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EPY

EarlypayASX:EPY Stock Report

Last Price

AU$0.45

Market Cap

AU$125.3m

7D

2.3%

1Y

17.1%

Updated

23 Jan, 2022

Data

Company Financials +
EPY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance5/6
Financial Health3/6
Dividends5/6

EPY Stock Overview

Earlypay Ltd provides financial solutions to businesses in Australia.

Earlypay Competitors

Butn

ASX:BTN

AU$51.2m

Amazon.com

NasdaqGS:AMZN

US$1.4t

PayPal Holdings

NasdaqGS:PYPL

US$192.1b

HSBC Holdings

LSE:HSBA

UK£101.6b

Price History & Performance

Summary of all time highs, changes and price drops for Earlypay
Historical stock prices
Current Share PriceAU$0.45
52 Week HighAU$0.53
52 Week LowAU$0.36
Beta0.72
1 Month Change4.71%
3 Month Change0%
1 Year Change17.11%
3 Year Change-3.26%
5 Year Change78.00%
Change since IPO111.91%

Recent News & Updates

Shareholder Returns

EPYAU Diversified FinancialAU Market
7D2.3%-4.6%-2.8%
1Y17.1%-20.9%5.8%

Return vs Industry: EPY exceeded the Australian Diversified Financial industry which returned -20.9% over the past year.

Return vs Market: EPY exceeded the Australian Market which returned 5.8% over the past year.

Price Volatility

Is EPY's price volatile compared to industry and market?
EPY volatility
EPY Average Weekly Movement4.8%
Diversified Financial Industry Average Movement5.6%
Market Average Movement8.6%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

Stable Share Price: EPY is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: EPY's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001n/aDaniel Rileyhttps://www.earlypay.com.au

Earlypay Ltd provides financial solutions to businesses in Australia. The company operates through Invoice Finance, Equipment Finance, and Other Services segments. It offers invoice factoring and discounting, and clean energy finance services, as well as business line of credit.

Earlypay Fundamentals Summary

How do Earlypay's earnings and revenue compare to its market cap?
EPY fundamental statistics
Market CapAU$125.25m
Earnings (TTM)AU$7.24m
Revenue (TTM)AU$43.87m

17.3x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EPY income statement (TTM)
RevenueAU$43.87m
Cost of RevenueAU$13.38m
Gross ProfitAU$30.49m
ExpensesAU$23.25m
EarningsAU$7.24m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.026
Gross Margin69.51%
Net Profit Margin16.50%
Debt/Equity Ratio352.5%

How did EPY perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

72%

Payout Ratio

Valuation

Is Earlypay undervalued compared to its fair value and its price relative to the market?

9.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EPY (A$0.45) is trading below our estimate of fair value (A$0.49)

Significantly Below Fair Value: EPY is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: EPY's PE Ratio (17.3x) is in line with the Australian Diversified Financial industry average.

PE vs Market: EPY is good value based on its PE Ratio (17.3x) compared to the Australian market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: EPY is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: EPY is overvalued based on its PB Ratio (2.1x) compared to the AU Diversified Financial industry average (1.1x).


Future Growth

How is Earlypay forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

26.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EPY's forecast earnings growth (26.4% per year) is above the savings rate (1.9%).

Earnings vs Market: EPY's earnings (26.4% per year) are forecast to grow faster than the Australian market (10.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EPY's revenue (15.5% per year) is forecast to grow faster than the Australian market (4.9% per year).

High Growth Revenue: EPY's revenue (15.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EPY's Return on Equity is forecast to be high in 3 years time (22.1%)


Past Performance

How has Earlypay performed over the past 5 years?

23.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EPY has high quality earnings.

Growing Profit Margin: EPY's current net profit margins (16.5%) are higher than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: EPY's earnings have grown significantly by 23% per year over the past 5 years.

Accelerating Growth: EPY's earnings growth over the past year (170.9%) exceeds its 5-year average (23% per year).

Earnings vs Industry: EPY earnings growth over the past year (170.9%) exceeded the Diversified Financial industry 26.8%.


Return on Equity

High ROE: EPY's Return on Equity (12.4%) is considered low.


Financial Health

How is Earlypay's financial position?


Financial Position Analysis

Short Term Liabilities: EPY's short term assets (A$259.7M) exceed its short term liabilities (A$223.8M).

Long Term Liabilities: EPY's short term assets (A$259.7M) exceed its long term liabilities (A$94.1M).


Debt to Equity History and Analysis

Debt Level: EPY's net debt to equity ratio (276%) is considered high.

Reducing Debt: EPY's debt to equity ratio has reduced from 578% to 352.5% over the past 5 years.

Debt Coverage: EPY's debt is not well covered by operating cash flow (2.3%).

Interest Coverage: EPY's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet


Dividend

What is Earlypay current dividend yield, its reliability and sustainability?

5.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EPY's dividend (5.84%) is higher than the bottom 25% of dividend payers in the Australian market (2.25%).

High Dividend: EPY's dividend (5.84%) is in the top 25% of dividend payers in the Australian market (5.56%)


Stability and Growth of Payments

Stable Dividend: EPY's dividend payments have been volatile in the past 10 years.

Growing Dividend: EPY's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (72.2%), EPY's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EPY's dividends in 3 years are forecast to be covered by earnings (60.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

Daniel Riley

11.25yrs

Tenure

AU$720,000

Compensation

Mr. Daniel Riley, B.Comm, CPA, has been Managing Director and Chief Executive Officer of Earlypay Ltd (formerly known as CML Group Limited) since October 1, 2010 and has been its Executive Director. Mr. Ri...


CEO Compensation Analysis

Compensation vs Market: Daniel's total compensation ($USD518.77K) is above average for companies of similar size in the Australian market ($USD291.61K).

Compensation vs Earnings: Daniel's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: EPY's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: EPY's board of directors are considered experienced (5.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EPY insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.6%.


Top Shareholders

Company Information

Earlypay Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Earlypay Ltd
  • Ticker: EPY
  • Exchange: ASX
  • Founded: 2001
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Implied Market Cap: AU$125.253m
  • Shares outstanding: 281.47m
  • Website: https://www.earlypay.com.au

Location

  • Earlypay Ltd
  • 201 Miller Street
  • Level 11
  • North Sydney
  • New South Wales
  • 2060
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 07:02
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.