NYSE:ELVT

Stock Analysis Report

Executive Summary

Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States and the United Kingdom.

Snowflake

Fundamentals

Solid track record with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-4.8%

NYSE:ELVT

-1.2%

US Consumer Finance

-0.7%

US Market


1 Year Return

-53.1%

NYSE:ELVT

4.5%

US Consumer Finance

-0.5%

US Market

ELVT underperformed the Consumer Finance industry which returned 5% over the past year.

ELVT underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

ELVTIndustryMarket
7 Day-4.8%-1.2%-0.7%
30 Day12.5%-2.5%-3.0%
90 Day3.7%-0.4%0.9%
1 Year-53.1%-53.1%6.2%4.5%1.7%-0.5%
3 Yearn/a61.3%53.9%39.5%30.4%
5 Yearn/a40.3%30.4%54.1%37.0%

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

Valuation

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

37%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

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 Based on Earnings

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

Elevate Credit is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Elevate Credit is good value based on expected growth next year.


Price Based on Value of Assets

Elevate Credit is overvalued based on assets compared to the US Consumer Finance industry average.


Next Steps

Future Growth

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

24.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Elevate Credit's revenue is expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).

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

Elevate Credit's revenue growth is positive but not above the United States of America market average.

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

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


Earnings per Share Growth Estimates


Future Return on Equity

Elevate Credit is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Elevate Credit performed over the past 5 years?

68.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Elevate Credit's 1-year earnings growth exceeds its 5-year average (1789.6% vs 68.9%)

Elevate Credit's earnings growth has exceeded the US Consumer Finance industry average in the past year (1789.6% vs 37.7%).


Return on Equity

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


Return on Assets

Elevate Credit used its assets more efficiently than the US Consumer Finance industry average last year based on Return on Assets.


Return on Capital Employed

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


Next Steps

Financial Health

How is Elevate Credit's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Elevate Credit's level of debt (376.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (119.6% vs 376.8% today).

Debt is well covered by operating cash flow (70%, greater than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.3x annual interest expense, ideally 3x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.2x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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.

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

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 United States of America.


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Jason Harvison (43yo)

0.1yrs

Tenure

US$1,912,822

Compensation

Mr. Jason Harvison has been Chief Operating Officer at Elevate Credit, Inc., since 2014 and serves as its Secretary and Treasurer. Mr. Harvison has been Interim Chief Executive officer of Elevate Credit, I ...


CEO Compensation Analysis

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

Jason's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.5yrs

Average Tenure

51yo

Average Age

The tenure for the Elevate Credit management team is about average.


