ATLANTICUS HOLDINGS CORP (ATLC) Stock Fundamental Analysis
NASDAQ:ATLC - Nasdaq - US04914Y1029 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to ATLC. ATLC was compared to 52 industry peers in the Consumer Finance industry. ATLC has an average financial health and profitability rating. ATLC is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
ATLC had positive earnings in the past year.
ATLC had a positive operating cash flow in the past year.
Each year in the past 5 years ATLC has been profitable.
ATLC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.92%, ATLC is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
ATLC's Return On Equity of 16.66% is fine compared to the rest of the industry. ATLC outperforms 65.38% of its industry peers.
ATLC has a Return On Invested Capital of 3.82%. This is comparable to the rest of the industry: ATLC outperforms 53.85% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ATLC is significantly below the industry average of 10.33%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.92% | ||
| ROE | 16.66% | ||
| ROIC | 3.82% |
ROA(3y)3.39%
ROA(5y)4.91%
ROE(3y)17.73%
ROE(5y)25.03%
ROIC(3y)4.28%
ROIC(5y)6.32%
1.3 Margins
ATLC has a better Profit Margin (15.56%) than 71.15% of its industry peers.
In the last couple of years the Profit Margin of ATLC has grown nicely.
Looking at the Operating Margin, with a value of 23.91%, ATLC is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of ATLC has grown nicely.
ATLC has a Gross Margin of 51.67%. This is comparable to the rest of the industry: ATLC outperforms 50.00% of its industry peers.
In the last couple of years the Gross Margin of ATLC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.91% | ||
| PM (TTM) | 15.56% | ||
| GM | 51.67% |
OM growth 3Y-20.12%
OM growth 5Y21.12%
PM growth 3Y-19.87%
PM growth 5Y15.61%
GM growth 3Y-11.81%
GM growth 5Y-6.11%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ATLC is destroying value.
ATLC has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ATLC has less shares outstanding
Compared to 1 year ago, ATLC has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.74, we must say that ATLC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.74, ATLC is in line with its industry, outperforming 53.85% of the companies in the same industry.
The Debt to FCF ratio of ATLC is 5.18, which is a neutral value as it means it would take ATLC, 5.18 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.18, ATLC is in the better half of the industry, outperforming 63.46% of the companies in the same industry.
ATLC has a Debt/Equity ratio of 4.32. This is a high value indicating a heavy dependency on external financing.
ATLC has a Debt to Equity ratio of 4.32. This is in the lower half of the industry: ATLC underperforms 71.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.32 | ||
| Debt/FCF | 5.18 | ||
| Altman-Z | 0.74 |
ROIC/WACC0.48
WACC7.93%
2.3 Liquidity
ATLC has a Current Ratio of 1.68. This is a normal value and indicates that ATLC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.68, ATLC is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
ATLC has a Quick Ratio of 1.68. This is a normal value and indicates that ATLC is financially healthy and should not expect problems in meeting its short term obligations.
ATLC has a Quick ratio of 1.68. This is in the better half of the industry: ATLC outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.68 |
3. Growth
3.1 Past
ATLC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.10%, which is quite impressive.
The Earnings Per Share has been growing by 22.82% on average over the past years. This is a very strong growth
The Revenue has grown by 26.02% in the past year. This is a very strong growth!
ATLC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.83% yearly.
EPS 1Y (TTM)23.1%
EPS 3Y-14.56%
EPS 5Y22.82%
EPS Q2Q%36.7%
Revenue 1Y (TTM)26.02%
Revenue growth 3Y2.98%
Revenue growth 5Y10.83%
Sales Q2Q%18.73%
3.2 Future
ATLC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 45.01% yearly.
ATLC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.37% yearly.
EPS Next Y30.72%
EPS Next 2Y30.75%
EPS Next 3Y45.01%
EPS Next 5YN/A
Revenue Next Year12.47%
Revenue Next 2Y12.81%
Revenue Next 3Y18.37%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.85, the valuation of ATLC can be described as very reasonable.
ATLC's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.32. ATLC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 6.25, the valuation of ATLC can be described as very cheap.
Based on the Price/Forward Earnings ratio, ATLC is valued a bit cheaper than 75.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.13. ATLC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.85 | ||
| Fwd PE | 6.25 |
4.2 Price Multiples
ATLC's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ATLC indicates a rather cheap valuation: ATLC is cheaper than 84.62% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.61 | ||
| EV/EBITDA | 19.02 |
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.
The decent profitability rating of ATLC may justify a higher PE ratio.
