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. ENVA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ENVA has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings would make ENVA suitable 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.
Each year in the past 5 years ENVA has been profitable.
ENVA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENVA's Return On Assets of 3.98% is fine compared to the rest of the industry. ENVA outperforms 75.47% of its industry peers.
Looking at the Return On Equity, with a value of 17.50%, ENVA is in the better half of the industry, outperforming 71.70% of the companies in the same industry.
ENVA's Return On Invested Capital of 8.99% is amongst the best of the industry. ENVA outperforms 81.13% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENVA is in line with the industry average of 8.61%.
The last Return On Invested Capital (8.99%) for ENVA is above the 3 year average (8.27%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.98% | ||
| ROE | 17.5% | ||
| ROIC | 8.99% |
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 13.69%. This is comparable to the rest of the industry: ENVA outperforms 56.60% of its industry peers.
In the last couple of years the Profit Margin of ENVA has grown nicely.
Looking at the Operating Margin, with a value of 38.23%, ENVA belongs to the top of the industry, outperforming 96.23% of the companies in the same industry.
ENVA's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.23% | ||
| PM (TTM) | 13.69% | ||
| 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.
Compared to 1 year ago, ENVA has less shares outstanding
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 2.49. 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.
ENVA has a better Altman-Z score (2.49) than 77.36% of its industry peers.
The Debt to FCF ratio of ENVA is 2.38, which is a good value as it means it would take ENVA, 2.38 years of fcf income to pay off all of its debts.
ENVA has a Debt to FCF ratio of 2.38. This is in the better half of the industry: ENVA outperforms 77.36% of its industry peers.
A Debt/Equity ratio of 2.98 is on the high side and indicates that ENVA has dependencies on debt financing.
ENVA has a Debt to Equity ratio (2.98) which is comparable to the rest of the industry.
Although ENVA does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.98 | ||
| Debt/FCF | 2.38 | ||
| Altman-Z | 2.49 |
ROIC/WACC1.03
WACC8.75%
2.3 Liquidity
ENVA has a Current Ratio of 19.26. This indicates that ENVA is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 19.26, ENVA belongs to the best of the industry, outperforming 98.11% of the companies in the same industry.
ENVA has a Quick Ratio of 19.26. This indicates that ENVA is financially healthy and has no problem in meeting its short term obligations.
ENVA's Quick ratio of 19.26 is amongst the best of the industry. ENVA outperforms 98.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 19.26 | ||
| Quick Ratio | 19.26 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 34.21% over the past year.
The Earnings Per Share has been growing by 19.61% on average over the past years. This is quite good.
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%25.01%
3.2 Future
The Earnings Per Share is expected to grow by 20.28% on average over the next years. This is a very strong growth
Based on estimates for the next years, ENVA will show a quite strong growth in Revenue. The Revenue will grow by 16.11% on average per year.
EPS Next Y27.83%
EPS Next 2Y23.16%
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
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.
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
The Price/Earnings ratio is 9.70, which indicates a very decent valuation of ENVA.
ENVA's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of ENVA to the average of the S&P500 Index (27.63), we can say ENVA is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.59, the valuation of ENVA can be described as very cheap.
67.92% of the companies in the same industry are more expensive than ENVA, based on the Price/Forward Earnings ratio.
ENVA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 7.59 |
4.2 Price Multiples
ENVA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ENVA is cheaper than 81.13% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ENVA is valued cheaper than 86.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.53 | ||
| EV/EBITDA | 9.32 |
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 20.28% in the coming years.
PEG (NY)0.35
PEG (5Y)0.49
EPS Next 2Y23.16%
EPS Next 3Y20.28%
5. Dividend
5.1 Amount
No dividends for ENVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
89.04
-2.26 (-2.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners94.64%
Inst Owner Change0.3%
Ins Owners3.79%
Ins Owner Change-3.12%
Market Cap2.28B
Analysts83.08
Price Target132.16 (48.43%)
Short Float %6.58%
Short Ratio6.74
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)8.46%
Min EPS beat(2)3.97%
Max EPS beat(2)12.95%
EPS beat(4)4
Avg EPS beat(4)7.62%
Min EPS beat(4)3.97%
Max EPS beat(4)12.95%
EPS beat(8)7
Avg EPS beat(8)3.45%
EPS beat(12)11
Avg EPS beat(12)3.53%
EPS beat(16)15
Avg EPS beat(16)15.08%
Revenue beat(2)1
Avg Revenue beat(2)-0.26%
Min Revenue beat(2)-2.03%
Max Revenue beat(2)1.51%
Revenue beat(4)2
Avg Revenue beat(4)0.18%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)2.31%
Revenue beat(8)4
Avg Revenue beat(8)-5.29%
Revenue beat(12)4
Avg Revenue beat(12)-15.48%
Revenue beat(16)4
Avg Revenue beat(16)-15.04%
PT rev (1m)0%
PT rev (3m)21.91%
EPS NQ rev (1m)0.12%
EPS NQ rev (3m)14.61%
EPS NY rev (1m)0.2%
EPS NY rev (3m)5.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 7.59 | ||
| P/S | 1.49 | ||
| P/FCF | 1.53 | ||
| P/OCF | 1.48 | ||
| P/B | 1.91 | ||
| P/tB | 2.51 | ||
| EV/EBITDA | 9.32 |
EPS(TTM)9.18
EY10.31%
EPS(NY)11.74
Fwd EY13.18%
FCF(TTM)58.38
FCFY65.57%
OCF(TTM)60.08
OCFY67.47%
SpS59.72
BVpS46.74
TBVpS35.4
PEG (NY)0.35
PEG (5Y)0.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.98% | ||
| ROE | 17.5% | ||
| ROCE | 11.66% | ||
| ROIC | 8.99% | ||
| ROICexc | 9.13% | ||
| ROICexgc | 9.7% | ||
| OM | 38.23% | ||
| PM (TTM) | 13.69% | ||
| GM | N/A | ||
| FCFM | 97.76% |
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-Score7
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.98 | ||
| Debt/FCF | 2.38 | ||
| Debt/EBITDA | 5.7 | ||
| Cap/Depr | 108% | ||
| Cap/Sales | 2.84% | ||
| Interest Coverage | 2.13 | ||
| Cash Conversion | 246.19% | ||
| Profit Quality | 713.85% | ||
| Current Ratio | 19.26 | ||
| Quick Ratio | 19.26 | ||
| Altman-Z | 2.49 |
F-Score7
WACC8.75%
ROIC/WACC1.03
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)34.21%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%42.62%
EPS Next Y27.83%
EPS Next 2Y23.16%
EPS Next 3Y20.28%
EPS Next 5YN/A
Revenue 1Y (TTM)24.35%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%25.01%
Revenue Next Year16.6%
Revenue Next 2Y14.82%
Revenue Next 3Y16.11%
Revenue Next 5YN/A
EBIT growth 1Y38.56%
EBIT growth 3Y12.28%
EBIT growth 5Y18.7%
EBIT Next Year30.69%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y33.3%
FCF growth 3Y50.09%
FCF growth 5Y11.81%
OCF growth 1Y31.86%
OCF growth 3Y48.28%
OCF growth 5Y11.93%