Board Age and Tenure

5.3yrs

Average Tenure

68yo

Average Age

The tenure for the Elevate Credit board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$11,72602 Aug 19
Sequoia Capital China
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Shares2,753
Max PriceUS$4.28
SellUS$268,68002 Aug 19
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Sequoia Capital
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Sequoia Capital
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Max PriceUS$4.16
SellUS$7,64628 Jun 19
Sequoia Capital China
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Shares1,817
Max PriceUS$4.25
SellUS$175,21728 Jun 19
Sequoia Capital
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Shares41,637
Max PriceUS$4.25
SellUS$6,01625 Jun 19
Sequoia Capital China
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Shares1,371
Max PriceUS$4.46
SellUS$137,90725 Jun 19
Sequoia Capital
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SellUS$6,98120 Jun 19
Sequoia Capital China
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Shares1,569
Max PriceUS$4.46
SellUS$159,86220 Jun 19
Sequoia Capital
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Shares35,931
Max PriceUS$4.46
SellUS$6,48815 Jun 19
Sequoia Capital China
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Shares1,463
Max PriceUS$4.48
SellUS$148,73215 Jun 19
Sequoia Capital
EntityCompany
Shares33,537
Max PriceUS$4.48
SellUS$7,00712 Jun 19
Sequoia Capital China
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Shares1,633
Max PriceUS$4.42
SellUS$160,61912 Jun 19
Sequoia Capital
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Shares37,432
Max PriceUS$4.42
SellUS$7,54407 Jun 19
Sequoia Capital China
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Shares1,764
Max PriceUS$4.30
SellUS$172,83807 Jun 19
Sequoia Capital
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Shares40,417
Max PriceUS$4.30
SellUS$7,61604 Jun 19
Sequoia Capital China
EntityCompany
Shares1,813
Max PriceUS$4.26
SellUS$174,61204 Jun 19
Sequoia Capital
EntityCompany
Shares41,567
Max PriceUS$4.26
SellUS$10,47630 May 19
Sequoia Capital China
EntityCompany
Shares2,410
Max PriceUS$4.40
SellUS$239,86830 May 19
Sequoia Capital
EntityCompany
Shares55,182
Max PriceUS$4.40
BuyUS$149,25429 Nov 18
John Dean
EntityIndividual
Role
Member of the Board of Directors
Director
Shares33,000
Max PriceUS$4.57
SellUS$1,555,20110 Nov 18
Tyler W. Head
EntityIndividual
Role
Member of the Board of Directors
Director
Shares356,494
Max PriceUS$4.38
BuyUS$66,45010 Nov 18
Bradley Strock
EntityIndividual
Role
Member of the Board of Directors
Director
Shares15,000
Max PriceUS$4.43
BuyUS$21,25005 Nov 18
Stephen Shaper
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$4.25
SellUS$2,156,38901 Nov 18
Tyler W. Head
EntityIndividual
Role
Member of the Board of Directors
Director
Shares558,650
Max PriceUS$3.86

Ownership Breakdown


Management Team

  • Chris Lutes (51yo)

    Chief Financial Officer

    • Tenure: 4.6yrs
    • Compensation: US$1.89m
  • Joan Kuehl (62yo)

    Chief Information Officer

    • Tenure: 3.4yrs
  • Eric Von Dohlen (51yo)

    Chief Analytics Officer

    • Tenure: 0.0yrs
  • Jason Harvison (43yo)

    COO, Treasurer

    • Tenure: 0.1yrs
    • Compensation: US$1.91m
  • Sarah Cutrona (58yo)

    Chief Counsel

    • Tenure: 5.6yrs
  • Sharon Clarey (58yo)

    Executive VP & Chief Human Resources Officer

    • Tenure: 0.0yrs
  • Chad Bradford (48yo)

    Chief Accounting Officer & Senior VP of Finance

    • Tenure: 5.6yrs
  • David Peterson (37yo)

    Chief Credit Officer

    • Tenure: 0.8yrs
  • Kate Vanderkolk

    Chief Risk Officer

    • Tenure: 1.6yrs
  • Daniel Rhea

    Senior Communications Manager

    • Tenure: 1.7yrs

Board Members

  • John Dean (71yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$169.79k
  • Bob Johnson (73yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$155.00k
  • Ken Rees (56yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: US$3.64m
  • Steven Shaper (82yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$215.50k
  • Stephen Galasso (70yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$215.50k
  • Tyler W. Head (43yo)

    Director

    • Tenure: 5.1yrs
    • Compensation: US$160.00k
  • Saundra Schrock (66yo)

    Chairman

    • Tenure: 0.1yrs
    • Compensation: US$163.33k
  • Brad Strock (56yo)

    Director

    • Tenure: 1.6yrs
    • Compensation: US$455.83k

Company Information

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


Key Information

  • Name: Elevate Credit, Inc.
  • Ticker: ELVT
  • Exchange: NYSE
  • Founded: 2014
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: US$210.519m
  • Shares outstanding: 44.13m
  • Website: https://www.elevate.com

Number of Employees


Location

  • Elevate Credit, Inc.
  • 4150 International Plaza
  • Suite 300
  • Fort Worth
  • Texas
  • 76109
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELVTNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 2017
0EVDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2017

Biography

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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 00:50
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.