LOANDEPOT INC -CLASS A (LDI)
US53946R1068 - Common Stock
Overall LDI gets a fundamental rating of 2 out of 10. We evaluated LDI against 102 industry peers in the Financial Services industry. LDI may be in some trouble as it scores bad on both profitability and health. LDI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
LDI had negative earnings in the past year.
In the past year LDI has reported a negative cash flow from operations.
LDI had negative earnings in 4 of the past 5 years.
LDI had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of -1.79%, LDI is not doing good in the industry: 73.53% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -31.17%, LDI is doing worse than 83.33% of the companies in the same industry.
LDI has a Return On Invested Capital of 1.11%. This is comparable to the rest of the industry: LDI outperforms 44.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.79% | ||
| ROE | -31.17% | ||
| ROIC | 1.11% |
ROA(3y)-1.65%
ROA(5y)-0.99%
ROE(3y)-24.19%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
LDI has a Operating Margin of 6.22%. This is in the lower half of the industry: LDI underperforms 61.76% of its industry peers.
LDI's Operating Margin has declined in the last couple of years.
The Gross Margin of LDI (82.54%) is better than 89.22% of its industry peers.
In the last couple of years the Gross Margin of LDI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.22% | ||
| PM (TTM) | N/A | ||
| GM | 82.54% |
OM growth 3Y-49.47%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.85%
GM growth 5Y0.32%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LDI is destroying value.
LDI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for LDI has been reduced compared to 5 years ago.
The debt/assets ratio for LDI is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.32, we must say that LDI is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.32, LDI perfoms like the industry average, outperforming 45.10% of the companies in the same industry.
A Debt/Equity ratio of 11.95 is on the high side and indicates that LDI has dependencies on debt financing.
With a Debt to Equity ratio value of 11.95, LDI is not doing good in the industry: 91.18% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 11.95 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.32 |
ROIC/WACC0.15
WACC7.43%
2.3 Liquidity
A Current Ratio of 2.13 indicates that LDI has no problem at all paying its short term obligations.
LDI has a better Current ratio (2.13) than 79.41% of its industry peers.
A Quick Ratio of 2.13 indicates that LDI has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.13, LDI is doing good in the industry, outperforming 79.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.13 | ||
| Quick Ratio | 2.13 |
3. Growth
3.1 Past
LDI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 70.00%, which is quite impressive.
Looking at the last year, LDI shows a very negative growth in Revenue. The Revenue has decreased by -19.52% in the last year.
Measured over the past years, LDI shows a small growth in Revenue. The Revenue has been growing by 0.28% on average per year.
EPS 1Y (TTM)70%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q77.14%
Revenue 1Y (TTM)-19.52%
Revenue growth 3Y-35.17%
Revenue growth 5Y0.28%
Revenue growth Q2Q28.15%
3.2 Future
LDI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 40.51% yearly.
Based on estimates for the next years, LDI will show a quite strong growth in Revenue. The Revenue will grow by 14.09% on average per year.
EPS Next Y99.44%
EPS Next 2Y61.01%
EPS Next 3Y40.51%
EPS Next 5YN/A
Revenue Next Year12.75%
Revenue Next 2Y15.67%
Revenue Next 3Y14.09%
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.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for LDI. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
LDI's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 35.59 |
4.3 Compensation for Growth
LDI's earnings are expected to grow with 40.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y61.01%
EPS Next 3Y40.51%
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 -21.33%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.60, LDI pays a better dividend. On top of this LDI pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, LDI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.93% |
5.2 History
LDI does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
LDI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-2.71%
EPS Next 2Y61.01%
EPS Next 3Y40.51%
LOANDEPOT INC -CLASS A
NYSE:LDI (4/29/2024, 3:00:29 PM)
After market: 2.2 +0.06 (+2.8%)2.14
-0.22 (-9.32%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap691.41M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.93% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.79% | ||
| ROE | -31.17% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.22% | ||
| PM (TTM) | N/A | ||
| GM | 82.54% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 11.95 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.13 | ||
| Quick Ratio | 2.13 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)70%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y99.44%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-19.52%
Revenue growth 3Y-35.17%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y