ENOVA INTERNATIONAL INC (ENVA) Stock Fundamental Analysis
NYSE:ENVA - New York Stock Exchange, Inc. - US29357K1034 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to ENVA. ENVA was compared to 52 industry peers in the Consumer Finance industry. ENVA gets an excellent profitability rating and is at the same time showing great financial health properties. ENVA has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! This makes ENVA very considerable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
ENVA had positive earnings in the past year.
In the past year ENVA had a positive cash flow from operations.
ENVA had positive earnings in each of the past 5 years.
ENVA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENVA has a better Return On Assets (4.29%) than 75.00% of its industry peers.
ENVA has a Return On Equity of 19.55%. This is amongst the best in the industry. ENVA outperforms 80.77% of its industry peers.
With a decent Return On Invested Capital value of 9.25%, ENVA is doing good in the industry, outperforming 78.85% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENVA is below the industry average of 10.31%.
The last Return On Invested Capital (9.25%) for ENVA is above the 3 year average (8.27%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.29% | ||
| ROE | 19.55% | ||
| ROIC | 9.25% |
ROA(3y)4.43%
ROA(5y)8.1%
ROE(3y)16.37%
ROE(5y)22.75%
ROIC(3y)8.27%
ROIC(5y)10.19%
1.3 Margins
ENVA has a Profit Margin of 14.53%. This is in the better half of the industry: ENVA outperforms 67.31% of its industry peers.
ENVA's Profit Margin has improved in the last couple of years.
ENVA has a better Operating Margin (38.88%) than 94.23% of its industry peers.
In the last couple of years the Operating Margin of ENVA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.88% | ||
| PM (TTM) | 14.53% | ||
| GM | N/A |
OM growth 3Y-1.76%
OM growth 5Y12.6%
PM growth 3Y-18.2%
PM growth 5Y34.46%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ENVA is creating some value.
The number of shares outstanding for ENVA has been reduced compared to 1 year ago.
Compared to 5 years ago, ENVA has less shares outstanding
ENVA has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.59 indicates that ENVA is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.59, ENVA is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
The Debt to FCF ratio of ENVA is 2.45, which is a good value as it means it would take ENVA, 2.45 years of fcf income to pay off all of its debts.
ENVA's Debt to FCF ratio of 2.45 is fine compared to the rest of the industry. ENVA outperforms 78.85% of its industry peers.
ENVA has a Debt/Equity ratio of 3.14. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 3.14, ENVA is in line with its industry, outperforming 42.31% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for ENVA, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.14 | ||
| Debt/FCF | 2.45 | ||
| Altman-Z | 2.59 |
ROIC/WACC1
WACC9.23%
2.3 Liquidity
A Current Ratio of 21.07 indicates that ENVA has no problem at all paying its short term obligations.
With an excellent Current ratio value of 21.07, ENVA belongs to the best of the industry, outperforming 98.08% of the companies in the same industry.
A Quick Ratio of 21.07 indicates that ENVA has no problem at all paying its short term obligations.
ENVA's Quick ratio of 21.07 is amongst the best of the industry. ENVA outperforms 98.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 21.07 | ||
| Quick Ratio | 21.07 |
3. Growth
3.1 Past
ENVA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 47.27%, which is quite impressive.
The Earnings Per Share has been growing by 19.61% on average over the past years. This is quite good.
The Revenue has grown by 24.80% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 5.42% on average over the past years.
EPS 1Y (TTM)47.27%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%56.02%
Revenue 1Y (TTM)24.8%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%22.24%
3.2 Future
The Earnings Per Share is expected to grow by 19.89% on average over the next years. This is quite good.
ENVA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.55% yearly.
EPS Next Y30.75%
EPS Next 2Y23.71%
EPS Next 3Y19.89%
EPS Next 5YN/A
Revenue Next Year18.15%
Revenue Next 2Y15.54%
Revenue Next 3Y16.55%
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 stable.
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
Based on the Price/Earnings ratio of 11.20, the valuation of ENVA can be described as reasonable.
The rest of the industry has a similar Price/Earnings ratio as ENVA.
ENVA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
The Price/Forward Earnings ratio is 8.17, which indicates a very decent valuation of ENVA.
Based on the Price/Forward Earnings ratio, ENVA is valued a bit cheaper than the industry average as 63.46% of the companies are valued more expensively.
ENVA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.2 | ||
| Fwd PE | 8.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENVA is valued a bit cheaper than 73.08% of the companies in the same industry.
80.77% of the companies in the same industry are more expensive than ENVA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.9 | ||
| EV/EBITDA | 10.02 |
4.3 Compensation for Growth
ENVA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENVA has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ENVA's earnings are expected to grow with 19.89% in the coming years.
