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Elevate Credit

DB:0EV
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0EV
DB
$196M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States and the United Kingdom. The last earnings update was 41 days ago. More info.


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0EV Share Price and Events
7 Day Returns
-2.1%
DB:0EV
2.9%
Europe Consumer Finance
2.3%
DE Market
1 Year Returns
-
DB:0EV
-16.4%
Europe Consumer Finance
-7.2%
DE Market
0EV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Elevate Credit (0EV) -2.1% 5.7% -4.5% - - -
Europe Consumer Finance 2.9% 1.1% 2.3% -16.4% -43.2% -29.6%
DE Market 2.3% 3.1% 8.8% -7.2% 9.3% 12.3%
1 Year Return vs Industry and Market
  • No trading data on 0EV.
  • No trading data on 0EV.
Price Volatility
0EV
Industry
5yr Volatility vs Market

0EV Value

 Is Elevate Credit undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Elevate Credit to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Elevate Credit.

DB:0EV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 4 analysts.
= Stable Book Value * Return on Equity
= $3.87 * 20.9%
$0.81
Book Value of Equity per Share Weighted future Book Value estimates from 4 analysts. $3.87
Discount Rate (Cost of Equity) See below 11.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:0EV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.685 (1 + (1- 21%) (286.44%))
1.827
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.827 * 5.96%)
11.12%

Discounted Cash Flow Calculation for DB:0EV using Excess Returns Model Model

The calculations below outline how an intrinsic value for Elevate Credit is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:0EV Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (20.9% – 11.12%) * $3.87)
$0.38
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.38 / (11.12% - 0.23%)
$3.45
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $3.87 + $3.45
$7.32
DB:0EV Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:0EV represents 0.87484x of NYSE:ELVT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87484x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 7.32 x 0.87484
€6.40
Value per share (EUR) From above. €6.40
Current discount Discount to share price of €3.96
= -1 x (€3.96 - €6.40) / €6.40
38.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Elevate Credit is available for.
Intrinsic value
38%
Share price is €3.96 vs Future cash flow value of €6.4
Current Discount Checks
For Elevate Credit to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Elevate Credit's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Elevate Credit's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Elevate Credit's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Elevate Credit's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0EV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.29
NYSE:ELVT Share Price ** NYSE (2019-04-17) in USD $4.53
Europe Consumer Finance Industry PE Ratio Median Figure of 27 Publicly-Listed Consumer Finance Companies 10.77x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Elevate Credit.

DB:0EV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:ELVT Share Price ÷ EPS (both in USD)

= 4.53 ÷ 0.29

15.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Elevate Credit is overvalued based on earnings compared to the Europe Consumer Finance industry average.
  • Elevate Credit is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Elevate Credit's expected growth come at a high price?
Raw Data
DB:0EV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
33.8%per year
Europe Consumer Finance Industry PEG Ratio Median Figure of 15 Publicly-Listed Consumer Finance Companies 0.62x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:0EV PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.5x ÷ 33.8%

0.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Elevate Credit is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Elevate Credit's assets?
Raw Data
DB:0EV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $2.70
NYSE:ELVT Share Price * NYSE (2019-04-17) in USD $4.53
Europe Consumer Finance Industry PB Ratio Median Figure of 36 Publicly-Listed Consumer Finance Companies 1.32x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:0EV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:ELVT Share Price ÷ Book Value per Share (both in USD)

= 4.53 ÷ 2.70

1.68x

* Primary Listing of Elevate Credit.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Elevate Credit is overvalued based on assets compared to the Europe Consumer Finance industry average.
X
Value checks
We assess Elevate Credit's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Elevate Credit has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

0EV Future Performance

 How is Elevate Credit expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Elevate Credit expected to grow at an attractive rate?
  • Elevate Credit's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Elevate Credit's earnings growth is expected to exceed the Germany market average.
  • Elevate Credit's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0EV Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0EV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 33.8%
DB:0EV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 6.1%
Europe Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 16.4%
Europe Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:0EV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0EV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 891 38 1
2020-12-31 908 35 6
2019-12-31 819 26 7
DB:0EV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 787 362 13
2018-09-30 773 356 -4
2018-06-30 744 336 1
2018-03-31 710 320 1
2017-12-31 673 309 -7
2017-09-30 649 283 1
2017-06-30 630 265 -16
2017-03-31 606 264 -26
2016-12-31 580 249 -22
2016-09-30 545 225 -18
2016-06-30 511 198 -17
2016-03-31 475 165 -15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Elevate Credit's earnings are expected to grow significantly at over 20% yearly.
  • Elevate Credit's revenue is expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:0EV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Elevate Credit Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0EV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.86 0.87 0.85 2.00
2020-12-31 0.76 0.90 0.66 5.00
2019-12-31 0.58 0.61 0.54 6.00
DB:0EV Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.29
2018-09-30 -0.09
2018-06-30 0.02
2018-03-31 0.02
2017-12-31 -0.20
2017-09-30 0.03
2017-06-30 -0.82
2017-03-31 -2.04
2016-12-31 -1.74
2016-09-30 -1.38
2016-06-30 -1.30
2016-03-31 -1.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Elevate Credit is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Elevate Credit's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Elevate Credit has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

