GOEASY LTD (GSY.CA) Stock Fundamental Analysis
TSX:GSY - Toronto Stock Exchange - CA3803551074 - Common Stock - Currency: CAD
GSY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 6 industry peers in the Consumer Finance industry. While GSY has a great profitability rating, there are quite some concerns on its financial health. GSY has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! GSY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GSY had positive earnings in the past year.
GSY had a negative operating cash flow in the past year.
In the past 5 years GSY has always been profitable.
In the past 5 years GSY reported 4 times negative operating cash flow.
1.2 Ratios
GSY has a Return On Assets of 5.45%. This is amongst the best in the industry. GSY outperforms 85.71% of its industry peers.
GSY has a better Return On Equity (23.57%) than 85.71% of its industry peers.
GSY's Return On Invested Capital of 9.09% is amongst the best of the industry. GSY outperforms 85.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GSY is below the industry average of 11.04%.
The last Return On Invested Capital (9.09%) for GSY is above the 3 year average (8.63%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 23.57% | ||
| ROIC | 9.09% |
ROA(3y)5.22%
ROA(5y)6.83%
ROE(3y)21.07%
ROE(5y)25%
ROIC(3y)8.63%
ROIC(5y)9.07%
1.3 Margins
GSY's Profit Margin of 18.59% is amongst the best of the industry. GSY outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of GSY has grown nicely.
GSY's Operating Margin of 40.02% is amongst the best of the industry. GSY outperforms 85.71% of its industry peers.
GSY's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.02% | ||
| PM (TTM) | 18.59% | ||
| GM | N/A |
OM growth 3Y5.6%
OM growth 5Y7.64%
PM growth 3Y-14.4%
PM growth 5Y11.99%
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), GSY is creating some value.
Compared to 1 year ago, GSY has about the same amount of shares outstanding.
GSY has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GSY has a worse debt to assets ratio.
2.2 Solvency
GSY has an Altman-Z score of 1.29. This is a bad value and indicates that GSY is not financially healthy and even has some risk of bankruptcy.
GSY's Altman-Z score of 1.29 is fine compared to the rest of the industry. GSY outperforms 71.43% of its industry peers.
GSY has a Debt/Equity ratio of 3.07. This is a high value indicating a heavy dependency on external financing.
GSY's Debt to Equity ratio of 3.07 is on the low side compared to the rest of the industry. GSY is outperformed by 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.29 |
ROIC/WACC1.3
WACC6.99%
2.3 Liquidity
GSY has a Current Ratio of 1.02. This is a normal value and indicates that GSY is financially healthy and should not expect problems in meeting its short term obligations.
GSY has a Current ratio of 1.02. This is comparable to the rest of the industry: GSY outperforms 57.14% of its industry peers.
A Quick Ratio of 1.02 indicates that GSY should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.02, GSY is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.43% over the past year.
GSY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 32.51% yearly.
Looking at the last year, GSY shows a very strong growth in Revenue. The Revenue has grown by 21.86%.
The Revenue has been growing by 20.11% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)12.43%
EPS 3Y3.7%
EPS 5Y32.51%
EPS Q2Q%-2.32%
Revenue 1Y (TTM)21.86%
Revenue growth 3Y22.6%
Revenue growth 5Y20.11%
Sales Q2Q%13.45%
3.2 Future
Based on estimates for the next years, GSY will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.85% on average per year.
Based on estimates for the next years, GSY will show a quite strong growth in Revenue. The Revenue will grow by 13.05% on average per year.
EPS Next Y19.68%
EPS Next 2Y17.85%
EPS Next 3Y17.85%
EPS Next 5YN/A
Revenue Next Year12.77%
Revenue Next 2Y12.8%
Revenue Next 3Y13.05%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.65, which indicates a very decent valuation of GSY.
Based on the Price/Earnings ratio, GSY is valued cheaper than 100.00% of the companies in the same industry.
GSY's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
The Price/Forward Earnings ratio is 7.82, which indicates a rather cheap valuation of GSY.
71.43% of the companies in the same industry are more expensive than GSY, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of GSY to the average of the S&P500 Index (22.10), we can say GSY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.65 | ||
| Fwd PE | 7.82 |
4.2 Price Multiples
85.71% of the companies in the same industry are more expensive than GSY, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.67 |
4.3 Compensation for Growth
GSY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GSY has a very decent profitability rating, which may justify a higher PE ratio.
