FINVOLUTION GROUP-ADR (FINV) Stock Fundamental Analysis
NYSE:FINV - New York Stock Exchange, Inc. - US31810T1016 - ADR - Currency: USD
Overall FINV gets a fundamental rating of 8 out of 10. We evaluated FINV against 51 industry peers in the Consumer Finance industry. FINV gets an excellent profitability rating and is at the same time showing great financial health properties. A decent growth rate in combination with a cheap valuation! Better keep an eye on FINV. With these ratings, FINV could be worth investigating further for value and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year FINV was profitable.
In the past year FINV had a positive cash flow from operations.
Each year in the past 5 years FINV has been profitable.
FINV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FINV has a Return On Assets of 10.10%. This is amongst the best in the industry. FINV outperforms 88.24% of its industry peers.
Looking at the Return On Equity, with a value of 15.67%, FINV is in the better half of the industry, outperforming 68.63% of the companies in the same industry.
FINV's Return On Invested Capital of 28.32% is amongst the best of the industry. FINV outperforms 94.12% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FINV is significantly above the industry average of 10.59%.
The last Return On Invested Capital (28.32%) for FINV is above the 3 year average (27.17%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.1% | ||
| ROE | 15.67% | ||
| ROIC | 28.32% |
ROA(3y)10.56%
ROA(5y)11.75%
ROE(3y)17.01%
ROE(5y)19.63%
ROIC(3y)27.17%
ROIC(5y)26.14%
1.3 Margins
The Profit Margin of FINV (18.24%) is better than 86.27% of its industry peers.
FINV's Profit Margin has declined in the last couple of years.
The Operating Margin of FINV (54.51%) is better than 98.04% of its industry peers.
In the last couple of years the Operating Margin of FINV has grown nicely.
FINV's Gross Margin of 81.77% is fine compared to the rest of the industry. FINV outperforms 76.47% of its industry peers.
FINV's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.51% | ||
| PM (TTM) | 18.24% | ||
| GM | 81.77% |
OM growth 3Y4.09%
OM growth 5Y4.2%
PM growth 3Y-11.7%
PM growth 5Y-14.45%
GM growth 3Y0.5%
GM growth 5Y0.5%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), FINV is creating value.
Compared to 1 year ago, FINV has less shares outstanding
The number of shares outstanding for FINV has been reduced compared to 5 years ago.
The debt/assets ratio for FINV has been reduced compared to a year ago.
2.2 Solvency
FINV has an Altman-Z score of 3.73. This indicates that FINV is financially healthy and has little risk of bankruptcy at the moment.
FINV has a better Altman-Z score (3.73) than 90.20% of its industry peers.
The Debt to FCF ratio of FINV is 0.00, which is an excellent value as it means it would take FINV, only 0.00 years of fcf income to pay off all of its debts.
FINV has a Debt to FCF ratio of 0.00. This is amongst the best in the industry. FINV outperforms 94.12% of its industry peers.
FINV has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.00, FINV belongs to the best of the industry, outperforming 90.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.73 |
ROIC/WACC3.66
WACC7.74%
2.3 Liquidity
FINV has a Current Ratio of 4.40. This indicates that FINV is financially healthy and has no problem in meeting its short term obligations.
FINV's Current ratio of 4.40 is amongst the best of the industry. FINV outperforms 86.27% of its industry peers.
FINV has a Quick Ratio of 4.40. This indicates that FINV is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 4.40, FINV belongs to the top of the industry, outperforming 86.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.4 | ||
| Quick Ratio | 4.4 |
3. Growth
3.1 Past
FINV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.94%, which is quite impressive.
The Earnings Per Share has been growing slightly by 3.42% on average over the past years.
Looking at the last year, FINV shows a small growth in Revenue. The Revenue has grown by 5.69% in the last year.
Measured over the past years, FINV shows a quite strong growth in Revenue. The Revenue has been growing by 16.99% on average per year.
EPS 1Y (TTM)25.94%
EPS 3Y2.31%
EPS 5Y3.42%
EPS Q2Q%45.44%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y11.33%
Revenue growth 5Y16.99%
Sales Q2Q%10%
3.2 Future
Based on estimates for the next years, FINV will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.46% on average per year.
The Revenue is expected to grow by 9.70% on average over the next years. This is quite good.
EPS Next Y19.5%
EPS Next 2Y17.16%
EPS Next 3Y15.46%
EPS Next 5YN/A
Revenue Next Year11.81%
Revenue Next 2Y11.29%
Revenue Next 3Y9.7%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.06, the valuation of FINV can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of FINV indicates a rather cheap valuation: FINV is cheaper than 86.27% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of FINV to the average of the S&P500 Index (26.35), we can say FINV is valued rather cheaply.
FINV is valuated cheaply with a Price/Forward Earnings ratio of 4.64.
