LOANDEPOT INC -CLASS A (LDI) Stock Fundamental Analysis
NYSE:LDI - New York Stock Exchange, Inc. - US53946R1068 - Common Stock - Currency: USD
Overall LDI gets a fundamental rating of 2 out of 10. We evaluated LDI against 99 industry peers in the Financial Services industry. Both the profitability and financial health of LDI have multiple concerns. LDI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LDI has reported negative net income.
LDI had a negative operating cash flow in the past year.
LDI had negative earnings in 4 of the past 5 years.
In the past 5 years LDI reported 4 times negative operating cash flow.
1.2 Ratios
LDI has a Return On Assets of -1.34%. This is amonst the worse of the industry: LDI underperforms 84.85% of its industry peers.
The Return On Equity of LDI (-32.87%) is worse than 89.90% of its industry peers.
The Return On Invested Capital of LDI (2.91%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.34% | ||
| ROE | -32.87% | ||
| ROIC | 2.91% |
ROA(3y)-2.49%
ROA(5y)-1.3%
ROE(3y)-43.42%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of LDI (13.64%) is comparable to the rest of the industry.
LDI's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 81.28%, LDI belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
LDI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.64% | ||
| PM (TTM) | N/A | ||
| GM | 81.28% |
OM growth 3Y-22%
OM growth 5Y1.11%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.84%
GM growth 5Y-0.54%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LDI is destroying value.
Compared to 1 year ago, LDI has more shares outstanding
Compared to 5 years ago, LDI has more shares outstanding
LDI has a worse debt/assets ratio than last year.
2.2 Solvency
LDI has an Altman-Z score of -0.30. This is a bad value and indicates that LDI is not financially healthy and even has some risk of bankruptcy.
LDI has a Altman-Z score of -0.30. This is in the lower half of the industry: LDI underperforms 71.72% of its industry peers.
LDI has a Debt/Equity ratio of 15.04. This is a high value indicating a heavy dependency on external financing.
LDI has a worse Debt to Equity ratio (15.04) than 89.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 15.04 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.3 |
ROIC/WACC0.45
WACC6.47%
2.3 Liquidity
LDI has a Current Ratio of 0.17. This is a bad value and indicates that LDI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of LDI (0.17) is worse than 71.72% of its industry peers.
LDI has a Quick Ratio of 0.17. This is a bad value and indicates that LDI is not financially healthy enough and could expect problems in meeting its short term obligations.
LDI has a worse Quick ratio (0.17) than 71.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.26% over the past year.
LDI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.83%.
LDI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.20% yearly.
EPS 1Y (TTM)10.26%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%33.33%
Revenue 1Y (TTM)12.83%
Revenue growth 3Y-31.36%
Revenue growth 5Y-2.2%
Sales Q2Q%18.52%
3.2 Future
The Earnings Per Share is expected to grow by 41.64% on average over the next years. This is a very strong growth
LDI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.40% yearly.
EPS Next Y74.62%
EPS Next 2Y54.04%
EPS Next 3Y41.64%
EPS Next 5YN/A
Revenue Next Year11.12%
Revenue Next 2Y13.07%
Revenue Next 3Y14.4%
Revenue Next 5YN/A
3.3 Evolution
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
The Price/Earnings Ratio is negative for LDI. In the last year negative earnings were reported.
LDI is valuated reasonably with a Price/Forward Earnings ratio of 8.25.
63.64% of the companies in the same industry are more expensive than LDI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.30. LDI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 8.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LDI is valued a bit cheaper than 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.23 |
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.
LDI's earnings are expected to grow with 41.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y54.04%
EPS Next 3Y41.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 18.93%, LDI is a good candidate for dividend investing.
In the last 3 months the price of LDI has falen by -33.33%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
LDI's Dividend Yield is rather good when compared to the industry average which is at 4.90. LDI pays more dividend than 98.99% of the companies in the same industry.
LDI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.93% |
5.2 History
LDI is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of LDI are negative and hence is the payout ratio. LDI will probably not be able to sustain this dividend level.
