Stock · HSBA.L · Financial Services

HSBC Holdings PLC

United Kingdom · Large Cap · Revenue 12 mo. $134.5B

Price as of 11/06/2026

Score with PlusTo the score
Price
£13.05
1 Y +10.2%
Market cap
£222B

HSBC Holdings plc engages in the provision of banking and financial products and services worldwide.

moreless

HSBC Holdings plc engages in the provision of banking and financial products and services worldwide. It operates through four segments: Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking. The Hong Kong segment is involved in the retail banking and wealth and commercial banking of HSBC Hong Kong and Hang Seng Bank. The UK segment engages in UK retail banking and wealth, as well as first direct and M&S Bank, UK Commercial Banking, and HSBC Innovation Bank. The Corporate and Institutional Banking segment is involved in transaction banking and capital markets. The International Wealth and Premier Banking segment is involved in the business comprising premier banking outside of Hong Kong and the UK, its private bank, asset management, and insurance businesses. The company was founded in 1865 and is headquartered in London, the United Kingdom.

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Summary

HSBC Holdings PLC is around the middle of the Financial Services sector overall

48.3 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires a lasting 15.6% return on equity, more than the average of the last 5 and 10 years.

Book value €153.8B, market value €265.9B (P/B 1.7). At a 9% discount rate, the premium over book value only pays off with a lasting 15.6% return on equity.

Required return on equity per year

15.6%

no perpetual growth

Market value breakdown€265.9B market value, price as of 11/06/2026

€153.8B book value
€112.1B premium over book value
  • ROE 5-yr avg 10.8%
  • ROE 10-yr avg 7.5%
  • required 15.6%

No sign supports the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

No indication in the stored figures.

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 15.6%, achieved at most 10.8%
  • Revenue declined revenue −6.4% year on year

Since the last quarter

Q1 → Q2 2026

Mostly better than the previous quarter: 1 of 1 change for the better.

  • EBIT margin22.2% → 25.0%+2.8 ppbetter

3 more unchanged: Revenue, 12 mo., Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability41.4around the middleEarns about as much as the sector.
MetricStockSector medianPosition in sector
Return on equity12.55%12.46%Rank 51
Return on capital (Greenblatt)11.46%59.04%Rank 28
EBIT margin22.30%23.06%Rank 48
FCF margin18.72%19.82%Rank 47
Gross margin52.96%65.53%Rank 33
Growth61.0above the middleGrows faster than the sector: Earnings growth, 5 years per year 37.51%, sector 15.17%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year−6.42%7.39%Rank 16
Earnings growth, 3 years per year17.72%15.20%Rank 57
Earnings growth, 5 years per year37.51%15.17%Rank 91
Sustainable growth (ROE × retained earnings)3.48%1.25%Rank 80
Valuation68.1above the middleValued lower than the sector: EV/EBIT 6.28, sector 14.24.
MetricStockSector medianPosition in sector
Earnings yield7.26%6.47%Rank 61
FCF yield8.43%7.16%Rank 57
EV/saleslower is better1.402.82Rank 68
EV/EBITlower is better6.2814.24Rank 86
Momentum28.0below the middleShare price doing worse than the sector: Share price, 3 months −9.56%, sector 0.45%.
MetricStockSector medianPosition in sector
Share price, 1 year10.21%7.80%Rank 55
Share price, 6 months−0.34%8.71%Rank 22
Share price, 3 months−9.56%0.45%Rank 10
Distance from 52-week high−18.33%−10.68%Rank 26
Quality50.2around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better0.95%1.23%Rank 54
Change in share countlower is better−5.07%−0.60%Rank 88
Dividend streak in years–5Rank 6
Price reaction to results, market-adjusted0.17%0.00%Rank 54
Balance sheet & risk41.3around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio5.49%9.21%Rank 22
Net debt/EBITDAlower is better−3.160.12Rank 76
Debt to equitylower is better2.810.90Rank 22
Volatility, 1 yearlower is better27.22%25.95%Rank 46

Ten years in figures

Revenue from $62.0B (2016) to $134.1B (2025), 9.0% a year.

Fiscal years, amounts in USD
YearRevenue, $BNet income, $BReturn on equityShares
201662.02.51.4%19.8B
201763.710.85.7%20.1B
201863.613.77.4%20.0B
201970.47.44.0%20.2B
202063.35.22.7%20.2B
202173.913.97.0%20.3B
202276.215.68.8%20.0B
2023129.623.512.7%19.6B
2024143.324.013.0%18.5B
2025134.122.312.6%17.5B

Score, radar and strategy match for HSBC Holdings PLC are visible with Plus. Metrics, price and sector comparison stay free.

Detail data

How does HSBC Holdings PLC stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

Strategy match visible with Plus

The match with the 18 strategies checked is visible with Plus.

  • Piotroski F-Score (9-Point Check)
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum
  • Mohanram G-Score: Growth Quality
  • StockScorer Score
  • Undervalued Stocks: Multi-Factor Check
  • Levermann Strategy (13 Criteria)
  • Magic Formula: Value + Quality
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Defensive: Low Volatility
  • Moat Quality
  • Growth Momentum (CAN SLIM principle)
  • Altman Z-Score: Stress Test
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • Earnings Quality: Accrual Check (Sloan)
  • Balanced GARP
  • High-Growth / Rule of 40

HSBC Holdings PLC key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for HSBC Holdings PLC.

MetricStockSector
P/E ratio13.815.2
P/B ratio1.71.8
Return on equity (ROE)12.5%12.5%
Equity ratio5.5%9.2%
Debt-to-equity (D/E)2.810.90
Dividend yield4.3%3.3%

Similar stocks in Financial Services

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
HSBA.LHSBC Holdings PLCthis page
1288.HKAgricultural Bank Of Chinalocked
RY.TORoyal Bank of Canadalocked
601988.SSBank of China Limitedlocked
BACBank of America Corplocked
WFCWells Fargo & Companylocked

Frequently asked questions about HSBC Holdings PLC stock

How does HSBC Holdings PLC stock (HSBA.L) score in the StockScorer model?
The StockScorer score for HSBC Holdings PLC is visible with Plus. The stock lies outside the basic universe (Germany 40, Germany Mid 50, Germany Small 70, Eurozone 50, S&P 500, NASDAQ-100).
What is HSBC Holdings PLC's P/E ratio?
HSBC Holdings PLC's P/E ratio is 13.8. The Financial Services sector median is 15.2.
What sector is HSBC Holdings PLC in?
HSBC Holdings PLC is assigned to the Financial Services sector. Its rank within the sector is 48.3 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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