Hong Kong Exchanges and Clearing Limited (FRA:HK2C)

FRA:HK2C Statistics

Total Valuation

FRA:HK2C has a market cap or net worth of EUR 59.10 billion. The enterprise value is 27.99 billion.

Market Cap	59.10B
Enterprise Value	27.99B

Important Dates

The next estimated earnings date is Wednesday, November 5, 2025.

Earnings Date	Nov 5, 2025
Ex-Dividend Date	Sep 2, 2025

Share Statistics

Current Share Class	1.26B
Shares Outstanding	n/a
Shares Change (YoY)	-0.01%
Shares Change (QoQ)	+0.23%
Owned by Insiders (%)	0.01%
Owned by Institutions (%)	33.05%
Float	1.19B

Valuation Ratios

The trailing PE ratio is 35.28 and the forward PE ratio is 32.86.

PE Ratio	35.28
Forward PE	32.86
PS Ratio	21.29
PB Ratio	9.48
P/TBV Ratio	14.74
P/FCF Ratio	31.74
P/OCF Ratio	25.37
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.24, with an EV/FCF ratio of 15.03.

EV / Earnings	16.71
EV / Sales	9.87
EV / EBITDA	13.24
EV / EBIT	13.77
EV / FCF	15.03

Financial Position

The company has a current ratio of 1.08, with a Debt / Equity ratio of 0.02.

Current Ratio	1.08
Quick Ratio	0.88
Debt / Equity	0.02
Debt / EBITDA	0.07
Debt / FCF	0.07
Interest Coverage	338.46

Financial Efficiency

Return on equity (ROE) is 28.07% and return on invested capital (ROIC) is 20.08%.

Return on Equity (ROE)	28.07%
Return on Assets (ROA)	2.79%
Return on Invested Capital (ROIC)	20.08%
Return on Capital Employed (ROCE)	30.56%
Revenue Per Employee	1.15M
Profits Per Employee	691,392
Employee Count	2,444
Asset Turnover	0.06
Inventory Turnover	n/a

Taxes

In the past 12 months, FRA:HK2C has paid 274.87 million in taxes.

Income Tax	274.87M
Effective Tax Rate	14.03%

Stock Price Statistics

The stock price has increased by +32.88% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+32.88%
50-Day Moving Average	48.27
200-Day Moving Average	43.83
Relative Strength Index (RSI)	47.45
Average Volume (20 Days)	55

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, FRA:HK2C had revenue of EUR 2.78 billion and earned 1.68 billion in profits. Earnings per share was 1.32.

Revenue	2.78B
Gross Profit	2.67B
Operating Income	1.98B
Pretax Income	1.96B
Net Income	1.68B
EBITDA	2.03B
EBIT	1.98B
Earnings Per Share (EPS)	1.32

Balance Sheet

The company has 30.64 billion in cash and 137.54 million in debt, giving a net cash position of 30.50 billion.

Cash & Cash Equivalents	30.64B
Total Debt	137.54M
Net Cash	30.50B
Net Cash Per Share	n/a
Equity (Book Value)	6.23B
Book Value Per Share	4.88
Working Capital	3.06B

Cash Flow

In the last 12 months, operating cash flow was 2.33 billion and capital expenditures -467.51 million, giving a free cash flow of 1.86 billion.

Operating Cash Flow	2.33B
Capital Expenditures	-467.51M
Free Cash Flow	1.86B
FCF Per Share	n/a

Margins

Gross margin is 96.14%, with operating and profit margins of 71.42% and 60.35%.

Gross Margin	96.14%
Operating Margin	71.42%
Pretax Margin	70.59%
Profit Margin	60.35%
EBITDA Margin	73.24%
EBIT Margin	71.42%
FCF Margin	67.08%

Dividends & Yields

This stock pays an annual dividend of 1.23, which amounts to a dividend yield of 2.55%.

Dividend Per Share	1.23
Dividend Yield	2.55%
Dividend Growth (YoY)	28.22%
Years of Dividend Growth	n/a
Payout Ratio	75.51%
Buyback Yield	0.01%
Shareholder Yield	2.56%
Earnings Yield	2.83%
FCF Yield	3.15%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

FRA:HK2C has an Altman Z-Score of 1.01 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.01
Piotroski F-Score	7