GOEASY LTD (GSY.CA) Stock Fundamental Analysis
TSX:GSY - Toronto Stock Exchange - CA3803551074 - Common Stock - Currency: CAD
We assign a fundamental rating of 6 out of 10 to GSY. GSY was compared to 7 industry peers in the Consumer Finance industry. GSY scores excellent on profitability, but there are concerns on its financial health. An interesting combination arises when we look at growth and value: GSY is growing strongly while it also seems undervalued. GSY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GSY had positive earnings in the past year.
GSY had a negative operating cash flow in the past year.
GSY had positive earnings in each of the past 5 years.
GSY had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.45%, GSY belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
The Return On Equity of GSY (23.57%) is better than 100.00% of its industry peers.
GSY's Return On Invested Capital of 9.09% is amongst the best of the industry. GSY outperforms 85.71% of its industry peers.
GSY had an Average Return On Invested Capital over the past 3 years of 8.63%. This is in line with the industry average of 10.36%.
The 3 year average ROIC (8.63%) for GSY is below the current ROIC(9.09%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 23.57% | ||
| ROIC | 9.09% |
ROA(3y)5.22%
ROA(5y)6.83%
ROE(3y)21.07%
ROE(5y)25%
ROIC(3y)8.63%
ROIC(5y)9.07%
1.3 Margins
With an excellent Profit Margin value of 18.59%, GSY belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of GSY has grown nicely.
With an excellent Operating Margin value of 40.02%, GSY belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
In the last couple of years the Operating Margin of GSY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.02% | ||
| PM (TTM) | 18.59% | ||
| GM | N/A |
OM growth 3Y5.6%
OM growth 5Y7.64%
PM growth 3Y-14.4%
PM growth 5Y11.99%
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), GSY is creating some value.
Compared to 1 year ago, GSY has about the same amount of shares outstanding.
The number of shares outstanding for GSY has been increased compared to 5 years ago.
The debt/assets ratio for GSY is higher compared to a year ago.
2.2 Solvency
GSY has an Altman-Z score of 1.28. This is a bad value and indicates that GSY is not financially healthy and even has some risk of bankruptcy.
GSY has a better Altman-Z score (1.28) than 71.43% of its industry peers.
GSY has a Debt/Equity ratio of 3.07. This is a high value indicating a heavy dependency on external financing.
GSY has a Debt to Equity ratio of 3.07. This is in the lower half of the industry: GSY underperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.28 |
ROIC/WACC1.37
WACC6.65%
2.3 Liquidity
GSY has a Current Ratio of 1.02. This is a normal value and indicates that GSY is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.02, GSY perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
A Quick Ratio of 1.02 indicates that GSY should not have too much problems paying its short term obligations.
GSY's Quick ratio of 1.02 is fine compared to the rest of the industry. GSY outperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
GSY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.61%, which is quite good.
The Earnings Per Share has been growing by 26.43% on average over the past years. This is a very strong growth
The Revenue has grown by 21.86% in the past year. This is a very strong growth!
Measured over the past years, GSY shows a very strong growth in Revenue. The Revenue has been growing by 20.11% on average per year.
EPS 1Y (TTM)17.61%
EPS 3Y17.06%
EPS 5Y26.43%
EPS Q2Q%10.97%
Revenue 1Y (TTM)21.86%
Revenue growth 3Y22.6%
Revenue growth 5Y20.11%
Sales Q2Q%13.24%
3.2 Future
GSY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.44% yearly.
Based on estimates for the next years, GSY will show a quite strong growth in Revenue. The Revenue will grow by 12.93% on average per year.
EPS Next Y19.34%
EPS Next 2Y17.99%
EPS Next 3Y17.44%
EPS Next 5YN/A
Revenue Next Year12.51%
Revenue Next 2Y12.65%
Revenue Next 3Y12.93%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.44, the valuation of GSY can be described as very reasonable.
Based on the Price/Earnings ratio, GSY is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.85. GSY is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.91, the valuation of GSY can be described as very cheap.
GSY's Price/Forward Earnings ratio is rather cheap when compared to the industry. GSY is cheaper than 85.71% of the companies in the same industry.
GSY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.44 | ||
| Fwd PE | 7.91 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GSY indicates a rather cheap valuation: GSY is cheaper than 85.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.57 |
4.3 Compensation for Growth
GSY'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 GSY may justify a higher PE ratio.
A more expensive valuation may be justified as GSY's earnings are expected to grow with 17.44% in the coming years.
PEG (NY)0.49
PEG (5Y)0.36
EPS Next 2Y17.99%
EPS Next 3Y17.44%
5. Dividend
5.1 Amount
GSY has a Yearly Dividend Yield of 3.72%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.10, GSY pays a better dividend. On top of this GSY pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, GSY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.72% |
5.2 History
The dividend of GSY is nicely growing with an annual growth rate of 30.32%!
