REMITLY GLOBAL INC (RELY) Stock Fundamental Analysis
NASDAQ:RELY - US75960P1049 - Common Stock
18.53 USD
+0.05 (+0.27%)
18.86 USD
+0.33 (+1.78%)
We assign a fundamental rating of 5 out of 10 to RELY. RELY was compared to 100 industry peers in the Financial Services industry. No worries on liquidiy or solvency for RELY as it has an excellent financial health rating, but there are worries on the profitability. RELY is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year RELY was profitable.
In the past year RELY had a positive cash flow from operations.
In the past 5 years RELY always reported negative net income.
In the past 5 years RELY reported 4 times negative operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.21%, RELY is in line with its industry, outperforming 48.00% of the companies in the same industry.
RELY has a Return On Equity of 1.84%. This is in the lower half of the industry: RELY underperforms 66.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.38%, RELY is in line with its industry, outperforming 51.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.21% | ||
| ROE | 1.84% | ||
| ROIC | 2.38% |
ROA(3y)-10.47%
ROA(5y)-9.32%
ROE(3y)-17.19%
ROE(5y)-15.62%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 0.96%, RELY is not doing good in the industry: 68.00% of the companies in the same industry are doing better.
RELY has a worse Operating Margin (1.66%) than 72.00% of its industry peers.
With a decent Gross Margin value of 65.86%, RELY is doing good in the industry, outperforming 78.00% of the companies in the same industry.
In the last couple of years the Gross Margin of RELY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.66% | ||
| PM (TTM) | 0.96% | ||
| GM | 65.86% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.19%
GM growth 5Y3.35%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so RELY is destroying value.
RELY has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, RELY has more shares outstanding
The debt/assets ratio for RELY has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 7.10 indicates that RELY is not in any danger for bankruptcy at the moment.
RELY has a better Altman-Z score (7.10) than 90.00% of its industry peers.
RELY has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
The Debt to FCF ratio of RELY (0.01) is better than 94.00% of its industry peers.
RELY has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.00, RELY belongs to the best of the industry, outperforming 91.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 7.1 |
ROIC/WACC0.27
WACC8.77%
2.3 Liquidity
A Current Ratio of 2.85 indicates that RELY has no problem at all paying its short term obligations.
RELY has a better Current ratio (2.85) than 83.00% of its industry peers.
A Quick Ratio of 2.85 indicates that RELY has no problem at all paying its short term obligations.
RELY has a Quick ratio of 2.85. This is amongst the best in the industry. RELY outperforms 84.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.85 | ||
| Quick Ratio | 2.85 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 110.71% over the past year.
Looking at the last year, RELY shows a very strong growth in Revenue. The Revenue has grown by 35.12%.
Measured over the past years, RELY shows a very strong growth in Revenue. The Revenue has been growing by 58.44% on average per year.
EPS 1Y (TTM)110.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%150%
Revenue 1Y (TTM)35.12%
Revenue growth 3Y40.21%
Revenue growth 5Y58.44%
Sales Q2Q%34.41%
3.2 Future
Based on estimates for the next years, RELY will show a very strong growth in Earnings Per Share. The EPS will grow by 89.31% on average per year.
The Revenue is expected to grow by 19.15% on average over the next years. This is quite good.
EPS Next Y164.42%
EPS Next 2Y91.98%
EPS Next 3Y61.01%
EPS Next 5Y89.31%
Revenue Next Year29.14%
Revenue Next 2Y24.97%
Revenue Next 3Y23.1%
Revenue Next 5Y19.15%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 308.83, the valuation of RELY can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of RELY indicates a rather expensive valuation: RELY more expensive than 80.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.08. RELY is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 57.86, the valuation of RELY can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RELY indicates a slightly more expensive valuation: RELY is more expensive than 78.00% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of RELY to the average of the S&P500 Index (22.72), we can say RELY is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 308.83 | ||
| Fwd PE | 57.86 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RELY is valued a bit more expensive than the industry average as 65.00% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of RELY indicates a somewhat cheap valuation: RELY is cheaper than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.41 | ||
| EV/EBITDA | 66.65 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates RELY does not grow enough to justify the current Price/Earnings ratio.
