ATLANTICUS HOLDINGS CORP (ATLC) Stock Fundamental Analysis
USA - NASDAQ:ATLC - US04914Y1029 - Common Stock
55.65 USD
+0.68 (+1.24%)
55.65 USD
0 (0%)
ATLC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 55 industry peers in the Consumer Finance industry. ATLC has a medium profitability rating, but doesn't score so well on its financial health evaluation. ATLC is growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
In the past year ATLC was profitable.
In the past year ATLC had a positive cash flow from operations.
In the past 5 years ATLC has always been profitable.
Each year in the past 5 years ATLC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.90%, ATLC is in line with its industry, outperforming 60.00% of the companies in the same industry.
ATLC has a better Return On Equity (17.54%) than 65.45% of its industry peers.
The Return On Invested Capital of ATLC (3.72%) is comparable to the rest of the industry.
ATLC had an Average Return On Invested Capital over the past 3 years of 4.28%. This is significantly below the industry average of 10.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.9% | ||
| ROE | 17.54% | ||
| ROIC | 3.72% |
ROA(3y)3.39%
ROA(5y)4.91%
ROE(3y)17.73%
ROE(5y)25.03%
ROIC(3y)4.28%
ROIC(5y)6.32%
1.3 Margins
ATLC's Profit Margin of 16.01% is fine compared to the rest of the industry. ATLC outperforms 65.45% of its industry peers.
ATLC's Profit Margin has improved in the last couple of years.
The Operating Margin of ATLC (23.93%) is better than 74.55% of its industry peers.
ATLC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 51.81%, ATLC is in line with its industry, outperforming 50.91% of the companies in the same industry.
In the last couple of years the Gross Margin of ATLC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.93% | ||
| PM (TTM) | 16.01% | ||
| GM | 51.81% |
OM growth 3Y-20.12%
OM growth 5Y21.12%
PM growth 3Y-19.87%
PM growth 5Y15.61%
GM growth 3Y-11.81%
GM growth 5Y-6.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ATLC is destroying value.
The number of shares outstanding for ATLC has been increased compared to 1 year ago.
ATLC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ATLC has a worse debt to assets ratio.
2.2 Solvency
ATLC has an Altman-Z score of 0.70. This is a bad value and indicates that ATLC is not financially healthy and even has some risk of bankruptcy.
ATLC has a Altman-Z score (0.70) which is in line with its industry peers.
The Debt to FCF ratio of ATLC is 5.63, which is a neutral value as it means it would take ATLC, 5.63 years of fcf income to pay off all of its debts.
ATLC's Debt to FCF ratio of 5.63 is fine compared to the rest of the industry. ATLC outperforms 67.27% of its industry peers.
ATLC has a Debt/Equity ratio of 4.60. This is a high value indicating a heavy dependency on external financing.
ATLC has a worse Debt to Equity ratio (4.60) than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.6 | ||
| Debt/FCF | 5.63 | ||
| Altman-Z | 0.7 |
ROIC/WACC0.47
WACC8%
2.3 Liquidity
A Current Ratio of 1.39 indicates that ATLC should not have too much problems paying its short term obligations.
The Current ratio of ATLC (1.39) is comparable to the rest of the industry.
ATLC has a Quick Ratio of 1.39. This is a normal value and indicates that ATLC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.39, ATLC is in line with its industry, outperforming 58.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
ATLC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.45%, which is quite impressive.
Measured over the past years, ATLC shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.82% on average per year.
ATLC shows a strong growth in Revenue. In the last year, the Revenue has grown by 31.28%.
The Revenue has been growing by 10.83% on average over the past years. This is quite good.
EPS 1Y (TTM)36.45%
EPS 3Y-14.56%
EPS 5Y22.82%
EPS Q2Q%52.53%
Revenue 1Y (TTM)31.28%
Revenue growth 3Y2.98%
Revenue growth 5Y10.83%
Sales Q2Q%24.73%
3.2 Future
Based on estimates for the next years, ATLC will show a very strong growth in Earnings Per Share. The EPS will grow by 40.50% on average per year.
ATLC is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 30.03% yearly.
EPS Next Y30.41%
EPS Next 2Y32.49%
EPS Next 3Y40.5%
EPS Next 5YN/A
Revenue Next Year27.56%
Revenue Next 2Y22.7%
Revenue Next 3Y30.03%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.78 indicates a reasonable valuation of ATLC.
61.82% of the companies in the same industry are more expensive than ATLC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of ATLC to the average of the S&P500 Index (27.77), we can say ATLC is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.65, the valuation of ATLC can be described as very cheap.
Based on the Price/Forward Earnings ratio, ATLC is valued a bit cheaper than 76.36% of the companies in the same industry.
ATLC is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.23, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 6.65 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ATLC.
85.45% of the companies in the same industry are more expensive than ATLC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.71 | ||
| EV/EBITDA | 19.96 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ATLC has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ATLC's earnings are expected to grow with 40.50% in the coming years.
