Freedom Holding Corp. (FRHC) vs LendingTree, Inc. (TREE)

Freedom Holding Corp. and LendingTree, Inc. are both Financial Conglomerates companies. Freedom Holding Corp. is the larger, with a market value of $11.3B against $341.7M — 32.9× the size. LendingTree, Inc. trades at the lower P/E: 1.9× against 70.1×. LendingTree, Inc. grew revenue faster over the last twelve months: 25.3% against 15.8%. LendingTree, Inc. has the higher net margin (14.3% vs 6.15%) and the higher return on invested capital (10.8% vs 0.00%). Across the 21 metrics below, LendingTree, Inc. leads on 16 and Freedom Holding Corp. on 5.

Valuation

Metric FRHC TREE Financial Conglomerates median
P/E 70.12 1.86 12.75
P/S 4.33 0.27 1.24
P/B 6.77 1.07 1.23
Price to free cash flow n/m 4.50 —
EV/EBITDA 5.65 4.90 5.65
EV/Sales 2.05 0.49 1.04
Earnings yield 1.43% 53.74% 7.96%
Free cash flow yield (9.11%) 22.21% (2.60%)

Profitability

Metric FRHC TREE Financial Conglomerates median
Gross margin 95.79% 96.41% 78.71%
Operating margin 32.19% 8.19% 16.22%
Net margin 6.15% 14.32% 12.25%
Free cash flow margin (39.45%) 6.02% (0.81%)
Return on equity 10.68% 82.78% 9.79%
Return on assets 1.24% 20.79% 2.35%
Return on invested capital 0.00% 10.82% 8.06%

Growth

Metric FRHC TREE Financial Conglomerates median
Revenue growth (TTM) 15.76% 25.29% 10.84%
EPS growth (last fiscal year) 79.29% 443.31% —
Revenue growth, 5-year CAGR 44.58% 4.19% 2.19%
Net income growth, 5-year CAGR 0.49% 0.00% 0.25%

Health

Metric FRHC TREE Financial Conglomerates median
Debt to equity 1.00 1.22 1.10
Current ratio 1.16 1.85 1.51
Net debt to EBITDA (4.84) 3.51 1.51

Dividend

Metric FRHC TREE Financial Conglomerates median
Dividend yield — — —
Payout ratio 0.00 0.00 0.26

Size

Metric FRHC TREE Financial Conglomerates median
Market cap 11.25b 341.72m 5.46b

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