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GSY

goeasy TSX:GSY Stock Report

Last Price

CA$124.92

Market Cap

CA$2.1b

7D

7.6%

1Y

-12.0%

Updated

29 Jan, 2023

Data

Company Financials +

goeasy Ltd.

TSX:GSY Stock Report

Mkt Cap: CA$2.1b

GSY Stock Overview

goeasy Ltd. provides non-prime leasing and lending services to consumers in Canada.

GSY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth6/6
Past Performance1/6
Financial Health2/6
Dividends4/6

Rewards

Trading at 40.8% below our estimate of its fair value

Earnings are forecast to grow 28.45% per year

Risk Analysis

Debt is not well covered by operating cash flow

High level of non-cash earnings

Dividend of 2.91% is not well covered

Profit margins (25.7%) are lower than last year (45.3%)


My Notes

New

Notes are coming soon

goeasy Ltd. Competitors

Currency Exchange International

TSX:CXI

CA$157.4m

Propel Holdings

TSX:PRL

CA$248.9m

Mint

TSXV:MIT

CA$23.6m

CI Financial

TSX:CIX

CA$3.0b

Price History & Performance

Summary of all time highs, changes and price drops for goeasy
Historical stock prices
Current Share PriceCA$124.92
52 Week HighCA$170.60
52 Week LowCA$95.00
Beta2.06
1 Month Change17.35%
3 Month Change13.02%
1 Year Change-12.03%
3 Year Change86.23%
5 Year Change238.17%
Change since IPO10,310.00%

Recent News & Updates

Recent updates

Here's Why I Think goeasy (TSE:GSY) Is An Interesting Stock

Apr 12
Here's Why I Think goeasy (TSE:GSY) Is An Interesting Stock

goeasy (TSE:GSY) Is Increasing Its Dividend To CA$0.91

Mar 10
goeasy (TSE:GSY) Is Increasing Its Dividend To CA$0.91

goeasy (TSE:GSY) Will Pay A Larger Dividend Than Last Year At CA$0.91

Feb 22
goeasy (TSE:GSY) Will Pay A Larger Dividend Than Last Year At CA$0.91

Here's Why We Think goeasy (TSE:GSY) Is Well Worth Watching

Dec 04
Here's Why We Think goeasy (TSE:GSY) Is Well Worth Watching

Here's Why I Think goeasy (TSE:GSY) Is An Interesting Stock

Aug 28
Here's Why I Think goeasy (TSE:GSY) Is An Interesting Stock

If You Like EPS Growth Then Check Out goeasy (TSE:GSY) Before It's Too Late

Apr 30
If You Like EPS Growth Then Check Out goeasy (TSE:GSY) Before It's Too Late

There's A Lot To Like About goeasy's (TSE:GSY) Upcoming CA$0.66 Dividend

Mar 20
There's A Lot To Like About goeasy's (TSE:GSY) Upcoming CA$0.66 Dividend

What Kind Of Shareholders Hold The Majority In goeasy Ltd.'s (TSE:GSY) Shares?

Mar 15
What Kind Of Shareholders Hold The Majority In goeasy Ltd.'s (TSE:GSY) Shares?

Trade Alert: The Independent Director Of goeasy Ltd. (TSE:GSY), Sean Morrison, Has Sold Some Shares Recently

Feb 24
Trade Alert: The Independent Director Of goeasy Ltd. (TSE:GSY), Sean Morrison, Has Sold Some Shares Recently

Earnings Beat: goeasy Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 19
Earnings Beat: goeasy Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

How Does goeasy Ltd. (TSE:GSY) Stand Up To These Simple Dividend Safety Checks?

Feb 15
How Does goeasy Ltd. (TSE:GSY) Stand Up To These Simple Dividend Safety Checks?

If You Like EPS Growth Then Check Out goeasy (TSE:GSY) Before It's Too Late

Jan 22
If You Like EPS Growth Then Check Out goeasy (TSE:GSY) Before It's Too Late

Shareholders of goeasy (TSE:GSY) Must Be Delighted With Their 490% Total Return

Jan 04
Shareholders of goeasy (TSE:GSY) Must Be Delighted With Their 490% Total Return

Why You Might Be Interested In goeasy Ltd. (TSE:GSY) For Its Upcoming Dividend

Dec 18
Why You Might Be Interested In goeasy Ltd. (TSE:GSY) For Its Upcoming Dividend

Farhan Khan Is The Senior Vice President of Corporate Development & Investor Relations of goeasy Ltd. (TSE:GSY) And They Just Picked Up 2,695% More Shares

Dec 07
Farhan Khan Is The Senior Vice President of Corporate Development & Investor Relations of goeasy Ltd. (TSE:GSY) And They Just Picked Up 2,695% More Shares

How Much Of goeasy Ltd. (TSE:GSY) Do Insiders Own?

Dec 04
How Much Of goeasy Ltd. (TSE:GSY) Do Insiders Own?

Shareholder Returns

GSYCA Consumer FinanceCA Market
7D7.6%6.4%0.6%
1Y-12.0%-31.0%-0.6%

Return vs Industry: GSY exceeded the Canadian Consumer Finance industry which returned -31% over the past year.

Return vs Market: GSY underperformed the Canadian Market which returned -0.6% over the past year.

Price Volatility

Is GSY's price volatile compared to industry and market?
GSY volatility
GSY Average Weekly Movement5.4%
Consumer Finance Industry Average Movement11.0%
Market Average Movement9.9%
10% most volatile stocks in CA Market19.2%
10% least volatile stocks in CA Market3.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
19902,300Jason Mullinshttps://www.goeasy.com

goeasy Ltd. provides non-prime leasing and lending services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, home equity, and auto loans; point-of-sale and small business financing; and value-added services.

goeasy Ltd. Fundamentals Summary

How do goeasy's earnings and revenue compare to its market cap?
GSY fundamental statistics
Market CapCA$2.05b
Earnings (TTM)CA$161.55m
Revenue (TTM)CA$627.43m

12.7x

P/E Ratio

3.3x

P/S Ratio

Is GSY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GSY income statement (TTM)
RevenueCA$627.43m
Cost of RevenueCA$0
Gross ProfitCA$627.43m
Other ExpensesCA$465.88m
EarningsCA$161.55m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.82
Gross Margin100.00%
Net Profit Margin25.75%
Debt/Equity Ratio268.5%

How did GSY perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

34%

Payout Ratio