Enova International
Market Cap
US$432.3m
Last Updated
2020/06/04 04:11 UTC
Data Sources
Company Financials +
Executive Summary
Enova International, Inc., a technology and analytics company, provides online financial services.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record and good value.
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: ENVA's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.1%
ENVA
2.0%
US Consumer Finance
2.4%
US Market
1 Year Return
-37.4%
ENVA
-24.0%
US Consumer Finance
9.2%
US Market
Return vs Industry: ENVA underperformed the US Consumer Finance industry which returned -24% over the past year.
Return vs Market: ENVA underperformed the US Market which returned 9.2% over the past year.
Shareholder returns
| ENVA | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 2.0% | 2.4% |
| 30 Day | 10.4% | 17.1% | 10.2% |
| 90 Day | -23.2% | -14.6% | 3.4% |
| 1 Year | -37.4%-37.4% | -22.4%-24.0% | 11.6%9.2% |
| 3 Year | -2.1%-2.1% | 10.6%5.0% | 33.7%24.9% |
| 5 Year | -24.2%-24.2% | 4.3%-3.9% | 59.7%41.8% |
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
1 month ago | Simply Wall St
A Rising Share Price Has Us Looking Closely At Enova International, Inc.'s (NYSE:ENVA) P/E Ratio2 months ago | Simply Wall St
What Is Enova International's (NYSE:ENVA) P/E Ratio After Its Share Price Tanked?2 months ago | Simply Wall St
How Does Enova International's (NYSE:ENVA) P/E Compare To Its Industry, After The Share Price Drop?Valuation
Is Enova International undervalued compared to its fair value and its price relative to the market?
3.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ENVA ($14.39) is trading below our estimate of fair value ($14.95)
Significantly Below Fair Value: ENVA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ENVA is good value based on its PE Ratio (5.1x) compared to the Consumer Finance industry average (6.5x).
PE vs Market: ENVA is good value based on its PE Ratio (5.1x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: ENVA is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: ENVA is overvalued based on its PB Ratio (1x) compared to the US Consumer Finance industry average (0.9x).
Next Steps
Future Growth
How is Enova International forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
35.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ENVA's forecast earnings growth (35.8% per year) is above the savings rate (2.2%).
Earnings vs Market: ENVA's earnings (35.8% per year) are forecast to grow faster than the US market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ENVA's revenue is expected to decline over the next 3 years (-4.4% per year).
High Growth Revenue: ENVA's revenue is forecast to decline over the next 3 years (-4.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENVA's Return on Equity is forecast to be high in 3 years time (20.1%)
Next Steps
Past Performance
How has Enova International performed over the past 5 years?
14.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENVA has high quality earnings.
Growing Profit Margin: ENVA's current net profit margins (9.9%) are higher than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: ENVA's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: ENVA's earnings growth over the past year (26.8%) exceeds its 5-year average (14.2% per year).
Earnings vs Industry: ENVA earnings growth over the past year (26.8%) exceeded the Consumer Finance industry -22.1%.
Return on Equity
High ROE: Whilst ENVA's Return on Equity (21.63%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Enova International's financial position?
Financial Position Analysis
Short Term Liabilities: ENVA's short term assets ($1.4B) exceed its short term liabilities ($95.9M).
Long Term Liabilities: ENVA's short term assets ($1.4B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: ENVA's debt to equity ratio (247.5%) is considered high.
Reducing Debt: ENVA's debt to equity ratio has reduced from 277.5% to 247.5% over the past 5 years.
Debt Coverage: ENVA's debt is well covered by operating cash flow (84.6%).
Interest Coverage: Insufficient data to determine if ENVA's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Enova International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ENVA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ENVA'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 ENVA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ENVA'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 ENVA'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?
5.2yrs
Average management tenure
CEO
David Fisher (50yo)
7.42yrs
Tenure
US$7,229,908
Compensation
Mr. David A. Fisher, JD, has been President of Enova International, Inc. since March 2013. Mr. Fisher has been Chief Executive Officer of Enova International, Inc. since joining on January 29, 2013. Mr. Fi ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD7.23M) is above average for companies of similar size in the US market ($USD2.17M).
Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 7.42yrs | US$7.23m | 0.69% $3.0m | |
| Executive VP | 4yrs | US$2.53m | 0.15% $663.1k | |
| General Counsel | 2yrs | US$1.30m | 0.12% $535.3k | |
| Chief Marketing Officer & Executive VP | no data | US$2.09m | 0.12% $504.5k | |
| Investor Relations | no data | no data | no data | |
| Investor Relations | no data | no data | no data | |
| Chief People Officer | 2.42yrs | no data | no data | |
| Chief Analytics Officer & VP | 6.42yrs | US$685.79k | no data | |
| Head of UK Operations | 6.42yrs | no data | no data |
5.2yrs
Average Tenure
50yo
Average Age
Experienced Management: ENVA's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 7.42yrs | US$7.23m | 0.69% $3.0m | |
| Independent Director | 5.08yrs | US$235.31k | 0.18% $759.7k | |
| Independent Director | 5.67yrs | US$216.56k | 0.24% $1.0m | |
| Independent Director | 8.75yrs | US$247.44k | 1.07% $4.6m | |
| Independent Director | 5.67yrs | US$222.81k | 0.21% $921.4k | |
| Lead Independent Director | 6.42yrs | US$251.56k | 0.47% $2.0m | |
| Independent Director | 5.67yrs | US$216.56k | 0.14% $620.1k | |
| Independent Director | 4.25yrs | US$216.56k | 0.098% $424.8k |
5.7yrs
Average Tenure
57yo
Average Age
Experienced Board: ENVA's board of directors are considered experienced (5.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ENVA 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: ENVA
- Exchange: NYSE
- Founded: 2011
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: US$432.264m
- Shares outstanding: 30.04m
- Website: https://www.enova.com
Number of Employees
Location
- Enova International, Inc.
- 175 West Jackson Boulevard
- Suite 1000
- Chicago
- Illinois
- 60604
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ENVA | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 2014 |
| 27E | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/04 04:11 |
| End of Day Share Price | 2020/06/03 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.