WallStSmart

Freedom Holding Corp (FRHC)vsHilltop Holdings Inc (HTH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Freedom Holding Corp generates 38% more annual revenue ($1.75B vs $1.27B). HTH leads profitability with a 12.7% profit margin vs 8.4%. HTH trades at a lower P/E of 14.4x. HTH earns a higher WallStSmart Score of 66/100 (B-).

FRHC

Avoid

35

out of 100

Grade: F

Growth: 6.7Profit: 5.0Value: 4.0Quality: 3.5
Piotroski: 4/9Altman Z: 0.84

HTH

Strong Buy

66

out of 100

Grade: B-

Growth: 6.0Profit: 5.5Value: 7.0Quality: 4.5
Piotroski: 6/9Altman Z: 0.07

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FRHC1 strengths · Avg: 8.0/10
Revenue GrowthGrowth
27.8%8/10

Revenue surging 27.8% year-over-year

HTH3 strengths · Avg: 8.7/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

PEG RatioValuation
0.618/10

Growing faster than its price suggests

P/E RatioValuation
14.4x8/10

Attractively priced relative to earnings

Areas to Watch

FRHC4 concerns · Avg: 2.5/10
Return on EquityProfitability
0.2%3/10

ROE of 0.2% — below average capital efficiency

Debt/EquityHealth
1.823/10

Elevated debt levels

P/E RatioValuation
67.5x2/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
-14.8%2/10

Earnings declined 14.8%

HTH3 concerns · Avg: 2.3/10
Return on EquityProfitability
7.5%3/10

ROE of 7.5% — below average capital efficiency

Free Cash FlowQuality
$-164.09M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.072/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : FRHC

The strongest argument for FRHC centers on Revenue Growth. Revenue growth of 27.8% demonstrates continued momentum.

Bull Case : HTH

The strongest argument for HTH centers on Price/Book, PEG Ratio, P/E Ratio. PEG of 0.61 suggests the stock is reasonably priced for its growth.

Bear Case : FRHC

The primary concerns for FRHC are Return on Equity, Debt/Equity, P/E Ratio. A P/E of 67.5x leaves little room for execution misses. Debt-to-equity of 1.82 is elevated, increasing financial risk.

Bear Case : HTH

The primary concerns for HTH are Return on Equity, Free Cash Flow, Altman Z-Score.

Key Dynamics to Monitor

FRHC profiles as a growth stock while HTH is a value play — different risk/reward profiles.

HTH carries more volatility with a beta of 0.87 — expect wider price swings.

FRHC is growing revenue faster at 27.8% — sustainability is the question.

HTH generates stronger free cash flow (-164M), providing more financial flexibility.

Bottom Line

HTH scores higher overall (66/100 vs 35/100). Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Freedom Holding Corp

FINANCIAL SERVICES · FINANCIAL CONGLOMERATES · USA

Freedom Holding Corp. The company is headquartered in Almaty, Kazakhstan.

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Hilltop Holdings Inc

FINANCIAL SERVICES · FINANCIAL CONGLOMERATES · USA

Hilltop Holdings Inc. provides consumer and commercial banking and financial products and services. The company is headquartered in Dallas, Texas.

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