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REMITLY GLOBAL INC (RELY) Stock Fundamental Analysis

NASDAQ:RELY - Nasdaq - US75960P1049 - Common Stock - Currency: USD

25.7  +0.3 (+1.18%)

After market: 25.7 0 (0%)

Fundamental Rating

4

RELY gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 101 industry peers in the Financial Services industry. RELY has a great financial health rating, but its profitability evaluates not so good. RELY shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

RELY had negative earnings in the past year.
RELY had a positive operating cash flow in the past year.
In the past 5 years RELY always reported negative net income.
RELY had negative operating cash flow in 4 of the past 5 years.
RELY Yearly Net Income VS EBIT VS OCF VS FCFRELY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 0 -20M -40M -60M -80M -100M

1.2 Ratios

With a Return On Assets value of -6.83%, RELY is not doing good in the industry: 89.11% of the companies in the same industry are doing better.
RELY has a worse Return On Equity (-10.51%) than 81.19% of its industry peers.
Industry RankSector Rank
ROA -6.83%
ROE -10.51%
ROIC N/A
ROA(3y)-11.32%
ROA(5y)-13.36%
ROE(3y)-18.03%
ROE(5y)-25.45%
ROIC(3y)N/A
ROIC(5y)N/A
RELY Yearly ROA, ROE, ROICRELY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 -10 -20 -30 -40 -50

1.3 Margins

Looking at the Gross Margin, with a value of 65.81%, RELY is in the better half of the industry, outperforming 78.22% of the companies in the same industry.
RELY's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for RELY so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 65.81%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.55%
GM growth 5YN/A
RELY Yearly Profit, Operating, Gross MarginsRELY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 0 20 -20 40 -40 60

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8

2. Health

2.1 Basic Checks

RELY does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for RELY has been increased compared to 1 year ago.
The debt/assets ratio for RELY is higher compared to a year ago.
RELY Yearly Shares OutstandingRELY Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 50M 100M 150M
RELY Yearly Total Debt VS Total AssetsRELY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.2 Solvency

An Altman-Z score of 9.79 indicates that RELY is not in any danger for bankruptcy at the moment.
RELY has a Altman-Z score of 9.79. This is amongst the best in the industry. RELY outperforms 93.07% of its industry peers.
RELY has a debt to FCF ratio of 0.03. This is a very positive value and a sign of high solvency as it would only need 0.03 years to pay back of all of its debts.
RELY has a Debt to FCF ratio of 0.03. This is amongst the best in the industry. RELY outperforms 92.08% of its industry peers.
RELY has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of RELY (0.00) is better than 90.10% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.03
Altman-Z 9.79
ROIC/WACCN/A
WACC15.91%
RELY Yearly LT Debt VS Equity VS FCFRELY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 0 200M 400M

2.3 Liquidity

RELY has a Current Ratio of 2.66. This indicates that RELY is financially healthy and has no problem in meeting its short term obligations.
RELY's Current ratio of 2.66 is amongst the best of the industry. RELY outperforms 82.18% of its industry peers.
A Quick Ratio of 2.66 indicates that RELY has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.66, RELY belongs to the top of the industry, outperforming 83.17% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.66
Quick Ratio 2.66
RELY Yearly Current Assets VS Current LiabilitesRELY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 200M 400M 600M 800M

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7

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 39.66% over the past year.
The Revenue has grown by 35.19% in the past year. This is a very strong growth!
Measured over the past years, RELY shows a very strong growth in Revenue. The Revenue has been growing by 54.31% on average per year.
EPS 1Y (TTM)39.66%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%105%
Revenue 1Y (TTM)35.19%
Revenue growth 3Y54.31%
Revenue growth 5YN/A
Sales Q2Q%39.27%

3.2 Future

RELY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.55% yearly.
Based on estimates for the next years, RELY will show a very strong growth in Revenue. The Revenue will grow by 21.81% on average per year.
EPS Next Y61.36%
EPS Next 2Y39.77%
EPS Next 3Y32.51%
EPS Next 5Y38.56%
Revenue Next Year33.41%
Revenue Next 2Y28.69%
Revenue Next 3Y25.97%
Revenue Next 5Y21.81%

