JF
J and Friends Holdings Limited Sponsored ADR Class A
There isn't enough reported data to score JF yet.
MS
Morgan Stanley
MS's fundamentals are strong: revenue grew 16% and earnings per share grew 29%. At 15x earnings, it's trading in line with its usual 14x. Analysts expect earnings growth.
JF Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Under pressure | |
| N/A | |
| N/A |
JF's profitability is currently under pressure. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like JF.
MS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
MS's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MS.
JF PE Valuation
JF has no meaningful PE right now: it lost money over the past year.
MS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $134 | -29% |
| Fair | 14x | $178 | -5.7% |
| Forward | 14x | $189 | — |
| Current | 15x | $189 | — |
| Expensive | 18x | $223 | +18% |
Historical ranges are pointers, not guarantees.
MS's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
JF Forward outlook
There aren't enough analyst estimates for JF to show an outlook.
MS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for MS, with profitability improving.
JF Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | -$0.00 | $0.00 |
| Q4 2024 | -$0.00 | +$0.02 |
| Q4 2023 | -$0.02 | +$0.07 |
| Q4 2022 | -$0.09 | +$0.17 |
| Q4 2021 | -$0.26 | +$0.48 |
| Q4 2020 | -$0.74 | +$1.67 |
| Q4 2019 | -$2.41 | +$84.89 |
| Q4 2018 | -$87.30 | +$270.87 |
JF lost $0.00 per share over the past year, a smaller loss than the year before.
MS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.39 | +6.3% |
| Q3 2026 | $12.60 | +29% |
| Q2 2026 | $12.37 | +40% |
| Q1 2026 | $11.04 | +29% |
| Q4 2025 | $10.21 | +28% |
| Q3 2025 | $9.76 | +48% |
| Q2 2025 | $8.84 | +45% |
| Q1 2025 | $8.53 | +55% |
| Q4 2024 | $7.95 | +53% |
MS has the edge over JF in the latest year-over-year earnings comparison.
JF Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $1.6M | -70% |
| Q4 2024 | $5.3M | -33% |
| Q4 2023 | $7.9M | -29% |
| Q4 2022 | $11.2M | -57% |
| Q4 2021 | $26M | -54% |
| Q4 2020 | $56.8M | -71% |
| Q4 2019 | $192.9M | +463% |
| Q4 2018 | $34.2M | +2.5% |
MS has the stronger quarterly revenue trend. Revenue is down 94% for JF versus up 12% for MS.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -84% | -43 points |
| Q4 2024 | -40% | +15 points |
| Q4 2023 | -79% | -22 points |
| Q4 2022 | -109% | -73 points |
| Q4 2021 | -41% | -51 points |
| Q4 2020 | -55% | -63 points |
| Q4 2019 | -57% | -65 points |
| Q4 2018 | -37% | -42 points |
JF's operating margin was −84% last quarter, down 43 points from the same quarter a year ago, near the bottom of its range since 2017.
MS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.3B | +12% |
| Q2 2026 | $21.3B | +27% |
| Q1 2026 | $20.6B | +16% |
| Q4 2025 | $17.9B | +10% |
| Q3 2025 | $18.2B | +18% |
| Q2 2025 | $16.8B | +12% |
| Q1 2025 | $17.7B | +17% |
| Q4 2024 | $16.2B | +26% |
MS's revenue has grown year over year for 14 quarters in a row: $20.3B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | -1.2 points |
| Q2 2026 | 34% | +6.9 points |
| Q1 2026 | 34% | +2.8 points |
| Q4 2025 | 32% | +2 points |
| Q3 2025 | 33% | +5.6 points |
| Q2 2025 | 28% | +0.4 points |
| Q1 2025 | 31% | +2.2 points |
| Q4 2024 | 30% | +14 points |
MS's operating margin was 32% last quarter, down 1.2 points from the same quarter a year ago.
JF Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2018 | $31.5M | +68% |
| Q3 2018 | $0 | $0 |
| Q2 2018 | $6.9M | +15% |
| Q1 2018 | -$22.7M | -595% |
JF has the stronger cash trend. Its trailing FCF is up 69% versus its history, compared with MS at down 492%.
