9 years of historical data (2016–2024) · Financial Services · Financial - Capital Markets
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
UP Fintech Holding Limited trades at 21.7x earnings, 47% below its 5-year average of 40.8x, sitting at the 50th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.8x, the stock trades at a premium of 58%. On a free-cash-flow basis, the stock trades at 0.9x P/FCF, 50% below the 5-year average of 1.8x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $763M | $1.1B | $715M | $522M | $765M | $1.1B | $501M | — | — | — |
| Enterprise Value | $549M | $877M | $565M | $412M | $650M | $1.1B | $447M | — | — | — |
| P/E Ratio → | 21.72 | 17.94 | 21.05 | — | 52.07 | 72.18 | — | — | — | — |
| P/S Ratio | 1.95 | 2.79 | 2.62 | 2.32 | 2.89 | 8.26 | 8.53 | — | — | — |
| P/B Ratio | 2.00 | 1.65 | 1.44 | 1.17 | 1.71 | 4.86 | 2.36 | — | — | — |
| P/FCF | 0.92 | 1.32 | — | 2.06 | 1.87 | 2.14 | 2.07 | — | — | — |
| P/OCF | 0.92 | 1.32 | — | 2.02 | 1.85 | 2.14 | 2.06 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
UP Fintech Holding Limited's enterprise value stands at 3.7x EBITDA, 79% below its 5-year average of 18.1x. The Financial Services sector median is 11.1x, placing the stock at a 67% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.24 | 2.07 | 1.83 | 2.46 | 7.74 | 7.62 | — | — | — |
| EV / EBITDA | 3.72 | 5.93 | 6.34 | 14.02 | 34.22 | 29.89 | — | — | — | — |
| EV / EBIT | 3.94 | 6.15 | 6.08 | 19.92 | 36.81 | 33.37 | — | — | — | — |
| EV / FCF | — | 1.06 | — | 1.63 | 1.59 | 2.01 | 1.85 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
UP Fintech Holding Limited earns an operating margin of 35.6%, above the Financial Services sector average of 21.9%. Operating margins have expanded from 9.1% to 35.6% over the past 3 years, signaling improving operational efficiency. ROE of 10.5% is modest. ROIC of 13.8% represents solid returns on invested capital versus a sector median of 5.4%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 65.0% | 65.0% | 59.7% | 47.9% | 48.3% | 59.1% | 34.7% | -66.6% | 29.3% | -54.2% |
| Operating Margin | 35.6% | 35.6% | 29.3% | 9.1% | 6.7% | 22.5% | -10.4% | -139.7% | -53.2% | -247.2% |
| Net Profit Margin | 15.5% | 15.5% | 11.9% | -1.0% | 5.6% | 11.6% | -11.2% | -128.7% | -44.3% | -196.5% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.5% | 10.5% | 6.9% | -0.5% | 4.3% | 7.2% | -7.1% | — | -271.7% | -51.7% |
| ROA | 1.2% | 1.2% | 0.9% | -0.1% | 0.5% | 1.1% | -1.4% | -57.1% | -24.9% | -44.2% |
| ROIC | 13.8% | 13.8% | 9.3% | 2.5% | 3.1% | 10.1% | -4.7% | — | -244.6% | -48.8% |
| ROCE | 18.7% | 18.7% | 12.5% | 3.3% | 4.2% | 13.5% | -3.8% | -74.3% | -36.7% | -63.9% |
Solvency and debt-coverage ratios — lower is generally safer
UP Fintech Holding Limited carries a Debt/EBITDA ratio of 1.2x, which is manageable (70% below the sector average of 4.1x). The company holds a net cash position — cash of $394M exceeds total debt of $180M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 2.3x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.27 | 0.27 | 0.35 | 0.38 | 0.35 | 0.03 | 0.03 | — | — | — |
| Debt / EBITDA | 1.21 | 1.21 | 1.94 | 5.72 | 8.13 | 0.20 | — | — | — | — |
| Net Debt / Equity | — | -0.32 | -0.30 | -0.24 | -0.26 | -0.31 | -0.25 | — | — | -0.71 |
