10 years of historical data (2015–2024) · Financial Services · Financial - Credit Services
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
FinVolution Group trades at 4.3x earnings, 619% above its 5-year average of 0.6x, sitting at the 100th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.8x, the stock trades at a discount of 69%. On a free-cash-flow basis, the stock trades at 7.6x P/FCF, 224% above the 5-year average of 2.4x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.2B | $1.8B | $1.4B | $1.4B | $1.5B | $796M | $823M | $1.2B | $1.1B | — | — |
| Enterprise Value | $2.5B | $-2845542018 | $-3552795960 | $-2016733328 | $-2923024028 | $-1792510226 | $-1181614778 | $-439457594 | $-782249328 | — | — |
| P/E Ratio → | 4.26 | 0.75 | 0.59 | 0.64 | 0.58 | 0.40 | 0.35 | 0.47 | — | — | — |
| P/S Ratio | 1.67 | 0.14 | 0.11 | 0.13 | 0.15 | 0.11 | 0.14 | 0.25 | 0.28 | — | — |
| P/B Ratio | 0.65 | 0.12 | 0.10 | 0.12 | 0.14 | 0.09 | 0.10 | 0.19 | 0.30 | — | — |
| P/FCF | 7.62 | 0.63 | 1.57 | 6.68 | 2.54 | 0.37 | — | 0.64 | 0.63 | — | — |
| P/OCF | 7.55 | 0.62 | 0.97 | 5.37 | 2.32 | 0.36 | — | 0.61 | 0.59 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
FinVolution Group's enterprise value stands at 6.6x EBITDA. The Financial Services sector median is 11.1x, placing the stock at a 41% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.22 | -0.28 | -0.18 | -0.31 | -0.24 | -0.20 | -0.10 | -0.20 | — | — |
| EV / EBITDA | 6.57 | -1.09 | -1.45 | -0.78 | -1.09 | -0.75 | -0.43 | — | — | — | — |
| EV / EBIT | 6.79 | -1.12 | -1.49 | -0.80 | -1.12 | -0.78 | -0.45 | -0.24 | -0.51 | — | — |
| EV / FCF | — | -0.99 | -4.06 | -9.33 | -5.08 | -0.82 | — | -0.24 | -0.44 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
FinVolution Group earns an operating margin of 19.4%, below the Financial Services sector average of 21.9%. Operating margins have compressed from 22.3% to 19.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 16.2% indicates solid capital efficiency, compared to the sector median of 9.1%. ROIC of 12.9% represents solid returns on invested capital versus a sector median of 5.4%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 79.3% | 79.3% | 82.8% | 80.6% | 79.9% | 82.5% | 79.7% | 78.3% | 75.2% | 68.1% | 49.2% |
| Operating Margin | 19.4% | 19.4% | 18.9% | 22.3% | 27.4% | 30.5% | 44.4% | -55.1% | -59.9% | -80.5% | -174.1% |
| Net Profit Margin | 18.2% | 18.2% | 18.6% | 20.1% | 26.3% | 26.1% | 39.8% | 54.3% | 27.6% | 41.2% | -36.9% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.2% | 16.2% | 17.8% | 19.6% | 26.2% | 24.0% | 33.9% | 51.1% | 48.6% | 96.4% | -26.9% |
| ROA | 10.6% | 10.6% | 11.0% | 11.5% | 15.2% | 11.9% | 15.1% | 22.7% | 20.1% | 34.8% | -9.8% |
| ROIC | 12.9% | 12.9% | 13.5% | 16.1% | 20.4% | 20.6% | 27.7% | -38.8% | -79.2% | -138.4% | -88.6% |
| ROCE | 13.8% | 13.8% | 14.0% | 16.4% | 20.8% | 23.8% | 36.6% | -48.0% | -79.0% | -90.9% | -66.2% |
Solvency and debt-coverage ratios — lower is generally safer
FinVolution Group carries a Debt/EBITDA ratio of 0.0x, which is very conservative (100% below the sector average of 4.1x). The company holds a net cash position — cash of $4.7B exceeds total debt of $34M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.04 | 0.00 | — | — | 0.07 |
| Debt / EBITDA | 0.01 | 0.01 | 0.02 | 0.07 | 0.01 | 0.02 | 0.12 | — | — | — | — |
| Net Debt / Equity | — | -0.30 | -0.36 | -0.28 | -0.41 | -0.31 | -0.25 | -0.27 | -0.51 | -0.52 | -0.27 |
| Net Debt / EBITDA | -1.77 | -1.77 | -2.01 | -1.34 | -1.63 | -1.08 | -0.73 | — | — | — | — |
