FinVolution Group Is Undervalued With Catalysts (Rating Upgrade)

(6min)

Summary

  • I have lifted my rating for FinVolution to a 'Buy', as there are re-rating drivers that could allow the stock to command a higher valuation.
  • My take is that FINV's shares are cheap based on the capital management yield and P/NAV valuation measures.
  • The key catalysts for the Company are further growth in foreign markets and sustained positive momentum for its domestic operations.
  • Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More »

Chinese Coin, Good Fortune

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My view of FinVolution Group (NYSE:FINV) or FVG has become bullish.

I previewed the company's FY24 results and evaluated its shareholder return with my prior June 18, 2024, update.

FVG is worthy of a Buy rating. The stock is inexpensive

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This article was written by

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The Value Pendulum is an Asian equity market specialist with over a decade of experience on both the buy and sell sides.

He is the author of the investing group Asia Value & Moat Stocks, providing ideas for value investors seeking investment opportunities listed in Asia, with a particular focus on the Hong Kong market. He hunts for deep value balance sheet bargains and wide moat stocks and provides a range of watch lists with monthly updates within his investing group.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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