FinVolution Group (NYSE:FINV) shareholders should be happy to see the share price up 11% in the last quarter. But that doesn't change the fact that the returns over the last year have been less than pleasing. In fact the stock is down 36% in the last year, well below the market return.
After losing 9.7% this past week, it's worth investigating the company's fundamentals to see what we can infer from past performance.
View our latest analysis for FinVolution Group
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
Even though the FinVolution Group share price is down over the year, its EPS actually improved. It's quite possible that growth expectations may have been unreasonable in the past.
The divergence between the EPS and the share price is quite notable, during the year. But we might find some different metrics explain the share price movements better.
FinVolution Group managed to grow revenue over the last year, which is usually a real positive. Since we can't easily explain the share price movement based on these metrics, it might be worth considering how market sentiment has changed towards the stock.
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
NYSE:FINV Earnings and Revenue Growth August 1st 2022
We know that FinVolution Group has improved its bottom line lately, but what does the future have in store? If you are thinking of buying or selling FinVolution Group stock, you should check out this free report showing analyst profit forecasts.
What About Dividends?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, FinVolution Group's TSR for the last 1 year was -33%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!
A Different Perspective
FinVolution Group shareholders are down 33% for the year (even including dividends), falling short of the market return. The market shed around 11%, no doubt weighing on the stock price. Investors are up over three years, booking 8% per year, much better than the more recent returns. The recent sell-off could be an opportunity if the business remains sound, so it may be worth checking the fundamental data for signs of a long-term growth trend. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For example, we've discovered 2 warning signs for FinVolution Group (1 is a bit unpleasant!) that you should be aware of before investing here.
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
信也科技集团(纽约证券交易所股票代码：FINV)股东应该很高兴看到该公司股价在上个季度上涨了11%。但这并没有改变一个事实，即过去一年的回报一直不那么令人满意。事实上，该股去年下跌了36%，远低于市场回报率。
在过去一周下跌9.7%之后，有必要调查一下该公司的基本面，看看我们可以从过去的表现中推断出什么。
查看我们对信也科技集团的最新分析
用巴菲特的话说，“船只将在世界各地航行，但平坦的地球协会将蓬勃发展。市场上的价格和价值之间将继续存在巨大的差异……”一种不完美但简单的方法来考虑市场对一家公司的看法是如何改变的，那就是将每股收益(EPS)的变化与股价走势进行比较。
尽管信也科技集团的股价在过去一年里有所下降，但它的每股收益实际上有所改善。过去的增长预期很有可能是不合理的。
在这一年中，每股收益和股价之间的背离相当明显。但我们可能会发现一些不同的衡量标准可以更好地解释股价走势。
信也科技集团在去年设法实现了营收增长，这通常是一个真正的积极因素。由于我们不能轻易地根据这些指标来解释股价走势，或许值得考虑一下市场情绪是如何改变对股票的看法的。
下图显示了收益和收入随时间的变化情况(如果您点击该图，您可以看到更多详细信息)。
纽约证券交易所：FINV收益和收入增长2022年8月1日
我们知道信也科技集团最近提高了底线，但未来会是什么样子？如果你正在考虑买卖信也科技集团的股票，你应该看看这个。免费显示分析师利润预测的报告。
那股息呢？
重要的是要考虑任何给定股票的总股东回报以及股价回报。虽然股价回报只反映股价的变动，但TSR包括股息的价值(假设股息再投资)，以及任何折价集资或分拆所带来的利益。因此，对于支付丰厚股息的公司来说，TSR往往比股价回报高得多。碰巧，信也科技集团最近1年的TSR为-33%，超过了前面提到的股价回报。这在很大程度上是其股息支付的结果！
不同的视角
信也科技集团股东全年累计下跌33%(甚至包括股息)，不及市场回报。股市下跌了约11%，无疑拖累了股价。投资者在过去三年里上涨了8%，比最近的回报率要好得多。如果业务保持稳健，最近的抛售可能是一个机会，因此可能值得查看基本面数据，以寻找长期增长趋势的迹象。我发现，把股价作为衡量企业业绩的长期指标是非常有趣的。但为了真正获得洞察力，我们还需要考虑其他信息。例如，我们发现信也科技集团的2个警示标志(1有点令人不快！)在这里投资之前你应该意识到这一点。
如果你喜欢和管理层一起买股票，那么你可能会喜欢这本书免费公司名单。(提示：内部人士一直在买入这些股票)。
请注意，本文引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报。
对这篇文章有什么反馈吗？担心内容吗？ 保持联系直接与我们联系。或者，也可以给编辑组发电子邮件，地址是implywallst.com。
本文由Simply Wall St.撰写，具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论，我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议，也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意，我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。
