WallStSmart

Freedom Holding Corp (FRHC)vsB. Riley Financial Inc (RILY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Freedom Holding Corp generates 133% more annual revenue ($1.49B vs $639.16M). FRHC leads profitability with a 0.2% profit margin vs -119.6%. RILY earns a higher WallStSmart Score of 30/100 (F).

FRHC

Avoid

21

out of 100

Grade: F

Growth: 4.7Profit: 4.5Value: 3.0Quality: 5.0
Piotroski: 2/9Altman Z: 0.93

RILY

Avoid

30

out of 100

Grade: F

Growth: 2.0Profit: 2.0Value: 5.0Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FRHCSignificantly Overvalued (-169828.6%)

Margin of Safety

-169828.6%

Fair Value

$0.07

Current Price

$145.84

$145.77 premium

UndervaluedFair: $0.07Overvalued

Intrinsic value data unavailable for RILY.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FRHC0 strengths · Avg: 0/10

No standout strengths identified

RILY0 strengths · Avg: 0/10

No standout strengths identified

Areas to Watch

FRHC4 concerns · Avg: 3.0/10
Return on EquityProfitability
0.2%3/10

ROE of 0.2% — below average capital efficiency

Profit MarginProfitability
0.2%3/10

0.2% margin — thin

Debt/EquityHealth
1.563/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

RILY4 concerns · Avg: 2.3/10
Market CapQuality
$156.66M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-33.9%2/10

ROE of -33.9% — below average capital efficiency

Revenue GrowthGrowth
-28.7%2/10

Revenue declined 28.7%

EPS GrowthGrowth
-9.5%2/10

Earnings declined 9.5%

Comparative Analysis Report

WallStSmart Research

Bull Case : FRHC

FRHC has a balanced fundamental profile.

Bull Case : RILY

RILY has a balanced fundamental profile.

Bear Case : FRHC

The primary concerns for FRHC are Return on Equity, Profit Margin, Debt/Equity. A P/E of 14280.0x leaves little room for execution misses. Debt-to-equity of 1.56 is elevated, increasing financial risk.

Bear Case : RILY

The primary concerns for RILY are Market Cap, Return on Equity, Revenue Growth.

Key Dynamics to Monitor

FRHC profiles as a value stock while RILY is a turnaround play — different risk/reward profiles.

RILY carries more volatility with a beta of 1.26 — expect wider price swings.

FRHC is growing revenue faster at -14.1% — sustainability is the question.

FRHC generates stronger free cash flow (652M), providing more financial flexibility.

Bottom Line

RILY scores higher overall (30/100 vs 21/100). Both earn "Avoid" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Freedom Holding Corp

FINANCIAL SERVICES · FINANCIAL CONGLOMERATES · USA

Freedom Holding Corp. The company is headquartered in Almaty, Kazakhstan.

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B. Riley Financial Inc

FINANCIAL SERVICES · FINANCIAL CONGLOMERATES · USA

B. Riley Financial, Inc. provides collaborative financial services and solutions in North America, Australia and Europe. The company is headquartered in Los Angeles, California.

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