Saturday, September 15, 2018

$FGEN's Price Action Catching Up With Its Fundamentals

The technical aspect of $FGEN has finally caught with its fundamentals after 10 months. The stock bottomed last 22 June @ 14.10. After more or less 3 months, technically speaking, the stock now is in an uptrend.

The stock's price as of last Friday, 14 September was 16.66. Its BVPS is 25.67. It is definitely undervalued with a 0.64 P/BV (x). With a 1.49 2017 EPS, its 2017 P/E (x) was 11. As to its P/E (x) estimates between 2018 to 2020, COL Financials came up with 6.40 for 2018E, 6 for 2019E, and 5.90 for 2020E basing on 2.57, 2.75, and 2.82 EPS consecutively.

COL Financials upgraded the fair value of this stock for the last three months. On 03 July, its FV was upgraded to 26.50 and just recently last 11 September to 28.80.

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