3.3 Evolution

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.
RELY Yearly Revenue VS EstimatesRELY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B 2.5B
RELY Yearly EPS VS EstimatesRELY Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 -0.5 1 1.5 2

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1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for RELY. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for RELY. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
RELY Price Earnings VS Forward Price EarningsRELY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -200 -400 -600 -800

4.2 Price Multiples

The rest of the industry has a similar Price/Free Cash Flow ratio as RELY.
Industry RankSector Rank
P/FCF 56.99
EV/EBITDA N/A
RELY Per share dataRELY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

4.3 Compensation for Growth

A more expensive valuation may be justified as RELY's earnings are expected to grow with 32.51% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.77%
EPS Next 3Y32.51%

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0

5. Dividend

5.1 Amount

RELY does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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REMITLY GLOBAL INC

NASDAQ:RELY (2/10/2025, 4:32:45 PM)

After market: 25.7 0 (0%)

25.7

+0.3 (+1.18%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)10-30 2024-10-30/amc
Earnings (Next)02-19 2025-02-19/amc
Inst Owners82.69%
Inst Owner Change-55.34%
Ins Owners5.75%
Ins Owner Change-1.17%
Market Cap5.09B
Analysts82.35
Price Target26.9 (4.67%)
Short Float %3.78%
Short Ratio4.87
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)75.41%
Min EPS beat(2)37.61%
Max EPS beat(2)113.2%
EPS beat(4)4
Avg EPS beat(4)45.14%
Min EPS beat(4)4.47%
Max EPS beat(4)113.2%
EPS beat(8)7
Avg EPS beat(8)28.63%
EPS beat(12)8
Avg EPS beat(12)8.42%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.16%
Min Revenue beat(2)-0.54%
Max Revenue beat(2)2.86%
Revenue beat(4)1
Avg Revenue beat(4)-0.51%
Min Revenue beat(4)-3.7%
Max Revenue beat(4)2.86%
Revenue beat(8)4
Avg Revenue beat(8)1.05%
Revenue beat(12)7
Avg Revenue beat(12)1.55%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9.33%
PT rev (3m)27.88%
EPS NQ rev (1m)1.86%
EPS NQ rev (3m)7.02%
EPS NY rev (1m)0%
EPS NY rev (3m)2.34%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 4.33
P/FCF 56.99
P/OCF 48.77
P/B 8.07
P/tB 9.04
EV/EBITDA N/A
EPS(TTM)-0.35
EYN/A
EPS(NY)-0.03
Fwd EYN/A
FCF(TTM)0.45
FCFY1.75%
OCF(TTM)0.53
OCFY2.05%
SpS5.94
BVpS3.19
TBVpS2.84
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -6.83%
ROE -10.51%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 65.81%
FCFM 7.59%
ROA(3y)-11.32%
ROA(5y)-13.36%
ROE(3y)-18.03%
ROE(5y)-25.45%
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 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.55%
GM growth 5YN/A
F-Score7
Asset Turnover1.21
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.03
Debt/EBITDA N/A
Cap/Depr 95.78%
Cap/Sales 1.28%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.66
Quick Ratio 2.66
Altman-Z 9.79
F-Score7
WACC15.91%
ROIC/WACCN/A
Cap/Depr(3y)86.86%
Cap/Depr(5y)127.85%
Cap/Sales(3y)1.01%
Cap/Sales(5y)2.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)39.66%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%105%
EPS Next Y61.36%
EPS Next 2Y39.77%
EPS Next 3Y32.51%
EPS Next 5Y38.56%
Revenue 1Y (TTM)35.19%
Revenue growth 3Y54.31%
Revenue growth 5YN/A
Sales Q2Q%39.27%
Revenue Next Year33.41%
Revenue Next 2Y28.69%
Revenue Next 3Y25.97%
Revenue Next 5Y21.81%
EBIT growth 1Y37.47%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year193.77%
EBIT Next 3Y60.05%
EBIT Next 5Y43.57%
FCF growth 1Y224.94%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y259.09%
OCF growth 3YN/A
OCF growth 5YN/A