FinVolution Group vs PennyMac Financial Services, Inc., two Mortgage Finance stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
17.78 against 9.14: two single-digit-adjacent multiples on profitable lenders, and the cheaper one belongs to the American. PennyMac earns a 23.5% net margin from mortgage servicing and origination, geared 1.44 turns, dividend attached; FinVolution earns 18.7% matching Chinese borrowers to institutional funders, nearly debt-free. Returns on assets favor the platform enormously, 10% against 1.6%, balance-sheet physics as usual. PennyMac's negative 87.9% free-cash figure is loan-flow noise; FinVolution's 4% is clean. The pair scrambles the usual jurisdiction pricing: here the US name is the discount and the Chinese platform the relative premium, because rate cyclicality frightens the market even more than geography.
Comparison updated 2026-07-10.
| Metric | FINV | PFSI |
|---|---|---|
| Price | $4.80 | $86.05 |
| Market cap | $6.4B | $4.6B |
| Sector | Financial Services | Financial Services |
| Stage | Growth | Growth |
| P/E | 17.8 | 9.1 |
| P/B | 2.66 | 1.07 |
| P/S | 3.30 | 2.15 |
| EV/EBITDA | 613.1 | 787.9 |
| Revenue growth | +200.0% | +26.0% |
| Net margin | 18.7% | 23.5% |
| Return on equity | 15.1% | 11.7% |
| Return on assets | 10.0% | 1.6% |
| Dividend yield | — | 1.4% |
| Debt / equity | 0.02 | 1.44 |
| Altman Z (solvency) | 4.33 | 0.36 |
| Piotroski F (quality) | 6 / 9 | 5 / 9 |
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.