ENOVA INTERNATIONAL INC (ENVA) Stock Fundamental Analysis
NYSE:ENVA - New York Stock Exchange, Inc. - US29357K1034 - Common Stock - Currency: USD
Taking everything into account, ENVA scores 7 out of 10 in our fundamental rating. ENVA was compared to 53 industry peers in the Consumer Finance industry. Both the health and profitability get an excellent rating, making ENVA a very profitable company, without any liquidiy or solvency issues. ENVA is growing strongly while it also seems undervalued. This is an interesting combination This makes ENVA very considerable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year ENVA was profitable.
ENVA had a positive operating cash flow in the past year.
In the past 5 years ENVA has always been profitable.
ENVA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.63%, ENVA is doing good in the industry, outperforming 76.92% of the companies in the same industry.
With a decent Return On Equity value of 15.32%, ENVA is doing good in the industry, outperforming 69.23% of the companies in the same industry.
ENVA's Return On Invested Capital of 8.62% is amongst the best of the industry. ENVA outperforms 84.62% of its industry peers.
ENVA had an Average Return On Invested Capital over the past 3 years of 8.27%. This is in line with the industry average of 7.30%.
The last Return On Invested Capital (8.62%) for ENVA is above the 3 year average (8.27%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.63% | ||
| ROE | 15.32% | ||
| ROIC | 8.62% |
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 better Profit Margin (12.52%) than 63.46% of its industry peers.
ENVA's Profit Margin has improved in the last couple of years.
ENVA's Operating Margin of 36.57% is amongst the best of the industry. ENVA outperforms 96.15% of its industry peers.
ENVA's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.57% | ||
| PM (TTM) | 12.52% | ||
| 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
ENVA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ENVA has less shares outstanding than it did 1 year ago.
The number of shares outstanding for ENVA has been reduced compared to 5 years ago.
ENVA has a worse debt/assets ratio than last year.
2.2 Solvency
ENVA has an Altman-Z score of 2.55. This is not the best score and indicates that ENVA is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.55, ENVA belongs to the top of the industry, outperforming 80.77% of the companies in the same industry.
ENVA has a debt to FCF ratio of 2.39. This is a good value and a sign of high solvency as ENVA would need 2.39 years to pay back of all of its debts.
ENVA has a better Debt to FCF ratio (2.39) than 75.00% of its industry peers.
ENVA has a Debt/Equity ratio of 2.79. This is a high value indicating a heavy dependency on external financing.
ENVA's Debt to Equity ratio of 2.79 is in line compared to the rest of the industry. ENVA outperforms 48.08% of its industry peers.
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 | 2.79 | ||
| Debt/FCF | 2.39 | ||
| Altman-Z | 2.55 |
ROIC/WACC1.04
WACC8.26%
2.3 Liquidity
ENVA has a Current Ratio of 17.43. This indicates that ENVA is financially healthy and has no problem in meeting its short term obligations.
ENVA has a better Current ratio (17.43) than 98.08% of its industry peers.
ENVA has a Quick Ratio of 17.43. This indicates that ENVA is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 17.43, ENVA belongs to the top of the industry, outperforming 98.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 17.43 | ||
| Quick Ratio | 17.43 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 34.21% over the past year.
ENVA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.61% yearly.
Looking at the last year, ENVA shows a very strong growth in Revenue. The Revenue has grown by 24.35%.
Measured over the past years, ENVA shows a small growth in Revenue. The Revenue has been growing by 5.42% on average per year.
EPS 1Y (TTM)34.21%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%42.62%
Revenue 1Y (TTM)24.35%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%-29.23%
3.2 Future
ENVA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.28% yearly.
The Revenue is expected to grow by 16.11% on average over the next years. This is quite good.
EPS Next Y27.57%
EPS Next 2Y22.93%
EPS Next 3Y20.28%
EPS Next 5YN/A
Revenue Next Year16.6%
Revenue Next 2Y14.82%
Revenue Next 3Y16.11%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ENVA is valuated reasonably with a Price/Earnings ratio of 11.19.
Based on the Price/Earnings ratio, ENVA is valued a bit cheaper than 63.46% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.63, ENVA is valued rather cheaply.
