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Qifu Technology (Qifu Technology) EV-to-FCF : 2.63 (As of May. 07, 2024)


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What is Qifu Technology EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Qifu Technology's Enterprise Value is $2,632 Mil. Qifu Technology's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $1,001 Mil. Therefore, Qifu Technology's EV-to-FCF for today is 2.63.

The historical rank and industry rank for Qifu Technology's EV-to-FCF or its related term are showing as below:

QFIN' s EV-to-FCF Range Over the Past 10 Years
Min: -36.36   Med: 2.4   Max: 8.67
Current: 2.58

During the past 8 years, the highest EV-to-FCF of Qifu Technology was 8.67. The lowest was -36.36. And the median was 2.40.

QFIN's EV-to-FCF is ranked better than
80.62% of 258 companies
in the Credit Services industry
Industry Median: 12.375 vs QFIN: 2.58

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-07), Qifu Technology's stock price is $19.91. Qifu Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.660. Therefore, Qifu Technology's PE Ratio for today is 5.44.


Qifu Technology EV-to-FCF Historical Data

The historical data trend for Qifu Technology's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Qifu Technology EV-to-FCF Chart

Qifu Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial 2.77 1.42 2.95 2.72 2.07

Qifu Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.72 2.67 2.13 2.00 2.07

Competitive Comparison of Qifu Technology's EV-to-FCF

For the Credit Services subindustry, Qifu Technology's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qifu Technology's EV-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Qifu Technology's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Qifu Technology's EV-to-FCF falls into.



Qifu Technology EV-to-FCF Calculation

Qifu Technology's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2631.967/1001.368
=2.63

Qifu Technology's current Enterprise Value is $2,632 Mil.
Qifu Technology's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,001 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Qifu Technology  (NAS:QFIN) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Qifu Technology's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=19.91/3.660
=5.44

Qifu Technology's share price for today is $19.91.
Qifu Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.660.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Qifu Technology EV-to-FCF Related Terms

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Qifu Technology (Qifu Technology) Business Description

Traded in Other Exchanges
Address
No. 1217 Dongfang Road, 7th Floor Lujiazui Finance Plaza, Pudong New Area, Shanghai, CHN, 200122
Qifu Technology Inc is a Credit-Tech platform in China. It provides credit services more accessible and personalized to consumers and SMEs through Credit-Tech services to financial institutions, whereby it deploys its technology solutions to help financial institutions identify the diversified needs of consumers and SMEs, effectively access prospective borrowers that are creditworthy through multi-channels, enhance credit assessment on prospective borrowers, and manage credit risks and improve collection strategies and efficiency, among others.