NYSE:ENVA

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Fair value with acceptable 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


Market Performance


7 Day Return

-2.7%

ENVA

1.9%

US Consumer Finance

1.0%

US Market


1 Year Return

-17.4%

ENVA

5.7%

US Consumer Finance

6.7%

US Market

Return vs Industry: ENVA underperformed the US Consumer Finance industry which returned 5.7% over the past year.

Return vs Market: ENVA underperformed the US Market which returned 6.7% over the past year.


Share holder returns

ENVAIndustryMarket
7 Day-2.7%1.9%1.0%
30 Day-18.8%-5.3%-1.8%
90 Day-6.6%-7.6%-1.8%
1 Year-17.4%-17.4%7.5%5.7%9.1%6.7%
3 Year122.1%122.1%61.3%53.5%46.1%36.6%
5 Yearn/a42.1%31.7%66.9%48.6%

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

Valuation

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

8.02x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: ENVA ($19.88) is trading above our estimate of fair value ($14.22)

Significantly Undervalued: ENVA is trading above our estimate of fair value.


Price Based on Earnings

PE vs Industry: ENVA is good value based on its PE Ratio (8x) compared to the Consumer Finance industry average (8x).

PE vs Market: ENVA is good value based on its PE Ratio (8x) compared to the US market (17.5x).


Price Based on Expected Growth

Low PEG Ratio: ENVA is good value based on its PEG Ratio (0.6x)


Price Based on Value of Assets

PB vs Industry: ENVA is overvalued based on its PB Ratio (1.7x) compared to the US Consumer Finance industry average (1.2x).


Next Steps

Future Growth

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

13.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: ENVA's forecast earnings growth (13.7% per year) is above the savings rate (2.7%).

Earnings vs Market: ENVA's earnings (13.7% per year) are forecast to grow slower than the US market (14.5% per year).

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

Revenue vs Market: ENVA's revenue (16.2% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: ENVA's revenue (16.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Enova International performed over the past 5 years?

-11.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ENVA's earnings have declined by -11.4% per year over the past 5 years.

Accelerating Growth: ENVA's earnings growth over the past year (69.3%) exceeds its 5-year average (-11.4% per year).

Earnings vs Industry: ENVA earnings growth over the past year (69.3%) exceeded the Consumer Finance industry 25.5%.


Return on Equity

High ROE: Whilst ENVA's Return on Equity (20.68%) is high, this metric is skewed due to their high level of debt.


Return on Assets

ROA vs Industry: ENVA has a higher Return on Assets than the Consumer Finance industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate ENVA's Return on Capital Employed to determine if it has improved over the past 3 years.


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: ENVA has a low level of unsold assets or inventory.

Debt Coverage by Assets: ENVA's debt is covered by short term assets (assets are 1.305390x debt).


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: Insufficient data to determine if ENVA 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

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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

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

4.8yrs

Average management tenure


CEO

David Fisher (50yo)

6.8yrs

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 ($USD5.71M) is about average for companies of similar size in the US market ($USD2.71M).

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


Management Age and Tenure

4.8yrs

Average Tenure

50.5yo

Average Age

Experienced Management: ENVA's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

5.0yrs

Average Tenure

57yo

Average Age

Experienced Board: ENVA's board of directors are considered experienced (5 years average tenure).


Insider Trading

Insider Buying: ENVA insiders have only sold shares in the past 3 months.


Recent Insider Transactions

BuyUS$13,30112 Aug 19
SAF Capital Management LLC
EntityCompany
Shares500
Max PriceUS$26.60
SellUS$356,84912 Aug 19
Mark McGowan
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares13,571
Max PriceUS$26.30
SellUS$633,69512 Aug 19
SAF Capital Management LLC
EntityCompany
Shares23,907
Max PriceUS$26.55

Ownership Breakdown


Management Team

  • David Fisher (50yo)

    Chairman

    • Tenure: 6.8yrs
    • Compensation: US$5.71m
  • Stacey Kraft

    Chief People Officer

    • Tenure: 1.8yrs
  • Kirk L. Chartier (55yo)

    Chief Marketing Officer & Executive VP

    • Tenure: 0yrs
    • Compensation: US$1.77m
  • Joe DeCosmo (53yo)

    Chief Analytics Officer & VP

    • Tenure: 5.8yrs
    • Compensation: US$685.79k
  • Steve Cunningham (49yo)

    Executive VP

    • Tenure: 3.3yrs
    • Compensation: US$2.30m
  • John Higginson (51yo)

    CTO & VP

    • Tenure: 4.8yrs
    • Compensation: US$1.02m
  • Sean Rahilly (46yo)

    General Counsel

    • Tenure: 1.3yrs
    • Compensation: US$1.23m
  • Nick Drew

    Head of UK Operations

    • Tenure: 5.8yrs
  • Monica Gould

    Investor Relations

    • Tenure: 0yrs

Board Members

  • Ellen Carnahan (63yo)

    Independent Director

    • Tenure: 4.4yrs
    • Compensation: US$203.57k
  • Mark Tebbe (57yo)

    Independent Director

    • Tenure: 5yrs
    • Compensation: US$203.13k
  • Dan Feehan (68yo)

    Independent Director

    • Tenure: 8.1yrs
    • Compensation: US$235.69k
  • Bill Goodyear (70yo)

    Independent Director

    • Tenure: 5yrs
    • Compensation: US$228.13k
  • David Fisher (50yo)

    Chairman

    • Tenure: 6.8yrs
    • Compensation: US$5.71m
  • Jim Gray (54yo)

    Lead Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$238.13k
  • Gregg Kaplan (49yo)

    Independent Director

    • Tenure: 5yrs
    • Compensation: US$203.13k
  • Mark McGowan

    Independent Director

    • Tenure: 3.6yrs
    • Compensation: US$203.13k

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$675.914m
  • Shares outstanding: 34.00m
  • 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 purc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 02:30
End of Day Share Price2019/10/11 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.

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