GSY's earnings are expected to grow with 17.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.49
PEG (5Y)0.3
EPS Next 2Y17.85%
EPS Next 3Y17.85%
5. Dividend
5.1 Amount
GSY has a Yearly Dividend Yield of 3.70%.
Compared to an average industry Dividend Yield of 3.10, GSY pays a better dividend. On top of this GSY pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, GSY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.7% |
5.2 History
On average, the dividend of GSY grows each year by 30.32%, which is quite nice.
GSY has paid a dividend for at least 10 years, which is a reliable track record.
GSY has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)30.32%
Div Incr Years10
Div Non Decr Years20
5.3 Sustainability
GSY pays out 25.70% of its income as dividend. This is a sustainable payout ratio.
The dividend of GSY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP25.7%
EPS Next 2Y17.85%
EPS Next 3Y17.85%
TSX:GSY (3/7/2025, 7:00:00 PM)
157.09
-0.67 (-0.42%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners19.04%
Inst Owner ChangeN/A
Ins Owners22.68%
Ins Owner ChangeN/A
Market Cap2.60B
Analysts78.46
Price Target244.69 (55.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.7% |
Yearly Dividend4.37
Dividend Growth(5Y)30.32%
DP25.7%
Div Incr Years10
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.02%
Min Revenue beat(2)-0.13%
Max Revenue beat(2)0.18%
Revenue beat(4)3
Avg Revenue beat(4)0.31%
Min Revenue beat(4)-0.13%
Max Revenue beat(4)0.67%
Revenue beat(8)6
Avg Revenue beat(8)0.76%
Revenue beat(12)7
Avg Revenue beat(12)0.3%
Revenue beat(16)9
Avg Revenue beat(16)0.15%
PT rev (1m)1.36%
PT rev (3m)1.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.07%
EPS NY rev (1m)-0.88%
EPS NY rev (3m)-0.77%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.31%
Revenue NY rev (3m)-1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.65 | ||
| Fwd PE | 7.82 | ||
| P/S | 1.7 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.16 | ||
| P/tB | 2.86 | ||
| EV/EBITDA | 8.67 |
EPS(TTM)16.28
EY10.36%
EPS(NY)20.08
Fwd EY12.78%
FCF(TTM)-29.56
FCFYN/A
OCF(TTM)-28.4
OCFYN/A
SpS92.15
BVpS72.66
TBVpS55
PEG (NY)0.49
PEG (5Y)0.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 23.57% | ||
| ROCE | 12.45% | ||
| ROIC | 9.09% | ||
| ROICexc | 9.58% | ||
| ROICexgc | 10.42% | ||
| OM | 40.02% | ||
| PM (TTM) | 18.59% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)5.22%
ROA(5y)6.83%
ROE(3y)21.07%
ROE(5y)25%
ROIC(3y)8.63%
ROIC(5y)9.07%
ROICexc(3y)8.96%
ROICexc(5y)9.5%
ROICexgc(3y)9.91%
ROICexgc(5y)10.5%
ROCE(3y)12.17%
ROCE(5y)13.1%
ROICexcg growth 3Y0.49%
ROICexcg growth 5Y-0.64%
ROICexc growth 3Y3.4%
ROICexc growth 5Y-1.31%
OM growth 3Y5.6%
OM growth 5Y7.64%
PM growth 3Y-14.4%
PM growth 5Y11.99%
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.32 | ||
| Cap/Depr | 22.84% | ||
| Cap/Sales | 1.26% | ||
| Interest Coverage | 3.13 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 1.29 |
F-Score3
WACC6.99%
ROIC/WACC1.3
Cap/Depr(3y)25.75%
Cap/Depr(5y)31.27%
Cap/Sales(3y)1.79%
Cap/Sales(5y)2.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.43%
EPS 3Y3.7%
EPS 5Y32.51%
EPS Q2Q%-2.32%
EPS Next Y19.68%
EPS Next 2Y17.85%
EPS Next 3Y17.85%
EPS Next 5YN/A
Revenue 1Y (TTM)21.86%
Revenue growth 3Y22.6%
Revenue growth 5Y20.11%
Sales Q2Q%13.45%
Revenue Next Year12.77%
Revenue Next 2Y12.8%
Revenue Next 3Y13.05%
Revenue Next 5YN/A
EBIT growth 1Y27.94%
EBIT growth 3Y29.46%
EBIT growth 5Y29.28%
EBIT Next Year32.24%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y0.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y0.8%
OCF growth 3YN/A
OCF growth 5YN/A