Published on 18 Apr 2024 on Simply Wall St. via Yahoo Finance
Freedom Holding's (NASDAQ:FRHC) five-year total shareholder returns outpace the underlying earnings...
It hasn't been the best quarter for Freedom Holding Corp. (NASDAQ:FRHC) shareholders, since the share price has fallen 19% in that time. But that doesn't undermine the fantastic longer term performance (measured over five years). In that time, the share price has soared some 627% higher! So we don't think the recent decline in the share price means its story is a sad one. But the real question is whether the business fundamentals can improve over the long term. Anyone who held for that rewarding ride would probably be keen to talk about it.
Since the long term performance has been good but there's been a recent pullback of 4.4%, let's check if the fundamentals match the share price.