RELY's earnings are expected to grow with 61.01% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.88
PEG (5Y)N/A
EPS Next 2Y91.98%
EPS Next 3Y61.01%
5. Dividend
5.1 Amount
No dividends for RELY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.53
+0.05 (+0.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners78.76%
Inst Owner Change5.64%
Ins Owners3.24%
Ins Owner Change-1.37%
Market Cap3.82B
Analysts82.67
Price Target29.61 (59.79%)
Short Float %6.84%
Short Ratio3.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)574.86%
Min EPS beat(2)314.43%
Max EPS beat(2)835.29%
EPS beat(4)4
Avg EPS beat(4)332.25%
Min EPS beat(4)66.06%
Max EPS beat(4)835.29%
EPS beat(8)7
Avg EPS beat(8)171.72%
EPS beat(12)10
Avg EPS beat(12)116.91%
EPS beat(16)11
Avg EPS beat(16)74.03%
Revenue beat(2)2
Avg Revenue beat(2)3.48%
Min Revenue beat(2)1.97%
Max Revenue beat(2)4.98%
Revenue beat(4)4
Avg Revenue beat(4)2.57%
Min Revenue beat(4)0.48%
Max Revenue beat(4)4.98%
Revenue beat(8)4
Avg Revenue beat(8)0.55%
Revenue beat(12)8
Avg Revenue beat(12)1.48%
Revenue beat(16)11
Avg Revenue beat(16)2.2%
PT rev (1m)1.79%
PT rev (3m)7.54%
EPS NQ rev (1m)164.11%
EPS NQ rev (3m)-9.43%
EPS NY rev (1m)53.2%
EPS NY rev (3m)33.33%
Revenue NQ rev (1m)1.58%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)2.29%
Revenue NY rev (3m)2.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 308.83 | ||
| Fwd PE | 57.86 | ||
| P/S | 2.61 | ||
| P/FCF | 11.41 | ||
| P/OCF | 10.15 | ||
| P/B | 4.99 | ||
| P/tB | 5.43 | ||
| EV/EBITDA | 66.65 |
EPS(TTM)0.06
EY0.32%
EPS(NY)0.32
Fwd EY1.73%
FCF(TTM)1.62
FCFY8.76%
OCF(TTM)1.83
OCFY9.85%
SpS7.09
BVpS3.71
TBVpS3.41
PEG (NY)1.88
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.21% | ||
| ROE | 1.84% | ||
| ROCE | 3.03% | ||
| ROIC | 2.38% | ||
| ROICexc | 20.66% | ||
| ROICexgc | 60.61% | ||
| OM | 1.66% | ||
| PM (TTM) | 0.96% | ||
| GM | 65.86% | ||
| FCFM | 22.9% |
ROA(3y)-10.47%
ROA(5y)-9.32%
ROE(3y)-17.19%
ROE(5y)-15.62%
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 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.19%
GM growth 5Y3.35%
F-Score8
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0.06 | ||
| Cap/Depr | 187.9% | ||
| Cap/Sales | 2.85% | ||
| Interest Coverage | 5.06 | ||
| Cash Conversion | 809.86% | ||
| Profit Quality | 2377.61% | ||
| Current Ratio | 2.85 | ||
| Quick Ratio | 2.85 | ||
| Altman-Z | 7.1 |
F-Score8
WACC8.77%
ROIC/WACC0.27
Cap/Depr(3y)90.84%
Cap/Depr(5y)93.25%
Cap/Sales(3y)1.15%
Cap/Sales(5y)1.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)110.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%150%
EPS Next Y164.42%
EPS Next 2Y91.98%
EPS Next 3Y61.01%
EPS Next 5Y89.31%
Revenue 1Y (TTM)35.12%
Revenue growth 3Y40.21%
Revenue growth 5Y58.44%
Sales Q2Q%34.41%
Revenue Next Year29.14%
Revenue Next 2Y24.97%
Revenue Next 3Y23.1%
Revenue Next 5Y19.15%
EBIT growth 1Y123.45%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year454.37%
EBIT Next 3Y98.4%
EBIT Next 5Y81.86%
FCF growth 1Y275.81%
FCF growth 3YN/A
FCF growth 5Y170.09%
OCF growth 1Y306.14%
OCF growth 3YN/A
OCF growth 5Y87.29%