Futu Holdings Limited Sponsored ADR (FUTU) vs IREN Limited (IREN)

Futu Holdings Limited Sponsored ADR and IREN Limited are both Capital Markets companies. IREN Limited is the larger, with a market value of $12.3B against $10.5B — 1.2× the size. IREN Limited has negative trailing earnings, so its P/E is not meaningful; Futu Holdings Limited Sponsored ADR trades at 10.3×. Futu Holdings Limited Sponsored ADR grew revenue faster over the last twelve months: 44.5% against 41.1%. Futu Holdings Limited Sponsored ADR has the higher net margin (43.0% vs −99.4%) and the higher return on invested capital (0.00% vs −5.53%). Across the 18 metrics below, Futu Holdings Limited Sponsored ADR leads on 15 and IREN Limited on 3.

Valuation

Metric FUTU IREN Capital Markets median
P/E 10.30 n/m 14.20
P/S 4.41 12.02 2.00
P/B 2.93 2.03 1.51
Price to free cash flow 1.87 n/m 6.36
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.71% (7.44%) (3.94%)
Free cash flow yield 53.55% (10.28%) (1.62%)

Profitability

Metric FUTU IREN Capital Markets median
Gross margin 87.43% 68.92% 62.80%
Operating margin 61.96% (54.17%) 0.00%
Net margin 42.96% (99.38%) (0.55%)
Free cash flow margin 0.00% (123.59%) 0.00%
Return on equity 30.88% (23.41%) 0.00%
Return on assets 4.56% (7.50%) 0.00%
Return on invested capital 0.00% (5.53%) 0.00%

Growth

Metric FUTU IREN Capital Markets median
Revenue growth (TTM) 44.52% 41.11% 20.70%
EPS growth (last fiscal year) 105.79% (669.23%) 22.92%
Revenue growth, 5-year CAGR 47.04% 142.17% 18.16%
Net income growth, 5-year CAGR 53.49% 0.00% 0.00%

Health

Metric FUTU IREN Capital Markets median
Debt to equity 0.40 1.84 0.08
Current ratio 1.13 3.55 1.50
Net debt to EBITDA (7.93) 3.30 (0.24)

Dividend

Metric FUTU IREN Capital Markets median
Dividend yield 0.00% — 1.36%
Payout ratio 0.00 — 0.19

Size

Metric FUTU IREN Capital Markets median
Market cap 10.51b 12.28b 565.91m

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