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Findev (TSXV:FDI) PEG Ratio : 0.35 (As of Dec. 11, 2024)


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What is Findev PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Findev's PE Ratio without NRI is 5.89. Findev's 5-Year EBITDA growth rate is 16.60%. Therefore, Findev's PEG Ratio for today is 0.35.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Findev's PEG Ratio or its related term are showing as below:

TSXV:FDI' s PEG Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.33   Max: 0.39
Current: 0.35


During the past 13 years, Findev's highest PEG Ratio was 0.39. The lowest was 0.09. And the median was 0.33.


TSXV:FDI's PEG Ratio is ranked better than
90.6% of 1159 companies
in the Banks industry
Industry Median: 1.65 vs TSXV:FDI: 0.35

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Findev PEG Ratio Historical Data

The historical data trend for Findev's PEG Ratio 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.

Findev PEG Ratio Chart

Findev Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.34 0.31

Findev Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
PEG Ratio 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 0.35 0.38 0.31 0.33 0.34

Competitive Comparison of Findev's PEG Ratio

For the Mortgage Finance subindustry, Findev's PEG Ratio, along with its competitors' market caps and PEG Ratio 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.


Findev's PEG Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Findev's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Findev's PEG Ratio falls into.



Findev PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Findev's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=5.8904109589041/16.60
=0.35

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Findev  (TSXV:FDI) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Findev PEG Ratio Related Terms

Thank you for viewing the detailed overview of Findev's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Findev Business Description

Traded in Other Exchanges
Address
10 Wanless Avenue, Suite 200, Toronto, ON, CAN, M4N 1V6
Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above-average returns in a two to three-year timeframe. It focuses on lending to residential and retail development projects within the Greater Toronto Area. It focuses on real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments.
Executives
Devon Cranson Director
Anthony Heller Director

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