ENOVA INTERNATIONAL INC (ENVA) Stock Fundamental Analysis
USA - NYSE:ENVA - US29357K1034 - Common Stock
126.02 USD
-0.83 (-0.65%)
126.02 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to ENVA. ENVA was compared to 54 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. An interesting combination arises when we look at growth and value: ENVA is growing strongly while it also seems undervalued. These ratings could make ENVA a good candidate for value and growth and quality investing.
1. Profitability
1.1 Basic Checks
ENVA had positive earnings in the past year.
ENVA had a positive operating cash flow in the past year.
ENVA had positive earnings in each of the past 5 years.
In the past 5 years ENVA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.48%, ENVA is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
ENVA has a Return On Equity of 20.85%. This is amongst the best in the industry. ENVA outperforms 83.33% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.38%, ENVA is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ENVA is below the industry average of 11.02%.
The last Return On Invested Capital (9.38%) for ENVA is above the 3 year average (8.27%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.48% | ||
| ROE | 20.85% | ||
| ROIC | 9.38% |
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
Looking at the Profit Margin, with a value of 15.24%, ENVA is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
In the last couple of years the Profit Margin of ENVA has grown nicely.
ENVA has a better Operating Margin (39.55%) than 92.59% of its industry peers.
In the last couple of years the Operating Margin of ENVA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.55% | ||
| PM (TTM) | 15.24% | ||
| 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 below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ENVA has been reduced compared to 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
An Altman-Z score of 2.60 indicates that ENVA is not a great score, but indicates only limited risk for bankruptcy at the moment.
ENVA has a Altman-Z score of 2.60. This is in the better half of the industry: ENVA outperforms 79.63% of its industry peers.
The Debt to FCF ratio of ENVA is 2.44, which is a good value as it means it would take ENVA, 2.44 years of fcf income to pay off all of its debts.
ENVA's Debt to FCF ratio of 2.44 is amongst the best of the industry. ENVA outperforms 81.48% of its industry peers.
ENVA has a Debt/Equity ratio of 3.23. This is a high value indicating a heavy dependency on external financing.
ENVA's Debt to Equity ratio of 3.23 is in line compared to the rest of the industry. ENVA outperforms 42.59% 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 | 3.23 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.85
WACC11.04%
2.3 Liquidity
A Current Ratio of 20.45 indicates that ENVA has no problem at all paying its short term obligations.
The Current ratio of ENVA (20.45) is better than 96.30% of its industry peers.
ENVA has a Quick Ratio of 20.45. This indicates that ENVA is financially healthy and has no problem in meeting its short term obligations.
ENVA has a Quick ratio of 20.45. This is amongst the best in the industry. ENVA outperforms 96.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 20.45 | ||
| Quick Ratio | 20.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 51.28% 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.
ENVA shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.54%.
ENVA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.42% yearly.
EPS 1Y (TTM)51.28%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%46.15%
Revenue 1Y (TTM)23.54%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%21.58%
3.2 Future
Based on estimates for the next years, ENVA will show a very strong growth in Earnings Per Share. The EPS will grow by 23.42% on average per year.
The Revenue is expected to grow by 18.32% on average over the next years. This is quite good.
EPS Next Y34.59%
EPS Next 2Y25.49%
EPS Next 3Y23.42%
EPS Next 5YN/A
Revenue Next Year19.66%
Revenue Next 2Y17.63%
Revenue Next 3Y18.32%
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
With a Price/Earnings ratio of 11.18, the valuation of ENVA can be described as very reasonable.
The rest of the industry has a similar Price/Earnings ratio as ENVA.
The average S&P500 Price/Earnings ratio is at 27.38. ENVA is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 8.72, which indicates a very decent valuation of ENVA.
Based on the Price/Forward Earnings ratio, ENVA is valued a bit cheaper than 62.96% of the companies in the same industry.