ENVA is valuated reasonably with a Price/Forward Earnings ratio of 8.77.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENVA indicates a somewhat cheap valuation: ENVA is cheaper than 69.23% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.68. ENVA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.19 | ||
| Fwd PE | 8.77 |
4.2 Price Multiples
ENVA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENVA is cheaper than 76.92% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENVA indicates a rather cheap valuation: ENVA is cheaper than 80.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.93 | ||
| EV/EBITDA | 10.38 |
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.
The decent profitability rating of ENVA may justify a higher PE ratio.
ENVA's earnings are expected to grow with 20.28% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.41
PEG (5Y)0.57
EPS Next 2Y22.93%
EPS Next 3Y20.28%
5. Dividend
5.1 Amount
No dividends for ENVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
102.75
-2.93 (-2.77%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners94.64%
Inst Owner Change127.7%
Ins Owners3.79%
Ins Owner Change-3.82%
Market Cap2.65B
Analysts83.08
Price Target132.16 (28.62%)
Short Float %7.58%
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)4.22%
Min EPS beat(2)3.97%
Max EPS beat(2)4.47%
EPS beat(4)4
Avg EPS beat(4)6.35%
Min EPS beat(4)3.97%
Max EPS beat(4)9.11%
EPS beat(8)7
Avg EPS beat(8)1.96%
EPS beat(12)11
Avg EPS beat(12)5.27%
EPS beat(16)15
Avg EPS beat(16)19.61%
Revenue beat(2)1
Avg Revenue beat(2)0.21%
Min Revenue beat(2)-1.09%
Max Revenue beat(2)1.51%
Revenue beat(4)2
Avg Revenue beat(4)0.08%
Min Revenue beat(4)-2.42%
Max Revenue beat(4)2.31%
Revenue beat(8)4
Avg Revenue beat(8)-10.22%
Revenue beat(12)4
Avg Revenue beat(12)-17.06%
Revenue beat(16)4
Avg Revenue beat(16)-15.2%
PT rev (1m)21.91%
PT rev (3m)25.28%
EPS NQ rev (1m)-0.22%
EPS NQ rev (3m)-0.22%
EPS NY rev (1m)5.68%
EPS NY rev (3m)5.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.5%
Revenue NY rev (3m)-1.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.19 | ||
| Fwd PE | 8.77 | ||
| P/S | 1.84 | ||
| P/FCF | 1.93 | ||
| P/OCF | 1.86 | ||
| P/B | 2.25 | ||
| P/tB | 2.99 | ||
| EV/EBITDA | 10.38 |
EPS(TTM)9.18
EY8.93%
EPS(NY)11.71
Fwd EY11.4%
FCF(TTM)53.36
FCFY51.93%
OCF(TTM)55.11
OCFY53.63%
SpS55.85
BVpS45.67
TBVpS34.35
PEG (NY)0.41
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.63% | ||
| ROE | 15.32% | ||
| ROCE | 11.18% | ||
| ROIC | 8.62% | ||
| ROICexc | 8.75% | ||
| ROICexgc | 9.34% | ||
| OM | 36.57% | ||
| PM (TTM) | 12.52% | ||
| GM | N/A | ||
| FCFM | 95.55% |
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-Score6
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.79 | ||
| Debt/FCF | 2.39 | ||
| Debt/EBITDA | 5.82 | ||
| Cap/Depr | 115.4% | ||
| Cap/Sales | 3.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 251.22% | ||
| Profit Quality | 762.93% | ||
| Current Ratio | 17.43 | ||
| Quick Ratio | 17.43 | ||
| Altman-Z | 2.55 |
F-Score6
WACC8.26%
ROIC/WACC1.04
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)34.21%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%42.62%
EPS Next Y27.57%
EPS Next 2Y22.93%
EPS Next 3Y20.28%
EPS Next 5YN/A
Revenue 1Y (TTM)24.35%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%-29.23%
Revenue Next Year16.6%
Revenue Next 2Y14.82%
Revenue Next 3Y16.11%
Revenue Next 5YN/A
EBIT growth 1Y22.67%
EBIT growth 3Y12.28%
EBIT growth 5Y18.7%
EBIT Next Year28.78%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y27.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y26.8%
OCF growth 3YN/A
OCF growth 5YN/A