HBC1 Stock Analysis: HSBC Holdings | XETRA
Banks - Diversified | XETRA, Germany | Market Cap: 307.159m EUR | 12M Return: 71.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.40M
EPS Trend: -58.0%
Rev. Trend: 80.2%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
HSBC Holdings plc, headquartered in London and founded in 1865, is one of the worlds largest banking and financial services groups, operating across four main segments: Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking. Its Hong Kong segment includes operations under Hang Seng Bank, while the UK segment covers retail banking, commercial banking, and digital/innovation banking brands such as first direct, M&S Bank, and HSBC Innovation Bank. The Corporate and Institutional Banking segment provides transaction banking and capital markets services, and the International Wealth and Premier Banking segment serves high-net-worth clients outside Hong Kong and the UK through its private bank, asset management, and insurance businesses.
As a diversified bank under the GICS Financials sector, HSBC generates revenue from a mix of retail deposits, commercial lending, wealth management, and global capital markets activity, giving it exposure to both consumer banking and institutional finance across multiple regions. Its segment structure reflects a strategic emphasis on Asian wealth management, particularly in Hong Kong, alongside its UK retail franchise and global wholesale banking operations.
- Hong Kong rate cuts pressure net interest margins
- Asia wealth expansion drives fee income growth
- Buybacks accelerate as capital generation remains strong
| Net Income: 22.4b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -1.72 > 1.0 |
| NWC/Revenue: -1.15k% < 20% (prev -2.09k%; Δ 943.6% < -1%) |
| CFO/TA 0.00 > 3% & CFO 11.1b > Net Income 22.4b |
| Net Debt (213b) to EBITDA (29.6b): 7.18 < 3 |
| Current Ratio: 0.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (19.8b) vs 12m ago 11.36% < -2% |
| Gross Margin: 57.74% > 18% (prev 23.24%; Δ 34.50% > 0.5%) |
| Asset Turnover: 4.74% > 50% (prev 2.46%; Δ 2.29% > 0%) |
| Interest Coverage Ratio: 0.45 > 6 (EBIT TTM 27.5b / Interest Expense TTM 61.5b) |
| A: -0.53 (Total Current Assets 214b - Total Current Liabilities 1950b) / Total Assets 3302b |
| B: 0.05 (Retained Earnings 170b / Total Assets 3302b) |
| C: 0.01 (EBIT TTM 27.5b / Avg Total Assets 3178b) |
| D: 0.06 (Book Value of Equity 197b / Total Liabilities 3109b) |
| Altman-Z'' = -3.16 = D |
As of July 28, 2026, the stock is trading at EUR 18.18 with a total of 49,161 shares traded. Over the past week, the price has changed by +4.12%, over one month by +9.71%, over three months by +19.40% and over the past year by +71.61%.
Current recommended Stop Loss: 17.70 (which is 2.6% or 1.5 ATR below the current price).
HSBC Holdings has no consensus analysts rating.
Market Cap USD = 350b (307b EUR * 1.141 EUR.USD)
P/E Trailing = 16.8981
P/E Forward = 12.1359
P/S = 4.8164
P/B = 1.7971
P/EG = 1.0196
Revenue TTM = 151b USD
EBIT TTM = 27.5b USD
EBITDA TTM = 29.6b USD
Long Term Debt = 211b USD (estimated: total debt 427b - short term 216b)
Short Term Debt = 216b USD (from shortTermDebt, last quarter)
Debt = 427b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 213b USD (calculated: Debt 427b - CCE 214b)
Enterprise Value = 563b USD (350b + Debt 427b - CCE 214b)
Interest Coverage Ratio = 0.45 (Ebit TTM 27.5b / Interest Expense TTM 61.5b)
EV/FCF = 58.81x (Enterprise Value 563b / FCF TTM 9.58b)
FCF Yield = 1.70% (FCF TTM 9.58b / Enterprise Value 563b)
FCF Margin = 6.35% (FCF TTM 9.58b / Revenue TTM 151b)
Net Margin = 14.84% (Net Income TTM 22.4b / Revenue TTM 151b)
Gross Margin = 57.74% ((Revenue TTM 151b - Cost of Revenue TTM 63.7b) / Revenue TTM)
Gross Margin QoQ = 53.74% (prev 66.99%)
Tobins Q-Ratio = 0.17 (Enterprise Value 563b / Total Assets 3302b)
Interest Expense / Debt = 14.41% (Interest Expense 61.5b / Debt 427b)
Taxrate = 25.45% (7.00b / 27.5b)
NOPAT = 20.5b (EBIT 27.5b * (1 - 25.45%))
Current Ratio = 0.11 (Total Current Assets 214b / Total Current Liabilities 1950b)
Debt / Equity = 2.17 (Debt 427b / totalStockholderEquity, last quarter 197b)
Debt / EBITDA = 7.18 (Net Debt 213b / EBITDA 29.6b)
Debt / FCF = 22.21 (Net Debt 213b / FCF TTM 9.58b)
Total Stockholder Equity = 190b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.70% (Net Income 22.4b / Total Assets 3302b)
RoE = 11.80% (Net Income TTM 22.4b / Total Stockholder Equity 190b)
RoCE = 6.86% (EBIT 27.5b / Capital Employed (Equity 190b + L.T.Debt 211b))
RoIC = 1.31% (NOPAT 20.5b / Invested Capital 1560b)
WACC = 9.92% (E(350b)/V(778b) * Re(8.91%) + D(427b)/V(778b) * Rd(14.41%) * (1-Tc(0.25)))
Discount Rate = 8.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -20.24 | Cagr: 1.53%
[DCF] Terminal Value 67.47% ; FCFF base≈30.3b ; Y1≈26.6b ; Y5≈21.5b
[DCF] Fair Price = 3.59 (EV 274b - Net Debt 213b = Equity 61.5b / Shares 17.1b; r=9.92% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -57.95 | EPS CAGR: -6.51% | SUE: N/A | # QB: 0
Revenue Correlation: 80.21 | Revenue CAGR: 34.12% | SUE: 0.47 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+5.4%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+4.6%