GOEASY LTD (GSY.CA) Stock Fundamental Analysis
TSX:GSY - Toronto Stock Exchange - CA3803551074 - Common Stock - Currency: CAD
GSY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 6 industry peers in the Consumer Finance industry. There are concerns on the financial health of GSY while its profitability can be described as average. GSY is growing strongly while it also seems undervalued. This is an interesting combination GSY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GSY had positive earnings in the past year.
In the past year GSY has reported a negative cash flow from operations.
GSY had positive earnings in each of the past 5 years.
In the past 5 years GSY reported 4 times negative operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 4.95%, GSY is doing good in the industry, outperforming 66.67% of the companies in the same industry.
The Return On Equity of GSY (22.87%) is better than 66.67% of its industry peers.
With an excellent Return On Invested Capital value of 8.90%, GSY belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GSY is in line with the industry average of 10.42%.
The 3 year average ROIC (8.63%) for GSY is below the current ROIC(8.90%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.95% | ||
| ROE | 22.87% | ||
| ROIC | 8.9% |
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
Looking at the Profit Margin, with a value of 16.92%, GSY belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
GSY's Profit Margin has improved in the last couple of years.
GSY has a better Operating Margin (39.60%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of GSY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.6% | ||
| PM (TTM) | 16.92% | ||
| 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
GSY has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for GSY remains at a similar level compared to 1 year ago.
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
Based on the Altman-Z score of 1.23, we must say that GSY is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of GSY (1.23) is better than 66.67% of its industry peers.
GSY has a Debt/Equity ratio of 3.39. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of GSY (3.39) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.23 |
ROIC/WACC1.19
WACC7.46%
2.3 Liquidity
A Current Ratio of 0.58 indicates that GSY may have some problems paying its short term obligations.
GSY has a Current ratio of 0.58. This is amonst the worse of the industry: GSY underperforms 83.33% of its industry peers.
A Quick Ratio of 0.58 indicates that GSY may have some problems paying its short term obligations.
The Quick ratio of GSY (0.58) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
GSY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.85%, which is quite good.
GSY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.43% yearly.
Looking at the last year, GSY shows a quite strong growth in Revenue. The Revenue has grown by 18.04% in the last year.
Measured over the past years, GSY shows a very strong growth in Revenue. The Revenue has been growing by 20.11% on average per year.
EPS 1Y (TTM)9.85%
EPS 3Y17.06%
EPS 5Y26.43%
EPS Q2Q%-7.83%
Revenue 1Y (TTM)18.04%
Revenue growth 3Y22.6%
Revenue growth 5Y20.11%
Sales Q2Q%10.72%
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 17.44% on average per year.
GSY is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.52% yearly.
EPS Next Y19.34%
EPS Next 2Y17.99%
EPS Next 3Y17.44%
EPS Next 5YN/A
Revenue Next Year11.66%
Revenue Next 2Y12.01%
Revenue Next 3Y12.52%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 10.35, which indicates a very decent valuation of GSY.
Compared to the rest of the industry, the Price/Earnings ratio of GSY indicates a rather cheap valuation: GSY is cheaper than 83.33% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.45. GSY is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.30, the valuation of GSY can be described as very cheap.
GSY's Price/Forward Earnings ratio is rather cheap when compared to the industry. GSY is cheaper than 83.33% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of GSY to the average of the S&P500 Index (21.90), we can say GSY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.35 | ||
| Fwd PE | 7.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GSY is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.01 |
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.
GSY has a very decent profitability rating, which may justify a higher PE ratio.
GSY's earnings are expected to grow with 17.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.54
PEG (5Y)0.39
EPS Next 2Y17.99%
EPS Next 3Y17.44%
5. Dividend
5.1 Amount
GSY has a Yearly Dividend Yield of 3.45%.
GSY's Dividend Yield is rather good when compared to the industry average which is at 2.69. GSY pays more dividend than 100.00% of the companies in the same industry.
GSY's Dividend Yield is a higher than the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
The dividend of GSY is nicely growing with an annual growth rate of 30.32%!
GSY has paid a dividend for at least 10 years, which is a reliable track record.
GSY has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)30.32%
Div Incr Years10
Div Non Decr Years20
5.3 Sustainability
28.91% of the earnings are spent on dividend by GSY. This is a low number and sustainable payout ratio.
The dividend of GSY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP28.91%
EPS Next 2Y17.99%
EPS Next 3Y17.44%
TSX:GSY (7/4/2025, 7:00:00 PM)
169.79
+0.4 (+0.24%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners17.63%
Inst Owner ChangeN/A
Ins Owners23.14%
Ins Owner ChangeN/A
Market Cap2.76B
Analysts80
Price Target216.81 (27.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend4.37
Dividend Growth(5Y)30.32%
DP28.91%
Div Incr Years10
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.36%
Min EPS beat(2)-18.42%
Max EPS beat(2)-0.31%
EPS beat(4)2
Avg EPS beat(4)-3.7%
Min EPS beat(4)-18.42%
Max EPS beat(4)3.12%
EPS beat(8)5
Avg EPS beat(8)-0.46%
EPS beat(12)9
Avg EPS beat(12)0.71%
EPS beat(16)11
Avg EPS beat(16)0.64%
Revenue beat(2)1
Avg Revenue beat(2)-1.33%
Min Revenue beat(2)-2.77%
Max Revenue beat(2)0.12%
Revenue beat(4)3
Avg Revenue beat(4)-0.49%
Min Revenue beat(4)-2.77%
Max Revenue beat(4)0.53%
Revenue beat(8)6
Avg Revenue beat(8)0.38%
Revenue beat(12)8
Avg Revenue beat(12)0.24%
Revenue beat(16)10
Avg Revenue beat(16)0.13%
PT rev (1m)-4.73%
PT rev (3m)-11.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.97%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.35 | ||
| Fwd PE | 7.3 | ||
| P/S | 1.77 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.39 | ||
| P/tB | 3.19 | ||
| EV/EBITDA | 9.01 |
EPS(TTM)16.4
EY9.66%
EPS(NY)23.25
Fwd EY13.69%
FCF(TTM)-31.86
FCFYN/A
OCF(TTM)-30.72
OCFYN/A
SpS95.94
BVpS70.96
TBVpS53.23
PEG (NY)0.54
PEG (5Y)0.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.95% | ||
| ROE | 22.87% | ||
| ROCE | 12.54% | ||
| ROIC | 8.9% | ||
| ROICexc | 9.23% | ||
| ROICexgc | 10.02% | ||
| OM | 39.6% | ||
| PM (TTM) | 16.92% | ||
| 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 | 3.39 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.58 | ||
| Cap/Depr | 22.27% | ||
| Cap/Sales | 1.19% | ||
| Interest Coverage | 2.82 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 1.23 |
F-Score3
WACC7.46%
ROIC/WACC1.19
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)9.85%
EPS 3Y17.06%
EPS 5Y26.43%
EPS Q2Q%-7.83%
EPS Next Y19.34%
EPS Next 2Y17.99%
EPS Next 3Y17.44%
EPS Next 5YN/A
Revenue 1Y (TTM)18.04%
Revenue growth 3Y22.6%
Revenue growth 5Y20.11%
Sales Q2Q%10.72%
Revenue Next Year11.66%
Revenue Next 2Y12.01%
Revenue Next 3Y12.52%
Revenue Next 5YN/A
EBIT growth 1Y20.46%
EBIT growth 3Y29.46%
EBIT growth 5Y29.28%
EBIT Next Year17.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y7.56%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y6.88%
OCF growth 3YN/A
OCF growth 5YN/A