UPSTART HOLDINGS INC (UPST)
US91680M1071 - Common Stock
We assign a fundamental rating of 3 out of 10 to UPST. UPST was compared to 52 industry peers in the Consumer Finance industry. The financial health of UPST is average, but there are quite some concerns on its profitability. UPST is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
UPST had negative earnings in the past year.
In the past year UPST had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: UPST reported negative net income in multiple years.
In multiple years UPST reported negative operating cash flow during the last 5 years.
1.2 Ratios
UPST has a Return On Assets of -9.30%. This is amonst the worse of the industry: UPST underperforms 90.38% of its industry peers.
The Return On Equity of UPST (-28.25%) is worse than 86.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.3% | ||
| ROE | -28.25% | ||
| ROIC | N/A |
ROA(3y)-3.36%
ROA(5y)-1.79%
ROE(3y)-12.4%
ROE(5y)-7.14%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
UPST has a better Gross Margin (72.48%) than 69.23% of its industry peers.
In the last couple of years the Gross Margin of UPST has declined.
The Profit Margin and Operating Margin are not available for UPST so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.48% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.41%
GM growth 5Y-3.06%
2. Health
2.1 Basic Checks
UPST does not have a ROIC to compare to the WACC, probably because it is not profitable.
UPST has more shares outstanding than it did 1 year ago.
The number of shares outstanding for UPST has been increased compared to 5 years ago.
The debt/assets ratio for UPST is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.81 indicates that UPST is not a great score, but indicates only limited risk for bankruptcy at the moment.
UPST's Altman-Z score of 2.81 is amongst the best of the industry. UPST outperforms 82.69% of its industry peers.
The Debt to FCF ratio of UPST is 6.11, which is on the high side as it means it would take UPST, 6.11 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of UPST (6.11) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.49 is on the high side and indicates that UPST has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.49, UPST is in line with its industry, outperforming 51.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 6.11 | ||
| Altman-Z | 2.81 |
ROIC/WACCN/A
WACC8.27%
2.3 Liquidity
A Current Ratio of 1.62 indicates that UPST should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.62, UPST is in the better half of the industry, outperforming 63.46% of the companies in the same industry.
UPST has a Quick Ratio of 1.62. This is a normal value and indicates that UPST is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of UPST (1.62) is better than 63.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.62 |
3. Growth
3.1 Past
UPST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.45%, which is quite good.
Looking at the last year, UPST shows a decrease in Revenue. The Revenue has decreased by -0.95% in the last year.
Measured over the past years, UPST shows a very strong growth in Revenue. The Revenue has been growing by 42.14% on average per year.
EPS 1Y (TTM)8.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-20%
Revenue 1Y (TTM)-0.95%
Revenue growth 3Y30.97%
Revenue growth 5Y42.14%
Sales Q2Q%24.55%
3.2 Future
UPST is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 47.17% yearly.
UPST is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 28.07% yearly.
EPS Next Y26.63%
EPS Next 2Y69.48%
EPS Next 3Y62.38%
EPS Next 5Y47.17%
Revenue Next Year17.79%
Revenue Next 2Y26.2%
Revenue Next 3Y24.53%
Revenue Next 5Y28.07%
3.3 Evolution
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
UPST reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 136.73, UPST can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UPST indicates a slightly more expensive valuation: UPST is more expensive than 76.92% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.78. UPST is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 136.73 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, UPST is valued a bit more expensive than the industry average as 65.38% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.69 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as UPST's earnings are expected to grow with 62.38% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y69.48%
EPS Next 3Y62.38%
5. Dividend
5.1 Amount
No dividends for UPST!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
UPSTART HOLDINGS INC
NASDAQ:UPST (12/23/2024, 7:37:11 PM)
After market: 68.34 +0.34 (+0.5%)68
-0.4 (-0.58%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners45.5%
Inst Owner Change25.91%
Ins Owners12.86%
Ins Owner Change-8.65%
Market Cap6.20B
Analysts54.29
Price Target51.18 (-24.74%)
Short Float %27.04%
Short Ratio2.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/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)58.67%
Min EPS beat(2)57.52%
Max EPS beat(2)59.83%
EPS beat(4)4
Avg EPS beat(4)40.58%
Min EPS beat(4)21.24%
Max EPS beat(4)59.83%
EPS beat(8)7
Avg EPS beat(8)29.87%
EPS beat(12)9
Avg EPS beat(12)4.32%
EPS beat(16)13
Avg EPS beat(16)38.97%
Revenue beat(2)2
Avg Revenue beat(2)4.92%
Min Revenue beat(2)0.47%
Max Revenue beat(2)9.37%
Revenue beat(4)4
Avg Revenue beat(4)5.32%
Min Revenue beat(4)0.34%
Max Revenue beat(4)11.09%
Revenue beat(8)5
Avg Revenue beat(8)2.56%
Revenue beat(12)9
Avg Revenue beat(12)3.24%
Revenue beat(16)11
Avg Revenue beat(16)3.88%
PT rev (1m)70.32%
PT rev (3m)114.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)30.62%
EPS NY rev (1m)39.62%
EPS NY rev (3m)39.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)21.5%
Revenue NY rev (1m)6.33%
Revenue NY rev (3m)5.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 136.73 | ||
| P/S | 11.12 | ||
| P/FCF | 42.69 | ||
| P/OCF | 40.4 | ||
| P/B | 10.42 | ||
| P/tB | 11.96 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.65
EYN/A
EPS(NY)0.5
Fwd EY0.73%
FCF(TTM)1.59
FCFY2.34%
OCF(TTM)1.68
OCFY2.48%
SpS6.12
BVpS6.53
TBVpS5.69
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.3% | ||
| ROE | -28.25% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.48% | ||
| FCFM | 26.05% |
ROA(3y)-3.36%
ROA(5y)-1.79%
ROE(3y)-12.4%
ROE(5y)-7.14%
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 3Y-5.41%
GM growth 5Y-3.06%
F-Score8
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.49 | ||
| Debt/FCF | 6.11 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 33.09% | ||
| Cap/Sales | 1.48% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.62 | ||
| Altman-Z | 2.81 |
F-Score8
WACC8.27%
ROIC/WACCN/A
Cap/Depr(3y)139.83%
Cap/Depr(5y)265.1%
Cap/Sales(3y)2.25%
Cap/Sales(5y)2.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-20%
EPS Next Y26.63%
EPS Next 2Y69.48%
EPS Next 3Y62.38%
EPS Next 5Y47.17%
Revenue 1Y (TTM)-0.95%
Revenue growth 3Y30.97%
Revenue growth 5Y42.14%
Sales Q2Q%24.55%
Revenue Next Year17.79%
Revenue Next 2Y26.2%
Revenue Next 3Y24.53%
Revenue Next 5Y28.07%
EBIT growth 1Y3.92%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year88.73%
EBIT Next 3Y43.03%
EBIT Next 5Y28.86%
FCF growth 1Y131.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y135.47%
OCF growth 3YN/A
OCF growth 5YN/A