ATLC's earnings are expected to grow with 45.01% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.32
PEG (5Y)0.43
EPS Next 2Y30.75%
EPS Next 3Y45.01%
5. Dividend
5.1 Amount
No dividends for ATLC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
50.94
-2.95 (-5.47%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners20.21%
Inst Owner Change20.02%
Ins Owners37.61%
Ins Owner Change-0.74%
Market Cap770.72M
Analysts83.08
Price Target69.51 (36.45%)
Short Float %4.13%
Short Ratio4.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend1.74
Dividend Growth(5Y)29.87%
DP26.3%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.98%
Min EPS beat(2)-1.55%
Max EPS beat(2)9.5%
EPS beat(4)3
Avg EPS beat(4)3.88%
Min EPS beat(4)-1.55%
Max EPS beat(4)9.5%
EPS beat(8)6
Avg EPS beat(8)8.07%
EPS beat(12)8
Avg EPS beat(12)3.77%
EPS beat(16)10
Avg EPS beat(16)6.78%
Revenue beat(2)0
Avg Revenue beat(2)-2.46%
Min Revenue beat(2)-2.55%
Max Revenue beat(2)-2.38%
Revenue beat(4)1
Avg Revenue beat(4)0.01%
Min Revenue beat(4)-2.55%
Max Revenue beat(4)5.38%
Revenue beat(8)2
Avg Revenue beat(8)-0.99%
Revenue beat(12)2
Avg Revenue beat(12)-15.9%
Revenue beat(16)2
Avg Revenue beat(16)-19.68%
PT rev (1m)4.38%
PT rev (3m)7.68%
EPS NQ rev (1m)1.79%
EPS NQ rev (3m)-10.07%
EPS NY rev (1m)0%
EPS NY rev (3m)1.5%
Revenue NQ rev (1m)1.1%
Revenue NQ rev (3m)-0.97%
Revenue NY rev (1m)1.62%
Revenue NY rev (3m)-0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.85 | ||
| Fwd PE | 6.25 | ||
| P/S | 1.26 | ||
| P/FCF | 1.61 | ||
| P/OCF | 1.6 | ||
| P/B | 1.35 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | 19.02 |
EPS(TTM)5.17
EY10.15%
EPS(NY)8.15
Fwd EY16.01%
FCF(TTM)31.58
FCFY61.99%
OCF(TTM)31.87
OCFY62.56%
SpS40.53
BVpS37.85
TBVpS37.85
PEG (NY)0.32
PEG (5Y)0.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.92% | ||
| ROE | 16.66% | ||
| ROCE | 4.82% | ||
| ROIC | 3.82% | ||
| ROICexc | 4.32% | ||
| ROICexgc | 4.32% | ||
| OM | 23.91% | ||
| PM (TTM) | 15.56% | ||
| GM | 51.67% | ||
| FCFM | 77.91% |
ROA(3y)3.39%
ROA(5y)4.91%
ROE(3y)17.73%
ROE(5y)25.03%
ROIC(3y)4.28%
ROIC(5y)6.32%
ROICexc(3y)5.02%
ROICexc(5y)7.67%
ROICexgc(3y)5.02%
ROICexgc(5y)7.67%
ROCE(3y)5.4%
ROCE(5y)7.96%
ROICexcg growth 3Y-33.18%
ROICexcg growth 5Y3.48%
ROICexc growth 3Y-33.18%
ROICexc growth 5Y3.48%
OM growth 3Y-20.12%
OM growth 5Y21.12%
PM growth 3Y-19.87%
PM growth 5Y15.61%
GM growth 3Y-11.81%
GM growth 5Y-6.11%
F-Score6
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.32 | ||
| Debt/FCF | 5.18 | ||
| Debt/EBITDA | 16.26 | ||
| Cap/Depr | 79.55% | ||
| Cap/Sales | 0.72% | ||
| Interest Coverage | 0.94 | ||
| Cash Conversion | 316.89% | ||
| Profit Quality | 500.63% | ||
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.68 | ||
| Altman-Z | 0.74 |
F-Score6
WACC7.93%
ROIC/WACC0.48
Cap/Depr(3y)78.44%
Cap/Depr(5y)105.61%
Cap/Sales(3y)0.74%
Cap/Sales(5y)0.74%
Profit Quality(3y)476.8%
Profit Quality(5y)367.48%
High Growth Momentum
Growth
EPS 1Y (TTM)23.1%
EPS 3Y-14.56%
EPS 5Y22.82%
EPS Q2Q%36.7%
EPS Next Y30.72%
EPS Next 2Y30.75%
EPS Next 3Y45.01%
EPS Next 5YN/A
Revenue 1Y (TTM)26.02%
Revenue growth 3Y2.98%
Revenue growth 5Y10.83%
Sales Q2Q%18.73%
Revenue Next Year12.47%
Revenue Next 2Y12.81%
Revenue Next 3Y18.37%
Revenue Next 5YN/A
EBIT growth 1Y15.16%
EBIT growth 3Y-17.74%
EBIT growth 5Y34.23%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y32.9%
FCF growth 3Y31.57%
FCF growth 5Y36.22%
OCF growth 1Y31.35%
OCF growth 3Y30.26%
OCF growth 5Y36.24%