GSY has been paying a dividend for at least 10 years, so it has a reliable track record.
GSY has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)30.32%
Div Incr Years10
Div Non Decr Years20
5.3 Sustainability
25.70% of the earnings are spent on dividend by GSY. This is a low number and sustainable payout ratio.
The dividend of GSY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP25.7%
EPS Next 2Y17.99%
EPS Next 3Y17.44%
TSX:GSY (5/1/2025, 7:00:00 PM)
157.62
+1.97 (+1.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners19.04%
Inst Owner ChangeN/A
Ins Owners22.68%
Ins Owner ChangeN/A
Market Cap2.56B
Analysts80
Price Target234.7 (48.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.72% |
Yearly Dividend4.37
Dividend Growth(5Y)30.32%
DP25.7%
Div Incr Years10
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.4%
Min EPS beat(2)-0.31%
Max EPS beat(2)3.12%
EPS beat(4)2
Avg EPS beat(4)0.82%
Min EPS beat(4)-0.32%
Max EPS beat(4)3.12%
EPS beat(8)6
Avg EPS beat(8)1.98%
EPS beat(12)9
Avg EPS beat(12)1.87%
EPS beat(16)12
Avg EPS beat(16)2.12%
Revenue beat(2)2
Avg Revenue beat(2)0.15%
Min Revenue beat(2)0.12%
Max Revenue beat(2)0.18%
Revenue beat(4)4
Avg Revenue beat(4)0.38%
Min Revenue beat(4)0.12%
Max Revenue beat(4)0.67%
Revenue beat(8)7
Avg Revenue beat(8)0.79%
Revenue beat(12)8
Avg Revenue beat(12)0.32%
Revenue beat(16)10
Avg Revenue beat(16)0.17%
PT rev (1m)-4.08%
PT rev (3m)-2.32%
EPS NQ rev (1m)-1.43%
EPS NQ rev (3m)-3.46%
EPS NY rev (1m)-0.38%
EPS NY rev (3m)-1.53%
Revenue NQ rev (1m)0.25%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.23%
Revenue NY rev (3m)-1.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.44 | ||
| Fwd PE | 7.91 | ||
| P/S | 1.68 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.13 | ||
| P/tB | 2.82 | ||
| EV/EBITDA | 8.57 |
EPS(TTM)16.7
EY10.6%
EPS(NY)19.93
Fwd EY12.64%
FCF(TTM)-30.09
FCFYN/A
OCF(TTM)-28.91
OCFYN/A
SpS93.8
BVpS73.96
TBVpS55.98
PEG (NY)0.49
PEG (5Y)0.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.45% | ||
| ROE | 23.57% | ||
| ROCE | 12.45% | ||
| ROIC | 9.09% | ||
| ROICexc | 9.58% | ||
| ROICexgc | 10.42% | ||
| OM | 40.02% | ||
| PM (TTM) | 18.59% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)5.22%
ROA(5y)6.83%
ROE(3y)21.07%
ROE(5y)25%
ROIC(3y)8.63%
ROIC(5y)9.07%
ROICexc(3y)8.96%
ROICexc(5y)9.5%
ROICexgc(3y)9.91%
ROICexgc(5y)10.5%
ROCE(3y)12.17%
ROCE(5y)13.1%
ROICexcg growth 3Y0.49%
ROICexcg growth 5Y-0.64%
ROICexc growth 3Y3.4%
ROICexc growth 5Y-1.31%
OM growth 3Y5.6%
OM growth 5Y7.64%
PM growth 3Y-14.4%
PM growth 5Y11.99%
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.32 | ||
| Cap/Depr | 22.84% | ||
| Cap/Sales | 1.26% | ||
| Interest Coverage | 3.13 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 1.28 |
F-Score3
WACC6.65%
ROIC/WACC1.37
Cap/Depr(3y)25.75%
Cap/Depr(5y)31.27%
Cap/Sales(3y)1.79%
Cap/Sales(5y)2.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.61%
EPS 3Y17.06%
EPS 5Y26.43%
EPS Q2Q%10.97%
EPS Next Y19.34%
EPS Next 2Y17.99%
EPS Next 3Y17.44%
EPS Next 5YN/A
Revenue 1Y (TTM)21.86%
Revenue growth 3Y22.6%
Revenue growth 5Y20.11%
Sales Q2Q%13.24%
Revenue Next Year12.51%
Revenue Next 2Y12.65%
Revenue Next 3Y12.93%
Revenue Next 5YN/A
EBIT growth 1Y27.94%
EBIT growth 3Y29.46%
EBIT growth 5Y29.28%
EBIT Next Year29.69%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y0.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y0.8%
OCF growth 3YN/A
OCF growth 5YN/A