MS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$46B | -$42.7B |
| Q2 2026 | -$2.7B | -123% |
| Q1 2026 | -$7.1B | +$16.9B |
| Q4 2025 | -$2.4B | -120% |
| Q3 2025 | -$3.3B | +$14B |
| Q2 2025 | $11.8B | +368% |
| Q1 2025 | -$24B | -650% |
| Q4 2024 | $11.8B | +$29.6B |
MS's free cash flow was −$58.3B over the past year, against −$3.7B the year before. Free cash flow isn't a meaningful measure for financial services companies like MS.
JF Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.9% | +27.3M shares |
| 1 year | +871% | +522M shares |
| 3 years | +1065488% | +582M shares |
JF has 582M diluted shares, up 871% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2018 | $47.5M |
| Q3 2018 | — |
| Q2 2018 | — |
| Q1 2018 | — |
| Q4 2017 | — |
| Q3 2017 | — |
| Q2 2017 | — |
| Q1 2017 | — |
MS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -3M shares |
| 1 year | -1.5% | -24M shares |
| 3 years | -4.7% | -77M shares |
| 5 years | -14% | -246M shares |
| Available history | -4.5% | -74M shares |
MS has the edge over JF on shareholder dilution, with a more favorable share count trend.
JF Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2018 | 9.1x | High |
| Q2 2018 | 14.9x | High |
| Q1 2018 | 153.5x | High |
JF's net debt is about 9.1 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JF.
MS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.8x | High |
| Q2 2026 | 7.3x | High |
| Q1 2026 | 8.2x | High |
| Q4 2025 | 8.6x | High |
| Q3 2025 | 8.4x | High |
| Q2 2025 | 8.7x | High |
| Q1 2025 | 8.7x | High |
| Q4 2024 | 7.9x | High |
MS's net debt is about 7.8 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MS.
JF Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.4 | Neutral |
| Stochastic | 31.6 | Neutral |
JF's weekly RSI is 46 (neutral) and its Stochastic is 32 (neutral).
MS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.0 | Neutral |
| Stochastic | 18.7 | Oversold |
MS's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).
JF PE vs Financial Services Sector
JF has no meaningful PE right now: it lost money over the past year.
MS PE vs Financial Services Sector
| Metric | MS | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 15% above |
| PE % | 59 | 63 | 4 pts below |
MS is trading at 15x earnings, a 15% premium to the Financial Services sector's median of 13x.
JF Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.94 | 2.1% below |
| 20 week MA | $0.95 | 3.2% below |
| 50 week MA | $0.98 | 6.1% below |
| 100 week MA | $0.97 | 5.2% below |
| 200 week MA | $0.99 | 7.1% below |
JF is in a downtrend: it's below all five of its weekly moving averages, and 7.1% below its 200-week average.
MS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $186.5 | 1.5% above |
| 20 week MA | $203.3 | 6.9% below |
| 50 week MA | $191.9 | 1.4% below |
| 100 week MA | $164.9 | 15% above |
| 200 week MA | $129.3 | 46% above |
MS has the edge over JF on trend strength, trading above more of its moving averages.
JF Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.7 | $5.20 | -51% |
| 2021 | $5.20 | $2.30 | -56% |
| 2022 | $2.30 | $0.46 | -80% |
| 2023 | $0.46 | $1.11 | +141% |
| 2024 | $1.11 | $0.91 | -18% |
| 2025 | $0.91 | $0.94 | +3.3% |
| 2026 YTD | $0.94 | $0.92 | -2.1% |
JF's yearly returns have swung widely, from +141% in 2023 to −80% in 2022. It's down 2.1% so far in 2026.
MS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.1 | $68.1 | +33% |
| 2021 | $68.1 | $99.3 | +46% |
| 2022 | $99.3 | $86.1 | -13% |
| 2023 | $86.1 | $93.3 | +8.3% |
| 2024 | $93.3 | $126.8 | +36% |
| 2025 | $126.8 | $181.9 | +43% |
| 2026 YTD | $181.9 | $189.2 | +4% |
MS has the edge over JF on returns for 2026, with the stronger performance.