Qifu Technology, Inc.

NasdaqGS:QFIN Stock Report

Market Cap: US$5.9b

Qifu Technology Valuation

Is QFIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of QFIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: QFIN ($38.25) is trading below our estimate of fair value ($117.9)

Significantly Below Fair Value: QFIN is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for QFIN?

Key metric: As QFIN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for QFIN. This is calculated by dividing QFIN's market cap by their current earnings.
What is QFIN's PE Ratio?
PE Ratio7.9x
EarningsCN¥5.46b
Market CapCN¥43.33b

Price to Earnings Ratio vs Peers

How does QFIN's PE Ratio compare to its peers?

The above table shows the PE ratio for QFIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16x
SLM SLM
9.1x0.8%US$5.9b
OMF OneMain Holdings
11.3x31.2%US$6.2b
NNI Nelnet
33.5xn/aUS$3.8b
BFH Bread Financial Holdings
9.9x12.9%US$3.1b
QFIN Qifu Technology
7.9x9.6%US$5.9b

Price-To-Earnings vs Peers: QFIN is good value based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (16x).

Price to Earnings Ratio vs Industry

How does QFIN's PE Ratio compare vs other companies in the US Consumer Finance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
YRD Yiren Digital
1.6xn/aUS$409.46m
No more companies available in this PE range
QFIN 7.9xIndustry Avg. 11.3xNo. of Companies5PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: QFIN is good value based on its Price-To-Earnings Ratio (7.9x) compared to the US Consumer Finance industry average (11.3x).

Price to Earnings Ratio vs Fair Ratio

What is QFIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

QFIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.9x
Fair PE Ratio17.4x

Price-To-Earnings vs Fair Ratio: QFIN is good value based on its Price-To-Earnings Ratio (7.9x) compared to the estimated Fair Price-To-Earnings Ratio (17.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst QFIN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$38.25
US$43.12
+12.7%
7.4%US$47.80US$37.00n/a11
Dec ’25US$38.11
US$41.81
+9.7%
14.5%US$47.84US$25.45n/a11
Nov ’25US$32.58
US$32.03
-1.7%
20.6%US$47.13US$24.86n/a11
Oct ’25US$30.86
US$29.66
-3.9%
7.8%US$33.98US$25.22n/a11
Sep ’25US$26.49
US$28.81
+8.8%
6.5%US$31.51US$24.86n/a11
Aug ’25US$19.59
US$25.46
+29.9%
13.0%US$30.16US$15.86n/a12
Jul ’25US$19.70
US$25.58
+29.9%
12.1%US$30.00US$15.78n/a14
Jun ’25US$19.32
US$25.20
+30.4%
14.1%US$29.99US$15.84n/a14
May ’25US$18.57
US$22.70
+22.2%
13.2%US$26.68US$15.84n/a14
Apr ’25US$18.68
US$22.67
+21.4%
13.7%US$26.83US$15.93n/a13
Mar ’25US$15.90
US$23.08
+45.2%
14.0%US$27.25US$16.04n/a13
Feb ’25US$14.36
US$23.08
+60.7%
14.0%US$27.25US$16.04n/a13
Jan ’25US$15.82
US$23.72
+49.9%
11.4%US$27.32US$18.67n/a12
Dec ’24US$15.27
US$23.80
+55.9%
11.8%US$27.22US$18.60US$38.1111
Nov ’24US$14.67
US$24.81
+69.1%
10.7%US$28.77US$18.23US$32.5811
Oct ’24US$15.36
US$24.81
+61.5%
10.7%US$28.77US$18.23US$30.8611
Sep ’24US$17.70
US$25.21
+42.4%
11.5%US$29.39US$18.34US$26.4912
Aug ’24US$18.68
US$26.72
+43.0%
7.0%US$29.72US$22.27US$19.5912
Jul ’24US$17.28
US$26.27
+52.0%
7.8%US$29.56US$22.15US$19.7011
Jun ’24US$14.66
US$26.96
+83.9%
10.7%US$33.89US$22.52US$19.3211
May ’24US$17.99
US$27.87
+54.9%
8.4%US$33.87US$24.24US$18.5711
Apr ’24US$19.40
US$27.98
+44.2%
8.4%US$34.00US$24.32US$18.6811
Mar ’24US$21.91
US$28.28
+29.1%
11.3%US$33.84US$22.14US$15.9011
Feb ’24US$25.00
US$27.17
+8.7%
15.0%US$34.48US$20.49US$14.3611
Jan ’24US$20.36
US$23.01
+13.0%
15.6%US$33.39US$19.13US$15.8211
Dec ’23US$15.90
US$21.53
+35.4%
17.9%US$32.25US$16.10US$15.2711

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 09:24
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Qifu Technology, Inc. is covered by 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Emma XuBofA Global Research
Yung ChenCCB International Securities Limited
Xie YuanCCB International Securities Limited