0EV Past Performance

  How has Elevate Credit performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Elevate Credit's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Elevate Credit has delivered over 20% year on year earnings growth in the past 5 years.
  • Elevate Credit has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Elevate Credit has become profitable in the last year making it difficult to compare the Europe Consumer Finance industry average.
Earnings and Revenue History
Elevate Credit's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Elevate Credit Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0EV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 786.68 12.51 157.23
2018-09-30 772.84 -3.82 151.99
2018-06-30 744.21 1.01 144.49
2018-03-31 710.30 0.90 141.04
2017-12-31 673.13 -6.92 137.07
2017-09-30 648.71 0.86 130.47
2017-06-30 629.78 -15.98 128.36
2017-03-31 606.09 -26.50 122.73
2016-12-31 580.44 -22.37 117.48
2016-09-30 545.12 -17.71 117.03
2016-06-30 510.63 -16.52 112.49
2016-03-31 475.22 -15.02 108.06
2015-12-31 434.01 -19.91 102.96
2015-09-30 394.33 -30.90 99.43
2015-06-30 352.03 -30.13 94.09
2015-03-31 311.94 -39.00 87.19
2014-12-31 273.72 -54.76 82.08
2013-12-31 72.10 -43.36 45.82

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Elevate Credit has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Elevate Credit used its assets more efficiently than the Europe Consumer Finance industry average last year based on Return on Assets.
  • Elevate Credit has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Elevate Credit's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Elevate Credit has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

0EV Health

 How is Elevate Credit's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Elevate Credit's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Elevate Credit is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Elevate Credit's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Elevate Credit's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Elevate Credit Company Filings, last reported 3 months ago.

DB:0EV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 116.79 562.59 58.73
2018-09-30 111.05 548.96 56.03
2018-06-30 113.81 525.34 71.38
2018-03-31 109.25 521.96 90.28
2017-12-31 96.16 513.30 41.14
2017-09-30 105.85 476.54 53.47
2017-06-30 102.82 448.94 81.20
2017-03-31 19.29 511.27 97.23
2016-12-31 13.57 493.50 53.57
2016-09-30 16.11 451.72 53.50
2016-06-30
2016-03-31 39.47 357.35 72.87
2015-12-31 33.38 339.34 29.05
2015-09-30 30.85 297.62 33.11
2015-06-30 45.52 205.18 14.58
2015-03-31 52.19 175.29 29.52
2014-12-31 52.19 175.29 29.52
2013-12-31 93.90 0.00 4.42
  • Elevate Credit's level of debt (481.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.5% vs 481.7% today).
  • Debt is well covered by operating cash flow (64.4%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Elevate Credit's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Elevate Credit has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

0EV Dividends

 What is Elevate Credit's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Elevate Credit dividends. Estimated to be 0% next year.
If you bought €2,000 of Elevate Credit shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Elevate Credit's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Elevate Credit's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:0EV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
Europe Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 3.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:0EV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Elevate Credit has not reported any payouts.
  • Unable to verify if Elevate Credit's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Elevate Credit's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Elevate Credit has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Elevate Credit's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Elevate Credit's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Elevate Credit afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Elevate Credit has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

0EV Management

 What is the CEO of Elevate Credit's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ken Rees
COMPENSATION $3,641,295
AGE 55
TENURE AS CEO 5.3 years
CEO Bio

Mr. Kenneth Earl Rees, also known as Ken, serves as Chief Executive Officer and Chairman of the Board of Directors of Elevate Credit, Inc. since 2014. Prior to this, he was the founder and CEO of CashWorks, Inc. Earlier in his career, he ran CSC Index’s West Coast financial services consulting practice. He holds a BA in Mathematics from Reed College and earned his MBA in Finance and Statistics from the University of Chicago. In 2012, he was selected by Ernst & Young as an Entrepreneur of the Year and was named a 2017 Innovator to Watch by Bank Innovation.

