FRHC vs SNEX

For growth investors, StoneX Group Inc.

(SNEX) is the stronger pick with 32. 5% revenue growth year-over-year, versus 22. 7% for Freedom Holding Corp. (FRHC). StoneX Group Inc. (SNEX) offers the better valuation at 20. 5x trailing P/E (21. 0x forward), making it the more compelling value choice. Analysts rate StoneX Group Inc. (SNEX) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, StoneX Group Inc.

(SNEX) is the cheapest at 20. 5x versus Freedom Holding Corp. at 99. 3x.

Over the past 5 years, StoneX Group Inc.

(SNEX) delivered a total return of +547. 9%, compared to +192. 0% for Freedom Holding Corp. (FRHC). Over 10 years, the gap is even starker: FRHC returned +70. 7% versus SNEX's +1454%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Freedom Holding Corp.

(FRHC) is the lower-risk stock at 0. 97β versus StoneX Group Inc. 's 1. 08β — meaning SNEX is approximately 12% more volatile than FRHC relative to the S&P 500. On balance sheet safety, Freedom Holding Corp. (FRHC) carries a lower debt/equity ratio of 161% versus 8% for StoneX Group Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), StoneX Group Inc.

(SNEX) is pulling ahead at 32. 5% versus 22. 7% for Freedom Holding Corp. (FRHC). On earnings-per-share growth, the picture is similar: StoneX Group Inc. grew EPS 10. 9% year-over-year, compared to -77. 9% for Freedom Holding Corp.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Freedom Holding Corp.

(FRHC) is the more profitable company, earning 4. 2% net margin versus 0. 2% for StoneX Group Inc. — meaning it keeps 4. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FRHC leads at 31. 1% versus 1. 6% for SNEX. At the gross margin level — before operating expenses — FRHC leads at 52. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

In this comparison, SNEX (2.

9% yield) pays a dividend. FRHC does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, StoneX Group Inc.

(SNEX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 08), 2. 9% yield, +1454% 10Y return). Both have compounded well over 10 years (SNEX: +1454%, FRHC: +70. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

SNEX pays a dividend while FRHC does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.