NYSE:ONDK

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Executive Summary

On Deck Capital, Inc. operates an online platform for small business lending in the United States, Canada, and Australia.


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has On Deck Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ONDK's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.3%

ONDK

5.9%

US Diversified Financial

3.0%

US Market


1 Year Return

-81.7%

ONDK

-6.5%

US Diversified Financial

9.9%

US Market

Return vs Industry: ONDK underperformed the US Diversified Financial industry which returned -6.5% over the past year.

Return vs Market: ONDK underperformed the US Market which returned 9.9% over the past year.


Shareholder returns

ONDKIndustryMarket
7 Day-3.3%5.9%3.0%
30 Day-32.0%1.9%8.2%
90 Day-77.9%-14.3%0.4%
1 Year-81.7%-81.7%-6.3%-6.5%12.4%9.9%
3 Year-81.0%-81.0%10.4%10.1%31.0%22.3%
5 Year-94.8%-94.8%28.8%28.2%58.1%40.3%

Price Volatility Vs. Market

How volatile is On Deck Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is On Deck Capital undervalued compared to its fair value and its price relative to the market?

0.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ONDK is unprofitable, so we can't compare its PE Ratio to the Diversified Financial industry average.

PE vs Market: ONDK 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 ONDK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ONDK is good value based on its PB Ratio (0.2x) compared to the US Diversified Financial industry average (0.6x).


Next Steps

Future Growth

How is On Deck Capital forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

149.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: ONDK's revenue is expected to decline over the next 3 years (-3.5% per year).

High Growth Revenue: ONDK's revenue is forecast to decline over the next 3 years (-3.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ONDK's Return on Equity is forecast to be low in 3 years time (5.8%).


Next Steps

Past Performance

How has On Deck Capital performed over the past 5 years?

34.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ONDK is currently unprofitable.

Growing Profit Margin: ONDK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ONDK is unprofitable, but has reduced losses over the past 5 years at a rate of 34.6% per year.

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

Earnings vs Industry: ONDK is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (45.6%).


Return on Equity

High ROE: ONDK has a negative Return on Equity (-18.42%), as it is currently unprofitable.


Next Steps

Financial Health

How is On Deck Capital's financial position?


Financial Position Analysis

Short Term Liabilities: ONDK's short term assets ($1.2B) exceed its short term liabilities ($66.7M).

Long Term Liabilities: ONDK's short term assets ($1.2B) exceed its long term liabilities ($1.0B).


Debt to Equity History and Analysis

Debt Level: ONDK's debt to equity ratio (444.1%) is considered high.

Reducing Debt: ONDK's debt to equity ratio has increased from 129.5% to 444.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ONDK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ONDK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.9% per year.


Next Steps

Dividend

What is On Deck Capital's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ONDK'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 ONDK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ONDK'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 ONDK'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?

1.9yrs

Average management tenure


CEO

Noah Breslow (44yo)

8yrs

Tenure

US$2,499,831

Compensation

Mr. Noah Breslow has been the Chairman and Chief Executive Officer of On Deck Capital, Inc. since June 2012. Mr. Breslow served as the Chief Product Officer of OnDeck Capital Inc. from October 2009 until S ...


CEO Compensation Analysis

Compensation vs Market: Noah's total compensation ($USD2.50M) is above average for companies of similar size in the US market ($USD594.10K).

Compensation vs Earnings: Noah's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Noah Breslow
Chairman & CEO8yrsUS$2.50m1.61% $703.9k
Kenneth Brause
Chief Financial Officer2.25yrsUS$1.33m0.067% $29.1k
Cory Kampfer
COO & General Counsel2.33yrsUS$1.23m0.43% $190.0k
Nicholas Brown
Chief Risk Officer3.58yrsUS$1.13m0.11% $50.2k
Scott Totman
Chief Product & Technology Officer0.42yrno datano data
Stephen Klimas
Head of Investor Relations1.92yrsno datano data
Debra Stroff
Chief People Officer1.08yrsno datano data
Rob Young
President of Internationalno datano datano data
Raj Kolluri
Head of Product & Technology1.67yrsno datano data
Chris McCall
Head of Acquisition Risk Management1.33yrsno datano data

1.9yrs

Average Tenure

45.5yo

Average Age

Experienced Management: ONDK's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Noah Breslow
Chairman & CEO8yrsUS$2.50m1.61% $703.9k
Bruce Nolop
Independent Director4.42yrsUS$207.50k0.22% $98.0k
Ronald Verni
Independent Director8.08yrsUS$210.00k0.20% $87.6k
Daniel Henson
Lead Independent Director1.42yrsUS$220.00k0.22% $97.5k
Neil Wolfson
Independent Director9.17yrsUS$216.25k0.39% $169.7k
Manuel Sánchez Rodriguez
Independent Director1.58yrsUS$207.50k0.075% $32.6k
Jane Thompson
Independent Director5.83yrsUS$207.50k0.18% $79.4k
Chandra Dhandapani
Independent Director1.58yrsUS$202.50k0.075% $32.6k

5.1yrs

Average Tenure

56.5yo

Average Age

Experienced Board: ONDK's board of directors are considered experienced (5.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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

On Deck Capital, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: On Deck Capital, Inc.
  • Ticker: ONDK
  • Exchange: NYSE
  • Founded: 2006
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: US$43.695m
  • Shares outstanding: 58.42m
  • Website: https://www.ondeck.com

Number of Employees


Location

  • On Deck Capital, Inc.
  • 1400 Broadway
  • 25th Floor
  • New York
  • New York
  • 10018
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ONDKNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 2014
2ODDB (Deutsche Boerse AG)YesCommon StockDEEURDec 2014

Biography

On Deck Capital, Inc. operates an online platform for small business lending in the United States, Canada, and Australia. It offers term loans and lines of credit. The company also provides technology and services platform that facilitates online lending to small business customers for banks. It distributes its products through direct marketing channel, strategic partners, and funding advisors. The company was founded in 2006 and is headquartered in New York, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 05:16
End of Day Share Price2020/05/29 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.