29 Sep '17, 9pm

With EVs on the Rise, is Geely Stock Undervalued?

With EVs on the Rise, is Geely Stock Undervalued?

The guys at Seeking Alpha go on, adding some insights into Geely’s “fundamentals” by adding that, “Between FY2013 and FY2016, revenue grew at a CAGR of 20 percent and diluted earnings per share expanded at a CAGR of approximately 21 percent. In the most recent trailing twelve months, these rates then accelerated to 78 percent and 126 percent respectively, as measured by Reuters ‘ financial highlights. This represents the biggest profit growth in 8 years which does not look like a one-off event. For 2017, Geely sees its sales volume target at 1 million units, representing a gain of around 31 percent over 2016

Full article: https://gas2.org/2017/09/29/with-evs-on-the-rise-is-geely...

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