| Debt / FCF | — | -1.62 | -5.63 | -16.01 | -7.63 | -1.19 | — | -0.89 | -1.07 | -0.38 | — |
| Interest Coverage | — | — | — | — | — | 10.11 | 11.23 | -41.68 | -150.76 | -53.81 | -2143.17 |
Net cash position: cash ($4.7B) exceeds total debt ($34M)
Short-term solvency ratios and asset-utilisation metrics
FinVolution Group's current ratio of 4.31x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 3.83x to 4.31x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.31 | 4.31 | 4.97 | 3.83 | 4.10 | 3.49 | 1.70 | 1.78 | 1.92 | 2.17 | 1.85 |
| Quick Ratio | 4.31 | 4.31 | 4.97 | 3.83 | 4.10 | 3.49 | 1.70 | 1.78 | 1.92 | 2.17 | 1.85 |
| Cash Ratio | 1.06 | 1.06 | 1.36 | 0.74 | 1.10 | 0.68 | 0.23 | 0.23 | 0.44 | 0.79 | 0.42 |
| Asset Turnover | — | 0.55 | 0.59 | 0.53 | 0.53 | 0.51 | 0.33 | 0.35 | 0.46 | 0.57 | 0.27 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
FinVolution Group returns 7.3% to shareholders annually — split between a 4.3% dividend yield and 2.9% buyback yield. The payout ratio of 18.5% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 23.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.3% | 24.6% | 31.3% | 25.8% | 21.7% | 33.1% | 47.5% | — | — | — | — |
| Payout Ratio | 18.5% | 18.5% | 18.4% | 16.4% | 12.7% | 13.4% | 16.5% | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 23.5% | 133.3% | 170.4% | 157.3% | 171.4% | 247.2% | 288.7% | 213.9% | — | — | — |
| FCF Yield | 13.1% | 159.8% | 63.7% | 15.0% | 39.3% | 273.1% | — | 156.0% | 160.0% | — | — |
| Buyback Yield | 2.9% | 35.9% | 50.5% | 23.6% | 1.8% | 47.7% | 5.1% | 39.3% | 0.0% | — | — |
| Total Shareholder Yield | 7.3% | 60.5% | 81.8% | 49.4% | 23.5% | 80.8% | 52.6% | 39.3% | 0.0% | — | — |
| Shares Outstanding | — | $264M | $281M | $291M | $297M | $298M | $310M | $320M | $156M | $300M | $300M |
Compare FINV with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| FINVYou | $3B | 4.3 | 6.6 | 7.6 | 79.3% | 19.4% | 16.2% | 12.9% | 0.0 |
| COF | $124B | 16.9 | 13.9 | 7.3 | 50.8% | 11.0% | 8.0% | 4.1% | 5.0 |
| SYF | $25B | 8.1 | 5.1 | 2.5 | 45.2% | 21.9% | 23.0% | 11.0% | 3.1 |
| SYF-PB | $9B | 3.1 | 2.0 | 1.0 | 45.2% | 21.9% | 23.0% | 11.0% | 3.1 |
| OMF | $7B | 8.4 | 12.1 | 2.1 | 69.5% | 37.5% | 23.8% | 6.9% | 9.7 |
| ENVA | $3B | 12.0 | 10.1 | 1.9 | 50.1% | 23.5% | 24.3% | 10.4% | 5.8 |
| BFH | $3B | 12.9 | 10.7 | 1.6 | 50.9% | 7.9% | 9.3% | 3.3% | 12.1 |
| AHG | $2B | -3.0 | — | 2306.8 | -1.9% | -1125.4% | -80.0% | -73.9% | — |
| LU | $2B | 5.8 | 1.3 | 1.0 | 69.5% | 35.5% | 0.9% | 7.7% | 2.9 |
| XYF | $1B | 0.2 | 3.2 | 5.7 | 66.6% | 31.9% | 24.1% | 20.5% | 0.2 |
| ATLC | $791M | 11.0 | 20.3 | 1.7 | 21.6% | 10.6% | 25.2% | 3.8% | 17.4 |
| Financial Services Median | — | 13.8 | 11.1 | 11.2 | 60.2% | 21.9% | 9.1% | 5.4% | 4.1 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 10 years · Updated daily
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Start ComparisonFinVolution Group's current P/E ratio is 4.3x. The historical average is 0.5x. This places it at the 100th percentile of its historical range.
FinVolution Group's current EV/EBITDA is 6.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
FinVolution Group's return on equity (ROE) is 16.2%. The historical average is 30.7%.
Based on historical data, FinVolution Group is trading at a P/E of 4.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
FinVolution Group's current dividend yield is 4.34% with a payout ratio of 18.5%.
FinVolution Group has 79.3% gross margin and 19.4% operating margin. Operating margin between 10-20% is typical for established companies.
FinVolution Group's Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.