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HSBC (HSBC) Stock Analysis

Here is a fundamental analysis of HSBC (HSBC), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.

Performance

Cumulative Growth

HSBC
GSPC
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HSBC (HSBC) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for HSBC (HSBC) and S&P 500 (GSPC). Returns over one year are annualized.

Performance at a Glance

HSBC (HSBC) metric values compared with Banks industry-group medians
MetricCurrent stock: HSBCIndustry group median
1-Year Return61.57%33.15%

Risk

Drawdown

HSBC
GSPC
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HSBC (HSBC) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

HSBC (HSBC) metric values compared with Banks industry-group medians
MetricCurrent stock: HSBCIndustry group median
1-Year Volatility27.14%26.66%
Beta0.590.71

Company Profile

HSBC (HSBC) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile fields for HSBC (HSBC)
Profile ItemHSBC
NameHSBC Holdings plc Sponsored ADR
Country/RegionUnited Kingdom
GICS SectorFinancials
GICS Industry GroupBanks
GICS IndustryBanks
GICS Sub-IndustryDiversified Banks
Market Capitalization317.82 billion USD
CurrencyUSD
ExchangeNYSE
Listing DateJuly 16, 1999
Security TypeADR

Valuation

Price-to-Earnings Ratio (TTM)

HSBC (HSBC) trades at P/E ratio of 15.32, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

HSBC

Banks industry group

15.32

Group distribution
Max
21.53
Q3
15.41
HSBC
15.32
Median
12.95
Q1
11.19
Min
6.13
Largest peers
RY
18.11
C
17.28
JPM
15.36
HSBC
15.32
MUFG
15.27
BAC
13.90
WFC
12.94
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Where HSBC (HSBC) stands on P/E ratio within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Sales Ratio (TTM)

P/S ratio is not assessed for HSBC (HSBC) in Banks: the revenue line is driven by spread economics rather than conventional product or service sales, so book value or earnings usually carry more weight.

Price-to-Book Ratio (MRQ)

HSBC (HSBC) trades at 7.29 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

HSBC

Banks industry group

7.29

Group distribution
HSBC
7.29
Max
2.22
Q3
1.58
Median
1.30
Q1
1.13
Min
0.64
Largest peers
HSBC
7.29
RY
2.95
JPM
2.50
MUFG
1.64
WFC
1.57
BAC
1.45
C
1.25
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Where HSBC (HSBC) stands on P/B ratio within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Valuation at a Glance

HSBC (HSBC) metric values compared with Banks industry-group medians
MetricCurrent stock: HSBCIndustry group median
Price-to-Earnings Ratio (TTM)15.3212.95
Price-to-Sales Ratio (TTM)----
Price-to-Book Ratio (MRQ)7.291.30
Free Cash Flow Yield----

Profitability

Return on Equity (TTM)

HSBC (HSBC) posts ROE of 11.61%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

HSBC

Banks industry group

11.61%

Group distribution
Max
19.15%
Q3
13.07%
HSBC
11.61%
Median
10.82%
Q1
8.57%
Min
3.15%
Largest peers
JPM
16.47%
RY
16.20%
WFC
12.03%
MUFG
11.91%
HSBC
11.61%
BAC
10.64%
C
7.65%
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Where HSBC (HSBC) stands on ROE within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Net Profit Margin (TTM)

HSBC (HSBC) keeps 34.98% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

HSBC

Banks industry group

34.98%

Group distribution
Max
47.55%
HSBC
34.98%
Q3
34.61%
Median
30.31%
Q1
25.62%
Min
12.76%
Largest peers
HSBC
34.98%
JPM
33.94%
RY
33.69%
BAC
28.96%
MUFG
28.51%
WFC
26.74%
C
20.36%
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Where HSBC (HSBC) stands on net margin within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Operating Profit Margin (TTM)

operating margin is set aside for HSBC (HSBC) in Banks: the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.

Profitability at a Glance

HSBC (HSBC) metric values compared with Banks industry-group medians
MetricCurrent stock: HSBCIndustry group median
Return on Equity (TTM)11.61%10.82%
Return on Assets (TTM)0.72%1.15%
Net Profit Margin (TTM)34.98%30.31%
Operating Profit Margin (TTM)----
Gross Profit Margin (TTM)----

Financial Strength

Current Ratio (MRQ)

current ratio is set aside for HSBC (HSBC) in Banks: these balance sheets are not best read through a current/non-current split, so regulatory, funding, or liquidity-coverage measures usually matter more.

Debt-to-Equity Ratio (MRQ)

debt-to-equity ratio is set aside for HSBC (HSBC) in Banks: leverage is part of the business model itself, so capital adequacy, funding mix, and regulatory measures are usually better risk gauges.

Financial Strength at a Glance

HSBC (HSBC) metric values compared with Banks industry-group medians
MetricCurrent stock: HSBCIndustry group median
Current Ratio (MRQ)----
Debt-to-Equity Ratio (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

HSBC (HSBC) has dividend yield of 4.05%, in the upper peer-yield quartile while still inside the industry range. The dividend offers more cash income per dollar of share price than most peers, though payout coverage still matters.

HSBC

Banks industry group

4.05%

Group distribution
Max
5.44%
HSBC
4.05%
Q3
3.24%
Median
2.58%
Q1
1.71%
Min
0.00%
Largest peers
HSBC
4.05%
RY
2.55%
MUFG
2.45%
WFC
2.15%
BAC
2.00%
JPM
1.87%
C
1.72%
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Where HSBC (HSBC) stands on dividend yield within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

HSBC (HSBC) has payout ratio of 61.98%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

HSBC

Banks industry group

61.98%

Group distribution
Max
74.88%
HSBC
61.98%
Q3
42.57%
Median
29.00%
Q1
19.94%
Min
0.00%
Largest peers
HSBC
61.98%
RY
41.35%
C
29.17%
JPM
28.24%
BAC
27.30%
WFC
27.05%
MUFG
15.74%
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Where HSBC (HSBC) stands on payout ratio within its Banks peer group — the box is the group’s distribution and the dots its largest members.

Dividends at a Glance

HSBC (HSBC) metric values compared with Banks industry-group medians
MetricCurrent stock: HSBCIndustry group median
Dividend Yield (TTM)4.05%2.58%
Dividend Payout Ratio (TTM)61.98%29.00%