| Net Debt / EBITDA | -1.45 | -1.45 | -1.68 | -3.72 | -6.03 | -2.02 | — | — | — | — |
| Debt / FCF | — | -0.26 | — | -0.43 | -0.28 | -0.14 | -0.22 | — | — | — |
| Interest Coverage | 2.29 | 2.29 | 1.70 | 1.09 | 0.96 | 3.08 | -1.48 | — | — | — |
Net cash position: cash ($394M) exceeds total debt ($180M)
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.14x means UP Fintech Holding Limited can comfortably meet its short-term obligations, though there is limited excess liquidity.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.14 | 1.14 | 1.20 | 1.18 | 1.20 | 1.10 | 1.31 | 6.06 | 3.50 | 4.65 |
| Quick Ratio | 1.14 | 1.14 | 1.20 | 1.18 | 1.20 | 1.10 | 1.31 | 6.06 | 3.50 | 4.65 |
| Cash Ratio | 0.07 | 0.07 | 0.10 | 0.09 | 0.10 | 0.04 | 0.10 | 2.03 | 2.04 | 4.65 |
| Asset Turnover | — | 0.06 | 0.07 | 0.06 | 0.08 | 0.06 | 0.07 | 0.29 | 0.47 | 0.22 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
UP Fintech Holding Limited does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 4.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.6% | 5.6% | 4.8% | — | 1.9% | 1.4% | — | — | — | — |
| FCF Yield | 100.0% | 75.7% | — | 48.5% | 53.4% | 46.7% | 48.3% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | — | — | — |
| Shares Outstanding | — | $169M | $162M | $153M | $156M | $144M | $141M | $133M | $108M | $108M |
Compare TIGR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| TIGRYou | $763M | 21.7 | 3.7 | 0.9 | 65.0% | 35.6% | 10.5% | 13.8% | 1.2 |
| SCHW | $169B | 31.8 | 18.9 | 82.5 | 75.4% | 29.6% | 13.3% | 6.0% | 4.9 |
| HOOD | $67B | 48.6 | 62.0 | — | 82.9% | 35.8% | 19.2% | 6.2% | 6.6 |
| FUTU | $53B | 30.0 | 60.4 | 13.4 | 82.0% | 48.7% | 20.7% | 14.8% | 1.3 |
| RJF | $30B | 14.9 | 4.9 | 13.5 | 88.2% | 28.7% | 17.7% | 20.9% | 1.0 |
| LPLA | $24B | 27.5 | 10.4 | — | 25.6% | 13.4% | 20.9% | 16.1% | 2.5 |
| XP | $9B | 13.5 | — | 4.3 | 9.5% | -19.7% | 22.9% | -2.6% | — |
| SF | $8B | 11.8 | 7.3 | 18.1 | 82.9% | 15.8% | 13.3% | 8.4% | 2.7 |
| ETOR | $1B | 3.5 | -7.3 | 5.4 | 5.4% | 2.1% | 26.9% | 26.8% | 0.2 |
| OPY | $899M | 13.5 | 4.5 | — | 32.7% | 21.3% | 8.7% | 15.7% | 2.0 |
| SIEB | $77M | 5.8 | 2.7 | 9.1 | 43.4% | 21.7% | 17.1% | 15.4% | 0.4 |
| Financial Services Median | — | 13.8 | 11.1 | 11.2 | 60.2% | 21.9% | 9.1% | 5.4% | 4.1 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 9 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationSee how TIGR stacks up against sector leader The Charles Schwab Corporation.
Start ComparisonUP Fintech Holding Limited's current P/E ratio is 21.7x. The historical average is 40.8x. This places it at the 50th percentile of its historical range.
UP Fintech Holding Limited's current EV/EBITDA is 3.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 18.1x.
UP Fintech Holding Limited's return on equity (ROE) is 10.5%. The historical average is -37.8%.
Based on historical data, UP Fintech Holding Limited is trading at a P/E of 21.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
UP Fintech Holding Limited has 65.0% gross margin and 35.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
UP Fintech Holding Limited's Debt/EBITDA ratio is 1.2x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.