Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States and the United Kingdom.
Very undervalued with solid track record.
Share Price & News
How has Elevate Credit's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0EV's share price has been volatile over the past 3 months.
7 Day Return
DE Consumer Finance
1 Year Return
DE Consumer Finance
Return vs Industry: 0EV underperformed the German Consumer Finance industry which returned -11.3% over the past year.
Return vs Market: 0EV underperformed the German Market which returned 14.4% over the past year.
Price Volatility Vs. Market
How volatile is Elevate Credit's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Elevate Credit undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0EV (€3.62) is trading below our estimate of fair value (€9.67)
Significantly Below Fair Value: 0EV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0EV is good value based on its PE Ratio (5.4x) compared to the Consumer Finance industry average (11.2x).
PE vs Market: 0EV is good value based on its PE Ratio (5.4x) compared to the German market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: 0EV is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: 0EV is good value based on its PB Ratio (1.1x) compared to the XE Consumer Finance industry average (1.3x).
How is Elevate Credit forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0EV's forecast earnings growth (15.3% per year) is above the savings rate (-0.4%).
Earnings vs Market: 0EV's earnings (15.3% per year) are forecast to grow faster than the German market (13.3% per year).
High Growth Earnings: 0EV's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0EV's revenue (5.1% per year) is forecast to grow faster than the German market (5% per year).
High Growth Revenue: 0EV's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0EV's Return on Equity is forecast to be high in 3 years time (20.9%)
How has Elevate Credit performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0EV has high quality earnings.
Growing Profit Margin: 0EV's current net profit margins (4.3%) are higher than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: 0EV has become profitable over the past 5 years, growing earnings by 69.9% per year.
Accelerating Growth: 0EV's earnings growth over the past year (157.3%) exceeds its 5-year average (69.9% per year).
Earnings vs Industry: 0EV earnings growth over the past year (157.3%) exceeded the Consumer Finance industry 18.3%.
Return on Equity
High ROE: Whilst 0EV's Return on Equity (20.57%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
How is Elevate Credit's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0EV has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0EV's debt is covered by short term assets (assets are 1.3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 0EV is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: 0EV is profitable, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: 0EV's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 0EV has a sufficient allowance for bad loans.
Low Risk Liabilities: 0EV reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 0EV has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0EV has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0EV has an appropriate level of bad loans.
What is Elevate Credit's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 0EV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 0EV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 0EV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 0EV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 0EV's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jason Harvison (43yo)
Mr. Jason Harvison has been the President, Chief Executive officer and Director of Elevate Credit, Inc. since November 21, 2019 and served as its Interim Chief Executive officer from July 31, 2019 to Novem ...
CEO Compensation Analysis
Compensation vs Market: Jason's total compensation ($USD1.91M) is above average for companies of similar size in the German market ($USD625.38K).
Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||5.1yrs||US$1.89m||0.81% $1.3m|
|Chief Accounting Officer & Senior VP of Finance||6.1yrs||no data||0.044% $69.3k|
|Chief Information Officer||3.9yrs||no data||no data|
|Chief Counsel||6.1yrs||no data||no data|
|Senior Communications Manager||2.2yrs||no data||no data|
|Executive VP & Chief Human Resources Officer||0yrs||no data||no data|
|0.2yrs||no data||0.17% $263.9k|
|Chief Analytics Officer||0yrs||no data||no data|
|Chief Credit Officer||1.3yrs||no data||0.023% $36.6k|
Experienced Management: 0EV's management team is considered experienced (3 years average tenure).
|Independent Director||5.8yrs||US$169.79k||0.30% $476.4k|
|Independent Director||5.8yrs||US$155.00k||0.11% $169.7k|
|Independent Director||5.8yrs||US$215.50k||0.39% $626.8k|
|Independent Director||5.8yrs||US$215.50k||0.25% $400.7k|
|Independent Director||5.6yrs||US$160.00k||5.39% $8.6m|
|Independent Director||2.1yrs||US$455.83k||0.13% $203.1k|
Experienced Board: 0EV's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Elevate Credit, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Elevate Credit, Inc.
- Ticker: 0EV
- Exchange: DB
- Founded: 2014
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: US$171.651m
- Listing Market Cap: US$159.001m
- Shares outstanding: 43.02m
- Website: https://www.elevate.com
Number of Employees
- Elevate Credit, Inc.
- 4150 International Plaza
- Suite 300
- Fort Worth
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ELVT||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Apr 2017|
|0EV||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 2017|
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, an 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 23:56|
|End of Day Share Price||2020/02/19 00:00|
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.