FANH - Fanhua Undervalued According To Our Methods
Many an analyst has burned the midnight oil puzzling over the price of one stock or another. Especially vexing are the stocks of foreign companies listed on exchanges in the United States, such as Fanhua, Inc. (FANH), an independent insurance agency serving China consumers. Such setups do not always fit neatly into the valuation practices taught in the investment banking orientation class. Nonetheless, we want to answer the question: Are the shares of Fanhua fairly priced?
Fanhua, like most foreign companies, was attracted to the U.S. by cheaper cost of capital. Additionally there