FWD Group Holdings Limited

Research FWD Group Holdings Limited (1828.HK) on Bullrun: market cap HKD 39.92B, P/E 19.9. Explore financials, valuation history, model signals, and stock context.

Key Metrics

Ticker1828.HK
ExchangeHK
CountryHong Kong
SectorFinancial Services
IndustryInsurance - Life
CurrencyHKD
Market capHKD 39.92B
P/E19.9
Financial periodFY2025
RevenueUSD 4.81B
Revenue growth20.8%
Net incomeUSD 166.00M
Free cash flowUSD 158.00M

Valuation Snapshot

latest market cap is HKD 39.92B; P/E is 19.9.

Peer valuation comparison

Latest P/E is 19.87x versus a Financial Services sector median of 13.28x (49.7% above).

Latest P/E is 19.87x versus a Hong Kong median of 10.3x (92.9% above).

Five-year financial history

Year	Revenue	Net income	Free cash flow	Gross margin	Diluted EPS	Cash	Total debt	Equity
FY2025	USD 4.81B	USD 166.00M	USD 158.00M	n/a	0.08	USD 1.49B	USD 3.16B	USD 6.82B
FY2024	USD 3.98B	USD 24.00M	USD 370.00M	n/a	-0.04	USD 1.69B	USD 2.90B	USD 6.75B
FY2023	USD 3.09B	-USD 716.00M	USD 557.00M	n/a	-0.65	USD 2.01B	USD 2.65B	USD 7.58B
FY2022	USD 2.28B	-USD 219.00M	-USD 885.00M	n/a	-0.24	USD 1.47B	USD 2.33B	USD 6.77B

Valuation history

Year	Snapshot date	Market cap	P/E	Dividend yield	Annual dividend/share
2026	2026-10-18	HKD 39.92B	19.9	n/a	0

Dividend history

Latest trailing dividend snapshot: annual dividend/share 0 HKD.

About FWD Group Holdings Limited

FWD Group Holdings Limited, together with its subsidiaries, provides life insurance products and services. The company operates through Hong Kong & Macau, Thailand & Cambodia, Japan, Emerging Markets, and Corporate and Others segments. It also offers accident and health insurance, and savings plans to customers, as well as distributes related investment and other financial service products. In addition, the company underwrites general insurance, as well as provides investment related products and services.

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