

First quarter 2023 earnings released: EPS: HK$8.54 (vs HK$3.88 in 1Q 2022)

Futu Holdings Limited to Report Q1, 2023 Results on May 24, 2023

Now 22% undervalued after recent price drop

Now 20% undervalued

Full year 2022 earnings released: EPS: HK$20.55 (vs HK$18.72 in FY 2021)

Investor sentiment improves as stock rises 16%

Investor sentiment improved over the past week

Now 36% undervalued

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: HK$5.37 (vs HK$4.00 in 3Q 2021)

Less than half of directors are independent

Futu Holdings Limited to Report Q3, 2022 Results on Nov 21, 2022

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: HK$4.51 (vs HK$3.54 in 2Q 2021)

Investor sentiment improved over the past week

Futu Holdings Limited to Report Q2, 2022 Results on Aug 30, 2022

Futu Holdings Limited's Subsidiary Futu Trustee (Singapore) Pte. Ltd. Receives Trust Business Licence from the Monetary Authority of Singapore

Investor sentiment deteriorated over the past week

Now 21% undervalued

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: HK$3.88 (vs HK$8.17 in 1Q 2021)

Investor sentiment improved over the past week

Futu Holdings Limited to Report Q1, 2022 Results on Jun 06, 2022

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Futu Holdings Limited (NasdaqGM:FUTU) acquired Futu Securities (Australia) Ltd.

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings: Revenues exceed analyst expectations

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Director Chi Zhang has left the company

Second quarter 2021 earnings released

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS HK$8.57 (vs HK$1.23 in 1Q 2020)

Investor sentiment deteriorated over the past week

Full year 2020 earnings released

Futu Holdings Limited Announces Impairment from Equity Method Investment for the Fourth Quarter Ended December 31, 2020

Futu Holdings Limited to Report Q4, 2020 Results on Mar 16, 2021

Investor sentiment improved over the past week

Revenue beats expectations