ENOVA INTERNATIONAL INC (ENVA) Stock Fundamental Analysis
NYSE:ENVA - New York Stock Exchange, Inc. - US29357K1034 - Common Stock - Currency: USD
ENVA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 52 industry peers in the Consumer Finance industry. Both the health and profitability get an excellent rating, making ENVA a very profitable company, without any liquidiy or solvency issues. ENVA is evaluated to be cheap and growing strongly. This does not happen too often! With these ratings, ENVA could be worth investigating further for value and growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year ENVA was profitable.
ENVA had a positive operating cash flow in the past year.
In the past 5 years ENVA has always been profitable.
ENVA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENVA has a better Return On Assets (4.29%) than 75.00% of its industry peers.
ENVA has a Return On Equity of 19.55%. This is amongst the best in the industry. ENVA outperforms 80.77% of its industry peers.
ENVA has a better Return On Invested Capital (9.25%) than 78.85% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENVA is in line with the industry average of 10.25%.
The last Return On Invested Capital (9.25%) for ENVA is above the 3 year average (8.27%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.29% | ||
| ROE | 19.55% | ||
| ROIC | 9.25% |
ROA(3y)4.43%
ROA(5y)8.1%
ROE(3y)16.37%
ROE(5y)22.75%
ROIC(3y)8.27%
ROIC(5y)10.19%
1.3 Margins
Looking at the Profit Margin, with a value of 14.53%, ENVA is in the better half of the industry, outperforming 67.31% of the companies in the same industry.
In the last couple of years the Profit Margin of ENVA has grown nicely.
ENVA's Operating Margin of 38.88% is amongst the best of the industry. ENVA outperforms 94.23% of its industry peers.
In the last couple of years the Operating Margin of ENVA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.88% | ||
| PM (TTM) | 14.53% | ||
| GM | N/A |
OM growth 3Y-1.76%
OM growth 5Y12.6%
PM growth 3Y-18.2%
PM growth 5Y34.46%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ENVA is creating some value.
The number of shares outstanding for ENVA has been reduced compared to 1 year ago.
Compared to 5 years ago, ENVA has less shares outstanding
Compared to 1 year ago, ENVA has a worse debt to assets ratio.
2.2 Solvency
ENVA has an Altman-Z score of 2.52. This is not the best score and indicates that ENVA is in the grey zone with still only limited risk for bankruptcy at the moment.
ENVA has a better Altman-Z score (2.52) than 76.92% of its industry peers.
ENVA has a debt to FCF ratio of 2.45. This is a good value and a sign of high solvency as ENVA would need 2.45 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.45, ENVA is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
ENVA has a Debt/Equity ratio of 3.14. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.14, ENVA perfoms like the industry average, outperforming 42.31% of the companies in the same industry.
Although ENVA does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.14 | ||
| Debt/FCF | 2.45 | ||
| Altman-Z | 2.52 |
ROIC/WACC1.02
WACC9.07%
2.3 Liquidity
A Current Ratio of 21.07 indicates that ENVA has no problem at all paying its short term obligations.
ENVA's Current ratio of 21.07 is amongst the best of the industry. ENVA outperforms 98.08% of its industry peers.
A Quick Ratio of 21.07 indicates that ENVA has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 21.07, ENVA belongs to the best of the industry, outperforming 98.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 21.07 | ||
| Quick Ratio | 21.07 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 47.27% over the past year.
ENVA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.61% yearly.
Looking at the last year, ENVA shows a very strong growth in Revenue. The Revenue has grown by 24.80%.
Measured over the past years, ENVA shows a small growth in Revenue. The Revenue has been growing by 5.42% on average per year.
EPS 1Y (TTM)47.27%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%56.02%
Revenue 1Y (TTM)24.8%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%22.24%
3.2 Future
The Earnings Per Share is expected to grow by 19.89% on average over the next years. This is quite good.
The Revenue is expected to grow by 16.55% on average over the next years. This is quite good.
EPS Next Y30.75%
EPS Next 2Y23.71%
EPS Next 3Y19.89%
EPS Next 5YN/A
Revenue Next Year18.15%
Revenue Next 2Y15.54%
Revenue Next 3Y16.55%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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
With a Price/Earnings ratio of 9.62, the valuation of ENVA can be described as very reasonable.
Based on the Price/Earnings ratio, ENVA is valued a bit cheaper than 65.38% of the companies in the same industry.
ENVA is valuated cheaply when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.01, the valuation of ENVA can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENVA is valued a bit cheaper than the industry average as 67.31% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ENVA to the average of the S&P500 Index (22.19), we can say ENVA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.62 | ||
| Fwd PE | 7.01 |
4.2 Price Multiples
ENVA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENVA is cheaper than 73.08% of the companies in the same industry.
