Futu Holdings Limited

LSE:0FUT Stock Report

Market Cap: US$11.7b

Futu Holdings Valuation

Is 0FUT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0FUT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0FUT ($82.27) is trading below our estimate of fair value ($113.2)

Significantly Below Fair Value: 0FUT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0FUT?

Key metric: As 0FUT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0FUT. This is calculated by dividing 0FUT's market cap by their current earnings.
What is 0FUT's PE Ratio?
PE Ratio20.3x
EarningsHK$4.45b
Market CapHK$90.93b

Price to Earnings Ratio vs Peers

How does 0FUT's PE Ratio compare to its peers?

The above table shows the PE ratio for 0FUT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.7x
IGG IG Group Holdings
10.8x6.0%UK£3.3b
AJB AJ Bell
23.8x8.1%UK£1.9b
TCAP TP ICAP Group
19.8x21.5%UK£2.0b
PLUS Plus500
8.4x-0.09%UK£1.8b
0FUT Futu Holdings
20.4x22.6%US$11.7b

Price-To-Earnings vs Peers: 0FUT is expensive based on its Price-To-Earnings Ratio (20.4x) compared to the peer average (15.7x).

Price to Earnings Ratio vs Industry

How does 0FUT's PE Ratio compare vs other companies in the GB Capital Markets Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PNIX Phoenix Digital Assets
1.2xn/aUS$34.25m
IX. i(x) Net Zero
0.1xn/aUS$8.94m
APQ APQ Global
0.4xn/aUS$5.78m
MAFL Mineral & Financial Investments
2xn/aUS$4.99m
No more companies available in this PE range
0FUT 20.3xIndustry Avg. 12.1xNo. of Companies19PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0FUT is expensive based on its Price-To-Earnings Ratio (20.4x) compared to the UK Capital Markets industry average (12.1x).

Price to Earnings Ratio vs Fair Ratio

What is 0FUT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0FUT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.3x
Fair PE Ratio26.8x

Price-To-Earnings vs Fair Ratio: 0FUT is good value based on its Price-To-Earnings Ratio (20.4x) compared to the estimated Fair Price-To-Earnings Ratio (26.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0FUT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$84.13
US$117.19
+39.3%
18.9%US$160.01US$68.64n/a15
Nov ’25US$95.30
US$105.10
+10.3%
37.0%US$187.82US$50.64n/a15
Oct ’25US$104.49
US$82.50
-21.0%
13.0%US$90.79US$50.61n/a16
Sep ’25US$63.78
US$81.65
+28.0%
12.8%US$90.51US$50.68n/a16
Aug ’25US$59.62
US$84.08
+41.0%
14.2%US$99.97US$50.61n/a16
Jul ’25US$64.65
US$82.61
+27.8%
15.7%US$100.06US$50.66n/a17
Jun ’25US$75.01
US$82.47
+9.9%
15.8%US$99.88US$50.57n/a17
May ’25US$63.96
US$69.19
+8.2%
13.9%US$85.93US$48.10n/a17
Apr ’25US$54.90
US$69.19
+26.0%
14.4%US$86.01US$48.15n/a16
Mar ’25US$55.89
US$68.19
+22.0%
16.6%US$85.81US$45.87n/a16
Feb ’25US$46.88
US$68.19
+45.5%
16.6%US$85.81US$45.87n/a16
Jan ’25US$54.85
US$68.22
+24.4%
19.5%US$89.94US$40.07n/a16
Dec ’24US$54.73
US$68.34
+24.9%
19.5%US$90.07US$40.13n/a16
Nov ’24US$55.26
US$64.84
+17.3%
19.3%US$85.97US$40.00US$95.3016
Oct ’24US$58.12
US$65.17
+12.1%
20.5%US$85.99US$40.00US$104.4917
Sep ’24US$63.79
US$64.20
+0.6%
21.2%US$85.98US$33.92US$63.7817
Aug ’24US$59.81
US$59.22
-1.0%
25.2%US$86.01US$32.30US$59.6217
Jul ’24US$39.77
US$58.09
+46.1%
23.5%US$82.39US$32.14US$64.6517
Jun ’24US$38.90
US$57.62
+48.1%
23.3%US$82.42US$32.16US$75.0118
May ’24US$43.30
US$59.73
+37.9%
21.4%US$82.20US$26.82US$63.9618
Apr ’24US$52.13
US$59.66
+14.4%
21.4%US$82.20US$26.82US$54.9018
Mar ’24US$49.03
US$59.29
+20.9%
27.8%US$97.62US$26.82US$55.8918
Feb ’24US$53.76
US$58.96
+9.7%
28.6%US$97.87US$26.89US$46.8818
Jan ’24US$40.08
US$63.12
+57.5%
23.5%US$97.75US$26.97US$54.8518
Dec ’23US$60.97
US$62.02
+1.7%
14.7%US$77.63US$40.17US$54.7316
Nov ’23US$35.50
US$55.86
+57.3%
14.4%US$75.00US$39.97US$55.2616

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

HAL Trust

€10.4b

Operates through multi-sectors in Europe, the United States, Canada, Asia, and internationally.

0K9V

€115.60

7D

1.2%

1Y

0.9%

BFF Bank

€1.7b

Provides financial services to suppliers of the national health system and public administration sector in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, the Slovak Republic, and Spain.

0RON

€8.91

7D

5.8%

1Y

-10.7%

Man Group

UK£2.4b

Man Group Limited is a publicly owned investment manager.

EMGL

UK£2.07

7D

1.2%

1Y

-4.5%