ENOVA INTERNATIONAL INC (ENVA) Stock Fundamental Analysis
USA - NYSE:ENVA - US29357K1034 - Common Stock
125.34 USD
-1.98 (-1.56%)
125.34 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to ENVA. ENVA was compared to 55 industry peers in the Consumer Finance industry. ENVA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ENVA has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings would make ENVA suitable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year ENVA was profitable.
In the past year ENVA had a positive cash flow from operations.
In the past 5 years ENVA has always been profitable.
Each year in the past 5 years ENVA had a positive operating cash flow.
1.2 Ratios
ENVA has a Return On Assets of 4.48%. This is in the better half of the industry: ENVA outperforms 70.91% of its industry peers.
ENVA has a better Return On Equity (20.85%) than 83.64% of its industry peers.
ENVA's Return On Invested Capital of 9.38% is fine compared to the rest of the industry. ENVA outperforms 78.18% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENVA is below the industry average of 11.02%.
The last Return On Invested Capital (9.38%) for ENVA is above the 3 year average (8.27%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.48% | ||
| ROE | 20.85% | ||
| ROIC | 9.38% |
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
ENVA has a better Profit Margin (15.24%) than 63.64% of its industry peers.
In the last couple of years the Profit Margin of ENVA has grown nicely.
The Operating Margin of ENVA (39.55%) is better than 92.73% of its industry peers.
ENVA's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.55% | ||
| PM (TTM) | 15.24% | ||
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENVA is destroying value.
Compared to 1 year ago, ENVA has less shares outstanding
ENVA has less shares outstanding than it did 5 years ago.
ENVA has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.60 indicates that ENVA is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.60, ENVA is doing good in the industry, outperforming 80.00% of the companies in the same industry.
The Debt to FCF ratio of ENVA is 2.44, which is a good value as it means it would take ENVA, 2.44 years of fcf income to pay off all of its debts.
ENVA's Debt to FCF ratio of 2.44 is amongst the best of the industry. ENVA outperforms 81.82% of its industry peers.
A Debt/Equity ratio of 3.23 is on the high side and indicates that ENVA has dependencies on debt financing.
ENVA has a Debt to Equity ratio (3.23) which is comparable to the rest of the 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 | 3.23 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.85
WACC11.04%
2.3 Liquidity
ENVA has a Current Ratio of 20.45. This indicates that ENVA is financially healthy and has no problem in meeting its short term obligations.
ENVA has a better Current ratio (20.45) than 96.36% of its industry peers.
ENVA has a Quick Ratio of 20.45. This indicates that ENVA is financially healthy and has no problem in meeting its short term obligations.
ENVA's Quick ratio of 20.45 is amongst the best of the industry. ENVA outperforms 96.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 20.45 | ||
| Quick Ratio | 20.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 51.28% 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.
ENVA shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.54%.
ENVA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.42% yearly.
EPS 1Y (TTM)51.28%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%46.15%
Revenue 1Y (TTM)23.54%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%21.58%
3.2 Future
Based on estimates for the next years, ENVA will show a very strong growth in Earnings Per Share. The EPS will grow by 23.42% on average per year.
Based on estimates for the next years, ENVA will show a quite strong growth in Revenue. The Revenue will grow by 18.32% on average per year.
EPS Next Y34.59%
EPS Next 2Y25.49%
EPS Next 3Y23.42%
EPS Next 5YN/A
Revenue Next Year19.66%
Revenue Next 2Y17.63%
Revenue Next 3Y18.32%
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
A Price/Earnings ratio of 11.12 indicates a reasonable valuation of ENVA.
The rest of the industry has a similar Price/Earnings ratio as ENVA.
When comparing the Price/Earnings ratio of ENVA to the average of the S&P500 Index (27.41), we can say ENVA is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.67, the valuation of ENVA can be described as reasonable.
Based on the Price/Forward Earnings ratio, ENVA is valued a bit cheaper than 63.64% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.87, ENVA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.12 | ||
| Fwd PE | 8.67 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENVA is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
ENVA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ENVA is cheaper than 87.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.93 | ||
| EV/EBITDA | 10.05 |
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 ENVA may justify a higher PE ratio.
