DB:27E

Stock Analysis Report

Executive Summary

Enova International, Inc., a technology and analytics company, provides online financial services.


Snowflake Analysis

Undervalued with solid track record.


Similar Companies

Share Price & News

How has Enova International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 27E's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-14.2%

27E

-6.0%

DE Consumer Finance

-0.6%

DE Market


1 Year Return

-47.2%

27E

-51.7%

DE Consumer Finance

-20.9%

DE Market

Return vs Industry: 27E exceeded the German Consumer Finance industry which returned -51.7% over the past year.

Return vs Market: 27E underperformed the German Market which returned -20.9% over the past year.


Shareholder returns

27EIndustryMarket
7 Day-14.2%-6.0%-0.6%
30 Day-33.1%-37.8%-18.6%
90 Day-48.1%-44.9%-26.2%
1 Year-47.2%-47.2%-49.7%-51.7%-18.6%-20.9%
3 Year-15.5%-15.5%-59.7%-67.9%-19.0%-25.8%
5 Year-42.3%-42.3%-55.5%-67.6%-21.2%-31.8%

Price Volatility Vs. Market

How volatile is Enova International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

36.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 27E (€10.9) is trading below our estimate of fair value (€17.23)

Significantly Below Fair Value: 27E is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 27E is good value based on its PE Ratio (3x) compared to the Consumer Finance industry average (5.3x).

PE vs Market: 27E is good value based on its PE Ratio (3x) compared to the German market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: 27E is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: 27E is overvalued based on its PB Ratio (1x) compared to the XE Consumer Finance industry average (0.6x).


Next Steps

Future Growth

How is Enova International forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

18.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 27E's forecast earnings growth (18.2% per year) is above the savings rate (-0.4%).

Earnings vs Market: 27E's earnings (18.2% per year) are forecast to grow faster than the German market (14.1% per year).

High Growth Earnings: 27E's earnings are forecast to grow, but not significantly.

Revenue vs Market: 27E's revenue (18.9% per year) is forecast to grow faster than the German market (3.9% per year).

High Growth Revenue: 27E's revenue (18.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 27E's Return on Equity is forecast to be high in 3 years time (25.5%)


Next Steps

Past Performance

How has Enova International performed over the past 5 years?

6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 27E has high quality earnings.

Growing Profit Margin: 27E's current net profit margins (11.6%) are higher than last year (7.1%).


Past Earnings Growth Analysis

Earnings Trend: 27E's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: 27E's earnings growth over the past year (101.4%) exceeds its 5-year average (6.4% per year).

Earnings vs Industry: 27E earnings growth over the past year (101.4%) exceeded the Consumer Finance industry 17.9%.


Return on Equity

High ROE: Whilst 27E's Return on Equity (33.99%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Enova International's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 27E has a low level of unsold assets or inventory.

Debt Coverage by Assets: 27E's debt is covered by short term assets (assets are 1.2x debt).


Financial Institutions Analysis

Asset Level: 27E's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if 27E has a sufficient allowance for bad loans.

Low Risk Liabilities: 27E reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 27E has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 27E has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 27E has an appropriate level of bad loans.


Next Steps

Dividend

What is Enova International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 27E's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 27E'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 27E's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 27E'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 27E's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

David Fisher (50yo)

7.25s

Tenure

US$5,709,683

Compensation

Mr. David A. Fisher, JD, has been President of Enova International, Inc. since March 2013. Mr. Fisher has been Chief Executive Officer of Enova International, Inc. since joining on January 29, 2013. Mr. Fi ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD5.71M) is above average for companies of similar size in the German market ($USD1.10M).

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


Leadership Team

NamePositionTenureCompensationOwnership
David Fisher
Chairman of the Board7.25yrsUS$5.71m0.64% $2.1m
Steven Cunningham
Executive VP3.83yrsUS$2.30m0.086% $283.4k
Sean Rahilly
General Counsel1.83yrsUS$1.23m0.22% $718.7k
Kirk L. Chartier
Chief Marketing Officer & Executive VPno dataUS$1.77m0.11% $357.9k
Monica Gould
Investor Relationsno datano datano data
Lindsay Savarese
Investor Relationsno datano datano data
Stacey Kraft
Chief People Officer2.25yrsno datano data
Joseph DeCosmo
Chief Analytics Officer & VP6.25yrsUS$685.79kno data
Nick Drew
Head of UK Operations6.25yrsno datano data

5.0yrs

Average Tenure

50yo

Average Age

Experienced Management: 27E's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Fisher
Chairman of the Board7.25yrsUS$5.71m0.64% $2.1m
Ellen Carnahan
Independent Director4.92yrsUS$203.57k0.10% $330.7k
Mark Tebbe
Independent Director5.5yrsUS$203.13k0.16% $532.2k
Daniel Feehan
Independent Director8.58yrsUS$235.69k0.93% $3.1m
William Goodyear
Independent Director5.5yrsUS$228.13k0.14% $450.4k
James Gray
Lead Independent Director6.25yrsUS$238.13k0.38% $1.3m
Gregg Kaplan
Independent Director5.5yrsUS$203.13k0.070% $231.6k
Mark McGowan
Independent Director4.08yrsUS$203.13k0.059% $196.8k

5.5yrs

Average Tenure

57yo

Average Age

Experienced Board: 27E's board of directors are considered experienced (5.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 27E insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Enova International, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Enova International, Inc.
  • Ticker: 27E
  • Exchange: DB
  • Founded: 2011
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: US$357.552m
  • Listing Market Cap: US$331.415m
  • Shares outstanding: 31.50m
  • Website: https://www.enova.com

Number of Employees


Location

  • Enova International, Inc.
  • 175 West Jackson Boulevard
  • Suite 1000
  • Chicago
  • Illinois
  • 60604
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENVANYSE (New York Stock Exchange)YesCommon StockUSUSDOct 2014
27EDB (Deutsche Boerse AG)YesCommon StockDEEUROct 2014

Biography

Enova International, Inc., a technology and analytics company, provides online financial services. The company offers short-term consumer loans; line of credit accounts; installment loans; receivables purchase agreements; CSO programs, including credit-related services, such as arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs comprising technology, loan servicing, unsecured consumer installment loans, and marketing services to the bank, as well as Enova Decisions, an analytics as a service that enables companies to take decisions about their customers. It offers loans to consumers under the names CashNetUSA and NetCredit in the United States; and Simplic name in Brazil. The company also offers financing to small businesses under the names Headway Capital and The Business Backer in the United States. Enova International, Inc. was founded in 2011 and is headquartered in Chicago, Illinois. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/05 01:48
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.