DP-5.14%
EPS Next 2Y54.04%
EPS Next 3Y41.64%
1.2
-0.06 (-4.76%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners32.55%
Inst Owner Change-12.92%
Ins Owners12.67%
Ins Owner Change10.64%
Market Cap395.89M
Analysts50
Price Target1.85 (54.17%)
Short Float %2.22%
Short Ratio1.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.93% |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP-5.14%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5888.6%
Min EPS beat(2)-11781.2%
Max EPS beat(2)3.99%
EPS beat(4)3
Avg EPS beat(4)-2896.52%
Min EPS beat(4)-11781.2%
Max EPS beat(4)147.15%
EPS beat(8)5
Avg EPS beat(8)-1461.26%
EPS beat(12)6
Avg EPS beat(12)-988.85%
EPS beat(16)7
Avg EPS beat(16)-812.37%
Revenue beat(2)0
Avg Revenue beat(2)-9.63%
Min Revenue beat(2)-17.79%
Max Revenue beat(2)-1.48%
Revenue beat(4)2
Avg Revenue beat(4)-0.69%
Min Revenue beat(4)-17.79%
Max Revenue beat(4)12.86%
Revenue beat(8)4
Avg Revenue beat(8)0.6%
Revenue beat(12)8
Avg Revenue beat(12)8.79%
Revenue beat(16)12
Avg Revenue beat(16)9.83%
PT rev (1m)0%
PT rev (3m)-30.62%
EPS NQ rev (1m)-83.33%
EPS NQ rev (3m)-155%
EPS NY rev (1m)-88.46%
EPS NY rev (3m)-156.32%
Revenue NQ rev (1m)-4.48%
Revenue NQ rev (3m)-8.53%
Revenue NY rev (1m)-3.06%
Revenue NY rev (3m)-8.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 8.25 | ||
| P/S | 0.27 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.51 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | 8.23 |
EPS(TTM)-0.35
EYN/A
EPS(NY)0.15
Fwd EY12.12%
FCF(TTM)-2.41
FCFYN/A
OCF(TTM)-2.32
OCFYN/A
SpS4.44
BVpS0.79
TBVpS0.79
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.34% | ||
| ROE | -32.87% | ||
| ROCE | 6.78% | ||
| ROIC | 2.91% | ||
| ROICexc | 3.12% | ||
| ROICexgc | 4.65% | ||
| OM | 13.64% | ||
| PM (TTM) | N/A | ||
| GM | 81.28% | ||
| FCFM | N/A |
ROA(3y)-2.49%
ROA(5y)-1.3%
ROE(3y)-43.42%
ROE(5y)N/A
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 3Y-35.04%
ROICexcg growth 5Y-4.43%
ROICexc growth 3Y-30.68%
ROICexc growth 5Y-2.4%
OM growth 3Y-22%
OM growth 5Y1.11%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.84%
GM growth 5Y-0.54%
F-Score3
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 15.04 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 15.85 | ||
| Cap/Depr | 59.03% | ||
| Cap/Sales | 1.94% | ||
| Interest Coverage | 0.66 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | -0.3 |
F-Score3
WACC6.47%
ROIC/WACC0.45
Cap/Depr(3y)65.19%
Cap/Depr(5y)88.58%
Cap/Sales(3y)2.05%
Cap/Sales(5y)1.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.26%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%33.33%
EPS Next Y74.62%
EPS Next 2Y54.04%
EPS Next 3Y41.64%
EPS Next 5YN/A
Revenue 1Y (TTM)12.83%
Revenue growth 3Y-31.36%
Revenue growth 5Y-2.2%
Sales Q2Q%18.52%
Revenue Next Year11.12%
Revenue Next 2Y13.07%
Revenue Next 3Y14.4%
Revenue Next 5YN/A
EBIT growth 1Y80.15%
EBIT growth 3Y-46.46%
EBIT growth 5Y-1.12%
EBIT Next Year384.06%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-122.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-121.8%
OCF growth 3YN/A
OCF growth 5YN/A