LOANDEPOT INC -CLASS A (LDI) Stock Fundamental Analysis
NYSE:LDI - New York Stock Exchange, Inc. - US53946R1068 - Common Stock - Currency: USD
Overall LDI gets a fundamental rating of 3 out of 10. We evaluated LDI against 101 industry peers in the Financial Services industry. LDI has a bad profitability rating. Also its financial health evaluation is rather negative. LDI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LDI has reported negative net income.
LDI had a negative operating cash flow in the past year.
LDI had negative earnings in 4 of the past 5 years.
LDI had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
LDI's Return On Assets of -1.44% is on the low side compared to the rest of the industry. LDI is outperformed by 81.19% of its industry peers.
With a Return On Equity value of -29.64%, LDI is not doing good in the industry: 89.11% of the companies in the same industry are doing better.
LDI has a Return On Invested Capital (2.88%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.44% | ||
| ROE | -29.64% | ||
| ROIC | 2.88% |
ROA(3y)-1.65%
ROA(5y)-0.99%
ROE(3y)-24.19%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
LDI has a Operating Margin (14.08%) which is in line with its industry peers.
In the last couple of years the Operating Margin of LDI has declined.
The Gross Margin of LDI (81.42%) is better than 89.11% of its industry peers.
LDI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.08% | ||
| PM (TTM) | N/A | ||
| GM | 81.42% |
OM growth 3Y-49.47%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.85%
GM growth 5Y0.32%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LDI is destroying value.
LDI has more shares outstanding than it did 1 year ago.
LDI has less shares outstanding than it did 5 years ago.
The debt/assets ratio for LDI is higher compared to a year ago.
2.2 Solvency
LDI has an Altman-Z score of -0.28. This is a bad value and indicates that LDI is not financially healthy and even has some risk of bankruptcy.
LDI has a Altman-Z score of -0.28. This is in the lower half of the industry: LDI underperforms 70.30% of its industry peers.
A Debt/Equity ratio of 12.55 is on the high side and indicates that LDI has dependencies on debt financing.
The Debt to Equity ratio of LDI (12.55) is worse than 90.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.55 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.28 |
ROIC/WACC0.41
WACC6.97%
2.3 Liquidity
LDI has a Current Ratio of 0.21. This is a bad value and indicates that LDI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of LDI (0.21) is worse than 72.28% of its industry peers.
A Quick Ratio of 0.21 indicates that LDI may have some problems paying its short term obligations.
LDI has a Quick ratio of 0.21. This is in the lower half of the industry: LDI underperforms 72.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
LDI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 68.06%, which is quite impressive.
LDI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.40%.
The Revenue has been growing slightly by 0.28% on average over the past years.
EPS 1Y (TTM)68.06%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%125%
Revenue 1Y (TTM)14.4%
Revenue growth 3Y-35.17%
Revenue growth 5Y0.28%
Sales Q2Q%18.42%
3.2 Future
LDI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.66% yearly.
The Revenue is expected to grow by 15.57% on average over the next years. This is quite good.
EPS Next Y63.34%
EPS Next 2Y54.61%
EPS Next 3Y39.66%
EPS Next 5YN/A
Revenue Next Year12.85%
Revenue Next 2Y17.16%
Revenue Next 3Y15.57%
Revenue Next 5YN/A
3.3 Evolution
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
LDI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 9.16, the valuation of LDI can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LDI indicates a somewhat cheap valuation: LDI is cheaper than 64.36% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, LDI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LDI is valued cheaply inside the industry as 80.20% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.57 |
4.3 Compensation for Growth
LDI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
LDI's earnings are expected to grow with 39.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y54.61%
EPS Next 3Y39.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 18.93%, LDI is a good candidate for dividend investing.
The stock price of LDI dropped by -31.20% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
LDI's Dividend Yield is rather good when compared to the industry average which is at 3.85. LDI pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, LDI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.93% |
5.2 History
LDI is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
LDI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-3.8%
EPS Next 2Y54.61%
EPS Next 3Y39.66%
1.61
+0.01 (+0.63%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners32.55%
Inst Owner Change-95.78%
Ins Owners12.67%
Ins Owner Change7.06%
Market Cap526.47M
Analysts50
Price Target2.66 (65.22%)
Short Float %2.23%
Short Ratio2.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.93% |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP-3.8%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)95.55%
Min EPS beat(2)43.95%
Max EPS beat(2)147.15%
EPS beat(4)2
Avg EPS beat(4)17.11%
Min EPS beat(4)-112.16%
Max EPS beat(4)147.15%
EPS beat(8)5
Avg EPS beat(8)9.78%
EPS beat(12)5
Avg EPS beat(12)-97.7%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)8.26%
Min Revenue beat(2)3.66%
Max Revenue beat(2)12.86%
Revenue beat(4)3
Avg Revenue beat(4)5.1%
Min Revenue beat(4)-1.29%
Max Revenue beat(4)12.86%
Revenue beat(8)6
Avg Revenue beat(8)9.86%
Revenue beat(12)10
Avg Revenue beat(12)12.48%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.57%
PT rev (3m)-4.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)9.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.16 | ||
| P/S | 0.38 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.69 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 8.57 |
EPS(TTM)-0.23
EYN/A
EPS(NY)0.18
Fwd EY10.92%
FCF(TTM)-3.47
FCFYN/A
OCF(TTM)-3.4
OCFYN/A
SpS4.26
BVpS0.95
TBVpS0.95
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.44% | ||
| ROE | -29.64% | ||
| ROCE | 6.96% | ||
| ROIC | 2.88% | ||
| ROICexc | 3.16% | ||
| ROICexgc | 4.71% | ||
| OM | 14.08% | ||
| PM (TTM) | N/A | ||
| GM | 81.42% | ||
| FCFM | N/A |
ROA(3y)-1.65%
ROA(5y)-0.99%
ROE(3y)-24.19%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-53.29%
ROICexcg growth 5YN/A
ROICexc growth 3Y-59.03%
ROICexc growth 5YN/A
OM growth 3Y-49.47%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.85%
GM growth 5Y0.32%
F-Score4
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.55 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 16.74 | ||
| Cap/Depr | 63.77% | ||
| Cap/Sales | 1.71% | ||
| Interest Coverage | 0.62 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | -0.28 |
F-Score4
WACC6.97%
ROIC/WACC0.41
Cap/Depr(3y)101.57%
Cap/Depr(5y)86.67%
Cap/Sales(3y)1.84%
Cap/Sales(5y)1.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)68.06%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%125%
EPS Next Y63.34%
EPS Next 2Y54.61%
EPS Next 3Y39.66%
EPS Next 5YN/A
Revenue 1Y (TTM)14.4%
Revenue growth 3Y-35.17%
Revenue growth 5Y0.28%
Sales Q2Q%18.42%
Revenue Next Year12.85%
Revenue Next 2Y17.16%
Revenue Next 3Y15.57%
Revenue Next 5YN/A
EBIT growth 1Y851.33%
EBIT growth 3Y-67.24%
EBIT growth 5YN/A
EBIT Next Year163.11%
EBIT Next 3Y52.51%
EBIT Next 5YN/A
FCF growth 1Y-122.89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-122.19%
OCF growth 3YN/A
OCF growth 5YN/A