A more expensive valuation may be justified as ENVA's earnings are expected to grow with 23.42% in the coming years.
PEG (NY)0.32
PEG (5Y)0.57
EPS Next 2Y25.49%
EPS Next 3Y23.42%
5. Dividend
5.1 Amount
ENVA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
125.34
-1.98 (-1.56%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners96.94%
Inst Owner Change2.26%
Ins Owners4.52%
Ins Owner Change0.44%
Market Cap3.13B
Analysts84.29
Price Target133.75 (6.71%)
Short Float %8.19%
Short Ratio6.39
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)6.03%
Min EPS beat(2)5.92%
Max EPS beat(2)6.14%
EPS beat(4)4
Avg EPS beat(4)7.24%
Min EPS beat(4)3.97%
Max EPS beat(4)12.95%
EPS beat(8)7
Avg EPS beat(8)3.01%
EPS beat(12)11
Avg EPS beat(12)3.73%
EPS beat(16)15
Avg EPS beat(16)7.53%
Revenue beat(2)0
Avg Revenue beat(2)-0.72%
Min Revenue beat(2)-0.99%
Max Revenue beat(2)-0.44%
Revenue beat(4)1
Avg Revenue beat(4)-0.49%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)1.51%
Revenue beat(8)3
Avg Revenue beat(8)-0.25%
Revenue beat(12)4
Avg Revenue beat(12)-10.02%
Revenue beat(16)4
Avg Revenue beat(16)-13.98%
PT rev (1m)0%
PT rev (3m)3.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.47%
EPS NY rev (1m)0%
EPS NY rev (3m)2.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.12 | ||
| Fwd PE | 8.67 | ||
| P/S | 1.86 | ||
| P/FCF | 1.93 | ||
| P/OCF | 1.88 | ||
| P/B | 2.55 | ||
| P/tB | 3.33 | ||
| EV/EBITDA | 10.05 |
EPS(TTM)11.27
EY8.99%
EPS(NY)14.46
Fwd EY11.53%
FCF(TTM)64.87
FCFY51.75%
OCF(TTM)66.68
OCFY53.2%
SpS67.21
BVpS49.13
TBVpS37.68
PEG (NY)0.32
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.48% | ||
| ROE | 20.85% | ||
| ROCE | 12.16% | ||
| ROIC | 9.38% | ||
| ROICexc | 9.48% | ||
| ROICexgc | 10.01% | ||
| OM | 39.55% | ||
| PM (TTM) | 15.24% | ||
| GM | N/A | ||
| FCFM | 96.51% |
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 | 3.23 | ||
| Debt/FCF | 2.44 | ||
| Debt/EBITDA | 5.62 | ||
| Cap/Depr | 111.23% | ||
| Cap/Sales | 2.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 236.35% | ||
| Profit Quality | 633.24% | ||
| Current Ratio | 20.45 | ||
| Quick Ratio | 20.45 | ||
| Altman-Z | 2.6 |
F-Score8
WACC11.04%
ROIC/WACC0.85
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)51.28%
EPS 3Y6.64%
EPS 5Y19.61%
EPS Q2Q%46.15%
EPS Next Y34.59%
EPS Next 2Y25.49%
EPS Next 3Y23.42%
EPS Next 5YN/A
Revenue 1Y (TTM)23.54%
Revenue growth 3Y14.3%
Revenue growth 5Y5.42%
Sales Q2Q%21.58%
Revenue Next Year19.66%
Revenue Next 2Y17.63%
Revenue Next 3Y18.32%
Revenue Next 5YN/A
EBIT growth 1Y39.37%
EBIT growth 3Y12.28%
EBIT growth 5Y18.7%
EBIT Next Year35.4%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y55.67%
FCF growth 3Y50.09%
FCF growth 5Y11.81%
OCF growth 1Y53.96%
OCF growth 3Y48.28%
OCF growth 5Y11.93%