UPSTART HOLDINGS INC (UPST) Stock Fundamental Analysis
NASDAQ:UPST • US91680M1071
28.27 USD
-0.01 (-0.04%)
Last: Mar 3, 2026, 01:04 PM
Taking everything into account, UPST scores 4 out of 10 in our fundamental rating. UPST was compared to 54 industry peers in the Consumer Finance industry. UPST may be in some trouble as it scores bad on both profitability and health. UPST is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
- UPST had positive earnings in the past year.
- UPST had a negative operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: UPST reported negative net income in multiple years.
- In multiple years UPST reported negative operating cash flow during the last 5 years.
1.2 Ratios
- With a Return On Assets value of 1.80%, UPST perfoms like the industry average, outperforming 42.59% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 6.71%, UPST is doing worse than 74.07% of the companies in the same industry.
- With a Return On Invested Capital value of 1.27%, UPST perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.8% | ||
| ROE | 6.71% | ||
| ROIC | 1.27% |
ROA(3y)-5.18%
ROA(5y)-2.74%
ROE(3y)-17.13%
ROE(5y)-10.15%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- UPST has a Profit Margin of 5.13%. This is in the lower half of the industry: UPST underperforms 74.07% of its industry peers.
- UPST's Profit Margin has improved in the last couple of years.
- UPST has a worse Operating Margin (4.08%) than 62.96% of its industry peers.
- In the last couple of years the Operating Margin of UPST has declined.
- UPST has a better Gross Margin (81.95%) than 77.78% of its industry peers.
- In the last couple of years the Gross Margin of UPST has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.08% | ||
| PM (TTM) | 5.13% | ||
| GM | 81.95% |
OM growth 3YN/A
OM growth 5Y-4.12%
PM growth 3YN/A
PM growth 5Y14.91%
GM growth 3Y1.8%
GM growth 5Y-0.47%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UPST is destroying value.
- UPST has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, UPST has more shares outstanding
- The debt/assets ratio for UPST is higher compared to a year ago.
2.2 Solvency
- UPST has an Altman-Z score of 1.14. This is a bad value and indicates that UPST is not financially healthy and even has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.14, UPST is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- UPST has a Debt/Equity ratio of 2.29. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 2.29, UPST is in line with its industry, outperforming 57.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.29 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.14 |
ROIC/WACC0.2
WACC6.3%
2.3 Liquidity
- A Current Ratio of 2.15 indicates that UPST has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 2.15, UPST is in the better half of the industry, outperforming 74.07% of the companies in the same industry.
- UPST has a Quick Ratio of 2.15. This indicates that UPST is financially healthy and has no problem in meeting its short term obligations.
- The Quick ratio of UPST (2.15) is better than 74.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.15 |
3. Growth
3.1 Past
- UPST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 685.71%, which is quite impressive.
- UPST shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 44.19% yearly.
- Looking at the last year, UPST shows a very strong growth in Revenue. The Revenue has grown by 63.99%.
- Measured over the past years, UPST shows a very strong growth in Revenue. The Revenue has been growing by 34.93% on average per year.
EPS 1Y (TTM)685.71%
EPS 3Y132.79%
EPS 5Y44.19%
EPS Q2Q%76.92%
Revenue 1Y (TTM)63.99%
Revenue growth 3Y7.41%
Revenue growth 5Y34.93%
Sales Q2Q%48.54%
3.2 Future
- UPST is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.55% yearly.
- The Revenue is expected to grow by 21.38% on average over the next years. This is a very strong growth
EPS Next Y48.89%
EPS Next 2Y36.68%
EPS Next 3Y33.09%
EPS Next 5Y30.55%
Revenue Next Year36.42%
Revenue Next 2Y34.18%
Revenue Next 3Y29.47%
Revenue Next 5Y21.38%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
- A Price/Earnings ratio of 17.24 indicates a rather expensive valuation of UPST.
- Compared to the rest of the industry, the Price/Earnings ratio of UPST indicates a slightly more expensive valuation: UPST is more expensive than 64.81% of the companies listed in the same industry.
- UPST is valuated rather cheaply when we compare the Price/Earnings ratio to 27.13, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 11.58, the valuation of UPST can be described as very reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of UPST is on the same level as its industry peers.
