FRHC vs VIRT

For growth investors, Virtu Financial, Inc.

(VIRT) is the stronger pick with 26. 2% revenue growth year-over-year, versus 22. 7% for Freedom Holding Corp. (FRHC). Virtu Financial, Inc. (VIRT) offers the better valuation at 9. 7x trailing P/E (8. 3x forward), making it the more compelling value choice. Analysts rate Virtu Financial, Inc. (VIRT) a "Hold" — based on 13 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, Virtu Financial, Inc.

(VIRT) is the cheapest at 9. 7x versus Freedom Holding Corp. at 99. 3x.

Over the past 5 years, Freedom Holding Corp.

(FRHC) delivered a total return of +192. 0%, compared to +93. 2% for Virtu Financial, Inc. (VIRT). Over 10 years, the gap is even starker: FRHC returned +70. 7% versus VIRT's +212. 0%. 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), Virtu Financial, Inc.

(VIRT) is the lower-risk stock at 0. 40β versus Freedom Holding Corp. 's 0. 97β — meaning FRHC is approximately 140% more volatile than VIRT relative to the S&P 500. On balance sheet safety, Freedom Holding Corp. (FRHC) carries a lower debt/equity ratio of 161% versus 5% for Virtu Financial, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Virtu Financial, Inc.

(VIRT) is pulling ahead at 26. 2% versus 22. 7% for Freedom Holding Corp. (FRHC). On earnings-per-share growth, the picture is similar: Virtu Financial, Inc. grew EPS 72. 7% 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.

Virtu Financial, Inc.

(VIRT) is the more profitable company, earning 12. 9% net margin versus 4. 2% for Freedom Holding Corp. — meaning it keeps 12. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VIRT leads at 33. 8% versus 31. 1% for FRHC. 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.

Analyst consensus price targets imply the most upside for FRHC: -0.

7% to $138. 00.

In this comparison, VIRT (2.

1% yield) pays a dividend. FRHC does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Virtu Financial, Inc.

(VIRT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 40), 2. 1% yield, +212. 0% 10Y return). Both have compounded well over 10 years (VIRT: +212. 0%, 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.

VIRT 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.