ENVA is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.18 | ||
| Fwd PE | 8.72 |
4.2 Price Multiples
72.22% of the companies in the same industry are more expensive than ENVA, based on the Enterprise Value to EBITDA ratio.
87.04% 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 | 1.94 | ||
| EV/EBITDA | 10.04 |
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.
A more expensive valuation may be justified as ENVA's earnings are expected to grow with 23.42% in the coming years.
PEG (NY)0.32
PEG (5Y)0.57
EPS Next 2Y25.49%
EPS Next 3Y23.42%
5. Dividend
5.1 Amount
No dividends for ENVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
126.02
-0.83 (-0.65%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners96.94%
Inst Owner Change2.26%
Ins Owners4.52%
Ins Owner Change0.44%
Market Cap3.15B
Analysts84.29
Price Target133.75 (6.13%)
Short Float %8.19%
Short Ratio6.39
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)6.03%
Min EPS beat(2)5.92%
Max EPS beat(2)6.14%
EPS beat(4)4
Avg EPS beat(4)7.24%
Min EPS beat(4)3.97%
Max EPS beat(4)12.95%
EPS beat(8)7
Avg EPS beat(8)3.01%
EPS beat(12)11
Avg EPS beat(12)3.73%
EPS beat(16)15
Avg EPS beat(16)7.53%
Revenue beat(2)0
Avg Revenue beat(2)-0.72%
Min Revenue beat(2)-0.99%
Max Revenue beat(2)-0.44%
Revenue beat(4)1
Avg Revenue beat(4)-0.49%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)1.51%
Revenue beat(8)3
Avg Revenue beat(8)-0.25%
Revenue beat(12)4
Avg Revenue beat(12)-10.02%
Revenue beat(16)4
Avg Revenue beat(16)-13.98%
PT rev (1m)0%
PT rev (3m)3.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.47%
EPS NY rev (1m)2.93%
EPS NY rev (3m)2.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)1.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.18 | ||
| Fwd PE | 8.72 | ||
| P/S | 1.87 | ||
| P/FCF | 1.94 | ||
| P/OCF | 1.89 | ||
| P/B | 2.57 | ||
| P/tB | 3.34 | ||
| EV/EBITDA | 10.04 |
EPS(TTM)11.27
EY8.94%
EPS(NY)14.46
Fwd EY11.47%
FCF(TTM)64.87
FCFY51.48%
OCF(TTM)66.68
OCFY52.91%
SpS67.21
BVpS49.13
TBVpS37.68
PEG (NY)0.32
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.48% | ||
| ROE | 20.85% | ||
| ROCE | 12.16% | ||
| ROIC | 9.38% | ||
| ROICexc | 9.48% | ||
| ROICexgc | 10.01% | ||
| OM | 39.55% | ||
| PM (TTM) | 15.24% | ||
| GM | N/A | ||
| FCFM | 96.51% |
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 | 3.23 | ||
| Debt/FCF | 2.44 | ||
| Debt/EBITDA | 5.62 | ||
| Cap/Depr | 111.23% | ||
| Cap/Sales | 2.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 236.35% | ||
| Profit Quality | 633.24% | ||
| Current Ratio | 20.45 | ||
| Quick Ratio | 20.45 | ||
| Altman-Z | 2.6 |
F-Score8
WACC11.04%
ROIC/WACC0.85
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)51.28%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%46.15%
EPS Next Y34.59%
EPS Next 2Y25.49%
EPS Next 3Y23.42%
EPS Next 5YN/A
Revenue 1Y (TTM)23.54%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%21.58%
Revenue Next Year19.66%
Revenue Next 2Y17.63%
Revenue Next 3Y18.32%
Revenue Next 5YN/A
EBIT growth 1Y39.37%
EBIT growth 3Y12.28%
EBIT growth 5Y18.7%
EBIT Next Year35.4%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y55.67%
FCF growth 3Y50.09%
FCF growth 5Y11.81%
OCF growth 1Y53.96%
OCF growth 3Y48.28%
OCF growth 5Y11.93%