- UPST is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.24 | ||
| Fwd PE | 11.58 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, UPST is valued a bit more expensive than the industry average as 64.81% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 58.22 |
4.3 Compensation for Growth
- UPST's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- UPST's earnings are expected to grow with 33.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)0.39
EPS Next 2Y36.68%
EPS Next 3Y33.09%
5. Dividend
5.1 Amount
- UPST does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:UPST (3/3/2026, 1:04:04 PM)
28.27
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)02-10 2026-02-10/amc
Earnings (Next)05-04 2026-05-04
Inst Owners72.65%
Inst Owner Change-4.24%
Ins Owners12.27%
Ins Owner Change-2.16%
Market Cap2.75B
Revenue(TTM)1.04B
Net Income(TTM)53.60M
Analysts74.29
Price Target55.73 (97.13%)
Short Float %27.59%
Short Ratio4.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)1
Avg EPS beat(2)9.4%
Min EPS beat(2)-2.1%
Max EPS beat(2)20.91%
EPS beat(4)3
Avg EPS beat(4)31.54%
Min EPS beat(4)-2.1%
Max EPS beat(4)69.47%
EPS beat(8)7
Avg EPS beat(8)116.52%
EPS beat(12)10
Avg EPS beat(12)82.03%
EPS beat(16)12
Avg EPS beat(16)48.36%
Revenue beat(2)1
Avg Revenue beat(2)-1.16%
Min Revenue beat(2)-2.85%
Max Revenue beat(2)0.53%
Revenue beat(4)3
Avg Revenue beat(4)3.62%
Min Revenue beat(4)-2.85%
Max Revenue beat(4)11.92%
Revenue beat(8)7
Avg Revenue beat(8)3.99%
Revenue beat(12)8
Avg Revenue beat(12)2.34%
Revenue beat(16)10
Avg Revenue beat(16)1.3%
PT rev (1m)-9.28%
PT rev (3m)-8.93%
EPS NQ rev (1m)-22.72%
EPS NQ rev (3m)-19.81%
EPS NY rev (1m)-0.78%
EPS NY rev (3m)-4.73%
Revenue NQ rev (1m)7.28%
Revenue NQ rev (3m)8.69%
Revenue NY rev (1m)10.24%
Revenue NY rev (3m)5.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.24 | ||
| Fwd PE | 11.58 | ||
| P/S | 2.63 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.44 | ||
| P/tB | 3.8 | ||
| EV/EBITDA | 58.22 |
EPS(TTM)1.64
EY5.8%
EPS(NY)2.44
Fwd EY8.64%
FCF(TTM)-1.71
FCFYN/A
OCF(TTM)-1.52
OCFYN/A
SpS10.73
BVpS8.21
TBVpS7.44
PEG (NY)0.35
PEG (5Y)0.39
Graham Number17.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.8% | ||
| ROE | 6.71% | ||
| ROCE | 1.61% | ||
| ROIC | 1.27% | ||
| ROICexc | 1.69% | ||
| ROICexgc | 2.24% | ||
| OM | 4.08% | ||
| PM (TTM) | 5.13% | ||
| GM | 81.95% | ||
| FCFM | N/A |
ROA(3y)-5.18%
ROA(5y)-2.74%
ROE(3y)-17.13%
ROE(5y)-10.15%
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
ROICexgc growth 3YN/A
ROICexgc growth 5Y-23.69%
ROICexc growth 3YN/A
ROICexc growth 5Y-25.93%
OM growth 3YN/A
OM growth 5Y-4.12%
PM growth 3YN/A
PM growth 5Y14.91%
GM growth 3Y1.8%
GM growth 5Y-0.47%
F-Score5
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.29 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 27.11 | ||
| Cap/Depr | 74.12% | ||
| Cap/Sales | 1.76% | ||
| Interest Coverage | 0.98 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.15 | ||
| Altman-Z | 1.14 |
F-Score5
WACC6.3%
ROIC/WACC0.2
Cap/Depr(3y)57.09%
Cap/Depr(5y)108.25%
Cap/Sales(3y)1.9%
Cap/Sales(5y)2.04%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)685.71%
EPS 3Y132.79%
EPS 5Y44.19%
EPS Q2Q%76.92%
EPS Next Y48.89%
EPS Next 2Y36.68%
EPS Next 3Y33.09%
EPS Next 5Y30.55%
Revenue 1Y (TTM)63.99%
Revenue growth 3Y7.41%
Revenue growth 5Y34.93%
Sales Q2Q%48.54%
Revenue Next Year36.42%
Revenue Next 2Y34.18%
Revenue Next 3Y29.47%
Revenue Next 5Y21.38%
EBIT growth 1Y124.66%
EBIT growth 3YN/A
EBIT growth 5Y29.37%
EBIT Next Year625.29%
EBIT Next 3Y137.23%
EBIT Next 5Y94.41%
FCF growth 1Y-194.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-179.28%
OCF growth 3YN/A
OCF growth 5YN/A
UPSTART HOLDINGS INC / UPST FAQ
What is the fundamental rating for UPST stock?
ChartMill assigns a fundamental rating of 4 / 10 to UPST.
What is the valuation status of UPSTART HOLDINGS INC (UPST) stock?
ChartMill assigns a valuation rating of 4 / 10 to UPSTART HOLDINGS INC (UPST). This can be considered as Fairly Valued.
Can you provide the profitability details for UPSTART HOLDINGS INC?
UPSTART HOLDINGS INC (UPST) has a profitability rating of 3 / 10.
What are the PE and PB ratios of UPSTART HOLDINGS INC (UPST) stock?
The Price/Earnings (PE) ratio for UPSTART HOLDINGS INC (UPST) is 17.24 and the Price/Book (PB) ratio is 3.44.
How financially healthy is UPSTART HOLDINGS INC?
The financial health rating of UPSTART HOLDINGS INC (UPST) is 3 / 10.