PEG (NY)0.36
PEG (5Y)0.57
EPS Next 2Y23.71%
EPS Next 3Y19.89%
5. Dividend
5.1 Amount
No dividends for ENVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
114.82
-2.38 (-2.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners95.17%
Inst Owner Change0%
Ins Owners4.47%
Ins Owner Change0.23%
Market Cap2.91B
Analysts84.29
Price Target129.03 (12.38%)
Short Float %8.85%
Short Ratio8.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.43%
Min EPS beat(2)5.92%
Max EPS beat(2)12.95%
EPS beat(4)4
Avg EPS beat(4)6.83%
Min EPS beat(4)3.97%
Max EPS beat(4)12.95%
EPS beat(8)7
Avg EPS beat(8)2.33%
EPS beat(12)11
Avg EPS beat(12)3.67%
EPS beat(16)15
Avg EPS beat(16)11.21%
Revenue beat(2)0
Avg Revenue beat(2)-1.23%
Min Revenue beat(2)-2.03%
Max Revenue beat(2)-0.44%
Revenue beat(4)1
Avg Revenue beat(4)-0.51%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)1.51%
Revenue beat(8)4
Avg Revenue beat(8)-0.04%
Revenue beat(12)4
Avg Revenue beat(12)-12.93%
Revenue beat(16)4
Avg Revenue beat(16)-14.26%
PT rev (1m)-0.28%
PT rev (3m)-2.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.65%
EPS NY rev (1m)0%
EPS NY rev (3m)2.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.87%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.2 | ||
| Fwd PE | 8.17 | ||
| P/S | 1.81 | ||
| P/FCF | 1.9 | ||
| P/OCF | 1.84 | ||
| P/B | 2.43 | ||
| P/tB | 3.21 | ||
| EV/EBITDA | 10.02 |
EPS(TTM)10.25
EY8.93%
EPS(NY)14.05
Fwd EY12.24%
FCF(TTM)60.55
FCFY52.73%
OCF(TTM)62.32
OCFY54.28%
SpS63.45
BVpS47.17
TBVpS35.81
PEG (NY)0.36
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.29% | ||
| ROE | 19.55% | ||
| ROCE | 11.99% | ||
| ROIC | 9.25% | ||
| ROICexc | 9.35% | ||
| ROICexgc | 9.9% | ||
| OM | 38.88% | ||
| PM (TTM) | 14.53% | ||
| GM | N/A | ||
| FCFM | 95.42% |
ROA(3y)4.43%
ROA(5y)8.1%
ROE(3y)16.37%
ROE(5y)22.75%
ROIC(3y)8.27%
ROIC(5y)10.19%
ROICexc(3y)8.42%
ROICexc(5y)10.94%
ROICexgc(3y)9.08%
ROICexgc(5y)12.42%
ROCE(3y)10.71%
ROCE(5y)13.21%
ROICexcg growth 3Y-13.52%
ROICexcg growth 5Y-10.29%
ROICexc growth 3Y-11.26%
ROICexc growth 5Y-7.56%
OM growth 3Y-1.76%
OM growth 5Y12.6%
PM growth 3Y-18.2%
PM growth 5Y34.46%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.14 | ||
| Debt/FCF | 2.45 | ||
| Debt/EBITDA | 5.64 | ||
| Cap/Depr | 112.67% | ||
| Cap/Sales | 2.8% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 237.46% | ||
| Profit Quality | 656.55% | ||
| Current Ratio | 21.07 | ||
| Quick Ratio | 21.07 | ||
| Altman-Z | 2.59 |
F-Score8
WACC9.23%
ROIC/WACC1
Cap/Depr(3y)114.91%
Cap/Depr(5y)115.67%
Cap/Sales(3y)3.47%
Cap/Sales(5y)3.53%
Profit Quality(3y)588.12%
Profit Quality(5y)425.04%
High Growth Momentum
Growth
EPS 1Y (TTM)47.27%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%56.02%
EPS Next Y30.75%
EPS Next 2Y23.71%
EPS Next 3Y19.89%
EPS Next 5YN/A
Revenue 1Y (TTM)24.8%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%22.24%
Revenue Next Year18.15%
Revenue Next 2Y15.54%
Revenue Next 3Y16.55%
Revenue Next 5YN/A
EBIT growth 1Y41.08%
EBIT growth 3Y12.28%
EBIT growth 5Y18.7%
EBIT Next Year33.05%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y56.97%
FCF growth 3Y50.09%
FCF growth 5Y11.81%
OCF growth 1Y54.64%
OCF growth 3Y48.28%
OCF growth 5Y11.93%