NasdaqGS:EZPW

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

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

Rewards

Earnings are forecast to grow 166.19% per year

Risk Analysis

No risks detected for EZPW from our risk checks.


Snowflake Analysis

Excellent balance sheet with moderate 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

Stable Share Price: EZPW has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.4%

EZPW

-2.6%

US Consumer Finance

2.2%

US Market


1 Year Return

-31.0%

EZPW

-27.1%

US Consumer Finance

16.2%

US Market

Return vs Industry: EZPW underperformed the US Consumer Finance industry which returned -26.5% over the past year.

Return vs Market: EZPW underperformed the US Market which returned 15.9% over the past year.


Shareholder returns

EZPWIndustryMarket
7 Day5.4%-2.6%2.2%
30 Day-0.5%-0.4%4.9%
90 Day13.1%15.7%17.8%
1 Year-31.0%-31.0%-25.6%-27.1%18.7%16.2%
3 Year-34.9%-34.9%-0.7%-5.7%41.1%32.0%
5 Year-2.3%-2.3%4.0%-4.2%74.5%55.7%

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 compared to its fair value and its price relative to the market?

0.48x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EZPW's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EZPW's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EZPW is unprofitable, so we can't compare its PE Ratio to the US Consumer Finance industry average.

PE vs Market: EZPW is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EZPW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EZPW is good value based on its PB Ratio (0.5x) compared to the US Consumer Finance industry average (1x).


Next Steps

Future Growth

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

166.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EZPW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: EZPW is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EZPW's is expected to become profitable in the next 3 years.

Revenue vs Market: EZPW's revenue (7.3% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: EZPW's revenue (7.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EZPW's Return on Equity is forecast to be high in 3 years time


Next Steps

  • Explore growth companies in the Diversified Financials industry.

Past Performance

How has EZCORP performed over the past 5 years?

39.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EZPW is currently unprofitable.

Growing Profit Margin: EZPW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EZPW is unprofitable, but has reduced losses over the past 5 years at a rate of 39.6% per year.

Accelerating Growth: Unable to compare EZPW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EZPW is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-40.1%).


Return on Equity

High ROE: EZPW has a negative Return on Equity (-5.43%), as it is currently unprofitable.


Next Steps

Financial Health

How is EZCORP's financial position?


Financial Position Analysis

Short Term Liabilities: EZPW's short term assets ($585.8M) exceed its short term liabilities ($110.6M).

Long Term Liabilities: EZPW's short term assets ($585.8M) exceed its long term liabilities ($425.0M).


Debt to Equity History and Analysis

Debt Level: EZPW's debt to equity ratio (36.1%) is considered satisfactory.

Reducing Debt: EZPW's debt to equity ratio has reduced from 47.3% to 36.1% over the past 5 years.

Debt Coverage: EZPW's debt is well covered by operating cash flow (30.3%).

Interest Coverage: EZPW is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate EZPW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EZPW's dividends per share have been stable in the past.

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


Next Steps

Management

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

1.0yrs

Average management tenure


CEO

Jason Kulas (49 yo)

0.083

Tenure

US$131,334

Compensation

Mr. Jason A. Kulas has been Chief Executive Officer and Director of EZCORP, Inc. since July 6, 2020, has been Chief Financial Officer since February 28, 2020 and serves as President of EZCORP, Inc. since F ...


Leadership Team

NamePositionTenureCompensationOwnership
Jason Kulas
President0.083yrUS$131.33k0.23%
$ 717.6k
Lachlan Given
Chief M&A and Strategic Funding Officer0.92yrUS$1.97m0.67%
$ 2.1m
Phillip Cohen
Executive Chairman0.92yrno data5.4%
$ 16.9m
Fred Herman
Chief Accounting Officer0.083yrno datano data
Keith Robertson
Chief Information Officer0.75yrno datano data
Jeff Christensen
Vice Presidentno datano datano data
Thomas Welch
Chief Legal Officer & Secretary11.33yrsUS$1.31m0.24%
$ 756.4k
Scott Alomes
Chief Human Resources Officer5.42yrsno data0.14%
$ 453.1k
Jacob Wedin
Chief Strategy Officer5.25yrsno data0.034%
$ 105.7k
Blair Powell
Chief Customer Services Officer1yrno datano data
William Fosse
President of U.S. Pawn2.08yrsUS$1.22m0.019%
$ 58.0k
Francisco J. Saenger
President of Latin America Pawn1.58yrsno data0.094%
$ 294.3k

1.0yrs

Average Tenure

57yo

Average Age

Experienced Management: EZPW's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jason Kulas
President0.083yrUS$131.33k0.23%
$ 717.6k
Phillip Cohen
Executive Chairman0.92yrno data5.4%
$ 16.9m
Kent Stone
Independent Director1.33yrsUS$131.33k0.061%
$ 189.8k
Shelaghmichael Brown
Independent Director1.33yrsUS$131.33k0.061%
$ 189.8k
Matthew Appel
Lead Independent Director0.92yrUS$250.39k0.20%
$ 632.0k
Robert W. Webb
Independent Director1.33yrsUS$131.33k0.061%
$ 189.8k
Pablo Espinosa
Independent Director9.83yrsUS$232.27k0.26%
$ 801.0k
Hugo Dooner
Independent Director0.25yrno data0.022%
$ 70.2k
Gary Tillett
Independent Director1.33yrsUS$131.33k0.061%
$ 189.8k
Rosa Zeegers
Independent Director1.33yrsUS$131.33k0.061%
$ 189.8k
Zena Arnold
Independent Director1.25yrsUS$117.77k0.061%
$ 189.8k

1.3yrs

Average Tenure

62yo

Average Age

Experienced Board: EZPW's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: EZPW 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

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$313.336m
  • Shares outstanding: 55.07m
  • Website: https://www.ezcorp.com

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 Analysis2020/08/04 23:31
End of Day Share Price2020/08/04 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


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.