Qifu Technology Adjusts Valuation Amid Strong Fundamentals and Market Underperformance

Qifu Technology, Inc., a midcap player in the finance industry, has recently undergone an adjustment in its evaluation. This revision reflects a nuanced assessment of the company's financial metrics and market position.
The stock's P/E ratio stands at 7, indicating a valuation that may be considered attractive relative to its peers. Additionally, the Price to Book Value is recorded at 1.98, suggesting a favorable comparison in terms of asset valuation. The company's EV to EBIT and EV to EBITDA ratios are both at 2.90, while the EV to Sales ratio is 1.79, providing insights into its operational efficiency and revenue generation capabilities.

Qifu Technology has demonstrated strong long-term fundamental strength, with a notable Return on Equity (ROE) of 30.11% and an average ROE of 28.17% over time. The company has also shown healthy growth, with net sales increasing at an annual rate of 10.40% and operating profit at 28.57%. However, it is important to note that the stock has underperformed the market over the past year, generating a return of 26.06%, which is significantly lower than the Hang Seng Hong Kong's returns of 48.87%.

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