NasdaqGS:EZPW

Stock Analysis Report

Executive Summary

EZCORP, Inc. provides pawn loans. It operates through three segments: U.S.

Snowflake

Fundamentals

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-4.9%

NasdaqGS:EZPW

-2.3%

US Consumer Finance

-1.0%

US Market


1 Year Return

-26.8%

NasdaqGS:EZPW

5.0%

US Consumer Finance

-0.4%

US Market

EZPW underperformed the Consumer Finance industry which returned 3.4% over the past year.

EZPW underperformed the Market in United States of America which returned -1.7% over the past year.


Share holder returns

EZPWIndustryMarket
7 Day-4.9%-2.3%-1.0%
30 Day-14.7%-3.3%-3.3%
90 Day-9.8%0.3%0.4%
1 Year-26.8%-26.8%6.7%5.0%1.8%-0.4%
3 Year-18.8%-18.8%60.9%53.5%39.4%30.4%
5 Year-22.1%-22.1%40.4%30.4%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

108.09x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for EZCORP to establish if it is available at moderate discount.

Unable to calculate intrinsic value for EZCORP to establish if it is available at substantial discount.


Price Based on Earnings

EZCORP is overvalued based on earnings compared to the US Consumer Finance industry average.

EZCORP is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

EZCORP is poor value based on expected growth next year.


Price Based on Value of Assets

EZCORP is good value based on assets compared to the US Consumer Finance industry average.


Next Steps

Future Growth

How is EZCORP expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

76.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

EZCORP's revenue is expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).

EZCORP's earnings are expected to grow significantly at over 20% yearly.

EZCORP's revenue growth is expected to exceed the United States of America market average.

EZCORP's earnings growth is expected to exceed the United States of America market average.

EZCORP's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

EZCORP is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has EZCORP performed over the past 5 years?

48.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

EZCORP has delivered over 20% year on year earnings growth in the past 5 years.

EZCORP's 1-year earnings growth is negative, it can't be compared to the 5-year average.

EZCORP's 1-year earnings growth is negative, it can't be compared to the US Consumer Finance industry average.


Return on Equity

EZCORP has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

EZCORP used its assets less efficiently than the US Consumer Finance industry average last year based on Return on Assets.


Return on Capital Employed

EZCORP has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is EZCORP's financial position?


Financial Position Analysis

EZCORP is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

EZCORP's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

EZCORP's level of debt (31.5%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (37.7% vs 31.5% today).

Debt is well covered by operating cash flow (35.8%, greater than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.5x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate EZCORP's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate EZCORP's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as EZCORP has not reported any payouts.

Unable to verify if EZCORP's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as EZCORP has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

3.2yrs

Average management tenure


CEO

Stuart Grimshaw (58yo)

4.5yrs

Tenure

US$7,503,754

Compensation

Mr. Stuart Ian Grimshaw, BCA, MBA, PMD, has been the Chief Executive Officer of EZCORP, Inc. since February 2015. Mr. Grimshaw served as President of Hockey Australia until May 2014. He served as the Chief ...


CEO Compensation Analysis

Stuart's remuneration is higher than average for companies of similar size in United States of America.

Stuart's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

3.2yrs

Average Tenure

58yo

Average Age

The tenure for the EZCORP management team is about average.


Board Age and Tenure

0.3yrs

Average Tenure

61yo

Average Age

The average tenure for the EZCORP board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Tom Welch (64yo)

    Chief Legal Officer & Secretary

    • Tenure: 10.3yrs
    • Compensation: $1.31m
  • Jeff Christensen

    Vice President

  • Mark Debenedictus (58yo)

    Chief Customer Experience Officer

    • Tenure: 2.3yrs
  • Joe Rotunda (72yo)

    Chief Operating Officer

    • Tenure: 2.8yrs
    • Compensation: $2.69m
  • Danny Chism (51yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
    • Compensation: $1.29m
  • Lachie Given (42yo)

    Executive Chairman

    • Compensation: $2.65m
  • David McGuire (40yo)

    Chief Accounting Officer & Deputy CFO

    • Tenure: 3.6yrs
  • Jacob Wedin (48yo)

    Chief Business Development Officer

    • Tenure: 0.6yrs
  • Scott Alomes (60yo)

    Chief Human Resources Officer & New Ventures

    • Tenure: 4.4yrs
  • Stuart Grimshaw (58yo)

    CEO & Director

    • Tenure: 4.5yrs
    • Compensation: $7.50m

Board Members

  • Robb Webb (63yo)

    Independent Director

    • Tenure: 0.3yrs
  • Shelaghmichael Brown (69yo)

    Independent Director

    • Tenure: 0.3yrs
  • Jason Kulas (48yo)

    Independent Director

    • Tenure: 0.3yrs
  • Lachie Given (42yo)

    Executive Chairman

    • Tenure: 4.5yrs
    • Compensation: $2.65m
  • Gary Tillett (59yo)

    Independent Director

    • Tenure: 0.3yrs
  • Rosa Zeegers

    Independent Director

    • Tenure: 0.3yrs
  • Matt Appel (63yo)

    Director

    • Tenure: 4.6yrs
    • Compensation: $277.63k
  • Pablo Espinosa (64yo)

    Director

    • Tenure: 8.8yrs
    • Compensation: $265.13k
  • Kent Stone (61yo)

    Independent Director

    • Tenure: 0.3yrs
  • Stuart Grimshaw (58yo)

    CEO & Director

    • Tenure: 5.0yrs
    • Compensation: $7.50m

Company Information

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


Key Information

  • Name: EZCORP, Inc.
  • Ticker: EZPW
  • Exchange: NasdaqGS
  • Founded: 1989
  • Industry: consumer finance
  • Sector: diversified financials
  • Market Cap: US$456.869m
  • Shares outstanding: 55.45m
  • Website: Click here

Number of Employees


Location

  • EZCORP, Inc.
  • Building One
  • Suite 200
  • Austin
  • Texas
  • 78746
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EZPWNasdaqGS (Nasdaq Global Select)YesClass A Common StockUSUSDAug 1991
EZ2ADB (Deutsche Boerse AG)YesClass A Common StockDEEURAug 1991

Biography

EZCORP, Inc. provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 23:36
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.