FUTU vs. PAYP: Futu vs. PayPay Stock Comparison

Company Profile

Futu (FUTU) and PayPay (PAYP) both fall under the Financial Services industry group, but FUTU is classified in Capital Markets while PAYP is classified in Financial Services.

Futu (FUTU) has been public since March 8, 2019 with a meaningfully longer listed history, while PayPay (PAYP) only listed on March 12, 2026 — long-window metrics on the PAYP side should be interpreted with caution.

Both Futu (FUTU) and PayPay (PAYP) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Both FUTU and PAYP need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Futu (FUTU) at 30.52% sits in the top ROE quartile, while PayPay (PAYP) at 18.80% is closer to the peer norm — stronger capital efficiency for FUTU.

Futu (FUTU) at 46.20% retains a top-quartile share of revenue as profit, ahead of PayPay (PAYP) at 15.85%, which keeps about the industry-typical share.

Futu (FUTU) at 66.75% operates in the top operating margin quartile, ahead of PayPay (PAYP) at 32.79%, which runs around its industry’s norm.

Profitability Metrics

Growth

Futu (FUTU) at 68.11% clears its industry range for revenue growth, far stronger top-line momentum than PayPay (PAYP) at 25.85%, which is closer to a typical peer reading.

Both companies show strong earnings momentum, but PayPay (PAYP) at 230.06% is the standout with EPS growth above its industry range; Futu (FUTU) at 106.38% also sits in the top quartile.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Futu (FUTU) in Financial Services and PayPay (PAYP) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Futu (FUTU) in Financial Services and PayPay (PAYP) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Neither Futu (FUTU) nor PayPay (PAYP) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

PayPay (PAYP) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Futu (FUTU) reports a payout of 25.80%, ranking against industry peers normally.

Dividend Metrics

Valuation

Both Futu (FUTU) at 9.73 and PayPay (PAYP) at 23.30 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

Both Futu (FUTU) at 0.57 and PayPay (PAYP) at 0.02 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

Futu (FUTU) at 2.75 is valued about in line with its industry on P/B ratio, while PayPay (PAYP) at 3.75 carries an above-peer premium to book — PAYP is pricier on assets.

Valuation Metrics