Based on the Price/Forward Earnings ratio, FINV is valued cheaper than 86.27% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FINV to the average of the S&P500 Index (22.20), we can say FINV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.06 | ||
| Fwd PE | 4.64 |
4.2 Price Multiples
94.12% of the companies in the same industry are more expensive than FINV, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FINV is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.52 | ||
| EV/EBITDA | 1.55 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FINV has an outstanding profitability rating, which may justify a higher PE ratio.
FINV's earnings are expected to grow with 15.46% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.31
PEG (5Y)1.77
EPS Next 2Y17.16%
EPS Next 3Y15.46%
5. Dividend
5.1 Amount
FINV has a Yearly Dividend Yield of 2.99%.
FINV's Dividend Yield is a higher than the industry average which is at 4.44.
Compared to an average S&P500 Dividend Yield of 2.40, FINV pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
5.2 History
The dividend of FINV has a limited annual growth rate of 5.61%.
FINV has been paying a dividend for over 5 years, so it has already some track record.
FINV has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.61%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
18.52% of the earnings are spent on dividend by FINV. This is a low number and sustainable payout ratio.
The dividend of FINV is growing, but earnings are growing more, so the dividend growth is sustainable.
DP18.52%
EPS Next 2Y17.16%
EPS Next 3Y15.46%
8.67
+0.06 (+0.7%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners51.99%
Inst Owner Change6.24%
Ins Owners8.39%
Ins Owner ChangeN/A
Market Cap2.20B
Analysts86.15
Price Target12.17 (40.37%)
Short Float %19.48%
Short Ratio3.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
Yearly Dividend0.25
Dividend Growth(5Y)5.61%
DP18.52%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)60.58%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)6.96%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.06 | ||
| Fwd PE | 4.64 | ||
| P/S | 1.21 | ||
| P/FCF | 5.52 | ||
| P/OCF | 5.46 | ||
| P/B | 1.04 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 1.55 |
EPS(TTM)1.43
EY16.49%
EPS(NY)1.87
Fwd EY21.54%
FCF(TTM)1.57
FCFY18.13%
OCF(TTM)1.59
OCFY18.3%
SpS7.17
BVpS8.34
TBVpS8.24
PEG (NY)0.31
PEG (5Y)1.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.1% | ||
| ROE | 15.67% | ||
| ROCE | 33.39% | ||
| ROIC | 28.32% | ||
| ROICexc | 36.27% | ||
| ROICexgc | 36.68% | ||
| OM | 54.51% | ||
| PM (TTM) | 18.24% | ||
| GM | 81.77% | ||
| FCFM | 21.93% |
ROA(3y)10.56%
ROA(5y)11.75%
ROE(3y)17.01%
ROE(5y)19.63%
ROIC(3y)27.17%
ROIC(5y)26.14%
ROICexc(3y)34.82%
ROICexc(5y)33.56%
ROICexgc(3y)35.17%
ROICexgc(5y)33.94%
ROCE(3y)32.03%
ROCE(5y)30.81%
ROICexcg growth 3Y5.31%
ROICexcg growth 5Y9.71%
ROICexc growth 3Y5.34%
ROICexc growth 5Y9.72%
OM growth 3Y4.09%
OM growth 5Y4.2%
PM growth 3Y-11.7%
PM growth 5Y-14.45%
GM growth 3Y0.5%
GM growth 5Y0.5%
F-Score5
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 39.94% | ||
| Cap/Sales | 0.21% | ||
| Interest Coverage | 185.91 | ||
| Cash Conversion | 40.23% | ||
| Profit Quality | 120.24% | ||
| Current Ratio | 4.4 | ||
| Quick Ratio | 4.4 | ||
| Altman-Z | 3.73 |
F-Score5
WACC7.74%
ROIC/WACC3.66
Cap/Depr(3y)883.8%
Cap/Depr(5y)572.3%
Cap/Sales(3y)1.66%
Cap/Sales(5y)1.2%
Profit Quality(3y)55.72%
Profit Quality(5y)60.07%
High Growth Momentum
Growth
EPS 1Y (TTM)25.94%
EPS 3Y2.31%
EPS 5Y3.42%
EPS Q2Q%45.44%
EPS Next Y19.5%
EPS Next 2Y17.16%
EPS Next 3Y15.46%
EPS Next 5YN/A
Revenue 1Y (TTM)5.69%
Revenue growth 3Y11.33%
Revenue growth 5Y16.99%
Sales Q2Q%10%
Revenue Next Year11.81%
Revenue Next 2Y11.29%
Revenue Next 3Y9.7%
Revenue Next 5YN/A
EBIT growth 1Y4.64%
EBIT growth 3Y15.88%
EBIT growth 5Y21.9%
EBIT Next Year40.81%
EBIT Next 3Y20.08%
EBIT Next 5YN/A
FCF growth 1Y227.35%
FCF growth 3Y70.81%
FCF growth 5YN/A
OCF growth 1Y104.69%
OCF growth 3Y66.2%
OCF growth 5YN/A