NYSE:ENVA

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Executive Summary

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


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

8.3%

ENVA

14.8%

US Consumer Finance

3.8%

US Market


1 Year Return

-33.9%

ENVA

-18.2%

US Consumer Finance

9.7%

US Market

Return vs Industry: ENVA underperformed the US Consumer Finance industry which returned -20.1% over the past year.

Return vs Market: ENVA underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

ENVAIndustryMarket
7 Day8.3%14.8%3.8%
30 Day30.2%30.7%11.4%
90 Day-18.3%-4.9%6.8%
1 Year-33.9%-33.9%-16.6%-18.2%12.1%9.7%
3 Year1.8%1.8%18.9%12.9%36.2%27.2%
5 Year-18.7%-18.7%13.4%4.5%63.7%45.4%

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

1.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ENVA ($15.32) is trading below our estimate of fair value ($15.47)

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 (5.4x) compared to the Consumer Finance industry average (6.6x).

PE vs Market: ENVA is good value based on its PE Ratio (5.4x) compared to the US market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: ENVA is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: ENVA is overvalued based on its PB Ratio (1.1x) 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 (22.3% 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 ($USD7.23M) is above average for companies of similar size in the US market ($USD2.15M).

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


Leadership Team

NamePositionTenureCompensationOwnership
David Fisher
Chairman of the Board7.42yrsUS$7.23m0.69% $3.2m
Steven Cunningham
Executive VP4yrsUS$2.53m0.15% $705.9k
Sean Rahilly
General Counsel2yrsUS$1.30m0.12% $569.9k
Kirk L. Chartier
Chief Marketing Officer & Executive VPno dataUS$2.09m0.12% $537.1k
Monica Gould
Investor Relationsno datano datano data
Lindsay Savarese
Investor Relationsno datano datano data
Stacey Kraft
Chief People Officer2.42yrsno datano data
Joseph DeCosmo
Chief Analytics Officer & VP6.42yrsUS$685.79kno data
Nick Drew
Head of UK Operations6.42yrsno datano 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

NamePositionTenureCompensationOwnership
David Fisher
Chairman of the Board7.42yrsUS$7.23m0.69% $3.2m
Ellen Carnahan
Independent Director5.08yrsUS$235.31k0.18% $808.8k
Mark Tebbe
Independent Director5.67yrsUS$216.56k0.24% $1.1m
Daniel Feehan
Independent Director8.75yrsUS$247.44k1.07% $4.9m
William Goodyear
Independent Director5.67yrsUS$222.81k0.21% $980.9k
James Gray
Lead Independent Director6.42yrsUS$251.56k0.47% $2.2m
Gregg Kaplan
Independent Director5.67yrsUS$216.56k0.14% $660.2k
Mark McGowan
Independent Director4.25yrsUS$216.56k0.098% $452.2k

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$460.201m
  • 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

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 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 05:16
End of Day Share Price2020/06/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.