84.62% of the companies in the same industry are more expensive than ENVA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.63 | ||
| EV/EBITDA | 9.28 |
4.3 Compensation for Growth
ENVA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ENVA may justify a higher PE ratio.
A more expensive valuation may be justified as ENVA's earnings are expected to grow with 19.89% in the coming years.
PEG (NY)0.31
PEG (5Y)0.49
EPS Next 2Y23.71%
EPS Next 3Y19.89%
5. Dividend
5.1 Amount
No dividends for ENVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
98.56
+0.9 (+0.92%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners95.17%
Inst Owner Change-57.27%
Ins Owners4.47%
Ins Owner Change0.23%
Market Cap2.50B
Analysts84.29
Price Target129.03 (30.92%)
Short Float %8.92%
Short Ratio8.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.43%
Min EPS beat(2)5.92%
Max EPS beat(2)12.95%
EPS beat(4)4
Avg EPS beat(4)6.83%
Min EPS beat(4)3.97%
Max EPS beat(4)12.95%
EPS beat(8)7
Avg EPS beat(8)2.33%
EPS beat(12)11
Avg EPS beat(12)3.67%
EPS beat(16)15
Avg EPS beat(16)11.21%
Revenue beat(2)0
Avg Revenue beat(2)-1.23%
Min Revenue beat(2)-2.03%
Max Revenue beat(2)-0.44%
Revenue beat(4)1
Avg Revenue beat(4)-0.51%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)1.51%
Revenue beat(8)4
Avg Revenue beat(8)-0.04%
Revenue beat(12)4
Avg Revenue beat(12)-12.93%
Revenue beat(16)4
Avg Revenue beat(16)-14.26%
PT rev (1m)-0.28%
PT rev (3m)-2.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.65%
EPS NY rev (1m)0%
EPS NY rev (3m)2.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.87%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.62 | ||
| Fwd PE | 7.01 | ||
| P/S | 1.55 | ||
| P/FCF | 1.63 | ||
| P/OCF | 1.58 | ||
| P/B | 2.09 | ||
| P/tB | 2.75 | ||
| EV/EBITDA | 9.28 |
EPS(TTM)10.25
EY10.4%
EPS(NY)14.05
Fwd EY14.26%
FCF(TTM)60.55
FCFY61.43%
OCF(TTM)62.32
OCFY63.23%
SpS63.45
BVpS47.17
TBVpS35.81
PEG (NY)0.31
PEG (5Y)0.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.29% | ||
| ROE | 19.55% | ||
| ROCE | 11.99% | ||
| ROIC | 9.25% | ||
| ROICexc | 9.35% | ||
| ROICexgc | 9.9% | ||
| OM | 38.88% | ||
| PM (TTM) | 14.53% | ||
| GM | N/A | ||
| FCFM | 95.42% |
ROA(3y)4.43%
ROA(5y)8.1%
ROE(3y)16.37%
ROE(5y)22.75%
ROIC(3y)8.27%
ROIC(5y)10.19%
ROICexc(3y)8.42%
ROICexc(5y)10.94%
ROICexgc(3y)9.08%
ROICexgc(5y)12.42%
ROCE(3y)10.71%
ROCE(5y)13.21%
ROICexcg growth 3Y-13.52%
ROICexcg growth 5Y-10.29%
ROICexc growth 3Y-11.26%
ROICexc growth 5Y-7.56%
OM growth 3Y-1.76%
OM growth 5Y12.6%
PM growth 3Y-18.2%
PM growth 5Y34.46%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.14 | ||
| Debt/FCF | 2.45 | ||
| Debt/EBITDA | 5.64 | ||
| Cap/Depr | 112.67% | ||
| Cap/Sales | 2.8% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 237.46% | ||
| Profit Quality | 656.55% | ||
| Current Ratio | 21.07 | ||
| Quick Ratio | 21.07 | ||
| Altman-Z | 2.52 |
F-Score8
WACC9.07%
ROIC/WACC1.02
Cap/Depr(3y)114.91%
Cap/Depr(5y)115.67%
Cap/Sales(3y)3.47%
Cap/Sales(5y)3.53%
Profit Quality(3y)588.12%
Profit Quality(5y)425.04%
High Growth Momentum
Growth
EPS 1Y (TTM)47.27%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%56.02%
EPS Next Y30.75%
EPS Next 2Y23.71%
EPS Next 3Y19.89%
EPS Next 5YN/A
Revenue 1Y (TTM)24.8%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%22.24%
Revenue Next Year18.15%
Revenue Next 2Y15.54%
Revenue Next 3Y16.55%
Revenue Next 5YN/A
EBIT growth 1Y41.08%
EBIT growth 3Y12.28%
EBIT growth 5Y18.7%
EBIT Next Year33.05%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y56.97%
FCF growth 3Y50.09%
FCF growth 5Y11.81%
OCF growth 1Y54.64%
OCF growth 3Y48.28%
OCF growth 5Y11.93%