CEO Compensation
  • Ken's compensation has been consistent with company performance over the past year.
  • Ken's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Elevate Credit management team in years:

4.8
Average Tenure
50
Average Age
  • The tenure for the Elevate Credit management team is about average.
Management Team

Ken Rees

TITLE
Chairman & CEO
COMPENSATION
$4M
AGE
55
TENURE
5.3 yrs

Chris Lutes

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
50
TENURE
4.3 yrs

Jason Harvison

TITLE
COO, Treasurer & Company Secretary
COMPENSATION
$2M
AGE
42
TENURE
5.3 yrs

Chad Bradford

TITLE
Chief Accounting Officer & Senior VP of Finance
AGE
47
TENURE
5.3 yrs

Joan Kuehl

TITLE
Chief Information Officer
AGE
61
TENURE
3.1 yrs

Sarah Cutrona

TITLE
Chief Counsel
AGE
57
TENURE
5.3 yrs

Sharon Clarey

TITLE
Executive VP & Chief Human Resources Officer
AGE
57

Eric Von Dohlen

TITLE
Chief Analytics Officer
AGE
50

David Peterson

TITLE
Chief Credit Officer
AGE
36
TENURE
0.4 yrs

Kathleen Vanderkolk

TITLE
Chief Risk Officer
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Elevate Credit board of directors in years:

4.8
Average Tenure
67
Average Age
  • The tenure for the Elevate Credit board of directors is about average.
Board of Directors

Ken Rees

TITLE
Chairman & CEO
COMPENSATION
$4M
AGE
55
TENURE
5.3 yrs

Stephen Galasso

TITLE
Director
COMPENSATION
$216K
AGE
69
TENURE
4.9 yrs

Tyler W. Head

TITLE
Director
COMPENSATION
$160K
AGE
42
TENURE
4.8 yrs

Steven Shaper

TITLE
Director
COMPENSATION
$216K
AGE
81
TENURE
4.9 yrs

Saundra Schrock

TITLE
Director
COMPENSATION
$163K
AGE
65
TENURE
2.9 yrs

John Dean

TITLE
Lead Director
COMPENSATION
$170K
AGE
70
TENURE
1.3 yrs

Bob Johnson

TITLE
Director
COMPENSATION
$155K
AGE
72
TENURE
4.9 yrs

Brad Strock

TITLE
Director
COMPENSATION
$456K
AGE
55
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
29. Nov 18 Buy John Dean Individual 27. Nov 18 28. Nov 18 33,000 €4.05 €132,284
10. Nov 18 Buy Bradley Strock Individual 07. Nov 18 07. Nov 18 15,000 €3.86 €57,918
10. Nov 18 Sell Tyler W. Head Individual 07. Nov 18 09. Nov 18 -356,494 €3.86 €-1,371,376
05. Nov 18 Buy Stephen Shaper Individual 01. Nov 18 01. Nov 18 5,000 €3.73 €18,651
01. Nov 18 Sell Tyler W. Head Individual 30. Oct 18 30. Oct 18 -558,650 €3.40 €-1,897,838
14. May 18 Sell Startup Capital Ventures, L.P. Company 11. May 18 14. May 18 -57,599 €7.09 €-407,228
11. May 18 Sell Startup Capital Ventures, L.P. Company 10. May 18 10. May 18 -26,154 €7.10 €-185,576
10. May 18 Sell Startup Capital Ventures, L.P. Company 08. May 18 09. May 18 -55,889 €7.10 €-396,384
08. May 18 Sell Startup Capital Ventures, L.P. Company 02. May 18 07. May 18 -216,263 €7.12 €-1,538,334
X
Management checks
We assess Elevate Credit's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Elevate Credit has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

0EV News

Simply Wall St News

0EV Company Info

Description

Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States and the United Kingdom. The company offers unsecured online installment loans, lines of credit, and credit cards. Its products include Rise installment loan and line of credit products; Elastic, a line of credit product; Sunny, an installment loan product; and Today Card, a credit card product. The company was incorporated in 2014 and is headquartered in Fort Worth, Texas.

Details
Name: Elevate Credit, Inc.
0EV
Exchange: DB
Founded: 2014
$173,803,930
43,357,796
Website: http://www.elevate.com
Address: Elevate Credit, Inc.
4150 International Plaza,
Suite 300,
Fort Worth,
Texas, 76109,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ELVT Common Stock New York Stock Exchange US USD 06. Apr 2017
DB 0EV Common Stock Deutsche Boerse AG DE EUR 06. Apr 2017
Number of employees
Current staff
Staff numbers
685
Elevate Credit employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 00:25
End of day share price update: 2019/04/17 00:00
Last estimates confirmation: 2019/04/09
Last earnings filing: 2019/03/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.