PEG (NY)0.32
PEG (5Y)0.43
EPS Next 2Y32.49%
EPS Next 3Y40.5%
5. Dividend
5.1 Amount
No dividends for ATLC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
55.65
+0.68 (+1.24%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners21.89%
Inst Owner Change0.08%
Ins Owners37.6%
Ins Owner Change-0.16%
Market Cap841.98M
Analysts85
Price Target86.19 (54.88%)
Short Float %6.01%
Short Ratio5.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend1.74
Dividend Growth(5Y)29.87%
DP19.91%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.54%
Min EPS beat(2)-1.55%
Max EPS beat(2)20.63%
EPS beat(4)3
Avg EPS beat(4)7.37%
Min EPS beat(4)-1.55%
Max EPS beat(4)20.63%
EPS beat(8)6
Avg EPS beat(8)6.18%
EPS beat(12)9
Avg EPS beat(12)5.62%
EPS beat(16)10
Avg EPS beat(16)7.59%
Revenue beat(2)1
Avg Revenue beat(2)2.77%
Min Revenue beat(2)-2.55%
Max Revenue beat(2)8.09%
Revenue beat(4)2
Avg Revenue beat(4)2.14%
Min Revenue beat(4)-2.55%
Max Revenue beat(4)8.09%
Revenue beat(8)2
Avg Revenue beat(8)-0.66%
Revenue beat(12)3
Avg Revenue beat(12)-11%
Revenue beat(16)3
Avg Revenue beat(16)-17.82%
PT rev (1m)16.82%
PT rev (3m)24%
EPS NQ rev (1m)3.65%
EPS NQ rev (3m)14.28%
EPS NY rev (1m)0.47%
EPS NY rev (3m)3.94%
Revenue NQ rev (1m)19.84%
Revenue NQ rev (3m)29.24%
Revenue NY rev (1m)8.51%
Revenue NY rev (3m)14.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 6.65 | ||
| P/S | 1.27 | ||
| P/FCF | 1.71 | ||
| P/OCF | 1.69 | ||
| P/B | 1.4 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | 19.96 |
EPS(TTM)5.69
EY10.22%
EPS(NY)8.37
Fwd EY15.05%
FCF(TTM)32.57
FCFY58.52%
OCF(TTM)33
OCFY59.29%
SpS43.68
BVpS39.88
TBVpS39.88
PEG (NY)0.32
PEG (5Y)0.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.9% | ||
| ROE | 17.54% | ||
| ROCE | 4.69% | ||
| ROIC | 3.72% | ||
| ROICexc | 4.12% | ||
| ROICexgc | 4.12% | ||
| OM | 23.93% | ||
| PM (TTM) | 16.01% | ||
| GM | 51.81% | ||
| FCFM | 74.56% |
ROA(3y)3.39%
ROA(5y)4.91%
ROE(3y)17.73%
ROE(5y)25.03%
ROIC(3y)4.28%
ROIC(5y)6.32%
ROICexc(3y)5.02%
ROICexc(5y)7.67%
ROICexgc(3y)5.02%
ROICexgc(5y)7.67%
ROCE(3y)5.4%
ROCE(5y)7.96%
ROICexcg growth 3Y-33.18%
ROICexcg growth 5Y3.48%
ROICexc growth 3Y-33.18%
ROICexc growth 5Y3.48%
OM growth 3Y-20.12%
OM growth 5Y21.12%
PM growth 3Y-19.87%
PM growth 5Y15.61%
GM growth 3Y-11.81%
GM growth 5Y-6.11%
F-Score6
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.6 | ||
| Debt/FCF | 5.63 | ||
| Debt/EBITDA | 16.9 | ||
| Cap/Depr | 108.54% | ||
| Cap/Sales | 0.98% | ||
| Interest Coverage | 0.93 | ||
| Cash Conversion | 304.15% | ||
| Profit Quality | 465.67% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | 0.7 |
F-Score6
WACC8%
ROIC/WACC0.47
Cap/Depr(3y)78.44%
Cap/Depr(5y)105.61%
Cap/Sales(3y)0.74%
Cap/Sales(5y)0.74%
Profit Quality(3y)476.8%
Profit Quality(5y)367.48%
High Growth Momentum
Growth
EPS 1Y (TTM)36.45%
EPS 3Y-14.56%
EPS 5Y22.82%
EPS Q2Q%52.53%
EPS Next Y30.41%
EPS Next 2Y32.49%
EPS Next 3Y40.5%
EPS Next 5YN/A
Revenue 1Y (TTM)31.28%
Revenue growth 3Y2.98%
Revenue growth 5Y10.83%
Sales Q2Q%24.73%
Revenue Next Year27.56%
Revenue Next 2Y22.7%
Revenue Next 3Y30.03%
Revenue Next 5YN/A
EBIT growth 1Y27.63%
EBIT growth 3Y-17.74%
EBIT growth 5Y34.23%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y24.68%
FCF growth 3Y31.57%
FCF growth 5Y36.22%
OCF growth 1Y23.79%
OCF growth 3Y30.26%
OCF growth 5Y36.24%