WallStSmart

Freedom Holding Corp (FRHC)vsVoya Financial Inc (VOYA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Voya Financial Inc generates 366% more annual revenue ($8.17B vs $1.75B). FRHC leads profitability with a 8.4% profit margin vs 7.5%. VOYA trades at a lower P/E of 17.4x. VOYA earns a higher WallStSmart Score of 47/100 (D+).

FRHC

Avoid

35

out of 100

Grade: F

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

VOYA

Hold

47

out of 100

Grade: D+

Growth: 3.3Profit: 5.0Value: 6.3Quality: 6.8
Piotroski: 4/9

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

VOYA2 strengths · Avg: 8.0/10
P/E RatioValuation
17.4x8/10

Attractively priced relative to earnings

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

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%

VOYA3 concerns · Avg: 2.3/10
Profit MarginProfitability
7.5%3/10

7.5% margin — thin

Revenue GrowthGrowth
-4.3%2/10

Revenue declined 4.3%

EPS GrowthGrowth
-41.6%2/10

Earnings declined 41.6%

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 : VOYA

The strongest argument for VOYA centers on P/E Ratio, Price/Book. PEG of 1.19 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 : VOYA

The primary concerns for VOYA are Profit Margin, Revenue Growth, EPS Growth.

Key Dynamics to Monitor

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

VOYA carries more volatility with a beta of 0.89 — expect wider price swings.

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

VOYA generates stronger free cash flow (503M), providing more financial flexibility.

Bottom Line

VOYA scores higher overall (47/100 vs 35/100). Both earn "Hold" 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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Voya Financial Inc

FINANCIAL SERVICES · FINANCIAL CONGLOMERATES · USA

Voya Financial, Inc. is a retirement, investment and employee benefits company in the United States. The company is headquartered in New York, New York.

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