TradingView
Spijk
Mar 18, 2021 3:03 PM

FinVolution offers strong potential Long

FinVolution GroupNYSE

Description

I recently added FinVolution NYSE:FINV to my portfolio.

I wish I discovered this stock earlier, because in my opinion this stock has huge price potential. It is currently my largest holding in my portfolio.
The company is a Chinese fintech company with a historical revenue CAGR of around 20%.
The current P/E ratio is around 8/9, which makes this stock a bargain given it's expected revenue/earnings growth.
Comments
Kabeldon
Hi! What does revenue CAGR mean? Good post!
Spijk
@Kabeldon, CAGR= compounded average growth rate (of revenue in this case), or in other words the yearly growth rate.
Kabeldon
@Spijk, Thank you! Very good number to know and use. And 20% is a great revenue CAGR.
More