We’ve recently updated our valuation analysis.

Futu Holdings Valuation

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

[object Object] Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

FUTU key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio1.2x

Price to Earnings Ratio vs Peers

How does FUTU's PE Ratio compare to its peers?

The above table shows the PE ratio for FUTU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average29.1x
XP XP
13.6x13.6%US$9.8b
HLI Houlihan Lokey
18.2x12.2%US$6.8b
FRHC Freedom Holding
75.7xn/aUS$3.8b
JEF Jefferies Financial Group
9x4.8%US$8.7b
FUTU Futu Holdings
28.6x23.2%US$9.0b

Price-To-Earnings vs Peers: FUTU is good value based on its Price-To-Earnings Ratio (28.6x) compared to the peer average (29.1x).


Price to Earnings Ratio vs Industry

How does FUTU's PE Ratio compare vs other companies in the US Capital Markets Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.5%
n/an/an/a

Price-To-Earnings vs Industry: FUTU is expensive based on its Price-To-Earnings Ratio (28.6x) compared to the US Capital Markets industry average (27.2x)


Price to Earnings Ratio vs Fair Ratio

What is FUTU'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.

FUTU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.6x
Fair PE Ratio7.9x

Price-To-Earnings vs Fair Ratio: FUTU is expensive based on its Price-To-Earnings Ratio (28.6x) compared to the estimated Fair Price-To-Earnings Ratio (7.9x).


Share Price vs Fair Value

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

Below Fair Value: FUTU ($61.49) is trading above our estimate of fair value ($54.22)

Significantly Below Fair Value: FUTU is trading above our estimate of fair value.


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 FUTU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$61.49
US$62.06
+0.9%
14.7%US$77.77US$40.21n/a16
Nov ’23US$35.50
US$55.86
+57.3%
14.4%US$75.00US$39.97n/a16
Oct ’23US$37.29
US$55.42
+48.6%
14.9%US$75.01US$39.98n/a16
Sep ’23US$49.03
US$54.33
+10.8%
14.7%US$70.01US$39.98n/a16
Aug ’23US$40.87
US$51.21
+25.3%
19.2%US$70.00US$27.00n/a16
Jul ’23US$52.75
US$51.34
-2.7%
19.1%US$70.03US$27.01n/a16
Jun ’23US$35.49
US$48.25
+36.0%
21.8%US$71.21US$26.92n/a16
May ’23US$31.99
US$47.83
+49.5%
21.1%US$71.26US$26.93n/a15
Apr ’23US$34.60
US$47.90
+38.5%
21.1%US$71.40US$26.99n/a15
Mar ’23US$41.26
US$85.92
+108.2%
49.2%US$197.01US$49.90n/a16
Feb ’23US$43.97
US$87.78
+99.6%
47.5%US$197.66US$50.07n/a16
Jan ’23US$43.30
US$87.78
+102.7%
47.4%US$197.38US$50.00n/a16
Dec ’22US$43.94
US$95.56
+117.5%
45.9%US$197.65US$58.84US$61.4916
Nov ’22US$58.32
US$123.73
+112.2%
35.7%US$197.96US$58.94US$35.5015
Oct ’22US$90.50
US$158.23
+74.8%
12.9%US$197.91US$120.29US$37.2914
Sep ’22US$109.39
US$161.42
+47.6%
11.1%US$198.05US$132.60US$49.0314
Aug ’22US$102.46
US$185.74
+81.3%
12.8%US$229.79US$138.74US$40.8711
Jul ’22US$161.09
US$198.55
+23.3%
12.9%US$239.17US$139.05US$52.7510
Jun ’22US$150.11
US$196.58
+31.0%
13.4%US$239.20US$139.06US$35.4910
May ’22US$148.78
US$199.98
+34.4%
14.9%US$255.19US$138.13US$31.9910
Apr ’22US$153.60
US$195.80
+27.5%
18.0%US$254.93US$137.99US$34.608
Mar ’22US$165.68
US$126.74
-23.5%
65.3%US$252.86US$47.97US$41.267
Feb ’22US$105.00
US$84.62
-19.4%
40.7%US$125.00US$48.00US$43.976
Jan ’22US$45.75
US$51.12
+11.7%
4.9%US$54.19US$48.00US$43.305
Dec ’21US$42.08
US$44.58
+5.9%
13.2%US$50.01US$34.99US$43.945

Analyst Forecast: Target price is less than 20% higher than the current share price.


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